WED, NOV 11, 2020 08:45 CET
LED iBond International A/S (LED iBond) has entered into an agreement with Västra Hamnen Corporate Finance AB (Västra Hamnen) about the provision of commissioned research coverage. Västra Hamnen will provide an ongoing analysis of the company, its products, markets and competitors. It will also construct a financial scenario to serve as basis for an estimate of fair market valuation of LED iBond.
In its initial research report, Västra Hamnen highlights the following:
“LED iBond International develops innovative LED lighting solutions that combine LED lighting with IoT functionality. The company’s patented technology platform is based on a 6 mm thin aluminium structure with superior cooling capabilities compared to competitors. The design lowers the operating temperature for the LED lights, thereby dramatically increasing their lifetimes and reducing the cost of ownership. The panels are versatile, easy to install with no cabling required, and can even be used in confined environments where temperature control is a key parameter.”
In conclusion, Västra Hamnen writes:
”We have valued the company using a DCF model which points to a fair value per share of DKK 16.60 – 26.30, implying a significant upside potential from today’s market valuation.”
The initial research report is available on Västra Hamnen’s website at the following address:
Rolf H. Sprunk-Jansen, CEO
Mobile: +45 2020 3005
LED iBond International A/S
Agern Allé 5A
+45 7070 7855
Certified advisor contact
Telephone: +46 40 200 250
Västra Hamnen Corporate Finance
211 19 Malmö
About LED iBond International A/S
Founded in 2014, LED iBond International offers innovative solutions for integrating light and data, based on the company’s deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED basis available, offering a unique value proposition combining total design flexibility, full IoT integration and low total costs of ownership. LED iBond’s technology has been deployed in many projects, ranging from intelligent shelf lighting to large scale indoor illumination projects such as the installation of 3.2 kilometres of Tracy®, the company’s innovative flagship product, at DTU, the Technical University of Denmark.
Due to the data transfer capabilities, superior form factor and cooling properties of the technology platform, LED iBond is focusing on three key markets: smart housing, UV disinfection and vertical farming, all projected to show significant growth in the years to come.