A brief introduction: New listings on gettex

Once a month, an exciting selection is presented in more detail. By Thomas Schumm, Plusvisionen

Technology from Sweden

Novotek (WKN 924242) is a Swedish IT service provider in the areas of digitalisation, automation solutions and cyber security based on standard products and is primarily active in the Nordic countries, the Benelux countries, the UK, Ireland and Switzerland. Novotek has been listed on the stock exchange since 1999. Its current market value is 45.2 million euros.

Micro System (WKN 931444) is a global provider of forensic technology for investigating and analysing mobile devices. The Swedish company has been active in this segment since 1984. MSAB works with law enforcement agencies as well as prisons, intelligence agencies, tax authorities, border control authorities, the military and private companies. The stock exchange values the company at 70.7 million euros.

Shining gold

GoldMoney (WKN A40QYV) is a Canadian-listed trading and custody platform for precious metals. There is also a jewellery manufacturing division and the jewellery trading brand Meno, as well as a subsidiary for real estate investments in the UK. In the 2024 financial year, the precious metals division generated revenue of 59.3 million cane dollars, with total revenue amounting to 68.2 million cane dollars. The bottom line was a net loss of Can$ 21.0 million. As a result, the cash balance fell from 41.1 to 13.3 million can-dollars at the end of the financial year. Goldmoney's market capitalisation currently amounts to 89.5 million euros.

Pentixapharm (WKN A40AEG): Pentixapharm Holding AG was founded in 2024 to acquire all shares held by Eckert & Ziegler following the spin-off resolved on 26 June 2024. Pentixapharm Holding went public on 3 October. The issue price was 5.10 euros. The share is currently quoted at 3.90 euros, which corresponds to a market capitalisation of 93.6 million euros. Pentixapharm AG is a biopharmaceutical company founded in 2019 that specialises in the development of first-in-class radiopharmaceuticals. These are tested both diagnostically and therapeutically against various haematological (non-Hodgkin lymphomas) and solid tumours as well as cardiovascular, endocrine and inflammatory diseases. In addition, Pentixafor is being developed as a diagnostic tool for primary hyperaldosteronism, a major cause of high blood pressure.

Innovation from Finland

Solar Foods (WKN A40PU4): What the Finnish company is doing sounds like a vision from the distant future: desert planet paired with Soylent Green. The product is called Solein and is described by Solar Food as an all-purpose protein - ‘grown’ with the air we breathe. It is said to be nutritionally rich and unrivalled in its functionality and can be used in any food, regardless of dietary habits. Solein is now set to go into commercial production. Solar Foods expects to be less dependent on raw material suppliers or raw materials, which means that production can be replicated and expanded virtually indefinitely. In the first half of the year, the operating loss totalled 4.4 (previous year: 3.4) million euros. In the same period, 8.8 million euros in capital was raised, resulting in a cash balance of 24.2 million euros at the end of the first half of the year. The market values the future nutrition miracle at 159.9 million euros.

Vaisala (WKN 897122) is a Finnish technology group specialising in measuring instruments and measuring technology. The almost 90-year-old company currently employs 2,300 people. Important fields of activity are renewable energies and environmental protection. In the second quarter of 2024, turnover climbed by 14 per cent to 147.2 million euros. Earnings per share amounted to 0.49 (previous year: 0.22) euros. Investors currently see a value of 1.6 billion euros.

Artificial climate

Oodash (WKN A3ETB3) is a Swedish company based in Stockholm and Munich and provides global consulting services in the fields of data security, artificial intelligence (ChatGPT apps) and blockchain. The Oodash motto is: ‘Talk to your data.’ Its home stock exchange is Nasdaq Stockholm First North. It has also recently been listed on the Munich Stock Exchange. The stock exchange currently values Oodash at 6.3 million euros.

CSW Industrials (WKN A140CD) is divided into three segments: Contractor Solutions, Specialised Reliability Solutions and Engineered Building Solutions. CSW's most important end markets include: Heating, Air Conditioning and Ventilation, Plumbing, Industrial (plant maintenance), Building Products (refurbishment, maintenance), Energy, Mining and Rail. In the first quarter of the 2025 financial year, turnover totalled USD 226.2 million. Net profit for the quarter totalled 38.6 million dollars. The market capitalisation currently amounts to 6.1 billion euros.

Train to the house

FreightCar America (WKN A0D890) from the USA (based in Chicago, founded in 1901) manufactures transport wagons for rail transport. These include railcars for transporting cars or bulk goods as well as container railcars. In the second quarter of 2024, 1,159 railcars were delivered and revenue of USD 147.4 million was generated. The net quarterly profit was USD 8.2 million. The stock market currently sees a value of 224.6 million euros.

Hovnanian Enterprises (WKN A2N69Z) was founded in 1959. The company builds and markets detached houses, townhouses and flats in 13 states in the USA. Hovnanian also offers corresponding financial services. Last year, the property company achieved a turnover of 2.8 billion dollars and a net profit of 206 million dollars. Hovnanian is one of the largest residential property companies in the USA. The stock exchange currently values it at one billion euros.

(Translated with DeepL)