Anuncio • Mar 26
DistIT AB (publ), Annual General Meeting, Apr 28, 2026 DistIT AB (publ), Annual General Meeting, Apr 28, 2026, at 09:00 W. Europe Standard Time. Location: bahr advokatbyra, birger jarlsgatan 16, 114 34 stockholm, Sweden Reported Earnings • Feb 21
Full year 2025 earnings released: kr0.30 loss per share (vs kr1.40 loss in FY 2024) Full year 2025 results: kr0.30 loss per share. Revenue: kr927.2m (down 42% from FY 2024). Net loss: kr97.0m (loss widened 146% from FY 2024). New Risk • Jan 07
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: -kr105m 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 (-kr105m free cash flow). Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 32x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (kr170.3m market cap, or US$18.6m). New Risk • Nov 09
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: -kr105m 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 (-kr105m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (over 32x increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr153.9m market cap, or US$16.2m). Reported Earnings • Nov 09
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: kr0.25 loss per share. Revenue: kr214.3m (down 37% from 3Q 2024). Net loss: kr42.0m (loss widened 18% from 3Q 2024). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Sweden. Board Change • Sep 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jonas Rydell was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 10x increase in shares outstanding. 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Market cap is less than US$10m (kr78.0m market cap, or US$8.36m). Reported Earnings • Aug 20
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: kr3.28 loss per share (further deteriorated from kr2.47 loss in 2Q 2024). Revenue: kr244.0m (down 36% from 2Q 2024). Net loss: kr92.1m (loss widened 33% from 2Q 2024). Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Electronic industry in Sweden are expected to grow by 6.7%. Buy Or Sell Opportunity • Jul 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 80% to kr0.49. The fair value is estimated to be kr0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.3% in a year. Earnings are forecast to grow by 76% in the next year. New Risk • Jul 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 10x increase in shares outstanding. 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr184.6m market cap, or US$19.4m). Reported Earnings • May 28
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: kr0.47 loss per share (improved from kr0.84 loss in 1Q 2024). Revenue: kr340.2m (down 25% from 1Q 2024). Net loss: kr13.3m (loss narrowed 44% from 1Q 2024). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 146%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Sweden. New Risk • Apr 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (kr28.1m market cap, or US$2.91m). Anuncio • Apr 30
DistIT AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 168.485592 million. DistIT AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 168.485592 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 336,971,184
Price\Range: SEK 0.5
Transaction Features: Rights Offering Anuncio • Apr 25
DistIT AB (publ), Annual General Meeting, May 27, 2025 DistIT AB (publ), Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time. Location: at the law firm dla piper sweden kb, at sveavagen 4, stockholm Sweden Reported Earnings • Feb 26
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: kr1.40 loss per share (improved from kr17.64 loss in FY 2023). Revenue: kr1.62b (down 23% from FY 2023). Net loss: kr39.4m (loss narrowed 91% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 75%. Revenue is forecast to stay flat during the next 3 years compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 20 percentage points per year, which is a significant difference in performance. New Risk • Feb 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (kr82.8m market cap, or US$7.77m). New Risk • Feb 07
New major risk - Revenue and earnings growth Earnings have declined by 76% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 76% per year over the past 5 years. Market cap is less than US$10m (kr80.6m market cap, or US$7.37m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 76% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 76% per year over the past 5 years. Market cap is less than US$10m (kr81.7m market cap, or US$7.62m). Reported Earnings • Nov 08
Third quarter 2024 earnings: Revenues miss analyst expectations Third quarter 2024 results: Revenue: kr343.8m (down 26% from 3Q 2023). Net loss: kr35.5m (loss narrowed 78% from 3Q 2023). Revenue missed analyst estimates by 8.8%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Sweden. 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. New Risk • Nov 04
New major risk - Revenue and earnings growth Earnings have declined by 77% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 77% per year over the past 5 years. Market cap is less than US$10m (kr90.1m market cap, or US$8.46m). New Risk • Oct 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr105.0m (US$9.87m) This is considered a major risk. Companies with a small market capitalization 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 (11% average weekly change). Market cap is less than US$10m (kr105.0m market cap, or US$9.87m). New Risk • Sep 02
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 8.9% 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 (kr78.6m market cap, or US$7.67m). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). New Risk • Aug 16
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: kr414m Forecast net loss in 2 years: kr3.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr81.2m market cap, or US$7.73m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr3.8m net loss in 2 years). New Risk • Jul 22
New major risk - Revenue and earnings growth Earnings have declined by 76% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 76% per year over the past 5 years. Market cap is less than US$10m (kr69.9m market cap, or US$6.56m). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 76% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 76% per year over the past 5 years. Market cap is less than US$10m (kr105.9m market cap, or US$9.75m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • May 01
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: kr0.84 loss per share (improved from kr1.99 loss in 1Q 2023). Revenue: kr457.5m (down 25% from 1Q 2023). Net loss: kr23.7m (loss narrowed 15% from 1Q 2023). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) exceeded analyst estimates by 24%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. New Risk • Apr 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr107.0m (US$9.83m) This is considered a major risk. Companies with a small market capitalization 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (kr107.0m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Reported Earnings • Feb 23
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: kr17.64 loss per share (further deteriorated from kr1.21 loss in FY 2022). Revenue: kr2.16b (down 16% from FY 2022). Net loss: kr418.6m (loss widened kr401.7m from FY 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 113%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. New Risk • Feb 15
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 8.7% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 301% Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks High level of debt (68% net debt to equity). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (kr158.4m market cap, or US$15.2m). Reported Earnings • Nov 27
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: kr5.84 loss per share (further deteriorated from kr0.36 loss in 3Q 2022). Revenue: kr475.9m (down 23% from 3Q 2022). Net loss: kr164.1m (loss widened kr159.1m from 3Q 2022). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. 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. New Risk • Aug 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.7% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr158.4m market cap, or US$14.5m). Reported Earnings • Aug 21
Second quarter 2023 earnings: Revenues miss analyst expectations Second quarter 2023 results: Revenue: kr513.0m (down 16% from 2Q 2022). Net loss: kr4.60m (loss narrowed 57% from 2Q 2022). Revenue missed analyst estimates by 1.9%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 16 percentage points per year, which is a significant difference in performance. Reported Earnings • May 21
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: kr1.99 loss per share (down from kr0.007 profit in 1Q 2022). Revenue: kr613.0m (flat on 1Q 2022). Net loss: kr28.0m (down kr28.1m from profit in 1Q 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 99%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 43% per year. Buying Opportunity • May 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 78%. The fair value is estimated to be kr9.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 1.2% in a year. Earnings is forecast to decline by 18% in the next year. Upcoming Dividend • Apr 11
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 18 April 2023. Payment date: 24 April 2023. The company last paid an ordinary dividend in February 2013. The average dividend yield among industry peers is 1.2%. Recent Insider Transactions • Mar 18
Senior Executive recently bought kr106k worth of stock On the 13th of March, Martin Gutberg bought around 10k shares on-market at roughly kr10.60 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr3.8m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 22
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: kr0.36 loss per share (further deteriorated from kr0.023 loss in 3Q 2021). Revenue: kr618.5m (up 1.5% from 3Q 2021). Net loss: kr5.00m (loss widened kr4.70m from 3Q 2021). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorates as stock falls 47% After last week's 47% share price decline to kr16.92, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 18x in the Electronic industry in Sweden. Total loss to shareholders of 54% over the past three years. 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 Kaufmann 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 • Oct 30
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: kr0.36 loss per share (further deteriorated from kr0.023 loss in 3Q 2021). Revenue: kr622.0m (up 2.1% from 3Q 2021). Net loss: kr5.00m (loss widened kr4.70m from 3Q 2021). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: kr0.76 loss per share (down from kr0.25 loss in 2Q 2021). Revenue: kr609.7m (up 12% from 2Q 2021). Net loss: kr10.6m (loss widened 242% from 2Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the Electronic industry in Sweden. 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 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr50.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Electronic industry in Sweden. Total returns to shareholders of 21% over the past three years. Recent Insider Transactions • May 29
Senior Executive recently bought kr246k worth of stock On the 27th of May, Martin Gutberg bought around 4k shares on-market at roughly kr61.49 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr3.0m. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months. Anuncio • May 17
DistIT AB Ordinary Shares Deleted from Other OTC DistIT AB (publ) Ordinary Shares has been deleted from Other OTC effective from May 16, 2022, due to Inactive security. Recent Insider Transactions • May 06
Chairman recently bought kr3.0m worth of stock On the 2nd of May, Stefan Charette bought around 50k shares on-market at roughly kr60.60 per share. This was the largest purchase by an insider in the last 3 months. This was Stefan's only on-market trade for the last 12 months. Reported Earnings • May 01
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: kr0.007 (down from kr0.98 in 1Q 2021). Revenue: kr613.0m (up 12% from 1Q 2021). Net income: kr100.0k (down 99% from 1Q 2021). Profit margin: 0% (down from 2.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 97%. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. 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. 5 non-independent directors. Director Mikael Nilsson was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 15
Philip Gunnarsson, CFO, Chooses to Terminate Employment with DistIT AB (publ) DistIT AB (publ) announced that CFO of the company, Philip Gunnarsson, has chosen to terminate his employment in order to take on a new assignment outside the company. The process of finding a replacement has begun, and Philip will remain as the company's CFO for a period of time to ensure the transition and to continue working on ongoing transformation work. Reported Earnings • Apr 05
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr3.39 (down from kr4.57 in FY 2020). Revenue: kr2.52b (up 7.1% from FY 2020). Net income: kr43.5m (down 23% from FY 2020). Profit margin: 1.7% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% 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 Derivative • Mar 18
President & Group CEO exercised options to buy kr11m worth of stock. On the 14th of March, Robert Rosenzweig exercised options to buy 132k shares at a strike price of around kr40.00, costing a total of kr5.3m. This transaction amounted to 92% of their direct individual holding at the time of the trade. Since September 2021, Robert has owned 144.44k shares directly. Company insiders have collectively bought kr4.0m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Feb 24
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr3.39 (down from kr4.57 in FY 2020). Revenue: kr2.52b (up 7.2% from FY 2020). Net income: kr43.5m (down 23% from FY 2020). Profit margin: 1.7% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be kr123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29% per annum over the last 3 years. Buying Opportunity • Feb 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be kr123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr101, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in Sweden. Total returns to shareholders of 173% over the past three years. Buying Opportunity • Jan 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.9%. The fair value is estimated to be kr160, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 21% share price gain to kr141, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in Sweden. Total returns to shareholders of 288% over the past three years. Recent Insider Transactions • Aug 25
Group CFO & Secretary of the Board recently bought kr535k worth of stock On the 18th of August, Philip Gunnarsson bought around 5k shares on-market at roughly kr107 per share. This was the largest purchase by an insider in the last 3 months. Philip has been a buyer over the last 12 months, purchasing a net total of kr1.6m worth in shares. Anuncio • Aug 19
DistIT AB (publ) (OM:DIST) entered into an agreement to acquire Electric Fuel Infrastructure Sweden 2 AB for approximately $340 million. DistIT AB (publ) (OM:DIST) entered into an agreement to acquire Electric Fuel Infrastructure Sweden 2 AB for approximately $340 million on August 18, 2021. Under the terms of agreement, DistIT will pay SEK 45 million in cash and SEK 140 million through a 1.626 million directed new issue of shares in DistIT. In case the new shares issuance is not resolved by the board of directors at meeting then a cash consideration of SEK 140 million will be paid instead of shares issuance. Further, a conditional purchase price of SEK 140 million may be paid in cash if Electric Fuel Infrastructure delivers a gross profit of SEK 70 million on a rolling 12-month basis at any time in the future. Through the new share issue, Electric Fuel Infrastructure owners, including Chief Executive Officer Rasmus Bender, will become shareholders in DistIT. The acquisition is expected to be completed later today. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 19% share price gain to kr109, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Electronic industry in Sweden. Total returns to shareholders of 222% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 20% share price gain to kr98.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Sweden. Total returns to shareholders of 189% over the past three years. Recent Insider Transactions • May 12
Group Chief Financial Officer recently bought kr693k worth of stock On the 7th of May, Philip Gunnarsson bought around 9k shares on-market at roughly kr79.16 per share. This was the largest purchase by an insider in the last 3 months. Philip has been a buyer over the last 12 months, purchasing a net total of kr1.6m worth in shares. Reported Earnings • May 04
First quarter 2021 earnings released: EPS kr0.98 (vs kr0.29 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr547.5m (down 2.3% from 1Q 2020). Net income: kr12.1m (up 236% from 1Q 2020). Profit margin: 2.2% (up from 0.6% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 26
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 06 May 2021. Trailing yield: 2.2%. Lower than top quartile of Swedish dividend payers (3.3%). Higher than average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improved over the past week After last week's 17% share price gain to kr94.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Electronic industry in Sweden. Total returns to shareholders of 120% over the past three years. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS kr4.57 (vs kr0.51 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr2.36b (up 1.6% from FY 2019). Net income: kr56.1m (up kr62.4m from FY 2019). Profit margin: 2.4% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue and earnings miss expectations Revenue missed analyst estimates by 0.3%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 9.7%, compared to a 9.5% growth forecast for the Electronic industry in Sweden. Is New 90 Day High Low • Feb 25
New 90-day high: kr67.80 The company is up 63% from its price of kr41.60 on 26 November 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 25% share price gain to kr61.00, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 12.5x. This compares to an average P/E of 36x in the Electronic industry in Sweden. Total returns to shareholders over the past three years are 64%. Is New 90 Day High Low • Jan 18
New 90-day high: kr61.00 The company is up 42% from its price of kr43.00 on 20 October 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: kr47.50 The company is up 13% from its price of kr42.00 on 30 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: kr45.50 The company is up 21% from its price of kr37.70 on 09 September 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Recent Insider Transactions • Dec 03
Independent Director recently bought kr367k worth of stock On the 1st of December, Anders Bladh bought around 9k shares on-market at roughly kr41.48 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 12
Chief Executive Officer recently bought kr324k worth of stock On the 10th of November, Robert Rosenzweig bought around 9k shares on-market at roughly kr37.24 per share. In the last 3 months, they made an even bigger purchase worth kr1.3m. Robert has been a buyer over the last 12 months, purchasing a net total of kr2.1m worth in shares. Is New 90 Day High Low • Oct 29
New 90-day low: kr36.00 The company is down 6.0% from its price of kr38.30 on 31 July 2020. The Swedish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Analyst Estimate Surprise Post Earnings • Oct 25
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 0.5% at kr548.1m. Revenue is forecast to grow 7.7% over the next year, compared to a 3.1% growth forecast for the Electronic industry in Sweden. Is New 90 Day High Low • Sep 28
New 90-day high: kr44.80 The company is up 29% from its price of kr34.60 on 30 June 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 19% over the same period.