Atea ASA Q3 FY19

Atea ASA Q3 FY19

Note: All values reported in NOK

Market Info

Reported 10/18/19 pre-market

10/18/19 price change: +1.47%

Ticker: ATEA-NO

Shares Outstanding: 111.24M

Market Cap: 13.593B

Income Statement

  • Q3 Revenue up 30% YoY from 7.098B to 7.829B
    • Hardware Revenue up 78% from 4.357B to 4.522B
    • Software Revenue up 36.64% from 1.291B to 1.764B
    • Services Revenue up 6.31% from 1.449B to 1.540B
  • Gross Profit up 40% YoY from 1.682B to 1.756B
    • Gross Profit Margin down 127bp from 70% to 22.43%
  • Operating Income up 12% YoY from 132M to 181M
  • Net Income up 74% YoY from 92M to 135M
  • Fully-diluted Q3 EPS up 43% YoY from 0.84 to 1.23

Balance Sheet

  • Cash 706M
  • Debt 536M
Atea ASA
Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18
Valuation Ratios
Price / Earnings 26.63 29.52 25.67 26.94 22.49 24.33
Price / Book Value 4.28 4.27 3.73 5.06 4.14 4.08
Dividend Yield (%) 5.86 4.92 5.54 5.11
Enterprise Value / EBITDA 12.1 13.81 13.17 13.13 11.2 10.75
Enterprise Value / Sales 0.39 0.43 0.4 0.47 0.42 0.41

Source: Factset