Otovo AS

Otovo AS

OTOVO · OL · Technology / Solar

8.58NOK+0.08 (+0.94%)

Price History

Full chart

Market Stats

Previous Close8.50
Open8.50
Day Range8.20 – 8.86
52-Week Range6.01 – 17.80
Volume126.94K
Market Cap799.12M
P/E (TTM)0.00
Forward P/E0.00
EPS-11.53
Dividend Yield0.00%
Beta0.94
50-Day Avg11.21
200-Day Avg11.63

About

Otovo ASA, together with its subsidiaries, engages in the sale and installation of solar panels and related home energy products in Norway, Sweden, Poland, Italy, Germany, Switzerland, Austria, France, the Netherlands, Belgium, Spain, Portugal, and the United Kingdom. It operates through three segments: Newbuild, Recurring Services, and Field Services. The company offers solar, battery, generator, and electricity plans; and various services, including system inspection, pro cleaning, critter guard, generator tune-up, and removal and reinstall, as well as maintenance, grid, electricity, home energy products renting, and subscription services. It also provides Endurance, an AI-built software and online sales platform that automates workflows across intake, diagnostics, dispatch, procurement, billing, and customer support. The company serves residential and commercial customers. Otovo ASA was incorporated in 2015 and is headquartered in Oslo, Norway.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. William Jackson Berger
  • Employees310
  • HeadquartersTorggata 11, Oslo, Norway, 0181, Norway
  • Websitehttps://www.otovo.com

Leadership

  • Mr. William Jackson BergerCEO & Director · b. 1974
  • Ms. Jennifer SantoscoyChief Financial Officer
  • Jack BergerHead of Software Engineering & Director of Technology
  • Ms. Eleanor GilbaneGeneral Counsel
  • Mr. Nick ShermanHead of Global Sales
  • Ms. Ingunn Andersen RandaExecutive VP at Obos AS · b. 1981
  • Ms. Paulina AckermannChief Field Operations Officer
  • Ms. Ida GrothChief Product Officer · b. 1985
  • Mr. Atle KnudsenExecutive VP for New Industry at Å Energi AS
  • Marie StrannegårdCEO of AxSol AB

Financials

Income Statement

Currency: NOK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue42.04M94.04M193.66M152.02M289.40M652.26M1.05B648.97M567.27M
Growth (%)-+123.71%+105.94%-21.50%+90.37%+125.38%+61.69%-38.47%-12.59%
Cost of Revenue41.10M90.58M165.83M121.31M240.36M523.15M809.65M454.37M437.88M
Gross Profit938.72K3.46M27.84M30.71M49.04M129.11M245.00M194.61M129.39M
Gross Margin2.23%3.68%14.37%20.20%16.95%19.79%23.23%29.99%22.81%
Operating Expense14.30M43.34M94.52M133.51M224.33M446.65M630.66M574.61M521.72M
Operating Income-13.36M-39.88M-66.68M-102.79M-175.29M-317.53M-385.66M-380.01M-392.33M
Operating Margin-31.79%-42.41%-34.43%-67.62%-60.57%-48.68%-36.57%-58.56%-69.16%
EBITDA--37.82M-55.17M-80.77M-131.57M-250.63M-285.77M-263.43M-248.05M
EBITDA Margin--40.22%-28.49%-53.13%-45.46%-38.43%-27.10%-40.59%-43.73%
Net Income-13.33M-40.12M-51.41M-101.48M-153.61M-309.50M-384.77M-374.51M-395.35M
Net Income Margin-31.72%-42.66%-26.54%-66.75%-53.08%-47.45%-36.48%-57.71%-69.69%
Interest Expense0269.06K627.53K777.33K1.00M4.08M28.85M35.12M7.83M
Interest Expense % of Total Revenue0.00%0.29%0.32%0.51%0.35%0.63%2.74%5.41%1.38%

Balance Sheet

Currency: NOK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets76.94M148.63M356.20M260.04M662.27M937.27M1.36B1.11B486.71M
Total Liabilities18.63M34.06M116.35M85.55M141.22M405.77M483.49M615.66M207.94M
Total Equity58.31M114.58M239.85M174.49M489.75M531.50M874.20M498.72M278.77M
Cash59.53M117.05M191.47M72.18M221.78M189.42M570.47M180.01M54.02M
Net Debt-------282.17M-

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-30.23M-30.23M-46.20M-74.28M-136.02M-267.07M-203.67M-400.11M-266.50M
Investing Cash Flow-8.07M-8.07M-28.56M-46.49M39.64M-178.90M-166.11M-213.32M-
Financing Cash Flow96.39M96.39M150.16M1.42M247.56M416.65M750.10M212.05M-
Capital Expenditure1.22M1.22M856.63K851.00K4.71M133.62M406.15M155.64M42.03M
Free Cash Flow--38.53M-63.25M-94.97M-169.50M-430.56M-609.82M-555.75M-308.52M
FCF to OCF-127.48%136.92%127.85%124.62%161.22%299.42%138.90%115.77%

Earnings

Report DateApr 30, 2021Jul 15, 2021Oct 28, 2021Jan 20, 2022May 5, 2022Jul 14, 2022Oct 18, 2022Jan 25, 2023May 4, 2023Jul 13, 2023Oct 25, 2023Feb 8, 2024May 1, 2024Aug 20, 2024Oct 24, 2024Feb 24, 2025May 6, 2025Jul 11, 2025Nov 6, 2025Mar 2, 2026May 7, 2026Aug 14, 2026Nov 12, 2026
EPS Estimate-------6.33-5.45-6.10--6.95-4.27-4.99-0.43-3.27-2.43-0.16-1.12-0.94-0.84---
EPS Actual-0.41-0.40-0.37-0.33-0.64-0.42-5.80-7.00-3.90-0.60-8.10-5.51-3.10-0.39-4.30-2.36-0.38-1.50-4.20-0.30-2.53-0.82-
Surprise------8.37%-28.44%36.07%--16.55%-29.04%37.88%8.13%-31.50%2.88%-140.35%-33.93%-346.81%64.29%---
TimingPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-Pre-market

Key Statistics & Ratios

Market Cap799.12M
Enterprise Value807.31M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.70
Price / Book2.43
EPS-11.53
Book Value4.68
Revenue (TTM)470.40M
Gross Profit (TTM)130.15M
EBITDA-374.36M
Profit Margin-97.94%
Operating Margin-74.00%
Return on Equity-128.72%
Return on Assets-46.17%
Shares Outstanding79.91M
Shares Float35.32M
Beta0.94
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Feb 3, 20261:10