Magnora ASA (OSL:MGN)
| Market Cap | 2.03B +41.1% |
| Revenue (ttm) | 50.20M +36.4% |
| Net Income | -63.90M |
| EPS | -0.97 |
| Shares Out | 64.06M |
| PE Ratio | n/a |
| Forward PE | 1,713.14 |
| Dividend | 0.75 (2.36%) |
| Ex-Dividend Date | n/a |
| Volume | 520,760 |
| Average Volume | 492,620 |
| Open | 31.50 |
| Previous Close | 31.40 |
| Day's Range | 30.65 - 32.00 |
| 52-Week Range | 18.42 - 33.50 |
| Beta | 0.28 |
| RSI | 69.16 |
| Earnings Date | Apr 29, 2026 |
About Magnora ASA
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway. [Read more]
Financial Performance
In 2025, Magnora ASA's revenue was 97.70 million, an increase of 4147.83% compared to the previous year's 2.30 million. Earnings were 20.10 million, a decrease of -96.61%.
Financial StatementsNews
Magnora downgraded to Hold from Buy at Fearnley
Fearnley downgraded Magnora (SVMRF) to Hold from Buy with a DKK 29 price target
Magnora downgraded to Hold from Buy at Pareto
Pareto downgraded Magnora (SVMRF) to Hold from Buy with a DKK 30 price target
Magnora ASA Earnings Call Transcript: Q1 2026
Achieved a 10 GW portfolio and strong data center growth, with robust financials and a 20% ROE since 2020. Focus remains on expanding data centers, renewables, and BESS, while maintaining strict capital discipline and exploring a 2026 data center listing.
Magnora ASA Earnings Call Transcript: Q4 2025
Achieved record 60% portfolio growth in 2025, expanding into data centers and renewables across key markets. Maintained strong cash position, zero debt, and high shareholder returns, while targeting 12 GW by end-2026 and prioritizing high-margin segments.
Magnora ASA Earnings Call Transcript: Q3 2025
Accelerated data center development, strong market demand, and robust financial position with NOK 192 million in cash. Dividend cut to fund high-growth data center opportunities, with margins up to NOK 3 million per MW projected in the Nordics.
Magnora ASA Earnings Call Transcript: Q2 2025
Portfolio grew 65% year-over-year to 8 GW, with strong expansion in Italy, Germany, and South Africa. EBITDA was negative NOK 24.4 million, but the company maintains zero debt and a robust cash position, supporting ongoing dividends and buybacks.
Magnora ASA Earnings Call Transcript: Q1 2025
Strong project portfolio growth, robust financials, and high commercial interest across Europe and South Africa. Return on equity reached 49% in 2024, with a 7.5 GW land bank and a target of 10 GW by end-2025. Dividend maintained, with a focus on buybacks and disciplined capital allocation.
Magnora ASA Earnings Call Transcript: Q4 2024
Net profit of NOK 579 million was returned to shareholders in 2024, with record dividends and strong land bank growth. Entered new markets in Italy and Germany, upgraded guidance to 10 GW by 2025, and maintained zero debt and high capital flexibility.
Magnora initiated with a Buy at Kepler Cheuvreux
Kepler Cheuvreux initiated coverage of Magnora (SVMRF) with a Buy rating and NOK 35 price target The firm says the company is well positioned to take advantage of surging renewable…