3 European Penny Stocks With Market Caps Over €40M

Market Cap: NOK364.51M

Awilco LNG ASA, with a market capitalization of NOK364.51 million, has faced challenges recently, reporting a net loss of US$3.25 million for Q1 2025 despite having no debt and seasoned management. The company’s short-term assets exceed its liabilities, but long-term liabilities remain uncovered. Negative earnings growth and declining profit margins to 12% from last year’s 44.3% highlight operational difficulties amid volatile share prices and high weekly volatility compared to peers. Although trading below estimated fair value by over 80%, earnings are forecasted to decline significantly in the coming years, raising concerns about future profitability prospects.

OB:ALNG Revenue & Expenses Breakdown as at Jun 2025

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Kancera AB (publ) is a Swedish company that develops drugs for inflammatory diseases and cancer, with a market cap of SEK135.73 million.

Operations: Kancera AB (publ) currently does not report any specific revenue segments.

Market Cap: SEK135.73M

Kancera AB, with a market cap of SEK135.73 million, remains pre-revenue and unprofitable, facing a net loss of SEK12.93 million in Q1 2025. The company is debt-free but has less than a year of cash runway and high share price volatility compared to Swedish peers. Recent strategic moves include a letter of intent with Recardio Inc., aiming to create a cardiovascular-focused entity by licensing KAND567 and KAND145, though funding challenges persist amid the macro environment. The completion of the KANDOVA study in ovarian cancer marks progress in its clinical pipeline as it awaits top-line results later this year.

OM:KAN Financial Position Analysis as at Jun 2025

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include BIT:PINF OB:ALNG and OM:KAN.

This article was originally published by Simply Wall St.

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