Financials LightAir AB

Equities

LAIR

SE0022239133

Environmental Services & Equipment

End-of-day quote NORDIC GROWTH MARKET 23:00:00 30/06/2024 BST 5-day change 1st Jan Change
5.7 SEK +10.68% Intraday chart for LightAir AB +11.76% -77.11%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 24.1 29.88 182.3 142.8 41.35 20.98
Enterprise Value (EV) 1 13.23 36.88 161.2 136.9 28.71 20.15
P/E ratio -3.25 x -10 x -13.7 x -6.4 x -0.82 x -1.25 x
Yield - - - - - -
Capitalization / Revenue 2.24 x 2.47 x 6.59 x 8.32 x 3.02 x 1.28 x
EV / Revenue 1.23 x 3.05 x 5.83 x 7.98 x 2.09 x 1.23 x
EV / EBITDA -1.7 x -3.12 x -25.7 x -9.18 x -1.42 x -1.53 x
EV / FCF -1.18 x -50.6 x -16.7 x -17.6 x -8.34 x -3.61 x
FCF Yield -85% -1.98% -5.99% -5.69% -12% -27.7%
Price to Book 1.43 x 1.06 x 3.55 x 3.32 x 2.28 x 1.68 x
Nbr of stocks (in thousands) 124 230 365 464 529 842
Reference price 2 195.0 130.0 500.0 308.0 78.20 24.90
Announcement Date 30/04/19 25/05/20 02/06/21 07/06/22 19/06/23 30/05/24
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 10.77 12.11 27.66 17.16 13.71 16.34
EBITDA 1 -7.804 -11.81 -6.281 -14.9 -20.22 -13.21
EBIT 1 -8.066 -12.06 -11.18 -18.12 -29.39 -16.47
Operating Margin -74.89% -99.58% -40.4% -105.59% -214.35% -100.81%
Earnings before Tax (EBT) 1 -8.117 -2.859 -11.86 -20.3 -49.82 -16.58
Net income 1 -8.117 -2.859 -11.86 -22.3 -51.82 -16.58
Net margin -75.36% -23.61% -42.87% -129.97% -377.94% -101.46%
EPS 2 -60.00 -13.00 -36.41 -48.10 -95.79 -20.00
Free Cash Flow 1 -11.25 -0.7291 -9.657 -7.792 -3.442 -5.578
FCF margin -104.46% -6.02% -34.91% -45.41% -25.1% -34.13%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 30/04/19 25/05/20 02/06/21 07/06/22 19/06/23 30/05/24
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 7 - - - -
Net Cash position 1 10.9 - 21.2 5.94 12.6 0.83
Leverage (Debt/EBITDA) - -0.5929 x - - - -
Free Cash Flow 1 -11.3 -0.73 -9.66 -7.79 -3.44 -5.58
ROE (net income / shareholders' equity) -41.5% -9.14% -23.7% -41.2% -144% -80.5%
ROA (Net income/ Total Assets) -16.9% -17.2% -11% -17.8% -38.1% -25.5%
Assets 1 48.08 16.58 107.9 125.1 136 65.09
Book Value Per Share 2 137.0 123.0 141.0 92.80 34.30 14.80
Cash Flow per Share 2 53.60 5.670 45.70 17.10 17.50 3.220
Capex - - 0.85 0.69 0.06 -
Capex / Sales - - 3.08% 4.01% 0.42% -
Announcement Date 30/04/19 25/05/20 02/06/21 07/06/22 19/06/23 30/05/24
1SEK in Million2SEK
Estimates
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