Reported Earnings • May 11
First quarter 2026 earnings released First quarter 2026 results: Revenue: kr44.9m (up 37% from 1Q 2025). Net income: kr1.28m (up 494% from 1Q 2025). Profit margin: 2.9% (up from 0.7% in 1Q 2025). The increase in margin was driven by higher revenue. Annonce • Apr 24
Tribox Group AB (publ), Annual General Meeting, May 22, 2026 Tribox Group AB (publ), Annual General Meeting, May 22, 2026, at 11:00 W. Europe Standard Time. Location: synch law`s offices at birger jarlsgatan 6, 114 34 stockholm., stockholm Sweden Buy Or Sell Opportunity • Mar 13
Now 21% undervalued Over the last 90 days, the stock has risen 11% to kr0.21. The fair value is estimated to be kr0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 68%. New Risk • Mar 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 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 Risks Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Market cap is less than US$10m (kr65.7m market cap, or US$7.18m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • Feb 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 83% 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 Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Market cap is less than US$10m (kr57.4m market cap, or US$6.34m). Reported Earnings • Feb 17
Full year 2025 earnings released: kr0.001 loss per share (vs kr0.064 loss in FY 2024) Full year 2025 results: kr0.001 loss per share (improved from kr0.064 loss in FY 2024). Revenue: kr122.2m (flat on FY 2024). Net loss: kr210.0k (loss narrowed 98% from FY 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr27.3m (down 16% from 3Q 2024). Net loss: kr223.0k (loss narrowed 90% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Sep 21
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: -kr6.9m 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 (-kr6.9m free cash flow). Market cap is less than US$10m (kr42.9m market cap, or US$4.56m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Sep 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr31.1m (up 5.6% from 2Q 2024). Net income: kr11.0k (up kr3.12m from 2Q 2024). Profit margin: 0% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Aug 29
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 (kr47.6m market cap, or US$5.03m). Reported Earnings • May 19
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr32.8m (up 19% from 1Q 2024). Net income: kr216.0k (up kr1.39m from 1Q 2024). Profit margin: 0.7% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annonce • Apr 24
Triboron International AB (publ), Annual General Meeting, May 23, 2025 Triboron International AB (publ), Annual General Meeting, May 23, 2025, at 11:00 W. Europe Standard Time. Location: at synch advokats offices, at birger jarlsgatan 6, 114 34 stockholm. Sweden New Risk • Mar 21
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 13% 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 Less than 1 year of cash runway based on free cash flow trend (-kr6.6m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Market cap is less than US$10m (kr51.0m market cap, or US$5.03m). Reported Earnings • Feb 15
Full year 2024 earnings released Full year 2024 results: Revenue: kr122.7m (up 78% from FY 2023). Net loss: kr8.16m (loss narrowed 35% from FY 2023). New Risk • Feb 11
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 8.6% 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 Less than 1 year of cash runway based on free cash flow trend (-kr4.1m free cash flow). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Market cap is less than US$10m (kr55.9m market cap, or US$5.14m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Recent Insider Transactions • Dec 26
Independent Director recently bought kr156k worth of stock On the 20th of December, Henry Stenson bought around 446k shares on-market at roughly kr0.35 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. This was the only on-market transaction from insiders over the last 12 months. New Risk • Dec 17
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: -kr4.1m 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 (-kr4.1m free cash flow). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Market cap is less than US$10m (kr62.5m market cap, or US$5.71m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Reported Earnings • Nov 18
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr28.7m (flat on 3Q 2023). Net loss: kr2.13m (loss widened 42% from 3Q 2023). Reported Earnings • Sep 02
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr29.9m (up 274% from 2Q 2023). Net loss: kr3.11m (loss widened 4.0% from 2Q 2023). New Risk • Aug 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% 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 Less than 1 year of cash runway based on free cash flow trend (-kr12m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Market cap is less than US$10m (kr76.0m market cap, or US$7.49m). New Risk • Aug 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr12m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (kr42.4m market cap, or US$4.07m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Annonce • May 31
Triboron International AB (publ), Annual General Meeting, Jun 27, 2024 Triboron International AB (publ), Annual General Meeting, Jun 27, 2024, at 10:00 W. Europe Standard Time. Location: at synch advokat`s office, at birger jarlsgatan 6, 114 34, stockholm Sweden Reported Earnings • May 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr27.7m (up kr27.6m from 1Q 2023). Net loss: kr1.17m (loss narrowed 47% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ulla-Britt Frajdin-Hellqvist was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 18
Full year 2023 earnings released: kr0.13 loss per share (vs kr0.20 loss in FY 2022) Full year 2023 results: kr0.13 loss per share. Revenue: kr69.3m (up kr68.7m from FY 2022). Net loss: kr12.5m (loss widened 20% from FY 2022). 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 8.6% 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 Less than 1 year of cash runway based on free cash flow trend (-kr53m free cash flow). Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Market cap is less than US$10m (kr37.3m market cap, or US$3.55m). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (kr37m revenue, or US$3.5m). Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr28.5m (up kr28.4m from 3Q 2022). Net loss: kr1.50m (loss narrowed 20% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 21
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr7.99m (up kr7.77m from 2Q 2022). Net loss: kr2.99m (loss widened 1.5% from 2Q 2022). New Risk • Jun 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 90% 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 Less than 1 year of cash runway based on free cash flow trend (-kr8.1m free cash flow). Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Revenue is less than US$1m (kr513k revenue, or US$47k). Market cap is less than US$10m (kr57.5m market cap, or US$5.29m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Feb 19
Full year 2022 earnings released: kr0.20 loss per share (vs kr0.44 loss in FY 2021) Full year 2022 results: kr0.20 loss per share (improved from kr0.44 loss in FY 2021). Revenue: kr1.23m (up 48% from FY 2021). Net loss: kr10.4m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 23
Third quarter 2022 earnings released Third quarter 2022 results: Net loss: kr1.89m (loss narrowed 54% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 3 experienced directors. 3 highly experienced directors. Independent Director Ulla-Britt Frajdin-Hellqvist was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 22
First quarter 2022 earnings released First quarter 2022 results: Net loss: kr3.22m (loss narrowed 11% from 1Q 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 62% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 3 experienced directors. 3 highly experienced directors. Independent Director Ulla-Britt Frajdin-Hellqvist was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.44 loss per share (up from kr0.52 loss in FY 2020). Net loss: kr15.2m (loss widened 13% from FY 2020). Revenue was in line with analyst estimates. Board Change • Feb 02
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. 3 experienced directors. 3 highly experienced directors. Independent Director Ulla-Britt Frajdin-Hellqvist was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 24
Third quarter 2021 earnings released Third quarter 2021 results: Net loss: kr4.08m (loss widened 35% from 3Q 2020). Reported Earnings • Aug 21
Second quarter 2021 earnings released Second quarter 2021 results: Net loss: kr4.25m (loss widened 31% from 2Q 2020). Reported Earnings • May 22
First quarter 2021 earnings released First quarter 2021 results: Net loss: kr3.63m (loss narrowed 7.8% from 1Q 2020). Is New 90 Day High Low • Oct 12
New 90-day low: kr1.94 The company is down 48% from its price of kr3.70 on 14 July 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: kr2.28 The company is down 44% from its price of kr4.10 on 26 June 2020. The Swedish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 6.0% over the same period.