Vow ASA (SSHPF)
Vow ASA operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Oslo, PS, NO. The stock last traded at $0.20, up 4.52% on the session, giving a market capitalisation of $57.0M. On trailing twelve-month figures it carries a trailing P/E of -2.64, a net margin of -22.5%. Its beta of 1.54 implies it has historically moved more than the broad market.
Vow ASA, an environmental technology company established in 2011 and headquartered in Lysaker, Norway (formerly Scanship Holding ASA until January 2020), operates internationally across Norway, France, Poland, the United States, Canada, and Italy. The company designs, supplies, and maintains advanced systems dedicated to the processing and purification of diverse waste streams, including wastewater, food waste, solid waste, and bio-sludge. Its operations are segmented into three primary areas. The "Projects Cruise" division focuses on equipping shipyards with solutions for new vessel constructions and existing ships with technologies for advanced wastewater treatment, comprehensive waste management, and efficient food waste processing, alongside systems for aquaculture sludge treatment. The "Aftersales" segment ensures continuous operational efficiency by providing essential spare parts, consumables, specialized chemicals, and bespoke service and maintenance programs. Complementing these, the "Landbased" segment offers innovative ground-based technologies such as Biogreen, a proprietary pyrolysis process for converting biomass, plastics, and various wastes into energy, and Safesteril, a patented sterilization method for food and pharmaceutical ingredients, in addition to industrial robotics systems specifically for waste recycling applications. Vow ASA caters to a broad spectrum of clients within the cruise, aquaculture, and general land-based industries, as well as utility providers. Furthermore, the company holds a strategic alliance with Repsol, S.A., through which they collaboratively explore and develop clean, renewable energy solutions aimed at reducing CO2 emissions.
Vow ASA is most often compared with the following Industrials names: