Elliptic Laboratories AS

Elliptic Laboratories AS

ELABS · OL · Technology / Software - Infrastructure

2.85NOK+0.11 (+4.01%)

Price History

Full chart

Market Stats

Previous Close2.74
Open2.74
Day Range2.74 – 2.89
52-Week Range2.35 – 10.24
Volume128.92K
Market Cap404.28M
P/E (TTM)0.00
Forward P/E5.83
EPS-1.41
Dividend Yield0.00%
Beta0.83
50-Day Avg2.96
200-Day Avg3.58

About

Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on devices and to allow intuitive responses based on natural human interaction; AI Virtual Proximity Sensor that enables exquisite full-screen devices; and AI Virtual Connection Sensor that allows pair and authenticate smart devices that are in the same room using ultrasound. It also provides AI Virtual Position Sensor which automatically detects the location of an external display in relation to a laptop; AI Virtual Gesture Sensor that enables touchless user interactions; AI Virtual Breathing sensor that enables to track person's breathing; and AI Virtual heartbeat Sensor that tracks a person's heart rate. The company was incorporated in 2006 and is headquartered in Oslo, Norway.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Ola Sandstad
  • Employees87
  • HeadquartersHausmannsgate 21, Oslo, Norway, 0182, Norway
  • Websitehttps://www.ellipticlabs.com

Leadership

  • Mr. Ola SandstadChief Executive Officer
  • Mr. Brian DalyC.C.O.
  • Dr. Tobias DahlFounder
  • Mr. Mathias NorderudCFO & Senior Financial Manager
  • Mr. Tobias BorenChief Technology Officer
  • Ms. Linn GimmestadChief People & Flow Officer
  • Ms. Bente HøgnesFinance Director
  • Mr. Oystein GrimstadChief Product Officer

Financials

Income Statement

Currency: NOK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.69M41.58M37.96M30.22M54.60M52.06M68.32M131.91M101.31M
Growth (%)-+288.80%-8.71%-20.40%+80.70%-4.64%+31.23%+93.08%-23.20%
Cost of Revenue41.20M46.96M45.65M35.87M50.81M62.80M80.55M87.86M88.64M
Gross Profit-30.51M-5.38M-7.69M-5.65M3.79M-10.74M-12.23M44.05M12.66M
Gross Margin-285.27%-12.95%-20.27%-18.70%6.94%-20.63%-17.90%33.40%12.50%
Operating Expense12.40M27.19M5.30M4.45M14.93M31.39M37.51M39.34M58.11M
Operating Income-42.91M-32.57M-12.99M-10.10M-11.14M-42.13M-49.74M4.71M-45.44M
Operating Margin-401.22%-78.34%-34.23%-33.43%-20.40%-80.92%-72.81%3.57%-44.86%
EBITDA-40.48M-28.77M-10.52M-10.37M-9.29M-26.75M-39.79M25.69M-33.17M
EBITDA Margin-378.54%-69.20%-27.72%-34.32%-17.01%-51.38%-58.24%19.47%-32.74%
Net Income-34.25M-28.12M-13.26M-12.51M-11.21M-33.00M-38.00M8.96M-138.16M
Net Income Margin-320.24%-67.63%-34.93%-41.40%-20.54%-63.38%-55.62%6.79%-136.38%
R&D----5.70M8.14M21.29M26.65M-
R&D as % of Total Revenue----10.45%15.64%31.16%20.20%-
Interest Expense1.06M2.35M3.89M3.06M1.45M2.70M2.43M2.38M11.60M
Interest Expense % of Total Revenue9.93%5.64%10.26%10.14%2.66%5.18%3.55%1.80%11.45%

Balance Sheet

Currency: NOK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets98.45M102.24M139.37M218.72M371.36M349.32M348.20M361.03M221.66M
Total Liabilities26.59M54.84M59.34M30.62M28.59M23.70M42.80M35.69M31.87M
Total Equity71.86M47.40M80.03M188.10M342.77M325.62M305.40M325.34M189.79M
Cash37.34M16.62M34.36M98.57M218.15M178.22M115.58M76.39M37.77M
Total Debt18.00M43.01M48.64M23.21M17.14M12.71M25.86M19.35M-
Net Debt-19.34M26.38M16.32M-75.36M-201.01M-165.51M-89.72M-57.04M-

Cash Flow

Currency: NOK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-38.87M-35.16M-8.05M-6.68M-10.82M-12.76M-45.51M-10.61M5.99M
Investing Cash Flow-1.37M-8.74M-11.10M-15.10M-17.61M-23.33M-20.97M-24.55M-26.86M
Financing Cash Flow46.94M23.24M38.39M87.19M146.80M-4.26M2.21M-7.13M-10.31M
Capital Expenditure1.37M8.74M11.10M15.10M17.61M23.33M25.61M30.50M29.08M
Free Cash Flow-40.24M-43.90M-19.14M-21.78M-28.43M-36.09M-71.12M-41.11M-41.11M
FCF to OCF103.53%124.86%237.89%326.15%262.72%282.84%156.28%387.56%-685.84%

Earnings

Report DateMar 10, 2021May 12, 2021Aug 5, 2021Nov 10, 2021Mar 10, 2022May 25, 2022Jul 14, 2022Nov 17, 2022Feb 17, 2023May 25, 2023Jul 14, 2023Nov 24, 2023Feb 15, 2024May 23, 2024Jul 15, 2024Nov 29, 2024Feb 27, 2025May 22, 2025Aug 28, 2025Nov 20, 2025Feb 26, 2026May 21, 2026Aug 26, 2026Nov 19, 2026
EPS Estimate----0.700.10-0.10-0.100.00-0.10-0.10-0.10-0.100.10-0.100.05---0.010.020.200.18--0.07-0.05
EPS Actual1.45-0.09-0.05-0.020.04-0.14-0.060.06-0.18-0.140.04-0.07-0.19-0.020.04-0.040.10-0.12-0.080.03-0.90-0.21-0.09-
Surprise---97.14%-60.00%-40.00%40.00%--80.00%-40.00%140.00%30.00%-290.00%80.00%-20.00%---1100.00%-500.00%-85.00%-600.00%--28.57%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-After-hoursPre-market

Key Statistics & Ratios

Market Cap404.28M
Enterprise Value375.70M
Trailing P/E0.00
Forward P/E5.83
Price / Sales5.06
Price / Book1.98
EPS-1.41
Book Value1.67
Revenue (TTM)79.89M
Gross Profit (TTM)-4.95M
EBITDA-64.18M
Profit Margin-191.97%
Operating Margin-89.66%
Return on Equity-59.32%
Return on Assets-14.44%
Shares Outstanding126.34M
Shares Float95.64M
Beta0.83
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Sep 30, 202110:1