IMPC Stock Financial Analysis - Impact Coatings AB (publ) (OM) Stock

Overview

Impact Coatings AB is a Swedish company specializing in innovative coating solutions and technology for industrial applications. Based in Linköping, Sweden, the company operates primarily within the clean technology sector, focusing on the development and implementation of advanced surface treatments using Physical Vapor Deposition (PVD) processes. These coatings are crucial for enhancing the performance and durability of products in various industries, including automotive, electronics, and renewable energy. Notably, Impact Coatings is at the forefront of supplying coating equipment and services for fuel cell and hydrogen production applications, contributing significantly to advancements in green energy solutions. This strategic focus aligns with global trends aiming at reducing carbon footprints and promoting sustainable industrial practices.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Impact Coatings AB (publ) as of 30 June 2025 is 97.70 MM.
The operating income for Impact Coatings AB (publ) as of 30 June 2025 is -39.30 MM.
The net income for Impact Coatings AB (publ) as of 30 June 2025 is -39.90 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	97.70	-39.30	-39.90
2025-03-31	127.60	-27.60	-27.90
2024-12-31	120.60	-32.30	-29.60
2024-09-30	128.70	-26.80	-25.60
2024-06-30	107.20	-31.40	-32.90
2024-03-31	101.60	-40.50	-38.80
2023-12-31	117.30	-31.40	-32.00
2023-09-30	88.80	-45.77	-44.98
2023-06-30	80.10	-47.47	-42.77
2023-03-31	62.55	-49.41	-46.39
2022-12-31	52.60	-50.30	-47.00
2022-09-30	61.84	-38.06	-34.81
2022-06-30	58.72	-35.06	-32.42
2022-03-31	59.23	-30.85	-30.33
2021-12-31	59.23	-32.80	-32.09
2021-09-30	49.02	-36.41	-37.15
2021-06-30	54.38	-32.19	-33.48
2021-03-31	44.70	-27.21	-28.57
2020-12-31	39.52	-21.79	-22.98
2020-09-30	40.05	-22.04	-21.72
2020-06-30

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31	-0.32	-0.32
2024-12-31	-0.34
2024-09-30	-0.29	-0.29
2024-06-30	-0.39	-0.39
2024-03-31	-0.45	-0.45
2023-12-31	-0.41
2023-09-30	-0.63	-0.63
2023-06-30	-0.64	-0.64
2023-03-31	-0.82	-0.82
2022-12-31	-0.83
2022-09-30	-0.61	-0.61
2022-06-30	-0.56	-0.56
2022-03-31	-0.54	-0.54
2021-12-31	-0.58
2021-09-30	-0.68	-0.68
2021-06-30	-0.64	-0.64
2021-03-31	-0.55	-0.55
2020-12-31	-0.44
2020-09-30	-0.43	-0.43
2020-06-30	-0.51	-0.51

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Impact Coatings AB (publ) as of 30 June 2025 is -66.30 MM.
The cash from investing activities for Impact Coatings AB (publ) as of 30 June 2025 is -12.60 MM.
The cash from financing activities for Impact Coatings AB (publ) as of 30 June 2025 is 20.50 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	-66.30	-12.60	20.50
2025-03-31	-64.00	-8.70
2024-12-31	-72.90	-16.70
2024-09-30	-45.00	-26.70	0.00
2024-06-30	-39.50	-26.90	0.00
2024-03-31	-57.70	-36.40	0.00
2023-12-31	-42.10	-27.20	129.80
2023-09-30	-54.10	-19.50	129.80
2023-06-30	-61.73	-19.67	129.80
2023-03-31	-37.13	-22.23	129.80
2022-12-31	-42.40	-25.90
2022-09-30	-32.07	-23.43	0.00
2022-06-30	-34.86	-16.09	0.11
2022-03-31	-43.02	-6.95	0.23
2021-12-31	-31.76	-2.10	113.70
2021-09-30	-31.11	-0.71	113.70
2021-06-30	-28.04	-0.67	113.59
2021-03-31	-14.90	0.10	113.47
2020-12-31	-29.25	0.10
2020-09-30	-27.02	0.04	64.07
2020-06-30

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Impact Coatings AB (publ) as of 30 June 2025 is -11.07.
The p/book for Impact Coatings AB (publ) as of 30 June 2025 is 1.88.
The p/tbv for Impact Coatings AB (publ) as of 30 June 2025 is 1.88.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30	-11.07	1.88	1.88
2025-03-31	-10.58	1.71	1.75
2024-12-31	-14.35	2.00	2.00
2024-09-30	-15.96	2.77	2.77
2024-06-30	-10.71	2.15	2.15
2024-03-31	-8.12	1.24	1.24
2023-12-31	-5.77	1.23	1.23
2023-09-30	-6.07	1.16	1.16
2023-06-30	-9.50	1.81	1.81
2023-03-31	-5.67	1.12	1.12
2022-12-31	-4.83	1.33	1.33
2022-09-30	-7.56	2.08	2.08
2022-06-30	-8.12	1.91	1.91
2022-03-31	-8.68	1.74	1.74
2021-12-31	-4.53	1.05	1.05
2021-09-30	-7.09	1.64	1.64
2021-06-30	-7.86	1.55	1.55
2021-03-31	-9.21	1.45	1.45
2020-12-31	-7.08	1.83	1.83
2020-09-30	-11.09	2.86	2.86
2020-06-30	-10.01	2.68	2.68

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Impact Coatings AB (publ) as of 30 June 2025 is -0.10.
The ebit (3y)/ev for Impact Coatings AB (publ) as of 30 June 2025 is -0.12.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	-0.10	-0.12
2025-03-31	-0.10	-0.13
2024-12-31	-0.08	-0.12
2024-09-30	-0.07	-0.09
2024-06-30	-0.12	-0.12
2024-03-31	-0.23	-0.26
2023-12-31	-0.37	-0.32
2023-09-30	-0.41	-0.34
2023-06-30	-0.17	-0.14
2023-03-31	-0.67	-0.50
2022-12-31	-0.40	-0.36
2022-09-30	-0.19	-0.17
2022-06-30	-0.20	-0.19
2022-03-31	-0.22	-0.19
2021-12-31	-1.24	-1.00
2021-09-30	-0.30	-0.24
2021-06-30	-0.31	-0.28
2021-03-31	-0.32	-0.34
2020-12-31	-0.21	-0.29
2020-09-30	-0.11	-0.16
2020-06-30	-0.14	-0.17

Management Effectiveness

The roa for Impact Coatings AB (publ) as of 30 June 2025 is -0.10.
The roe for Impact Coatings AB (publ) as of 30 June 2025 is -0.21.
The roic for Impact Coatings AB (publ) as of 30 June 2025 is -0.17.
The croic for Impact Coatings AB (publ) as of 30 June 2025 is -0.43.
The ocroic for Impact Coatings AB (publ) as of 30 June 2025 is -0.39.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	-0.10	-0.21	-0.17	-0.43	-0.39
2025-03-31	-0.11	-0.14	-0.16	-0.48	-0.40
2024-12-31	-0.08	-0.12	-0.14	-0.40	-0.25
2024-09-30	-0.08	-0.12	-0.17	-0.36	-0.21
2024-06-30	-0.12	-0.17	-0.20	-0.50	-0.30
2024-03-31	-0.21	-0.28	-0.15	0.28	-0.20
2023-12-31	-0.28	-0.36	-0.21	0.27	-0.26
2023-09-30	-0.26	-0.31	-0.19	0.21	-0.27
2023-06-30	-0.28	-0.31	-0.19	0.21	-0.27
2023-03-31	-0.27	-0.31	-0.20	0.30	-0.16
2022-12-31	-0.19	-0.22	-0.28	-0.44	-0.25
2022-09-30	-0.17	-0.22	-0.28	-0.44	-0.25
2022-06-30	-0.16	-0.19	-0.24	-0.37	-0.25
2022-03-31	-0.15	-0.17	-0.20	-0.33	-0.29
2021-12-31	-0.35	-0.44	-0.23	0.51	-0.19
2021-09-30	-0.35	-0.44	-0.23	0.51	-0.17
2021-06-30	-0.29	-0.37	-0.20	0.50	-0.17
2021-03-31	-0.26	-0.30	-0.16	0.55	-0.08
2020-12-31	-0.32	-0.52	-0.26	0.44	-0.32
2020-09-30	-0.32	-0.52	-0.26	0.44	-0.32
2020-06-30	-0.32	-0.48	-0.27	0.51	-0.20

Gross Margins

The gross margin for Impact Coatings AB (publ) as of 30 June 2025 is 0.55.
The net margin for Impact Coatings AB (publ) as of 30 June 2025 is -0.22.
The operating margin for Impact Coatings AB (publ) as of 30 June 2025 is -0.22.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.55	-0.22	-0.22
2025-03-31	0.52	-0.25	-0.27
2024-12-31	0.49	-0.20	-0.21
2024-09-30	0.53	-0.31	-0.29
2024-06-30	0.49	-0.38	-0.40
2024-03-31	0.49	-0.27	-0.27
2023-12-31	0.42	-0.51	-0.52
2023-09-30	0.40	-0.53	-0.59
2023-06-30	0.38	-0.53	-0.59
2023-03-31	0.37	-0.74	-0.79
2022-12-31	0.42	-0.56	-0.62
2022-09-30	0.43	-0.56	-0.62
2022-06-30	0.42	-0.55	-0.60
2022-03-31	0.38	-0.51	-0.52
2021-12-31	0.38	-0.76	-0.73
2021-09-30	0.36	-0.76	-0.73
2021-06-30	0.36	-0.62	-0.58
2021-03-31	0.45	-0.64	-0.59
2020-12-31	0.51	-0.54	-0.55
2020-09-30	0.51	-0.54	-0.55
2020-06-30	0.59	-0.72	-0.71