Added to YB: 2026-01-28
Pitch date: 2026-01-24
ITECH.ST [neutral]
I-Tech AB
+44.18%
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 50.21
Price Target
128.00 (+77%)
Dividend
1.82%
EV/EBITDA
10.99
P/E
17.08
EV/Sales
3.46
Sector
Chemicals
Category
growth
Deep Into the Ocean - I-Tech AB
ITECH.ST (watchlist): Swedish biotech makes Selektope, barnacle-repellent ship paint additive preventing 36% power increase from 10% fouling. 27% revenue growth, 56% gross margin, zero debt, 135M SEK cash. EU ban risk (2% revenue) vs Asia growth. Trading 51 SEK, analyst target 86 SEK, 94-128 bull case.
Read full article (37 min)