HansaMatrix AS

  • TickerHMX1R
  • ISINLV0000101590
  • ExchangeNasdaq Baltic Riga
  • SectorSoftware & Computer Services
  • CountryLatvia
HMX1R HANSAMATRIX AS (Technology)

HansaMatrix AS: 1 director

A director at HansaMatrix AS sold 14,702 shares at 10.113EUR and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, August 9th, 2021

* On 6th August, HansaMatrix (HMX1R LR) announced that it had signed a new notable manufacturing contract to supply human-machine interface electronic devices to an industrial sector customer located in Germany. While we are glad to see the Group being able to expand its client portfolio in the industrial segment and further diversify its revenue base, the gradual increase in the core production volumes is quite expected, and we do not plan to make any major adjustments to our medium-term revenue projections at this stage. * Mostly due to the developments at LightSpace and its expected growing...

Shana Gavron
  • Shana Gavron
KNF1L Klaipedos Nafta... (Industrial Goods & Services)
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, July 8th, 2021

* Considering the pandemic-related uncertain economic developments, similar to the disclosure practice used throughout 2020, HansaMatrix (HMX1R LR) announced its preliminary quarterly sales figures ahead of the publishing of the full Q2 2021 report scheduled for 13th August. According to the announcement, HMX recorded preliminary revenues of EUR 5.98m for Q2 2021, expanding 13.1% y-o-y and 2.6% q-o-q. We continue to believe that there is a strong potential to be exploited in terms of HMX’s core operations, as well as the development of LightSpace, which is about to monetise its novel technolog...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional 'HansaMatrix (HMX1R LR) Company Update, May 27th, 20...

* HansaMatrix is a Latvian manufacturing company active in the engineering and electronics sector. The Group owns modern, highly automated production and engineering facilities in Latvia and is seeking to expand its operations further. It mostly serves European business customers in the Baltics and Northern Europe. * We valued HMX using a combination of income (discounted cash flow) and market (peer valuation using guideline public companies method) approaches. We have used the weighted average of values derived from the DCF and peer group multiples, applying different weights to each method. ...

Bram Buring ... (+2)
  • Bram Buring
  • CFA
HMX1R HANSAMATRIX AS (Technology)

WOOD Flash – HansaMatrix: sees supply disruptions running into 2H21E

The key takeaway from HansaMatrix’s 4Q20 numbers and the discussion on the 2021E outlook is that the supply bottlenecks seen in 4Q are likely to remain an issue into the second half of the year, with negative implications for our FY21E numbers. In particular, constraints are also affecting the deliveries of data network infrastructure equipment, which we had expected to provide c.40% of the top-line growth, when demand is quite strong otherwise. Our impression is that the orders remain firm, but deliveries may run into the first part of 2022E. The deliveries of LightSpace headsets – a key piec...

HMX1R HANSAMATRIX AS (Technology)

HansaMatrix AS: 1 director

A director at HansaMatrix AS sold 14,702 shares at 10.113EUR and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, August 9th, 2021

* On 6th August, HansaMatrix (HMX1R LR) announced that it had signed a new notable manufacturing contract to supply human-machine interface electronic devices to an industrial sector customer located in Germany. While we are glad to see the Group being able to expand its client portfolio in the industrial segment and further diversify its revenue base, the gradual increase in the core production volumes is quite expected, and we do not plan to make any major adjustments to our medium-term revenue projections at this stage. * Mostly due to the developments at LightSpace and its expected growing...

Shana Gavron
  • Shana Gavron
KNF1L Klaipedos Nafta... (Industrial Goods & Services)
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, July 8th, 2021

* Considering the pandemic-related uncertain economic developments, similar to the disclosure practice used throughout 2020, HansaMatrix (HMX1R LR) announced its preliminary quarterly sales figures ahead of the publishing of the full Q2 2021 report scheduled for 13th August. According to the announcement, HMX recorded preliminary revenues of EUR 5.98m for Q2 2021, expanding 13.1% y-o-y and 2.6% q-o-q. We continue to believe that there is a strong potential to be exploited in terms of HMX’s core operations, as well as the development of LightSpace, which is about to monetise its novel technolog...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional 'HansaMatrix (HMX1R LR) Company Update, May 27th, 20...

* HansaMatrix is a Latvian manufacturing company active in the engineering and electronics sector. The Group owns modern, highly automated production and engineering facilities in Latvia and is seeking to expand its operations further. It mostly serves European business customers in the Baltics and Northern Europe. * We valued HMX using a combination of income (discounted cash flow) and market (peer valuation using guideline public companies method) approaches. We have used the weighted average of values derived from the DCF and peer group multiples, applying different weights to each method. ...

Bram Buring ... (+2)
  • Bram Buring
  • CFA
HMX1R HANSAMATRIX AS (Technology)

WOOD Flash – HansaMatrix: sees supply disruptions running into 2H21E

The key takeaway from HansaMatrix’s 4Q20 numbers and the discussion on the 2021E outlook is that the supply bottlenecks seen in 4Q are likely to remain an issue into the second half of the year, with negative implications for our FY21E numbers. In particular, constraints are also affecting the deliveries of data network infrastructure equipment, which we had expected to provide c.40% of the top-line growth, when demand is quite strong otherwise. Our impression is that the orders remain firm, but deliveries may run into the first part of 2022E. The deliveries of LightSpace headsets – a key piec...

HMX1R HANSAMATRIX AS (Technology)

HansaMatrix AS: 1 director

A director at HansaMatrix AS sold 14,702 shares at 10.113EUR and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, August 9th, 2021

* On 6th August, HansaMatrix (HMX1R LR) announced that it had signed a new notable manufacturing contract to supply human-machine interface electronic devices to an industrial sector customer located in Germany. While we are glad to see the Group being able to expand its client portfolio in the industrial segment and further diversify its revenue base, the gradual increase in the core production volumes is quite expected, and we do not plan to make any major adjustments to our medium-term revenue projections at this stage. * Mostly due to the developments at LightSpace and its expected growing...

Shana Gavron
  • Shana Gavron
KNF1L Klaipedos Nafta... (Industrial Goods & Services)
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, July 8th, 2021

* Considering the pandemic-related uncertain economic developments, similar to the disclosure practice used throughout 2020, HansaMatrix (HMX1R LR) announced its preliminary quarterly sales figures ahead of the publishing of the full Q2 2021 report scheduled for 13th August. According to the announcement, HMX recorded preliminary revenues of EUR 5.98m for Q2 2021, expanding 13.1% y-o-y and 2.6% q-o-q. We continue to believe that there is a strong potential to be exploited in terms of HMX’s core operations, as well as the development of LightSpace, which is about to monetise its novel technolog...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional 'HansaMatrix (HMX1R LR) Company Update, May 27th, 20...

* HansaMatrix is a Latvian manufacturing company active in the engineering and electronics sector. The Group owns modern, highly automated production and engineering facilities in Latvia and is seeking to expand its operations further. It mostly serves European business customers in the Baltics and Northern Europe. * We valued HMX using a combination of income (discounted cash flow) and market (peer valuation using guideline public companies method) approaches. We have used the weighted average of values derived from the DCF and peer group multiples, applying different weights to each method. ...

Bram Buring ... (+2)
  • Bram Buring
  • CFA
HMX1R HANSAMATRIX AS (Technology)

WOOD Flash – HansaMatrix: sees supply disruptions running into 2H21E

The key takeaway from HansaMatrix’s 4Q20 numbers and the discussion on the 2021E outlook is that the supply bottlenecks seen in 4Q are likely to remain an issue into the second half of the year, with negative implications for our FY21E numbers. In particular, constraints are also affecting the deliveries of data network infrastructure equipment, which we had expected to provide c.40% of the top-line growth, when demand is quite strong otherwise. Our impression is that the orders remain firm, but deliveries may run into the first part of 2022E. The deliveries of LightSpace headsets – a key piec...

HMX1R HANSAMATRIX AS (Technology)

HansaMatrix AS: 1 director

A director at HansaMatrix AS sold 14,702 shares at 10.113EUR and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, August 9th, 2021

* On 6th August, HansaMatrix (HMX1R LR) announced that it had signed a new notable manufacturing contract to supply human-machine interface electronic devices to an industrial sector customer located in Germany. While we are glad to see the Group being able to expand its client portfolio in the industrial segment and further diversify its revenue base, the gradual increase in the core production volumes is quite expected, and we do not plan to make any major adjustments to our medium-term revenue projections at this stage. * Mostly due to the developments at LightSpace and its expected growing...

Shana Gavron
  • Shana Gavron
KNF1L Klaipedos Nafta... (Industrial Goods & Services)
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional Baltic Insight, July 8th, 2021

* Considering the pandemic-related uncertain economic developments, similar to the disclosure practice used throughout 2020, HansaMatrix (HMX1R LR) announced its preliminary quarterly sales figures ahead of the publishing of the full Q2 2021 report scheduled for 13th August. According to the announcement, HMX recorded preliminary revenues of EUR 5.98m for Q2 2021, expanding 13.1% y-o-y and 2.6% q-o-q. We continue to believe that there is a strong potential to be exploited in terms of HMX’s core operations, as well as the development of LightSpace, which is about to monetise its novel technolog...

Shana Gavron
  • Shana Gavron
HMX1R HANSAMATRIX AS (Technology)

LHV Institutional 'HansaMatrix (HMX1R LR) Company Update, May 27th, 20...

* HansaMatrix is a Latvian manufacturing company active in the engineering and electronics sector. The Group owns modern, highly automated production and engineering facilities in Latvia and is seeking to expand its operations further. It mostly serves European business customers in the Baltics and Northern Europe. * We valued HMX using a combination of income (discounted cash flow) and market (peer valuation using guideline public companies method) approaches. We have used the weighted average of values derived from the DCF and peer group multiples, applying different weights to each method. ...

Bram Buring ... (+2)
  • Bram Buring
  • CFA
HMX1R HANSAMATRIX AS (Technology)

WOOD Flash – HansaMatrix: sees supply disruptions running into 2H21E

The key takeaway from HansaMatrix’s 4Q20 numbers and the discussion on the 2021E outlook is that the supply bottlenecks seen in 4Q are likely to remain an issue into the second half of the year, with negative implications for our FY21E numbers. In particular, constraints are also affecting the deliveries of data network infrastructure equipment, which we had expected to provide c.40% of the top-line growth, when demand is quite strong otherwise. Our impression is that the orders remain firm, but deliveries may run into the first part of 2022E. The deliveries of LightSpace headsets – a key piec...

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