Ovzon AB (OVZON) AI Stock Analysis

• Market Cap: €4.08B
• Dividend Yield: N/A
• Average Volume (3M): 426.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 54.73%
• EPS Growth: 11.77%
• Country: SE
• Employees: 38
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): 0.20
• Shares Outstanding: 111,530,520
• 10 Day Avg. Volume: 494,827
• 30 Day Avg. Volume: 426,856
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: kr34.00 ▼(-5.29% Downside)

Ovzon AB's overall stock score is primarily impacted by its strong revenue growth but significant profitability and cash flow challenges. The technical analysis indicates a bearish trend, and the valuation is unattractive due to negative earnings and lack of dividends.

Ovzon AB Business Overview & Revenue Model

Company Description

Ovzon AB (OVZON) is a Swedish satellite communication company that specializes in providing high-speed mobile broadband services primarily for the defense, maritime, and media sectors. The company leverages its proprietary satellite technology to deliver reliable connectivity solutions in remote and challenging environments, facilitating both voice and data communications. Ovzon's core offerings include satellite terminals and a cloud-based service platform that enhances user experience and operational efficiency.

How the Company Makes Money

Ovzon generates revenue primarily through the sale of satellite communication services and equipment. The company's revenue model is based on subscription fees for access to its satellite network, as well as one-time fees for the sale and leasing of satellite terminals. Key revenue streams include long-term contracts with government and defense agencies, partnerships with commercial enterprises in maritime and broadcasting sectors, and the provision of tailored communication solutions. Additionally, Ovzon may benefit from collaborations with other technology and communication companies that enhance its service offerings and expand its market reach.

Ovzon AB Financial Statement Overview

Summary

Ovzon AB shows moderate revenue growth and improving cash flow positions, indicating potential for future growth. However, significant challenges remain in achieving profitability, with negative EBIT and net profit margins. The balance sheet is solid with a strong equity position, but the debt-to-equity ratio is moderately high. Overall, the company needs to focus on improving profitability and managing debt levels.

Income Statement

Ovzon AB has shown moderate revenue growth with a TTM increase of 7.49% from the previous year. However, the company is struggling with profitability, as indicated by negative EBIT and Net Profit Margins, which have improved slightly but are still significant at -20.61% and -34.26% respectively for TTM. The EBITDA margin turned positive at 21.17% in TTM, suggesting better operational efficiency. Overall, the company needs to focus on improving its profitability to enhance its financial standing.

Balance Sheet

Ovzon AB's balance sheet shows a solid equity position with an equity ratio of 62.16% in TTM, indicating strong shareholder backing. The debt-to-equity ratio is moderately high at 0.43, which could pose a risk if earnings do not improve. ROE remains negative due to ongoing net losses, reflecting the company's struggles to translate equity into profit. The company should aim to manage its debt levels while working towards profitability.

Cash Flow

The company's cash flow position has improved with positive operating cash flow and a notable shift to positive free cash flow in TTM. The free cash flow to net income ratio is -0.20, indicating challenges in converting income to free cash flow, though it has improved from previous periods. The cash flow to net income ratio is -0.98, suggesting operational cash generation is not yet sufficient to cover net losses. Continued focus on cash flow management is crucial.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	458.00M	334.00M	290.00M	356.99M	191.38M	160.48M
Gross Profit	259.00M	162.00M	85.00M	124.69M	24.60M	61.46M
EBITDA	170.00M	7.00M	-37.00M	-11.90M	-74.07M	-87.67M
Net Income	-85.00M	-162.00M	-60.00M	-36.19M	-83.85M	-104.05M
Balance Sheet
Total Assets	2.77B	2.77B	2.54B	1.92B	1.85B	1.33B
Cash, Cash Equivalents and Short-Term Investments	74.00M	126.00M	247.00M	275.61M	406.08M	185.03M
Total Debt	663.00M	775.00M	657.00M	478.05M	323.67M	5.34M
Total Liabilities	1.11B	1.18B	765.00M	528.85M	403.05M	36.75M
Stockholders Equity	1.66B	1.59B	1.78B	1.39B	1.45B	1.29B
Cash Flow
Free Cash Flow	-27.00M	-108.00M	-689.00M	-275.26M	-349.74M	-650.89M
Operating Cash Flow	43.00M	51.00M	-14.00M	-112.16M	-75.93M	-153.71M
Investing Cash Flow	-71.00M	-158.00M	-668.00M	-150.65M	-273.81M	-496.13M
Financing Cash Flow	-31.00M	-17.00M	651.00M	101.51M	558.62M	581.79M

Ovzon AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 35.90
• 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 SE:OVZON, the sentiment is Neutral. The current price of 35.9 is above the 20-day moving average (MA) of 35.63, below the 50-day MA of 36.10, and above the 200-day MA of 32.09, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 49.92 is Neutral, neither overbought nor oversold. The STOCH value of 77.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:OVZON.

Ovzon AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEL2.B	―	kr104.09B	24.34	20.60%	4.17%	0.51%	14.15%
TELIA	―	$143.08B	34.33	10.93%	5.45%	-5.76%	-10.05%
BRE2	―	kr2.78B	25.00	―	5.17%	9.75%	12.84%
IVSO	―	€13.55B	53.02	21.88%	0.74%	5.69%	4.82%
Sector *	―	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SINCH	―	$27.98B	-4.34	-20.55%	―	-0.30%	-3365.84%
OVZON	―	€4.08B	-48.03	-4.90%	―	54.73%	11.77%

Ovzon AB Corporate Events

Ovzon AB Secures Refinancing with Danske Bank

Ovzon AB has successfully completed a refinancing agreement with Danske Bank, securing a term loan and a revolving credit facility, each worth 300 MSEK. This move is set to reduce interest expenses and support future growth, enhancing Ovzon’s financial stability and operational capacity in the competitive satellite communications market.

The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK36.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.

Ovzon AB Unveils Strategic Growth Plans at Capital Markets Day

Ovzon AB hosted a Capital Markets Day in Stockholm, where CEO Per Norén and the management team outlined the company’s strategic direction, emphasizing plans to scale satellite and terminal capabilities. The company announced a refinancing solution expected to cut annual interest expenses by 70 MSEK, enhancing financial stability and predictability. This move, coupled with a strong order book, positions Ovzon for profitable growth and increased relevance in its main markets.

The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK34.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.

Ovzon Appoints Jeanette Irekvist as New Chief Commercial Officer

Ovzon has appointed Jeanette Irekvist as the new Chief Commercial Officer, effective October 1, 2025. With over 20 years of experience in the communications industry, Irekvist is expected to drive Ovzon’s global growth and strengthen its market presence. Her leadership is anticipated to enhance Ovzon’s commercial execution and foster sustainable, long-term growth, benefiting stakeholders and positioning the company as a leader in global connectivity solutions.

The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK40.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.

Ovzon AB Secures Refinancing with Danske Bank

Ovzon AB has signed a facilities agreement with Danske Bank to refinance its existing loan, which will reduce interest expenses and support future growth. The agreement includes a 300 MSEK term loan and a 300 MSEK revolving credit facility, expected to reduce annual interest expenses by approximately 70 MSEK, enhancing Ovzon’s financial performance and market outlook.

The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK40.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.

Ovzon Reports Strong Growth and Strategic Orders in H1 2025

Ovzon AB reported strong growth and improved profitability in the first half of 2025, with revenue reaching 256 MSEK and EBITDA improving to 81 MSEK. Significant events include a 12-month renewal from a European customer and a 24-month order from the Swedish Defence Materiel Administration, indicating a positive impact on the company’s operations and market positioning.

Ovzon AB to Release Q2 2025 Results with Webcast Conference

Ovzon AB announced the release of its second quarter 2025 interim report, scheduled for August 15, 2025, at 08:00 CEST. A webcast telephone conference will follow at 10:00 CEST, where CEO Per Norén and CFO André Löfgren will present the report. The presentation will be available in English, with a live chat for questions in Swedish, and will be accessible on Ovzon’s website post-conference. This announcement reflects Ovzon’s commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and investor relations.

Ovzon AB Announces Capital Markets Day 2025

Ovzon AB is hosting a Capital Markets Day on September 4, 2025, in Stockholm, Sweden, aimed at investors, analysts, and media. The event will feature presentations from company executives, providing insights into Ovzon’s business model, technology platform, and market position in mobile satellite communications for critical missions. This event is significant for stakeholders as it highlights Ovzon’s recent progress and future priorities, reinforcing its position in the industry.