Recent Insider Transactions • Jun 07
Chief Executive Officer recently bought kr251k worth of stock On the 29th of May, Jonas Gustafsson bought around 3k shares on-market at roughly kr93.09 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jonas' only on-market trade for the last 12 months. Recent Insider Transactions • May 31
Chief Executive Officer recently bought kr251k worth of stock On the 29th of May, Jonas Gustafsson bought around 3k shares on-market at roughly kr93.09 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jonas' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to kr90.23, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr165 per share. Ankündigung • Jan 30
Hemnet Group AB (publ), Annual General Meeting, May 08, 2026 Hemnet Group AB (publ), Annual General Meeting, May 08, 2026. Ankündigung • Jan 29
Hemnet Group AB (Publ) Proposes Dividend for the Fiscal Year 2025, Payable on 18 May, 2026 Hemnet Group AB (publ) Board of Directors' proposal to the Annual General Meeting is a dividend of SEK 1.90 per share (1.70) for the fiscal year 2025. The dividend is proposed to be paid out with proposed record date 12 May, 2026, and proposed payment date 18 May, 2026. Ankündigung • Nov 20
Hemnet Group AB (publ) to Report Q1, 2026 Results on Apr 28, 2026 Hemnet Group AB (publ) announced that they will report Q1, 2026 results on Apr 28, 2026 Ankündigung • Jul 18
Hemnet Group AB (publ) to Report Fiscal Year 2025 Results on Jan 29, 2026 Hemnet Group AB (publ) announced that they will report fiscal year 2025 results on Jan 29, 2026 Ankündigung • Jan 31
Hemnet Group AB (publ), Annual General Meeting, May 06, 2025 Hemnet Group AB (publ), Annual General Meeting, May 06, 2025. Ankündigung • Dec 11
Hemnet Group AB (publ) to Report Q1, 2025 Results on Apr 25, 2025 Hemnet Group AB (publ) announced that they will report Q1, 2025 results on Apr 25, 2025 Ankündigung • Nov 08
Hemnet Group AB (Publ) Appoints Jonas Gustafsson as Ceo, Effective February 10, 2025 Hemnet Group AB announced the appointment of Jonas Gustafsson as its new CEO, effective February 10, 2025. Jonas will succeed Cecilia Beck-Friis, who in August announced her intention to leave the company. Jonas Gustafsson was most recently CEO of Allente Group, where he led the merger of Canal Digital and Viasat Consumer, creating the largest pan-Nordic pay-TV platform, while driving digital transformation and company growth. Previously, Jonas held senior roles at MTG (later Nordic Entertainment Group and Viaplay Group), including CEO of Nordic Entertainment Group Sweden, CEO of Viasat Consumer Nordics, and Head of Strategy and M&A. Prior to that he worked at global management consulting firm Bain & Company. Ankündigung • Aug 28
Hemnet Group AB (Publ) Announces Resignation of Cecilia Beck-Friis as CEO Hemnet Group AB (publ) announced that Cecilia Beck-Friis has informed company's Board of Directors that she intends to leave her position as CEO. She will remain in her current role until a successor has been appointed. The process of finding a new CEO will be led by Hemnet's Chair Anders Nilsson and will begin immediately. Cecilia assumed the position of CEO in 2017. Since then she has played an important role in continuing to develop and grow Sweden's largest property platform. Cecilia will remain as CEO for Hemnet until a successor has been appointed, however no later than July 2025. Ankündigung • Jul 04
Hemnet Group AB (publ) to Report Q4, 2024 Results on Jan 31, 2025 Hemnet Group AB (publ) announced that they will report Q4, 2024 results on Jan 31, 2025 Ankündigung • Mar 28
Hemnet Group AB (publ) to Report Fiscal Year 2023 Results on Apr 03, 2024 Hemnet Group AB (publ) announced that they will report fiscal year 2023 results on Apr 03, 2024 Ankündigung • Mar 21
Hemnet Group AB (Publ) Announces Decline Re-Election of Pierre Siri as Board Member Hemnet Group AB (publ) announced the board member Pierre Siri has declined re-election. Ankündigung • Jan 31
Hemnet Group AB (Publ) Proposes Dividend The board of directors of Hemnet Group AB (publ) proposed a dividend of SEK 1.20 (1.00) per share, in line with the company's dividend policy and corresponding to approximately one third of earnings per share and an increase of +20.0%. Recent Insider Transactions • Oct 29
Independent Director recently sold kr9.7m worth of stock On the 26th of October, Nicholas McKittrick sold around 50k shares on-market at roughly kr195 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr177m more than they bought in the last 12 months. Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr272.7m (up 14% from 3Q 2022). Net income: kr102.8m (up 18% from 3Q 2022). Profit margin: 38% (up from 36% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. New Risk • Oct 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 Risk Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr0.94 (vs kr0.99 in 2Q 2022) Second quarter 2023 results: EPS: kr0.94 (down from kr0.99 in 2Q 2022). Revenue: kr267.6m (flat on 2Q 2022). Net income: kr91.9m (down 8.1% from 2Q 2022). Profit margin: 34% (down from 37% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in the United Kingdom. Ankündigung • Jul 13
Hemnet Group AB (publ) to Report Q2, 2023 Results on Jul 19, 2023 Hemnet Group AB (publ) announced that they will report Q2, 2023 results at 8:00 AM, Central European Standard Time on Jul 19, 2023 Recent Insider Transactions • May 28
Director recently sold kr10m worth of stock On the 23rd of May, Hakan Hellstrom sold around 60k shares on-market at roughly kr169 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr183m more than they bought in the last 12 months. Board Change • May 19
High number of new directors Independent Chairman Anders Nilsson was the last director to join the board, commencing their role in 2023. Ankündigung • May 09
Hemnet Group AB (publ) (OM:HEM) commences an Equity Buyback Plan, under the authorization approved on April 27, 2023. Hemnet Group AB (publ) (OM:HEM) commences share repurchases on May 3, 2023, under the program mandated by the Annual General Meeting held on April 27, 2023. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding at no time exceeds 10% of the total amount of company's shares. The purpose of the program is to give the board the possibility to adjust the capital structure of the company. The program will be valid until the annual general meeting 2024.
On April 27, 2023, the company announced a share repurchase program. Under the program, the company will repurchase its own shares for worth SEK 450 million, such that the company's holding at no time exceeds 10% of the total amount of company's shares. The program will be valid till date of the annual general meeting 2024. As of April 27, 2023, the company had 101,131,478 shares outstanding and no shares in treasury. Reported Earnings • Apr 28
First quarter 2023 earnings released First quarter 2023 results: Net income: kr50.7m (down 3.4% from 1Q 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Interactive Media and Services industry in the United Kingdom. Upcoming Dividend • Apr 21
Upcoming dividend of kr1.00 per share at 0.6% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.7%). Recent Insider Transactions • Feb 17
Chief Sales Officer recently sold kr1.3m worth of stock On the 13th of February, Pierre Bergstrom sold around 8k shares on-market at roughly kr162 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr3.8m. Insiders have been net sellers, collectively disposing of kr121m more than they bought in the last 12 months. Ankündigung • Feb 02
An unknown buyer acquired a 17.004049% stake in Hemnet Group AB (publ) from General Atlantic Rr B.V. for SEK 2.3 billion. An unknown buyer acquired a 17.004049% stake in Hemnet Group AB (publ) from General Atlantic Rr B.V. for SEK 2.3 billion on January 31, 2023. Shares has been sold at SEK 137 per share.
An unknown buyer completed the acquisition of a 17.004049% stake in Hemnet Group AB (publ) from General Atlantic Rr B.V. on January 31, 2023. Ankündigung • Jan 28
Hemnet Group AB (publ) Proposes Dividend for the Year Ended December 2022 Hemnet Group AB (publ) announced that in line with the company's dividend policy, the board of directors proposed a dividend of SEK 1.00 (0.55) per share for the year ended December 2022. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: kr2.96 (vs kr1.55 in FY 2021) Full year 2022 results: EPS: kr2.96 (up from kr1.55 in FY 2021). Revenue: kr891.8m (up 23% from FY 2021). Net income: kr293.8m (up 88% from FY 2021). Profit margin: 33% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Ankündigung • Jan 27
Hemnet Group AB (publ) Reiterates Sales Guidance for 2023 Hemnet Group AB (publ) reiterated sales guidance for 2023. For the period, the Company's financial targets for net sales growth (15% to 20%) is reiterated. Recent Insider Transactions • Dec 27
Independent Director recently sold kr3.8m worth of stock On the 23rd of December, Nicholas McKittrick sold around 30k shares on-market at roughly kr128 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr101m. Insiders have been net sellers, collectively disposing of kr120m more than they bought in the last 12 months. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Maria Redin was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: kr0.87 (vs kr0.63 in 3Q 2021) Third quarter 2022 results: EPS: kr0.87 (up from kr0.63 in 3Q 2021). Revenue: kr238.9m (up 22% from 3Q 2021). Net income: kr86.8m (up 36% from 3Q 2021). Profit margin: 36% (up from 33% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in the United Kingdom. Ankündigung • Oct 20
Hemnet Group AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023 Hemnet Group AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023 Board Change • Sep 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Maria Redin was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 31
High number of new directors Independent Director Maria Redin was the last director to join the board, commencing their role in 2022. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: kr0.99 (vs kr0.36 in 2Q 2021) Second quarter 2022 results: EPS: kr0.99 (up from kr0.36 in 2Q 2021). Revenue: kr269.7m (up 27% from 2Q 2021). Net income: kr100.0m (up 177% from 2Q 2021). Profit margin: 37% (up from 17% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 17%, compared to a 12% growth forecast for the industry in the United Kingdom. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 22% share price decline to kr110, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr115 per share. Recent Insider Transactions • Jun 15
Director recently sold kr5.0m worth of stock On the 8th of June, Hakan Hellstrom sold around 35k shares on-market at roughly kr144 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. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Redin was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tracey Fellows was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 29
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr180.1m (up 26% from 1Q 2021). Net income: kr52.5m (up kr45.8m from 1Q 2021). Profit margin: 29% (up from 4.7% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 16% growth forecast for the industry in the United Kingdom. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: kr1.55 (vs kr0.67 in FY 2020) Full year 2021 results: EPS: kr1.55 (up from kr0.67 in FY 2020). Revenue: kr728.1m (up 34% from FY 2020). Net income: kr156.5m (up 131% from FY 2020). Profit margin: 22% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17%, compared to a 18% growth forecast for the industry in the United Kingdom. Reported Earnings • Feb 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr1.55 (up from kr0.46 in FY 2020). Revenue: kr728.1m (up 34% from FY 2020). Net income: kr156.5m (up kr134.8m from FY 2020). Profit margin: 22% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 23% growth forecast for the industry in the United Kingdom.