Odico (One-pager): Robotics for the construction and wind industry
Today, we have released an updated version of our investment case one-pager on Odico, which is closing this year’s accounting period 2022/2023 by the end of June. After the guidance downgrade in March 2023, the company now expects revenue between DKK 15-20m and EBITDA between DKK -15m and DKK -10m in 2022/2023.
Odico is a robotics company for the construction industry and recently also the wind industry. The company has two coherent business areas: Digital Fabrication and Robot Solutions based on standard robots, self-developed and innovative hardware, and software technology. Since its foundation in 2012, Odico has completed +350 customer projects. Today, the company is a part of the robotics cluster in Odense, Denmark, where Odico also is headquartered.
The investment case one-pager provides insights into key investment reasons and risks, as well as perspectives on valuation based on selected Nordic automation and robotics companies.
Disclaimer: HC Andersen Capital receives payment from Odico for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 11:30, 23 June 2023.
Login required
This content is only available for logged in users
Odico is a Danish-based company that supplies robot technology to the construction industry. This is an industry that is characterized by low use of technology and therefore has seen very low productivity gains historically. Odico’s solutions are based on standard robots combined with proprietary hardware and software. The company operates two business areas, i.e. Digital Fabrication, where the company delivers solutions such as molds to the construction industry on individual orders, and Robot solutions, which brings the robot solutions directly to the construction site. Besides productivity improvements, Odico’s technology is also targeting to help the construction industry and reduce its CO2 emissions.
Read more on company page