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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  EAM Solar ASA    EAM   NO0010607781

EAM SOLAR ASA

(EAM)
  Report
Delayed Quote. Delayed Oslo Bors - 10/22 10:25:19 am
14.7 NOK   +1.73%
10/19EAM SOLAR : Financial calendar
PU
10/19EAM SOLAR : Financial calendar
AQ
08/25EAM SOLAR ASA : Legal status update
AQ
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EAM Solar ASA: Q1 2020 Financial Report

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05/19/2020 | 01:01am EDT
HIGHLIGHTS Q1 2020


EBITDA for the quarter was minus EUR 184 thousand. Normal operations, adjusted
for legal costs resulted in an EBITDA of minus EUR 29 thousand for the quarter,
equivalent to a negative adjusted EBITDA margin of 10 per cent.

Cost of operations and SG&A were EUR 46 thousand and EUR 280 thousand for the
quarter.

Legal costs were EUR 155 thousand in the quarter.

EAM Solar ASA has been informed by Energeia AS that the sale of the power plants
Varmo and Codroipo has been executed
and achieved financial close on 30 April 2020. Consequently, the sale of the
power plants is fully consummated and the cash proceeds from the transaction has
been received by Energeia AS.

For further information, please contact: Viktor E Jakobsen, CEO, phone +47 9161 
1009, viktor@eam.no    
   
About EAM Solar ASA: EAM Solar ASA is a utility company that acquires and 
operates solar power plants. The Company currently owns solar PV power plants in

Italy. The plants are operating under long-term sales contracts. In addition,   
the Company's business is lawsuits in relation solar power plants.    
   
This information is subject to the disclosure requirements pursuant to section 
5-12 of the Norwegian Securities Trading Act.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange


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Financials
Sales 2019 3,17 M 3,75 M 3,75 M
Net income 2019 -0,24 M -0,28 M -0,28 M
Net Debt 2019 4,72 M 5,58 M 5,58 M
P/E ratio 2019 -340x
Yield 2019 -
Capitalization 9,05 M 10,8 M 10,7 M
EV / Sales 2018 7,66x
EV / Sales 2019 4,05x
Nbr of Employees -
Free-Float 59,8%
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Income Statement Evolution
Managers
NameTitle
Viktor Erik Jakobsen CEO, Head-Investor & Media Relations
Ragnhild Marta Wiborg Chairman
Pål Hvammen Independent Non-Executive Director
Stephan Lange Jervell Independent Non-Executive Director
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