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poLight ASA

poLight ASA

PLT.OL
poLight ASANO flagOslo Stock Exchange
11.14
NOK
+0.32
- -
2.37BMarket Cap
poLight ASA
PLT.OL
(Oslo Stock Exchange)

Recent

price

11.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.01
0.02
0.03
0.06
0.05
0.17
0.21
0.31
0.09
0.12
0.11
Revenue per Share
- -
-1.43
-1.07
-1.47
-1.99
-1.52
-0.93
-0.9
-1.04
-1.19
-0.97
-0.67
-0.39
Basic EPS, GAAP
- -
-1.5
-1.91
-2.13
-2.35
-1.03
-0.78
-0.87
-1.12
-1.32
-0.68
-0.53
-0.28
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.77
0.02
0.03
-11.15
-9.85
-10.05
0.05
0.06
0.05
0.08
0.07
-0.03
Book Value per Share
- -
1.79
4.43
2.4
3.24
1.45
1.55
3.03
1.93
2.53
2.11
1.92
1.47
Tangible Book Value per Share
- -
34
34
34
39
51
55
59
65
72
105
175
217
Basic Weighted Avg Shares
- -
- -
- -
1
1
3
3
10
13
23
10
20
23
Sales/Revenue/Turnover
- -
-30,372.84
-17,346.3
-8,500.33
-7,430.92
-2,649.6
-1,701.49
-541.53
-517.44
-393.1
-1,128.45
-621.81
-399.04
Operating Margin (%)
- -
1
1
1
1
26
12
12
10
10
10
11
8
Depreciation Expense
- -
-49
-37
-51
-77
-78
-51
-53
-68
-85
-102
-118
-86
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-30,446.91
-17,029.63
-8,263.78
-7,434.01
-2,605.89
-1,694.44
-533.05
-508.05
-379.77
-1,057.62
-577.33
-370.73
Profit Margin (%)
-23
63
152
81
124
72
83
177
114
172
212
327
308
Working Capital
4
3
2
1
- -
1
- -
4
3
2
10
10
10
LT Debt
-20
78
195
150
201
128
129
213
151
200
232
339
321
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-270.38
-6,713.98
- -
- -
- -
- -
-1,987.59
-2,269.72
-1,720.79
-1,179.6
-896.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
213
213
213
Market Capitalization
900
1,373
1,152

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
351
328
Cash, Cash Equivalents & STI
- -
282
262
Accounts Receivable, Net
- -
7
12
Inventories
- -
54
51
Total Current Liabilities
- -
24
19
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.71%
26.23%
46.29%
Free Cash Flow
9.85%
19.31%
29.2%
Net Income, GAAP
12.39%
18.53%
16.19%
Sales/Revenue/Turnover
86.49%
77.91%
112.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
5
2
1
10
2025
4
3
- -
9
20
2026
11
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.31
-0.24
-0.2
-0.25
-0.97
2025
-0.14
-0.14
- -
-0.15
-0.67
2026
-0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
poLight ASA develops and markets patented tunable optics technology, primarily through its proprietary TLens products that replicate the human eye's focusing mechanism for advanced autofocus camera systems; TLens replaces traditional Voice Coil Motor systems with solutions offering instant focus up to 10 times faster, ultra-low power consumption, constant field of view, small footprint, no magnetic interference, and all-in-focus capabilities. Core offerings include the TLens product family for applications in consumer devices such as smartphones, wearables, webcams, laptops, and augmented/mixed reality glasses; industrial barcode scanners and machine vision systems; enterprise AR/MR and automotive cameras; as well as emerging healthcare and scientific imaging products; complementary products encompass the TLens Driver ASIC for low-power control, evaluation kits for prototyping, and add-on/add-in camera modules. Founded in 2005 and headquartered in Tønsberg, Norway, the fabless company operates globally with employees across Finland, France, China, Taiwan, Japan, the United States, the United Kingdom, and the Philippines, serving OEMs in consumer electronics, industrial, and professional markets through established MEMS foundries and suppliers. In 2025, poLight secured a strategic investment agreement with Q Technology Group, backed by a U.S. top-tier consumer electronics OEM, issuing 63.7 million new shares for gross proceeds of NOK 171.5 million to enhance TLens production capacity and market positioning; this was followed by a private placement and repair offering raising an additional NOK 222.9 million gross (NOK 209.5 million net), boosting cash reserves to NOK 273.1 million as of June 30, 2025. Recent commercial milestones include repeat purchase orders totaling NOK 2.9 million across barcode/machine vision and consumer segments, new design-ins with existing and prospective customers, prototype sampling of M12 TLens solutions, and a major order potentially worth NOK 17 million from the Q Technology-backed OEM for a consumer product qualification program. Post-Q2 developments feature a confirmed enterprise design-win for H2 2025 product launch, partnership with new barcode customer IData for five scan-engine products, resolution of a patent infringement claim commercially, and technology showcases at CES 2026, SHARP Technology Day, and events like OPIE, SID Display Week, and AWE USA; ongoing initiatives include lead-free TLens development and new ASIC controllers amid intensified OEM engagements.