Announcement • Mar 18
SolTech Energy Sweden AB (publ) Announces Board Changes SolTech Energy Sweden AB (publ) held an extra general meeting on March 17, 2026. The meeting resolved, in accordance with the nomination committee’s proposal, for the period until the end of the next annual general meeting, that the board of directors shall consist of six members. The meeting resolved to elect Petteri Saarinen and Joachim Zetterlund as new board members and that Ivana Stankovic and Bernt Ingman resign from their duties on the board. It was also resolved that Petteri Saarinen be appointed chair of the board. Stefan Ölander, Ove Anebygd, Jacob Langhard-Rosencrantz, and Thomas Mejdell will remain as directors of the board. Announcement • Feb 23
SolTech Energy Sweden AB (publ), Annual General Meeting, May 19, 2026 SolTech Energy Sweden AB (publ), Annual General Meeting, May 19, 2026. Announcement • Feb 20
SolTech Energy Sweden AB (publ) to Report Q3, 2026 Results on Nov 19, 2026 SolTech Energy Sweden AB (publ) announced that they will report Q3, 2026 results on Nov 19, 2026 Announcement • Jan 31
The management of 365 Energie B.V. agreed to acquire the remaining 53.3% stake in 365 Energie B.V. from SolTech Energy Sweden AB (publ) (OM:SOLT) in a management buyout transaction for €1. The management of 365 Energie B.V. agreed to acquire the remaining 53.3% stake in 365 Energie B.V. from SolTech Energy Sweden AB (publ) (OM:SOLT) in a management buyout transaction for €1 on January 23, 2026. A cash consideration of €1 will be paid by the management of 365 Energie B.V. Announcement • Dec 17
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired an additional 34.70% stake in Sud Energies Renovables, S.L. SolTech Energy Sweden AB (publ) (OM:SOLT) signed an agreement to acquire an additional 34.70% stake in Sud Energies Renovables, S.L. on December 11, 2025. The acquisition will be financed from SolTech's own cash. Upon completion, SolTech Energy Sweden AB (publ) will own 99.7% stake in Sud Energies Renovables, S.L. The remaining 0.3% stake will be owned by the founders of Sud Energies Renovables, S.L. SolTech Energy Sweden AB has an option to acquire remaning stake in Sud Energies.
For the period ending December 31, 2024, Sud Energies Renovables, S.L. reported total revenue of SEK 120 million and has 90 employees.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of an additional 34.70% stake in Sud Energies Renovables, S.L. on December 16, 2025. SolTech Energy Sweden AB (publ) now owns 99.7% stake in Sud Energies Renovables, S.L. Reported Earnings • Nov 29
Third quarter 2025 earnings released: kr0.33 loss per share (vs kr0.26 loss in 3Q 2024) Third quarter 2025 results: kr0.33 loss per share (further deteriorated from kr0.26 loss in 3Q 2024). Revenue: kr377.3m (down 38% from 3Q 2024). Net loss: kr53.1m (loss widened 54% from 3Q 2024). New Risk • Oct 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr89.8m (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Market cap is less than US$10m (kr89.8m market cap, or US$9.57m). New Risk • Aug 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr260.4m market cap, or US$27.5m). Announcement • Aug 27
SolTech Energy Sweden AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 335 million. SolTech Energy Sweden AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 335 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr90m free cash flow). Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (kr172.2m market cap, or US$18.0m). New Risk • May 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr90m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr90m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr292.3m market cap, or US$30.5m). Announcement • Apr 22
SolTech Energy Sweden AB (publ), Annual General Meeting, May 22, 2025 SolTech Energy Sweden AB (publ), Annual General Meeting, May 22, 2025, at 17:00 W. Europe Standard Time. Location: at agdas pa hornet, regeringsgatan 107, stockholm Sweden Reported Earnings • Feb 26
Full year 2024 earnings released: kr2.10 loss per share (vs kr1.24 loss in FY 2023) Full year 2024 results: kr2.10 loss per share (further deteriorated from kr1.24 loss in FY 2023). Revenue: kr2.68b (down 7.6% from FY 2023). Net loss: kr277.9m (loss widened 69% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. New Risk • Feb 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr352.9m market cap, or US$33.1m). Announcement • Feb 20
SolTech Energy Sweden AB (publ) to Report Fiscal Year 2024 Final Results on Apr 29, 2025 SolTech Energy Sweden AB (publ) announced that they will report fiscal year 2024 final results on Apr 29, 2025 Reported Earnings • Nov 22
Third quarter 2024 earnings released: kr0.26 loss per share (vs kr0.01 loss in 3Q 2023) Third quarter 2024 results: kr0.26 loss per share (further deteriorated from kr0.01 loss in 3Q 2023). Revenue: kr703.0m (down 5.1% from 3Q 2023). Net loss: kr34.4m (loss widened kr33.0m from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 53% per year. Announcement • Nov 21
SolTech Energy Sweden AB (publ) to Report Q3, 2025 Results on Nov 19, 2025 SolTech Energy Sweden AB (publ) announced that they will report Q3, 2025 results at 1:00 PM, Central European Standard Time on Nov 19, 2025 Announcement • Nov 18
SolTech Energy Sweden AB (publ) to Report Q2, 2025 Results on Aug 27, 2025 SolTech Energy Sweden AB (publ) announced that they will report Q2, 2025 results at 1:00 PM, Central European Standard Time on Aug 27, 2025 Recent Insider Transactions • Oct 15
Chairman recently bought kr538k worth of stock On the 8th of October, Stefan Olander bought around 173k shares on-market at roughly kr3.10 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr2.2m worth in shares. Announcement • Oct 13
Soltech Energy Launches Soltech Home - A Concept for the Consumer Market The Soltech Group now launched an overall solution for the Swedish consumer market. The Soltech Home concept offers solar energy solutions that enable an efficient optimization of energy production, energy use and reduced energy costs for private individuals and farmers. Soltech is conceptualizing its solar energy offer with solar, electric car charging and energy storage to the consumer market by launching the Soltech Home concept. The concept includes a combination of products and services that will help households use their self-produced solar electricity in the best possible way, when it is needed the most and at the lowest possible price. To optimize both energy production and consumption, the concept includes solar panels, electric car charging, battery storage, support services, electricity purchase agreements and a separate control unit connected to the inverter. The customer can then monitor, control and optimize their functions in the Soltech Home app. Soltech Home enables homeowners and farmers to easily monitor, make their investments future-proof and optimize their energy use, and create higher predictability and at the same time get an improved energy economy. Something that is becoming increasingly important in today's fast-moving, volatile and more unpredictable energy market. Soldags is a concept developer and has developed the Soltech Home concept together with Soltech. The ambition is that the concept will be offered in the future by the Soltech Group's companies that offer solar energy solutions to the private market. How Soltech Home works: Experienced solar and battery advisors guide the customer to a safe investment. The energy flows in the building are analyzed and optimized through a smart algorithm that adapts the system to the property's behavior patterns and takes into account things such as weather and the customer's electricity trading and electricity network agreements. All units are integrated and optimized for maximum profitability and efficiency. All services are integrated and enable a profitable solar energy investment. Phase optimization automatically ensures that the electricity the customer produce is used more efficiently. The battery stores excess electricity and enables lower grid charges through peak power creation. Batteries also enable revenue by supporting the electricity grid with balancing services. In the service subscription, it is possible to choose an integrated electricity purchase agreement for maximum return. After the installation, Soltech offers support and service that optimizes the production and lifespan of the solar panels. New Risk • Oct 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (kr407.4m market cap, or US$39.7m). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: kr0.05 (vs kr0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.05 (up from kr0.031 loss in 2Q 2023). Revenue: kr678.8m (down 8.6% from 2Q 2023). Net income: kr6.00m (up kr10.2m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jul 15
Chairman recently bought kr1.3m worth of stock On the 12th of July, Stefan Olander bought around 289k shares on-market at roughly kr4.64 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr1.6m worth in shares. Reported Earnings • May 19
First quarter 2024 earnings released: kr0.24 loss per share (vs kr0.30 loss in 1Q 2023) First quarter 2024 results: kr0.24 loss per share (improved from kr0.30 loss in 1Q 2023). Revenue: kr552.8m (down 19% from 1Q 2023). Net loss: kr32.0m (loss narrowed 18% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • May 17
Director recently bought kr301k worth of stock On the 15th of May, Stefan Olander bought around 61k shares on-market at roughly kr4.93 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (kr620.4m market cap, or US$57.0m). Announcement • Mar 21
SolTech Energy Sweden AB (publ) Announces CEO Changes SolTech Energy Sweden AB (publ) has decided to appoint Soltech's COO Patrik Hahne as the new CEO of Soltech Energy with start April 2, 2024. Patrik has extensive experience in business management from a number of different CEO and board positions in Sweden, the Nordic region and Asia. Patrik is an engineer with extensive experience of business development in companies bordering green technology and entrepreneurship and has worked for almost twenty years in the Addtech Group, among others as CEO of several of the company’s subsidiaries. Patrik also has extensive experience of both acquisitions and onboarding, as well as of working to extract synergies between subsidiaries. Patrik Hahne succeeds Soltech's current CEO Stefan Ölander, who will remain as a board member of Soltech. Stefan has been the CEO of Soltech since 2018. Five years ago, a new strategy was set with the goal of becoming a leading company in the solar energy industry. Under Stefan's leadership, the business has focused on becoming a full-service supplier of solar energy and related businesses. This has been achieved through the acquisition of some thirty companies in the solar energy, roofing, electrical engineering, and facade industries. With Soltech's support, the traditional companies have been transformed into sustainable companies of the future by adding solar energy solutions to their offer. With this strategy, Soltech has grown both organically and through acquisitions to 2023 being a Group with approximately SEK 3 billion in revenue, a positive EBITA and with close to 1,000 employees in three markets. Reported Earnings • Feb 26
Full year 2023 earnings released: kr1.25 loss per share (vs kr2.50 loss in FY 2022) Full year 2023 results: kr1.25 loss per share (improved from kr2.50 loss in FY 2022). Revenue: kr2.96b (up 53% from FY 2022). Net loss: kr164.6m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 19
Third quarter 2023 earnings released: kr0.01 loss per share (vs kr0.74 loss in 3Q 2022) Third quarter 2023 results: kr0.01 loss per share (improved from kr0.74 loss in 3Q 2022). Revenue: kr741.0m (up 54% from 3Q 2022). Net loss: kr1.38m (loss narrowed 98% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr134m free cash flow). Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Recent Insider Transactions • Oct 12
Non Executive Director recently bought kr1.1m worth of stock On the 6th of October, Goran Starkebo bought around 124k shares on-market at roughly kr8.81 per share. This transaction increased Goran's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 16
CEO & Director recently bought kr297k worth of stock On the 11th of July, Stefan Olander bought around 28k shares on-market at roughly kr10.47 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr396k worth in shares. Announcement • Jul 12
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired the remaining 30% stake in Takorama AB. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired the remaining 30% stake in Takorama AB on July 11, 2023. The acquisition is financed entirely from own cash. For FY 2022, Takorama had more than 30 employees and had a turnover of approximately SEK 50 million with a good profit margin. SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of the remaining 30% stake in Takorama AB on July 11, 2023. Recent Insider Transactions • Jul 12
Non Executive Director recently bought kr214k worth of stock On the 3rd of July, Goran Starkebo bought around 21k shares on-market at roughly kr10.35 per share. This transaction increased Goran's direct individual holding by 7x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr850k more in shares than they have sold in the last 12 months. Announcement • Jul 06
SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Tekniska Lösningar I Täby Ab. SolTech Energy Sweden AB (publ) (OM:SOLT) acquired Tekniska Lösningar I Täby Ab on July 5, 2023. The acquisition is financed entirely from own cash and with newly issued Soltech shares. For FY 2022, the company had a turnover of approximately SEK 40 million with good profitability and has 15 employees.
SolTech Energy Sweden AB (publ) (OM:SOLT) completed the acquisition of Tekniska Lösningar I Täby Ab on July 5, 2023. New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr209m free cash flow). Earnings have declined by 36% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). Reported Earnings • Apr 25
Full year 2022 earnings released Full year 2022 results: Net loss: kr263.0m (down 422% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 24
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr482.5m (up 90% from 3Q 2021). Net loss: kr93.6m (loss widened 419% from 3Q 2021). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 21% share price decline to kr9.19, the stock trades at a trailing P/E ratio of 43.2x. Average trailing P/E is 35x in the Electrical industry in Sweden. Total loss to shareholders of 46% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Johan Thiel was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr13.42, the stock trades at a trailing P/E ratio of 63.1x. Average trailing P/E is 35x in the Electrical industry in Sweden. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr15.38, the stock trades at a trailing P/E ratio of 72.3x. Average trailing P/E is 36x in the Electrical industry in Sweden. Total returns to shareholders of 8.4% over the past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr437.0m (up 65% from 2Q 2021). Net loss: kr56.4m (loss widened 139% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Aug 17
SolTech Energy Sweden AB (publ) to Report Fiscal Year 2022 Results on Feb 22, 2023 SolTech Energy Sweden AB (publ) announced that they will report fiscal year 2022 results on Feb 22, 2023 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 20% share price gain to kr23.28, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 45x in the Electrical industry in Sweden. Total returns to shareholders of 51% over the past three years. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Mats Holmfeldt was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 19% share price gain to kr25.10, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 58x in the Electrical industry in Sweden. Total returns to shareholders of 123% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 18% share price gain to kr20.58, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 46x in the Electrical industry in Sweden. Total returns to shareholders of 114% over the past three years. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.86 (up from kr2.03 loss in FY 2020). Revenue: kr1.24b (up 186% from FY 2020). Net income: kr81.7m (up kr172.2m from FY 2020). Profit margin: 6.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 17
CEO & Director recently bought kr203k worth of stock On the 15th of December, Stefan Olander bought around 10k shares on-market at roughly kr20.34 per share. In the last 3 months, they made an even bigger purchase worth kr323k. Stefan has been a buyer over the last 12 months, purchasing a net total of kr723k worth in shares. Recent Insider Transactions • Dec 05
CEO & Director recently bought kr323k worth of stock On the 3rd of December, Stefan Olander bought around 15k shares on-market at roughly kr21.50 per share. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr520k worth in shares. Reported Earnings • Dec 03
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: kr267.2m (up 146% from 3Q 2020). Net loss: kr18.0m (loss widened 23% from 3Q 2020). Revenue was in line with analyst estimates. Recent Insider Transactions • Oct 08
CEO & Director recently bought kr97k worth of stock On the 6th of October, Stefan Olander bought around 5k shares on-market at roughly kr19.47 per share. In the last 3 months, they made an even bigger purchase worth kr100k. Stefan has been a buyer over the last 12 months, purchasing a net total of kr197k worth in shares. Recent Insider Transactions • Sep 22
CEO & Director recently bought kr100k worth of stock On the 13th of September, Stefan Olander bought around 4k shares on-market at roughly kr22.24 per share. This was the largest purchase by an insider in the last 3 months. This was Stefan's only on-market trade for the last 12 months. Executive Departure • Jun 05
Director Ninna Engberg has left the company On the 27th of May, Ninna Engberg's tenure as Director ended. As of March 2021, Ninna still personally held only 13.09k shares (kr388k worth at the time). Ninna is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 14
First quarter 2021 earnings released: kr0.33 loss per share (vs kr0.024 profit in 1Q 2020) The company reported a decent first quarter result with improved revenues, although earnings and control over costs were weaker. First quarter 2021 results: Revenue: kr141.8m (up 194% from 1Q 2020). Net loss: kr23.5m (down kr24.8m from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 18
Non Executive Director recently sold kr217k worth of stock On the 10th of March, Göran Starkebo sold around 6k shares on-market at roughly kr35.40 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions • Mar 11
Non Executive Director recently sold kr217k worth of stock On the 10th of March, Göran Starkebo sold around 6k shares on-market at roughly kr35.40 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 
