contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


bittium-clear-strategy-now-has-be-executed

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Juha Kinnunen

Bittium specializes in developing secure communication and connectivity solutions using technology and knowledge of radio technology. The products are used for mobile devices, computers, and other technological products in healthcare, defense, and other industries. Examples of work areas include cardiology, neurology, and rehabilitation. The company is headquartered in Oulu.

Hi @Takamettien_mekataht Thank you for your questions. The latest situation update can be found in our Q3 release, which was published at the end of October. Regarding Spain, negotiations with Indra have progressed well, but it is impossible to estimate the closing schedule of the negotiations with certainty that it will hold. The matter will be communicated when the negotiations are concluded. The same applies to all possible new deals or agreements. The partnership agreement with the Defence Forces does not fundamentally affect our communication – significant deals and agreements will be announced via a stock exchange release, and smaller ones via a press release, as before. We have increased investments to ensure delivery capability, both in our own production and with manufacturing partners. The manufacturing of Bittium’s products is partly outsourced to partners – which both enables easier scalability and keeps our balance sheet lighter in that respect. Our own production involves the final assembly and testing of products, and the team now operates in two and, if necessary, three shifts. This allows us to prepare for product deliveries in advance, which shortens the time it takes for us to deliver products to our customers. The orders we announce are often multi-year, and the ordered products are delivered according to the agreed schedule. In other words, product deliveries are continuously made to both our domestic and international customers.

It’s puzzling how quiet it is on the channel, even though the share price is climbing towards the sky and no one has to argue for or against slightly lower target prices derived from analysis. Is everyone frozen with anticipation about what kind of order will pop up, or even a full-blown takeover bid? By Christmas, it’s served up  and then we can, in the traditional way, state again that it’s going cheap, even though the target prices were whatever they were.

Hi @Karoliina_Malmi & Bittium Could you comment on the current production situation? According to recent newspaper articles, the CEO commented that production was currently churning out devices almost around the clock. Was this just a temporary situation or a longer-term trend? Additionally, it would be interesting to know who the deliveries are currently being made to, as no new disclosure threshold for deals has been crossed for a long time. In the summer, there was an announcement about a couple of million deal and the Boston announcement. Investors would certainly also be interested in the situation in Spain, are we still on schedule? (To be announced this year) And the situation in Austria currently? I’m under the impression that something should have been heard during the autumn, what’s the situation there now? Furthermore, there’s interest in communication regarding the Finnish Defence Forces (PV), now that new partnership agreements are in force. Does the Finnish Defence Forces (PV) now order equipment under the agreement without a disclosure obligation, even if it’s a larger order (e.g., +5 million)? My interest in these matters has arisen mainly because quite significant investments were made in CMD, and since then, there hasn’t been a single DEAL announcement. Thanks in advance!

This news is likely very strongly related to Bittium. “– The command and control system unit would offer an opportunity for the development of compatibility between Finland’s national and NATO command and control system services, states Minister of Defence Häkkänen in a press release from the Ministry of Defence”                   Yle Uutiset – 24 Nov 25              Suomi hamuaa uutta Nato-yksikköä    Suomi esittää Natolle uuden yksikön sijoittamista Suomeen.                             “The press release states that the task of the command and control system unit would be to produce telecommunications and information system services to support the command of NATO forces and leadership in Finland and, if necessary, throughout the entire alliance.”                   iltalehti.fi              Nyt tuli uusi Nato-avaus – Työllistäisi suomalaisia    Suomi tavoittelee Naton johtamisjärjestelmäyksikön sijoittamista Suomeen

Bittium participates in delegation  https://defmin.fi/en/-/permanent-secretary-pulkkinen-and-finnish-business-delegation-to-visit-allied-command-transformation

IMUGS2 has now been confirmed for Bittium, and it sounds good to be involved; one would think it supports businesses now and in the future.  The iMUGS2 project builds upon the achievements of the iMUGS project and strengthens Europe’s autonomy and robotics capabilities by developing a scalable, interoperable, and secure system-of-systems architecture for both unmanned and manned platforms. The project enhances Europe’s technological independence in key defense areas such as AI-based autonomy, system integration, data transfer, and command and control systems.   In the project, Bittium is responsible for the entire system’s data transfer, utilizing both tactical and commercial technologies and networks. Bittium’s solution seamlessly supports the cooperation and command of different branches of service and defense forces, as well as unmanned systems and troops, and the production and sharing of situational awareness in challenging battlefield conditions.   The iMUGS2 project has a duration of 36 months and a total value of 55 million euros, of which Bittium’s share is approximately 2.35 million euros.                    News Powered by Cision              Bittium jatkaa miehittämättömien järjestelmien kehitystä osana iMUGS2-hanketta    Bittium Oyj Lehdistötiedote  Bittium jatkaa miehittämättömien järjestelmien kehitystä osana

Here’s a link to today’s updated analysis, interesting reading.                   eqs-news.com              Original-Research: Bittium Oyj (von NuWays AG): Buy | Research - EQS News

Bittium

The strategy update, implementing the change and clear focus areas increased our confidence in the company’s development and achieving its financial targets.

<p>The strategy update, implementing the change and clear focus areas increased our confidence in the company’s development and achieving its financial targets. During the week, Bittium has also announced ResMed cooperation in the sleep apnea area and a new framework agreement with the Finnish Defence Forces. Through these, we raised our earnings estimates for the coming years by some 15%, where the company has its work cut out. The share price has risen forcefully, but the valuation (P/E 2024e 18x) is still reasonable considering the company's development phase. </p> 

	2022	23e	24e
Revenue	82.5	77.9	90.6
growth-%	-5.0 %	-5.6 %	16.4 %
EBIT (adj.)	0.3	-2.2	9.2
EBIT-% (adj.)	0.4 %	-2.8 %	10.1 %
EPS (adj.)	0.01	-0.08	0.24
Dividend	0.05	0.05	0.12
Dividend %	1.3 %	0.2 %	0.6 %
P/E (adj.)	489.4	neg.	87.3
EV/EBITDA	13.2	104.9	35.2

Bittium: Clear strategy that now has to be executed

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Key Estimate Figures31.10.2023

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