Ankündigung • Aug 06
Sinch Launches Agent Tools For Developers And AI Coding Assistants Sinch announced the availability of Agent Tools, a new suite of tools designed to help developers build, test and deploy applications powered by the Sinch communication infrastructure platform from within their preferred development environments and AI-assisted coding tools. Agent Tools includes extensions for Visual Studio Code, JetBrains-based development environments and other Open VSX-compatible editors. The suite also includes tools that allow developers to test integrations before making live API calls, support for AI coding assistants, and access to structured information covering multiple Sinch APIs and services. Among the new capabilities is Simulator Mode, which allows developers to test integrations from within their development environment before creating a Sinch account or making live API calls. The launch also includes support for AI-assisted development tools including Claude Code, Cursor, GitHub Copilot and ChatGPT Desktop. This support, powered by an MCP server, allows direct access for AI assistants to live, accurate Sinch API definitions, and by Sinch Skills, which adds structured product knowledge covering configuration and implementation patterns. Together, they provide structured access to information across a range of Sinch services, including Conversation API, Authentication, Voice, Verification, Numbers, Elastic SIP Trunking, Fax and Mailgun. Agent Tools is part of Sinch's broader developer offering, which includes SDKs, command-line tools and automation capabilities designed to help organizations build communications functionality into applications and workflows. Agent Tools is available globally. Reported Earnings • Jul 22
Second quarter 2026 earnings released: EPS: kr0.17 (vs kr0.03 in 2Q 2025) Second quarter 2026 results: EPS: kr0.17 (up from kr0.03 in 2Q 2025). Revenue: kr6.99b (up 3.8% from 2Q 2025). Net income: kr116.0m (up 364% from 2Q 2025). Profit margin: 1.7% (up from 0.4% in 2Q 2025). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jun 19
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 8.0% 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 Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Ankündigung • Jun 12
Sinch AB Launches AI-Powered XC Tracker to Rank Football Managers’ Authenticity Sinch AB launched the AI-powered xC Tracker - a first-of-its-kind ranking that analyzes every press conference throughout the tournament to reveal which national team managers communicate most clearly and authentically under pressure, and which are most likely to fall back on football's favourite clichés. On the xC Tracker website, visitors can follow the rankings as the AI-powered tracker analyzes every pre- and post-match press conference delivered by the tournament's 48 national team managers. From the opening match to the final, the tracker examines communication patterns across multiple languages, including English, Spanish, Portuguese, French, German and Arabic, measuring how often managers fall back on stock phrases rather than offering genuine insight. A manager who talks about "taking it one game at a time" and insists that "the boys gave everything" will score higher on xC than one who provides specific observations, tactical insight or original reflections. The tracker will reveal which coaches bring fresh thinking to the microphone and which rely on football's most familiar clichés. Throughout the tournament, the xC Tracker will monitor: Live rankings of the tournament's clearest and most authentic communicators. Each manager's xC score and how it changes after wins and losses. The most frequently used football clichés across different languages. Which managers improve their communication performance as the tournament progresses. Which national team coach will win football's first-ever Press Conference Ballon d'Or. Rich data and statistics that journalists, commentators and football fans can use to add a fresh communication perspective to their tournament coverage and analysis. The tracker will also reveal whether managers become more predictable as the pressure intensifies, or whether football's biggest personalities can avoid telling reporters that it was simply "a game of two halves." By analyzing football's biggest press conferences, the company is applying its expertise in communication and AI to understand how people communicate when every word matters. For further real-time data analysis once the tournament officially kicks off on 11 June, please visit Sinch's xC Tracker. The xC Tracker – powered by Sinch – analyses every coach press conference at the 2026 World Cup, measuring responses against a 205-phrase dictionary of football clichés across six languages: English, Spanish, Portuguese, French, German and Arabic. Each phrase was verified by native-speaking editors and only included if it appeared repeatedly across major tournament press conferences, could apply regardless of result, and would be recognized by fans as a familiar football fallback. The AI detects exact matches, variations and paraphrased responses, while each phrase is assigned a cliché score from 3–10 based on how overused it is. References to religion, personal hardship or condolences are excluded from analysis. Ankündigung • Jun 10
Sinch AB (Publ) Announces Appointment of Jonas Dahlberg as Acting Chief Executive Officer, Effective June 8, 2026 Sinch AB (publ) announced the appointment of Jonas Dahlberg as acting Chief Executive Officer (CEO), effective June 8, 2026. Laurinda Pang decided to step down as CEO of Sinch. Jonas Dahlberg joined Sinch as Chief Financial Officer (CFO) on April 1, 2025. Prior to joining Sinch, he served as CEO and before that as CFO of Transcom, a global customer experience outsourcer. He also served in various executive positions at Sweco, the leading European Engineering Consultancy. Prior to Sweco, he was a consultant at McKinsey & Company. Jonas holds a M.Sc. degree in Applied Physics and B.Sc. in Business Administration. Laurinda Pang will continue to support the company until a permanent successor is appointed, however no later than December 31, 2026. Ankündigung • May 07
Sinch AB (publ) to Report Q3, 2026 Results on Nov 05, 2026 Sinch AB (publ) announced that they will report Q3, 2026 results on Nov 05, 2026 Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: kr0.26 (vs kr7.60 loss in FY 2024) Full year 2025 results: EPS: kr0.26 (up from kr7.60 loss in FY 2024). Revenue: kr27.5b (down 5.4% from FY 2024). Net income: kr217.0m (up kr6.63b from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). 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 Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 16
Sinch AB Appoints Jonathan Bean as Executive Vice President, EMEA & Global Partnerships Sinch AB announced the appointment of Jonathan Bean as Executive Vice President, EMEA & Global Partnerships. Jonathan Bean transitions from his role as Chief Marketing Officer, which he has held since 2019, and will lead Sinch's EMEA business and global partner ecosystem. Prior to his new role, Bean served as Chief Marketing Officer at Sinch, where he played a key role in building the company's global marketing, growth, and partner organisation. Before joining Sinch, he was Chief Revenue Officer at Mynewsdesk. Earlier in his career, he held senior sales leadership roles at Cision. Bean holds an MBA from Henley Business School and a degree in Communications from the University of Leeds. As part of this leadership transition, Nicklas Molin will leave Sinch at the end of April. Sinch has initiated the search for a new Chief Marketing Officer. Ankündigung • Mar 10
Sinch AB Announces Voice Relay Capability Sinch AB (publ) announced at Enterprise Connect new innovations across its Enterprise Voice platform, including Voice Relay, a new capability that enables developers to connect text-based AI agents directly to live phone calls. The announcement introduces Voice Relay in early access release, alongside AI-ready voice infrastructure, enhanced branded calling protection and expanded global network capabilities designed to help enterprises build secure, scalable customer conversations. Sinch provides the communications infrastructure that enables enterprises to bring AI-powered conversations to the global telephone network. Voice Relay allows developers to connect AI agents to the global telephone network quickly and reliably, helping them automate routine calls, reduce wait times and resolve issues faster without having to build and manage complex voice infrastructure themselves. Leveraging AI for voice interactions has historically required the management of complex audio streaming infrastructure, speech recognition services, text-to-speech systems and latency optimization. Voice Relay simplifies this process by allowing developers to connect AI agents built on large language models directly to live voice calls. With Voice Relay, Sinch manages the real-time conversational loop during a call, including speech recognition, voice synthesis and interruption handling. Developers can integrate AI agents with Sinch's global voice network using a simple interface while Sinch handles the underlying complexity of real-time voice interactions. Voice Relay provides the infrastructure that connects those agents to the global voice network, delivering the real-time media, reliability and control required to run AI-powered voice interactions in production. New Risk • Feb 19
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 7.4% 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 18
Full year 2025 earnings released: EPS: kr0.26 (vs kr7.60 loss in FY 2024) Full year 2025 results: EPS: kr0.26 (up from kr7.60 loss in FY 2024). Revenue: kr27.5b (down 5.4% from FY 2024). Net income: kr217.0m (up kr6.63b from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Ankündigung • Feb 18
Sinch AB (publ) to Report Fiscal Year 2025 Final Results on Apr 23, 2026 Sinch AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 23, 2026 Ankündigung • Jan 26
Sinch AB (publ), Annual General Meeting, May 21, 2026 Sinch AB (publ), Annual General Meeting, May 21, 2026. Ankündigung • Dec 16
Sinch AB (publ) Announces Executive Changes Sinch AB (publ) on December 15, 2025 announced the appointment of Lindy Puttkammer as its new Chief Human Resources Officer (CHRO), reporting to CEO Laurinda Pang, effective January 1, 2026. Since joining Sinch in 2024, Puttkammer has served as Head of HR Americas and, most recently, also led the company's global Compensation and Benefits function. Prior to Sinch, she spent more than a decade at Lumen Technologies, where she held several senior leadership roles including Vice President of Talent Acquisition and Vice President of Human Resources. She holds a Master of Education (M.Ed.) with a specialization in HR Studies from Colorado State University. The appointment follows the announcement that the current CHRO, Christina Raaschou, will be leaving Sinch to take on a new professional challenge. She will remain in her role until the end of February 2026 to ensure a smooth handover. New Risk • Dec 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 96% 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. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Nov 12
Chief Executive Officer recently bought kr2.8m worth of stock On the 7th of November, Laurinda Pang bought around 100k shares on-market at roughly kr27.80 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Laurinda's only on-market trade for the last 12 months. Reported Earnings • Nov 06
Third quarter 2025 earnings released: kr0.01 loss per share (vs kr7.22 loss in 3Q 2024) Third quarter 2025 results: kr0.01 loss per share (improved from kr7.22 loss in 3Q 2024). Revenue: kr6.83b (down 5.7% from 3Q 2024). Net loss: kr10.0m (loss narrowed 100% from 3Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software 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 fallen by 12% per year, which means it is significantly lagging earnings. Ankündigung • Sep 10
Sinch AB (Publ) Announces Chief Product Officer Changes Sinch AB (publ) announced the appointment of Daniel Morris as its new Chief Product Officer. He succeeds Robert Gerstmann, Sinch co-founder and Chief Evangelist, who has served in the role on an interim basis. Daniel Morris joined Sinch in 2021 through the acquisition of Pathwire and has since played a pivotal role in shaping the company's Email and Applications businesses, as well as its overall product strategy. With more than 20 years of senior product leadership experience at Sinch, Pathwire, Rackspace, and IBM, he brings extensive expertise and a deep understanding of Sinch's market and technology. Reported Earnings • Jul 22
Second quarter 2025 earnings released: EPS: kr0.03 (vs kr0.11 in 2Q 2024) Second quarter 2025 results: EPS: kr0.03 (down from kr0.11 in 2Q 2024). Revenue: kr6.82b (down 4.4% from 2Q 2024). Net income: kr25.0m (down 74% from 2Q 2024). Profit margin: 0.4% (down from 1.3% in 2Q 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Jul 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 British stocks, typically moving 9.3% 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. This is currently the only risk that has been identified for the company. Ankündigung • Jul 02
Sinch AB (publ)(OM:SINCH) dropped from OMX Stockholm 30 Index Sinch AB (publ) has been dropped from the OMX OMX Stockholm 30 Index Recent Insider Transactions • Jun 18
Chief Financial Officer recently bought kr4.9m worth of stock On the 13th of June, Johnas Dahlberg bought around 200k shares on-market at roughly kr24.26 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Johnas' only on-market trade for the last 12 months. Buy Or Sell Opportunity • Jun 13
Now 21% undervalued Over the last 90 days, the stock has risen 13% to kr25.09. The fair value is estimated to be kr31.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Jun 04
Sinch Unveils Mailgun Inspect Sinch (Sinch AB (publ) announced the launch of Mailgun Inspect, a powerful new API-first solution that empowers Martech and Enterprise platforms to embed robust email testing and quality assurance tools directly into their products as a white-label offering. For global Martech platforms, Mailgun Inspect offers a powerful, white-label-ready solution that can be deeply embedded into their own products, enabling them to deliver robust email testing capabilities under their own brand, at global scale. For enterprise teams, it provides an intuitive, high-performance toolset to catch rendering issues, ensure accessibility, and optimize inbox experiences, all backed by Mailgun's reliability, performance, and developer-first design. Built for integration, scale, and performance, Mailgun Inspect brings the trusted capabilities of Sinch Email on Acid into Mailgun's infrastructure, delivering enterprise-grade reliability with developer-first experience. Mailgun Inspect offers advanced features including: Over 100+ client rendering previews, including dark mode and mobile clients; Accessibility testing aligned with WCAG 2.2 and EAA standards; Content validation (image and link checks) helping detect issues before impacting customer experience; White-label APIs and sub user management; Usage-based pricing-eliminating restrictive user-seat models. The launch comes ahead of the European Accessibility Act (EAA), which takes effect in June of 2025, setting new standards for inclusive digital communication. Mailgun Inspect helps organizations meet these requirements by offering integrated accessibility testing and actionable guidance to create compliance-ready workflows. Ankündigung • May 22
Sinch AB (Publ) Elects Kristina Willgård as A New Member of the Board of Directors Sinch AB (publ) in its Annual General Meeting held on May 22, 2025 approved to elect Kristina Willgård as a new member of the board of directors. Buy Or Sell Opportunity • May 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.1% to kr24.57. The fair value is estimated to be kr31.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 24
Full year 2024 earnings released: kr7.60 loss per share (vs kr0.05 profit in FY 2023) Full year 2024 results: kr7.60 loss per share (down from kr0.05 profit in FY 2023). Revenue: kr29.1b (flat on FY 2023). Net loss: kr6.41b (down kr6.46b from profit in FY 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 18
Sinch AB (publ), Annual General Meeting, May 22, 2025 Sinch AB (publ), Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time. Location: at sinchs offices, at lindhagensgatan 112, stockholm Sweden Recent Insider Transactions • Apr 04
Insider recently bought kr506k worth of stock On the 31st of March, Nicklas Molin bought around 24k shares on-market at roughly kr21.07 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. Despite this recent purchase, insiders have collectively sold kr1.7m more in shares than they bought in the last 12 months. Ankündigung • Mar 28
Sinch Announces Management Changes Sinch AB (publ), announced that Chief Product Officer Sean O'Neal will leave Sinch to take up the position as CEO of a company in a different industry. Sean O'Neal originally joined Sinch as President of the SMB Business Unit, and took on the role as CPO as Sinch established its new operating model in early 2024. The company has initiated a process to recruit his successor. During the interim, Robert Gerstmann, Sinch co-founder and Chief Evangelist, will lead the product organization. Reported Earnings • Feb 13
Full year 2024 earnings released: kr7.60 loss per share (vs kr0.05 profit in FY 2023) Full year 2024 results: kr7.60 loss per share (down from kr0.05 profit in FY 2023). Revenue: kr29.6b (up 1.6% from FY 2023). Net loss: kr6.41b (down kr6.46b from profit in FY 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Ankündigung • Jan 03
Sinch AB (publ) to Report Fiscal Year 2024 Final Results on Apr 23, 2025 Sinch AB (publ) announced that they will report fiscal year 2024 final results on Apr 23, 2025 Ankündigung • Nov 11
Sinch AB (publ) Appoints David Ruggiero as Senior Vice President of Sales for the North America Region Sinch AB (publ) announced the appointment of David Ruggiero as Senior Vice President of Sales for the North America region. A highly experienced executive with over 25 years of expertise in sales leadership across Enterprise, Mid Markets and SMB, David will lead Sinch's sales strategy in the North American team, driving expansion across the region and reinforcing Sinch's commitment to delivering exceptional customer experiences. David joins Sinch with a strong background in strategic planning, operational excellence, and sales process development. Known for leading high performing sales organizations, David has extensive experience leading go-to-market (GTM) transformations across diverse industries and a proven ability to build world-class sales teams. Prior to joining Sinch, David held executive leadership roles at notable companies, including Zoom, Microsoft, Outreach, Cisco, Avaya, and Qwest, where he successfully grew revenue, optimized operations, and led transformative sales initiatives. Based out of Dallas, TX, David will oversee Sinch's sales operations in the North American region, focusing on accelerating growth, expanding market reach, and building strong, long-term relationships with Sinch's strong customer base. In this new role, David will focus on refining and executing Sinch's sales strategy for the North America team, leveraging the company's innovative solutions to meet the evolving needs of businesses across the region. As Sinch continues to scale its solutions across messaging, voice, video, and customer engagement, David Ruggiero's appointment underscores Sinch's commitment to serving enterprises, brands, and mobile operators in the North American market with innovative, reliable, and secure communication solutions. Reported Earnings • Nov 07
Third quarter 2024 earnings released: kr7.22 loss per share (vs kr0.055 profit in 3Q 2023) Third quarter 2024 results: kr7.22 loss per share (down from kr0.055 profit in 3Q 2023). Revenue: kr7.31b (flat on 3Q 2023). Net loss: kr6.09b (down kr6.14b from profit in 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year whereas the company’s share price has fallen by 43% per year. Ankündigung • Oct 15
Sinch Enables the Transformation of Emergency Communications Sinch announced that it is paving the way for the transformation of emergency communications with its advanced Next Generation 911 (NG911) technology. By integrating a wide range of multimedia options — such as voice calls, real-time text (RTT), internet of things (IoT) data and video — Sinch enhances accessibility and ensures more reliable and comprehensive communication than voice-only 911 services. These NG911 innovations ensure first-responders receive mission-critical, real-time data, improving response times and public safety. Sinch plays a leading role in NG911 services across the United States, transforming emergency communication infrastructure and delivering over 40% of the NG911 traffic in markets where it's available. Sinch's advanced NG911 technology is built on its public-safety-grade nationwide 911 network, processing 4+ million 911 calls each month and reaches 5,000+ public safety answering points (PSAPs) in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. Emergency call centers (ECCs) upgraded to accept NG911 features receive comprehensive, real-time information that enhances public safety and response efforts. One of the key features of Sinch's NG911 platform is its ability to deliver precise, real-time location data to emergency responders. The inclusion of multimedia data — such as live video feeds, medical records or building floor plans — further enriches the information available to emergency responders, giving them a more comprehensive understanding of situations before they arrive on site. This combination of multimedia capabilities and precise location makes Sinch's NG911 infrastructure a critical tool for modernizing and improving the overall effectiveness of emergency services. Functionality like RTT enables instant text-based communication for individuals with hearing or speech impairments, ensuring equitable access to emergency services. Sinch's geo-redundant infrastructure safeguards data security, reliability, and compliance with FCC and DHS regulations, supporting seamless integration with older systems, without disrupting existing services. Collaboration with mobile network operators (MNOs) and NG partners has been crucial in expanding the reach and efficacy of Sinch's NG911 services, facilitating widespread adoption and integration of advanced communication technologies across networks. Deployments of Sinch NG911 technology, including the first statewide NG i3 location services implementation in Massachusetts, and further implementations in West Virginia, and Louisiana, have greatly enhanced location data precision, crucial for faster emergency response. RTT capabilities have similarly improved communication in states like Illinois, Texas, Florida, West Virginia, Louisiana, and Nebraska, underscoring Sinch's role in leading NG911 services across the United States. Sinch plans to continue expanding its NG911 services across more states in the U.S.; exploring opportunities to adapt these technologies for international markets; and advancing the capabilities of NG911 including IoT (internet of things) video and data (like medical information and floor plans), for more comprehensive data and communication features. Ankündigung • Oct 08
Sinch AB (publ) Announces Resignation of Roshan Saldanha as CFO Sinch AB (publ) announced that Roshan Saldanha, on his own initiative, has chosen to leave the company for a similar position in a different sector. Roshan has been Sinch's CFO since March 2019 and will continue in his role until his successor takes office, or until March 2025 at the latest. The process to recruit a new CFO will be initiated immediately. Recent Insider Transactions • Oct 02
Chief Marketing Officer recently sold kr947k worth of stock On the 30th of September, Jonathan Bean sold around 30k shares on-market at roughly kr31.58 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 kr2.2m more than they bought in the last 12 months. Reported Earnings • Jul 22
Second quarter 2024 earnings released: EPS: kr0.11 (vs kr0.083 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.11 (up from kr0.083 loss in 2Q 2023). Revenue: kr7.14b (flat on 2Q 2023). Net income: kr95.0m (up kr165.0m from 2Q 2023). Profit margin: 1.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Ankündigung • Jul 17
Sinch Introduces Sinch AI: Revolutionizing Customer Engagement with Intentional Intelligence Sinch AB (publ) announced the debut of Sinch AI. This capability equips forward-thinking businesses with advanced tools to craft smarter, safer, and more efficient conversational experiences, setting them apart in an increasingly competitive market. In today's fast-paced business environment, the challenges are immense. With customer expectations reaching new heights and market conditions constantly evolving, maintaining customer loyalty remains critical, yet harder than ever. Exceptional conversational experiences are a reliable key differentiator, allowing businesses to distinguish themselves and rise above the competition. Recent advancements in AI have significantly enhanced these interactions, making them not only more impactful and valuable but also impossible to ignore. The Company's mission is to enable the Company's customers to create impactful conversational experiences that transform interactions from mere engagement to genuine delight. Seamlessly integrated throughout the Sinch Customer Communications Cloud, Sinch AI delivers intelligent solutions across all major business functions. Sinch AI accelerates marketing and support teams with generative writing tools and sophisticated bots throughout the Company's suite of applications. For developers and product managers, Sinch AI provides smarter building blocks that detect conversational nuances like sentiment and intention via the Company's robust API platform. Additionally, within the Company's Super Network, Sinch AI proactively filters out fraud, enabling operators to connect with confidence. The AI the Company creates is purpose-driven, designed to help people work faster, solve important problems, and integrate reliably. By speeding up their work, helping spot and reduce fraud, and enhancing message understanding, the Company ensures customers can achieve more with Sinch AI. Sinch's commitment to intentionally applied AI is evident in its customer success stories, such as the recent collaboration with Moet Ik Naar De Dokter (MINDD) in the Netherlands. By utilizing Sinch AI, MINDD transformed patient triage, making the process faster, prioritizing patient safety, and addressing biases to ensure effective and equitable navigation for all users. Ankündigung • Jun 20
Johan Stuart Is Leaving Sinch AB (Publ)'s Board of Directors Sinch AB (publ) announced that Johan Stuart is leaving the board of directors for personal reasons. The process of finding a successor will now be initiated. Johan Stuart has been a member of Sinch's board of directors since 2015. Recent Insider Transactions • Jun 06
Chief Marketing Officer recently sold kr1.2m worth of stock On the 31st of May, Jonathan Bean sold around 54k shares on-market at roughly kr23.12 per share. This transaction amounted to 41% 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 kr2.5m more than they bought in the last 12 months. Board Change • May 29
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. 4 non-independent directors. Independent Director Renee Stromberg was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 17
Sinch AB (publ) Elects Mattias Stenberg and Lena Almefelt as Members of the Board of Directors Sinch AB (publ) resolved to elect Mattias Stenberg and Lena Almefelt as new members of the board of directors, at its annual general meeting held on 16 May 2024. Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: kr0.05 (vs kr6.04 loss in FY 2022) Full year 2023 results: EPS: kr0.05 (up from kr6.04 loss in FY 2022). Revenue: kr29.1b (up 3.7% from FY 2022). Net income: kr42.0m (up kr4.99b from FY 2022). Profit margin: 0.1% (up from net loss in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software 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 28 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 27
Sinch Appoints Ilse van der Haar as Chief Legal Officer, Effective April 1, 2024 Sinch AB (publ) announced that it has appointed Ilse van der Haar as Chief Legal Officer and member of the Sinch Global Leadership Team. Ilse brings a broad experience and a proven track record of success from some 20 years of experience in senior legal positions with focus on compliance and regulatory affairs. She joined Sinch in 2022 as VP Privacy and Regulatory and her previous experience includes positions with PostNord and Tele2. Ilse van der Haar will take up the new position on 1 April 2024. Following this appointment, Sinch's leadership team will consist of: Laurinda Pang, CEO; Brett Scorza, Chief Technology Officer; Christina Raaschou, Chief Human Resources Officer; Cristina David, Chief Information Officer; Ilse van der Haar, Chief Legal Officer; Jonathan Bean, Chief Marketing Officer; Julia Fraser, EVP Americas; Nicklas Molin, EVP EMEA; Roshan Saldanha, Chief Financial Officer; Sean O'Neal, Chief Product Officer; Sibito Morley, Chief Data and Transformation Officer; Thomas Heath, Chief Strategy Officer; Wendy Johnstone, EVP APAC. Ankündigung • Feb 22
Sinch AB (Publ) Appoints Wendy Johnstone as Executive Vice President Apac, Effective February 23, 2024 Sinch AB (publ) announced that it has appointed Wendy Johnstone as Executive Vice President APAC and member of the Sinch Global Leadership Team. Wendy brings a broad experience and a proven track record of success from over 25 years in the technology and SaaS sectors across EMEA and APAC. She joins Sinch from Zendesk where she had the position as Senior Vice President Asia Pacific and Japan. Wendy Johnstone will succeed Damien Tabor who has had this position on an interim basis and will continue as Sinch APAC’s Chief Financial Officer. Wendy is based in Singapore and her first day at Sinch will be February 23. New Risk • Feb 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 81% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: kr0.05 (vs kr6.04 loss in FY 2022) Full year 2023 results: EPS: kr0.05 (up from kr6.04 loss in FY 2022). Revenue: kr29.2b (up 4.0% from FY 2022). Net income: kr42.0m (up kr4.99b from FY 2022). Profit margin: 0.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Software 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 30 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 11
Sinch AB (publ) to Report Fiscal Year 2023 Results on Apr 22, 2024 Sinch AB (publ) announced that they will report fiscal year 2023 results at 9:00 AM, Central European Standard Time on Apr 22, 2024 Buying Opportunity • Jan 02
Now 25% undervalued Over the last 90 days, the stock is up 78%. The fair value is estimated to be kr46.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: kr0.055 (vs kr5.69 loss in 3Q 2022) Third quarter 2023 results: EPS: kr0.055 (up from kr5.69 loss in 3Q 2022). Revenue: kr7.27b (up 1.0% from 3Q 2022). Net income: kr46.0m (up kr4.81b from 3Q 2022). Profit margin: 0.6% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software 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 • Oct 28
Sinch AB (publ) to Report Q4, 2023 Results on Feb 15, 2024 Sinch AB (publ) announced that they will report Q4, 2023 results on Feb 15, 2024 Ankündigung • Oct 26
Sinch Expands the Mailgun Product Suite with Mailgun Optimize and Mailgun Validate to Transform Email Deliverability Sinch (Sinch AB (publ) announced that Mailgun Optimize, the first deliverability solution built on an email sending platform, and Mailgun Validate, the fastest and most accurate address verification solution, are now part of the Sinch Mailgun product suite. Mailgun is an industry leader in email delivery, with over 400 billion emails sent every year for the world's biggest brands and technology providers. The expanded product suite improves every part of the email management lifecycle, all through one integrated platform and global Super Network, versus relying on piecemeal third-party solutions that lack insights at scale. Email deliverability is extremely complex and poised to become even more difficult with upcoming policy changes from major inbox service providers. Following a dramatic increase in email volume that started in 2020, Google and Yahoo! will implement increased identity validation and other spam-prevention requirements for high-volume senders, matching established best practices such as DMARC, SPF and DKIM. Reaching users will be hard than ever, making sender reputation and strong deliverability practices the keys to successfully driving ROI. Mailgun Optimize and Mailgun Validate work seamlessly with Mailgun Send to bridge the complexities of delivery and deliverability, ensuring emails are reliably sent and landing in the primary inbox. A 2023 Forrester Consulting Total Economic Impact™? Study found that for a composite organization of customers interviewed, the three-year incremental impact of using Mailgun for sending and deliverability was $627,000 due to 20.6 million additional emails being delivered and opened. Mailgun found that deliverability customers have a 97.4% average delivery rate, significantly outperforming the industry average of 84.8%, withounce rates dropping to just 0.42% and open rates increasing by upwards of 21%. introducing the Mailgun Product Suite: Mailgun Optimize, formerly known as InboxReady, maximizes inbox placement by helping customers build and maintain their sender reputation while avoiding disruptions like blocklisting with advanced monitoring, reporting, and visualization. While Optimize is email service provider (ESP) agnostic and can be used on any platform to get actionable deliverability insights, leveraging it as part of the full Mailgun solution unlocks added benefits such as: Automatically integrated Microsoft SNDS IP data; Real-time bounce classification; Simplified inbox placement testing; Expanded spam trap monitoring; Mailgun Validate verifies email addresses on demand to ensure customers are protecting their reputation by sending to the cleanest list possible. Validate uses real-world send data, rather than broken SMTP handshakes, combined with an proprietary process for more reliable results. This multilayer verification approach includes MX record validation, grammar and typo checks, domain analysis and more. Mailgun Send empowers businesses to send, receive and track emails effortlessly. Built by developers for developers for developers for developers, Send makes integrating a world-class cloud sending infrastructure easy through RESTful email APIs, maintained SDKs and global compliance policies. With 99.99% server uptime and 24/7/365 support, even the enterprises can build impactful customer experiences on their terms. Ankündigung • Sep 12
Sinch Announces Its Global Launch of Sms for Zoho Desk, Which Extends Sinch Messagemedia's, Two-Way SMS Capabilities Sinch announced its global launch of SMS for Zoho Desk, which extends Sinch MessageMedia's industry-leading, two-way SMS capabilities. Deepening existing, highly-rated integrations with the Zoho Suite — SMS for Zoho Desk by Sinch MessageMedia enables customer service teams to easily manage and quickly address customer inquiries from a centralized platform, cutting down on response times and improving customer satisfaction. Customer service interactions can make or break customer relationships or a brand's reputation, with direct impacts to companies' bottom lines. Research from Sinch MessageMedia finds that customers are 82% more likely to have a favorable impression of a brand simply by being able to engage in two-way conversations. SMS for Zoho Desk by Sinch MessageMedia empowers businesses to take their customer support to the next level. Seamless, one-to-one conversational messaging directly within Zoho Desk eliminates the need for support teams to juggle multiple platforms, and instant, automated responses free agents up to focus on more complicated customer queries. The result: reduced strain on staff and faster ticket times. Reported Earnings • Jul 21
Second quarter 2023 earnings released: kr0.08 loss per share (vs kr0.049 loss in 2Q 2022) Second quarter 2023 results: kr0.08 loss per share (further deteriorated from kr0.049 loss in 2Q 2022). Revenue: kr7.13b (up 7.8% from 2Q 2022). Net loss: kr70.0m (loss widened 75% from 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software 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 78 percentage points per year, which is a significant difference in performance. Ankündigung • Jun 06
Sinch AB (Publ) Announces Executive Changes Sinch AB (publ), which powers meaningful conversations between businesses and their customers through its Customer Communications Cloud announced that it has appointed Sylvan "Sibito" H Morley III, as Chief Data and Transformation Officer. Sibito Morley has broad industrial experience from senior roles at companies across technology, manufacturing, healthcare, and aviation. In each of these roles, he has focused on the use of technology and data to better leverage existing assets and achieve identified strategic outcomes. He joins Sinch from a recent position as SVP and Chief Data Officer at Lumen Technology. Mr. Morley will join Sinch on 6 June 2023. Julie Rassat, Chief Integration & Transformation Officer, will report to Mr. Morley upon his arrival. Following this announcement, Sinch's leadership team will consist of: Laurinda Pang, CEO, Brett Scorza, President Voice, Christina Raaschou, Chief Human Resources Officer,Cristina David, Chief Information Officer, Jonathan Bean, Chief Marketing Officer, Josh Odom, President, CPaaS, Nicklas Molin, EVP International, Petter Bengtsson, EVP North AmericaRoshan Saldanha, Chief Financial Officer, Sean O'Neal, President SMB, Sibito Morley, Chief Data and Transformation Officer and Thomas Heath, Chief Strategy Officer. Reported Earnings • Apr 26
Full year 2022 earnings released: kr6.04 loss per share (vs kr1.29 profit in FY 2021) Full year 2022 results: kr6.04 loss per share (down from kr1.29 profit in FY 2021). Revenue: kr28.1b (up 73% from FY 2021). Net loss: kr4.94b (down kr5.85b from profit in FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software 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 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Full year 2022 earnings released: kr6.03 loss per share (vs kr1.29 profit in FY 2021) Full year 2022 results: kr6.03 loss per share (down from kr1.29 profit in FY 2021). Revenue: kr27.7b (up 70% from FY 2021). Net loss: kr4.94b (down kr5.85b from profit in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software 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 84 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 13
Swedbank Robur Fonder AB acquired an unknown minority stake in Sinch AB (publ). Swedbank Robur Fonder AB acquired an unknown minority stake in Sinch AB (publ) on December 31, 2022.
Swedbank Robur Fonder AB completed the acquisition of an unknown minority stake in Sinch AB (publ) on December 31, 2022. Reported Earnings • Nov 03
Third quarter 2022 earnings released: kr5.69 loss per share (vs kr0.37 profit in 3Q 2021) Third quarter 2022 results: kr5.69 loss per share (down from kr0.37 profit in 3Q 2021). Revenue: kr7.20b (up 83% from 3Q 2021). Net loss: kr4.77b (down kr5.03b from profit in 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software 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 increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 23% share price gain to kr20.85, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 29x in the Software industry in the United Kingdom. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 26% share price gain to kr17.76, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 29x in the Software industry in the United Kingdom. Total returns to shareholders of 8.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr20.39, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 35x in the Software industry in the United Kingdom. Total returns to shareholders of 56% over the past three years. Board Change • Jul 31
High number of new directors Director Hudson Smith was the last director to join the board, commencing their role in 2022. Reported Earnings • Jul 22
Second quarter 2022 earnings released: kr0.05 loss per share (vs kr0.069 profit in 2Q 2021) Second quarter 2022 results: kr0.05 loss per share (down from kr0.069 profit in 2Q 2021). Revenue: kr6.62b (up 80% from 2Q 2021). Net loss: kr40.0m (down 185% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 22% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment deteriorated over the past week After last week's 21% share price decline to kr26.68, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 33x in the Software industry in the United Kingdom. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr38.28, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 37x in the Software industry in the United Kingdom. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to kr46.27, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 33x in the Software industry in the United Kingdom. Total returns to shareholders of 225% over the past three years. Recent Insider Transactions • May 14
President & CEO recently bought kr3.0m worth of stock On the 9th of May, Oscar Werner bought around 74k shares on-market at roughly kr40.44 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr11m. Oscar has been a buyer over the last 12 months, purchasing a net total of kr7.2m worth in shares. Board Change • May 12
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 Bridget Cosgrave was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 04
Chairman of the Board recently bought kr11m worth of stock On the 28th of April, Erik Froberg bought around 300k shares on-market at roughly kr38.00 per share. This was the largest purchase by an insider in the last 3 months. Erik has been a buyer over the last 12 months, purchasing a net total of kr15m worth in shares. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: kr0.11 (vs kr0.22 in 1Q 2021) First quarter 2022 results: EPS: kr0.11 (down from kr0.22 in 1Q 2021). Revenue: kr6.55b (up 96% from 1Q 2021). Net income: kr88.0m (down 38% from 1Q 2021). Profit margin: 1.3% (down from 4.2% in 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 28% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorated over the past week After last week's 20% share price decline to kr64.40, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 38x in the Software industry in the United Kingdom. Total returns to shareholders of 436% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr86.92 per share. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 22% share price decline to kr61.69, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 35x in the Software industry in the United Kingdom. Total loss to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr105 per share. Recent Insider Transactions • Feb 22
Insider recently bought kr10m worth of stock On the 17th of February, Robert Gerstmann bought around 109k shares on-market at roughly kr92.58 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr14m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr1.88 (up from kr0.76 in FY 2020). Revenue: kr16.2b (up 100% from FY 2020). Net income: kr1.32b (up 195% from FY 2020). Profit margin: 8.1% (up from 5.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 54%, compared to a 29% growth forecast for the industry in the United Kingdom. Buying Opportunity • Feb 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be kr127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 45% per annum over the last 3 years. Earnings per share has grown by 33% per annum over the last 3 years. Recent Insider Transactions • Nov 25
Chief Executive Officer recently bought kr4.3m worth of stock On the 23rd of November, Oscar Werner bought around 35k shares on-market at roughly kr121 per share. This was the largest purchase by an insider in the last 3 months. This was Oscar's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 12
Chief Financial Officer recently bought kr500k worth of stock On the 11th of November, Roshan Saldanha bought around 4k shares on-market at roughly kr118 per share. This was the largest purchase by an insider in the last 3 months. This was Roshan's only on-market trade for the last 12 months. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS kr0.37 (vs kr0.16 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr3.94b (up 122% from 3Q 2020). Net income: kr266.0m (up 176% from 3Q 2020). Profit margin: 6.8% (up from 5.4% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr0.069 (vs kr0.063 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: kr3.68b (up 127% from 2Q 2020). Net income: kr47.0m (up 27% from 2Q 2020). Profit margin: 1.3% (down from 2.3% in 2Q 2020). 
