Board Change • May 20
High number of new directors Independent Director Jørgen Beuchert was the last director to join the board, commencing their role in 2025. Ankündigung • Nov 26
Acroud AB (publ) to Report Q4, 2025 Results on Feb 25, 2026 Acroud AB (publ) announced that they will report Q4, 2025 results on Feb 25, 2026 Ankündigung • Jun 30
Acroud AB (Publ) Appoints Morten Marcussen as Chairman of the Board Acroud AB (publ) at the annual general meeting held on June 30, 2025, announced the appointment of Morten Marcussen as new chairman of the board. Ankündigung • Feb 24
Acroud AB (publ) (OM:ACROUD) acquired remaining 49% stake in Acroud Media Ltd from RAIE Media for €12 million. Acroud AB (publ) (OM:ACROUD) acquired remaining 49% stake in Acroud Media Ltd from RAIE Media for €12 million on February 24, 2025. Total consideration paid through a combination of cash and newly issued shares. Following the restructuring and share issuance, RIAE Media Ltd now owns approx. 39% of Acroud, making it Acroud’s largest single shareholder. This further strengthens Acroud’s ownership structure and aligns interests for long-term success.
Acroud AB (publ) (OM:ACROUD) completed the acquisition of remaining 49% stake in Acroud Media Ltd from RAIE Media on February 24, 2025. Ankündigung • Nov 21
Acroud AB (publ) to Report Second Half, 2024 Results on Feb 25, 2025 Acroud AB (publ) announced that they will report second half, 2024 results on Feb 25, 2025 Ankündigung • Nov 13
Acroud AB (Publ) Announces Resignation of Kim Mikkelsen as the Chairman of the Board of Directors Acroud AB (publ) announced the resignation of Kim Mikkelsen as chairman and member of the board of directors of Acroud, effective as of 12 November 2024. Kim Mikkelsen has held the position of chairman during 2024 and was previously a member of the board of directors between 2020 - 2023. Kim Mikkelsen is stepping down at his own request. Proposal for a new board member will be presented no later than in connection with the notice for the 2025 annual general meeting. Peter Åström assumes, with immediate effect, the role of chairman of the board of directors until the next general meeting. Peter Åström has been a board member of Acroud since 2019 and has vast experience from the gaming industry in various operative roles. Buy Or Sell Opportunity • Nov 07
Now 94% undervalued after recent price drop Over the last 90 days, the stock has fallen 100% to €0.0002. The fair value is estimated to be €0.0033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making. New Risk • Sep 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.74m (US$8.54m) 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 (34% average weekly change). Market cap is less than US$10m (€7.74m market cap, or US$8.54m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: €0.002 loss per share (vs €0.16 loss in 2Q 2023) Second quarter 2024 results: €0.002 loss per share (improved from €0.16 loss in 2Q 2023). Revenue: €9.50m (down 7.6% from 2Q 2023). Net loss: €724.0k (loss narrowed 97% from 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. New Risk • Jul 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.17m (US$9.99m) 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 (25% average weekly change). Market cap is less than US$10m (€9.17m market cap, or US$9.99m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Ankündigung • Jun 28
Acroud AB (Publ) Appoints Kim Mikkelsen as Chair of the Board of Directors Acroud AB (publ) at its annual general meeting held on June 28, 2024, approved the appointment of Kim Mikkelsen was elected as chair of the board of directors. Reported Earnings • May 28
First quarter 2024 earnings released: EPS: €0.016 (vs €0 in 1Q 2023) First quarter 2024 results: EPS: €0.016 (up from €0 in 1Q 2023). Revenue: €9.49m (up 2.0% from 1Q 2023). Net income: €2.50m (up €2.57m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 23
Full year 2023 earnings released: €0.21 loss per share (vs €0.14 loss in FY 2022) Full year 2023 results: €0.21 loss per share (further deteriorated from €0.14 loss in FY 2022). Revenue: €39.4m (up 27% from FY 2022). Net loss: €31.7m (loss widened 72% from FY 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 15
Acroud AB (Publ) Elects Kim Mikkelsen as New Ordinary Member of the Board of Directors Acroud AB (publ) at its extraordinary general meeting held on February 15, 2024, resolved to elect Kim Mikkelsen as new ordinary member of the board of directors. Reported Earnings • Nov 10
Third quarter 2023 earnings released: €0.012 loss per share (vs €0.005 loss in 3Q 2022) Third quarter 2023 results: €0.012 loss per share (further deteriorated from €0.005 loss in 3Q 2022). Revenue: €9.87m (up 48% from 3Q 2022). Net loss: €2.00m (loss widened 240% from 3Q 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 25
Acroud AB (publ) Appoints Andrzej Mieszkowicz as Group CFO, Effective from 1 November 2023 Acroud AB (publ) announced that Andrzej Mieszkowicz has been appointed as Group CFO effective from 1 November 2023, and will form part of Group Management. Andrzej Mieszkowicz has a strong experience in leading finance of technology and high-growth companies. His recent 6 years he spent working for iGaming industry companies such as Cherry AB Group, The Mill Adventure and recently as a CFO of stock-listed Lady Luck Games. Andrzej has a Master's degree in International Business from the University of Economics in Prague, is a qualified ACCA member and warranted CPA. Ankündigung • Sep 29
Acroud Announces Resignation of Tricia Vella as Chief Financial Officer Acroud AB (publ) announces that Tricia Vella has resigned from her position Chief Financial Officer. Ankündigung • Aug 03
Acroud AB Announces Impairment Charge to Goodwill During the Second Quarter of 2023 Acroud AB announced an impairment charge of EUR 20 million related to the old assets stemming from Net Gaming’s (former name of Acroud) acquisition of Highlight Media business back in 2016. Board Change • Jun 01
High number of new directors Director Staffan Dahl was the last director to join the board, commencing their role in 2023. Ankündigung • May 18
Acroud AB (publ) Announces Board Changes Acroud AB (publ) announced that at the annual general meeting held on 17 May 2023 approved new election of Staffan Dahl and Richard Gale as board members. Peter Åström was elected as chair of the board of directors. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: €0 (vs €0.009 in 1Q 2022) First quarter 2023 results: EPS: €0 (down from €0.009 in 1Q 2022). Revenue: €9.30m (up 33% from 1Q 2022). Net loss: €67.0k (down 106% from profit in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2022 earnings released: €0.14 loss per share (vs €0.006 profit in FY 2021) Full year 2022 results: €0.14 loss per share (down from €0.006 profit in FY 2021). Revenue: €30.9m (up 25% from FY 2021). Net loss: €18.4m (down €19.1m from profit in FY 2021). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Full year 2022 earnings released: €0.14 loss per share (vs €0.006 profit in FY 2021) Full year 2022 results: €0.14 loss per share (down from €0.006 profit in FY 2021). Revenue: €30.9m (up 25% from FY 2021). Net loss: €18.4m (down €19.1m from profit in FY 2021). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 09
Acroud AB (Publ) Appoints Tricia Vella as New Interim CFO Acroud announces that Tricia Vella has been appointed new interim CFO for Acroud effective from Feb. 8, 2023, succeeding Roderick Attard who has announced his resignation on 6 December 2022. Tricia joined Acroud in August 2019 as a financial controller and was promoted to Head of Finance in January 2022. She comes from an audit background, having worked at PwC for seven years. Tricia has an Honours degree in Accounting from University of Malta. The recruitment process for a permanent CFO is in progress. Ankündigung • Dec 07
Acroud AB (Publ) Announces Roderick Attard Resigned as Chief Financial Officer Acroud AB (publ) announces that Roderick Attard has resigned from his position as Chief Financial Officer, in order to pursue another career opportunity. Acroud expects to announce the appointment of a new Chief Financial Officer in the near future. Ankündigung • Oct 14
Acroud AB (publ) acquired a 60% stake in Acroud Media Ltd for £5.1 million. Acroud AB (publ) acquired a 60% stake in Acroud Media Ltd for £5.1 million on October 13, 2022. As per the terms of consideration, Acroud AB (publ) investing £1 million in shares and £4.1 million in cash, payable over the course of 18 months. £3.0 million at closing, payable £2.0 million in cash and £1 million in Acroud shares and £2.1 million in cash over a period of 18 months. The cash payment is expected to be financed via Acroud's existing cash and future operational cash inflow. Acroud also has a call option to acquire the remaining 40% of the business in 2028.Acroud AB (publ) completed the acquisition of a 60% stake in Acroud Media Ltd on October 13, 2022. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: €0.01 (vs €0.002 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.01 (up from €0.002 loss in 2Q 2021). Revenue: €7.20m (up 16% from 2Q 2021). Net income: €1.25m (up €1.52m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • May 20
First quarter 2022 earnings released: EPS: €0.009 (vs €0.006 in 1Q 2021) First quarter 2022 results: EPS: €0.009 (up from €0.006 in 1Q 2021). Revenue: €7.00m (up 26% from 1Q 2021). Net income: €1.18m (up 58% from 1Q 2021). Profit margin: 17% (up from 13% in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman of the Board Henrik Kvick is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: €0.006 (vs €0.016 in FY 2020) Full year 2021 results: EPS: €0.006 (down from €0.016 in FY 2020). Revenue: €24.8m (up 113% from FY 2020). Net income: €718.0k (down 43% from FY 2020). Profit margin: 2.9% (down from 11% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 12
Acroud AB (publ) Provides Earnings Guidance for the First Quarter of 2022 Acroud AB (Publ) provided earnings guidance for the first quarter of 2022. For the quarter, revenue is expected to amount to EUR 6.9 million, representing a 6% growth quarter-on-quarter and 24% growth year-on-year. Reported Earnings • Feb 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.006 (down from €0.016 in FY 2020). Revenue: €24.8m (up 113% from FY 2020). Net income: €719.0k (down 43% from FY 2020). Profit margin: 2.9% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Nov 25
Director recently bought €113k worth of stock On the 24th of November, Kim Mikkelsen bought around 450k shares on-market at roughly €0.25 per share. In the last 3 months, they made an even bigger purchase worth €126k. Insiders have collectively bought €867k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS €0.005 (vs €0.004 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €6.45m (up 171% from 3Q 2020). Net income: €593.0k (up 81% from 3Q 2020). Profit margin: 9.2% (down from 14% in 3Q 2020). Recent Insider Transactions • Oct 01
Director recently bought €126k worth of stock On the 29th of September, Kim Mikkelsen bought around 497k shares on-market at roughly €0.25 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €518k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 29
Director recently bought €73k worth of stock On the 26th of August, Kim Mikkelsen bought around 300k shares on-market at roughly €0.24 per share. In the last 3 months, they made an even bigger purchase worth €87k. Insiders have collectively bought €283k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 13
Second quarter 2021 earnings released: €0.002 loss per share (vs €0.015 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €6.20m (up 74% from 2Q 2020). Net loss: €267.0k (loss narrowed 77% from 2Q 2020). Recent Insider Transactions • Jun 18
Director recently bought €87k worth of stock On the 16th of June, Kim Mikkelsen bought around 300k shares on-market at roughly €0.29 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €210k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 13
Director recently bought €16k worth of stock On the 4th of June, Kim Mikkelsen bought around 51k shares on-market at roughly €0.32 per share. In the last 3 months, they made an even bigger purchase worth €33k. Insiders have collectively bought €122k more in shares than they have sold in the last 12 months. Executive Departure • Jun 02
Independent Director has left the company On the 21st of May, Jonas Bertilsson's tenure as Independent Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Jonas' name. A total of 2 executives have left over the last 12 months. Executive Departure • Jun 02
Independent Director has left the company On the 21st of May, Fredrik Rüdén's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Fredrik's name. A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Jun 01
Director recently bought €25k worth of stock On the 26th of May, Kim Mikkelsen bought around 78k shares on-market at roughly €0.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €72k more in shares than they have sold in the last 12 months. Reported Earnings • May 21
First quarter 2021 earnings released: EPS €0.006 (vs €0.036 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €5.58m (up 75% from 1Q 2020). Net income: €748.0k (down 73% from 1Q 2020). Profit margin: 13% (down from 87% in 1Q 2020). Reported Earnings • Apr 20
Full year 2020 earnings released: EPS €0.016 (vs €0.065 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €11.6m (down 19% from FY 2019). Net income: €1.26m (down 75% from FY 2019). Profit margin: 11% (down from 35% in FY 2019). Reported Earnings • Feb 20
Full year 2020 earnings released: EPS €0.016 (vs €0.065 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €11.6m (down 19% from FY 2019). Net income: €1.26m (down 75% from FY 2019). Profit margin: 11% (down from 35% in FY 2019). The decrease in margin was primarily driven by lower revenue. Ankündigung • Feb 05
Acroud AB (publ) to Report Fiscal Year 2020 Results on Feb 18, 2021 Acroud AB (publ) announced that they will report fiscal year 2020 results at 8:00 AM, Central European Standard Time on Feb 18, 2021 Is New 90 Day High Low • Jan 31
New 90-day low: €0.25 The company is down 1.0% from its price of €0.25 on 02 November 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 11% over the same period. Ankündigung • Jan 22
Acroud AB (publ) (OM:ACROUD) completed the acquisition of iGaming Assets of PMG Group. Acroud AB (publ) (OM:ACROUD) has signed a Letter of Intent to acquire Matching Visions, Voonix Aps and Traffic Grid of PMG Group for €20.6 million on November 9, 2020. Acroud AB (publ) entered into an agreement to acquire Matching Visions, Voonix Aps and Traffic Grid from PMG Group on January 20, 2021. Under the terms of transaction, the total consideration includes €5.5 million and an earn-out consideration, which is contingent on the EBITDA achieved in 2022. The acquisition includes Matching Visions, an iGaming affiliate network, as well as the fast growing Voonix. Furthermore the acquisition includes Traffic Grid, which is focused on bringing predominately iGaming affiliate campaigns to mainstream affiliate networks. The acquisition is subject to the parties entering into a definitive purchase agreement. The acquisition is expected to be finalized in the fourth quarter of 2020.
Acroud AB (publ) (OM:ACROUD) completed the acquisition of Matching Visions, Voonix Aps and Traffic Grid from PMG Group on January 20, 2021. The upfront purchase price of €4.8 million is paid with €2.4 million cash and €2.4 million is paid with 8 million newly issued Acroud shares. The Earn-Out Consideration, which is subject to the Target Companies generating a certain financial performance during the fiscal year 2021, will be paid with 50% in newly issued shares and the reminder in cash. The price for the Earn-Out Consideration Shares will correspond to the VWAP on Nasdaq First North Growth Market for the 20 consecutive trading days preceding the date of issuance of the Earn-Out Consideration Shares. The Earn-Out Consideration amounts to a maximum of EUR 16 million. 50% of the Consideration Shares will be subject to a one year lock-up and 50% are subject to a two year lock-up from today's date. The Earn-Out Consideration Shares will be subject to a one year lock-up as of the date of the issuance. Baker & McKenzie LLP acted as legal advisor and Deloitte acted as accountant to Acroud. Ankündigung • Nov 25
Acroud AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 75.157065 million. Acroud AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 75.157065 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 29,473,359
Price\Range: SEK 2.55
Transaction Features: Subsequent Direct Listing Ankündigung • Nov 14
Acroud AB (publ) Launches a New US Focused Casino Brand - CompareCasino Acroud AB (publ) announced the launch of a new Casino Brand, named CompareCasino, which is the latest brand in the established Brand portfolio. The site is especially designed for the US market and is part of its strategic initiatives to grow in the US market both organically and with M&A. The website is created based on extensive player research and incorporates a set of new unique and personalized features. The new approach which CompareCasino is based on offers a highly personalized gambling endeavor that will lead to better player retention for online casinos. In addition the brand offers the user a unique user experience, as more exclusive features have been added. The Jackpot Tracker where users can see the status of jackpot games in real-time and a handy Bonus Calculator are new developed features that are offered. Additionally, CompareCasino have implemented a new set of criteria for reviews. Players can expect a detailed analysis of online casinos and casino games as well as extensive gambling guides and industry news articles. Ankündigung • Nov 10
Acroud AB (publ) (OM:ACROUD) has signed a Letter of Intent to acquire iGaming Assets of PMG Group for €5.5 million Acroud AB (publ) (OM:ACROUD) has signed a Letter of Intent to acquire iGaming Assets of PMG Group for €5.5 million on November 9, 2020. Under the terms of transaction, the total consideration includes €5.5 million and an earn-out consideration, which is contingent on the EBITDA achieved in 2022. The acquisition includes Matching Visions, an iGaming affiliate network, as well as the fast growing Voonix. Furthermore the acquisition includes Traffic Grid, which is focused on bringing predominately iGaming affiliate campaigns to mainstream affiliate networks. The acquisition is subject to the parties entering into a definitive purchase agreement. The acquisition is expected to be finalized in the fourth quarter of 2020. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS €0.004 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €2.38m (down 32% from 3Q 2019). Net income: €327.0k (down 71% from 3Q 2019). Profit margin: 14% (down from 33% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Oct 31
New 90-day low: €0.22 The company is down 27% from its price of €0.30 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period. Ankündigung • Oct 30
Acroud AB (publ) to Report Q3, 2020 Results on Nov 05, 2020 Acroud AB (publ) announced that they will report Q3, 2020 results at 8:00 AM, Central European Standard Time on Nov 05, 2020 Is New 90 Day High Low • Oct 14
New 90-day low: €0.26 The company is down 12% from its price of €0.29 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is down 15% over the same period.