Polight ASA
ISIN: NO0012535832 | Ticker: PLT | LEI: 2138007ZPDNUIHX6Z659
Country: Norway
poLight ASA was founded in 2005 and is a publicly-traded company (OSE: PLT) that offers a patented, proprietary tunable optics technology, starting with its first product TLens®, which replicates “the human eye” experience in autofocus cameras in devices such as smartphones, augmented reality glasses, smartwatches, barcode scanners, machine vision systems and medical devices. poLight’s TLens® enables better system performance and new user experiences due to differentiated advantages such as fastest focus, smallest size, ultra-low power consumption, no magnetic interference, no gravity sensitivity, and constant field of view.
poLight® has built a world-class team with expertise in optics, polymers, MEMS technology, imaging applications and camera systems. This team is establishing poLight® as the world leader in tunable optics. poLight® is a fabless company using MEMS foundry, assembly, and packaging services from well-established suppliers.
2005
Served areaWorldwide
HeadquartersInnlaget 230, 3185 Skoppum – Norway
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 141,761,000.00 | 238,691,000.00 | 178,242,000.00 |
| Noncurrent Assets | N/A | 45,448,000.00 | 40,511,000.00 | 39,474,000.00 |
| Property Plant And Equipment | N/A | 839,000.00 | 2,356,000.00 | 10,748,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 43,646,000.00 | 33,377,000.00 | 24,855,000.00 |
| Current Assets | N/A | 96,312,000.00 | 198,180,000.00 | 138,769,000.00 |
| Inventories | N/A | 9,166,000.00 | 16,836,000.00 | 45,577,000.00 |
| Trade And Other Current Receivables | N/A | 6,040,000.00 | 22,078,000.00 | 8,386,000.00 |
| Current Prepayments | N/A | 3,897,000.00 | 1,456,000.00 | 557,000.00 |
| Cash and cash equivalents | 73,463,000.00 | 77,209,000.00 | 157,810,000.00 | 84,249,000.00 |
| Equity And Liabilities | N/A | 141,761,000.00 | 238,691,000.00 | 178,242,000.00 |
| Equity | 128,378,000.00 | 128,840,000.00 | 213,409,000.00 | 150,692,000.00 |
| Issued Capital | N/A | 1,810,000.00 | 2,077,000.00 | 2,078,000.00 |
| Retained Earnings | N/A | -554,238,000.00 | 977,000.00 | 1,699,000.00 |
| Share Premium | N/A | 680,229,000.00 | 209,320,000.00 | 145,785,000.00 |
| Other Reserves | N/A | 1,040,000.00 | 1,035,000.00 | 1,130,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 128,840,000.00 | 213,409,000.00 | N/A |
| Noncontrolling Interests | N/A | 0.00 | 0.00 | N/A |
| Liabilities | N/A | 12,921,000.00 | 25,282,000.00 | 27,550,000.00 |
| Noncurrent Liabilities | N/A | 0.00 | 3,934,000.00 | 2,970,000.00 |
| Current Liabilities | N/A | 12,921,000.00 | 21,349,000.00 | 24,581,000.00 |
| Current Provisions | N/A | 1,189,000.00 | 500,000.00 | 1,000,000.00 |
| Trade And Other Current Payables | N/A | 10,684,000.00 | 19,906,000.00 | 22,480,000.00 |
| Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 3,019,000.00 | 10,032,000.00 | 13,363,000.00 |
| Revenue From Sale Of Goods | 2,590,000.00 | 8,683,000.00 | 10,034,000.00 |
| Revenue From Rendering Of Services | 429,000.00 | 1,350,000.00 | 3,328,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 12,132,000.00 | 11,923,000.00 | 10,400,000.00 |
| Profit Loss From Operating Activities | -51,369,000.00 | -54,332,000.00 | -69,140,000.00 |
| Finance Income | 1,356,000.00 | 1,830,000.00 | 3,640,000.00 |
| Finance Costs | 938,000.00 | 887,000.00 | 2,145,000.00 |
| Profit Loss Before Tax | -50,952,000.00 | -53,388,000.00 | -67,644,000.00 |
| Income Tax Expense Continuing Operations | 203,000.00 | 93,000.00 | 242,000.00 |
| Profit (loss) | -51,155,000.00 | -53,481,000.00 | -67,886,000.00 |
| Profit Loss Attributable To Owners Of Parent | -51,155,000.00 | -53,481,000.00 | -67,886,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 0.00 | 0.00 |
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -51,155,000.00 | -53,481,000.00 | -67,886,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -1,439,000.00 | -7,669,000.00 | -28,741,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 221,000.00 | 21,000.00 | 143,000.00 |
| Adjustments For Sharebased Payments | N/A | 3,672,000.00 | 4,385,000.00 | 4,821,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | -610,000.00 | 937,000.00 | -430,000.00 |
| Interest Paid Classified As Operating Activities | N/A | -68,000.00 | 203,000.00 | 330,000.00 |
| Interest Received Classified As Operating Activities | N/A | 851,000.00 | 585,000.00 | 2,255,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 196,000.00 | 129,000.00 | 242,000.00 |
| Cash Flows From Used In Operating Activities | N/A | -42,633,000.00 | -49,546,000.00 | -63,600,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 226,000.00 | 2,142,000.00 | 9,202,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -226,000.00 | -2,142,000.00 | -9,202,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,119,000.00 | 1,355,000.00 | 964,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 46,614,000.00 | 132,315,000.00 | -710,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 3,755,000.00 | 80,627,000.00 | -73,513,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -9,000.00 | -26,000.00 | -49,000.00 |
| Cash and cash equivalents | 73,463,000.00 | 77,209,000.00 | 157,810,000.00 | 84,249,000.00 |
Please note that some sums might not add up.
NO0012535832
LEI2138007ZPDNUIHX6Z659
SectorTechnology Hardware & Equipment
IndustryTechnology Hardware, Storage Peripherals
Sub-IndustryTechnology Hardware, Storage & Peripherals
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