Added to YB: 2025-07-02
Pitch date: 2025-07-01
OTEC.OL [bullish]
Otello Corporation ASA
+53.06%
current return
Author Info
No bio for this author
Company Info
Otello Corporation ASA, through its subsidiary, provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway.
Market Cap
NOK 93.3M
Pitch Price
NOK 12.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.35
P/E
-6.27
EV/Sales
N/A
Sector
Software
Category
turnaround
So When Does the Fat Lady Sing? - Otello Corporation ASA
OTEC.OL: Oslo-listed stub selling at 0.7x NAV (NOK2 cash + NOK16 Bemobi stake). New shareholder-friendly board installed Jan'25 after activism by UK funds & Norwegian investors. Ramping buybacks, cutting costs & actively seeking to monetize 38% Bemobi stake. Share price up from NOK7.5 to ~12. Risks: NOK/BRL rate, uncertainty on hedge fund positions.
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