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Modulight

1.07 EUR

-2.28 %

2,821 following

MODU

First North Finland

Medical Equipment & Services

Health Care

Overview
Financials & Estimates
Dividend
Compare
-2.28 %
-9.32 %
+0.94 %
-4.46 %
-4.46 %
-15.08 %
-52.76 %
-
-90.22 %

Modulight operates in the technology industry. The company designs, markets, and produces biomedical laser products used in oncology, genetics, and ophthalmology. The customers primarily consist of hospitals and corporate customers operating in medical technology. In addition to the main business, various value-added services are also offered. Their main market is the US.

Read more
Market cap
45.6M EUR
Turnover
14.87K EUR
P/E (adj.) (26e)
-14.68
EV/EBIT (adj.) (26e)
-10.38
EV/S (26e)
5.07
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
1.20 EUR
Updated
26.04.2026
Disclaimer
Antti Siltanen
Antti Siltanen

Analyst

Latest research

Latest analysis report

Released: 27.04.2026

Latest extensive report

Released: 01.07.2025

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
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Research
Webcasts
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ShowingAll content types

Forum discussions
Well, I’m of a different opinion. That kind of text (edit: original message/image flagged, this comment of mine concerned a screenshot that was AI-generated text without the prompt) without an official source is very misleading. It even seems like that prompt for the AI was made ...
6/9/2026, 5:54 PM
by L Dabio
22
Modulight in good company on an export promotion trip LinkedIn 🇺🇸 🇫🇮 Yesterday, I had the pleasure of hosting and moderating a closed‑door... 🇺🇸 🇫🇮 Yesterday, I had the pleasure of hosting and moderating a closed‑door U.S.–Finland Quantum Technology Diplomacy Roundtable with Minister...
6/12/2026, 5:54 PM
by NOKNOK
9
Could you tell me more about what there has been? This connection has completely passed me by.
6/9/2026, 9:22 AM
by L Dabio
4
Is any progress being made? It’s very quiet and the years are rolling by. Well, summer holidays, I know, but this is frustrating.
19 hours ago
by Skipper
1
This post was flagged by the community and is temporarily hidden.
6/9/2026, 5:31 PM
by Salkunvartija97
1
Could I get some official documentation for that claim?
6/9/2026, 5:17 PM
by Eituottoailmanriskiä
1
I see Modulight at a turning point where the investments have been made, and now it’s just down to commercial success. The market should be positive, as data centers and quantum computers are the future. Could the quantum sector be the next megatrend?
18 hours ago
by NOKNOK
0
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.8
2026

Interim report Q2'26

23.10
2026

Interim report Q3'26

Regulatory press release05.06.2026, 10.42

Correction: 1Q26 Interim Report

Modulight
Regulatory press release04.05.2026, 14.55

Resolutions of Modulight Corporation’s Annual General Meeting and Inaugural Meeting of the Board of Directors on 4 May 2026

Modulight
Modulight Q1'26: Decreased costs improved profitability
Research27.04.2026, 09.53 by
Antti Siltanen

Modulight Q1'26: Decreased costs improved profitability

Modulight's Q1 revenue declined year-on-year and missed our estimate. On the other hand, earnings and cash flow were better than we expected.

Modulight

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Regulatory press release24.04.2026, 09.30

Modulight: Profitability improved despite the decline in revenue

Modulight
Modulight issued guidance for 2026
Analyst Comment22.04.2026, 07.28 by
Antti Siltanen

Modulight issued guidance for 2026

We expect EBITDA to turn positive in 2026.

Modulight
Modulight Q1'26 preview: Steady progress supported by the PPT model
Analyst Comment22.04.2026, 08.13 by
Antti Siltanen

Modulight Q1'26 preview: Steady progress supported by the PPT model

We expect moderate growth, as the company has not announced any separate major deals.

Modulight
Regulatory press release21.04.2026, 14.21

Inside information: Modulight introduces financial guidance for 2026

Modulight
Regulatory press release17.04.2026, 13.51

Modulight Corporation: Managers' Transactions – Kati Reiman

Modulight
Press release17.04.2026, 09.30

Modulight to publish its interim report for January–March 2026 on April 24, 2026

Modulight
Regulatory press release07.04.2026, 11.30

Notice To Modulight Corporation's Annual General Meeting

Modulight
Regulatory press release27.03.2026, 15.45

Proposals of the Shareholders’ Nomination Board of Modulight to the Annual General Meeting 2026

Modulight
US market roadmap for medical devices – a European perspective
Analyst Comment27.03.2026, 11.45 by
Antti Siltanen

US market roadmap for medical devices – a European perspective

Success in the US requires success in several sub-areas.

BioretecAiforia TechnologiesNightingale HealthNexstimOptomedRevenio GroupModulightBiohit
Regulatory press release13.03.2026, 12.00

Modulight’s Annual Report 2025 Published

Modulight
Modulight Q4'25: Small steps in the right direction
Research23.02.2026, 09.00 by
Antti Siltanen

Modulight Q4'25: Small steps in the right direction

Modulight's 2025 was characterized by growth.

Modulight
Regulatory press release20.02.2026, 10.00

Modulight: Record Year in Revenue Growth

Modulight
Regulatory press release20.02.2026, 09.59

Inside information: Modulight Corporation updates its strategy and sets new financial targets for the years 2026–2027

Modulight
Modulight Q4'25 preview: Finishing touches on a year of growth
Analyst Comment18.02.2026, 08.15 by
Antti Siltanen

Modulight Q4'25 preview: Finishing touches on a year of growth

2025 has been a better year for the company. However, visibility going forward is limited.

Modulight
Press release13.02.2026, 08.15

Modulight to publish its financial statements bulletin for January–December 2025 on February 20, 2026

Modulight
Life Science Companies as Investments | Life Science Night Dec. 9, 202514:40
Video16.12.2025, 08.30

Life Science Companies as Investments | Life Science Night Dec. 9, 2025

Antti Siltanen, Life Science Analyst, PhD, talks about life science companies as investments.

Aiforia TechnologiesBioretecBiohitFaron PharmaceuticalsModulightNexstimOrionBittiumDetection TechnologyOptomedRevenio GroupNightingale HealthHerantis PharmaNanoform Finland
Regulatory press release03.12.2025, 13.20

Modulight’s financial reporting and Annual General Meeting in 2026

Modulight