Delayed
LIQUIDNET SYSTEMS
|
5-day change
|
1st Jan Change
|
- NOK
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,174
|
3,456
|
9,982
|
6,830
|
10,310
|
12,082
|
-
|
-
|
Enterprise Value (EV)
1 |
64,456
|
43,678
|
11,664
|
9,156
|
14,858
|
13,796
|
11,499
|
7,739
|
P/E ratio
|
-3
x
|
-0.09
x
|
6.32
x
|
8.25
x
|
6.96
x
|
6.67
x
|
6.11
x
|
5.99
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
0.14
x
|
0.38
x
|
1.97
x
|
0.36
x
|
0.4
x
|
0.38
x
|
0.36
x
|
0.33
x
|
EV / Revenue
|
1.48
x
|
4.8
x
|
2.3
x
|
0.49
x
|
0.58
x
|
0.43
x
|
0.34
x
|
0.21
x
|
EV / EBITDA
|
9.97
x
|
-25
x
|
-5.18
x
|
7.34
x
|
2.57
x
|
1.9
x
|
1.49
x
|
0.94
x
|
EV / FCF
|
5.67
x
|
34.4
x
|
2.22
x
|
5.57
x
|
3.12
x
|
1.99
x
|
2.73
x
|
1.89
x
|
FCF Yield
|
17.6%
|
2.91%
|
45.1%
|
18%
|
32.1%
|
50.2%
|
36.6%
|
53%
|
Price to Book
|
1.5
x
|
-0.52
x
|
3.07
x
|
1.63
x
|
1.79
x
|
1.52
x
|
1.2
x
|
1.12
x
|
Nbr of stocks (in thousands)
|
1,636
|
39,749
|
928,518
|
929,990
|
961,771
|
963,880
|
-
|
-
|
Reference price
2 |
3,775
|
86.94
|
10.75
|
7.344
|
10.72
|
12.54
|
12.54
|
12.54
|
Announcement Date
|
2/13/20
|
2/26/21
|
2/18/22
|
2/16/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
43,522
|
9,096
|
5,068
|
18,869
|
25,539
|
31,819
|
33,371
|
36,951
|
EBITDA
1 |
6,468
|
-1,750
|
-2,254
|
1,247
|
5,789
|
7,280
|
7,706
|
8,267
|
EBIT
1 |
856
|
-10,953
|
-3,524
|
1,495
|
2,267
|
2,860
|
2,956
|
2,615
|
Operating Margin
|
1.97%
|
-120.42%
|
-69.53%
|
7.92%
|
8.88%
|
8.99%
|
8.86%
|
7.08%
|
Earnings before Tax (EBT)
1 |
-1,688
|
-22,133
|
1,876
|
1,046
|
1,804
|
2,334
|
2,622
|
3,052
|
Net income
1 |
-1,615
|
-23,051
|
1,870
|
1,006
|
1,737
|
1,923
|
2,141
|
2,360
|
Net margin
|
-3.71%
|
-253.43%
|
36.91%
|
5.33%
|
6.8%
|
6.04%
|
6.42%
|
6.39%
|
EPS
2 |
-1,260
|
-1,022
|
1.700
|
0.8900
|
1.540
|
1.879
|
2.052
|
2.093
|
Free Cash Flow
1 |
11,370
|
1,271
|
5,257
|
1,644
|
4,762
|
6,920
|
4,212
|
4,101
|
FCF margin
|
26.13%
|
13.98%
|
103.74%
|
8.71%
|
18.65%
|
21.75%
|
12.62%
|
11.1%
|
FCF Conversion (EBITDA)
|
175.8%
|
-
|
-
|
131.86%
|
82.26%
|
95.05%
|
54.66%
|
49.6%
|
FCF Conversion (Net income)
|
-
|
-
|
281.06%
|
163.49%
|
274.19%
|
359.79%
|
196.71%
|
173.81%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/13/20
|
2/26/21
|
2/18/22
|
2/16/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,550
|
1,916
|
4,868
|
7,116
|
4,969
|
3,975
|
6,871
|
8,776
|
5,917
|
6,144
|
9,194
|
11,159
|
7,536
|
-
|
-
|
EBITDA
1 |
-86.9
|
-
|
-
|
1,569
|
349.4
|
-154.5
|
1,568
|
3,150
|
1,170
|
427.1
|
1,937
|
3,829
|
1,325
|
-
|
-
|
EBIT
1 |
-463.7
|
-833
|
1,354
|
1,074
|
-99.9
|
-916.5
|
700.7
|
2,179
|
298.4
|
-636.6
|
447
|
2,627
|
201
|
-
|
-
|
Operating Margin
|
-18.19%
|
-43.48%
|
27.81%
|
15.1%
|
-2.01%
|
-23.06%
|
10.2%
|
24.83%
|
5.04%
|
-10.36%
|
4.86%
|
23.54%
|
2.67%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
117.4
|
-1,031
|
1,248
|
909.7
|
-80.3
|
-991.6
|
538
|
2,050
|
207.8
|
-903.4
|
571.7
|
2,533
|
40.62
|
-624.8
|
712.9
|
Net income
1 |
111.8
|
-1,034
|
1,248
|
909.7
|
-118.9
|
-992.8
|
537.9
|
2,039
|
152.8
|
-936.1
|
477.7
|
2,256
|
6.055
|
-487.4
|
556.1
|
Net margin
|
4.38%
|
-53.95%
|
25.64%
|
12.78%
|
-2.39%
|
-24.98%
|
7.83%
|
23.24%
|
2.58%
|
-15.24%
|
5.2%
|
20.21%
|
0.08%
|
-
|
-
|
EPS
2 |
0.1000
|
-1.100
|
-
|
0.8000
|
-0.1600
|
-1.070
|
0.4800
|
1.810
|
0.1300
|
-0.9700
|
0.4246
|
1.743
|
-0.0372
|
-0.4310
|
0.4918
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/18/22
|
5/13/22
|
8/25/22
|
10/25/22
|
2/16/23
|
5/11/23
|
8/24/23
|
11/2/23
|
2/16/24
|
4/24/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
58,282
|
40,222
|
1,683
|
2,326
|
4,548
|
1,713
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
583
|
4,343
|
Leverage (Debt/EBITDA)
|
9.011
x
|
-22.98
x
|
-0.7466
x
|
1.866
x
|
0.7855
x
|
0.2354
x
|
-
|
-
|
Free Cash Flow
1 |
11,370
|
1,271
|
5,257
|
1,644
|
4,762
|
6,920
|
4,212
|
4,101
|
ROE (net income / shareholders' equity)
|
-55.8%
|
-
|
-
|
26.9%
|
34.8%
|
27%
|
22.9%
|
19.5%
|
ROA (Net income/ Total Assets)
|
-2.29%
|
-34.2%
|
5.47%
|
4.85%
|
6.53%
|
5.63%
|
5.1%
|
5.84%
|
Assets
1 |
70,665
|
67,448
|
34,190
|
20,747
|
26,610
|
34,139
|
41,997
|
40,410
|
Book Value Per Share
2 |
2,520
|
-167.0
|
3.500
|
4.500
|
6.000
|
8.230
|
10.40
|
11.20
|
Cash Flow per Share
2 |
2,375
|
-
|
-
|
2.160
|
4.670
|
5.480
|
6.600
|
-
|
Capex
1 |
-
|
-
|
6.1
|
782
|
495
|
1,351
|
2,151
|
2,221
|
Capex / Sales
|
-
|
-
|
0.12%
|
4.14%
|
1.94%
|
4.25%
|
6.44%
|
6.01%
|
Announcement Date
|
2/13/20
|
2/26/21
|
2/18/22
|
2/16/23
|
2/16/24
|
-
|
-
|
-
|
Last Close Price
12.54
NOK Average target price
18.16
NOK Spread / Average Target +44.85% Consensus |
1st Jan change
|
Capi.
|
---|
| +22.74% | 31.87B | | +45.26% | 19.9B | | +3.05% | 17.78B | | +16.77% | 15.84B | | -23.89% | 14.09B | | +38.23% | 13.28B | | -8.76% | 12.53B | | +1.55% | 10.65B | | +9.06% | 10.5B |
Other Airlines
|