I came across this Swedish company when researching where to get products for locations requiring the highest security. The company has products that are bought by authorities and state actors, and their data security is top-notch. I haven’t seen similar products from other companies in the field, and the company seems very interesting, but I couldn’t find any investment analysis of its financial situation and outlook. So, it would be interesting to hear opinions on Advenica as an investment, if anyone has information about it.
At least the chairman of the board had sold all his shares at last week’s peak. I don’t know why the share price rose or why he sold at that point.
From Morningstar’s company fact sheet:
So, it has been burning capital at a fast pace with only moderate annual growth (15-20%). Is there a turnaround in sight or are we on the verge of some truly scalable growth? I haven’t researched the business model at all, but the numbers don’t immediately smell like growth or profitability potential. It’s interesting, though, that the gross margin is high, but then everything is squandered in the operating margin with interest.
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Here is a Swedish stock that has been forgotten without a tag, and as a result, has been left in oblivion in the Inderes threads for over five years. In the meantime, the share price has risen nicely. This cybersecurity-focused company surely cannot be this uninteresting. Below are some facts about the company.
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