Saf Tehnika in one working day reconfigured 7000+ Aranet4 PRO devices and prepare the largest delivery so far!
https://twitter.com/AranetIoT/status/1551530600082952192?s=20&t=Bd7fDiS-29v7560Q5isT-Q

Nice this what about 0.5m sur in revenues 0.1m eur in profit (including 10k extra pay and been for team delivering this)

P.s. eur I mean and 10k Eur for beer autocorrect doesnt help always

Price for One Aranet4 Pro is 240 Eur. Discount for big customer, let's say, 15% - it's more than 1,4 m in revenues;

ok - even better sad it won't be visible on this year financials (in 8 days) -> but even if it ~1m EUR (0,2m EUR in profit) strong push forward

in week we will get info about last year results. My personal conservative FC is:
-37-38m EUR revenue
- 7,0-7,5m EUR in net profit

P/E ~5
EPS >2,5 -> div min 1 EUR/@ (8% div yield)

What figures expect others?

I join the forecast! One position makes me wary. To pay cool dividends, you need a good amount of cash; In the last quarters, there was a rapid increase in the amount of inventory; In the next results, we would like to see an increase in cash; However, EUR 1 per share in dividends this year should be a conservative assessment;

https://view.news.eu.nasdaq.com/view?id=b9e954426697a67785cf92ab89a467e03&lang=en

On paper, Q4 result looks average at best. But isolating one-off effects (marketing, other special activities), the result should be similar to last year.

Regarding dividends, I don't expect an increase to what was paid last year ~0,70 Eur. Cash position has weakened.

manau rinka tikėjosi bent jau panašiu ketvirčio rezultatų kaip praeitais metais, tačiau yra kaip yra. Akivaizdu, kad kažkiek reikia pradėti mąstyti ir rožinius akinius nusiimti. Kitiems metams lūkesčiai būtų jau nebe 6mln. pelno kaip šiais metais uždirbo, o 4 mln. pelno max. Taigi ir visi rodikliai mano manymu jau yra atsistoję į savo vietas t.y. prie dabartinės kainos jau apie 10 p/e kitiems metams, taigi vertinant jau įverčiai pakankamai dideli tapo. Pasidalinau savo nuomone, sekmės investuojant.

Q4 was 5/10 results -> huge investments done in stock/inventory (cash placed there) if it will secure from Q1 lack of raw material to generate profit this will really pay off.

Q4 with only 10% netprofit margin -> does really look weak. Extra costs in marketing, raw material and personal wasn't really partly covered by revenues. + moved/rented new premises -> so seems like plan is to expand further.

Div yield goes to 0,7-0,8 EUR (5-5,5% on today's price) -> next I would expect similar level as it seems company is preparing for expendature further on (new premises/equipment/raw material/ prepayments from customers) all this -5m EUR in cash -> which I would expect to return at least within extra 2-3m EUR = 0,3-0,5m EUR extra net profit row.

The Board of the Parent company proposes to pay dividends of EUR 2 million.
https://view.news.eu.nasdaq.com/view?id=b8c8d1613f3b265b6307901d2e5d07c17&lang=en

Conservative approach of div.
Same as last year almost though EPS has doubled, but cash is the king rule applied cash is reserved in doubled inventory and receivables

Some interesting take aways on audit financials one of them accounts receivable improvement +2m eur to fall in next quarters. >200% improvement from last year

Although the 2mln dividend looks the same as last year, it is not. At least for residents of Latvia. This is the first year that income tax will be paid by SAF tehnika, so the shareholders will get 20% more than last year.
I don't know how it is for Lithuania;
It is interesting that after many years, SAFs has taken a credit line in the bank; It stands unused; Presumably, for safety - if a bigger order happens;
It is also interesting that after the end of the pandemic, there are still large orders for Aranet CO2 meters; For example, all classrooms in Glasgow's educational institutions will be equipped with them;

https://view.news.eu.nasdaq.com/view?id=bca735cf1a4b491de0374b5fc6bfe3ed7&lang=en

Really strong q1 doubled more bottom row. Despite doubled AR increase seems like no worries on bad debts so new year looks promising

Seems like first time in last 5y if not mistaken in bank loans entering SAF really has a need of inventory to maintain revenue pipeline + it seems like they had gave quite generous payment terms for clients .

jeronimas, I agree

p.s. do I understand correctly SAF paid "bonuses" to USA management via repurchase of USA company's stocks: (from their CF report)

NET CASH USED IN INVESTING ACTIVITIES (of which) -877 430 -43 552
Cash paid for purchasing shares in subsidiary -201 898 0

No. Its for new subsidary enterprise in Asia.
"SAF Tehnika announces the establishment of a subsidiary in Asia
Riga, 2022-09-01 06:46 CEST --

JSC SAF Tehnika (NASDAQ:SAF1R) announces the establishment of a subsidiary SAF Asia Ltd in Singapore. The company will be wholly owned by JSC SAF Tehnika."

true -> somehow miss read SAF ASIA purchase date (though it was in OCT month)

thanks

Nu kas turi SAF, manau patenkintas (7,25 % per šią savaitę), įdomu kils toliau ar pradės ristis atgal ? Kadangi žinome tik pirmojo ketvirčio rezultatus, ko gero antrasis irgi bus neblogas (kažkas gal jau turi info iš insaiderių)

There is no inside information. However, at the shareholders' meeting, the CEO said that the company feels very good in all 3 segments (Aranet, Spectrum compact, Microwave solutions). It's not that big profits are because just one segment suddenly shot up;

Let see, what 08/02 bring to us!