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Codelab Capital AS
OSE:CODE

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Codelab Capital AS
OSE:CODE
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Price: 5.5 NOK 47.85% Market Closed
Market Cap: kr108.6m
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Codelab Capital AS
R&D

R&D · Dec 2024 report

R&D fell to its lowest level in the available history

N/A
kr8.2m
-49.5%
kr16.2m
-58.7% YoY

R&D fell 49.5% from kr16.2m to kr8.2m in the latest fiscal year. R&D was kr16.2m over the last twelve months, down 58.7% year over year.

Sources: Income Statement

Growth

Horizon Past Forecast Difference
Quarter N/A N/A N/A
1 year N/A N/A
3-year CAGR N/A N/A
5-year CAGR N/A N/A
10-year CAGR N/A N/A N/A

No analyst forecasts are available for R&D.

History

Statistic Value Reporting period
Average value kr26.6m Dec 2018 – Dec 2024
Median value kr28.4m Dec 2018 – Dec 2024
Highest value kr39.3m Dec 2022
Lowest value kr8.2m Dec 2024
Largest annual decline -kr23.1m (-58.7%) Dec 2022 – Dec 2023

Codelab Capital AS
R&D Peer Comparison

Codelab Capital AS
Income Statement

NOK
Metric FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Revenue
71.9m 114.8m 139.8m 208.6m 194.6m 59.2m 249.4k
Cost of Revenue
(20.6m) (20.2m) (22.8m) (32.2m) (32.3m) (8.8m) (1.9m)
Gross Profit
51.3m 94.6m 117m 176.5m 162.3m 50.4m (1.6m)
Operating Expenses
(132.9m) (134.5m) (158.1m) (270.7m) (313.2m) (162m) (75.9m)
Selling, General & Administrative
(73.3m) (73.7m) (83.2m) (115.2m) (141.9m) (68.9m) (35.5m)
R&D
35m 27.6m 31.4m 28.4m 39.3m 16.2m 8.2m
Depreciation & Amortization
(38.4m) (57.4m) (73m) (106.8m) (120.9m) (42.4m) (17.5m)
Other Operating Expenses
(56.2m) (31m) (33.4m) (77.1m) (89.8m) (66.9m) (31m)
Operating Income
(81.6m) (39.9m) (41.2m) (94.2m) (150.9m) (111.6m) (77.5m)
Net Interest Income (Expense)
(7m) (14.4m) (13.6m) (17.2m) (20.2m) (4.1m) 349.1k
Interest Expense
7.2m 14.6m 14.4m 18.5m 29.2m 13.3m 67k
Non-Recurring Items
— — — — — 163.3m (74.7m)
Total Other Income
(8.4m) (1.6m) 18m (800k) (5.3m) (20.3m) 1m
Pre-Tax Income
(97.1m) (55.9m) (36.8m) (112.2m) (176.5m) 27.3m (150.9m)
Tax Provision
5.4m 10m 13.4m 20.4m 20.2m 2.8m —
Income from Continuing Operations
(91.6m) (45.9m) (23.5m) (91.8m) (156.3m) 30m (150.9m)
Net Income
(91.6m) (45.9m) (23.5m) (91.8m) (156.3m) 30m (150.9m)
EPS (Diluted)
(26.34) (13.20) (5.90) (23.08) (39.29) 7.55 (22.07)

Codelab Capital AS
Glance View

Market Cap
108.6m NOK
Industry
Health Care

CodeLab Capital AS operates as a cloud based SaaS (Software as a Service), PaaS (Platform asa Service) and IaaS (Infrastructure as a Service) company. The company is headquartered in Oslo, Oslo and currently employs 200 full-time employees. The company went IPO on 2020-10-23. The firm is developing eHealth solutions for global healthcare and offers both Software-as-aService (SaaS), Platform-as-a-Service (PaaS) and Value-Added Services (VAS) solutions to healthcare providers and their patients. The firm's main products are the PatientSky 360 Platform, electronic health record systems and medication modules. The PatientSky 360 Platform is the core of the group's business, and is a platform that provides all the necessary building blocks for internally and partner developed modules of scalable healthcare software.

CODE Intrinsic Value
kr2.57
Overvaluation 53%
Intrinsic Value
Price kr5.5
C
What is Intrinsic Value?

What is Codelab Capital AS's R&D?
R&D
8.2m NOK

Based on the financial report for Dec 31, 2024, Codelab Capital AS's R&D amounts to 8.2m NOK.

What is Codelab Capital AS's R&D growth rate?
R&D CAGR 5Y
-22%

Over the last year, the R&D growth was -50%. The average annual R&D growth rates for Codelab Capital AS have been -34% over the past three years , -22% over the past five years .

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