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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.SEK167.9m
Last closeSEK8.75
High / Low (52 weeks)SEK26.7 / SEK5.3
Stock market listingOMX
Forecast net debt (SEKm)7.2
Forecast gearing ratio (%)89
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual43.7(16.7)(67.2)
Relative *39.6(18)(69)

* % Relative to local index

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Company news

Y/E Dec Revenue (SEKm) EBITDA (SEKm) PBT (SEKm) EPS (öre) P/E (x) P/CF (x)
2016A 2.7 (25.0) (37.6) (333.71) N/A N/A
2017A 5.6 (57.1) (58.7) (286.35) N/A N/A
2018E 21.7 (68.2) (72.2) (300.55) N/A N/A
2019E 74.8 (32.1) (37.9) (157.69) N/A N/A

Last updated on 26/07/2018

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, machine-to-machine communications and trading surplus mobile data capacity. The company has attracted a number of leading global firms to its propositions and serves as a qualified design house for Qualcomm. Successful execution across any one of the company’s applications could drive strong growth, but as the company’s products are still very early stage, investment is high risk. Net cash was SEK45.9m at the end Q118.

Last updated on 27/07/2018

Industry outlook

TerraNet’s management has created a number of prospective and unique use cases for its technologies across a wide number of industries. TerraNet's Wi-Fi Aware and other wireless solutions also tap into rapidly growing demand for IoT and V2X communication solutions.

Last updated on 27/07/2018

Key management

Pär-Olof Johannesson , CEO

Company address

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