Picture of Strongpoint ASA logo

STRO — Strongpoint ASA News Story

0.000.00%
no flag iconLast trade - 00:00
TechnologyAdventurousMicro CapSuper Stock

Norway's StrongPoint Q4 revenue rises on by international market growth

Overview

Norway grocery retail tech firm's Q4 revenue rose slightly yr/yr

Company's EBITDA decreased significantly, driven by investments in UK & Ireland

Net profit after tax was negative in Q4

Outlook

StrongPoint plans for international growth and rejuvenation in Nordic and Baltic markets

Company sees opportunities in technology investments by retailers in the medium and long term

StrongPoint prioritizes growing recurring revenue from proprietary software for stability

Result Drivers

INTERNATIONAL GROWTH - Revenue growth driven by international markets like UK, Spain, and Baltics

HARDWARE INSTALLATION DECLINE - Revenue in Norway and Sweden fell due to fewer Electronic Shelf Labels installations

UK & IRELAND INVESTMENTS - Profitability impacted by investments in personnel and solutions in UK & Ireland

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueNOK 342 mln
Q4 Net Income-NOK 11 mln
Q4 Adjusted Free Cash FlowNOK 2 mln
Q4 EBIT-NOK 16 mln
Q4 EBITDA-NOK 5 mln
Analyst Coverage Wall Street's median 12-month price target for Strongpoint ASA is NOK19.00, about 76.7% above its February 11 closing price of NOK10.75 The stock recently traded at 88 times the next 12-month earnings vs. a P/E of 105 three months ago Press Release: ID:nObiCy8dda For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Strongpoint ASA

See all news