Windar Photonics (WPHO) AI Stock Analysis

• Market Cap: £55.41M
• Dividend Yield: N/A
• Average Volume (3M): 94.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: -14.81%
• EPS Growth: -1362.50%
• Country: UK
• Employees: 29
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): N/A
• Shares Outstanding: 96,367,830
• 10 Day Avg. Volume: 137,233
• 30 Day Avg. Volume: 94,163
• PEG Ratio: -0.20
• Price to Book (P/B): 5.27
• Price to Sales (P/S): 12.65
• P/FCF Ratio: -14.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: 56.00p ▼(-2.61% Downside)

Windar Photonics' overall stock score is primarily impacted by its financial performance and valuation challenges. The company's operational inefficiencies and reliance on debt financing are significant concerns. Technical analysis provides mixed signals, with no clear momentum direction. The lack of earnings call data and corporate events limits additional insights.

Windar Photonics Business Overview & Revenue Model

Company Description

Windar Photonics (WPHO) is a technology company specializing in the development and production of advanced lidar systems for the wind energy sector. The company focuses on providing innovative solutions to optimize the performance and efficiency of wind turbine operations. Key products include wind lidar systems that offer accurate measurement of wind speed and direction, aiding in the siting and operation of wind farms. Windar Photonics aims to enhance the sustainability and profitability of renewable energy production through its cutting-edge technology.

How the Company Makes Money

Windar Photonics generates revenue primarily through the sale of its lidar systems and related services to wind farm developers and operators. The company offers a range of products that are designed to meet the specific needs of the wind energy market. Revenue streams include direct sales of lidar units, ongoing service contracts for maintenance and support, and potential software solutions that complement its hardware offerings. Additionally, partnerships with key players in the renewable energy sector and collaborations with research institutions help to expand its market reach and enhance product development, contributing to its overall earnings.

Windar Photonics Financial Statement Overview

Summary

Windar Photonics faces significant financial headwinds. Despite improvements in cash reserves and equity, operational inefficiencies and reliance on debt financing pose ongoing challenges. The company needs to focus on enhancing revenue growth and managing costs for future stability.

Income Statement

Windar Photonics has shown inconsistent revenue growth with a significant decline from 2023 to 2024. The company maintained a gross profit margin, but negative EBIT and net profit margins highlight ongoing operational inefficiencies and profitability challenges.

Balance Sheet

The balance sheet reflects a strong cash position and increased equity in 2024, indicating improved financial stability. However, the company has a high debt-to-equity ratio, suggesting reliance on debt financing, which could pose risks if not managed properly.

Cash Flow

Negative free cash flow and operating cash flow indicate liquidity challenges. Despite substantial financing cash inflows in 2024, the cash generated is not sufficient to cover operational needs, which is a concern for sustainable operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.98M	4.56M	4.77M	1.85M	551.53K	1.33M
Gross Profit	2.86M	2.57M	2.41M	946.61K	446.21K	701.37K
EBITDA	-942.25K	-707.76K	67.19K	-968.08K	-981.14K	-1.16M
Net Income	-1.34M	-906.19K	-182.52K	-1.08M	-1.13M	-1.34M
Balance Sheet
Total Assets	13.09M	15.64M	3.60M	4.29M	3.41M	3.44M
Cash, Cash Equivalents and Short-Term Investments	6.03M	7.07M	152.18K	1.40M	40.55K	626.36K
Total Debt	1.19M	1.43M	1.88M	1.85M	1.74M	1.74M
Total Liabilities	2.79M	4.69M	3.34M	3.95M	4.17M	3.00M
Stockholders Equity	10.31M	10.95M	264.92K	341.12K	-757.38K	441.38K
Cash Flow
Free Cash Flow	-2.09M	-3.99M	-1.13M	-470.99K	-1.05M	-1.04M
Operating Cash Flow	-1.62M	-3.14M	-380.18K	-363.54K	-394.10K	-1.04M
Investing Cash Flow	-889.56K	-820.62K	-582.97K	-283.98K	-243.91K	-299.10K
Financing Cash Flow	5.79M	10.89M	-288.35K	2.01M	28.83K	1.20M

Windar Photonics Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 57.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:WPHO, the sentiment is Neutral. The current price of 57.5 is above the 20-day moving average (MA) of 56.18, below the 50-day MA of 59.20, and above the 200-day MA of 52.22, indicating a neutral trend. The MACD of -0.28 indicates Negative momentum. The RSI at 48.87 is Neutral, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:WPHO.

Windar Photonics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KMK	75 Outperform	£44.55M	11.53	7.39%	―	36.61%	―
SDI	67 Neutral	£84.70M	21.26	8.38%	―	0.50%	-6.16%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
GHH	56 Neutral	£155.04M	28.39	4.79%	2.47%	1.74%	359.50%
SOLI	55 Neutral	£82.42M	161.11	0.81%	1.71%	-23.42%	-94.25%
XAR	51 Neutral	£99.67M	-8.91	-16.64%	―	-7.35%	-222.10%
WPHO	46 Neutral	£55.41M	-49.15	-17.36%	―	-14.81%	-1362.50%

Windar Photonics Corporate Events

Windar Photonics Sees Revenue Growth and Expands Market Reach in H1 2025

Windar Photonics reported an 18% increase in revenue for the first half of 2025, reaching €2.7 million, driven by expanding demand and strategic investments in marketing and manufacturing capacity. Despite facing currency headwinds and initial uncertainty due to North American import tariffs, the company secured significant contracts and expanded its market presence in North America and Asia. The company moved to a new manufacturing facility in Copenhagen, increasing production capacity fivefold, and is poised for further growth with a strong sales pipeline and the upcoming launch of the Nexus TPM module. Windar’s strategic focus on turbine optimization and monitoring solutions is expected to enhance its market position and drive long-term growth.

The most recent analyst rating on (GB:WPHO) stock is a Hold with a £53.00 price target. To see the full list of analyst forecasts on Windar Photonics stock, see the GB:WPHO Stock Forecast page.

Windar Photonics Strengthens Sales Team with Key Appointments

Windar Photonics has appointed Martin McLarnon as Vice President of Sales for the Americas, following Birol Yosul’s appointment as VP of Sales for Europe. These strategic hires are part of the company’s expansion efforts in key markets. McLarnon brings over 15 years of renewable energy experience, which is expected to bolster Windar’s growth in the American market. The company will showcase its solutions at the Husum Wind 2025 expo, highlighting its Nexus OS software and the upcoming Turbine Performance Monitoring module.

The most recent analyst rating on (GB:WPHO) stock is a Hold with a £53.00 price target. To see the full list of analyst forecasts on Windar Photonics stock, see the GB:WPHO Stock Forecast page.

Windar Photonics Strengthens European Sales Leadership

Windar Photonics has appointed Birol Yosul as Vice President of Sales for Europe, effective from September 1, 2025. With over 15 years of experience in the wind energy sector, Yosul’s appointment is part of Windar’s strategy to expand its market reach in Europe and strengthen its international presence, alongside a forthcoming appointment for the Americas.

Windar Photonics Secures US$2.6M Order for US Wind Farm Deployment

Windar Photonics has secured a significant US$2.6 million order from a US customer for a full wind farm deployment to retrofit Vestas V82 wind turbines in North America. This order underscores the growing demand for Windar’s technology, despite recent policy changes in North America, and highlights the company’s strong market positioning as its solutions are set to be deployed on over 25% of the Vestas V82 turbines in the region.

Windar Photonics PLC Successfully Passes All AGM Resolutions

Windar Photonics PLC announced that all seven resolutions proposed at their Annual General Meeting were passed, including the re-election of directors and the appointment of auditors. This successful AGM reflects strong shareholder support and positions the company to continue its strategic initiatives in the renewable energy sector.

Windar Photonics Eyes Growth with Strategic Expansions and Leadership Change

Windar Photonics PLC announced at its Annual General Meeting that it is in a strong position with a solid order book and plans for significant revenue growth in 2025. The company is expanding its production capacity in Denmark and aims to secure major contracts in North America and Asia. Despite challenges in China, Windar is optimistic about increased activity in the region. Additionally, Andy Richardson will step down as Non-Executive Director.