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Cash flow still needs to be proven

TEM1VExtensive research10.05.2024, 13.10
Roni PeuranheimoAnalyst
Discuss
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Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal focus is currently on improving cash flow, but there is no evidence of this yet. The valuation would be attractive if the company's cash flow approached the company's profit level. However, we do not expect an immediate improvement here and with the current cash flow profile we do not see the risk/reward ratio as attractive.

Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.

Read more on company page

Forum discussions

And then there are those who accepted the offer right at the beginning. Now they’re wondering why the money hasn’t shown up, and they can’t ...
yesterday
by Gunman
12
Well, I wonder if they can keep extending the offer period indefinitely, hoping someone will get bored and sell well, it certainly won’t be ...
yesterday
by nestori59
3
Well, there it is. The extension came once again. Let’s see if a third letter and a third round of calls will follow, just to make sure no one...
yesterday
by Satu
15
Well… one could say that the company hasn’t announced any new deals since the tender offer. Check who else is involved in the consortium… the...
yesterday
by kovatuotto
17
Matters are still pending with the Nigerian competition authority, so the offer period has been extended until July 15, 2026, unless “the offer...
yesterday
by Roni
4
Tecnotree has approximately 80 million in assets in the form of cash and receivables once current liabilities are cleared. Cash flow is around...
6/20/2026, 10:03 AM
by Junnu
24
“falling toward four euros” also includes a scenario where the price drops by one cent per share, as the decline occurs toward four euros but...
6/19/2026, 11:46 AM
by Lars74
6