Odico (One-pager): Robotics for the construction and wind industry
Today, we have released an updated version of our investment case one-pager on Odico, which is closing this year’s accounting period 2022/2023 by the end of June. After the guidance downgrade in March 2023, the company now expects revenue between DKK 15-20m and EBITDA between DKK -15m and DKK -10m in 2022/2023.
Odico is a robotics company for the construction industry and recently also the wind industry. The company has two coherent business areas: Digital Fabrication and Robot Solutions based on standard robots, self-developed and innovative hardware, and software technology. Since its foundation in 2012, Odico has completed +350 customer projects. Today, the company is a part of the robotics cluster in Odense, Denmark, where Odico also is headquartered.
The investment case one-pager provides insights into key investment reasons and risks, as well as perspectives on valuation based on selected Nordic automation and robotics companies.
Disclaimer: HC Andersen Capital receives payment from Odico for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 11:30, 23 June 2023.
Odico er en dansk-baseret virksomhed, der leverer robotteknologi til byggebranchen. Det er en branche, der er præget af lavt brug af teknologi og derfor også har oplevet meget lave produktivitetsgevinster historisk. Odicos løsninger er baseret på standardrobotter kombineret med proprietær hardware og software. Virksomheden driver to forretningsområder. Det ene er Digital Fabrikation, hvor virksomheden på individuelle ordrer leverer løsninger som støbeforme til byggebranchen. Den anden er Robotløsninger som bringer robotløsningerne direkte til byggepladsen. Udover produktivitetsforbedringer er Odicos teknologi også rettet mod at hjælpe byggeindustrien med at reducere deres CO2 emissioner.
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