Applied UV Gains Momentum as Subsidiary Secures $0.8M Contract for Lighting, Building Controls
June 25, 2023
☀️Trending News
Applied ($NASDAQ:AUVI) UV, Inc. has seen its stock soar in recent days following the news that one of its subsidiaries, Avante Technology, has secured a $0.8 million contract for lighting and building controls. This sizeable contract has led to greater investor confidence in the company, helping it to reach new heights on the stock market. Applied UV is a global leader in the design and installation of ultraviolet (UV) disinfection systems for medical and industrial applications. The company’s products are used to effectively disinfect air and water, as well as to protect against pathogens, bacteria, and viruses. Applied UV also offers a wide range of services, including engineering, design, installation, and maintenance of its UV systems for customers around the world.
With its products already established and trusted by customers worldwide, the company is well-positioned to meet the demands of the future. As Applied UV continues to expand its presence in this exciting sector, investors can look forward to further appreciation of the company’s stock in the coming months.
Market Price
On Wednesday, APPLIED UV saw a dramatic upsurge in its stock price as its subsidiary was able to secure a lucrative $0.8M contract for lighting and building controls. The stock opened at $1.8 and closed at $2.0, an increase of 12.3% from its previous closing price of $1.8. This jump in its stock price shows investor confidence in the company and its ability to perform in this highly competitive market.
This contract is a testament to the success of the company’s long-term strategy and its focus on innovation and development of new technologies. With this new contract in hand, APPLIED UV is now well-positioned to take advantage of the growing demand in lighting and building controls. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Applied Uv. More…
| Total Revenues | Net Income | Net Margin |
| 27.44 | -20.92 | -47.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Applied Uv. More…
| Operations | Investing | Financing |
| -10.15 | -4.43 | 9.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Applied Uv. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 72.95 | 49.38 | 1.23 |
Key Ratios Snapshot
Some of the financial key ratios for Applied Uv are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 42.9% | – | -68.5% |
| FCF Margin | ROE | ROA |
| -37.3% | -57.6% | -16.1% |
Analysis
At GoodWhale, we conducted an analysis of the fundamentals of APPLIED UV. We found that according to Star Chart, APPLIED UV has a low health score of 2/10 with regard to its cashflows and debt, making it less likely to sustain future operations in times of crisis. While APPLIED UV is strong in growth, its profitability and asset and dividend strength are considered to be only medium. As such, we classify APPLIED UV as a ‘cheetah’ type company which achieved high revenue or earnings growth, but is considered less stable due to lower profitability. For investors considering APPLIED UV, they should be aware of the company’s medium profitability and low stability. However, investors with an appetite for risk may find such a high growth company interesting. They should also consider how they can mitigate their risks by diversifying their portfolio and having a long-term strategy to maximize returns. More…
Peers
Its competitors are Healthcare Co Ltd, Signature International Bhd, and Kewaunee Scientific Corp.
– Healthcare Co Ltd ($SHSE:603313)
The company’s market cap is 4.74B as of 2022. The company’s ROE is -0.51%. The company’s business is providing healthcare services.
– Signature International Bhd ($KLSE:7246)
Signature International Bhd is a Malaysia-based investment holding company. The Company’s segments include Property development, which is engaged in the development of residential and commercial properties; Property investment, which is engaged in the holding of investment properties; Hotel operations, which is engaged in the operations of a hotel; and Others, which include provision of management services and trading of building materials. The Company’s subsidiaries include Signature Properties Sdn. Bhd., which is engaged in property development and investment; Signature Hotel Sdn. Bhd., which is engaged in hotel operations; and Wisma Signature Sdn. Bhd., which is engaged in property investment.
– Kewaunee Scientific Corp ($NASDAQ:KEQU)
Kewaunee Scientific Corporation is a publicly traded company on NASDAQ with the ticker symbol KEQU. The company is based in Statesville, North Carolina and designs, manufactures, and markets scientific equipment for use in research laboratories and pilot plants worldwide. Kewaunee Scientific’s primary product lines are fume hoods, casework, and adaptable modular systems used in a variety of scientific applications. The company also provides related services, including installation and after-market support.
Summary
Applied UV has seen a surge in its stock price after its subsidiary secured a contract worth $0.8M for lighting and building controls. This is a positive development for the company that could be indicative of further growth potential. With the new contract, Applied UV could be looking at increased competitive advantages in the market and improved revenue outlooks for the future.
Investors should monitor the stock for any further momentum and determine if it is a good fit within their portfolios. Ultimately, Applied UV’s stock performance could be a sign of future success and investors may want to consider investing in the company.
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