Ankündigung • Oct 10
BuildData Group to be Delisted from Nasdaq First North Growth Market Nasdaq Stockholm has decided that BuildData Group AB will be delisted from Nasdaq First North Growth Market. The last day of trading will be on October 20, 2023. Ankündigung • Sep 30
BuildData Group AB (publ) to Report Fiscal Year 2023 Results on Nov 17, 2023 BuildData Group AB (publ) announced that they will report fiscal year 2023 results on Nov 17, 2023 Ankündigung • Sep 29
BuildData Group Applies for Delisting of its Shares from Nasdaq First North Growth Market BuildData Acquisition AB declared the public offer for BuildData Group AB (publ) (‘the ‘company’) unconditional on September 22, 2023. BuildData Acquisition AB thus controls more than 90% of the shares in the company. The board of the company has on September 28, 2023, at the request of BuildData Acquisition AB, resolved to apply for delisting of the company's shares from Nasdaq First North Growth Market. The last day of trading in the company's shares on Nasdaq First North Growth Market will be announced as soon as the company has received confirmation from Nasdaq Stockholm. Recent Insider Transactions • Sep 24
CEO & Director recently sold kr19m worth of stock On the 22nd of September, Gustave Geisendorf sold around 5m shares on-market at roughly kr3.53 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gustave's only on-market trade for the last 12 months. Ankündigung • Jul 25
A consortium of existing shareholders in BuildData led by Gustave Geisendorf made a bid to acquire the remaining 30.12% stake in BuildData Group AB (publ) (OM:BUILD) for SEK 72.5 million. A consortium of existing shareholders in BuildData led by Gustave Geisendorf made a bid to acquire the remaining 30.12% stake in BuildData Group AB (publ) (OM:BUILD) for SEK 72.5 million on Jul 24, 2023. The shareholders of BuildData are offered SEK 3.53 in cash for each share in BuildData. The members of the Consortium own in aggregate 47,639,416 shares, corresponding to approximately 69.9% of all shares and votes in BuildData. The consortium of investors consists of Athanase Industrial Partners Fund II, Athanase Industrial Partners II KB, Hållbar AB, Brian Dodsworth, Gareth Burton, Per Åkerman, Marcus Schiller, Stephen Tarpey, Erik Gabrielson, Stefan Lanefelt, Tom Boland, Mike White, Mikael Näsström and James Cannon. Completion of the Offer is not subject to any financing condition. The Offer Price payable to shareholders of BuildData that accept the Offer is financed in full by funds available to the Offeror through a loan under an acquisition facility issued by Celina Fondförvaltning AB. Completion of the Offer is conditional upon, receipt of all necessary regulatory, governmental, or similar clearances, approvals and decisions, and other similar measures from authorities. The Offeror has not conducted a due diligence review of BuildData prior to the announcement of the Offer. In the event of the Offeror owns more than 90% Offeror intends to commence a compulsory buy-out procedure in respect of the remaining shares in BuildData. The offer is expected to be made public on or around August 23, 2023. The acceptance period in the Offer is expected to commence on or around August 24, 2023, and expire on or around September 21, 2023.
The Offeror has engaged Advokatfirma DLA Piper Sweden KB as legal advisers and Avanza Bank AB as issuing agent in connection with the Offer. Reported Earnings • Jul 19
Full year 2023 earnings released: kr0.35 loss per share (vs kr0.32 loss in FY 2022) Full year 2023 results: kr0.35 loss per share (further deteriorated from kr0.32 loss in FY 2022). Revenue: kr110.0m (up 25% from FY 2022). Net loss: kr23.4m (loss widened 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 04
Builddata Group Appoints Olly Drake as New Chief Financial Officer BuildData Group AB ("BuildData") announced that Olly Drake as has been appointed as its new Group Chief Financial Officer, following the retirement of Bruce Morrison. With 20 years' senior leadership experience in finance, operations and corporate M&A across media, tech and SaaS companies, Olly will be part of the BuildData Group Senior Leadership Team reporting into Group CEO, Gustave Geisendorf. Olly qualified as a Chartered Accountant (ACA) at BDO Stoy Hayward LLP. Prior to joining BuildData Group, Olly has held several senior financial and commercial positions in global media & tech organisations, including Induction Healthcare Plc., Next Fifteen Communications Plc., and Iris Nation Worldwide Ltd., where he was responsible for finance strategy, building financial and operating infrastructures and delivering corporate M&A. Reported Earnings • Apr 30
Third quarter 2023 earnings released: kr0.037 loss per share (vs kr0.081 loss in 3Q 2022) Third quarter 2023 results: kr0.037 loss per share (improved from kr0.081 loss in 3Q 2022). Revenue: kr27.4m (up 24% from 3Q 2022). Net loss: kr2.50m (loss narrowed 51% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 15
Independent Director recently bought kr103k worth of stock On the 7th of March, Gareth Burton bought around 45k shares on-market at roughly kr2.28 per share. This transaction amounted to 3.7% 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 the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jan 26
Second quarter 2023 earnings released: kr0.19 loss per share (vs kr0.12 loss in 2Q 2022) Second quarter 2023 results: kr0.19 loss per share (further deteriorated from kr0.12 loss in 2Q 2022). Revenue: kr27.4m (up 26% from 2Q 2022). Net loss: kr12.3m (loss widened 69% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Mikael Naesstroem is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 22
Full year 2022 earnings released: kr0.32 loss per share (vs kr0.29 loss in FY 2021) Full year 2022 results: kr0.32 loss per share (further deteriorated from kr0.29 loss in FY 2021). Revenue: kr93.8m (up 114% from FY 2021). Net loss: kr20.3m (loss widened 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
Third quarter 2022 earnings: Revenues miss analyst expectations Third quarter 2022 results: Revenue: kr22.5m (up 84% from 3Q 2021). Net loss: kr5.10m (loss widened 11% from 3Q 2021). Revenue missed analyst estimates by 22%. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Mikael Nasstrom is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jan 25
Second quarter 2022 earnings: Revenues miss analyst expectations Second quarter 2022 results: Revenue: kr22.3m (up 142% from 2Q 2021). Net loss: kr7.30m (loss widened 87% from 2Q 2021). Revenue missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Board Change • Nov 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Mikael Naesstroem is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 23
Full year 2021 earnings released: kr0.29 loss per share (vs kr4.62 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: kr45.2m (up 69% from FY 2020). Net loss: kr13.1m (loss narrowed 64% from FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Board Change • Oct 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Mikael Nasstrom is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 14
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Stefan Charette is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 13
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Stefan Charette is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 27
Zutec Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 100.2 million. Zutec Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 100.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,700,000
Price\Range: SEK 6 Executive Departure • Apr 29
Independent Director has left the company On the 22nd of April, Brian McGuire's tenure as Independent Director ended after 1.1 years in the role. As of December 2020, Brian personally held 4.18m shares (kr24m worth at the time). Brian is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 09
New 90-day low: kr5.00 The company is down 22% from its price of kr6.45 on 09 December 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 23
New 90-day high: kr7.20 The company is up 70% from its price of kr4.24 on 23 October 2020. The Swedish market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 40% over the same period. Ankündigung • Dec 01
Zutec Signs SEK 2.6 million Agreement for Infrastructure Project Zutec Holding AB announced that it has signed a SEK 2.6 million agreement with ITX 360 (PVT) LTD ("ITX") for the Bandaranaike International Airport (BIA) Phase II. The agreement is initially for a period of 4 years and consists of almost 75% software revenues for the provision of whole Zutec integrated cloud-based software platform. Ankündigung • Nov 26
Zutec Signs Three Year Framework Agreement with Quintain Ireland Zutec Holding AB (publ) announced that it has signed a 3 year framework agreement with Quitain Development Ireland LTD ("Quintain Ireland"). Quintain Ireland is the third large residential mixed-use developer in Ireland with a landbank that can accommodate over 9,000 residential units and almost 95,000 square metres of commercial space. The contact includes that Quintain Ireland intends to use Zutec's platform on all of its construction projects. Is New 90 Day High Low • Nov 11
New 90-day high: kr4.46 The company is up 221% from its price of kr1.39 on 13 August 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: kr4.20 The company is up 241% from its price of kr1.23 on 10 July 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Reported Earnings • Oct 04
Full year earnings released - kr0.86 loss per share Over the last 12 months the company has reported total losses of kr36.3m, with losses widening by 27% from the prior year. Total revenue was kr26.7m over the last 12 months, up 24% from the prior year. Reported Earnings • Oct 01
Full year earnings released - kr0.86 loss per share Over the last 12 months the company has reported total losses of kr36.3m, with losses widening by 27% from the prior year. Total revenue was kr29.3m over the last 12 months, up 36% from the prior year.