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Modulight

1.07 EUR0.00 %25.9. klo 12.37
2,826 following

MODU

First North Finland

Medical Equipment & Services

Health Care

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
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0.00 %
0.00 %
-4.48 %
+6.08 %
-4.91 %
-15.61 %
-43.95 %
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-90.27 %

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.

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Market cap
45.39M EUR
Turnover
417.48 EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Reduce
Target price
Updated
23.08.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Just to avoid any misunderstandings: I spend exactly as much time on Modulight’s analysis as it requires. The company’s performance/development has nothing to do with motivation or webcast attendance, even though this time the questions were left unasked due to technical issues. ...
8/24/2026, 8:48 AM
by Antti Siltanen
16
I am not surprised that there is no interest. Read through all the materials from the initial public offering (IPO), and you will notice that the information provided by the company at the time regarding profitability and future forecasts was completely unrealistic. Compare that ...
8/24/2026, 7:17 AM
by Nordman09
14
A bit late again in getting around to diving into the H1 report and Orsila’s interview. For me, this has been a quite interesting investment story and on my watchlist for several years already. I’ve been pondering these three (light-strategic) risks a bit… Please throw in some good...
8/26/2026, 6:09 PM
by PerusPiensijoittaja
7
Here are Antti’s comments on the offer received by Modulight Modulight announced on Tuesday that it has received a USD 1.5 million pilot production order from a US neuroscience customer. In our view, the order is significant relative to the company’s current size and provides much...
9/16/2026, 4:44 AM
by Sijoittaja-alokas
6
Modulight Oyj Press Release This is actually significant news, considering the nature of the order. Moving to pilot production with a long-term customer. It speaks volumes about how much interest the company generates that I’m sharing this here 1.5 hours after the press release was...
9/15/2026, 11:55 AM
6
Interest in Modulight has really faded. It seems like only one user asked two questions, and not even a single analyst could be bothered to show up​
8/21/2026, 6:36 PM
by NOKNOK
6
The share price has been hovering around 1.02 for a while now, and just for fun, I’ve had my 1,500 shares up for sale at 1.055–1.10 for a couple of weeks. None of them were even close to getting picked up. This morning it was at 1.02 again, and I put in a massive order of 1,500 shares...
9/15/2026, 12:09 PM
by Tero Hautala
5
Read more on our forum
Antti Siltanen
Antti Siltanen

Analyst

Latest research

Latest analysis report

Released: 24.08.2026

Latest extensive report

Released: 01.07.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
23.10.
2026

Interim report Q3'26

Modulight receives pilot production order worth 1.5 MUSD
Analyst Comment16.09.2026 klo 09.23 by
Antti Siltanen

Modulight receives pilot production order worth 1.5 MUSD

The order supports growth outlook for 2026-2027.

Modulight
Regulatory press release15.09.2026 klo 13.25

Inside Information: Modulight has received a $1.5 million pilot production order from a U.S. neuroscience customer

Modulight
Regulatory press release15.09.2026 klo 13.25

Sisäpiiritieto: Modulight on saanut 1,5 miljoonan dollarin pilot-tuotantotilauksen yhdysvaltalaiselta neurotieteen alan asiakkaalta

Modulight

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Modulight Q2'26: Pricing under pressure
Research24.08.2026 klo 11.20 by
Antti Siltanen

Modulight Q2'26: Pricing under pressure

Delays and pricing pressures burdened revenue development.

Modulight
Modulight Q2'26: Edistystä tuotekehitysputkessa10:10
Video21.08.2026 klo 14.06 by
Antti Siltanen

Modulight Q2'26: Edistystä tuotekehitysputkessa

Modulightin käyttökate kääntyi positiiviseksi Q2:lla tehtyjen säästötoimien ansiosta.

Modulight
Robokommentti Modulightin Q2-tuloksesta
Analyst Comment21.08.2026 klo 10.31 by
Flash

Robokommentti Modulightin Q2-tuloksesta

Modulightin Q2-tulos jäi odotuksistamme liikevaihdon osalta selvästi, kun edullisten prototyyppitoimitusten kasvanut osuus ja kertatoimituksen tukeman vertailukauden puuttuminen painoivat liikevaihtoa. Positiivista oli käyttökatteen kääntyminen positiiviseksi säästötoimien ansiosta sekä operatiivisen kassavirran paraneminen. Tuotekehitysputki eteni hyvin ja PPT-liiketoiminta jatkoi vahvaa kasvua, mutta tilauskertymä jäi yhtiön omista odotuksista joidenkin projektien viivästyttyä.

Modulight
Regulatory press release21.08.2026 klo 10.30

Modulight: Significant customer project advances toward commercialization

Modulight
Regulatory press release21.08.2026 klo 10.30

Modulight: Merkittävä asiakasprojekti etenee kohti kaupallistamista

Modulight
Modulight Q2'26 preview: Savings measures likely to improve earnings while revenue declines
Analyst Comment19.08.2026 klo 10.22 by
Antti Siltanen

Modulight Q2'26 preview: Savings measures likely to improve earnings while revenue declines

We expect Q2 revenue to decline slightly from the comparison period, which was supported by the quantum computing project.

Modulight
Press release14.08.2026 klo 10.00

Modulight julkaisee toisen neljänneksen ja puolivuosikatsauksen 21.8.2026

Modulight
Press release14.08.2026 klo 10.00

Modulight to Publish Second Quarter and Half-Year Financial Report on August 21, 2026

Modulight
Regulatory press release05.06.2026 klo 11.42

Correction: 1Q26 Interim Report

Modulight
Regulatory press release05.06.2026 klo 11.42

Korjaus: Osavuosikatsaus Q1/2026

Modulight
Regulatory press release04.05.2026 klo 15.55

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

Modulight
Regulatory press release04.05.2026 klo 15.55

Modulight Oyj:n varsinaisen yhtiökokouksen ja hallituksen järjestäytymiskokouksen päätökset 4.5.2026

Modulight
Modulight Q1'26: Decreased costs improved profitability
Research27.04.2026 klo 10.53 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
Modulight Q1’26: Asiakasaktiviteetti ja yhteistyö lisääntynyt11:56
Video24.04.2026 klo 14.34 by
Antti Siltanen

Modulight Q1’26: Asiakasaktiviteetti ja yhteistyö lisääntynyt

Modulightin kannattavuus parani selkeästi Q1:llä odotusten vastaisesta liikevaihdon laskusta huolimatta keventyneen kulurakenteen ja PPT-liikevaihdon kasvun tukemana.

Modulight
Robokommentti Modulightin Q1-tuloksesta
Analyst Comment24.04.2026 klo 10.31 by
Flash

Robokommentti Modulightin Q1-tuloksesta

Modulightin Q1-liikevaihto jäi selvästi odotuksistamme ja laski myös vertailukaudesta, kun uudet asiakasprojektit eivät ole vielä kääntyneet merkittäväksi liikevaihdoksi. Positiivinen yllätys oli kannattavuuden selvä parannus keventyneen kulurakenteen ja PPT-liikevaihdon kasvun tukemana – käyttökate kääntyi positiiviseksi liikevaihdon laskusta huolimatta. Kassapolttotahti hidastui selvästi, mutta liikevaihtoennusteisiimme kohdistunee laskupaineita Q1-toteutuman jäätyä merkittävästi alle odotustemme.

Modulight
Regulatory press release24.04.2026 klo 10.30

Modulight: Profitability improved despite the decline in revenue

Modulight
Regulatory press release24.04.2026 klo 10.30

Modulight: Kannattavuus parani liikevaihdon laskusta huolimatta

Modulight