Ovzon
ISIN: SE0010948711 | Ticker: OVZON | LEI: 549300U82F1HQRSTYZ66
Country: Sweden
To revolutionize mobile broadband via satellite providing global coverage with the highest bandwidth through the smallest terminals.
Ovzon offers world-leading mobile satellite communications solutions, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility. Ovzon’s SATCOM-as-a-Service meets the growing demand for global connectivity for customers with high performance and security requirements such as Defense, Emergency Services, NGOs, Media, and Commercial organizations.
Ovzon was founded in 2006 and has offices in Stockholm, Sweden, Herndon, VA, and Tampa, FL, in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap.
2006
Served areaEurope
HeadquartersAnderstorpsvägen 10, 17154 Solna – Sweden
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 02.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | 1,329,365,000.00 | N/A | 1,853,318,000.00 | N/A | 1,921,668,000.00 |
| Noncurrent Assets | N/A | 1,010,020,000.00 | N/A | 1,375,920,000.00 | N/A | 1,545,077,000.00 |
| Property Plant And Equipment | N/A | 989,246,000.00 | N/A | 1,351,956,000.00 | N/A | 1,485,455,000.00 |
| Construction In Progress | N/A | 977,196,000.00 | N/A | 1,317,280,000.00 | N/A | 1,435,047,000.00 |
| Other Property Plant And Equipment | N/A | 7,010,000.00 | N/A | 28,023,000.00 | N/A | 42,621,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 20,710,000.00 | N/A | 23,862,000.00 | N/A | 59,478,000.00 |
| Copyrights Patents And Other Industrial Property Rights Service And Operating Rights | N/A | 20,289,000.00 | N/A | 23,862,000.00 | N/A | 25,556,000.00 |
| Intangible Assets Under Development | N/A | 421,000.00 | N/A | 0.00 | N/A | 33,922,000.00 |
| Deferred Tax Assets | N/A | 64,000.00 | N/A | 102,000.00 | N/A | 144,000.00 |
| Current Assets | N/A | 319,345,000.00 | N/A | 477,398,000.00 | N/A | 376,591,000.00 |
| Inventories | N/A | 34,686,000.00 | N/A | 25,259,000.00 | N/A | 53,922,000.00 |
| Work In Progress | N/A | 34,686,000.00 | N/A | 25,259,000.00 | N/A | 53,922,000.00 |
| Trade And Other Current Receivables | N/A | 99,634,000.00 | N/A | 46,055,000.00 | N/A | 47,057,000.00 |
| Current Trade Receivables | N/A | 7,054,000.00 | N/A | 32,532,000.00 | N/A | 30,056,000.00 |
| Current Prepayments And Current Accrued Income Other Than Current Contract Assets | N/A | N/A | N/A | 6,537,000.00 | N/A | 11,897,000.00 |
| Other Current Receivables | N/A | 3,277,000.00 | N/A | 6,986,000.00 | N/A | 5,104,000.00 |
| Current Tax Assets Current | N/A | 1,673,000.00 | N/A | 0.00 | N/A | N/A |
| Cash and cash equivalents | 257,382,000.00 | 185,025,000.00 | 185,025,000.00 | 406,084,000.00 | 406,084,000.00 | 275,612,000.00 |
| Equity And Liabilities | N/A | 1,329,365,000.00 | N/A | 1,853,318,000.00 | N/A | 1,921,668,000.00 |
| Equity | 796,296,000.00 | 1,292,611,000.00 | N/A | 1,450,268,000.00 | N/A | 1,392,819,000.00 |
| Issued Capital | N/A | 4,624,000.00 | N/A | 5,127,000.00 | N/A | 5,127,000.00 |
| Retained Earnings | N/A | -288,578,000.00 | N/A | -372,331,000.00 | N/A | -408,359,000.00 |
| Other Reserves | N/A | N/A | N/A | 5,034,000.00 | N/A | -17,148,000.00 |
| Additional Paidin Capital | N/A | 1,560,446,000.00 | N/A | 1,812,438,000.00 | N/A | 1,813,199,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 1,292,611,000.00 | N/A | 1,450,268,000.00 | N/A | 1,392,819,000.00 |
| Noncurrent Liabilities | N/A | 5,343,000.00 | N/A | 323,668,000.00 | N/A | 479,447,000.00 |
| Other Noncurrent Liabilities | N/A | N/A | N/A | 7,139,000.00 | N/A | 8,377,000.00 |
| Longterm Borrowings | N/A | 0.00 | N/A | 316,529,000.00 | N/A | 469,670,000.00 |
| Current Liabilities | N/A | 31,411,000.00 | N/A | 79,382,000.00 | N/A | 49,402,000.00 |
| Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | N/A | 23,251,000.00 | N/A | 26,730,000.00 |
| Other Current Payables | N/A | 3,459,000.00 | N/A | 3,681,000.00 | N/A | 2,448,000.00 |
| Current Tax Liabilities Current | N/A | 0.00 | N/A | 231,000.00 | N/A | 281,000.00 |
| Line item in (sek) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2021/ 01.01.2023 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|---|
| Revenue From Rendering Of Internet And Data Services | 160,477,000.00 | 191,378,000.00 | N/A | 356,993,000.00 |
| Other Revenue | 2,676,000.00 | 0.00 | N/A | 14,054,000.00 |
| Other Work Performed By Entity And Capitalised | 9,972,000.00 | 10,535,000.00 | N/A | 13,152,000.00 |
| Raw Materials And Consumables Used | 108,986,000.00 | 177,313,000.00 | N/A | 245,451,000.00 |
| Employee Benefits Expense | 55,988,000.00 | 65,618,000.00 | N/A | 78,786,000.00 |
| Depreciation And Amortisation Expense | 6,370,000.00 | 9,895,000.00 | N/A | 23,380,000.00 |
| Other Expense By Nature | 48,368,000.00 | 58,868,000.00 | N/A | 105,260,000.00 |
| Profit Loss From Operating Activities | -48,284,000.00 | -113,383,000.00 | N/A | -81,064,000.00 |
| Finance Income | 45,000.00 | 29,865,000.00 | N/A | 45,786,000.00 |
| Finance Costs | 58,759,000.00 | 368,000.00 | N/A | 500,000.00 |
| Profit Loss Before Tax | -106,998,000.00 | -83,886,000.00 | N/A | -35,778,000.00 |
| Income Tax Expense Continuing Operations | -2,949,000.00 | -32,000.00 | N/A | 407,000.00 |
| Profit (loss) | -104,049,000.00 | -83,854,000.00 | -36,185,000.00 | -36,185,000.00 |
| Profit Loss Attributable To Owners Of Parent | -104,049,000.00 | -83,854,000.00 | N/A | -36,185,000.00 |
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2023 | 01.01.2022 | 02.01.2021 | 02.01.2022 |
|---|---|---|---|---|---|---|
| Profit (loss) | N/A | -104,049,000.00 | -36,185,000.00 | -83,854,000.00 | N/A | N/A |
| Adjustments For Reconcile Profit Loss | N/A | -53,630,000.00 | -52,512,000.00 | -94,015,000.00 | N/A | N/A |
| Adjustments For Decrease Increase In Inventories | N/A | -22,264,000.00 | -28,663,000.00 | 9,428,000.00 | N/A | N/A |
| Adjustments For Decrease Increase In Other Operating Receivables | N/A | -17,776,000.00 | -3,478,000.00 | -13,833,000.00 | N/A | N/A |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -52,104,000.00 | -32,276,000.00 | 31,672,000.00 | N/A | N/A |
| Adjustments For Increase Decrease In Other Operating Payables | N/A | -413,000.00 | 2,298,000.00 | 16,298,000.00 | N/A | N/A |
| Other Adjustments For Noncash Items | N/A | 5,957,000.00 | 26,240,000.00 | 9,895,000.00 | N/A | N/A |
| Adjustments For Reconcile Profit Loss | N/A | -53,630,000.00 | -52,512,000.00 | -94,015,000.00 | N/A | N/A |
| Cash Flows From Used In Operations | N/A | -100,077,000.00 | -59,643,000.00 | 18,087,000.00 | N/A | N/A |
| Interest Paid Classified As Operating Activities | N/A | 14,822,000.00 | 70,000.00 | 368,000.00 | N/A | N/A |
| Interest Received Classified As Operating Activities | N/A | 45,000.00 | 2,382,000.00 | 10,514,000.00 | N/A | N/A |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | -3,474,000.00 | 0.00 | 673,000.00 | N/A | N/A |
| Cash Flows From Used In Operating Activities | N/A | -153,707,000.00 | -112,155,000.00 | -75,928,000.00 | N/A | N/A |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 475,791,000.00 | 129,179,000.00 | 271,204,000.00 | N/A | N/A |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 21,388,000.00 | 33,922,000.00 | 2,610,000.00 | N/A | N/A |
| Proceeds From Other Longterm Assets Classified As Investing Activities | N/A | 1,052,000.00 | 12,455,000.00 | 0.00 | N/A | N/A |
| Cash Flows From Used In Investing Activities | N/A | -496,127,000.00 | -150,646,000.00 | -273,814,000.00 | N/A | N/A |
| Proceeds From Issuing Shares | N/A | 588,622,000.00 | 0.00 | 259,008,000.00 | N/A | N/A |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 0.00 | 102,194,000.00 | 307,475,000.00 | N/A | N/A |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,402,000.00 | 1,445,000.00 | 1,348,000.00 | N/A | N/A |
| Cash Flows From Used In Financing Activities | N/A | 581,792,000.00 | 101,510,000.00 | 558,622,000.00 | N/A | N/A |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 4,315,000.00 | 30,819,000.00 | 12,179,000.00 | N/A | N/A |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -68,042,000.00 | -161,291,000.00 | 208,880,000.00 | N/A | N/A |
| Cash and cash equivalents | 257,382,000.00 | 185,025,000.00 | 275,612,000.00 | 406,084,000.00 | 185,025,000.00 | 406,084,000.00 |
Please note that some sums might not add up.
| Date | Trading entity / Person | Association | Trade type | Volume |
|---|---|---|---|---|
| 09.01.24 | Per Norén | Other | Buy | SEK 282,524.71 |
| 12.12.23 | Patrik Tigerschiöld | Other | Other | SEK 1,081,201.50 |
| 05.12.23 | Thomas Hopkins | Other | Buy | SEK 327,841.20 |
| 19.05.23 | Pål Ekberg | Other | Buy | SEK 198,600.00 |
| 08.05.23 | Per Norén | Other | Buy | SEK 448,375.00 |
| 21.04.23 | Etheron AB | Other | Buy | SEK 3,790,000.00 |
| 06.03.23 | Nicklas Paulson | Other | Other | SEK 29,999,986.50 |
| 02.09.22 | Cecilia Driving | Other | Sell | SEK 45,000.00 |
| 02.09.22 | Cecilia Driving | Other | Buy | SEK 45,000.00 |
| 25.10.21 | Johan Brandt | Other | Buy | SEK 149,625.00 |
SE0010948711
LEI549300U82F1HQRSTYZ66
SectorWireless Telecommunication Services
Sub-IndustryWireless Telecommunication Services
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