Mangold Insight presents updated analysis of Enersize

Enersize Oyj (“Enersize” or “the Company”) announces that Mangold Insight, Mangold’s analysis service, has published an updated analysis of Enersize. An excerpt from the analysis is reproduced below.

The analysis in its entirety is available in Swedish and can be read here. For complete press release in Swedish from Mangold, see here.

Imprint on the compressed air market
Enersize, which sells technology for cost savings in compressed air systems, has started 2021 strongly. Sales for the first quarter amounted to just over SEK 730,000, an increase of 34 percent compared with the same period in 2020. Enersize has, among other things, opened up the Moroccan market through the consulting company SCOPP Solutions, which has an extensive customer network. Enersize has also entered into an agreement with the Swedish company Momentum Industries. Mangold is positive about the expected effect these agreements are expected to bring in the form of increased sales and recurring income. Furthermore, Enersize’s business model entails high scalability, which contributes to attractive margins in the future.

Move to Software as a Service
Enersize’s revenues have previously come from a wide range of energy optimization services. The company is now changing its sales strategy to a SaaS model and expertise for energy optimization of industrial compressed air. Sales will generate recurring revenue and scalability.

More from the Newsletter

FOR INVESTORS

Enersize signs Letter of Intent regarding reverse takeover with TeraFactory

The Board of Enersize Oyj (“Enersize” or the “Company”) announces that it has signed a Letter of Intent (“the LoI”) with Finnish Batteries Oy (to be renamed “TeraFactory”) as a step towards streamlining the company structure. The LoI is regarding a contemplated transaction (“the Transaction”) between Enersize and TeraFactory (jointly referred to as “the Parties”) and includes a reverse takeover of Enersize, transfer of Enersize’s business to Swedish subsidiary (“Enersize Sweden”) and the subsequent distribution of Enersize shares to the shareholders. The Transaction further includes the re-listing of Enersize, then renamed TeraFactory Oyj, on Nasdaq First North Growth Market Stockholm, as well as the re-listing of Enersize Sweden. Provided that the Transaction is completed, Enersize shareholders will own 100% of Enersize Sweden and about 10% of TeraFactory.

Läs mer »

Enersize Oyj proposes a fully underwritten rights issue and a directed issue totalling approximately SEK 28 million

The Board of Directors of Enersize Oyj (”Enersize” or the ”Company”) today announces its proposal for a fully underwritten rights issue of approximately SEK 14 million (the ”Rights Issue”) and a directed issue of approximately SEK 14 million (the ”Directed Issue”, together the ”Issues”). The subscription price in both the Rights Issue and the Directed Issue is SEK 0.12 or EUR 0.012 per share. The Issues are subject to approval at an Extraordinary General Meeting scheduled for Friday, 5 November 2021.

Läs mer »

Enersize intends to streamline the company structure

The Board of Enersize Oyj (“Enersize” or “the Company”) announces today that it intends to further centralize and streamline operations in Enersize in order to achieve a simplified company structure and administration, and to reduce overhead costs. The Board intends to look at various opportunities to implement the streamlining, where domicile change, merger and reverse acquisition have been identified as possible alternatives.

Läs mer »

NEWS