Appear ASA

Appear ASA

3.04
EUR
-0.18
(-5.59%)
0.28EPS
22.92P/E
260.63MMarket Cap
Oct 29Next Earn

Total Valuation

EUR

As of June 30, 2026, Appear ASA carries a market capitalization of 260.63M, placing it among publicly traded companies globally. Its enterprise value stands at 229.66M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap260.63M
Enterprise Value229.66M

Important Dates

Appear ASA's next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2026, Appear ASA has 40.60M shares outstanding.

Shares Outstanding40.60M

Valuation Ratios

As of June 30, 2026, Appear ASA trades at a trailing price-to-earnings ratio of 22.92. The price-to-sales ratio is 3.29, and the price-to-book ratio stands at 4.62.

PE Ratio22.92
PS Ratio3.29
PB Ratio4.62
P/TBV Ratio5.47
P/FCF Ratio-23.24
P/OCF Ratio-132.73

Enterprise Valuation

As of June 30, 2026, Appear ASA trades at an EV/EBITDA multiple of 14.55 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.96 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 17.34 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 229.66M versus a market cap of 260.63M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.96
EV / EBITDA14.55
EV / EBIT17.34

Financial Position

As of June 30, 2026, Appear ASA maintains a current ratio of 4.72, meaning it holds 4.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 10.56, indicating elevated leverage, while an interest coverage ratio of 169.91 demonstrates strong ability to service its debt obligations.

Current Ratio4.72
Quick Ratio2.98
Debt / Equity10.56
Debt / EBITDA0.38
Interest Coverage169.91

Financial Efficiency

EUR

These figures cover the twelve months ended June 30, 2026. The company generates approximately 344,807.18 in revenue per employee across its workforce of 225.00, a quick read on workforce productivity versus industry peers.

Revenue Per Employee344,807.18
Employee Count225.00

Taxes

EUR

Over the twelve months ended June 30, 2026, Appear ASA recorded 3.25M in income tax expense. That works out to an effective tax rate of 22.63, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 14.38M, leaving 11.12M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax3.25M
Effective Tax Rate22.63

Stock Price Statistics

EUR

These figures are as of the close on October 22, 2026. The 50-day moving average sits at 3.46, while the 200-day moving average is 5.30.

50-Day Moving Average3.46
200-Day Moving Average5.30

Income Statement

EUR

Over the twelve months ended June 30, 2026, Appear ASA generated 77.58M in revenue and converted that into 11.12M in net income, yielding earnings per share of 0.28. EBITDA reached 15.79M, while operating income came in at 13.25M.

Revenue77.58M
Gross Profit54.96M
Operating Income13.25M
Pretax Income14.38M
Net Income11.12M
EBITDA15.79M
EBIT13.24M
Earnings Per Share (EPS)0.28

Balance Sheet

EUR

As of June 30, 2026, Appear ASA holds 36.93M in cash and equivalents against 5.96M in total debt, resulting in a net debt position of -6.18M. Total book value stands at 56.46M, with working capital of 46.04M providing operational flexibility.

Cash & Cash Equivalents36.93M
Total Debt5.96M
Net Debt-6.18M
Equity (Book Value)56.46M
Book Value Per Share1.39
Working Capital46.04M

Cash Flow

EUR

Appear ASA produced -1.92M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -9.05M in capital expenditures, free cash flow totaled -10.97M - equivalent to -0.28 per share.

Operating Cash Flow-1.92M
Capital Expenditures-9.05M
Free Cash Flow-10.97M
FCF Per Share-0.28

Margins

Over the twelve months ended June 30, 2026, Appear ASA posted a gross margin of 70.84, reflecting its pricing power and cost economics. The operating margin of 17.07 and net profit margin of 14.34 provide insight into operational efficiency.

Gross Margin70.84
Operating Margin17.07
Pretax Margin18.53
Profit Margin14.34
EBITDA Margin20.35

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -4.30: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -6.24, meaning Appear ASA raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-6.24
FCF Yield-4.30

Scores

As of June 30, 2026, Appear ASA has an Altman Z-Score of 11.58, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score11.58