Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Ovzon

Ovzon

Ovzon is supplier of mobile end-to-end satellite services. Through its self-developed terminal, the company’s patent-protected offering combines great mobility with high bandwidth. The company is looking to launch a proprietary satellite. Besides more than doubling Ovzon’s saleable capacity, having its own satellite would expand the total offering.

Sustainability information

Ovzon relies on satellite capacity from third parties to provide its communication services. Satellites are subject to operational risks while in orbit, many of which cannot be foreseen and may not be included in Ovzon's insurance policies. Almost all of the company’s sales are generated via IGC (a subsidiary to the operator Intelsat) and the sales agreement with IGC is subject to annual renewal. Furthermore, the company generates almost all of its revenues in USD, and reports in SEK.

SEKm 2025 2026e 2027e
Sales 692 911 878
Sales growth (%) 107,1 31,8 -3,7
EBITDA N/A N/A N/A
EBITDA margin (%) 0 0 0
EBIT adj. 113 269 294
EBIT adj. margin (%) 16,4 29,5 33,5
Pretax profit 113 269 294
EPS 0,77 2,17 2,25
EPS growth (%) N/A N/A 3,9
EPS adj. N/A N/A N/A
DPS N/A N/A N/A
EV/EBITDA (x) N/A N/A N/A
EV/EBIT adj. (x) 0 0 0
P/E (x) 42,3 15,1 14,5
P/E adj. (x) N/A N/A N/A
EV/sales (x) 0 0 0
FCF yield (%) 0 0 0
Le. adj. FCF yld. (%) 0 0 0
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) N/A N/A N/A
Le. adj. ND/EBITDA (x) N/A N/A N/A
SEKm 2025 2026e 2027e
Sales 692 911 878
COGS N/A N/A N/A
Gross profit 692 911 878
Other operating items -692 -911 -878
EBITDA N/A N/A N/A
Depreciation and amortisation 0 0 0
of which leasing depreciation N/A N/A N/A
EBITA N/A N/A N/A
EO Items N/A N/A N/A
Impairment and PPA amortisation 0 0 0
EBIT 113 269 294
Net financial items N/A N/A N/A
Pretax profit 113 269 294
Tax N/A N/A N/A
Net profit 113 269 294
Minority interest N/A N/A N/A
Net profit discontinued N/A N/A N/A
Net profit to shareholders 113 269 294
EPS 0,77 2,17 2,25
EPS adj. N/A N/A N/A
Total extraordinary items after tax 0 0 0
Leasing payments N/A N/A N/A
Tax rate (%) 0 0 0
Gross margin (%) 100 100 100
EBITDA margin (%) 0 0 0
EBITA margin (%) 0 0 0
EBIT margin (%) 16,4 29,5 33,5
Pre-tax margin (%) 16,4 29,5 33,5
Net margin (%) 16,4 29,5 33,5
Sales growth (%) 107,1 31,8 -3,7
EBITDA growth (%) N/A N/A N/A
EBITA growth (%) N/A N/A N/A
EBIT growth (%) -236,5 N/A 9,4
Net profit growth (%) -236,5 137,5 9,4
EPS growth (%) N/A N/A 3,9
Profitability N/A N/A N/A
ROE (%) N/A N/A N/A
ROE adj. (%) N/A N/A N/A
ROCE (%) N/A N/A N/A
ROCE adj. (%) N/A N/A N/A
ROIC (%) N/A N/A N/A
ROIC adj. (%) N/A N/A N/A
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 0 0 0
EBITDA adj. margin (%) 0 0 0
EBITDA lease adj. N/A N/A N/A
EBITDA lease adj. margin (%) 0 0 0
EBITA adj. 0 0 0
EBITA adj. margin (%) 0 0 0
EBIT adj. 113 269 294
EBIT adj. margin (%) 16,4 29,5 33,5
Pretax profit Adj. 113 269 294
Net profit Adj. 113 269 294
Net profit to shareholders adj. 113 269 294
Net adj. margin (%) 16,4 29,5 33,5
SEKm 2025 2026e 2027e
EBITDA N/A N/A N/A
Goodwill N/A N/A N/A
Net financial items N/A N/A N/A
Other intangible assets 0 0 0
Paid tax N/A N/A N/A
Tangible fixed assets N/A N/A N/A
Non-cash items N/A N/A N/A
Right-of-use asset N/A N/A N/A
Cash flow before change in WC 0 0 0
Total other fixed assets 0 0 0
Change in working capital 0 0 0
Fixed assets 0 0 0
Operating cash flow N/A N/A N/A
Inventories N/A N/A N/A
Capex tangible fixed assets N/A N/A N/A
Receivables N/A N/A N/A
Capex intangible fixed assets N/A N/A N/A
Other current assets N/A N/A N/A
Acquisitions and Disposals 0 0 0
Cash and liquid assets N/A N/A N/A
Free cash flow 0 0 0
Total assets 0 0 0
Dividend paid N/A N/A N/A
Shareholders equity 0 0 0
Share issues and buybacks 0 0 0
Minority N/A N/A N/A
Leasing liability amortisation N/A N/A N/A
Total equity 0 0 0
Other non-cash items 0 0 0
Long-term debt N/A N/A N/A
Pension debt N/A N/A N/A
Convertible debt N/A N/A N/A
Leasing liability 0 0 0
Total other long-term liabilities 0 0 0
Short-term debt N/A N/A N/A
Accounts payable N/A N/A N/A
Other current liabilities 0 0 0
Total liabilities and equity 0 0 0
Net IB debt 0 0 0
Net IB debt excl. pension debt 0 0 0
Net IB debt excl. leasing 0 0 0
Capital employed 0 0 0
Capital invested 0 0 0
Working capital 0 0 0
Market cap. diluted (m) 0 0 0
Net IB debt adj. N/A N/A N/A
Market value of minority N/A N/A N/A
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity N/A N/A N/A
EV 0 0 0
Total assets turnover (%) N/A N/A N/A
Working capital/sales (%) 0 0 0
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) N/A N/A N/A
Net debt / market cap (%) N/A N/A N/A
Equity ratio (%) N/A N/A N/A
Net IB debt adj. / equity (%) N/A N/A N/A
Current ratio N/A N/A N/A
EBITDA/net interest N/A N/A N/A
Net IB debt/EBITDA (x) N/A N/A N/A
Net IB debt/EBITDA lease adj. (x) N/A N/A N/A
Interest coverage N/A N/A N/A
SEKm 2025 2026e 2027e
Shares outstanding adj. N/A N/A N/A
Diluted shares adj. 0 0 0
EPS 0,77 2,17 2,25
Dividend per share N/A N/A N/A
EPS adj. N/A N/A N/A
BVPS N/A N/A N/A
BVPS adj. N/A N/A N/A
Net IB debt/share N/A N/A N/A
Share price 32,75 32,75 32,75
Market cap. (m) 0 0 0
P/E (x) 42,3 15,1 14,5
EV/sales (x) 0 0 0
EV/EBITDA (x) N/A N/A N/A
EV/EBITA (x) N/A N/A N/A
EV/EBIT (x) 0 0 0
Dividend yield (%) 0 0 0
FCF yield (%) 0 0 0
Le. adj. FCF yld. (%) 0 0 0
P/BVPS (x) N/A N/A N/A
P/BVPS adj. (x) 32,75 32,75 32,75
P/E adj. (x) N/A N/A N/A
EV/EBITDA adj. (x) N/A N/A N/A
EV/EBITA adj. (x) N/A N/A N/A
EV/EBIT adj. (x) 0 0 0
EV/CE (x) N/A N/A N/A
Investment ratios N/A N/A N/A
Capex/sales (%) 0 0 0
Capex/depreciation N/A N/A N/A
Capex tangibles / tangible fixed assets N/A N/A N/A
Capex intangibles / definite intangibles N/A N/A N/A
Depreciation on intang / def. intang N/A N/A N/A
Depreciation on tangibles / tangibles N/A N/A N/A

Equity research

Read earlier research

Media

Ovzon - Company presentation with CEO Per Norén and CFO André Löfgren
Ovzon - Company presentation with Viktor Bremer, Director Group Finance

Main shareholders - Ovzon

Main shareholders Share capital % Voting shares % Verified
Investment AB Öresund 12.1 % 12.1 % 23 Dec 2025
Fjärde AP-fonden 9.0 % 9.0 % 23 Dec 2025
Bure Equity 8.2 % 8.2 % 23 Dec 2025
Erik Åfors 5.6 % 5.6 % 23 Dec 2025
Handelsbanken Fonder 5.1 % 5.1 % 31 Dec 2025
Futur Pension 4.6 % 4.6 % 23 Dec 2025
Carnegie Fonder 3.7 % 3.7 % 23 Dec 2025
Patrik Björn 3.3 % 3.3 % 23 Dec 2025
Swedbank Robur Fonder 2.8 % 2.8 % 23 Dec 2025
Avanza Pension 2.7 % 2.7 % 23 Dec 2025
Source: Holdings by Modular Finance AB