Loading quotes...

Forecast

Buy	0
Hold	1
Sell	0

News Go to news feed

Vow reports Q2 profit, shares fall over liquidity and refinancing concerns

Vow returned to profit in Q2 2026 with a pre-tax profit of NOK 12 million; revenue rose 11% to NOK 253 million and adjusted EBITDA improved to NOK 32 million. The share price fell by around 4.7% despite the operational improvement, as investors fear liquidity pressure, delayed customer payments (over NOK 100 million) and an ongoing refinancing process, as well as a breach of a loan agreement and the exemption granted by DNB. Management priorities are strengthening the balance sheet, generating cash and refinancing without additional equity; the maritime business remains the strongest segment. » More on de.investing.com
Vow: strong maritime business offsets weak industrial division in Q3 2025

Vow reported Q3 2025 revenue down to NOK 214.3m and an adjusted EBITDA of -NOK 28.5m, while the stock rose 6.77% after the results. Maritime Solutions delivered record revenue of NOK 165.9m and an adjusted EBITDA of NOK 29.4m, whereas Industrial Solutions showed an adjusted EBITDA of -NOK 65.0m due to cost adjustments and project issues. Order backlog stands at NOK 1.449bn plus NOK 134m in options, and the company expects improved liquidity in Q4 2025. Management has launched a Profit Improvement Plan and is reviewing strategy, focusing on Maritime Solutions and stronger financial controls. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2019, Vow ASA has already paid €0.00715 in dividends. The last payout was in June 2019.

Financials

In the last quarter, Vow ASA had revenue of €22.16m and net profit of €578.41k

(EUR)	June 2026	YoY
Revenue	22.16m	15.72%
Gross profit	3.23m	17.52%
Net profit	578.41k	112.85%
EBITDA	2.53m	180.05%

Fundamentals

Metric	Value
Market capitalization	€94.36m
Number of shares	290.41m
52-week high/low	€0.32 - €0.17
Dividends	No
Beta	1.54
P/E ratio	-4.55
PEG ratio	0.66
P/B ratio	4.15
P/S ratio	0.75

Company profile

VOW ASA, together with its subsidiaries, manufactures and supplies systems for processing and purifying wastewater, food waste, solid waste, and bio sludge. It operates through Projects Cruise, Aftersales, and Landbased segments. The Projects Cruise segment delivers ship systems to shipyards for newbuild constructions, which include advanced wastewater purification, waste management, and food waste processing; advanced systems to shipowners for ships; and systems for aquaculture sludge treatment. The Aftersales segment offers spare parts and consumables; chemicals; and tailor-made service and maintenance programs. The Landbased segment offers Biogreen, a patented pyrolysis process for converting biomass, plastics, and waste into energy; Safesteril, a patented sterilisation process for food and pharmaceutical ingredients; and industrial robotics solutions, including robotic systems for waste recycling processes. The company serves cruise, aquaculture, and land-based industries, as well as utilities. It has a strategic partnership agreement with Repsol, S.A. to explore applications and solutions to produce clean and renewable energy for CO2 emission reduction. The company was formerly known as Scanship Holding ASA and changed its name to VOW ASA in January 2020. The company was founded in 2011 and is headquartered in Lysaker, Norway.