New Risk • Jun 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr91.7m (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 Risk Market cap is less than US$10m (kr91.7m market cap, or US$9.87m). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (kr11m revenue, or US$1.1m). New Risk • Mar 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (kr11m revenue, or US$1.2m). Market cap is less than US$100m (kr114.8m market cap, or US$12.5m). New Risk • Feb 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr84.8m (US$9.49m) 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 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 (11% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$996k). Market cap is less than US$10m (kr84.8m market cap, or US$9.49m). New Risk • Feb 05
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 9.9% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr12m free cash flow). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$988k). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (kr110.8m market cap, or US$12.3m). New Risk • Dec 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr94.3m (US$9.98m) 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 Less than 1 year of cash runway based on free cash flow trend (-kr12m free cash flow). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$943k). Market cap is less than US$10m (kr94.3m market cap, or US$9.98m). New Risk • Nov 10
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: -kr12m 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 (-kr12m free cash flow). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$935k). Minor Risk Market cap is less than US$100m (kr110.8m market cap, or US$11.6m). Annonce • Oct 31
Axolot Solutions Holding AB (publ), Annual General Meeting, May 05, 2026 Axolot Solutions Holding AB (publ), Annual General Meeting, May 05, 2026, at 10:00 W. Europe Standard Time. Location: at genetor kontorshotell, kungstorget 8, helsingborg Sweden Reported Earnings • Oct 30
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr4.21m (up 99% from 3Q 2024). Net loss: kr813.0k (loss narrowed 87% from 3Q 2024). 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 20% per year, which means it is significantly lagging earnings. New Risk • Oct 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 Swedish stocks, typically moving 8.2% 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 Less than 1 year of cash runway based on free cash flow trend (-kr11m free cash flow). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m (kr5.9m revenue, or US$625k). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (kr111.1m market cap, or US$11.8m). New Risk • Aug 14
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 (-kr11m free cash flow). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m (kr5.9m revenue, or US$615k). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (kr113.8m market cap, or US$11.9m). Reported Earnings • Jul 29
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr2.48m (up 157% from 2Q 2024). Net loss: kr2.17m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Feb 26
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: kr3.0m (US$281k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr11m free cash flow). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (kr3.0m revenue, or US$281k). Market cap is less than US$10m (kr78.9m market cap, or US$7.43m). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). New Risk • Feb 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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 (-kr20m free cash flow). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Market cap is less than US$10m (kr83.1m market cap, or US$7.80m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (kr13m revenue, or US$1.2m). Annonce • Nov 08
Axolot Solutions Holding AB (publ), Annual General Meeting, May 12, 2025 Axolot Solutions Holding AB (publ), Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time. Location: genetorkontorshotell, kungstorget 8, helsingborg Sweden Reported Earnings • Oct 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr2.12m (up 208% from 3Q 2023). Net loss: kr6.03m (loss widened 61% from 3Q 2023). New Risk • Aug 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% 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 (-kr16m 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 (54% increase in shares outstanding). Market cap is less than US$10m (kr72.7m market cap, or US$6.88m). Minor Risk Revenue is less than US$5m (kr11m revenue, or US$1.1m). Reported Earnings • Jul 25
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr966.0k (down 18% from 2Q 2023). Net loss: kr5.20m (loss widened 25% from 2Q 2023). New Risk • May 27
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 (-kr14m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (kr62.2m market cap, or US$5.86m). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (kr11m revenue, or US$1.1m). Reported Earnings • Apr 26
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr3.78m (up 189% from 1Q 2023). Net loss: kr5.33m (loss widened 16% from 1Q 2023). New Risk • Feb 16
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: -kr14m 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 (-kr14m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (kr9.0m revenue, or US$862k). Market cap is less than US$10m (kr67.6m market cap, or US$6.47m). Minor Risk Shareholders have been diluted in the past year (42% increase in shares outstanding). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.14 loss per share (vs kr0.22 loss in FY 2022) Full year 2023 results: kr0.14 loss per share (improved from kr0.22 loss in FY 2022). Revenue: kr9.00m (up 341% from FY 2022). Net loss: kr16.4m (loss narrowed 12% from FY 2022). 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 36% per year, which means it is significantly lagging earnings. New Risk • Jan 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 42% 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 Revenue is less than US$1m (kr3.6m revenue, or US$345k). Market cap is less than US$10m (kr77.8m market cap, or US$7.45m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (42% increase in shares outstanding). Reported Earnings • Jul 26
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.19m (up 141% from 2Q 2022). Net loss: kr4.17m (loss narrowed 18% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 10
Full year 2022 earnings released: kr0.22 loss per share (vs kr0.36 loss in FY 2021) Full year 2022 results: kr0.22 loss per share. Revenue: kr2.04m (down 31% from FY 2021). Net loss: kr18.7m (loss widened 2.1% from FY 2021). Reported Earnings • Feb 19
Full year 2022 earnings released: kr0.16 loss per share (vs kr0.36 loss in FY 2021) Full year 2022 results: kr0.16 loss per share. Revenue: kr2.04m (down 31% from FY 2021). Net loss: kr18.7m (loss widened 2.1% from FY 2021). Recent Insider Transactions • Dec 03
Director recently bought kr501k worth of stock On the 1st of December, Erica Nobel bought around 654k shares on-market at roughly kr0.77 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr607k more in shares than they have sold in the last 12 months. 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. Chairman of the Board Peter Lysell was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Net loss: kr3.76m (loss narrowed 7.9% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr494.0k (down 48% from 2Q 2021). Net loss: kr5.11m (loss widened 3.1% from 2Q 2021). Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr673.0k (up 39% from 1Q 2021). Net loss: kr4.10m (loss narrowed 7.7% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board Peter Lysell was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 22
Full year 2021 earnings released: kr0.35 loss per share (vs kr0.75 loss in FY 2020) Full year 2021 results: kr0.35 loss per share (up from kr0.75 loss in FY 2020). Revenue: kr2.96m (down 26% from FY 2020). Net loss: kr18.3m (loss narrowed 7.8% from FY 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.34 loss per share (up from kr0.75 loss in FY 2020). Revenue: kr3.33m (down 17% from FY 2020). Net loss: kr18.3m (loss narrowed 7.8% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr1.03m (up 65% from 3Q 2020). Net loss: kr4.08m (loss narrowed 6.3% from 3Q 2020). Reported Earnings • Aug 01
Second quarter 2021 earnings released: kr0.09 loss per share (vs kr0.20 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: kr1.02m (down 2.5% from 2Q 2020). Net loss: kr4.96m (loss narrowed 6.7% from 2Q 2020). Reported Earnings • May 02
First quarter 2021 earnings released The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: kr673.0k (down 33% from 1Q 2020). Net loss: kr4.45m (loss narrowed 29% from 1Q 2020). Is New 90 Day High Low • Feb 23
New 90-day high: kr1.60 The company is up 14% from its price of kr1.41 on 24 November 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities industry, which is down 5.0% over the same period. Reported Earnings • Feb 13
Full year 2020 earnings released: kr0.75 loss per share (vs kr0.98 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr4.72m (up 1.2% from FY 2019). Net loss: kr19.9m (loss narrowed 24% from FY 2019). Annonce • Feb 12
Axolot Solutions Holding AB (publ), Annual General Meeting, May 18, 2021 Axolot Solutions Holding AB (publ), Annual General Meeting, May 18, 2021. Annonce • Feb 04
Axolot Solutions Signs Trial Agreement with Customer in the Biogas Industry Axolot Solutions Finland Oy has signed an agreement with a customer in the biogas industry for trials with Axolot's patented technology. The trials will be carried out at the customer's site in Finland, with the purpose of purifying their reject water arising from dewatering of digestate, being a residual from biogas production. The reject water should be cleaned from solids and nutrients. Is New 90 Day High Low • Feb 02
New 90-day low: kr1.16 The company is down 37% from its price of kr1.84 on 03 November 2020. The Swedish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is flat over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: kr1.20 The company is down 32% from its price of kr1.76 on 10 September 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is flat over the same period. Annonce • Nov 13
Axolot Solutions Signs Trial Agreement with a Customer in the Biogas Industry Axolot Solutions Finland Oy has signed an agreement with Ab Stormossen Oy, for trials with Axolot's patented AxoPur® technology. The trials will be carried out at the customer's site in Finland, with the purpose of purifying their wastewater arising from dewatering of the digestate. Ab Stormossen Oy is a company dealing with biowaste and sludge, converting it into compost soil and biogas vehicle fuel. The company is taking part in the EU Interreg project Botnia Näring i Kretslopp. The trials will be carried out before the end of the year. Is New 90 Day High Low • Nov 10
New 90-day low: kr1.24 The company is down 34% from its price of kr1.87 on 11 August 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 1.0% over the same period. Annonce • Nov 06
Axolot Solutions Holding AB (Publ) Signs an Agreement for Trials with the Company's Patented Axopur® Technology, with A Customer in the Food Industry Axolot Solutions Holding AB (publ) has signed an agreement for trials with the company's patented AxoPur® technology, with a customer in the food industry. The trials will be carried out at the customer's premises, with the purpose of separating nutrients and bacteria from a flow, to enable recirculation of the purified water and thereby decrease the water consumption and the waste water volume. The trials will be performed during the month of December. Annonce • Nov 05
Axolot Solutions Holding AB Has Signed A Trial Agreement with A Customer in the Pulp and Paper Industry Axolot Solutions Holding AB has signed an agreement for trials with the company's patented AxoPur174; technology, with a customomer in the pulp and paper industry. The trials will be done at Axolots premises in Landvetter, aiming at on the one hand separating nutrients from a flow and on the other hand separating toxic metal compounds. The trials will be performed during the month of November. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of kr23.1m, with losses narrowing by 10.0% from the prior year. Total revenue was kr4.65m over the last 12 months, up 10.0% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day low: kr1.58 The company is down 25% from its price of kr2.10 on 16 July 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is up 2.0% over the same period. Annonce • Sep 24
Axolot Solutions Holding AB (Publ) Signs Trial Agreements with Two Customers in Finland Axolot Solutions Finland Oy has signed two trial agreements, with customers in the energy and ithe construction material sectctor respectively. Following the launch of the model program for the proprietary AxoPur water purification system, the marketing activities have intensified.One trial agreement has now been signed with a biofuel manufacturing company. This is an area where the AxoPur technology could have a cutting edge. The biofuel industry is in rapid growth as the world is changing for a sustainable future. The trial will be done on-site at the customer, on biofuel digestate flows. The primary target is to separate valuable nutrients from the digestate, in a compact form. The other trial agreement was done with a company within construction materials, for purifying exhaust gas scrubber wastewater with AxoPur technology. Exhaust gas scrubbing is a great opportunity for Axolots technology. This trial will be done at Axolots premises in Otaniemi, outside of Helsinki. The primary target of the trial is to remove certain contaminants in order to recirculate the water in the scrubber process. Both trials will be performed before the end of this year 2020. Annonce • Aug 04
Axolot Solutions Holding AB (publ) to Report Fiscal Year 2020 Results on Feb 12, 2021 Axolot Solutions Holding AB (publ) announced that they will report fiscal year 2020 results on Feb 12, 2021 
