Anuncio • Apr 30
Flowscape Technology AB (publ), Annual General Meeting, May 27, 2026 Flowscape Technology AB (publ), Annual General Meeting, May 27, 2026, at 16:00 W. Europe Standard Time. Location: company`s premises at sveavagen 64, stockholm Sweden New Risk • Feb 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 71% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (71% accrual ratio). Market cap is less than US$10m (kr58.2m market cap, or US$6.42m). Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: kr0.11 (vs kr0.15 loss in FY 2024) Full year 2025 results: EPS: kr0.11 (up from kr0.15 loss in FY 2024). Revenue: kr50.8m (down 3.0% from FY 2024). Net income: kr2.17m (up kr5.08m from FY 2024). Profit margin: 4.3% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Nov 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 50% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (50% accrual ratio). Market cap is less than US$10m (kr58.8m market cap, or US$6.20m). Reported Earnings • Nov 18
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr12.2m (down 6.9% from 3Q 2024). Net income: kr535.0k (up 33% from 3Q 2024). Profit margin: 4.4% (up from 3.1% in 3Q 2024). The increase in margin was driven by lower expenses. Reported Earnings • Aug 26
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr12.8m (up 3.7% from 2Q 2024). Net income: kr37.0k (up kr2.36m from 2Q 2024). Profit margin: 0.3% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • Jun 05
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. 1 experienced director. No highly experienced directors. Founder, VP of Product & Director Peter Reigo is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr13.4m (up 8.1% from 1Q 2024). Net income: kr160.0k (up kr2.04m from 1Q 2024). Profit margin: 1.2% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. New Risk • May 28
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 Swedish stocks, typically moving 10% 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: Major Risk Market cap is less than US$10m (kr55.2m market cap, or US$5.73m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Anuncio • Apr 04
Flowscape Technology AB (publ) Appoints Linda Eriksson as Chief Financial Officer, Effective May 5, 2025 Flowscape Technology AB (publ) announced that Linda Eriksson will assume the role of Chief Financial Officer on May 5, 2025, succeeding Peter Eriksson, who will conclude his assignment at Flowscape at the end of May. Linda brings extensive experience in financial leadership from both growth companies and more established organizations. She most recently served as Global Business Controller at SECO Tools and has previously held positions as CFO at Bulten Hallstahammar and Finance Manager at Jalysi Group. She has been a key member of executive teams, with broad experience in financial control, reporting, and business development. Linda has delivered strong results in driving change and has successfully built efficient and business-oriented finance functions in growing companies. Anuncio • Mar 11
Flowscape Technology AB (publ), Annual General Meeting, May 28, 2025 Flowscape Technology AB (publ), Annual General Meeting, May 28, 2025. Anuncio • Feb 28
Flowscape Technology AB (Publ) Announces Step Down of Peter Eriksson as CFO Flowscape Technology AB (publ) announced that Peter Eriksson has decided to step down from his role as CFO to take the next natural step in his career. Peter will assume a CFO position at a larger company, where he will lead a team and manage a more complex operation. Peter Eriksson will remain in his role during a transition period to ensure a smooth handover. Reported Earnings • Feb 26
Full year 2024 earnings released: kr0.15 loss per share (vs kr0.12 loss in FY 2023) Full year 2024 results: kr0.15 loss per share (further deteriorated from kr0.12 loss in FY 2023). Revenue: kr53.0m (down 9.2% from FY 2023). Net loss: kr2.91m (loss widened 27% from FY 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Jan 08
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: kr56m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (kr61.9m market cap, or US$5.54m). Minor Risk Revenue is less than US$5m (kr56m revenue, or US$5.0m). Reported Earnings • Nov 18
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr13.1m (flat on 3Q 2023). Net income: kr401.0k (up kr2.10m from 3Q 2023). Profit margin: 3.1% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr12.4m (down 11% from 2Q 2023). Net loss: kr2.32m (loss widened 254% from 2Q 2023). New Risk • Aug 16
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 Swedish stocks, typically moving 9.2% 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: Major Risk Market cap is less than US$10m (kr49.8m market cap, or US$4.76m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Anuncio • Jun 26
Flowscape Technology AB (Publ) Hires Fredrik Landberg as CEO, Effective October 1, 2024 The board of Flowscape Technology AB has hired Fredrik Landberg as the company's new CEO, effective October 1, 2024. Fredrik has 25 years of experience from the technology sector, above all from successful companies such as Ericsson and Telia, where he held several leading commercial roles both in Sweden and internationally. Since 2020, he has been working as CEO at Exopen, a medium-sized SaaS company within Fintech, where Fredrik has turned the business towards growth in recent years. The combination of experience from large companies with world leading products, well-developed processes and methods and smaller, faster-growing companies, with their requirements for great knowledge of modern tools and strong cost control, is exciting and Fredrik feels like a perfect candidate for the job as CEO at Flowscape, says the company's board. As previously announced, the CEO change is taking place on the current CEO and founder Peter Reigo's own initiative, and the recruitment of Fredrik has taken place in close cooperation between the board and the CEO. Anuncio • May 14
Flowscape Technology AB (publ) to Report Q1, 2024 Results on May 16, 2024 Flowscape Technology AB (publ) announced that they will report Q1, 2024 results on May 16, 2024 Anuncio • Mar 20
Flowscape Technology AB (publ) Announces Peter Reigo, CEO, Changes Role in the Company Flowscape Technology AB (publ) announced that after 13 successful years as CEO of the company, Peter Reigo is changing his role in the Company. In his new role he will be responsible for product management and sales to large customers. This is part of strengthening key parts of the company for continued expansion. The work to find a new CEO for Flowscape Technology AB will begin immediately. The change of organization will be implemented when the successor is in place. Reported Earnings • Feb 22
Full year 2023 earnings released: kr0.12 loss per share (vs kr1.04 loss in FY 2022) Full year 2023 results: kr0.12 loss per share (improved from kr1.04 loss in FY 2022). Revenue: kr59.2m (up 24% from FY 2022). Net loss: kr2.28m (loss narrowed 91% from FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr13.2m (up 2.2% from 3Q 2022). Net loss: kr1.70m (loss narrowed 68% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Anuncio • Nov 08
Flowscape Technology AB (publ) to Report Q3, 2023 Results on Nov 17, 2023 Flowscape Technology AB (publ) announced that they will report Q3, 2023 results on Nov 17, 2023 New Risk • Aug 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr7.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr7.7m free cash flow). Market cap is less than US$10m (kr61.1m market cap, or US$5.57m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (kr50m revenue, or US$4.6m). Reported Earnings • Aug 20
Second quarter 2023 earnings released: kr0.033 loss per share (vs kr0.26 loss in 2Q 2022) Second quarter 2023 results: kr0.033 loss per share (improved from kr0.26 loss in 2Q 2022). Revenue: kr13.8m (up 13% from 2Q 2022). Net loss: kr655.0k (loss narrowed 87% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Anuncio • Jul 04
Flowscape Technology AB (Publ) Announces That Peter Eriksson Will Start as CFO Flowscape Technology AB (publ) announced that Peter Eriksson will start as CFO on August 14, 2023, and strengthen the company's management team with his background in finance, organizational change, and strategy. Peter most recently comes from the role of Global Business Control Manager at Intrum. Prior to that, he served as CFO at Leeroy Group AB, focusing on finance, organizational change, and strategy. Peter has also led the business control function at Bisnode Scandinavia and has several years of experience in the online payment industry. In both cases, the focus has been on reporting, analysis, and supporting operational activities. Reported Earnings • May 22
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr13.7m (up 8.4% from 1Q 2022). Net loss: kr3.49m (loss narrowed 19% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Anuncio • May 09
Flowscape Technology AB (publ) to Report Q1, 2023 Results on May 19, 2023 Flowscape Technology AB (publ) announced that they will report Q1, 2023 results on May 19, 2023 Recent Insider Transactions • Mar 03
CEO, Founder & Director recently bought kr100k worth of stock On the 28th of February, Peter Reigo bought around 40k shares on-market at roughly kr2.50 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. Peter has been a buyer over the last 12 months, purchasing a net total of kr223k worth in shares. Reported Earnings • Feb 22
Full year 2022 earnings released: kr1.31 loss per share (vs kr1.00 loss in FY 2021) Full year 2022 results: kr1.31 loss per share (further deteriorated from kr1.00 loss in FY 2021). Revenue: kr49.2m (up 25% from FY 2021). Net loss: kr25.6m (loss widened 14% from FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Dec 01
CEO, Founder & Director recently bought kr123k worth of stock On the 25th of November, Peter Reigo bought around 30k shares on-market at roughly kr4.09 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. This was Peter's only on-market trade for the last 12 months. Reported Earnings • Nov 21
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr13.3m (up 32% from 3Q 2021). Net loss: kr5.23m (loss widened 6.3% from 3Q 2021). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Per Adolfsson was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr12.4m (up 25% from 2Q 2021). Net loss: kr5.01m (loss narrowed 9.7% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 22
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr12.9m (up 49% from 1Q 2021). Net loss: kr4.33m (loss narrowed 31% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Co-founder & Director Johan Hägerlöf was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 10
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: kr0.012 loss per share (down from kr0.01 loss in FY 2020). Revenue: kr39.8m (down 7.4% from FY 2020). Net loss: kr21.8m (loss narrowed 6.2% from FY 2020). Revenue missed analyst estimates by 4.3%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 28
Third quarter 2021 earnings: Revenues miss analyst expectations Third quarter 2021 results: Revenue: kr10.1m (down 12% from 3Q 2020). Net loss: kr4.92m (loss widened 14% from 3Q 2020). Revenue missed analyst estimates by 4.3%. 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 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 26
First quarter 2021 earnings released The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: kr8.71m (down 5.4% from 1Q 2020). Net loss: kr6.28m (loss narrowed 2.6% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2020 earnings released: kr0.013 loss per share (vs kr0.02 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr43.4m (up 28% from FY 2019). Net loss: kr23.3m (loss narrowed 5.3% from FY 2019). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Anuncio • Jan 19
Flowscape Wins A Five-Year Contract in Sweden One of Sweden's larger municipalities ordered Flowscape's solution for their new town hall. The transaction is carried out together with ATEA with a contract over five years. The total order value is SEK 2.4 million, of which SEK 1.5 million is for software and SEK 0.9 million for hardware & installation. In 2021, the customer will move into a completely new town hall. The management wants to create an attractive and modern activity-based workplace where employees thrive and can work efficiently. One important part of this effort is to use Flowscape's leading workplace management technology. The solution includes Flowscape's room panel, room booking, desk booking and analytics solution with sensors, kiosk screens, mobile apps and Outlook plugin. The deal is being carried out with Flowscape's partner ATEA, which is one of the largest IT infrastructure suppliers in the Nordics. Anuncio • Sep 12
Flowscape Technology AB (publ) to Report Q2, 2020 Results on Aug 27, 2020 Flowscape Technology AB (publ) announced that they will report Q2, 2020 results on Aug 27, 2020