OTELLO CORPORATION ASA
Sector unknown·OTEC · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Equity and capital markets
Macro
DriverNegative impact: weakens
“An unfavorable movement in FUTURE the share price of Bemobi resulted in the recognition of Otello remains the biggest shareholder in Bemobi, is posan impairment loss of USD 19,356 thousand, and accord- itive about the prospects of the business and actively ingly an operating loss of USD 16,260 thousand (2023: supports Bemobi.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Going forward, the goal is to maximize the value of our remaining asset RETURNING CASH TO SHAREHOLDERS The Company’s main goal is to maximize the value of its and continue to aggressively return cash to shareholdremaining asset, its stake in Bemobi, and return cash to ers, most likely through a combination of share buybacks its shareholders. During 2024, the Company continued to and dividends. buy back shares, and a total of USD 3,066 thousand in cash was returned to shareholders through the acquisition of 4,313,200 shares.”
Annual report 2024A · The company itself
M&A and consolidation
Macro
Market
“The shares in Bemobi are held through Otello Technology Investment AS, a wholly owned subsidiary of Otello Cor- Share Buyback Program poration ASA. Otello holds the chairmanship of Bemobi During 2024, Otello purchased 4,313,200 (2023: 3,180,027) with Otello’s former CEO Lars Boilesen.”
Annual report 2024A · The company itself
Asia and emerging markets
Geography
Geography
“After the IPO of Bemobi and the -$2,075 thousand (2023: -$3,310 thousand). Cash flow sale of AdColony in 2021, Otello's remaining main asset is from investing activities amounted to $2,826 thousand its 38.2% ownership in Bemobi Mobile Tech S.A (“Bemo- in 2024, vs $2,191 thousand in 2023, comprising a divbi”), a public company listed on the Bovespa exchange idend received from Bemobi.”
Annual report 2024A · The company itself
China
Geography
Geography
“After the IPO of Bemobi and the -$2,075 thousand (2023: -$3,310 thousand). Cash flow sale of AdColony in 2021, Otello's remaining main asset is from investing activities amounted to $2,826 thousand its 38.2% ownership in Bemobi Mobile Tech S.A (“Bemo- in 2024, vs $2,191 thousand in 2023, comprising a divbi”), a public company listed on the Bovespa exchange idend received from Bemobi.”
Annual report 2024A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0 bn USD |
| Revenue growth vs. the year before, same method | N/A |
| EBITDA reported by the company | -0.02 bn USD |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | N/A |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | N/A |
| Growing | N/A |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in the report's original language.