OptiCept Q2'24: Gearing up for larger deliveries
During the first half of the year, OptiCept has made significant progress towards reaching broader commercialization. Among other things, OptiCept has secured its first large-scale order (60 MSEK) from its partner FPS. The company is also making progress in building a partnership for its new product, OptiBoost Inside, and has announced orders within OliveCept totaling around 7 MSEK, despite a challenging olive oil season. However, given the uncertainty regarding whether the company will continue to receive larger orders on a regular basis and what profitability the company could capture, we believe that the stock is already sufficiently priced in for high revenue growth (2025e EV/S: 3.5x).
OptiCept Technologies
OptiCept Technologies is a provider of the food and plant industry with technological solutions that are used to increase the sustainability of various raw materials. The company works with biological processes that provide increased extraction from the raw material, extended shelf life reduced waste, and retained taste, aroma, color, the nutritional content of the end product. The company has a patented technology within PEF (pulsed electric field) and VI (Vacuum Infusion). The company sells its products on a global level and is headquartered in Lund.
Read more on company pageKey Estimate Figures30.08
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 9.1 | 38.2 | 89.0 |
growth-% | -12.90 % | 318.12 % | 132.75 % |
EBIT (adj.) | -73.6 | -41.3 | -17.9 |
EBIT-% (adj.) | -804.81 % | -107.93 % | -20.07 % |
EPS (adj.) | -2.00 | -0.91 | -0.38 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | - | - | - |
EV/EBITDA | - | - | 94.28 |