Strongpoint ASA
OSE:STRO
Strongpoint ASA
StrongPoint ASA engages in the development, production, integration and marketing of technology solutions. The company is headquartered in Raelingen, Akershus and currently employs 400 full-time employees. The company went IPO on 2001-06-11. The firm offers in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and, grocery order picking solutions. The group is divided into two business areas. Retail Technology develops and sells technology solutions that aim to streamline store operations, enable E-commerce logistics, and simplify the shopping experience. Labels is involved in the design and production of adhesive labels. The firm operates in over 20 countries.
StrongPoint ASA engages in the development, production, integration and marketing of technology solutions. The company is headquartered in Raelingen, Akershus and currently employs 400 full-time employees. The company went IPO on 2001-06-11. The firm offers in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and, grocery order picking solutions. The group is divided into two business areas. Retail Technology develops and sells technology solutions that aim to streamline store operations, enable E-commerce logistics, and simplify the shopping experience. Labels is involved in the design and production of adhesive labels. The firm operates in over 20 countries.
Revenue: Q4 revenue was NOK 342 million, up 1% year-on-year, marking a flat quarter with growth in international markets offset by declines in Norway and Sweden.
EBITDA: Q4 EBITDA was negative NOK 5 million, but adjusting for NOK 7 million in one-off costs, EBITDA was NOK 2 million. Full-year EBITDA improved to NOK 26 million, or NOK 33 million excluding one-offs.
Recurring Revenue: Recurring revenue grew 7% year-on-year to NOK 385 million, largely from order picking licenses and service agreements.
Cash Flow: Operating cash flow was NOK 2 million for Q4, and year-end cash position increased to NOK 99 million.
Strategic Shift: Company is transitioning recurring revenue from Pricer to Vusion, with Vusion installation work already contributing comparable gross profit.
Outlook: Management reaffirms a medium/long-term target of healthy revenue growth and EBITDA margin above 10%, but cautions about short-term fluctuations.
