Appear ASA

Appear ASA

30.80
NOK
-2.10
(-6.38%)
3.17EPS
23.25P/E
2.99BMarket Cap
Oct 29Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
7.76
9.99
14.85
21.09
22.07
Basic EPS, GAAP
- -
-0.33
0.79
1.7
3.4
3.17
Free Cash Flow per Basic Share
- -
-1.23
1.92
1.63
1.93
-3.12
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
4.36
4.04
4.86
6.56
14.52
15.72
Tangible Book Value per Share
4.35
4.03
4.84
6.54
12.9
13.25
Basic Weighted Avg Shares
41
41
41
41
38
40
Sales/Revenue/Turnover
- -
316
408
606
801
877
Operating Margin (%)
- -
-7.25
8.13
12.47
21.32
17.07
Depreciation Expense
- -
10
11
14
18
29
Net Income, GAAP
- -
-13
32
70
129
126
Effective Tax Rate (%)
- -
- -
22.03
23.86
23.78
22.63
Profit Margin (%)
- -
-4.22
7.96
11.48
16.13
14.34
Working Capital
162
136
176
253
505
520
LT Debt
13
6
2
49
53
57
Total Equity
178
165
198
268
590
638
Return on Invested Capital (%)
- -
- -
13.11
20.64
25.23
- -
Return on Capital (%)
- -
- -
16.61
27.26
27.2
- -
Return on Common Equity (%)
- -
-7.8
17.86
29.83
30.13
- -

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
10
10
LT Borrowings
- -
- -
- -
LT Finance Leases
53
60
57
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
3,382
2,468
2,988

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
700
750
660
Cash, Cash Equivalents & STI
485
476
417
Accounts Receivable, Net
109
149
103
Inventories
47
71
74
Total Current Liabilities
195
239
140
Payables & Accruals
- -
- -
- -
ST Debt
9
10
10
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
120.24%
Free Cash Flow
- -
- -
9.75%
Net Income, GAAP
- -
- -
85.81%
Sales/Revenue/Turnover
- -
- -
32.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
193
- -
153
606
2025
163
271
- -
185
801
2026
232
190
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.72
- -
0.25
1.7
2025
0.51
1.56
- -
0.41
3.4
2026
0.65
0.51
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Thomas Bostrøm Jørgensen
Full Time Employees
225
Sector
Consumer services
Industry
Movies/Entertainment
Address
Oslo Norway
IPO Date
Nov 6, 2025
Website
appear.net
Business
Appear ASA is a Norway-based technology company that designs, develops, and delivers high-capacity media processing, live video contribution, and content distribution infrastructure for the global broadcast, telecommunications, and media entertainment industries. Founded in 2004 and headquartered in Oslo, Norway, the company provides hardware platforms and software solutions engineered for high-density video encoding, decoding, transcoding, multiplexing, and IP transport across live contribution, remote production, and broadcast distribution workflows. Appear ASA operates internationally, serving tier-one broadcasters, rights holders, network operators, and digital service providers across Europe, the Americas, Asia-Pacific, and the Middle East and Africa. The company delivers its technology through modular, software-defined hardware architectures and cloud-integrated media workflows. The company's core product and service portfolio comprises the X Platform, featuring the high-capacity X10 and X20 modular chassis for ultra-low latency contribution, remote production, SMPTE ST 2110 IP routing, JPEG XS compression, and SRT/Zixi secure internet transport; the XC Series, including the XC5000 and XC5100 high-density modular platforms for satellite, cable, terrestrial, and IPTV head-end processing; software-defined video processing modules supporting MPEG-2, AVC/H.264, and HEVC/H.265 compression standards; high-throughput IP encapsulation, firewalling, and traffic grooming solutions; integrated broadcast security and conditional access modules featuring BISS-CA encryption; and comprehensive network management software, system integration, and technical support services. In recent developments, Appear ASA has expanded its product offerings to address cloud-native and hybrid live production environments, introducing accelerated JPEG XS and SMPTE ST 2110 processing modules for live remote workflows. The company has broadened strategic collaborations with cloud service providers and broadcast technology vendors, including Amazon Web Services and Grass Valley, to enable scalable ground-to-cloud live contribution pipelines. Additionally, Appear has deepened its commercial deployment across global sporting events and live production contracts, expanded its international direct sales and channel partner footprint, and advanced the integration of software-defined media transport technologies to support sustainable, high-efficiency broadcast operations.