TerraNet (TERRNT)

Business description

TerraNet is an early commercialisation-stage software company with expertise in peer-to-peer communications. Its products encompass chip integration software, IoT, including connected cars and headsets, multimedia streaming, and GriDD, an innovative data capacity trading product.

Stock data

Market cap.SEK229.9m
Last closeSEK23.00
High / Low (52 weeks)SEK39.2 / SEK17.2
Stock market listingOMX
Forecast net cash (SEKm)59.5
Forecast gearing ratio (%)N/A
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual0.0(12.6)N/A
Relative *(3.8)(9.6)N/A

* % Relative to local index

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Company news

Nasdaq Stockholm Welcomes TerraNet to First North Premier

Tue, 30 May 2017 08:15:00 GMT

TERRANET HOLDING AB B (TE5) Dips -0.99% on Sep 16

Sat, 16 Sep 2017 16:52:30 GMT

Construtora Adolpho Lindenberg SA (CALI4) Is Yet to See Trading Action on Sep 16

Wed, 23 Aug 2017 12:00:00 GMT

Nordic Service Partners Holding AB (NSP-B) Is Yet to See Trading Action on Sep 3

Sun, 03 Sep 2017 09:22:30 GMT

Nordic Service Partners Holding AB (NSP-B) Is Yet to See Trading Action on Aug 28

Wed, 23 Aug 2017 09:45:00 GMT

Y/E Dec Revenue (SEKm) EBITDA (SEKm) PBT (SEKm) EPS (öre) P/E (x) P/CF (x)
2015A 0.4 (17.2) (18.0) (2.40) N/A N/A
2016A 2.7 (25.0) (37.6) (3.22) N/A N/A
2017E 16.1 (52.3) (59.4) (3.15) N/A N/A
2018E 55.2 (55.2) (63.0) (2.63) N/A N/A

Last updated on 05/09/2017

Latest research

Investment summary

TerraNet is a proximity networking software company with initiatives across a number of key applications including software for contextual awareness in mobile phones, connected car technology, audio headsets, internet of things (IoT), offline V2V communication, multimedia video streaming, mHealth and trading surplus mobile data capacity (GriDD). The company has attracted a number of leading global firms to its propositions including Qualcomm, Autoliv, 3M Peltor, Saab, IBM and Orange. Successful execution across any one of these applications should drive strong growth, but as the company’s products are still very early stage, investment is high risk. Net cash was SEK88.9m at the end of June.

Last updated on 06/09/2017

Industry outlook

TerraNet management has created a number of imaginative and unique use cases for its technologies. The company is likely to benefit from expected strong growth in demand for proximal connectivity services in China. TerraNet's Wi-Fi Aware and other wireless solutions also tap into fast-growing demand for IoT and V2V communication solutions, as well as the rapidly developing area of mHealth. Other unique propositions such as GriDD are backed by market research and present mobile operators with product differentiation potential for budget-oriented customers.

Last updated on 06/09/2017

Key management

Pär-Olof Johannesson , CEO

Company address

IDEON Science Park, Beta 6
Lund
223 70
Sweden
+46 46 286 34 90
View website