- Otovo launches partnership with Volkswagen Group - OPP 98%
Bulldog
25.10.2024 kl 15:32
918
En har jo et slags gulv i aksjen om avtale blir gjennomført i Q1-2025:
The parties have agreed that the Buyer will at closing receive 55.9m warrants in Otovo, each holding the right to subscribe for one new share at a strike price of NOK 1.15 per share.
The parties have agreed that the Buyer will at closing receive 55.9m warrants in Otovo, each holding the right to subscribe for one new share at a strike price of NOK 1.15 per share.
Kratos
24.10.2024 kl 12:47
1144
Krelva skrev Blir spennende.
Fulgt selskapet lenge og har ikke sett ledelsen så optimistisk som nå på lenge! De kan produsere grønne tall allerede i 2025 om alt klaffer, de trenger bare (i følge dem) å få leasing porteføljene opp på 5-600 salg i kvartalet. Bør være fullt mulig med lavere rente for folk flest.
IDGAF
24.10.2024 kl 11:56
1190
Krelva
24.10.2024 kl 11:54
1193
De selger Europa virksomhet for over 600 mill ..bare det tilsier kurs på over 2 nok ..denna kommer ..lykke til
Krelva
24.10.2024 kl 11:35
1220
Kratos skrev Hehe, allerede i pluss på alle kjøp i dag :D
Gratulerer
IDGAF
24.10.2024 kl 10:47
1354
Dobblet antall aksjer idag 😎
Mulig jeg kjøper enda mer i ettermiddag 🥳
Ser bra ut dette 🤑
Mulig jeg kjøper enda mer i ettermiddag 🥳
Ser bra ut dette 🤑
Kratos
24.10.2024 kl 09:54
1410
Strategisk smart av Otovo - laster opp på denne dippen, ser for meg 2-3x ila. de neste kvartalene med kursmål 10 kr innen sommeren 2025.
IDGAF
24.10.2024 kl 07:13
1582
Otovo Q3 2024: Reset and ready for 2025
Børsmelding
(1) Cost programme on track
- Reduces personnel cost and opex by NOK 200-225m annually
- Takes down cash burn, aligns with profitability at low sales levels
- Simplifies the company around the Madrid hub
(2) Customer acquisition in transition
- Improved accuracy and cost in performance marketing
- Expanded partnerships, notably in the mobility direction
- Scaling up new sales methodology allowing more conversion per incoming
interest
(3) Markets remain challenging, commercial momentum affected by reorganization
- Otovo lost output and efficiency in Q3 as layoffs and restructuring hit sales
and throughput metrics
- Market outlook in Europe is challenging for the rest of the year, Otovo
believes in uptick in sales as consumer macro improves
- Hardware and leasing shares expected up in coming quarters
(4) Portfolio sale is progressing
- Expected to close in Q1 with a cash release of NOK ~150-175m after debt
repayment
Main takeaways
- Cost structure reset and adjusted for 2025
- Customer acquisition improvements change odds in a market that remains
challenging
- Short term fluctuations to be expected while medium term position is vastly
improved
Andreas Thorsheim, CEO of Otovo, remarks on the quarter:
- In the third quarter we announced and started the execution of a downsizing of
approximately 170 co-workers and more than NOK 200 million in cost reductions.
As we report today, most of those actions are taken and the effects will
materialize as planned toward the end of the year.
***
Please find attached the quarterly report. Andreas Thorsheim (CEO) and Petter
Ulset (CFO) will provide a presentation at the webcast at 12:00 on 24 October,
that can be obtained through the following link:
https://my.demio.com/ref/5C6jb0aHsAH8Tgci
***
Disclosure Regulation
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Metrics used in this notice are defined in the attached financial report.
***
About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the
roof, and batteries in the home. Otovo is a marketplace that organizes hundreds
of local, high quality and qualified energy installers. The company uses its
proprietary technology to analyze the potential of any home and finds the best
price and installer for customers based on an automatic bidding process between
available installers.
Follow us on investor.otovo.com for reports, financial calendar, contact details
and more.
Børsmelding
(1) Cost programme on track
- Reduces personnel cost and opex by NOK 200-225m annually
- Takes down cash burn, aligns with profitability at low sales levels
- Simplifies the company around the Madrid hub
(2) Customer acquisition in transition
- Improved accuracy and cost in performance marketing
- Expanded partnerships, notably in the mobility direction
- Scaling up new sales methodology allowing more conversion per incoming
interest
(3) Markets remain challenging, commercial momentum affected by reorganization
- Otovo lost output and efficiency in Q3 as layoffs and restructuring hit sales
and throughput metrics
- Market outlook in Europe is challenging for the rest of the year, Otovo
believes in uptick in sales as consumer macro improves
- Hardware and leasing shares expected up in coming quarters
(4) Portfolio sale is progressing
- Expected to close in Q1 with a cash release of NOK ~150-175m after debt
repayment
Main takeaways
- Cost structure reset and adjusted for 2025
- Customer acquisition improvements change odds in a market that remains
challenging
- Short term fluctuations to be expected while medium term position is vastly
improved
Andreas Thorsheim, CEO of Otovo, remarks on the quarter:
- In the third quarter we announced and started the execution of a downsizing of
approximately 170 co-workers and more than NOK 200 million in cost reductions.
As we report today, most of those actions are taken and the effects will
materialize as planned toward the end of the year.
***
Please find attached the quarterly report. Andreas Thorsheim (CEO) and Petter
Ulset (CFO) will provide a presentation at the webcast at 12:00 on 24 October,
that can be obtained through the following link:
https://my.demio.com/ref/5C6jb0aHsAH8Tgci
***
Disclosure Regulation
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Metrics used in this notice are defined in the attached financial report.
***
About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the
roof, and batteries in the home. Otovo is a marketplace that organizes hundreds
of local, high quality and qualified energy installers. The company uses its
proprietary technology to analyze the potential of any home and finds the best
price and installer for customers based on an automatic bidding process between
available installers.
Follow us on investor.otovo.com for reports, financial calendar, contact details
and more.
Redigert 24.10.2024 kl 07:24
Du må logge inn for å svare
Kratos
23.10.2024 kl 19:08
1690
Rent teknisk bør det ikke være motstand før 2 kr og så videre mot emi på 3.40 eller hva den var på. Etter det kan man se mot 7-10 kr rangen. Vet ikke om vi kommer så høyt i år, men har tro på at de kan snu skuta nå og levere grønne tall neste år. Target 12 kr Des 2025.
Krelva
23.10.2024 kl 14:10
1776
Klabbeføre skrev Velkommen om bord, mangler litt volum her før det tar av skikkelig!
Jo takker ,,,snart hår toget ....lykke til ,,,stopper på 3 nok Stasjon
Klabbeføre
23.10.2024 kl 13:23
1804
Krelva skrev Takker og bukker for billige aksjer
Velkommen om bord, mangler litt volum her før det tar av skikkelig!
Krelva
23.10.2024 kl 12:02
1880
https://e24.no/boers-og-finans/i/7lkjB9/stian-fra-krokstadelva-knuser-aksje-proffene
Jeg er inne (da må Dere forte Dere ) snart fyrer Raketten.
Jeg er inne (da må Dere forte Dere ) snart fyrer Raketten.
IDGAF
23.10.2024 kl 09:11
1935
En dag igjen 😁
Da går det nok rett nordover igjen 🔝🔝🔝
Fyller på enda litt mer idag 🤣
Da går det nok rett nordover igjen 🔝🔝🔝
Fyller på enda litt mer idag 🤣
Klabbeføre
22.10.2024 kl 23:44
1996
Tok en rask gjennomgang av aksjonærlistene
Topp 20 sitter på nesten 85% av de 279 mill aksjene i Otovo, og knapt noen av de har snitt under 7-8kr
Største aksjonær Å energi tok en solid jafs emisjonsaksjer (77 millioner stk til 3,5kr) ifjor og har nok dermed et snitt noe høyere enn det siden de hadde 10 millioner aksjer fra før
Otovo har potensiale til å kunne gå endel fremover
Topp 20 sitter på nesten 85% av de 279 mill aksjene i Otovo, og knapt noen av de har snitt under 7-8kr
Største aksjonær Å energi tok en solid jafs emisjonsaksjer (77 millioner stk til 3,5kr) ifjor og har nok dermed et snitt noe høyere enn det siden de hadde 10 millioner aksjer fra før
Otovo har potensiale til å kunne gå endel fremover
Klabbeføre
22.10.2024 kl 13:56
1255
https://www2.investtech.com/no/market.php?CompanyID=101170
"Otovo ASA har brutt opp gjennom taket i en fallende trendkanal på mellomlang sikt."
"Otovo ASA har brutt opp gjennom taket i en fallende trendkanal på mellomlang sikt."
Klabbeføre
22.10.2024 kl 13:52
1258
De har gjort endel grep for å snu skuta, det kan være det snur herifra
Flesteparten av aksjonærene her sitter nok med snitt oppimot 10kr, så den kan gå fort oppover om de begynner å drifte med profitt
Flesteparten av aksjonærene her sitter nok med snitt oppimot 10kr, så den kan gå fort oppover om de begynner å drifte med profitt
IDGAF
22.10.2024 kl 13:36
1275
Tok ett lodd jeg også her idag 🤣
Satser på god guiding på torsdag 👍 Og kostnadskuttene også vil påvirke positivt etterhvert....
Satser på god guiding på torsdag 👍 Og kostnadskuttene også vil påvirke positivt etterhvert....
Klabbeføre
22.10.2024 kl 12:58
1300
Tipper nyheter om porteføljesalg er rett rundt hjørnet, har kjøpt litt mer på tilbud idag
IDGAF
22.10.2024 kl 05:22
1390
Ser denne har fått ett løft siste par dager.... Noe på gang ang rapporten om ett par dager 🤔🤔
Er jo alltid noen som vet mer enn andre på Oslo "casino" børs 🙈🤣
Er jo alltid noen som vet mer enn andre på Oslo "casino" børs 🙈🤣
Klabbeføre
21.10.2024 kl 12:29
1621
Aksjekursen har vært bombet sønder og sammen lenge rett over 1kr
Nesten ingen motstand før 3.4kr, venter i spenning på nyheter her
Nesten ingen motstand før 3.4kr, venter i spenning på nyheter her
Kratos
21.10.2024 kl 12:22
1638
Absolutt at noen har fått nyss i noe - omsetningen på denne har den siste tiden ligget under 100k. Nå er omsetningen 25 doblet og det er enda flere timer igjen av dagen. Regner med vi har satt bunn rundt krona nå, og at aksjen ligger i 4-5 kr til jul.
Klabbeføre
21.10.2024 kl 11:57
1665
Omsetning opp fra 50 000 om dagen til godt over 2 millioner idag, hmm..
Har ventet på porteføljesalg siden slutten av August, kan være noen som har plukket opp noe
Har ventet på porteføljesalg siden slutten av August, kan være noen som har plukket opp noe
oryx
21.10.2024 kl 11:01
1752
Får se om Otovo klarer å holde seg oppe, flere pennystocks som faller tilbake på gevinstsikring nå.
Redigert 21.10.2024 kl 11:48
Du må logge inn for å svare
oryx
21.10.2024 kl 10:54
1624
Har vært lenge stille fra Otovo nå.
Redigert 21.10.2024 kl 11:49
Du må logge inn for å svare
oryx
21.10.2024 kl 10:48
1572
Har du noen link her bulldog
Redigert 21.10.2024 kl 11:50
Du må logge inn for å svare
Bulldog
17.10.2024 kl 14:25
1675
Solar leasing
Non-discounted contracted customer payments 741 NOKm utgangen Q2-2024.
Non-discounted contracted customer payments 741 NOKm utgangen Q2-2024.
Kratos
14.10.2024 kl 13:05
1785
Aksjen gikk 50% på forrige Portis-salg. Merkelig ikke flere posisjonerer seg foran det forestående salget som er bekreftet kommer før jul. Tikk-takk!
Bulldog
13.10.2024 kl 15:07
1900
Hundrevis av millioner NOK
Continental Europe portfolio sales:
Otovo's Q2 2024:earnings call: 20.08.2024
Now first is closing the portfolio sale. That's a process that we announced that we initiated in May of this year. We're now in concrete discussions with several parties about terms and conditions. And once completed, the portfolio sale will free up cash that is latent in the portfolio, supplementing the cash that we have on hand.
06 October 2023
Otovo - Swiss Life Asset Managers
Scandinavian solar portfolio transaction
https://s3.eu-central-1.amazonaws.com/investor.otovo.com/2023-10-06-scandinavian-solar-portfolio-transaction.pdf
Continental Europe portfolio sales:
Otovo's Q2 2024:earnings call: 20.08.2024
Now first is closing the portfolio sale. That's a process that we announced that we initiated in May of this year. We're now in concrete discussions with several parties about terms and conditions. And once completed, the portfolio sale will free up cash that is latent in the portfolio, supplementing the cash that we have on hand.
06 October 2023
Otovo - Swiss Life Asset Managers
Scandinavian solar portfolio transaction
https://s3.eu-central-1.amazonaws.com/investor.otovo.com/2023-10-06-scandinavian-solar-portfolio-transaction.pdf
Bulldog
11.10.2024 kl 14:45
2002
New technologies as a beacon of hope
Despite the current challenges, Volkswagen is focusing on innovations to strengthen its market position. The introduction of a new intelligent wallbox for electric vehicles, which is intended to use surplus electricity from photovoltaic systems, could be an important step. In cooperation with the company Otovo, VW plans to introduce this technology in Europe and thus increase the attractiveness of its electric vehicles.
https://www.finanznachrichten.de/nachrichten-2024-10/63504062-volkswagen-aktie-absatzrueckgang-belastet-kursentwicklung-677.htm
Despite the current challenges, Volkswagen is focusing on innovations to strengthen its market position. The introduction of a new intelligent wallbox for electric vehicles, which is intended to use surplus electricity from photovoltaic systems, could be an important step. In cooperation with the company Otovo, VW plans to introduce this technology in Europe and thus increase the attractiveness of its electric vehicles.
https://www.finanznachrichten.de/nachrichten-2024-10/63504062-volkswagen-aktie-absatzrueckgang-belastet-kursentwicklung-677.htm
Bulldog
11.10.2024 kl 13:27
2020
Da er Volkswagen i gang:
Wolfsburg, October 8, 2024 – Volkswagen Group Charging GmbH (Elli) is launching its first
smart charger in Europe. The Elli Charger 2 integrates via solar surplus charging with a home’s
solar power system and can use price optimized charging to automatically charge when
electricity market prices are lowest. Elli has now set new standards in integrating renewable
energies and reducing charging costs to make the energy transition at home a reality.
Furthermore, customers can now also purchase and install a solar power system from Otovo
together with the smart charger.
10/08/2024Press Release
Volkswagen Group brand Elli launches smart charging product offensive for Europe
https://www.volkswagen-group.com/en/press-releases/volkswagen-group-brand-elli-launches-smart-charging-product-offensive-for-europe-18724
Wolfsburg, October 8, 2024 – Volkswagen Group Charging GmbH (Elli) is launching its first
smart charger in Europe. The Elli Charger 2 integrates via solar surplus charging with a home’s
solar power system and can use price optimized charging to automatically charge when
electricity market prices are lowest. Elli has now set new standards in integrating renewable
energies and reducing charging costs to make the energy transition at home a reality.
Furthermore, customers can now also purchase and install a solar power system from Otovo
together with the smart charger.
10/08/2024Press Release
Volkswagen Group brand Elli launches smart charging product offensive for Europe
https://www.volkswagen-group.com/en/press-releases/volkswagen-group-brand-elli-launches-smart-charging-product-offensive-for-europe-18724
Gullhaugen
29.08.2024 kl 08:45
2230
I dag gjelder det å benytte muligheten under 1.2-1.3 .Det er steike billig.
Gullhaugen
28.08.2024 kl 14:22
2303
Hold på aksjene til melding om portefølje salg og nye partnere inne EV kommer. Konseptet er genialt nede i Europa. Mye sol og skyhøye strømpriser for lading.
https://www.shifter.no/nyheter/otovo-aksjen-opp-med-over-90-prosent-etter-volkswagen-nyhet/332123
https://energiwatch.no/nyheter/fornybar/article17232110.ece
https://www.shifter.no/nyheter/otovo-aksjen-opp-med-over-90-prosent-etter-volkswagen-nyhet/332123
https://energiwatch.no/nyheter/fornybar/article17232110.ece
Redigert 28.08.2024 kl 14:28
Du må logge inn for å svare
Gullhaugen
28.08.2024 kl 12:58
2331
OTOVO: Otovo ASA has bought 357,600 own shares
20 aug. 17:04 ∙ Oslo Børs
The board of directors has on 20 August 2024 entered into a bilateral agreement
to acquire 357,600 shares from Inigo Armoribieta in relation to his departure
from Otovo as announced in the stock exchange message on 11 June 2024. The
purchase price has been set at the close price on 20 August 2024 being NOK
1.296. The purchase was done subsequent to release of the Q2 financial report
and the transaction will be executed and settled in the coming days.
The purchase was done under the board authorisation given at the annual general
meeting of Otovo ASA on 17 April 2024 for the board of directors to acquire up
to 10% of the outstanding shares in the company.
20 aug. 17:04 ∙ Oslo Børs
The board of directors has on 20 August 2024 entered into a bilateral agreement
to acquire 357,600 shares from Inigo Armoribieta in relation to his departure
from Otovo as announced in the stock exchange message on 11 June 2024. The
purchase price has been set at the close price on 20 August 2024 being NOK
1.296. The purchase was done subsequent to release of the Q2 financial report
and the transaction will be executed and settled in the coming days.
The purchase was done under the board authorisation given at the annual general
meeting of Otovo ASA on 17 April 2024 for the board of directors to acquire up
to 10% of the outstanding shares in the company.