AS Airobot Technologies
Airobot Technologies is an air technology company specializing in software and air analytics. Company develops and manufactures indoor climate solutions. The main products are innovative ventilation units with demand-driven control algorithm, which create healthy indoor climate and make the air visible. The devices are developed, designed and manufactured in Estonia (NASDAQ).
Company is an intelligent heat recovery ventilation unit for maintaining the perfect home climate. Airobot senses air temperature, CO2, and humidity levels and adjusts output autonomously (AIR).
Finance
Airobot Technologies AS, a company that specializes in air technology solutions. Here’s an overview of their recent operations and results:
- Turnover and Profit/Loss:
- In the second half of 2022, Airobot achieved a turnover of EUR 639,172, which is nearly 2.9 times higher compared to the second half of 2021. However, the total loss during the same period was EUR 154,266 (including prepayments of EUR 17,301).
- The total turnover for 2022 was EUR 1,002,360, which is 2.1 times higher than the total turnover in 2021. Unfortunately, the company incurred a loss of EUR 388,248 in 2022.
- Notably, the loss in 2022 was primarily due to one-time costs related to going public, increased input prices due to geopolitical factors (Russian-Ukrainian war), and intensive investment in product development. Excluding these one-time costs, Airobot could already be profitable.
AS Airobot Technologies stocks
The company’s shares are listed on the NASDAQ Baltic First North market. The ticker is AIR.
The company has not paid any dividends until now.
TA consensus: