Last 0.77 NOK
Change Today +0.04 / 5.48%
Volume 13.7M
WEIFA On Other Exchanges
Symbol
Exchange
Frankfurt
OTC US
As of 10:25 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

weifa asa (WEIFA) Snapshot

Open
0.76 NOK
Previous Close
0.73 NOK
Day High
0.78 NOK
Day Low
0.74 NOK
52 Week High
08/12/14 - 0.90 NOK
52 Week Low
01/29/14 - 0.30 NOK
Market Cap
1.2B
Average Volume 10 Days
6.9M
EPS TTM
0.11 NOK
Shares Outstanding
1.6B
EX-Date
--
P/E TM
6.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for WEIFA ASA (WEIFA)

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weifa asa (WEIFA) Details

Weifa ASA operates in the marine and offshore, and healthcare sectors. The company provides specialist marine and engineering consultancy services for the offshore oil and gas industry, including concept, FEED, and basic design engineering services for upgrades and conversion of jack-ups, FPSOs, and rigs; and marine warranty, transportation and installation, rig moving, dynamic positioning, construction supervision, and due diligence services. It also develops and sells drugs comprising CP-4200, a LVT derivative of azacytidine, which pre-dominantly acts as a modifier of gene expression; and CP-4033, a ribavirin elaidate, the LVT derivative of ribavirin that is in pre-clinical development for aggressive thyroid cancer. The company was formerly known as Aqualis ASA and changed its name to Weifa ASA in August 2014. Weifa ASA was founded in 2001 and is based in Oslo, Norway.

78 Employees
Last Reported Date: 04/29/14
Founded in 2001

weifa asa (WEIFA) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 1.8M NOK
Chief Financial Officer
Total Annual Compensation: 1.4M NOK
Chief Business Officer
Total Annual Compensation: 1.0M NOK
Compensation as of Fiscal Year 2013.

weifa asa (WEIFA) Key Developments

Weifa ASA Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Weifa ASA announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenue and income was NOK 63,854,000 compared to NOK 2,993,000 for the same period a year ago. LBITDA was NOK 30,036,000 compared to NOK 3,500,000 for the same period a year ago. Adjusted LBITDA was NOK 336,000 compared to NOK 3,500,000 for the same period a year ago. Profit from continuing operations was NOK 184,603,000 compared to loss before tax from continuing operations of NOK 3,067,000 for the same period a year ago. Net interest bearing debt as at Sep. 30, 2014 was NOK 223,064,000. Operating loss was NOK 33,626,000 compared to NOK 3,500,000 for the same period a year ago. Loss before tax from continuing operations was NOK 35,647,000 compared to NOK 3,067,000 for the same period a year ago. Profit for the period was NOK 184,603,000 or NOK 0.4 per basic and diluted share compared to loss of NOK 3,067,000 or NOK 0.1 per basic and diluted share for the same period a year ago. Net cash used in operating activities was NOK 25,706,000 compared to NOK 21,922,000 for the same period a year ago. Purchase of equipment for the period and comparative periods were nil. The decrease in revenue was related to the timing of large individual B2B sales and was partly offset by strong sales in consumer health. Increase of EBITDA was driven by strong result in consumer health. For the nine months, the company reported total revenue and income was NOK 63,410,000 compared to NOK 3,785,000 for the same period a year ago. LBITDA was NOK 37,756,000 compared to NOK 85,384,000 for the same period a year ago. Adjusted LBITDA was NOK 8,056,000 compared to NOK 85,384,000 for the same period a year ago. Profit from continuing operations was NOK 179,504,000 compared to loss before tax from continuing operations of NOK 83,653,000 for the same period a year ago. Total interest bearing debt amounted to NOK 462.8 million at 30 September 2014. The Group had no interest bearing debt at 30 September 2013. Operating loss was NOK 41,346,000 compared to NOK 87,486,000 for the same period a year ago. Loss before tax from continuing operations was NOK 40,746,000 compared to NOK 83,653,000 for the same period a year ago. Profit for the period was NOK 177,860,000 or NOK 0.5 per diluted share compared to loss of NOK 83,653,000 or NOK 3.0 per basic and diluted share for the same period a year ago. Net cash used in operating activities was NOK 28,201,000 compared to NOK 140,027,000 for the same period a year ago. Purchase of equipment for the period and comparative periods were nil.

Weifa ASA, Q3 2014 Earnings Call, Oct 22, 2014

Weifa ASA, Q3 2014 Earnings Call, Oct 22, 2014

Weifa Eyes Acquisitions

Weifa ASA (OB:WEIFA) is eyeing takeover targets as it aims to expands its business, Kjell-Erik Nordby, Chief Executive Officer of Weifa, said as quoted by Reuters. Scandinavia is the main region where Weifa considers widening its scope, according to the firm. A possible acquisition could be of a company with the size of Weifa, Nordby told the news agency. Kjell-Erik further noted that there are big growth ambitions for the company that was not easy with the old ownership structure.

 

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WEIFA

Industry Average

Valuation WEIFA Industry Range
Price/Earnings 1.0x
Price/Sales 3.8x
Price/Book 0.9x
Price/Cash Flow 5.7x
TEV/Sales 4.0x
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