Added to YB: 2026-01-07
Pitch date: 2026-01-01
ITECH.ST [neutral]
I-Tech AB
+40.35%
current return
Author Info
No bio for this author
Company Info
I-Tech AB provides antifouling coating products in Sweden. It offers Selektope, an antifouling solution, which operates by selectively stimulating octopamine receptors in barnacle larvae, triggering a temporary swimming behavior that causes the larva to detach from the treated surface without being harmed.
Market Cap
SEK 825.4M
Pitch Price
SEK 51.59
Price Target
N/A
Dividend
1.82%
EV/EBITDA
10.99
P/E
17.08
EV/Sales
3.46
Sector
Chemicals
Category
value
1/365 I-Tech $ITECH
ITECH.ST (overview): Develops patented Selektope antifouling substance for ship paints, reducing fuel consumption & emissions. 2024: ~SEK 180M revenue, 25% margins. Strong tech moat but dependent on few paint manufacturers. Growth normalizing after strong 2023-24, causing volatility. Asian expansion opportunity. Small, profitable niche player with long-term potential at current levels.
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