New Risk • Oct 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr88.3m (US$8.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m (kr6.0m revenue, or US$596k). Market cap is less than US$10m (kr88.3m market cap, or US$8.77m). Upcoming Dividend • Oct 06
Upcoming dividend of kr0.14 per share Eligible shareholders must have bought the stock before 13 October 2025. Payment date: 17 October 2025. Trailing yield: 4,986%. Within top quartile of Norwegian dividend payers (9.2%). Higher than average of industry peers (3.4%). Duyuru • Sep 26
Aker Carbon Capture ASA Announces Liquidation Dividend, Payable on or About 13 October 2025 Aker Carbon Capture ASA announced that with reference made to the extraordinary general meeting of the company on 5 August 2025 where the general meeting resolved to liquidate the company, the Board of Directors has in accordance with the Norwegian Public Limited Liability Companies Act section 16-9 resolved to distribute a liquidation dividend to its shareholders in the amount of NOK 0.141 per share (NOK 85,198,152.738 in total). Ex-date is 3 October 2025 and Record date is 6 October 2025 . The date of approval is 25 September 2025 and payment date is on or about 13 October 2025. New Risk • Jul 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr101.2m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Revenue is less than US$1m (kr6.0m revenue, or US$588k). Market cap is less than US$10m (kr101.2m market cap, or US$9.92m). New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr87.1m (US$8.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Revenue is less than US$1m (kr6.0m revenue, or US$594k). Market cap is less than US$10m (kr87.1m market cap, or US$8.61m). Duyuru • Jun 10
Aker Carbon Capture ASA Announces Dividend Distribution Aker Horizons ASA announced distribution of dividend of NOK 2.86 per share. Ex. date: 10 June 2025. Upcoming Dividend • Jun 03
Upcoming dividend of kr2.86 per share Eligible shareholders must have bought the stock before 10 June 2025. Payment date: 20 June 2025. Trailing yield: 200%. Within top quartile of Norwegian dividend payers (9.5%). Higher than average of industry peers (3.5%). Price Target Changed • Jun 01
Price target increased by 7.6% to kr10.02 Up from kr9.31, the current price target is an average from 5 analysts. New target price is 246% above last closing price of kr2.89. Stock is down 61% over the past year. The company is forecast to post a net loss per share of kr0.082 next year compared to a net loss per share of kr0.025 last year. Duyuru • May 15
Aker Carbon Capture ASA Proposes Extraordinary Dividend, Payable on or About 20 June 2025 Aker Carbon Capture ASA proposed extraordinary dividend subject to approval by the EGM expected to be held on 6 June 2025. Dividend amount: NOK 2.86 per share. Record Date: 11 June 2025. Ex-date: 10 June 2025. Payment date: On or about 20 June 2025. Duyuru • Apr 30
Aker Carbon Capture ASA Announces Board Changes The 2025 Annual General Meeting of Aker Carbon Capture ASA was held on April 29, 2025. The general meeting elected Karl Erik Kjelstad as chair of the board of the directors in replacement of Kristian Monsen Røkke and elected Lars Peder Sørvaag Sperre as new deputy director, all for a period of one year until the Company's annual general meeting in 2026. Price Target Changed • Apr 29
Price target increased by 14% to kr10.78 Up from kr9.43, the current price target is an average from 5 analysts. New target price is 319% above last closing price of kr2.57. Stock is down 63% over the past year. The company is forecast to post a net loss per share of kr0.039 next year compared to a net loss per share of kr0.025 last year. Duyuru • Apr 25
Aker Carbon Capture ASA Declares Dividend, Payable on 7 May 2025 The extraordinary general meeting of Aker Carbon Capture ASA held on 7 March 2025 resolved to distribute dividends of NOK 0.98 per share to the Company's shareholders as of 25 April 2025 (as recorded in the VPS on 29 April 2025), subject to completion of the capital reduction. Such dividends are accordingly planned to be paid on or about 7 May 2025, and the Company's shares will trade excluding the right to such dividend from 28 April 2025. Upcoming Dividend • Apr 21
Upcoming dividend of kr0.98 per share Eligible shareholders must have bought the stock before 28 April 2025. Payment date: 07 May 2025. Trailing yield: 138%. Within top quartile of Norwegian dividend payers (9.1%). Higher than average of industry peers (3.7%). Price Target Changed • Mar 14
Price target decreased by 9.4% to kr9.43 Down from kr10.42, the current price target is an average from 6 analysts. New target price is 204% above last closing price of kr3.10. Stock is down 55% over the past year. The company is forecast to post a net loss per share of kr0.039 next year compared to a net loss per share of kr0.023 last year. New Risk • Mar 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m (kr5.9m revenue, or US$548k). Major Estimate Revision • Feb 20
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr3.69b to kr3.57b. Losses expected to increase from kr0.045 per share to kr0.053. Commercial Services industry in Norway expected to see average net income growth of 31% next year. Consensus price target down from kr12.29 to kr11.07. Share price was steady at kr7.33 over the past week. New Risk • Feb 14
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: kr5.9m (US$530k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Duyuru • Feb 13
Aker Carbon Capture ASA Proposes an Extraordinary Dividend, Payable on or about 19 March 2025 and May 2025 Aker Carbon Capture ASA on 12 February 2025 where the Board of Directors announced, among other things, that it had resolved to propose to the Company's extraordinary general meeting expected to be held on 7 March 2025 (the "EGM") an extraordinary dividend to the Company's shareholders of NOK 5.80 per share, of which NOK 4.82 per share is proposed to be paid in March 2025 and NOK 0.98 is proposed to be paid in May 2025 subject to completion of a proposed capital reduction. Last day including right is 7 March 2025. Ex-date is 10 March 2025. Record Date is 11 March 2025. Payment date is On or about 19 March 2025. Duyuru • Nov 27
Aker Carbon Capture ASA, Annual General Meeting, Apr 29, 2025 Aker Carbon Capture ASA, Annual General Meeting, Apr 29, 2025. Breakeven Date Change • Jul 16
Forecast breakeven date moved forward to 2025 The 8 analysts covering Aker Carbon Capture previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of kr19.1m in 2025. Average annual earnings growth of 75% is required to achieve expected profit on schedule. Major Estimate Revision • May 02
Consensus EPS estimates fall by 38% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr1.99b to kr1.88b. Losses expected to increase from kr0.27 per share to kr0.36. Commercial Services industry in Norway expected to see average net income growth of 18% next year. Consensus price target down from kr13.91 to kr12.11. Share price was steady at kr7.02 over the past week. Price Target Changed • May 01
Price target decreased by 13% to kr12.11 Down from kr13.91, the current price target is an average from 9 analysts. New target price is 73% above last closing price of kr7.02. Stock is down 33% over the past year. The company is forecast to post a net loss per share of kr0.36 next year compared to a net loss per share of kr0.28 last year. Duyuru • Apr 26
Aker Carbon Capture ASA Announces Chief Financial Officer Changes Aker Carbon Capture ASA announced that Julie Berg has decided to step down from her role as Chief Financial Officer. Berg will leave Aker Carbon Capture ASA within the second quarter of 2024. The Company's Head of Group Controlling Petter Natås will serve as interim CFO upon Berg's departure. Reported Earnings • Apr 25
First quarter 2024 earnings released: kr0.11 loss per share (vs kr0.081 loss in 1Q 2023) First quarter 2024 results: kr0.11 loss per share (further deteriorated from kr0.081 loss in 1Q 2023). Revenue: kr566.3m (up 97% from 1Q 2023). Net loss: kr67.7m (loss widened 38% from 1Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Europe. Price Target Changed • Mar 26
Price target decreased by 8.5% to kr13.52 Down from kr14.78, the current price target is an average from 10 analysts. New target price is 132% above last closing price of kr5.83. Stock is down 53% over the past year. The company is forecast to post a net loss per share of kr0.26 next year compared to a net loss per share of kr0.28 last year. Reported Earnings • Mar 20
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: kr0.28 loss per share (improved from kr0.34 loss in FY 2022). Revenue: kr1.61b (up 106% from FY 2022). Net loss: kr170.8m (loss narrowed 16% from FY 2022). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.9%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Feb 12
Forecast breakeven date pushed back to 2026 The 9 analysts covering Aker Carbon Capture previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of kr94.7m in 2026. Average annual earnings growth of 61% is required to achieve expected profit on schedule. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 26
Full year 2023 earnings released Full year 2023 results: Revenue: kr1.61b (up 106% from FY 2022). Net loss: kr170.8m (loss narrowed 16% from FY 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 43% growth forecast for the Commercial Services industry in Norway. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Duyuru • Jan 24
Aker Carbon Capture ASA (OB:ACC) signed letter of intent to acquire Man Energy Solutions Usa Inc. Aker Carbon Capture ASA (OB:ACC) signed letter of intent to acquire Man Energy Solutions Usa Inc. on January 23, 2024. Buying Opportunity • Jan 17
Now 20% undervalued Over the last 90 days, the stock is up 10.0%. The fair value is estimated to be kr14.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 44% in a year. Earnings is forecast to grow by 11% in the next year. Duyuru • Dec 24
Aker Carbon Capture ASA, Annual General Meeting, Apr 16, 2024 Aker Carbon Capture ASA, Annual General Meeting, Apr 16, 2024. Price Target Changed • Nov 28
Price target decreased by 7.6% to kr14.78 Down from kr16.00, the current price target is an average from 9 analysts. New target price is 45% above last closing price of kr10.16. Stock is down 8.7% over the past year. The company is forecast to post a net loss per share of kr0.29 next year compared to a net loss per share of kr0.34 last year. Reported Earnings • Oct 27
Third quarter 2023 earnings released: kr0.066 loss per share (vs kr0.085 loss in 3Q 2022) Third quarter 2023 results: kr0.066 loss per share (improved from kr0.085 loss in 3Q 2022). Revenue: kr439.6m (up 116% from 3Q 2022). Net loss: kr39.8m (loss narrowed 23% from 3Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 39% growth forecast for the Commercial Services industry in Norway. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Major Estimate Revision • Oct 26
Consensus revenue estimates increase by 10% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from kr1.41b to kr1.56b. EPS estimate unchanged from -kr0.28 at last update. Commercial Services industry in Norway expected to see average net income growth of 19% next year. Consensus price target of kr16.00 unchanged from last update. Share price fell 9.5% to kr9.75 over the past week. Duyuru • Oct 10
Aker Carbon Capture ASA Appoints Julie Berg as Chief Financial Officer, Effective December 1, 2023 Aker Carbon Capture ASA named Julie Berg as its new chief financial officer, effective December 1, 2023. Berg has served at KPMG for 23 years and recently in the role of audit partner. She has served in various key leadership positions with KPMG, including head of its Audit Assurance group. Duyuru • Oct 07
Petter Natås to serve as Head of Group Controlling of Aker Carbon Capture ASA, Effective December 1, 2023 Aker Carbon Capture ASA announced that Petter Natås, who held the position as interim CFO, will serve as the Head of Group Controlling, effective December 1, 2023. Price Target Changed • Oct 05
Price target decreased by 12% to kr16.33 Down from kr18.55, the current price target is an average from 9 analysts. New target price is 79% above last closing price of kr9.11. Stock is down 39% over the past year. The company is forecast to post a net loss per share of kr0.28 next year compared to a net loss per share of kr0.34 last year. Breakeven Date Change • Aug 25
Forecast to breakeven in 2025 The 9 analysts covering Aker Carbon Capture expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr72.4m in 2025. Average annual earnings growth of 61% is required to achieve expected profit on schedule. Reported Earnings • Jul 12
Second quarter 2023 earnings: Revenues miss analyst expectations Second quarter 2023 results: Revenue: kr305.5m (up 58% from 2Q 2022). Net loss: kr46.5m (loss narrowed 6.6% from 2Q 2022). Revenue missed analyst estimates by 7.8%. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Commercial Services industry in Norway. Major Estimate Revision • Jul 11
Consensus revenue estimates increase by 16% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from kr1.21b to kr1.41b. Forecast losses expected to reduce from -kr0.315 to -kr0.293 per share. Commercial Services industry in Norway expected to see average net income growth of 20% next year. Consensus price target of kr18.55 unchanged from last update. Share price fell 4.1% to kr13.06 over the past week. Major Estimate Revision • Jun 29
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -kr0.285 to -kr0.315 per share. Revenue forecast unchanged at kr1.21b. Commercial Services industry in Norway expected to see average net income growth of 20% next year. Consensus price target of kr18.55 unchanged from last update. Share price fell 2.4% to kr13.60 over the past week. Price Target Changed • May 10
Price target decreased by 9.3% to kr18.39 Down from kr20.28, the current price target is an average from 9 analysts. New target price is 82% above last closing price of kr10.08. Stock is down 42% over the past year. The company is forecast to post a net loss per share of kr0.31 next year compared to a net loss per share of kr0.34 last year. Duyuru • May 06
Aker Carbon Capture ASA (OB:ACC) commences an Equity Buyback Plan, under the authorization approved on April 18, 2023. Aker Carbon Capture ASA (OB:ACC) commences share repurchases on May 2, 2023, under the program mandated by the shareholders in the Annual General Meeting held on April 18, 2023. As per the mandate, the company is authorized to repurchase up to an aggregate nominal value of up to approximately 10% of the company’s share capital(NOK 60.42 million). The consideration per share may not be less than NOK 1 and may not exceed NOK 200. The authorization is valid until the Annual General Meeting in 2024, however no longer than until June 30, 2024. As of April 18, 2023, the company had 604,242,218 shares in issue.
On April 28, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, for NOK 4 million worth of its shares. The purpose of the program is to fulfil the Company's obligations under its employee share purchase program for 2023. The program will run through May 8, 2023. Breakeven Date Change • Apr 27 The 9 analysts covering Aker Carbon Capture previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 65% per year to 2024. The company is expected to make a profit of kr201.5m in 2025. Average annual earnings growth of 0.9% is required to achieve expected profit on schedule.
Recent Insider Transactions • Mar 27
Independent Director recently bought kr136k worth of stock On the 24th of March, Oscar Graff bought around 10k shares on-market at roughly kr13.60 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth kr150k. Insiders have collectively bought kr286k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 23
Full year 2022 earnings released: kr0.34 loss per share (vs kr0.33 loss in FY 2021) Full year 2022 results: kr0.34 loss per share (further deteriorated from kr0.33 loss in FY 2021). Revenue: kr780.9m (up 115% from FY 2021). Net loss: kr204.1m (loss widened 6.1% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Norway are expected to remain flat. Price Target Changed • Mar 15
Price target decreased by 7.0% to kr20.22 Down from kr21.75, the current price target is an average from 8 analysts. New target price is 42% above last closing price of kr14.28. Stock is down 18% over the past year. The company is forecast to post a net loss per share of kr0.24 next year compared to a net loss per share of kr0.34 last year. Major Estimate Revision • Feb 22
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr1.39b to kr1.17b. Forecast losses increased from -kr0.206 to -kr0.24 per share. Commercial Services industry in Norway expected to see average net income growth of 16% next year. Consensus price target broadly unchanged at kr21.50. Share price fell 4.0% to kr15.06 over the past week. Recent Insider Transactions • Feb 19
Chief Commercial Officer recently bought kr150k worth of stock On the 16th of February, Jon Knudsen bought around 10k shares on-market at roughly kr14.95 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 16
Full year 2022 earnings released: kr0.34 loss per share (vs kr0.33 loss in FY 2021) Full year 2022 results: kr0.34 loss per share (further deteriorated from kr0.33 loss in FY 2021). Revenue: kr780.9m (up 115% from FY 2021). Net loss: kr203.2m (loss widened 5.7% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Commercial Services industry in Norway. Breakeven Date Change • Jan 01
Forecast to breakeven in 2025 The 8 analysts covering Aker Carbon Capture expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr278.7m in 2025. Average annual earnings growth of 59% is required to achieve expected profit on schedule. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bent Christensen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2022 earnings released: kr0.085 loss per share (vs kr0.11 loss in 3Q 2021) Third quarter 2022 results: kr0.085 loss per share (improved from kr0.11 loss in 3Q 2021). Revenue: kr203.6m (up 57% from 3Q 2021). Net loss: kr51.6m (loss narrowed 20% from 3Q 2021). Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Commercial Services industry in Norway. Major Estimate Revision • Nov 03
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr0.31 to -kr0.37 per share. Revenue forecast unchanged at kr866.0m. Commercial Services industry in Norway expected to see average net income growth of 22% next year. Consensus price target of kr21.78 unchanged from last update. Share price fell 2.3% to kr12.29 over the past week. Price Target Changed • Oct 21
Price target decreased to kr21.78 Down from kr24.50, the current price target is an average from 9 analysts. New target price is 77% above last closing price of kr12.29. Stock is down 60% over the past year. The company is forecast to post a net loss per share of kr0.31 next year compared to a net loss per share of kr0.33 last year. Buying Opportunity • Aug 22
Now 22% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be kr28.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 190% over the last year. Earnings per share has declined by 46%. Revenue is forecast to grow by 201% in 2 years. Earnings is forecast to grow by 74% in the next 2 years. Major Estimate Revision • Jul 26
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr1.19b to kr913.2m. EPS estimate unchanged from -kr0.24 per share at last update. Commercial Services industry in Norway expected to see average net income growth of 32% next year. Consensus price target of kr24.43 unchanged from last update. Share price was steady at kr19.24 over the past week. Price Target Changed • Jul 12
Price target increased to kr24.43 Up from kr22.13, the current price target is an average from 6 analysts. New target price is 34% above last closing price of kr18.21. Stock is down 1.0% over the past year. The company is forecast to post a net loss per share of kr0.25 next year compared to a net loss per share of kr0.33 last year. Reported Earnings • Jul 11
Second quarter 2022 earnings: Revenues exceed analyst expectations Second quarter 2022 results: Revenue: kr193.6m (up kr183.5m from 2Q 2021). Net loss: kr49.8m (loss widened 56% from 2Q 2021). Revenue exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 77%, compared to a 51% growth forecast for the industry in Norway. Buying Opportunity • Jun 10
Now 22% undervalued Over the last 90 days, the stock is up 8.3%. The fair value is estimated to be kr25.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 292% over the last year. Earnings per share has declined by 68%. Revenue is forecast to grow by 236% in 2 years. Earnings is forecast to grow by 80% in the next 2 years. Breakeven Date Change • May 20
No longer forecast to breakeven The 6 analysts covering Aker Carbon Capture no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr26.6m in 2023. New consensus forecast suggests the company will make a loss of kr47.5m in 2024. Price Target Changed • May 11
Price target decreased to kr22.13 Down from kr25.00, the current price target is an average from 6 analysts. New target price is 28% above last closing price of kr17.27. Stock is up 15% over the past year.