As per last Friday, we said it wouldn’t be long before the company needs fresh cash. Less than a week later, we understand that
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Solar volumes are holding up better than expected, outweighing the more disappointing development of smart grids (allegedly temporary). But margins on
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North American energy providers are slashing investments by half in response to the Big Beautiful Bill. This should quite directly hit
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Q2 had slightly better revenues than we expected, but at slightly worse margins. One-offs were, however, more significant than modelled, and so
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The new Idea Pitch videos are now available: Amara NZero, Emeria, Kem One and Rekeep.
You can find them on the Sarria website landing page as well as on each individual company’s dedicated page.
Please find our updated analysis of Amara here
Picking companies in growth sectors, even when temporarily not growing, has the advantage that unforeseen circumstances rarely constitute default risk. If value is lost on the way somewhere, the business will eventually recover it. Add to that: 1) strong market share, 2) scalable cost structure, 3) cost focused management, 4) good liquidity and 5)
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We are shooting first and will ask questions later. Having followed the name for some time now and being satisfied with our predictions so far, we think the business can
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Solar revenues were slightly ahead of model and overall EBITDA was on target. From there, the main difference was a slight
Read MoreBonds dropped on what we believe to be a reaction from the Intersolar, which must have been a morbid affair this year. We don’t think Amara will run out of
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As tariffs continue to influence market dynamics, we've taken a comprehensive look across our coverage to highlight the names most likely to be affected. For full transparency, we've also included those that remain unaffected—it's just as important to understand where the impact isn't being felt.
The idea here is
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