Added to YB: 2025-02-11
Pitch date: 2025-02-09
ITECH.ST [bullish]
I-Tech AB
-4.26%
current return
Author Info
Miroslav Stepanek is investing in small cap companies. Sign up for the newsletter.
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 75.62
Price Target
N/A
Dividend
1.82%
EV/EBITDA
10.99
P/E
17.08
EV/Sales
3.46
Sector
Chemicals
Category
growth
I-Tech - Swedish fast-growing biotech company that could soon 2x in market capitalization (English translation)
ITECH.ST: Biotech co. w/ unique Selektope paint additive. 50% drop on EU reg. concerns. P/E 24.3, EV/FCF 21.7. 50% YoY rev growth, 100% profit. 25%+ future growth expected. 75% chance EU approval, 25% ban (5-10% sales). Huge potential, 2x catalyst in Jun 2025. Risks: EU rejection, customer concentration.
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