Cash flow Ensurge Micropower ASA

Equities

ENSU

NO0013186460

Semiconductors

Market Closed - Oslo Bors Other stock markets 15:45:00 10/02/2026 GMT			5-day change	1st Jan Change
0.7800 ^NOK	-1.52%		-3.70%	-8.56%

02-03	Ensurge Micropower Makes Executive, Structural Changes	MT
02-03	Shauna McIntyre assumes dual CEO, CFO role at Ensurge Micropower	RE

3b18c76ebdcc7.LBTta6rw_u7fWhK2wXo-3bEX814WgggIbL56WQotKnk.SWycNNi3qp2sO3jS8CtMj-4isTsv3XBnX_0xKTxDbhZkIoUu6bvM15sIfQ

Published financial data: ENSURGE MICROPOWER ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	492K	-	-	138K	61K
Other Revenues, Total	-	-	-	-	-
Total Revenues	492K	-	-	138K	61K
Gross Profit	492K	-	-	138K	61K
Selling General & Admin Expenses, Total	5.44M	12.24M	12.19M	6.12M	7.3M
Depreciation & Amortization - (IS)	22K	47K	402K	543K	590K
Other Operating Expenses	6.98M	7.29M	7.79M	7.14M	3.03M
Other Operating Expenses, Total	12.44M	19.58M	20.38M	13.8M	10.92M
Operating Income	-11.95M	-19.58M	-20.38M	-13.67M	-10.86M
Interest Expense, Total	-3.19M	-3.2M	-3.73M	-3.44M	-2.32M
Interest And Investment Income	27K	1K	49K	71K	151K
Net Interest Expenses	-3.16M	-3.2M	-3.68M	-3.37M	-2.17M
Currency Exchange Gains (Loss)	-	-	-609K	254K	-545K
Other Non Operating Income (Expenses)	-23.6M	-8.19M	1.3M	-124K	657K
EBT, Excl. Unusual Items	-38.7M	-30.96M	-23.37M	-16.9M	-12.92M
Gain (Loss) On Sale Of Assets	-89K	-	-	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	-38.79M	-30.96M	-23.37M	-16.9M	-12.92M
Income Tax Expense	-	32K	-	-	2K
Earnings From Continuing Operations	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Net Income to Company	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Net Income - (IS)	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Net Income to Common Incl Extra Items	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Net Income to Common Excl. Extra Items	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Per Share Items
Net EPS - Basic	-4.44	-1.02	-0.54	-0.07	-0.02
Basic EPS - Continuing Operations	-4.44	-1.02	-0.54	-0.07	-0.02
Basic Weighted Average Shares Outstanding	8.74M	30.41M	43.04M	226M	603M
Net EPS - Diluted	-4.5	-1.02	-0.55	-0.07	-0.02
Diluted EPS - Continuing Operations	-4.5	-1.02	-0.55	-0.07	-0.02
Diluted Weighted Average Shares Outstanding	8.74M	30.41M	43.04M	226M	603M
Normalized Basic EPS	-2.77	-0.64	-0.34	-0.05	-0.01
Normalized Diluted EPS	-2.77	-0.64	-0.34	-0.05	-0.01
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	-11.93M	-19.53M	-19.98M	-13.12M	-10.27M
EBITA	-11.95M	-19.58M	-20.38M	-13.67M	-10.86M
EBIT	-11.95M	-19.58M	-20.38M	-13.67M	-10.86M
EBITDAR	-12.04M	-	-	-	-
Total Revenues (As Reported)	513K	-	-	213K	61K
Effective Tax Rate - (Ratio)	-	-0.1	-	-	-0.02
Normalized Net Income	-24.19M	-19.35M	-14.61M	-10.56M	-8.08M
Interest on Long-Term Debt	26.37M	12.04M	4.34M	744K	654K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	2.98M	3.03M	2.15M	-
Net Rental Expense, Total	-109K	-	-	-	-
Imputed Operating Lease Interest Expense	-104K	-	-	-	-
Imputed Operating Lease Depreciation	-5.36K	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	626K	4.93M	3.26M	827K	798K
Stock-Based Comp., Other (Total)	-	-	247K	-	-
Total Stock-Based Compensation	626K	4.93M	3.51M	827K	798K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.19M	5.25M	3.32M	2.18M	2.47M
Total Cash And Short Term Investments	4.19M	5.25M	3.32M	2.18M	2.47M
Accounts Receivable, Total	0	33K	24K	50K	20K
Other Receivables	1.14M	1.79M	844K	813K	767K
Total Receivables	1.14M	1.82M	868K	863K	787K
Inventory	0	-	-	-	-
Prepaid Expenses	0	0	-	-	-
Restricted Cash	1.6M	1.6M	1.65M	1.61M	1.61M
Other Current Assets, Total	5K	-	1K	-	-
Total Current Assets	6.93M	8.68M	5.83M	4.65M	4.87M
Gross Property Plant And Equipment	50.77M	52.61M	52.7M	52.93M	53.31M
Accumulated Depreciation	-50.55M	-50.58M	-50.53M	-51.07M	-51.66M
Net Property Plant And Equipment	226K	2.03M	2.17M	1.86M	1.65M
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	4.31M
Deferred Charges Long-Term	-	-	-	-	0
Other Long-Term Assets, Total	573K	573K	574K	574K	574K
Total Assets	7.73M	11.28M	8.58M	7.09M	11.4M
Liabilities
Accounts Payable, Total	937K	563K	857K	351K	1.51M
Accrued Expenses, Total	1.44M	2.32M	1.65M	1.35M	-
Short-term Borrowings	-	-	3.92M	1.41M	-
Current Portion of Long-Term Debt	3.24M	3.86M	748K	1.4M	1.86M
Current Portion of Leases	1.07M	1.28M	1.44M	1.61M	1.8M
Other Current Liabilities	26.02M	-	-	-	-
Total Current Liabilities	32.71M	8.01M	8.61M	6.12M	5.17M
Long-Term Debt	9.71M	5.85M	6.75M	5.42M	3.65M
Long-Term Leases	12.18M	10.9M	9.46M	7.85M	6.05M
Deferred Tax Liability Non Current	-	-	-	-	-
Total Liabilities	54.59M	24.76M	24.82M	19.39M	14.87M
Common Stock, Total	12.01M	21.73M	26.97M	27.19M	36.99M
Additional Paid In Capital	1.5M	22.65M	38.02M	374K	11.94M
Retained Earnings	-45.03M	-76.03M	-99.4M	-26.06M	-38.6M
Comprehensive Income and Other	-15.35M	18.17M	18.17M	-13.8M	-13.8M
Total Common Equity	-46.86M	-13.48M	-16.25M	-12.3M	-3.47M
Total Equity	-46.86M	-13.48M	-16.25M	-12.3M	-3.47M
Total Liabilities And Equity	7.73M	11.28M	8.58M	7.09M	11.4M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	23.14M	38.81M	48.85M	492M	700M
ECS Total Common Shares Outstanding	23.14M	38.81M	48.85M	492M	700M
Book Value / Share	-2.03	-0.35	-0.33	-0.02	-0
Tangible Book Value	-46.86M	-13.48M	-16.25M	-12.3M	-7.78M
Tangible Book Value Per Share	-2.03	-0.35	-0.33	-0.02	-0.01
Total Debt	26.2M	21.88M	22.31M	17.69M	13.36M
Net Debt	22.01M	16.63M	18.99M	15.51M	10.89M
Debt Equivalent Oper. Leases	-872K	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	638K	-	-	-	-
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Machinery, Total	50.77M	52.61M	52.7M	52.93M	53.31M
Full Time Employees	22	35	37	28	37
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	141K	141K	125K	121K	109K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-38.79M	-31M	-23.37M	-16.9M	-12.92M
Depreciation & Amortization - CF	23K	46K	402K	543K	590K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	23K	46K	402K	543K	590K
(Gain) Loss From Sale Of Asset	-50K	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	626K	4.93M	3.51M	816K	798K
Other Operating Activities, Total	26.8M	11.42M	2.99M	3.24M	2.06M
Change in Other Net Operating Assets	-495K	50K	58K	-418K	-20K
Cash from Operations	-11.89M	-14.55M	-16.41M	-12.73M	-9.49M
Capital Expenditure	-248K	-1.84M	-557K	-247K	-276K
Sale of Property, Plant, and Equipment	-	-	22K	8K	-
Sale (Purchase) of Intangible assets	-	-	-	-	-4.31M
Other Investing Activities, Total	-62K	1K	49K	71K	150K
Cash from Investing	-310K	-1.84M	-486K	-168K	-4.44M
Long-Term Debt Issued, Total	-	-	4.77M	1.7M	-
Total Debt Issued	-	-	4.77M	1.7M	-
Long-Term Debt Repaid, Total	-960K	-4.52M	-4.54M	-2.12M	-3.01M
Total Debt Repaid	-960K	-4.52M	-4.54M	-2.12M	-3.01M
Issuance of Common Stock	13.26M	25.17M	17.1M	14.46M	19.38M
Other Financing Activities, Total	-3.18M	-3.2M	-2.32M	-2.32M	-2.15M
Cash from Financing	9.11M	17.45M	15.01M	11.72M	14.22M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-1K	-	1K	-
Net Change in Cash	-3.08M	1.06M	-1.89M	-1.17M	290K
Supplemental Items
Cash Interest Paid	3.18M	3.2M	2.32M	2.32M	2.15M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	16.52M	-37.3M	-11.15M	-10.33M	-11.56M
Unlevered Free Cash Flow	18.51M	-35.3M	-8.82M	-8.18M	-10.1M
Change In Net Working Capital	-25.58M	26.2M	-570K	766K	121K
Net Debt Issued / Repaid	-960K	-4.52M	233K	-416K	-3.01M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-74.82	-128.73	-134.44	-109.04	-73.4
Return on Total Capital	115.69	199.52	-176.09	-149.16	-88.82
Return On Equity %	116.63	102.72	157.22	118.45	163.9
Return on Common Equity	116.63	102.72	157.22	118.45	163.9
Margin Analysis
Gross Profit Margin %	100	-	-	100	100
SG&A Margin	1.11K	-	-	4.43K	11.96K
EBITDA Margin %	-2.42K	-	-	-9.51K	-16.83K
EBITA Margin %	-2.43K	-	-	-9.9K	-17.8K
EBIT Margin %	-2.43K	-	-	-9.9K	-17.8K
Income From Continuing Operations Margin %	-7.88K	-	-	-12.25K	-21.18K
Net Income Margin %	-7.88K	-	-	-12.25K	-21.18K
Net Avail. For Common Margin %	-7.88K	-	-	-12.25K	-21.18K
Normalized Net Income Margin	-4.92K	-	-	-7.66K	-13.24K
Levered Free Cash Flow Margin	3.36K	-	-	-7.49K	-18.95K
Unlevered Free Cash Flow Margin	3.76K	-	-	-5.93K	-16.56K
Asset Turnover
Asset Turnover	0.05	-	-	0.02	0.01
Fixed Assets Turnover	4.35	-	-	0.07	0.03
Receivables Turnover (Average Receivables)	1.06	-	-	3.73	1.74
Short Term Liquidity
Current Ratio	0.21	1.08	0.68	0.76	0.94
Quick Ratio	0.16	0.88	0.49	0.5	0.63
Operating Cash Flow to Current Liabilities	-0.36	-1.82	-1.91	-2.08	-1.84
Days Sales Outstanding (Average Receivables)	345.17	-	-	97.86	210
Long Term Solvency
Total Debt/Equity	-55.9	-162.33	-137.33	-143.82	-384.99
Total Debt / Total Capital	-126.76	260.43	367.91	328.19	135.09
LT Debt/Equity	-46.7	-124.26	-99.77	-107.89	-279.49
Long-Term Debt / Total Capital	-105.89	199.35	267.3	246.19	98.07
Total Liabilities / Total Assets	706.35	219.5	289.46	273.37	130.45
EBIT / Interest Expense	-3.75	-6.12	-5.47	-3.98	-4.67
EBITDA / Interest Expense	-3.74	-6.11	-5.36	-3.82	-4.42
(EBITDA - Capex) / Interest Expense	-3.82	-6.68	-5.51	-3.89	-4.54
Total Debt / EBITDA	-2.2	-1.12	-1.12	-1.35	-1.3
Net Debt / EBITDA	-1.85	-0.85	-0.95	-1.18	-1.06
Total Debt / (EBITDA - Capex)	-2.15	-1.02	-1.09	-1.32	-1.27
Net Debt / (EBITDA - Capex)	-1.81	-0.78	-0.92	-1.16	-1.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-29.81	-	-	-	-55.8
Gross Profit, 1 Yr. Growth %	-29.81	-	-	-	-55.8
EBITDA, 1 Yr. Growth %	-75.69	63.74	2.28	-34.31	-21.76
EBITA, 1 Yr. Growth %	-76.78	63.81	4.1	-32.94	-20.55
EBIT, 1 Yr. Growth %	-76.84	63.81	4.1	-32.94	-20.55
Earnings From Cont. Operations, 1 Yr. Growth %	-50.55	-20.1	-24.6	-27.66	-23.56
Net Income, 1 Yr. Growth %	-50.55	-20.1	-24.6	-27.66	-23.56
Normalized Net Income, 1 Yr. Growth %	-26.93	-20	-24.53	-27.66	-23.57
Diluted EPS Before Extra, 1 Yr. Growth %	-92.54	-77.35	-31.25	-86.25	-71.29
Accounts Receivable, 1 Yr. Growth %	-100	-	-29.41	108.33	-60
Inventory, 1 Yr. Growth %	-100	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-	799.56	6.74	-14.02	-11.64
Total Assets, 1 Yr. Growth %	-36.84	45.96	-17.34	-17.28	60.71
Tangible Book Value, 1 Yr. Growth %	138.38	-71.23	20.51	-24.31	-36.73
Common Equity, 1 Yr. Growth %	138.38	-71.23	20.51	-24.31	-71.77
Cash From Operations, 1 Yr. Growth %	-59.09	22.4	12.83	-22.46	-25.43
Capital Expenditures, 1 Yr. Growth %	-94.87	445.7	-69.71	-55.66	11.74
Levered Free Cash Flow, 1 Yr. Growth %	-158.69	-326.24	-70.14	-7.29	11.84
Unlevered Free Cash Flow, 1 Yr. Growth %	-168.06	-291.03	-75.04	-7.16	23.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-38.17	-	-	-	-
Gross Profit, 2 Yr. CAGR %	-38.17	-	-	-	-
EBITDA, 2 Yr. CAGR %	-52.25	-36.91	29.42	-18.03	-28.31
EBITA, 2 Yr. CAGR %	-53.85	-38.33	30.59	-16.45	-27.01
EBIT, 2 Yr. CAGR %	-53.91	-38.41	30.59	-16.45	-27.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-26.45	-37.14	-22.39	-26.15	-25.64
Net Income, 2 Yr. CAGR %	-26.45	-37.14	-22.39	-26.15	-25.64
Normalized Net Income, 2 Yr. CAGR %	-17.85	-23.54	-22.3	-26.11	-25.64
Diluted EPS Before Extra, 2 Yr. CAGR %	-71.42	-87	-65.04	-69.45	-80.13
Accounts Receivable, 2 Yr. CAGR %	-	-81.14	-	21.27	-8.71
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-91.72	-	209.8	-4.2	-12.83
Total Assets, 2 Yr. CAGR %	-68.79	-3.99	5.33	-17.31	15.3
Tangible Book Value, 2 Yr. CAGR %	-10.58	-17.19	-41.12	-4.49	-30.8
Common Equity, 2 Yr. CAGR %	-11.41	-17.19	-41.12	-4.49	-53.78
Cash From Operations, 2 Yr. CAGR %	-52.38	-29.24	17.51	-6.47	-23.96
Capital Expenditures, 2 Yr. CAGR %	-84.99	-38.3	28.56	-63.35	-29.61
Levered Free Cash Flow, 2 Yr. CAGR %	-33.01	15.11	-17.77	-47.38	1.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	-28.45	13.92	-30.92	-51.87	7.05
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-45.14	-	-	-34.54	-
Gross Profit, 3 Yr. CAGR %	-45.14	-	-	-34.54	-
EBITDA, 3 Yr. CAGR %	-39.61	-27.99	-25.88	3.24	-19.29
EBITA, 3 Yr. CAGR %	-40.91	-29.6	-26.57	4.57	-17.84
EBIT, 3 Yr. CAGR %	-40.98	-29.66	-26.63	4.57	-17.84
Earnings From Cont. Operations, 3 Yr. CAGR %	-13.33	-24.4	-33.21	-24.19	-25.3
Net Income, 3 Yr. CAGR %	-13.33	-24.4	-33.21	-24.19	-25.3
Normalized Net Income, 3 Yr. CAGR %	-12.49	-18.57	-23.87	-24.13	-25.27
Diluted EPS Before Extra, 3 Yr. CAGR %	-58.51	-73.55	-79.11	-74.49	-70.07
Accounts Receivable, 3 Yr. CAGR %	-	-67.29	-70.43	-	-16.21
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-80.83	-60.47	-	102.08	-6.74
Total Assets, 3 Yr. CAGR %	-62.73	-47.81	-11.18	-2.82	3.19
Tangible Book Value, 3 Yr. CAGR %	-28.56	-38.73	-6.16	-35.98	-16.74
Common Equity, 3 Yr. CAGR %	-28.81	-39.11	-6.16	-35.98	-36.38
Cash From Operations, 3 Yr. CAGR %	-38.98	-34.77	-17.33	2.3	-13.27
Capital Expenditures, 3 Yr. CAGR %	-79.16	-44.93	-51.33	-9.84	-46.86
Levered Free Cash Flow, 3 Yr. CAGR %	-38.4	0.44	-26.57	-14.42	-32.35
Unlevered Free Cash Flow, 3 Yr. CAGR %	-35.88	-0.8	-31.3	-23.77	-34.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-34.25	-	-	-36.02	-38.63
Gross Profit, 5 Yr. CAGR %	-34.25	-	-	-36.02	-38.63
EBITDA, 5 Yr. CAGR %	-16.98	-12.59	-18.08	-24.16	-26.86
EBITA, 5 Yr. CAGR %	-17.66	-13.8	-18.85	-24.61	-26.75
EBIT, 5 Yr. CAGR %	-17.77	-13.89	-18.91	-24.65	-26.78
Earnings From Cont. Operations, 5 Yr. CAGR %	5.72	-6.98	-17.07	-25.1	-30.28
Net Income, 5 Yr. CAGR %	5.72	-6.98	-17.07	-25.1	-30.28
Normalized Net Income, 5 Yr. CAGR %	5.67	-6.82	-16.55	-21.68	-24.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-38.01	-56.17	-61.26	-73.31	-79.58
Accounts Receivable, 5 Yr. CAGR %	-	-47.29	-58.41	-44.42	-53.58
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-50.74	-37.76	-41.65	-43.68	-
Total Assets, 5 Yr. CAGR %	-23.66	-35.89	-43.53	-38.31	-1.41
Tangible Book Value, 5 Yr. CAGR %	16.14	-30.1	-33.88	-26.82	-16.92
Common Equity, 5 Yr. CAGR %	13.72	-30.56	-34.02	-27.1	-29.31
Cash From Operations, 5 Yr. CAGR %	-14.51	-17.27	-20.69	-24.66	-20.05
Capital Expenditures, 5 Yr. CAGR %	-44.73	-16.25	-54.12	-53.21	-43.59
Levered Free Cash Flow, 5 Yr. CAGR %	-5.84	6.11	-30.88	-22.44	-16.31
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.67	4.95	-33.96	-25.7	-17.97