Otovo - markedsledende på solceller

Nocturne · mars 9, 2026, 8:28am

Otovo hentet nylig 160 MNOK i en emisjon på 11,50 kr , altså samme pris som sluttkurs den dagen. Det er relativt uvanlig – emisjoner i små vekstselskaper gjøres som regel med rabatt. At den ble gjort på markedskurs tyder på at institusjonelle investorer var villige til å gå inn uten rabatt. Det ble også gjennomført endel insidekjøp ifbm. emisjonen.

Pengene skal blant annet brukes til oppkjøpet av EnergyAid, OEM-partnerskap og videre satsing på servicevirksomhet , spesielt i USA.

Selskapet er tydelig i ferd med å pivote fra solinstallasjoner til service, vedlikehold og abonnementstjenester . Den modellen er mer kapitallett og kan gi mer stabile marginer dersom den lykkes.

Gitt at pivoten mot serviceplattform faktisk begynner å materialisere seg de neste kvartalene, mener jeg aksjen bør være meget attraktiv på disse nivåene.

TekBot · mars 9, 2026, 4:27pm

Otovo ASA – Disclosure of Shareholding

Reference is made to the announcement published by Otovo ASA (the “Company”) on 2 March 2026 regarding the lending of 11,070,520 shares from Jackson Leigh Ventures, LLC, a company closely associated with the Company’s CEO, William John Berger. This share lending was arranged to facilitate delivery versus payment (DVP) settlement for tranche 1 of the successful private placement of 13,985,000 new shares at a subscription price of NOK 11.50 per share (the “Private Placement”), as outlined in the share lending agreement between Arctic Securities AS, acting as manager in the Private Placement, (the “Manager”), the Company, and Jackson Leigh Ventures, LLC (the “Share Lending Agreement”).
Further reference is made to the Company’s announcement on 9 March 2026 concerning the registration of the share capital increase related to the issuance of the 11,070,520 new shares in tranche 1 of the Private Placement with the Norwegian Register of Business Enterprises.
All 11,070,520 new shares issued in tranche 1 of the Private Placement were subscribed for by the Manager and subsequently redelivered in full to Jackson Leigh Ventures, LLC, thereby settling the shares borrowed under the Share Lending Agreement.
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Following the redelivery, Jackson Leigh Ventures, LLC now holds 12,313,023 shares in the Company, representing 19.18% of the total shares and voting rights in the Company.
This notification is made in accordance with Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · mars 9, 2026, 4:27pm

Otovo ASA: New share capital registered

Reference is made to the stock exchange announcement by Otovo ASA (the “Company”) on 2 March 2026 regarding the successful private placement of 13,985,000 new shares in the Company (the “Offer Shares”) at a subscription price of NOK 11.50 (the “Private Placement”).
The Offer Shares have been allocated in two tranches whereby (i) tranche 1 consists of 11,070,520 new shares (“Tranche 1”) issued by the Board of Directors pursuant to the authorization granted by the general meeting on 5 December 2025 and (ii) tranche 2 consists of the remaining 2,914,480 new shares (“Tranche 2”), subject to approval by an extraordinary general meeting of the Company to be held on 24 March 2026.
The share capital increase pertaining to the issuance of the 11,070,520 new shares in Tranche 1 has today been registered with the Norwegian Register of Business Enterprises.
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Following the registration, the share capital of the Company is NOK 6,420,960.10, divided on 64 209 601 shares, each with a nominal value of NOK 0.10.
This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Oslo Børs.

Kilde

TekBot · mars 11, 2026, 7:07am

Disclosure of Shareholding

TekBot · mars 24, 2026, 5:00pm

Otovo ASA: Minutes of the Extraordinary General Meeting

TekBot · mars 24, 2026, 5:42pm

Otovo ASA – Mandatory Notification of Trade and Disclosure of Shareholding

Reference is made to the announcement by Otovo ASA (the “Company”) on 2 March 2026 regarding the successful private placement of 13,985,000 new shares in the Company at a subscription price of NOK 11.50 (the “Private Placement”). Reference is further made to the announcement from the Company today regarding the completion of extraordinary general meeting.
The delivery versus payment (DVP) settlement in the Private Placement is facilitated by a share lending agreement between Arctic Securities AS, acting as manager in the Private Placement (the “Manager”), the Company and Jackson Leigh Ventures, LLC, a company controlled by the Company’s CEO, William John Berger (the “Share Lending Agreement”).
Disclosure of share lending
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To facilitate DVP settlement of the shares allocated to investors in tranche 2 of the Private Placement, Jackson Leigh Ventures, LLC, a company closely associated with the Company’s CEO, William John Berger, has lent 2,914,480 existing shares in the Company to the Manager pursuant to the Share Lending Agreement.
The extraordinary general meeting of the Company has resolved to issue 2,914,480 new shares in tranche 2 of the Private Placement. All such new shares will be subscribed for by the Manager, and, if and when issued, an aggregate of 2,914,480 new shares will be delivered by the Manager to Jackson Leigh Ventures LLC in full settlement of the shares borrowed under the Share Lending Agreement.
Disclosure of shareholding
Prior to the Private Placement, Jackson Leigh Ventures LLC held 12,313,023 shares in the Company, representing 23.17 % of the total shares and votes in the Company.
Following the board of directors’ resolution to issue 11,070,520 new shares in tranche 1 of the Private Placement, Jackson Leigh Ventures LLC’s proportionate shareholding was diluted to 19.18% of the total shares and votes in the Company.
Following the extraordinary general meeting’s resolution to issue 2,914,480 new shares in tranche 2 of the Private Placement, Jackson Leigh Ventures, LLC’s share has been further diluted to 18.34 % of the total shares and votes in the Company.
Pursuant to the Share Lending Agreement and in order to facilitate DVP settlement in tranche 2 of the Private Placement, Jackson Leigh Ventures LLC will temporarily hold 9,398,543 shares, representing 14.00 % of the total shares and votes in the Company. This temporary reduction in shareholding will be reversed upon re-delivery of the borrowed shares to Jackson Leigh Ventures LLC in settlement of the Share Lending Agreement, as described above.
Disclosure regulation
This disclosure is made pursuant to Article 19 of the EU Market Abuse Regulation (mandatory notification of trades by persons discharging managerial responsibilities and persons closely associated with them) and Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · mars 27, 2026, 10:26am

Otovo ASA: New share capital registered

Oslo, 27 March 2026
Reference is made to the stock exchange notice published by Otovo ASA (the “Company” or “Otovo”) on 27 March 2026 regarding the resolution by the Company’s extraordinary general meeting to issue 2,914,480 new shares in tranche 2 (the “Tranche 2 Shares”) of the private placement announced on 2 March 2026.
The share capital increase pertaining the issuance of the Tranche 2 Shares has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).
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Following the registration, the Company’s share capital is NOK 6,712,408.10, divided into 67,124,081 shares, each with a nominal value of NOK 0.10.
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Kilde

TekBot · april 2, 2026, 12:00am

Otovo ASA: Definitive Agreement and Closing of EnergyAid Transaction

Oslo, 2 April 2026 - Reference is made to the announcement by Otovo ASA (the “Company” or “Otovo”) on 2 March 2026 regarding the letter of intent entered into between Otovo and EnergyAid Inc. (“EnergyAid”), a leading provider of exceptional residential solar service and repair solutions in California, Arizona, and Nevada.
On 1 April 2026 Otovo and EnergyAid entered into a share purchase agreement (the “SPA”), whereby Otovo has acquired 100% of the issued and outstanding shares in EnergyAid. The purchase price is USD 11,500,000, subject to customary adjustments for, inter alia, working capital and net debt pursuant to the SPA, and will be settled through a combination of cash and new shares in Otovo.
Otovo will as a result issue a total of 7,413,019 shares as consideration to the sellers in EnergyAid (the “Consideration Shares”). A total of 6,671,723 Consideration Shares have been issued by the Board of Otovo today, and the remaining 741,296 Consideration Shares will be deferred and issued following expiry of a 12 month’ indemnification period. The Consideration Shares are issued at a subscription price of NOK 11,7923 which represents the 30 day’ VWAP of the Company’s shares per 30 March 2026. The Consideration Shares will be issued on a separate ISIN pending approval and publication of the Prospectus referred to in the announcement on 2 March 2026. The Consideration Shares will be subject to a 12 month’ lock-up period, where 20% will be released from lock-up after 180 calendar days.
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Otovo will register the new share capital increase with the Norwegian Register of Business Enterprises (“NRBE”) and issue a separate announcement when the registration of the share capital increase has been completed.
Following the registration with the NRBE of the Consideration Shares issued at closing, Otovo’s share capital will be NOK 7,379,580.40 comprised by 73,795,804 shares, each with a nominal value of NOK 0,10.

DISCLOSURE REQUIREMENT
This information is subject to the disclosure requirements in Section 5-12 of the Norwegian Securities Trading Act.

CONTACT INFORMATION
For further information, please contact:
William J. (John) Berger, Chief Executive Officer Email: john.berger@otovo.com

ABOUT OTOVO
Otovo is an AI-Native home and business energy services company in Europe and the United States. We combine real-time equipment monitoring, rapid repairs, dependable power supply, and grid participation into a single, seamless service–delivering maximum service at a minimal cost. Endurance, Otovo’s industry-leading AI platform, continually monitors installed equipment in homes and businesses, optimizes the entire service process from problem detection to resolution, and coordinates repairs around the clock. “Your Power, Backed by Ours.” Otovo is listed on the Euronext Oslo Stock Exchange under the ticker OTOVO. Visit us at https://otovo.ai/.

Kilde

Ravioli · april 2, 2026, 6:28am

Markedet for “small solar” er bra i USA, burde bli mange potensielle kunder for det nye Otovo her etter hvert

TekBot · april 7, 2026, 11:42am

Otovo ASA: New share capital registered

Oslo, 7 April 2026
Reference is made to the stock exchange notice published by Otovo ASA (“Otovo”) on 2 April 2026 regarding the definitive agreement (the “SPA”) entered into between Otovo and EnergyAid Inc. (“EnergyAid”) whereby Otovo has acquired 100% of the issued and outstanding shares in EnergyAid (the “Transaction”).
The share capital increase pertaining the issuance of the consideration shares has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).
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Following the registration, Otovo’s share capital is NOK 7,379,580.40, divided into 73,795,804 shares, each with a nominal value of NOK 0.10.
The newly issued shares have been delivered on a separate, unlisted ISIN pending publication of a listing prospectus.
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Kilde

TekBot · april 8, 2026, 11:04am

Otovo ASA: Share Option grant

Oslo, 8 April 2026
Otovo ASA (the “Company”) has granted share options to employees and senior management. In this connection, PDMRs Jennifer Santoscoy (CFO) and Eleanor Gilbane (General counsel) have been granted a total of 521,909 and 260,955 options, respectively.
The options are granted in accordance with the Company’s guidelines for remuneration of senior executives and board members, as approved by the Company’s annual general meeting on 25 April 2023.
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Each option provides a right to acquire one share in the Company at the exercise price, equal to NOK 12.546. The options vest in three equal tranches over the period from 1 January 2027 to 1 January 2029, subject to the holder’s continued employment with the Company.
Notifications of the transaction in accordance with the Market Abuse Regulation Article 19 are attached to this announcement.
This disclosure is made pursuant to Article 19 of the EU Market Abuse Regulation (mandatory notification of trades by persons discharging managerial responsibilities and persons closely associated with them) and Section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · april 9, 2026, 5:52pm

Financial calendar

TekBot · april 16, 2026, 9:40pm

Otovo publishes 2025 Annual Report

Oslo, 16 April 2026
Today, Otovo ASA has published its Annual Report for 2025.
The Annual Reports and related ESEF files are attached to this stock exchange notice and published on:
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Financial reports & presentations | Otovo Investor Relations.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
For further queries, please contact:
Sondre Bergloff, VP Corporate Finance Email: sondrebe@otovo.com

About Otovo: Otovo is an AI-Native energy services company in Europe and the United States. We combine real-time equipment monitoring, rapid repairs, dependable power supply, and grid participation into a single, seamless service–delivering maximum service at a minimal cost. Endurance™, Otovo’s industry-leading AI platform, continually monitors installed equipment in homes and businesses, optimizes the entire service process from problem detection to resolution, and coordinates repairs around the clock. “Your Power, Backed by Ours.” Otovo is listed on the Euronext Oslo Stock Exchange under the ticker OTOVO. Visit us at otovo.com.
Follow us on investor.otovo.com for reports, financial calendar, contact details, and more.

Kilde

TekBot · april 24, 2026, 6:02am

Otovo ASA: Notice of Annual General Meeting 2026

Oslo, 24 April 2026

The Annual General Meeting of Otovo ASA (the “Company”) will be held on 15 May 2026 at 14:00 CEST as a digital meeting.
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The notice and agenda of the General Meeting and the recommendations of the Nomination Committee are attached to this message. The documents related to the Annual General Meeting, including the Annual Report for 2025 and the remuneration report for 2025 are available on the Company’s website: Financial reports & presentations | Otovo Investor Relations.

All shareholders wishing to attend and vote at the General Meeting must register their attendance by 12 May 2026 at 16:00 hours (CEST).

Further information about registration and digital attendance to the meeting is included in the notice.

This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · mai 15, 2026, 2:30pm

Otovo ASA: Minutes of the Annual General Meeting

TekBot · mai 22, 2026, 9:05pm

Otovo Hits 30,000 Customers in Under a Year, Tackling the Growing ‘Solar Service Crisis’

A growing wave of unsupported solar systems and rising electricity prices are creating strong demand for Otovo’s energy service platform

HOUSTON–(BUSINESS WIRE)–Otovo ASA (“Otovo”), a leading global energy service provider for residential and commercial customers, today announced it has reached 30,000 customers across the U.S. and Europe. A total of 20,000 customers have enrolled in Otovo Care, the Company’s membership-based home and commercial energy service, which is powered by Otovo’s industry-leading AI platform, Endurance™.
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“Reaching 30,000 customers in less than year is proof positive that home and business owners value their power systems,” said William J. (John) Berger, CEO of Otovo. “The ‘solar service crisis’ that is leaving millions of orphaned energy systems without support is driving strong interest in our Otovo Care membership program. Every day your home or commercial power system is not working, you are throwing money away. Otovo’s rapid response service platform keeps you up and running, ensuring your investment is delivering.”

The rapid growth of the residential solar market created a growing population of “orphaned” solar systems – installations left without support when the original providers exit the market or discontinue service operations. This ‘solar service crisis’ has left millions of home and business owners without a way to maintain or service their primary source of electricity.

“Home and business owners are realizing that solar ownership doesn’t end at installation,” said Berger. “We have quickly become the leading service provider for residential and commercial customers. The double whammy of skyrocketing energy prices and lack of service have created a void in the market that Otovo is here to fill.”
Otovo provides energy system support for solar, batteries and generators. The Company’s customer base includes one-time repairs and those that enroll in its Otovo Care membership program. Otovo Care is designed to help home and business owners protect energy savings, avoid unexpected downtime, and maximize the long-term value of their power investment.

The Company’s proprietary Endurance™ AI platform continuously monitors customer systems, identifies performance issues in real time, and coordinates service dispatch and repairs. The platform helps reduce downtime, lower maintenance costs, and improve first-visit repair success rates. Endurance diagnoses the issue before Otovo dispatches its highly-skilled technicians, providing customers with a streamlined service that increases response time and reduces costs.

Otovo’s comprehensive home energy solutions are delivered through an integrated platform that combines electricity supply, professional service and maintenance, and smart grid optimization via a Virtual Power Plant (VPP). Homeowners gain reliable power and dependable service through a single trusted partner.

About Otovo
Otovo is technology-enabled energy services company in Europe and the United States. We combine real-time equipment monitoring, rapid repairs, dependable power supply, and grid participation into a single, seamless service–delivering maximum service at a minimal cost. Endurance™, Otovo’s industry-leading AI platform, continually monitors installed equipment in homes and businesses, optimizes the entire service process from problem detection to resolution, and coordinates repairs around the clock. “Your Power, Backed by Ours.” Otovo is listed on the Euronext Oslo Stock Exchange under the ticker OTOVO. Visit us at otovo.com.

Contacts
Matt Dallas
917-363-1333
matt.dallas@icrinc.com

Kilde

TekBot · mai 26, 2026, 8:01am

Invitation to Q1 2026 presentation 28 May

TekBot · mai 27, 2026, 5:01am

Otovo to Acquire SST – Seventh acquisition since December 2025

Strategic acquisition would expand Otovo’s U.S. footprint with coast-to-coast operations

HOUSTON, TX, May 27, 2026 – Otovo ASA (Euronext Oslo Børs: OTOVO) today announced it has signed a non-binding letter of intent to acquire SunSystem Technology, LLC (“SST”), a premier U.S. provider of operations and maintenance (“O&M”) services for distributed generation assets.
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Highlights
• Transaction expected to comprise of (a) $0.77m cash consideration at closing and (b) a three year earn-out up to $1.3m based upon net income targets, payable in cash and Otovo shares
• SST had revenue of ~$14m in 2025, implying a maximum EV/Revenue multiple of 0.15x, assuming full earn-out
• SST is a national leader in distributed generation O&M with over 10 years of operating history, serving residential portfolios, commercial system owners and asset managers across 14 U.S. states, directly complementing Otovo’s existing U.S. operations
• Synergies to be realized with SST’s field operations being integrated onto the Endurance® AI platform, automating intake, dispatch, scheduling and supply chain
• The expanded national footprint enhances the value of Otovo’s existing OEM and asset owner relationships, enabling multi-state service delivery

The LOI is subject to satisfactory completion of due diligence, necessary corporate resolutions, and the parties entering into definitive agreements, in addition to customary closing conditions.

“SST is our seventh transaction since the December 2025 merger and follows the playbook we committed to: accretive acquisitions of high-quality service businesses, integrating them onto the Endurance® platform, and building the scale. SST’s expertise and coast-to-coast footprint is a strategic asset, and we look forward to welcoming the SST team to Otovo,” said William J. (John) Berger, CEO of Otovo.

“Joining forces with Otovo represents an exciting opportunity to leverage cutting-edge AI technology while maintaining the high-quality, customer-focused service SST is known for,” said Matt Alestra, CEO of SunSystem Technology. “Otovo’s vision for integrated energy solutions aligns perfectly with our commitment to ensuring optimal performance of solar assets. Together, we’ll deliver even greater value to customers facing rising electricity prices and the challenge of maintaining their energy investments.”

Executing a Proven M&A Playbook
The SST acquisition is the latest in a series of transactions since the December 2025 merger that have rapidly built Otovo’s service platform:
• Zolar / Soly / Solcellespesialisten: European customer portfolios acquired at low cost; thousands of orphaned customers converted to Otovo Care memberships
• Freedom Power: Commercial service portfolio of 400+ systems across Texas, Florida and Colorado
• Solar Service Professionals (SSP): Entry into California, the largest U.S. solar state
• EnergyAid: $18m revenue, CA/AZ/NV, acquired for $11.5m EV
• SunSystem Technology (SST): ~$14m revenue, 14-state coverage, maximum consideration ~$2.1m

About SunSystem Technology
As a solar operations and maintenance (O&M) and asset management company, SunSystem Technology has deep experience in post-installation PV services ensuring optimal financial performance of solar assets. Over the past 10 years, SST has set the standard for the solar industry in servicing distributed generation, EV charging, and storage systems. Their innovative and agile approach has created clear market leadership with significant scale and robust national coverage for residential portfolios, commercial system owners, asset managers, and EV charging station networks. For more info visit sstsolar.com.

About Otovo
Otovo is a technology-enabled energy services company in Europe and the United States. We combine real-time equipment monitoring, rapid repairs, dependable power supply, and grid participation into a single, seamless service–delivering maximum service at a minimal cost. Endurance™, Otovo’s industry-leading AI platform, continually monitors installed equipment in homes and businesses, optimizes the entire service process from problem detection to resolution, and coordinates repairs around the clock. “Your Power, Backed by Ours.” Otovo is listed on the Euronext Oslo Stock Exchange under the ticker OTOVO. Visit us at otovo.com.

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Contact

Matt Dallas
917-363-1333
matt.dallas@icrinc.com
DISCLOSURE REQUIREMENT: This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Eleanor Gilbane, general counsel, at the time and date stated above in this announcement.

Kilde

TekBot · mai 28, 2026, 5:00am

OTOVO ASA – Q1 2026 RESULTS: TRANSFORMATION ON TRACK, STRONG FORWARD MOMENTUM

Oslo, 28 May 2026 – Otovo ASA (Oslo Børs: OTOVO) today published its results for Q1 2026.

Q1 2026 - A Deliberate Transition
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Q1 2026 reflects a quarter of intentional strategic repositioning. The company continued to de-emphasise capital-intensive newbuild installations in favour of higher-margin service-led revenues, including recurring services, field services and upgrade sales, while simultaneously integrating newly acquired businesses and rolling out the proprietary Endurance® AI platform across the group.
Total revenue was $9.0m (Q1 2025: $12.8m), as the newbuild segment was de-emphasised in line with strategy. Service and Recurring revenues, the core of the service-led model and complemented by upgrade sales, grew from zero in Q1 2025 to $1.6m combined in Q1 2026, and continue to build week-over-week. Adjusted EBITDA improved to -$5.5m from -$5.9m in Q1 2025, despite the lower revenue base, reflecting a $2.2m lower opex base year-on-year (-23%) as $3.7m lower European payroll and Marketing cost more than offset the cost base consolidated from Onvis.
The Q1 financials do not include EnergyAid (consolidated from Q2 2026), SunSystem Technologies (SST), or the revenue and operating benefits expected from the Green Panel strategic relationship; these contributions are expected to commence from Q2 2026 and onwards.

CEO Comment
"Q1 was exactly what we said it would be, a transitional quarter as we de-emphasise newbuild while ramping the service revenues, membership base and upgrade sales that will define this company going forward. The underlying numbers tell the right story: costs down 23%, service revenues growing every week, and unit economics improving. What matters most, however, is what comes next.
We enter Q2 with a string of catalysts that are expected to fundamentally change the financial profile of the company. EnergyAid consolidates from this quarter, expected to bring nearly $19m in annualized revenue. The strategic relationship with Green Panel becomes operational. Organic sales are accelerating across service, memberships and upgrades, with strong w/w momentum, and our commercial business with meaningfully higher ARPU is gaining traction. And with the company-wide Endurance® rollout to complete by Q3, we expect to capture $4m in annualized savings against our Q1 pro forma base.
Our M&A pipeline remains highly active. In addition to those already closed and underway, we continue to evaluate several potential targets for a strategic fit, accretion and integration potential. This is a platform designed for consolidation, and we are executing that strategy at pace.”
William J. (John) Berger, Chief Executive Officer

Business Highlights Q1 and to date
• Delivered material organic cost reductions across the European business, with European payroll down $2.3m and marketing spend down $1.5m year-on-year as newbuild activity was de-emphasised in line with strategy
• Membership base grew to approximately 20,000 (including EnergyAid), with strong week-on-week momentum and contribution from the acquired customer portfolios
• Ramped Field Services operations through Q1 2026, growing the technician base and supply chain capacity; COGS in the quarter reflects investment in training and geographic density build-out, with unit economics expected to improve through Q2 and Q3
• Acquired three European customer portfolios (Zolar/Soly/Solcellespesialisten) and completed integration of Onvis Inc., establishing the US platform
• Acquired Solar Service Professionals (SSP) in California, entering the largest US solar state
• Acquired EnergyAid (CA, AZ, NV). $18.7m revenue in 2025, 30 service vehicles and 29 technicians, for $11.5m enterprise value. EnergyAid is already integrated ahead of schedule with $3m in identified annual cost savings
• Signed LOI to acquire SunSystem Technology (SST). Complementing existing US operations and adding $14m revenue, for $2.1m enterprise value including a potential $1.3m earn-out based on net income targets
• Established a strategic commercial relationship with Green Panel for pan-European field service delivery
• Endurance® platform rollout underway across all entities; $4m in annualised run-rate savings identified for H2 2026, comprising $2.3m in SaaS cost avoidance and $1.7m in associated staffing reductions

Outlook
Otovo today issues its 2026 full-year guidance, targeting revenue of $80–90m and adjusted EBITDA of $2.5–7.5m.
Year-end 2026 customer target is 60,000, net of churn.
The company expects the second half of 2026 to reflect a materially improved financial profile as EnergyAid and SST consolidate, the Green Panel relationship becomes operative across European markets, commercial customer activity and upgrade sales ramp, and the full benefits of the Endurance® rollout are realised.
Beyond closed acquisitions, Otovo continues to evaluate strategic opportunities that could accelerate the service-led platform. Any acquisitions or strategic transactions going forward would be additive to current guidance.

Results Presentation
The Q1 2026 results will be presented via webcast at 10:00 and can be viewed through the following link: www.investorweb.co/webcastdetail?id=69fc9658f012cc9d88ce59d2

For further information or questions please contact Investor Relations via e-mail to ir@otovo.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the company’s expectations, plans, objectives, strategy, future operations, business performance, financial condition, prospects, growth opportunities, market position, anticipated benefits of transactions or initiatives, and other statements that are not historical facts. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions.
These forward-looking statements are based on current expectations, assumptions, estimates, and projections and are subject to risks, uncertainties, and other factors, many of which are beyond the company’s control, that could cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, market conditions, regulatory developments, competitive pressures, customer demand, supply chain constraints, macroeconomic conditions, execution risks, and other risks described in the Company’s public filings or other disclosures, if applicable.
The company undertakes no obligation to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Kilde