TerraNet is an early commercialisation-stage software company with expertise in peer-to-peer communications. Its products encompass chip integration software, IoT, including connected cars and headsets, multimedia streaming, and GriDD, an innovative data capacity trading product.
More TerraNet content >Investment summary
TerraNet (TN) has an array of promising technologies based on offline mobile communications which have attracted a range of blue-chip partners. Adoption of its IP is progressing slower than hoped and trade tensions between China and the US, as well as the potential return of Google to China, could affect future demand for TN’s proximal connectivity software. New CEO Ola Samuelsson has responded with a 40% cost base reduction which should help conserve net cash reserves of SEK38.1m at the end H118. Successful execution across any one of the company’s applications could drive strong growth, but as TN’s products are still very early stage, investment is high risk.
Y/E Dec |
Revenue (SEKm) |
EBITDA (SEKm) |
PBT (SEKm) |
EPS (öre) |
P/E (x) |
P/CF (x) |
|---|---|---|---|---|---|---|
| 2016A | 2.7 | (25.0) | (37.6) | (333.71) | N/A | N/A |
| 2017A | 5.6 | (57.1) | (58.7) | (286.35) | N/A | N/A |
| 2018E | 21.7 | (68.2) | (72.2) | (300.55) | N/A | N/A |
| 2019E | 74.8 | (32.1) | (37.9) | (157.69) | N/A | N/A |
Content on TerraNet
Sector |
|---|
|
TMT
Access more TMT content
|
Share price graph
Balance sheet |
|
|---|---|
| Forecast net debt (SEKm) | 7.2 |
| Forecast gearing ratio (%) | 89 |
Price performance
% |
1m |
3m |
12m |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||
| *% relative to local index | |||||||||||||||
Key management |
|
|---|---|
| Pär-Olof Johannesson | CEO |