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u-blox Holding AG (CH:UBXN)
:UBXN
Earnings Data
Report Date
―TBA Not Confirmed
Period Ending
―Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: ―
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging year for u-blox, with significant revenue decline and losses. However, the company has made strategic decisions to streamline operations and focus on high-margin segments, positioning itself for future growth. Cost optimization efforts have been successful, and a strong cash position provides a solid foundation for recovery.Company Guidance
In the u-blox Full Year 2024 Results Conference Call, the company provided several important metrics and updates. They reported a solid free cash flow of CHF10 million despite a challenging year, with significant cost reductions exceeding their CHF20 million target, achieving CHF25 million in savings. The company's gross margin improved by almost 200 basis points, reaching 46% in 2024. They also announced a strategic shift to focus on their Locate business, with a target financial model aiming for revenue of CHF350 million and a cash EBIT margin of over 25%. The company executed a 20% workforce reduction and plans to phase out their Cellular business, which previously contributed a third to their revenue. A significant reduction in R&D capitalization was made, with expectations of low single-digit capitalization in 2025. The balance sheet ended with a strong net cash position of CHF91 million, highlighting the company's financial resilience and strategic direction focused on driving future growth and profitability.Cost Optimization Success
u-blox exceeded their cost optimization target, achieving total savings of CHF25 million versus the initial target of CHF20 million.
Positive Cash Flow Despite Challenges
In a challenging year, u-blox managed to achieve a solid free cash flow of CHF10 million.
Gross Margin Improvement
The company's gross margin improved by almost 200 basis points, reaching 46% in 2024.
Strong Cash Position
u-blox concluded the year with a strong net cash position of CHF91 million, higher than previous years.
Locate Business Focus
The strategic decision to focus on the Locate business, with expectations of double-digit growth in 2025.
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CH:UBXN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CH:UBXN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $69.50 | $79.00 | +13.67% |
| Aug 07, 2024 | $76.70 | $78.60 | +2.48% |
| Mar 06, 2024 | $85.22 | $85.42 | +0.23% |
| Aug 18, 2023 | $91.75 | $74.55 | -18.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does u-blox Holding AG (CH:UBXN) report earnings?
Currently, no data Available
What is u-blox Holding AG (CH:UBXN) earnings time?
Currently, no data Available
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What companies are reporting earnings today?
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What is the P/E ratio of u-blox Holding AG stock?
The P/E ratio of u-blox Holding AG is N/A.
What is CH:UBXN EPS forecast?
Currently, no data Available
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