Upcoming Dividend • Apr 23
Upcoming dividend of kr0.40 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.2%). Reported Earnings • Apr 13
Full year 2025 earnings released: EPS: kr0.62 (vs kr0.90 in FY 2024) Full year 2025 results: EPS: kr0.62 (down from kr0.90 in FY 2024). Revenue: kr1.79b (up 9.9% from FY 2024). Net income: kr31.7m (down 24% from FY 2024). Profit margin: 1.8% (down from 2.6% in FY 2024). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 5.6% vs FY 2024 Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 26% per year. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: kr0.62 (vs kr0.90 in FY 2024) Full year 2025 results: EPS: kr0.62 (down from kr0.90 in FY 2024). Revenue: kr1.79b (up 9.9% from FY 2024). Net income: kr31.7m (down 24% from FY 2024). Profit margin: 1.8% (down from 2.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. New Risk • Feb 16
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€75.4m market cap, or US$89.6m). New Risk • Feb 13
New major risk - Revenue and earnings growth Earnings have declined by 36% 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 Risk Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€75.3m market cap, or US$89.4m). Annonce • Feb 13
Elektroimportøren AS announces Annual dividend, payable on May 11, 2026 Elektroimportøren AS announced Annual dividend of NOK 0.4000 per share payable on May 11, 2026, ex-date on April 30, 2026 and record date on May 04, 2026. Annonce • Nov 11
Elektroimportøren AS, Annual General Meeting, Apr 29, 2026 Elektroimportøren AS, Annual General Meeting, Apr 29, 2026. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: kr0.14 (vs kr0.65 in 3Q 2024) Third quarter 2025 results: EPS: kr0.14 (down from kr0.65 in 3Q 2024). Revenue: kr436.4m (up 7.2% from 3Q 2024). Net income: kr7.30m (down 78% from 3Q 2024). Profit margin: 1.7% (down from 8.1% in 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 72% over the past three years. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: kr0.002 (vs kr0.098 loss in 2Q 2024) Second quarter 2025 results: EPS: kr0.002 (up from kr0.098 loss in 2Q 2024). Revenue: kr367.2m (up 5.2% from 2Q 2024). Net income: kr100.0k (up kr5.10m from 2Q 2024). Profit margin: 0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. New Risk • Jul 08
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 German 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). Market cap is less than US$100m (€65.9m market cap, or US$77.2m). Reported Earnings • May 16
First quarter 2025 earnings released: kr0.15 loss per share (vs kr0.22 loss in 1Q 2024) First quarter 2025 results: kr0.15 loss per share (improved from kr0.22 loss in 1Q 2024). Revenue: kr396.0m (up 13% from 1Q 2024). Net loss: kr8.00m (loss narrowed 27% from 1Q 2024). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: kr0.90 (vs kr0.49 loss in FY 2023) Full year 2024 results: EPS: kr0.90 (up from kr0.49 loss in FY 2023). Revenue: kr1.63b (up 1.4% from FY 2023). Net income: kr41.6m (up kr53.4m from FY 2023). Profit margin: 2.6% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Like-for-like sales growth: Down 1.2% vs FY 2023 Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: kr0.87 (vs kr0.49 loss in FY 2023) Full year 2024 results: EPS: kr0.87 (up from kr0.49 loss in FY 2023). Revenue: kr1.63b (up 1.4% from FY 2023). Net income: kr40.0m (up kr51.8m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €1.24, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 82% over the past three years. Annonce • Nov 22
Elektroimportøren AS, Annual General Meeting, Apr 30, 2025 Elektroimportøren AS, Annual General Meeting, Apr 30, 2025. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.06, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 84% over the past three years. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.66 (vs kr0.22 loss in 3Q 2023) Third quarter 2024 results: EPS: kr0.66 (up from kr0.22 loss in 3Q 2023). Revenue: kr407.0m (up 1.5% from 3Q 2023). Net income: kr33.0m (up kr39.0m from 3Q 2023). Profit margin: 8.1% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
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 German stocks, typically moving 7.0% 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: Major Risk Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€48.5m market cap, or US$52.4m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: kr0.10 loss per share (vs kr0.30 loss in 2Q 2023) Second quarter 2024 results: kr0.10 loss per share (improved from kr0.30 loss in 2Q 2023). Revenue: kr349.0m (up 7.1% from 2Q 2023). Net loss: kr5.00m (loss narrowed 38% from 2Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. New Risk • Aug 22
New major risk - Revenue and earnings growth Earnings have declined by 38% 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 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€40.0m market cap, or US$44.5m). Reported Earnings • May 17
First quarter 2024 earnings released: kr0.04 loss per share (vs kr0.18 loss in 1Q 2023) First quarter 2024 results: kr0.04 loss per share. Revenue: kr350.0m (down 8.6% from 1Q 2023). Net loss: kr11.0m (loss widened 175% from 1Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Board Change • Apr 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non- Independent Director Gaute Gillebo 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. Reported Earnings • Apr 19
Full year 2023 earnings released: kr0.49 loss per share (vs kr2.41 profit in FY 2022) Full year 2023 results: kr0.49 loss per share (down from kr2.41 profit in FY 2022). Revenue: kr1.60b (down 1.3% from FY 2022). Net loss: kr11.8m (down 123% from profit in FY 2022). Like-for-like sales growth: Down 5.1% vs FY 2022 Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year and the company’s share price has also fallen by 57% per year. Annonce • Mar 21
Elektroimportøren AS has filed a Follow-on Equity Offering in the amount of NOK 30 million. Elektroimportøren AS has filed a Follow-on Equity Offering in the amount of NOK 30 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,000,000
Price\Range: NOK 7.5
Transaction Features: Rights Offering New Risk • Mar 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 117% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€33.8m market cap, or US$37.0m). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.44 loss per share (vs kr2.41 profit in FY 2022) Full year 2023 results: kr0.44 loss per share (down from kr2.41 profit in FY 2022). Revenue: kr1.60b (down 1.3% from FY 2022). Net loss: kr12.0m (down 123% from profit in FY 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 56% per year whereas the company’s share price has fallen by 53% per year. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Robert Iversen was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 02
Third quarter 2023 earnings released: kr0.24 loss per share (vs kr0.49 profit in 3Q 2022) Third quarter 2023 results: kr0.24 loss per share (down from kr0.49 profit in 3Q 2022). Revenue: kr401.0m (flat on 3Q 2022). Net loss: kr6.00m (down 156% from profit in 3Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.15, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total loss to shareholders of 73% over the past year. Annonce • Sep 27
Elektroimportoren Approves Management Changes Following the Extraordinary General Meeting held in Elektroimportøren AS on 25 September 2023, the Board of Directors consists of the following members: o Chairperson: Vegard Søraunet; Board member: Kjetil Garstad and Eja Tuominen Further, the company's Nomination Committee consist of: Chair: Åsa Otterlund and Member: Jørgen Stenshagen. Reported Earnings • Aug 17
Second quarter 2023 earnings released: kr0.31 loss per share (vs kr0.64 profit in 2Q 2022) Second quarter 2023 results: kr0.31 loss per share (down from kr0.64 profit in 2Q 2022). Revenue: kr326.0m (down 9.0% from 2Q 2022). Net loss: kr8.00m (down 158% from profit in 2Q 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. New Risk • Jul 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor 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 Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (€44.2m market cap, or US$48.7m). New Risk • Jun 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 German stocks, typically moving 7.9% 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 Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€42.4m market cap, or US$46.3m). Annonce • Jun 16
Elektroimportøren AS announced that it expects to receive NOK 119.6 million in funding from Aeternum Management AS and other investors. Elektroimportøren AS announced a private placement of 5,200,000 common shares at an issue price of NOK 23 per share for the gross proceeds of NOK 119,600,000 on June 14, 2023. The transaction will include participation from new investor Aeternum Capital AS,a fund managed by Aeternum Management AS and other investors. Aeternum Capital AS,a fund managed by Aeternum Management AS allotted 2,173,913 common shares at an issue price of NOK 23 per share for the gross proceeds of NOK 49,999,999. The round is oversubscribed. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €2.63, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 57% over the past year. Upcoming Dividend • Apr 26
Upcoming dividend of kr0.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 21% and the cash payout ratio is 76%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%). Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: kr2.41 (vs kr4.69 in FY 2021) Full year 2022 results: EPS: kr2.41 (down from kr4.69 in FY 2021). Revenue: kr1.63b (up 9.4% from FY 2021). Net income: kr52.1m (down 47% from FY 2021). Profit margin: 3.2% (down from 6.5% in FY 2021). The decrease in margin was driven by higher expenses. Like-for-like sales growth: Down 1.9% vs FY 2021 Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: kr2.37 (vs kr4.69 in FY 2021) Full year 2022 results: EPS: kr2.37 (down from kr4.69 in FY 2021). Revenue: kr1.63b (up 9.5% from FY 2021). Net income: kr51.0m (down 48% from FY 2021). Profit margin: 3.1% (down from 6.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: kr0.49 (vs kr0.84 in 3Q 2021) Third quarter 2022 results: EPS: kr0.49 (down from kr0.84 in 3Q 2021). Revenue: kr398.1m (up 11% from 3Q 2021). Net income: kr10.7m (down 38% from 3Q 2021). Profit margin: 2.7% (down from 4.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: kr0.64 (vs kr1.06 in 2Q 2021) Second quarter 2022 results: EPS: kr0.64 (down from kr1.06 in 2Q 2021). Revenue: kr358.3m (up 12% from 2Q 2021). Net income: kr13.9m (down 37% from 2Q 2021). Profit margin: 3.9% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 11% growth forecast for the Specialty Retail industry in Germany. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €5.04, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 33% over the past year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Feb 17
Elektroimportøren AS Announces Resignation of Fredrik Toft Bysveen as Board Member Elektroimportøren AS (the "Company") announced Fredrik Toft Bysveen decided to resign from his position as a member of the Company's Board of Directors. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: kr4.52 (up from kr3.92 in FY 2020). Revenue: kr1.49b (up 13% from FY 2020). Net income: kr93.7m (up 15% from FY 2020). Profit margin: 6.3% (up from 6.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 10%, compared to a 17% growth forecast for the retail industry in Germany. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 16% share price gain to €7.74, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Reported Earnings • Aug 19
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr320.8m (up 2.9% from 2Q 2020). Net income: kr22.1m (up 32% from 2Q 2020). Profit margin: 6.9% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 06
First quarter 2021 earnings released: EPS kr0.75 (vs kr0.81 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: kr345.7m (up 11% from 1Q 2020). Net income: kr15.5m (down 7.0% from 1Q 2020). Profit margin: 4.5% (down from 5.4% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS kr3.92 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.32b (up 37% from FY 2019). Net income: kr81.3m (up 241% from FY 2019). Profit margin: 6.2% (up from 2.5% in FY 2019). The increase in margin was driven by higher revenue. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS kr3.94 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.31b (up 36% from FY 2019). Net income: kr81.6m (up 242% from FY 2019). Profit margin: 6.2% (up from 2.5% in FY 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue beats expectations Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 8.5%, compared to a 7.7% growth forecast for the Specialty Retail industry in Germany.