Next Tuesday morning (20th August) Windward Ltd (LON:WNWD), a leading Maritime AI company, will announce its Interim Results for the first six months of the current year.
I would expect it to significantly improve its first-half performance and its prospects, which could be sufficient to boost the current year and future estimates.
The Business
Windward is a leading predictive intelligence company, fusing artificial intelligence and maritime expertise to digitalise the global maritime industry.
The company provides an all-in-one platform to accelerate global trade – a comprehensive tool for risk management and maritime domain awareness.
Its AI-powered decision support and exception management platform offers a 360° view of the maritime ecosystem and enables stakeholders to make real-time, predictive intelligence-driven decisions to achieve business and operational readiness.
The AI-powered software solution provides real-time information and insights on major seafaring vessels at sea.
With advanced technology and extensive industry expertise, it helps organisations to overcome maritime challenges, to predict future events, and to drive success.
Windward AI leverages proprietary algorithms, customer data and systems to ensure secure, smarter, frictionless global trade decision-making in real-time, on every level from sea to port to warehouse.
Its Maritime AI supports companies across a number of industries, with over 200 clients ranging from oil supermajors, freight forwarders, and port authorities, to banks, commodity traders, shippers, insurers, and governmental agencies.
Analyst Views
There are three analysts following the group – all of whom rate its shares as a Buy.
The lowest Price Objective is 137p a share, the highest 172p, while the average is 150.7p.
Analysts at Canaccord Genuity Capital Markets rate the group’s shares as a Buy, with a 137p Price Aim.
On an adjusted EBITDA basis, the brokers go for the current year to end-December to see a substantial reduction in the group loss to $1.8m ($5.0m loss), on the back of $36.2m ($28.3m) of sales.
For the 2025 year, they have estimates of $43.4m sales and a positive EBITDA of $0.4m.
Jumping forward to 2026 they see $52.1m revenue and an adjusted EBITDA of $2.2m.
In My View
With some 90% of international trade being carried by sea, it is easily understood why Windward is aiming at the right market and one with so much growth potential.
It has taken time and money to build up its platforms, but now the group is very close to breaking even, possibly by the end of this year, before starting to ramp up its profitability.
The £88.65m capitalised group’s shares are currently trading at around the 100p price level, having been up to 125p in late February this year – which I believe is an easy direction in which to aim.