Omda AS (OSL:OMDA)
kr 51.6 -0.20 (-0.39%) Market Cap: 1.06 Bil Enterprise Value: 1.48 Bil PE Ratio: 0 PB Ratio: 32.41 GF Score: 68/100

Q4 2024 Omda AS Earnings Call Transcript

Feb 26, 2025 / 07:30AM GMT
Release Date Price: kr34 (-2.86%)

Key Points

Positve
  • Omda AS (FRA:6Q1) reported a record high revenue for the fourth quarter, marking a 6% growth year-over-year.
  • The company achieved a 14% adjusted EBITDA margin, slightly above their guidance of 13-14% for the year.
  • Omda AS successfully completed its restructuring, which is expected to enhance operational efficiency and predictability.
  • The company has a strong cash position and improved networking capital, attributed to disciplined cash management and operational improvements.
  • Omda AS continues to focus on acquisitions, having completed three strategic acquisitions in the fourth quarter, which are expected to add significant value.
Negative
  • The EBITDA margin, while within guidance, is lower compared to previous years, partly due to restructuring costs.
  • Organic growth was slow in 2024, particularly impacted by underperformance in the emergency business unit.
  • The company faces challenges in maintaining its high networking capital percentage, acknowledging it may not be sustainable every quarter.
  • There is a reliance on a few large projects, which can lead to fluctuations in revenue and growth metrics.
  • Omda AS's future M&A deals may face competitive pressures from other large European acquirers, potentially impacting acquisition strategy.
Einar Bonnevie
Omda AS - Chief Financial Officer

Good morning ladies and gentlemen, and welcome to the presentation of ODA's achievements for the 4th and final quarter of 2024.

This presentation will last approximately a good 35-40 minutes, and it will be followed by a live Q&A session.

You can type in your questions at any time and we will attend to them later.

A copy of the presentation will be made available. It's available on Oda.com and on Newspoint. And after the presentation, a live webcast, sorry, a recording of the webcast will be made available on our website along with the transcripts.

And as always, I'm here together with my long term partner and our CFO, Mr. Slat.

Sverre Flatby
Omda AS - Chief Executive Officer

Actually, I've now become the CEO, but thank you and thank you for being awake this early.

So to everyone, welcome and, or should I say, happy anniversary because in a few weeks, Honda will celebrate its 20th anniversary.

And in that context we've also thought that a different

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