Airthings ASA

Industrials US ARTGF

0.23USD
-(-%)

Last update at 2025-05-16T13:30:00Z

Day Range

0.230.23
LowHigh

52 Week Range

0.230.48
LowHigh

Fundamentals

  • Previous Close 0.23
  • Market Cap45.48M
  • Volume0
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-6.83600M
  • Revenue TTM38.51M
  • Revenue Per Share TTM0.20
  • Gross Profit TTM 20.96M
  • Diluted EPS TTM-0.02

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -13.69700M -9.31500M -6.90939M -1.49504M 0.47M
Minority interest - - - - -
Net income -10.56600M -7.26100M -4.70036M -1.04244M 0.47M
Selling general administrative 7.74M 6.12M - - -
Selling and marketing expenses 7.74M 6.12M - - -
Gross profit 20.96M 20.63M 16.79M 11.37M 7.74M
Reconciled depreciation 2.88M 1.33M 0.59M 0.08M 0.05M
Ebit -12.04500M -9.08300M -6.79178M -1.38578M 0.47M
Ebitda -9.16800M -7.74800M -6.20643M -1.30709M 0.51M
Depreciation and amortization 2.88M 1.33M 0.59M 0.08M 0.05M
Non operating income net other - - - - -
Operating income -14.66200M -9.37100M -6.35508M -1.40579M 0.39M
Other operating expenses 48.64M 43.04M 31.48M 17.22M 10.48M
Interest expense 0.21M 0.23M 0.12M 0.11M 0.00007M
Tax provision -3.13100M -2.05500M -2.20903M -0.45260M -0.00621M
Interest income 0.26M 0.10M 0.02M 0.04M 0.00850M
Net interest income 0.05M -0.16700M -0.09617M -0.08925M 0.07M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -3.13100M -2.05500M -2.20903M -0.45260M -0.00621M
Total revenue 35.42M 33.67M 25.13M 15.81M 10.88M
Total operating expenses 34.18M 30.00M 23.15M 12.77M 7.35M
Cost of revenue 14.46M 13.04M 8.33M 4.44M 3.13M
Total other income expense net 0.96M 0.06M -0.55431M -0.08925M 0.07M
Discontinued operations - - - - -
Net income from continuing ops -10.56600M -7.26000M -4.70036M -1.04244M 0.47M
Net income applicable to common shares -10.56600M -7.26100M -4.13100M -13.31200M 4.12M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 64.65M 63.74M 83.68M 86.49M 16.31M
Intangible assets 3.61M 2.46M 2.49M 0.78M 0.42M
Earning assets - - - - -
Other current assets 5.09M 0.00100M -0.00100M 0.00012M -0.00000M
Total liab 14.39M 12.81M 15.84M 9.20M 5.25M
Total stockholder equity 50.26M 50.93M 67.84M 77.29M 11.06M
Deferred long term liab - - - - -
Other current liab 5.48M 0.00200M 0.00100M 0.58M -0.00000M
Common stock 0.21M 0.19M 0.19M 0.20M 0.06M
Capital stock 0.21M 0.19M 0.19M 0.20M 0.06M
Retained earnings -31.69677M -25.24900M -14.68300M -7.42200M 0.60M
Other liab - 0.12M 1.09M 1.78M -0.00100M
Good will 2.78M 2.87M 3.21M 4.27M -
Other assets - 7.24M -0.00100M -0.00012M 0.00000M
Cash 13.53M 11.96M 40.85M 61.77M 5.56M
Cash and equivalents - - - - -
Total current liabilities 11.00M 10.14M 10.95M 7.76M 3.22M
Current deferred revenue 4.33M 5.35M 5.50M 2.49M 0.39M
Net debt -9.36600M -8.55600M -36.37300M -59.86712M -3.10420M
Short term debt 0.89M 0.85M 0.67M 1.90M 1.45M
Short long term debt - - 0.00000M 1.90M 1.45M
Short long term debt total 4.16M 3.40M 4.47M 1.90M 2.46M
Other stockholder equity 11.47M 50.74M 67.65M 77.09M 10.39M
Property plant equipment - 3.97M 5.05M 4.17M 2.30M
Total current assets 46.14M 47.20M 67.34M 76.64M 15.08M
Long term investments - - - - -
Net tangible assets - 45.60M 62.14M 71.00M 93.83M
Short term investments 1.02M - - - -
Net receivables 11.18M 16.53M 15.07M 10.18M 6.23M
Long term debt 1.38M - 0.00000M - 1.01M
Inventory 15.32M 18.71M 11.43M 4.70M 3.29M
Accounts payable 3.64M 3.94M 4.78M 2.79M 1.38M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -6.88254M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.14M 0.11M 1.06M -0.00023M 0.04M
Deferred long term asset charges - - - - -
Non current assets total 18.51M 16.54M 16.34M 9.85M 1.22M
Capital lease obligations 2.79M 3.40M 4.47M - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2.22800M -0.96800M -2.10512M -0.50220M -0.17629M
Change to liabilities -0.63300M 3.36M 2.19M -3.35300M 8.20M
Total cashflows from investing activities -2.22800M -0.96800M -1.91400M -4.42900M -1.53587M
Net borrowings -0.69800M -2.53700M -0.47900M 17.89M 17.89M
Total cash from financing activities -0.58600M -2.56000M 66.03M 8.54M -0.50200M
Change to operating activities -1.35400M -0.38000M 1.90M 5.73M -3.84452M
Net income -13.69700M -9.31500M -6.90939M -1.49504M 0.47M
Change in cash -28.90000M -20.76900M 57.16M 4.15M -2.69751M
Begin period cash flow 42.17M 62.94M 5.75M 1.41M 4.13M
End period cash flow 13.27M 42.17M 62.91M 5.56M 1.43M
Total cash from operating activities -22.16900M -15.87900M -6.76074M -3.88323M -2.01923M
Issuance of capital stock 0.31M 0.20M 66.22M 6.51M 0.01M
Depreciation 2.88M 1.33M 0.59M 0.08M 0.05M
Other cashflows from investing activities 0.26M 0.10M 0.01M -0.18200M 0.18M
Dividends paid - - - - -
Change to inventory -7.28400M -6.73600M -1.29627M -1.61481M -0.77263M
Change to account receivables -1.47600M -4.69700M -2.78300M -9.88900M -19.69277M
Sale purchase of stock - - - - -0.51509M
Other cashflows from financing activities -0.89800M -0.85700M 0.00012M 2.03M -0.17629M
Change to netincome -2.28900M -1.50000M -0.93500M 0.13M -0.05412M
Capital expenditures 2.49M 1.07M 0.74M 0.48M 0.20M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -10.74700M -8.45300M -0.98140M -2.46687M -2.53328M
Stock based compensation 0.36M 0.61M 0.55M - -
Other non cash items -0.05300M -0.05500M -0.00445M - -
Free cash flow -24.65500M -16.94800M -7.50212M -4.36482M -2.21634M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ARTGF
Airthings ASA
- -% 0.23 - - 1.18 1.00 0.97 -3.4604
ABLZF
ABB Ltd
0.49 0.87% 57.00 21.23 21.01 2.58 6.22 2.64 14.26
ABBNY
ABB Ltd
0.23 0.40% 57.04 20.83 20.28 2.54 6.00 2.64 14.26
MIELF
Mitsubishi Electric Corporation
1.94 10.39% 20.61 16.87 14.53 0.0059 1.21 0.0052 0.05
MIELY
Mitsubishi Electric Corp ADR
-0.33 0.82% 40.10 16.50 14.88 0.0058 1.23 0.0052 0.05

Reports Covered

Stock Research & News

Profile

Airthings ASA, a hardware-enabled software company, engages in the development of products and systems for monitoring indoor air quality, radon, and energy efficiency worldwide. It operates through Consumer, Business, and Professional segments. The Consumer segments sells air quality sensors to private customers through retail and e-commerce. Its Business segment provides air quality solutions to schools, office building, and other commercial buildings. The Professional segment sells measurement solutions, which enables inspectors and certified radon professionals to measure, analyze, and report on buildings; and offers rental of products and calibration services. In addition, it offers digital radon detectors as well as smart indoor air quality monitors and solutions. The company provides its products under the View Plus, Wave Plus, Wave Radon, Wave Mini, House Kit, Hub, Corentium Home, Plus, and Pro brands. Airthings ASA was incorporated in 2008 and is headquartered in Oslo, Norway.

Airthings ASA

Wergelandsveien 7, Oslo, Norway, 0167

Key Executives

Name Title Year Born
Mr. Oyvind Birkenes Chief Exec. Officer NA
Mr. Jeremy Gerst Chief Financial Officer NA
Ms. Audhild Andersen Randa Chief Operating Officer NA
Ms. Lauren Pedersen Chief Marketing Officer NA
Mr. Tore H. Rismyhr Sales Mang. & Employee Representative Board Member NA
Anita Overbekk Director of HR NA
Mr. Erlend Bolle Chief People Officer NA
Ms. Anlaug Underdal Staff Software Engineer & Frontend Developer and Employee Representative Board Member NA
Pal Berntsen Sr. VP of Airthings for Bus. NA
Torje Carlsson Sr. VP of Airthings for Consumer NA

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