New Risk • Jul 20
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 British stocks, typically moving 7.3% 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: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Jul 19
Second quarter 2026 earnings released: EPS: kr0.12 (vs kr0.018 in 2Q 2025) Second quarter 2026 results: EPS: kr0.12 (up from kr0.018 in 2Q 2025). Revenue: kr1.43b (down 3.8% from 2Q 2025). Net income: kr3.40m (up kr2.90m from 2Q 2025). Profit margin: 0.2% (up from 0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 19
Head of People & Culture recently bought kr244k worth of stock On the 17th of July, Linda Westlund bought around 3k shares on-market at roughly kr88.79 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr317k. Insiders have collectively bought kr2.2m more in shares than they have sold in the last 12 months. Ankündigung • Jul 07
Marie Björklund Decides to Leave Knowit AB as Chief Financial Officer Knowit AB announced that Chief Financial Officer Marie Björklund decided to leave Knowit to take on the corresponding position at Mips AB. Marie will remain in her role during her notice period until January 2027 to ensure an orderly handover. Marie Björklund has served as CFO and a member of Knowit's Executive Management Team since 2019. The recruitment process for her successor will begin immediately. Recent Insider Transactions • Jun 12
Executive VP of Knowit Connectivity recently bought kr317k worth of stock On the 11th of June, Lennart Waldenstrom bought around 4k shares on-market at roughly kr85.61 per share. This transaction amounted to 47% 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 kr3.8m more in shares than they have sold in the last 12 months. Board Change • May 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sofia Sahlberg was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 11
Dividend of kr1.25 announced Shareholders will receive a dividend of kr1.25. Ex-date: 17th November 2026 Payment date: 23rd November 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: kr1.10 (vs kr1.40 in 1Q 2025) First quarter 2026 results: EPS: kr1.10 (down from kr1.40 in 1Q 2025). Revenue: kr1.45b (down 9.0% from 1Q 2025). Net income: kr30.1m (down 21% from 1Q 2025). Profit margin: 2.1% (down from 2.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • May 03
Independent Director recently bought kr87k worth of stock On the 29th of April, Stefan Gardefjord bought around 1k shares on-market at roughly kr87.46 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr111k. Insiders have collectively bought kr3.3m more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 23
Upcoming dividend of kr1.25 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 07 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Feb 27
Director recently bought kr111k worth of stock On the 25th of February, Olof Cato bought around 1k shares on-market at roughly kr111 per share. This transaction amounted to 13% 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 kr3.2m more in shares than they have sold in the last 12 months. Declared Dividend • Feb 09
Final dividend of kr1.25 announced Shareholders will receive a dividend of kr1.25. Ex-date: 30th April 2026 Payment date: 7th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Feb 08
Full year 2025 earnings released: kr10.43 loss per share (vs kr3.88 profit in FY 2024) Full year 2025 results: kr10.43 loss per share (down from kr3.88 profit in FY 2024). Revenue: kr5.80b (down 9.6% from FY 2024). Net loss: kr284.8m (down 369% from profit in FY 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 07
Knowit AB (publ), Annual General Meeting, Apr 29, 2026 Knowit AB (publ), Annual General Meeting, Apr 29, 2026, at 13:00 W. Europe Standard Time. Upcoming Dividend • Nov 10
Upcoming dividend of kr1.15 per share Eligible shareholders must have bought the stock before 17 November 2025. Payment date: 21 November 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.1%). Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: kr0.72 (vs kr0.12 in 3Q 2024) Third quarter 2025 results: EPS: kr0.72 (up from kr0.12 in 3Q 2024). Revenue: kr1.24b (down 6.6% from 3Q 2024). Net income: kr19.6m (up kr16.4m from 3Q 2024). Profit margin: 1.6% (up from 0.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Sep 16
Director recently bought kr321k worth of stock On the 12th of September, Olof Cato bought around 3k shares on-market at roughly kr107 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr610k. Insiders have collectively bought kr3.6m more in shares than they have sold in the last 12 months. New Risk • Aug 26
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin). Reported Earnings • Jul 20
Second quarter 2025 earnings released: EPS: kr0.02 (vs kr0.11 in 2Q 2024) Second quarter 2025 results: EPS: kr0.02 (down from kr0.11 in 2Q 2024). Revenue: kr1.49b (down 11% from 2Q 2024). Net income: kr500.0k (down 83% from 2Q 2024). Profit margin: 0% (down from 0.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jul 20
Head of Exeperience recently bought kr610k worth of stock On the 18th of July, Kenneth Gvein bought around 5k shares on-market at roughly kr122 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr963k. Insiders have collectively bought kr3.5m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 22
President & CEO recently bought kr963k worth of stock On the 13th of June, Per Wallentin bought around 8k shares on-market at roughly kr128 per share. This transaction amounted to 13% 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 Per's only on-market trade for the last 12 months. Ankündigung • Jun 19
Knowit AB (publ) (OM:KNOW) agreed to acquire Insicon Ab with an enterprise value of SEK 35 million. Knowit AB (publ) (OM:KNOW) agreed to acquire Insicon Ab with an enterprise value of SEK 35 million on June 19, 2025. A potential earn-out may be payable, depending on specific commercial conditions. Knowit estimates that the earn-out will be recognized at approximately SEK 50 million in the acquisition balance sheet on the closing date. The business will be integrated under the Knowit brand during the fall. The acquisition strengthens Knowit's position within fintech through a platform-based consulting offering tailored for clients in the banking, finance, and insurance sectors.
The acquisition of Insicon is expected to be completed in early July, 2025. Ankündigung • Jun 18
Knowit AB (publ) (OM:KNOW) agreed to acquire Milso Ab for SEK 51 million. Knowit AB (publ) (OM:KNOW) agreed to acquire Milso Ab for SEK 51 million on June 18, 2025. Knowit AB will pay an enterprise value amounts to SEK 47 million, covering 100% of the company’s shares. A potential additional consideration may amount to a maximum of SEK 4 million, depending on specific commercial conditions. The acquisition of Milso AB is expected to be completed during the third quarter, and the business will be integrated during the autumn into Knowit’s existing operations serving the defense industry. Recent Insider Transactions • May 18
Head of Communications recently bought kr195k worth of stock On the 15th of May, Christina Johansson bought around 1k shares on-market at roughly kr138 per share. This transaction amounted to 29% 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 kr3.8m more in shares than they have sold in the last 12 months. Declared Dividend • May 08
Dividend of kr1.15 announced Shareholders will receive a dividend of kr1.15. Ex-date: 17th November 2025 Payment date: 21st November 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 195% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • May 06
Right People Group ApS agreed to acquire Knowit Consulting Services A/S from Knowit AB (publ) (OM:KNOW) in a transaction valued at DKK 96 million. Right People Group ApS agreed to acquire Knowit Consulting Services A/S from Knowit AB (publ) (OM:KNOW) in a transaction valued at DKK 96 million on May 5, 2025. The sale to Right People Group A/S will be performed at a valuation of DKK 96 million on a cash and debt-free basis. The deal is expected to be completed in the third quarter of 2025. The acquisition is subject to approval from the Danish competition authorities and decision is expected during the second quarter of 2025. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: kr1.40 (vs kr2.23 in 1Q 2024) First quarter 2025 results: EPS: kr1.40 (down from kr2.23 in 1Q 2024). Revenue: kr1.59b (down 9.8% from 1Q 2024). Net income: kr38.3m (down 37% from 1Q 2024). Profit margin: 2.4% (down from 3.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 23
Upcoming dividend of kr1.15 per share Eligible shareholders must have bought the stock before 30 April 2025. Payment date: 07 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (3.4%). Ankündigung • Mar 26
Knowit AB (publ) Proposes Dividend for the Financial Year of 2024, Payable on May 7, 2025, and November 21, 2025 The Board of Directors of Knowit AB (publ) proposes that the dividend for the financial year of 2024 shall be SEK 2.30 per share, in total SEK 62,805,180 to be paid on two occasions, as in the previous year. The Board of Directors proposes a dividend of SEK 1.15 with a planned record date on May 2, 2025, and SEK 1.15 with a planned record date on November 18, 2025. The dividends are expected to be distributed through Euroclear Sweden AB on May 7, 2025, and November 21, 2025, respectively. Declared Dividend • Feb 21
Final dividend of kr1.15 announced Shareholders will receive a dividend of kr1.15. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 132% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 08
Knowit AB (publ), Annual General Meeting, Apr 29, 2025 Knowit AB (publ), Annual General Meeting, Apr 29, 2025, at 13:00 W. Europe Standard Time. Location: sveavagen 20, stockholm Sweden Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: kr3.88 (vs kr8.75 in FY 2023) Full year 2024 results: EPS: kr3.88 (down from kr8.75 in FY 2023). Revenue: kr6.42b (down 9.6% from FY 2023). Net income: kr106.1m (down 56% from FY 2023). Profit margin: 1.7% (down from 3.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Ankündigung • Nov 08
Knowit's Chairman of the Board, Jon Risfelt Declines Re-Election Knowit's Chairman of the Board, Jon Risfelt, has announced that he will not stand for re-election as Chairman of Knowit's Board of Directors. Jon Risfelt has been a member of Knowit's Board since 2013 and Chairman since 2020. Jon will remain as Chairman until the Annual General Meeting on April 29, 2025. The Nomination Committee's complete proposal will be published no later than in conjunction with the notice of the Annual General Meeting. Upcoming Dividend • Nov 08
Upcoming dividend of kr2.60 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 21 November 2024. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Oct 28
Director recently bought kr137k worth of stock On the 25th of October, Olof Cato bought around 1k shares on-market at roughly kr137 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr263k. Insiders have collectively bought kr3.3m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr0.12 (vs kr1.08 in 3Q 2023) Third quarter 2024 results: EPS: kr0.12 (down from kr1.08 in 3Q 2023). Revenue: kr1.33b (down 14% from 3Q 2023). Net income: kr3.20m (down 89% from 3Q 2023). Profit margin: 0.2% (down from 1.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 27% per year. Ankündigung • Oct 11
Knowit AB (publ) Announces Appointments to Nomination Committee Knowit AB (publ)'s Nomination Committee ahead of the AGM 2025 has been appointed. Pursuant to the instruction to the Nomination Committee of Knowit AB, the Nomination Committee shall consist of one representative for each of the three largest registered shareholders that wish to participate in the work, along with the Chairman of the Board. The new Nomination Committee consists of: Jonas Backman, appointed by Protector Forsikring ASA Niklas Flyborg, appointed by JCE Group AB Teresa Enander, appointed by Formica Capital AB Jon Risfelt, Chairman of the Board. Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Director Olof Cato was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jul 22
Insider recently bought kr262k worth of stock On the 19th of July, Lennart Waldenström bought around 2k shares on-market at roughly kr175 per share. This transaction increased Lennart Waldenström's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.0m. Insiders have collectively bought kr2.5m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 26
President & CEO recently bought kr1.0m worth of stock On the 21st of May, Per Wallentin bought around 6k shares on-market at roughly kr183 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of kr2.1m worth in shares. Declared Dividend • May 07
Dividend of kr2.60 announced Shareholders will receive a dividend of kr2.60. Ex-date: 15th November 2024 Payment date: 21st November 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: kr2.23 (vs kr3.64 in 1Q 2023) First quarter 2024 results: EPS: kr2.23 (down from kr3.64 in 1Q 2023). Revenue: kr1.77b (down 10% from 1Q 2023). Net income: kr61.0m (down 39% from 1Q 2023). Profit margin: 3.5% (down from 5.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Apr 29
Upcoming dividend of kr2.60 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.7%). Declared Dividend • Apr 06
Final dividend of kr2.60 announced Shareholders will receive a dividend of kr2.60. Ex-date: 6th May 2024 Payment date: 10th May 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Mar 28
Knowit AB (Publ) Proposes Dividend for the Financial Year of 2023, Payable on May 10, 2024, and November 21, 2024, Respectively Knowit AB (publ) announced that at its Annual General Meeting to be held on May 3, 2024, The Board of Directors proposes that the dividend for the financial year of 2023 shall be SEK 5.20 per share, in total SEK 142,212,720 to be paid on two occasions, as in the previous year. Board of Director proposes a dividend of SEK 2.60 with a planned record date on May 7, 2024, and SEK 2.60 with a planned record date on November 18, 2024. The dividends are expected to be distributed through Euroclear Sweden AB on May 10, 2024, and November 21, 2024, respectively. Ankündigung • Mar 21
Knowit AB (publ), Annual General Meeting, May 03, 2024 Knowit AB (publ), Annual General Meeting, May 03, 2024. Ankündigung • Feb 21
Knowit Announces Executive Changes Fredrik Ekerhovd, currently Head of Knowit Experience, will take over responsibility for the business area Solutions. At the same time, Kenneth Gvein is appointed as new Head of Knowit Experience. Fredrik Ekerhovd has been part of Knowit's corporate management team since 2016 in the role as Head of Experience. Fredrik will take over after Åsa Holmberg who, after more than ten years at Knowit, of which the last six years have been as Head of Knowit Solutions, will step down from her position to become CEO of Tyréns Group. Solutions is Knowit's business area, with around 1,900 consultants and operations on all Knowit's markets in the Nordic region. In connection with Fredrik Ekerhovd shouldering the role as Head of Knowit Solutions, Kenneth Gvein has been appointed as the new Head of Knowit Experience. Kenneth Gvein has had multiple roles within Knowit since 2014 and is already part of the business area's management team. The changes in the corporate management team will take place during the second quarter, after finalizing discussions with all the involved parties. Knowit Solutions offers tailormade systems and digital solutions at the cutting edge of technology to companies and organizations, primarily in the Nordic region. Solutions has several larger collaborations in the public sector, contributing to developing important societal functions, for instance on the Norwegian Police's digital platforms and in a new, modern visa system for the Finnish Foreign Ministry. Knowit Experience currently has over 900 employees and has a client offer taking responsibility for the entire digital customer experience. With competence in web, e-commerce, analytics, marketing, and design, it helps companies and organizations with their digital transformations. At the start of the year, Knowit Experience was appointed a global partner working with Telenor Group's brand strategy and identity. Recent Insider Transactions • Feb 15
Director recently bought kr147k worth of stock On the 13th of February, Olof Cato bought around 1k shares on-market at roughly kr147 per share. This transaction amounted to 33% 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 kr4.1m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr8.74 (vs kr14.05 in FY 2022) Full year 2023 results: EPS: kr8.74 (down from kr14.05 in FY 2022). Revenue: kr7.11b (up 4.1% from FY 2022). Net income: kr239.6m (down 38% from FY 2022). Profit margin: 3.4% (down from 5.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Nov 08
Upcoming dividend of kr3.75 per share at 4.9% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 21 November 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (6.5%). Higher than average of industry peers (2.6%). Recent Insider Transactions • Oct 29
Independent Director recently bought kr124k worth of stock On the 25th of October, Stefan Gardefjord bought around 1k shares on-market at roughly kr124 per share. This transaction increased Stefan's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr4.0m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: kr1.08 (vs kr0.69 in 3Q 2022) Third quarter 2023 results: EPS: kr1.08 (up from kr0.69 in 3Q 2022). Revenue: kr1.54b (up 1.5% from 3Q 2022). Net income: kr29.5m (up 55% from 3Q 2022). Profit margin: 1.9% (up from 1.2% in 3Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jul 22
President & CEO recently bought kr675k worth of stock On the 20th of July, Per Wallentin bought around 5k shares on-market at roughly kr135 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr1.1m. Per has been a buyer over the last 12 months, purchasing a net total of kr2.1m worth in shares. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr0.71 (vs kr4.71 in 2Q 2022) Second quarter 2023 results: EPS: kr0.71 (down from kr4.71 in 2Q 2022). Revenue: kr1.76b (up 6.9% from 2Q 2022). Net income: kr19.5m (down 85% from 2Q 2022). Profit margin: 1.1% (down from 7.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 31
President & CEO recently bought kr378k worth of stock On the 29th of May, Per Wallentin bought around 2k shares on-market at roughly kr189 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr1.1m. Per has been a buyer over the last 12 months, purchasing a net total of kr1.5m worth in shares. Recent Insider Transactions • May 05
President & CEO recently bought kr1.1m worth of stock On the 3rd of May, Per Wallentin bought around 5k shares on-market at roughly kr219 per share. This transaction amounted to 13% 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 Per's only on-market trade for the last 12 months. Ankündigung • May 04
Knowit AB (Publ) Approves A Dividend, Payable on May 10, 2023 and November 21, 2023 Knowit AB (publ) at its Annual General Meeting held on May 3, 2023, resolved in accordance with the Board's proposal, on a dividend of SEK 7.50 per share divided on two occasions of SEK 3.75 per share and dividend occasion. The record dates for the dividend shall be May 5, 2023 and November 16, 2023. The dividend is expected to be distributed through Euroclear Sweden AB on May 10, 2023 and on November 21, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: kr3.64 (vs kr4.34 in 1Q 2022) First quarter 2023 results: EPS: kr3.64 (down from kr4.34 in 1Q 2022). Revenue: kr1.97b (up 16% from 1Q 2022). Net income: kr99.8m (down 16% from 1Q 2022). Profit margin: 5.1% (down from 7.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 27
Upcoming dividend of kr3.75 per share at 3.3% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.4%). Recent Insider Transactions • Feb 10
Independent Director recently bought kr59k worth of stock On the 7th of February, Sofia Karlsson bought around 250 shares on-market at roughly kr235 per share. This transaction amounted to less than 1% 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 kr153k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: kr14.05 (vs kr12.26 in FY 2021) Full year 2022 results: EPS: kr14.05 (up from kr12.26 in FY 2021). Revenue: kr6.83b (up 42% from FY 2021). Net income: kr385.0m (up 33% from FY 2021). Profit margin: 5.6% (down from 6.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr238, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the IT industry in the United Kingdom. Total returns to shareholders of 27% over the past three years. Ankündigung • Feb 07
Knowit AB (publ) Proposes Increased Dividends The Board of Knowit AB (publ) proposed increased dividends of SEK 7.50 per share against SEK 7.00 a year ago. Upcoming Dividend • Nov 08
Upcoming dividend of kr3.50 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 18% share price gain to kr221, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the IT industry in the United Kingdom. Total returns to shareholders of 19% over the past three years. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr0.69 (vs kr1.93 in 3Q 2021) Third quarter 2022 results: EPS: kr0.69 (down from kr1.93 in 3Q 2021). Revenue: kr1.52b (up 28% from 3Q 2021). Net income: kr19.0m (down 64% from 3Q 2021). Profit margin: 1.2% (down from 4.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Buying Opportunity • Oct 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be kr289, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.3%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Buying Opportunity • Sep 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be kr289, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.3%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Reported Earnings • Jul 16
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr1.64b (up 59% from 2Q 2021). Net income: kr129.0m (up 215% from 2Q 2021). Profit margin: 7.8% (up from 4.0% in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 13% growth forecast for the industry in the United Kingdom. Reported Earnings • May 03
First quarter 2022 earnings released: EPS: kr4.34 (vs kr3.49 in 1Q 2021) First quarter 2022 results: EPS: kr4.34 (up from kr3.49 in 1Q 2021). Revenue: kr1.70b (up 68% from 1Q 2021). Net income: kr119.0m (up 73% from 1Q 2021). Profit margin: 7.0% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 27
Upcoming dividend of kr3.50 per share Eligible shareholders must have bought the stock before 03 May 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (4.6%). In line with average of industry peers (2.4%). Buying Opportunity • Apr 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be kr375, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Recent Insider Transactions • Mar 22
Chief Financial Officer recently bought kr94k worth of stock On the 18th of March, Marie Bjorklund bought around 300 shares on-market at roughly kr314 per share. In the last 3 months, they made an even bigger purchase worth kr107k. Marie has been a buyer over the last 12 months, purchasing a net total of kr201k worth in shares. Buying Opportunity • Mar 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be kr374, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Buying Opportunity • Feb 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be kr382, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Recent Insider Transactions • Feb 08
Head of Communications recently bought kr100k worth of stock On the 4th of February, Christina Johansson bought around 290 shares on-market at roughly kr345 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr107k. Insiders have collectively bought kr207k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 05
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr12.26 (down from kr12.96 in FY 2020). Revenue: kr4.81b (up 42% from FY 2020). Net income: kr290.5m (up 16% from FY 2020). Profit margin: 6.0% (down from 7.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 27%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 29
Chief Financial Officer recently bought kr107k worth of stock On the 27th of December, Marie Björklund bought around 300 shares on-market at roughly kr357 per share. This was the largest purchase by an insider in the last 3 months. This was Marie's only on-market trade for the last 12 months. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS kr1.93 (vs kr2.34 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: kr1.19b (up 80% from 3Q 2020). Net income: kr52.8m (up 17% from 3Q 2020). Profit margin: 4.4% (down from 6.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. 
