Added to YB: 2024-07-10
Pitch date: 2024-07-09
KLIMAT.ST [bullish]
Klimator AB (publ)
+104.17%
current return
Author Info
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Company Info
Klimator AB (publ) develops and sells software and sensor solutions for road weather information solutions to the winter maintenance and automotive markets in Sweden and internationally.
Market Cap
SEK 130.1M
Pitch Price
SEK 1.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
-147.63
P/E
-49.94
EV/Sales
3.74
Sector
Software
Category
growth
Klimator AB
KLIMAT.ST: Niche road weather software co w/ IoT sensors for winter maintenance & automotive sectors. ARR growing 50% YoY to SEK 8.5M, 77% gross margin, nearing breakeven after cost cuts. RSI software saves municipalities 20% on salt usage via 30-yr algorithm & sensor data. AHEAD tech (patented) enables autonomous driving safety, first commercial deal w/ Bosch. Largest customer Mesta (50% Norway market share) ordering SEK 1.5M. Trading 4.4x EV/ARR vs peers 20x+. Founders own 30%, diluted from 63% due to capital raises. Risks: still loss-making, failed 2027 targets (SEK 160M sales), tiny SEK 8M market cap.
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