Arcure : Full-year results in the black
>Net profit at breakeven for the first time since the IPO - This morning, Arcure published FY 2022 results that beat our forecasts. For sales (already published) of € 13m, up 25% y-o-y, the gross margin was stable at 51%. The increase in opex was controlled thus enabling the group to generate operational leverage: EBITDA improved significantly to achieve € 1.1m, i.e. a margin of 8.4% (vs our forecast of € 0.9m est., i.e. 7.3%e). EBIT was positive at € 0.2m (vs -€ 0.4...Arcure SA is a France-based company specialized in the technology sector. The Company develops a range of solutions for enhancing the autonomy of industrial machinery. Arcure SA serves companies operating within construction, transport, tunnels or urban cleanup, logistics and the mining sector. Its portfolio includes two main products: Blaxtair and Omega. Blaxtair offers solutions for securing the perimeter around mobile industrial machinery and robots by preventing collision in working environments. Omega is an advanced stereoscopic camera calculating the disparity map by providing metadata to the user. Additionally, thanks to its two sensors, Omega provides the disparity map and raw images at 20 frames per seconds. Apart from France, the Company also operates in a number of countries, which includes Japan, Chile and England, among others.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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