A
3.71
-0.27%
Close of 9 Nov 2026, in NOK
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$41.6m
FY2016FY2025
Net income
−$11.2m
FY2016FY2025
Free cash flow
$17.2m
FY2016FY2025
Shareholders' equity
$126.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.6m | $67.6m | $80.7m | $51.5m | $59.6m | $35.6m | $37.1m | $40.0m | $20.4m | $34.8m |
| Operating income | $1.0m | $36.9m | $56.0m | $18.4m | $30.7m | $6.2m | $522,000 | $5.4m | −$10.6m | $357,000 |
| Net income | −$11.2m | $17.1m | $38.3m | $5.8m | $21.1m | −$7.9m | −$8.3m | −$11.4m | −$31.8m | −$22.8m |
| Diluted earnings per share | -0.08 | 0.13 | 0.29 | 0.04 | 0.16 | -0.06 | -0.06 | -0.73 | -0.21 | -2.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $311.6m | $335.2m | $349.9m | $348.1m | $356.7m | $352.6m | $377.4m | $393.6m | $399.6m | $408.4m |
| Cash and short-term investments | $14.8m | $23.5m | $27.1m | $26.1m | $23.6m | $12.6m | $23.5m | $22.5m | $29.0m | $30.0m |
| Total liabilities | $185.5m | $198.0m | $205.2m | $221.7m | $236.2m | $253.2m | $270.0m | $278.0m | $272.6m | $275.6m |
| Debt | $165.8m | $177.8m | $170.8m | $188.8m | $206.9m | $225.0m | — | — | $530.5m | $531.8m |
| Shareholders' equity | $126.1m | $137.3m | $144.7m | $126.4m | $120.6m | $99.5m | $107.3m | $115.6m | $127.0m | $132.8m |
| Shares outstanding | 133m | 133m | 133m | 133m | 133m | 133m | 133m | 16m | 151m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $17.2m | $44.5m | $70.4m | $34.5m | $40.5m | $17.2m | $29.2m | $26.5m | $2.1m | $19.6m |
| Capital spending | — | −$388,000 | −$13.1m | −$2.8m | −$1.0m | −$682,000 | −$969,000 | −$11.2m | −$2.3m | −$99,000 |
| Free cash flow | $17.2m | $44.1m | $57.3m | $31.7m | $39.4m | $16.5m | $28.2m | $15.3m | −$193,000 | $19.6m |
| Dividends paid | — | −$24.6m | −$20.0m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.3m | $8.2m | $10.6m | $12.4m | $9.1m | $10.2m | $10.6m | $12.0m |
| Operating income | −$3.2m | −$3.1m | $4.9m | $2.6m | $191,000 | −$69,000 | $4.9m | $3.4m |
| Net income | −$6.4m | −$6.4m | $1.5m | −$333,000 | −$3.1m | −$3.3m | $1.5m | −$272,000 |
| Diluted earnings per share | -0.05 | -0.05 | 0.01 | -0.00 | -0.02 | -0.02 | 0.01 | -0.00 |
| Cash from operations | $1.0m | $6.0m | $17.0m | $15.0m | $10.0m | $6.0m | $44.0m | $39.0m |
| Total assets | $317.9m | $296.5m | $311.6m | $318.0m | $322.9m | $329.6m | $335.2m | $339.0m |
| Cash and short-term investments | — | — | $14.8m | $19.5m | $20.6m | $22.9m | $23.5m | $25.7m |
| Debt | — | — | $165.8m | $168.2m | $171.4m | $174.6m | $177.8m | $181.0m |
| Shareholders' equity | $141.3m | $119.7m | $126.1m | $130.5m | $130.9m | $134.0m | $137.3m | $135.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.9% | 3.1% | 1.1% |
| Operating income | -62.1% | -30.7% | — |
| Net income | — | 7.3% | -11.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 34.8% | 46.5% | 44.3% | 28.5% |
| Net margin | 5.4% | 20.7% | 18.8% | -9.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.1 | 3.4 | 3.0 | 18.5 | 4.1 | -2.6 | -5.1 | -0.7 | -2.4 | -0.2 |
| Price to sales | 1.1 | 0.8 | 1.4 | 2.1 | 1.4 | 0.6 | 1.1 | 0.2 | 3.7 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 2 Sept 2024.
| FY2024 | FY2023 | |
|---|---|---|
| Paid in the year | 0.02 | 0.016 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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