Company Forsee Power

Equities

FORSE

FR0014005SB3

Electrical Components & Equipment

Market Closed - Euronext Paris 11:35:05 2024-04-23 am EDT After market 03:59:56 pm
1.21 EUR +3.77% Intraday chart for Forsee Power 1.221 +0.91%

Business Summary

Forsee Power is specialized in the design, manufacture and marketing of smart battery systems for use in the electric mobility market. Net sales break down by activity as follows:

- sale, installation and activation of lithium-ion battery systems (98%): systems for use in light electric vehicles (electric bicycles, scooters and light 1- to 4-wheel vehicles), heavy vehicles (farming, construction and industrial vehicles, trucks, buses, rail vehicles, and ships), stationary energy storage units (for residential, commercial and industrial purposes), medical equipment, connected objects, home systems, robotics equipment and work tools;

- provision of services (1.2%): financing services (battery rentals), battery life cycle management services and after-sales services;

- other (0.8%).

At the end of 2022, the group had 4 production sites located in France, Poland, India, USA and China.

Net sales are distributed geographically as follows: France (46.2%), Europe (44.3%), Asia (7.2%), the United States (2.1%) and other (0.2%).

Number of employees: 722

Sales per Business

EUR in Million2021Weight2022Weight Delta
Heavy Vehicles
79.1 %
50 69.7 % 88 79.1 % +74.01%
Light Vehicles and Industrial Tech
20.9 %
22 30.3 % 23 20.9 % +5.62%

Sales per region

EUR in Million2021Weight2022Weight Delta
France
46.2 %
46 64.0 % 51 46.2 % +10.64%
Europe
44.3 %
13 17.7 % 49 44.3 % +282.92%
Asia
7.2 %
11 14.5 % 8 7.2 % -23.50%
United states
2.1 %
3 3.7 % 2 2.1 % -11.97%
Rest of the World
0.2 %
0 0.1 % 0 0.2 % +176.83%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 06-12-31
Chief Tech/Sci/R&D Officer - 20-12-31
Chief Operating Officer - 19-05-31
- -
Investor Relations Contact - 16-05-31
Corporate Officer/Principal - 18-01-31
Corporate Officer/Principal - 20-04-30

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 60 06-12-31
Director/Board Member 56 20-12-31
Director/Board Member 56 20-12-31
Director/Board Member 54 20-12-31
Director/Board Member 61 20-12-31
Director/Board Member 50 20-12-31
Director/Board Member 57 20-12-31
Director/Board Member 60 20-12-31
Director/Board Member 58 21-10-31
Director/Board Member 58 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 24,712,800 24,465,672 ( 99.00 %) 0 99.00 %

Shareholders

NameEquities%Valuation
Eurazeo Investment Manager - EIM SA
21.27 %
15,222,118 21.27 % 27 M €
14,285,900 19.97 % 25 M €
BPIFrance Investissement SAS
12.65 %
9,047,929 12.65 % 16 M €
5,200,000 7.268 % 9 M €
2,358,194 3.296 % 4 M €
1,900,257 2.656 % 3 M €
Crédit Mutuel Asset Management SA
0.2041 %
146,000 0.2041 % 254 811 €
Talence Gestion SAS
0.1817 %
130,000 0.1817 % 226 886 €
Sunny Asset Management SA
0.1677 %
120,000 0.1677 % 209 434 €
Hermitage Gestion Privée SA
0.1475 %
105,573 0.1475 % 184 254 €

Holdings

NameEquities%Valuation
74,081 0.10% 129,292 $

Company contact information

Forsee Power SA

1, boulevard Hippolyte Marquès

94200, Ivry sur Seine

+33 1 58 91 69 00

http://www.forseepower.com
address Forsee Power(FORSE)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.166 EUR
Average target price
4.5 EUR
Spread / Average Target
+285.93%
Consensus

Quarterly revenue - Rate of surprise