companyName

extensiveId

feedTypes

includeDividend

includeEstimates

includeOverview

includeOwnership

snapshotDate

CompanyName_Query

companySlug

CompanyMetaData

CompanyContent_query

company

query CompanyName_Query(
  $companyName: String!
  $extensiveId: ID
  $snapshotDate: String
  $feedTypes: [ContentType!]!
  $includeEstimates: Boolean!
  $includeOverview: Boolean!
  $includeOwnership: Boolean!
  $includeDividend: Boolean!
) {
  ...CompanyMetaData_Ux1x9
  ...CompanyContent_query_3mc3wd
}

fragment AnalystData on Analyst {
  name
  pageUrl
  jobTitle
  imgUrl
}

fragment AuthorList on Content {
  __isContent: __typename
  id
  authors {
    __typename
    id
    name
    pageUrl
  }
}

fragment ChangePercentBlock_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      diff1mPercentage
      diff1yPercentage
      diff3yPercentage
      diffFromStartPercentage
    }
    id
  }
}

fragment CompactFeed_3NXCcw on Query {
  compactFeed: feedContent(companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...TeaserExtraCompact_content
        createdAt
        companies {
          viewerIsFollowing
          id
        }
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment CompanyAnalystQuery on Company {
  analysts {
    ...AnalystData
    name
    pageUrl
    jobTitle
    imgUrl
    id
  }
}

fragment CompanyContent_query_3mc3wd on Query {
  ...CompanyHeader_query_Ux1x9
  ...CompanyOwnership_query_Ux1x9 @include(if: $includeOwnership)
  ...CompanyFinancials_query_Ux1x9 @include(if: $includeEstimates)
  ...CompanyDividend_query_Ux1x9 @include(if: $includeDividend)
  ...CompanyInvestorConsensus_query_Ux1x9
  ...CompanyPageTop_query_Ux1x9 @include(if: $includeOverview)
  ...CompanyPageBottom_query_2bVJwf @include(if: $includeOverview)
  ...CompanyDisclaimer_query_Ux1x9
  ...Extensive_query_3u4Ry5
}

fragment CompanyCoverage_Company on Company {
  analysts {
    name
    id
  }
  isPayingCustomerOf
  isFormerCustomerOf
  isCorporateCustomer
  ...CompanyAnalystQuery
  defaultInstrument {
    ...TargetAndRecommendation_Company
    id
  }
}

fragment CompanyDescription_Company on Company {
  description
  websiteUrl
  name
}

fragment CompanyDisclaimer_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    isPayingCustomerOf
    isFormerCustomerOf
    id
  }
}

fragment CompanyDividendER_query on Company {
  name
  defaultInstrument {
    estimateData {
      reportingCurrency
    }
    dividendTransactions: estimateTransactions(first: 1, includeQuarters: false) {
      actualized {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
      estimates {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
    }
    id
  }
}

fragment CompanyDividendNonER_query on Company {
  name
  defaultInstrument {
    nonERDividendSet: nonERCompanyNumberSet(includeQuarters: false) {
      year
      dividend
      dividendYield
      epsReported
      sharePrice
      currency
    }
    id
  }
}

fragment CompanyDividend_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...CompanyDividendER_query
    ...CompanyDividendNonER_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyFinancials_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...NonERCompanyNumbers_query
    ...CompanyNumbers_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyHeader_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    id
    companyInsref
    name
    viewerIsFollowing
    followersCount
    isCorporateCustomer
    hasPinpointData
    hasDividendHistory
    sector {
      sectorname
      industry
    }
    regions
    extensiveExists
    defaultInstrument {
      symbol
      priceData {
        tradeCurrency
        lastPrice
        diff1dPercentage
      }
      marketplace {
        name
      }
      estimates: estimateTransactions(first: 1, includeQuarters: false) {
        date
      }
      nonERCompanyNumberSet(first: 1, includeQuarters: false) {
        year
      }
      id
    }
    topOwners {
      holders {
        name
      }
    }
    transactions: insiderTransactions(filter: {types: [BUY, SELL, SUBSCRIPTION]}) {
      edges {
        node {
          date
          id
        }
      }
    }
  }
}

fragment CompanyInsiderTransactions on Company {
  name
  regions
  insiderTransactions(filter: {types: [BUY, EXERCISE_OF_SHARE_OPTION, PLEDGE, RECEPTION_OF_SHARE_PREMIUM, SELL, SUBSCRIPTION]}) {
    edges {
      node {
        insider
        position
        volume
        price
        date
        unit
        type
        relatedParty
        id
      }
    }
  }
}

fragment CompanyInvestorConsensus_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    companyInsref
    id
  }
}

fragment CompanyMetaData_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    description
    pageUrl
    defaultInstrument {
      estimateData {
        modelType
      }
      id
    }
    id
  }
}

fragment CompanyName_Slug on Company {
  slug
}

fragment CompanyNumbers_query on Company {
  name
  defaultInstrument {
    estimateData {
      modelType
      reportingCurrency
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      comparisonIndexName
      actualized {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
    }
    id
  }
}

fragment CompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      companyTransactions: estimateTransactions(first: 1, includeQuarters: false) {
        actualized {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
        estimates {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
      }
      id
    }
    id
  }
}

fragment CompanyOwners on Company {
  regions
  topOwners {
    recordDate
    compareDate
    source
    holders {
      name
      capitalPercent
      votingPowerPercent
      positionChange
      totalSharesChange
      shareChange
      isNew
      isRemoved
    }
  }
}

fragment CompanyOwnership_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    ...CompanyOwners
    ...CompanyInsiderTransactions
    id
  }
}

fragment CompanyPageBottom_query_2bVJwf on Query {
  ...GeneralFeed_data_3NXCcw
  ...CompactFeed_3NXCcw
  ...UpcomingEventsQuery_Ux1x9
  ...RiskRecommendMatrix_query_Ux1x9
  ...CompanyOverviewGraphs_query_Ux1x9
  ...NonERCompanyOverviewGraphs_query_Ux1x9
  company(companySlug: $companyName) {
    companyInsref
    ...ForumUpdates_Company
    defaultInstrument {
      coreId
      id
    }
    id
  }
  allFeed: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  main: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT, ANALYST_COMMENT, VIDEO, ARTICLE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  webcasts: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [WEBCAST]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  thirdPartyResearch: feedContent(first: 1, companySlug: $companyName, filter: {types: [THIRD_PARTY_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  releases: feedContent(first: 1, companySlug: $companyName, filter: {types: [STOCK_EXCHANGE_RELEASE, PRESS_RELEASE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyPageTop_query_Ux1x9 on Query {
  ...StockChart_ChartQuery_Ux1x9
  ...LatestReports_query_Ux1x9
  company(companySlug: $companyName) {
    isFund
    name
    ...CompanyCoverage_Company
    ...CompanyName_Slug
    ...CompanyDescription_Company
    ...FundNumbers_Company
    ...ChangePercentBlock_Company
    ...KeyEstimateFigures_Company
    ...InvestmentCompanyKeyFigures_Company
    defaultInstrument {
      id
      estimateData {
        modelType
      }
    }
    analysts {
      name
      id
    }
    id
  }
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment Extensive_query_3u4Ry5 on Query {
  company(companySlug: $companyName) {
    extensive(extensiveId: $extensiveId, snapshotDate: $snapshotDate) {
      publishedAt
      pageUrl
      content {
        id
        title
        lang
        slug
        htmlBody
        publishedAt
        createdAt
        changedAt
        isOutdated
      }
    }
    id
  }
}

fragment ForumUpdates_Company on Company {
  name
  forum {
    threadUrl
    highlightedPosts {
      url
      author
      authorImgUrl
      text
      postedAt
      likesCount
    }
  }
}

fragment FundNumbers_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      lastPrice
      ath
    }
    id
  }
}

fragment GeneralFeed_data_3NXCcw on Query {
  generalFeed: feedContent(first: 20, companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...Teaser_content
        ...TeaserCompact_content
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment InvestmentCompanyKeyFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
    }
    estimateData {
      modelType
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      actualized {
        year
        quarter
        sharesTotal
        marketCap
        nav
        navPerShare
        dividendYield
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        dividendYield
      }
    }
    id
  }
}

fragment KeyEstimateFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
      lastPrice
      marketCap
    }
    sector
    fundamentalData {
      ebit
      eps
      sales
      dividend
    }
    estimateData {
      modelType
      estimates {
        firstEstimateYear {
          year
          bookValue
          netSales
          dividendA
          epsAdjusted
          ebitAdjusted
          hybridLoan
          noOfShares
          netDebt
          mvMinorities
          mvAssociated
          roePercent
        }
      }
    }
    estimatesSharePrice: estimateTransactions(first: 1) {
      estimates {
        sharePrice
      }
    }
    id
  }
}

fragment LatestReports_query_Ux1x9 on Query {
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
}

fragment NonERCompanyNumbers_query on Company {
  name
  defaultInstrument {
    nonERNumberSet: nonERCompanyNumberSet(includeQuarters: true) {
      year
      quarter
      revenue
      ebitda
      ebitReported
      epsReported
      dividend
      sharesTotal
      roe
      roi
      enterpriseValue
      marketCap
      gearingRatio
      equityRatio
      dividendYield
      sharePrice
      currency
      evSales
      evEbitda
      evEbit
      pb
      netIncome
      ptp
    }
    id
  }
}

fragment NonERCompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      overviewGraphsData: nonERCompanyNumberSet(includeQuarters: false) {
        year
        revenue
        ebitReported
        epsReported
        dividend
        dividendYield
        currency
      }
      id
    }
    id
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment RiskRecommendMatrix_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      riskData: estimateTransactions(first: 1) {
        businessRisk
        valuationRisk
      }
      id
    }
    id
  }
}

fragment StockChart_ChartQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    isFund
    defaultInstrument {
      coreId
      id
      marketOpen
      marketClose
      marketplace {
        region
      }
      priceData {
        lastPrice
      }
      returns {
        day
        week
        month
        threeMonths
        sixMonths
        year
        threeYears
        fiveYears
        tenYears
        ytd
        total
      }
    }
    id
  }
}

fragment TargetAndRecommendation_Company on Instrument {
  estimateData {
    modelType
    researchCurrency
    estimates {
      date
      recommendation
      targetPrice
    }
  }
}

fragment TeaserCompact_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  isPremium
  pageUrl
  lang
  companies {
    ...CompanyTagList
    id
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  ...AuthorList
}

fragment TeaserExtraCompact_content on Content {
  __isContent: __typename
  id
  title
  createdAt
  pageUrl
  lang
  companies {
    name
    pageUrl
    viewerIsFollowing
    id
  }
}

fragment Teaser_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  pageUrl
  imgUrl
  isPremium
  lang
  companies {
    ...CompanyTagList
    id
  }
  publishers {
    imgUrl
  }
  authors {
    __typename
    id
  }
  ... on AnalystComment {
    preview
  }
  ... on Article {
    preview
  }
  ... on CompanyReport {
    preview
  }
  ... on ThirdPartyCompanyReport {
    preview
  }
  ... on QA {
    preview
  }
  ... on Video {
    preview
    liveTime
    videoDuration
  }
  ... on Webcast {
    preview
    liveTime
  }
  ...AuthorList
  ...Reactions
}

fragment UpcomingEventsQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      calendarEvents(first: 10) {
        edges {
          node {
            date
            type
            period
            id
          }
        }
      }
      id
    }
    id
  }
}


name

description

pageUrl

defaultInstrument

companyInsref

viewerIsFollowing

followersCount

isCorporateCustomer

hasPinpointData

hasDividendHistory

sector

regions

extensiveExists

topOwners

insiderTransactions

isPayingCustomerOf

isFormerCustomerOf

extensive

feedContent

Cambi

CAMBI: Cambi signs large THP contract for Blackburn bioresources hub in Lancashire, UK

CAMBI: Cambi signs large THP contract for Ellesmere Port bioresources hub in Cheshire, UK

Cambi ASA: Fourth-quarter and full-year results 2025

CAMBI: Invitation to the presentation of Cambi ASA's results for the fourth quarter and full year 2025

CAMBI: Cambi signs THP engineering contract with PC Construction for a project in Virginia, USA

CAMBI: Cambi signs lease agreement for a THP unit with Thames Water in Oxford

CAMBI: Grønn Vekst awarded large contract for garden waste and biosolids handling in Western Norway

CAMBI: Cambi and NCC Sign Letter of Intent for THP Delivery at Malad Mumbai

CAMBI: Financial calendar

CAMBI: CNP CYCLES awarded a contract in Italy

Cambi ASA: CFO on paternity leave - appointed Acting CFO

Cambi ASA: Ex dividend NOK 0.45 today

Cambi ASA: Third-quarter results 2025

CAMBI: Key information relating to an additional dividend to be paid by Cambi ASA

CAMBI: Invitation to the presentation of Cambi ASA's results for the third quarter of 2025

CAMBI: Grønn Vekst awarded major contract for municipal biosolids treatment in South-Eastern Norway

Cambi ASA: Second-quarter results 2025 

CAMBI: Cambi partners with CNP CYCLES GmbH to expand its technology portfolio and strengthen its market presence in Germany

CAMBI: Invitation to the presentation of Cambi ASA's results for the second quarter of 2025

Cambi ASA: First-quarter results 2025

Cambi ASA: Ex dividend NOK 0.30 today

CAMBI: Invitation to the presentation of Cambi ASA's results for the first quarter of 2025

Cambi ASA: Minutes of annual general meeting 2025

CAMBI: Notice of annual general meeting 2025 in Cambi ASA (correction)

Cambi ASA: Key information relating to a proposed capital repayment

Euronext Growth Oslo

Cambi is a Norwegian company operating in the energy sector. The company is a developer of technological systems and processes used to break down various waste and sludge. The technology is mainly used for wastewater treatment and for handling food waste, which is later broken down into biogas. The business is operated through several production facilities around the Nordic home market.

Let’s continue the monologue in this thread in case someone ever gets interested in the company. Cambi published its Q1 results a couple of weeks ago.           143588439.fs1.hubspotusercontent-eu1.net              cambi-q1-2025-report.pdf    6.06 MB                            Revenue grew only slightly from a weak year ago, and after personnel investments, this is also reflected in poor profitability.    Edit: Chart updated The company commented that the stagnation is due to delayed projects:  “On several projects, delays in workstreams outside Cambi’s scope resulted in limited or no registered progress during the period.” There are a total of 17 projects underway, and for 5 additional projects, the client’s green light is awaited. A couple of projects are on the drawing board. Four new orders were received, but they were small enough that the order backlog continued to decline. However, there is a record number of projects in the pipeline awaiting completion, so revenue should be forthcoming. (Accumulated revenue in the chart)   The share price took a hit immediately after the release but recovered quite quickly, probably as soon as investors had time to sift through the end of the report, where the revenue in the pipeline is announced. Of course, trading volume has been very low and spreads wide.    Over the last year, the share price development has been quite good, so apparently, a certain group of investors still has confidence in the company.   No new report was published by DNB, and the target price of 24 NOK announced in the earnings forecast has remained. The company commented on U.S. tariffs during the earnings call as follows: “Manufacturing continued in San Francisco, Louisville, Perth, Wellington, and Lviv. For the U.S. projects, part of the scope is manufactured locally to avoid the recently introduced tariffs.” “Project milestone delays are still deferring some revenue recognition. We do, however, expect delays in project execution in quarter 1 to end and progress to be resumed in the coming quarters of 2025. In the U.S., the introduction of tariffs in April has created additional uncertainty. The latest announcement has waived steel tariffs while keeping a 10% tariff for U.K. origin. Cambi’s main concern was related to the steel tariffs, which affected 3 ongoing U.S. projects with shipments scheduled from the U.K. in the near future. It is important to mention that all ongoing U.S. contracts exclude tariffs from the base price and cost recovery mechanisms are available. However, there are risks tied to approval processes and the timing of milestone payments. Parts of our U.S. projects will be produced in the U.S. and thereby avoiding tariffs.” "The trade agreement between the U.S. and the U.K., recently announced, reduces the uncertainty regarding tariffs for projects in the U.S. "

Cambi announced it would publish its Q3 report on Thursday, Nov 7, but it popped out already on Wednesday, Nov 6, at around 6 PM Finnish time. The same phenomenon occurred in Q2 as well. A curious habit for the company. Apparently, many in the market didn’t notice this, as only 12 trades were made after six, with a total of 812 shares changing hands. The investor call is tomorrow at 11 AM Finnish time.            143588439.fs1.hubspotusercontent-eu1.net              cambi-q3-2024-report.pdf    10.47 MB                            Key observations   Revenue grew 18% YoY, but declined just under 10% from the previous quarter.   No new orders were received, so the order backlog decreased for the second consecutive quarter. Now down by about 10%.   Service order intake naturally fluctuates less than the project-based Technology side.   Cash reserves had decreased by 85 MNOK, as inventories were increased and apparently some other working capital-related items have accumulated.   The company has invested in personnel resources, and personnel costs grew by over 40% YoY (41.9 MNOK → 59.3 MNOK). In Technology: 34 → 46.6 and in Solutions: 7.9 → 12.7.   Solutions had increased sales of the soil product from 66t to 81t.   An interesting observation is that the Lviv project in Ukraine restarted after being on hold for obvious reasons.   The CEO left, as I understand it, of his own accord. The founder and main owner (Chairman of the Board) became the CEO, and a representative of the second-largest owner became the new Chairman. It would be nice to know more about these arrangements and plans.   Amidst the shake-up, the company’s visual identity changed, including the logo and website.  =>    In the UK, a five-year Asset Management Period (AMP8) is beginning, which is expected to bring business to Cambi as well.   Graphs     Speculation  On trailing 12-month figures, EV/EBITDA is around 9.5, while for competitors it hovers around 11–13 for 2025 and 2026 according to DNB. Quite a decent situation, but closing that gap would probably require growth in the order backlog. So far, nothing more has been said about that other than that investments have been made in human resources regarding sales, marketing, and production, plus there was a mention of the UK potential. Otherwise, there was only a vague “there is interest” comment. So, most likely no rocket-like surge is expected, but there probably is some kind of potential.

Cambi, in its traditional manner, published its earnings report the evening before the announced date, after the stock market closed.                   newsweb.oslobors.no              NewsWeb                              No cheers, at least not regarding the order backlog: "Key highlights Q4 2024 (Q4 2023):  Operating income: 234 (294) EBITDA: 39 (59) Order intake: 143 (46) Order backlog: 1,232 (1,542)  Key highlights FY 2024 (FY 2023):  Operating income: 1,033 (977) EBITDA: 226 (249) Order intake: 724 (1,453)  "  Slightly below DNB’s forecasts.   CMP4_253470.pdf (378.3 KB)   The decrease in the order backlog is starting to show in revenue. However, a couple of orders had come in earlier this year. One from a new market in India and another from an old one in Spain. On the Solution side, some project in England had gone wrong, causing costs and partly contributing to the decline in profitability.

Uutta projektia kehitteillä Intiaan:            live.euronext.com              635983_2024.01.06%20-%20Press%20Release%20-%20Cambi%20enters%20India%20with%20a%20landmark%20contract%20in%20Mumbai.pdf                             Summary of Cambi ASA’s Contract in India  Contract Signing: Cambi India Private Limited has secured a contract to implement India’s inaugural thermal hydrolysis process (THP) systems for the Municipal Corporation of Greater Mumbai (MCGM) at the Versova wastewater treatment plant. Project Collaboration: The project will be executed in partnership with DRN Infrastructure, a prominent Indian construction and engineering firm. Operational Benefits:  THP will enhance biological sludge processing, reducing anaerobic digester volume by up to two-thirds and improving energy yields. The system will significantly increase the dryness of the resulting biosolids and reduce their volume.   Environmental and Health Impact:  The produced nutrient-rich biosolids comply with the US EPA 503 Regulation for Class A, enabling safe land recycling and promoting Mumbai’s circular economy. The process will mitigate odors, lower storage costs, and decrease climate emissions.   Equipment Durability: The THP units are designed specifically for Mumbai’s challenging hot and wet coastal climate, ensuring durability and reliability. Comprehensive Support: Cambi will provide operational support, maintenance services, digester coolers, and steam boilers to ensure long-term operational stability. Leadership Insight: CEO Per Lilleboe expressed enthusiasm for the project, highlighting its potential impact on sustainable urban development in India and its alignment with Cambi’s mission to tackle climate and energy issues. Company Overview: Cambi has been a leader in biogas technology since 1992, successfully delivering installations across 28 countries. Their THP technology enhances renewable energy, reduces costs, and minimizes greenhouse gas emissions.  This contract represents a significant milestone in Cambi’s expansion into India, underscoring its commitment to innovative waste management solutions.

Cambi will publish its Q3 results next week on Thursday, 7 Nov 2024, so here is a brief update on recent events. Extraordinary General Meeting and New Chairman Last Friday, Cambi held an extraordinary general meeting where acting CEO, company founder, and major shareholder Per Lillebø stepped down from the position of Chairman of the Board, and Andreas Mørk was appointed in his place. According to the minutes, the appointment lasts until the Annual General Meeting. I don’t know if this is a temporary solution related to the search for a new CEO. Meeting minutes:  2024.10.25 - Cambi ASA - Minutes of an Extraordinary General Meeting.pdf (445.8 KB) New Order from Mallorca After a long time, Cambi also announced a new order for a THP plant from Mallorca. This is a small order in terms of its size category. The previous press release regarding a new order was from January. Cambi has a rather pleasant way of announcing the order size in its press releases using a table like this.   Press release:  2024.10.29 - Press Release - Cambi is awarded a contract in Palma de Mallorca.pdf (187.7 KB)

@_TeemuHinkula It looks like you’ve been keeping this thread alive practically on your own here. Let me contribute at least a little something to this thread from my part. I am still a shareholder in this “sh*t plant”, which I still find to be an interesting and competitive investment option as a company. Unfortunately, due to other commitments, I haven’t been following the company’s progress very closely. Nothing very significant has happened in the company recently either, if I’ve understood correctly. Fairly steady going, even though quarterly results for this type of company fluctuate heavily. I personally like to follow the order backlog and its development in quarterly reports, as well as the news published by the company about new projects sold. The company issues a press release whenever a larger deal is made. As I understand it, the threshold is a 15 million (NOK) deal, which triggers a press release. Yesterday, a release came out about a slightly larger project sold to Mumbai. The size of the deal is 100-200m (NOK) and it will be completed by the end of next year. This is already a fairly large deal since the company’s annual revenue is around a billion. Below is a link to the press release. NewsWeb The share price has recently been fluctuating around the 15-20 NOK range. A rise of about 10 percent following this news. I indeed still find the company interesting due to the growing market. There are risks, of course, but I believe the upside potential is also great, if the market grows at the expected double-digit rate per year and Cambi manages to maintain its position as a market leader in this small niche field. So far, the stock doesn’t seem to attract much interest from retail investors. It’s interesting to be involved at the so-called early stage, if the company grows to be even moderately large and reaches the billion-euro scale. Market cap in euros is now around 200m.

DNB views the outlook shared by management positively and maintains the target price at 19 NOK. https://www.dnb.no/seg-fundamental/fundamentalweb/inst/GetReport.aspx?file=CMP4_247538.pdf&uid=&auth=&pwd=&popup=n “We believe the company looks well positioned for new orders on the strong market growth, most notably in the UK, with a new five-year water infrastructure investment cycle due to commence in 2025, where the budget is up 73% from the previous cycle” “For near-term prospects, we highlight the ongoing or recently completed engineering studies in France and the UK, where one ongoing study in the UK could translate into firm contracts.” Management, however, was unable to estimate the timing of orders. In the webcast, the acting CEO said that there is no rush in searching for a new CEO. Edit: added points while listening to the Q&A.

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