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), a software company, provides road weather information solutions to the winter maintenance and automotive markets in Sweden and internationally.
Market Cap
SEK 123.8M
Pitch Price
SEK 1.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
74.70
P/E
N/A
EV/Sales
3.09
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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