Asetek (One-pager): SimSports scale up to continue in 2024
Read the latest Asetek One-pager update following the FY 2023 results. The One-pager includes a brief description of Asetek, an update to the gaming hardware market outlook, latest financials, valuation perspectives relative to a peer group, and outlines several key investment risks and key investment reasons.
Asetek saw a significant rebound in 2023, with over 50% revenue growth, as chip shortages eased and customer demand strengthened. The company also eased its liquidity tightness following its rights issue in Q2 2023 and is scaling up its SimSports operations, which have been well received by the market.
To learn more about Asetek and its outlook for 2024 and beyond, read the full One-pager.
Disclaimer: HC Andersen Capital receives payment from Asetek for a digitalIR/ corporate visibility subscription agreement./ Philip Coombes 11:20 05.04.2024
Asetek is a global leader within liquid cooling solutions for high-end PC’s and also produces high-end equipment for SimSports. Asetek was listed on the OBX Oslo Stock Exchange in 2013. Asetek’s liquid cooling of high-end PC’s and eSports enthusiasts is its largest segment. Its sealed loop liquid cooler supports the thermal challenges of the computers and can also be implemented at data centers to provide significant energy savings and recapturing of heat against the air cooling industry norm; however, this segment remains relatively smaller. In 2021 Asetek made its first expansion into the SimSports Gaming market with its high-end SimRacing pedals, designed to create an immersive experience for sim racers. Asetek plans to expand further into the SimRacing value chain with ambitions to release wheelbases, steering wheels, shifters, and other end-user customization options.
Lue lisää yhtiösivulla