Board Change • May 20
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Karin Van der Salm is the most experienced director on the board, commencing their role in 2024. Independent Chairman Andreas Nordbrandt was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Apr 25
Saltx Technology Holding AB (Publ) Announces Board Appointments SaltX Technology Holding AB (publ), at the Annual General meeting held on 23 April 2026, approved the appointment of Anders Forsén, Sonya Fielding, Mercedes Jul and Bengt Steinbrecher as Board members for the period until the end of the next Annual General Meeting. Annuncio • Apr 10
Saltx and Holcim Begin Industrial-Scale Testing of Electrified Precalcination of Cement Raw Meal with Positive Results SaltX has begun industrial-scale testing of electrified precalcination of cement raw meal from Holcim at its test and research facility (ECRC) in Hofors, Sweden. The first test period has been completed with promising results. This follows earlier, smaller-scale testing at the company's ECTR facility, where targeted calcination levels were achieved, and establishes a solid foundation for continued scale-up towards a fully electrified pilot plant. The ongoing concept validation phase is progressing according to plan during spring 2026 and comprises multiple test periods, each processing approximately 20 tonnes of Holcim's cement raw meal. The work carried out at the ECRC facility is focused on progressively verifying process performance and operational stability at an industrially relevant scale. The initial test period has now been completed and shows positive initial results, including calcination levels. SaltX and Holcim are advancing two parallel technology tracks for cement production: electrified precalcination of cement raw meal and the following step, electrified sintering to produce cement clinker. Together, these form the basis for developing a fully electrified pilot plant targeted for 2028. SaltX and Holcim plan to provide an update on the test program's progress before summer. Annuncio • Mar 19
SaltX Technology Holding AB Appoints Karl Björnfot as CTO and Confirms Kristine Johansen as Permanent COO SaltX Technology Holding AB has appointed Karl Björnfot as Chief Technology Officer (CTO) and confirmed Kristine Johansen as permanent Chief Operating Officer (COO), strengthening the company's leadership as it advances the industrialization and scaling of its electrification and carbon capture technology for high-temperature industrial processes, focusing on the lime and cement industries. Karl Björnfot took on the role of CTO at SaltX on March 16, 2026. He has over 15 years of experience in the energy, chemicals, and process industries and has held senior technical roles in large-scale industrial development and startup projects. Karl has worked on major energy projects at Shell in the Middle East and Europe, contributed to the development of Northvolt Ett in Skellefteå, and built the engineering organization and process safety functions at Stegra. Most recently, he served as CTO at the chemical company Sekab. As CTO, Karl will oversee the ongoing development of SaltX's electrification technology and lead efforts to industrialize and scale it for commercial use in partnership with the company's industrial partners. As SaltX strengthens its leadership, Lars Croon will transition from CTO to Head of Innovation. As a key contributor to the development of the EAC technology, he has played a crucial role in the company's progress and will, in his new role, focus on continued innovation and further development of the technology. The change strengthens the company's ability to advance technological development and industrialization in parallel as commercialization continues. At the same time, Kristine Johansen has been confirmed as permanent COO after serving as acting COO since October 2025. During this period, she has played a key role in the company's operations, bringing clarity, structure, and momentum to the organization. Annuncio • Mar 11
SaltX Technology Holding AB (publ) to Report Fiscal Year 2025 Final Results on Mar 30, 2026 SaltX Technology Holding AB (publ) announced that they will report fiscal year 2025 final results on Mar 30, 2026 Annuncio • Mar 09
SaltX Technology Holding AB (publ), Annual General Meeting, Apr 23, 2026 SaltX Technology Holding AB (publ), Annual General Meeting, Apr 23, 2026, at 15:00 W. Europe Standard Time. Location: hagersten, stockholm. Sweden Annuncio • Mar 06
Saltx Technology Holding AB (Publ) Announces Board Changes SaltX Technology Holding AB (publ) announced that Björn Jonsson, Staffan Andersson, and Per Bodén have declined re-election and will not stand for re-election at the 2026 Annual General Meeting. The Nomination Committee wishes to express its sincere appreciation to the outgoing Board members for their strong commitment and valuable contributions to the company's development during their tenure. The Nomination Committee's proposal has been prepared with consideration of the Company's focus on industrialization and the continued commercialization of SaltX's technology. Overall, the proposed Board composition is expected to strengthen the Board with experience in strategic business development, industrial scale-up, financial governance, and capital markets, as the Company enters its continued commercialization and growth phase. Bengt Steinbrecher(born 1972) holds a Master's degree in Finance from the University of Zurich and has 25 years of experience in mergers and acquisitions (M&A), strategy, and open innovation. Over more than 20 years at the Holcim Group, he has held various roles at the group level and in operational positions across several countries.Eight years ago, he established Holcim MAQER Ventures, the Holcim Group's platform for open innovation and Corporate Venture Capital (CVC). In this role, he connects growth companies with Holcim in order to evaluate and scale their technologies across the Group.Bengt Steinbrecher is independent in relation to major shareholders in the Company and independent in relation to the Company and its management.Mercedes Jul(born 1984) holds a Bachelor's degree in Physics and a Master's degree in Energy and Sustainability and has completed several executive programs. She has more than 18 years of experience in multinational companies, with extensive experience from the energy sector, industrial transformation, strategic development and mergers and acquisitions (M&A).She currently serves as Head of Strategy and M&A for ABB's Process Industries division and is a member of KEY DH Technologies' Board of Directors. Previously, she has held various senior global leadership roles within ABB and externally at Hitachi Energy, KPMG, DNV, and the ACS Group. These roles have provided her with broad experience in industrial technology development, digitalization, new business models, and the requirements for scaling businesses in complex global environments.Mercedes Jul is independent in relation to major shareholders in the Company and independent in relation to the Company and its management. Annuncio • Jan 01
Saltx Technology Successfully Completes Dolomite Tests for SMA Mineral SaltX Technology successfully completed dolomite testing in December at the company's research and development center (ECRC) in Hofors, Sweden. This is the first time dolomite has been tested at scale, and the results have met the defined performance targets. The tests were conducted on behalf of and funded by SMA Mineral and represent the final material test as part of pilot plant preparations. Construction is planned to begin in the first half of 2026. Dolomite is a carbonate rock, similar to limestone, but it contains both calcium and magnesium carbonates, whereas limestone contains only calcium carbonate. It is an important industrial raw material and is used, among other things, in steel production. The testing demonstrated stable operation and a high calcination degree (average above 97%, carbon content ~0.3%), which was maintained for more than 50 hours of continuous operation. In total, 14 tonnes of high-quality material were produced, fully meeting the requirements for applications such as steel production. The dolomite material that has now been tested and verified will be one of the raw materials used in production at the planned pilot plant in Mo i Rana, Norway. The results represent an important technical and industrial milestone for the ZEQL project and mark a clear step forward in the development of electrified, emission-free lime production at an industrial scale. Annuncio • Dec 16
SaltX Electrification Technology Shows Successful Results in Tests with Carbonate Iron Ore from VA Erzberg As part of SaltX's strategy to test new materials and validate its electrification technology, successful tests have been conducted on carbonate iron ore in cooperation with the Austrian mining company VA Erzberg. The results show that SaltX's Electric Arc Calciner (EAC) performs effectively in processes that require high-temperature heating of carbonate-rich materials. Tests conducted earlier this year, both in laboratories and at SaltX's test facility in Bollmora (ECTR), confirm that the technology can heat carbonate iron ore to high temperatures, with the desired effect of converting it into ferrous and ferric oxides. All tests were performed on behalf of and financed by VA Erzberg. The material, iron ore produced by VA Erzberg in several million tonnes annually and supplied to Austria's steel producer voestalpine, is a key raw material in the Austrian steel industry's green transition. The tests form part of VA Erzberg's own development efforts to evaluate potential future solutions for more sustainable production. The parties will now proceed to evaluate the technical, financial, and timing-related conditions for a potential deeper collaboration over time. Annuncio • Nov 26
SaltX Technology Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 100.035049 million. SaltX Technology Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 100.035049 million.
Security Name: Class B Shares
Security Type: Common Stock
Securities Offered: 28,419,048
Price\Range: SEK 3.52
Transaction Features: Rights Offering Annuncio • Mar 25
SaltX Technology Holding AB (publ), Annual General Meeting, Apr 25, 2025 SaltX Technology Holding AB (publ), Annual General Meeting, Apr 25, 2025, at 15:00 W. Europe Standard Time. Location: vastertorpsvagen 135, se-129 44 hagersten, Sweden Annuncio • Dec 30
SaltX Technology Holding AB Announces Transition of Lina Jorheden from Acting CEO to CEO, Effective January 1, 2025 The SaltX Technology Board of Directors announced that Lina Jorheden, the company's acting CEO, will transition to the role of CEO effective January 1, 2025. Since taking on the role of acting CEO on August 26, 2024, Lina has successfully led the company through a critical phase of technological development and preparatory work for commercialization. Under Lina's leadership, the company has strengthened its position as a leading player in transitioning emission-intensive industries. During this period, Lina has also earned the trust and confidence of shareholders, employees, and partners. Lina Jorheden joined SaltX Technology as COO in May 2023 and transitioned to acting CEO in August 2024, following the departure of the company's former CEO, Carl-Johan Linér. New Risk • Nov 11
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 German 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 Less than 1 year of cash runway based on free cash flow trend (-kr96m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (kr51m revenue, or US$4.7m). Market cap is less than US$100m (€49.7m market cap, or US$52.9m). New Risk • Nov 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Less than 1 year of cash runway based on free cash flow trend (-kr96m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (kr51m revenue, or US$4.8m). Market cap is less than US$100m (€53.7m market cap, or US$58.7m). Reported Earnings • Nov 03
Third quarter 2024 earnings released: kr0.12 loss per share (vs kr0.088 loss in 3Q 2023) Third quarter 2024 results: kr0.12 loss per share (further deteriorated from kr0.088 loss in 3Q 2023). Revenue: kr2.47m (down 93% from 3Q 2023). Net loss: kr22.0m (loss widened 77% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Oct 07
SaltX Receives A Grant of SEK 12.5 from the Swedish Energy Agency for Further Development of Emission-Free Cement Technology The Swedish Energy Agency has granted SaltX Technology funding for the project Demonstration of new electric kiln technology at industrial scale to enable emission-free cement production. SaltX has previously received grants from the agency to conduct material tests and optimize the electric production of quicklime at its test and research facility (ECRC) in Hofors, Sweden. Now, a new grant has been awarded to the company to carry out the necessary adaptations and tests to apply the technology for cement production, an industry estimated to contribute about 8% of global carbon dioxide emissions. SaltX's electrification technology has attracted significant interest from the cement and construction industries. The grant is awarded under the pilot and demonstration program. It will primarily be used to validate and evaluate SaltX's electrification technology to produce fossil fuel- and carbon dioxide-free cement. The grant constitutes partial funding for the work that is planned to begin in March 2025 at the company's test and research facility, ECRC, in Hofors, Sweden. Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: kr0.03 (vs kr0.10 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.03 (up from kr0.10 loss in 2Q 2023). Revenue: kr31.4m (up 83% from 2Q 2023). Net income: kr4.58m (up kr17.2m from 2Q 2023). Profit margin: 15% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annuncio • Aug 12
Saltx Technology Holding AB (Publ) Announces CEO Changes Effective August 26, 2024 SaltX Technology Holding AB (publ) announced resignation of Carl-Johan Linér as CEO on August 26. The company's COO, Lina Jorheden, will take on the role of acting CEO until further notice. As the company enters a phase of continued commercialization, particularly in collaboration with SMA Mineral AB, the board has concluded that it is the right time for a CEO change. Due to internal succession, Lina Jorheden, who has served as the company's COO since May 2023, is the natural choice for the position. Recent Insider Transactions • Jul 18
Chief Executive Officer recently sold €65k worth of stock On the 15th of July, Carl-Johan Liner sold around 150k shares on-market at roughly €0.43 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Carl-Johan has been a net seller over the last 12 months, reducing personal holdings by €53k. Annuncio • May 05
SaltX Technology Holding AB (publ) to Report Fiscal Year 2024 Results on Feb 21, 2025 SaltX Technology Holding AB (publ) announced that they will report fiscal year 2024 results on Feb 21, 2025 Reported Earnings • May 03
First quarter 2024 earnings released: kr0.14 loss per share (vs kr0.093 loss in 1Q 2023) First quarter 2024 results: kr0.14 loss per share (further deteriorated from kr0.093 loss in 1Q 2023). Revenue: kr19.1m (up 125% from 1Q 2023). Net loss: kr22.8m (loss widened 101% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Board Change • May 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Staffan Andersson is the most experienced director on the board, commencing their role in 2019. Independent Director Per Boden was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Apr 26
SaltX Technology Holding AB (publ) Approves Board Elections SaltX Technology Holding AB (publ) at its AGM held on April 25, 2024 approved election of Tobias Elmquist, Björn Jonsson, Andreas Nordbrandt and Karin van der Salm as Board members for the period until the end of the next Annual General Meeting. It was resolved to new election of Andreas Nordbrandt as Chairman of the Board. Annuncio • Mar 27
SaltX Technology Holding AB (publ) Reports Positive Results from its Test and Research Center SaltX Technology announced that shortly after the grand opening of SaltX Technology's test and research center (ECRC) for electrical production of lime products such as quicklime and cement in November last year, the company's first testing period started. The period's objectives were commissioning the facility, fine-tuning technology and support systems, and initiating material tests. The first testing period shows positive results. During the next testing period, more material tests will be conducted with the expectation of reaching industrial standards. SaltX has rapidly built and commissioned its unique test and research center for electric calcination (ECRC). During the initial testing period, the company ensured commissioning and overall functionality and initiated material tests. During the extensive test period, large amounts of data were collected and analyzed regarding optimization of operating temperature, material flow, and degree of calcination. During this period, the company has systematically implemented several improvement actions to ensure the facility's functionality, operational reliability, and efficiency. For the upcoming testing period, the company will activate more actions and fine-tuning to secure overall functionality and conduct more extensive material tests over longer periods of time. The goal of these measures is to achieve the industrial standard demanded in terms of material quality. Annuncio • Mar 21
Saltx Technology Holding AB (Publ) Announces Board Resignations SaltX Technology Holding AB (publ) announced that the current Board members, Åke Sund (Chairman of the Board), Tony Grimaldi, Hans Holmström, and Elin Lydahl, have declined re-election. Recent Insider Transactions • Mar 20
Chief Commercial Officer recently bought €9.5k worth of stock On the 11th of March, Eric Jacobson bought around 37k shares on-market at roughly €0.26 per share. This transaction amounted to 33% 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 €43k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
Full year 2023 earnings released: kr0.37 loss per share (vs kr0.53 loss in FY 2022) Full year 2023 results: kr0.37 loss per share (improved from kr0.53 loss in FY 2022). Revenue: kr101.8m (up kr101.2m from FY 2022). Net loss: kr48.8m (loss narrowed 17% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Annuncio • Jan 31
SaltX Technology Receives an EU Patent for its Transportable Carbon Dioxide Capture and Storage System SaltX Technology has been granted an EU patent for an electrified so-called 'calcium looping' solution where the company's innovation EAC (Electric Arc Calciner) forms a central function. The method means that carbon dioxide is captured from an emitter and bound with the help of lime and then transported to a central facility where the carbon dioxide is separated using the EAC technology. The method also uses excess energy created during the capture process in the system, which reduces the total energy consumption for the process. Combined with the fact that the separation of CO2 does not need to take place at the capture site, it creates the conditions for a very cost- and energy-efficient solution for the end customer. The solution means that industries do not need to make a significant investment of their own for CO2 separation and storage systems, which is a barrier to the increased implementation for industries. Annuncio • Jan 09
SaltX Technology Holding AB (publ), Annual General Meeting, Apr 25, 2024 SaltX Technology Holding AB (publ), Annual General Meeting, Apr 25, 2024, at 15:00 Central European Standard Time. Annuncio • Sep 28
SaltX Technology Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 69.028328 million. SaltX Technology Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 69.028328 million.
Security Name: Class B Shares
Security Type: Common Stock
Securities Offered: 36,330,699
Price\Range: SEK 1.9
Transaction Features: Rights Offering New Risk • Sep 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% 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 (-kr59m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Minor Risks Revenue is less than US$5m (kr26m revenue, or US$2.4m). Market cap is less than US$100m (€28.9m market cap, or US$30.6m). Reported Earnings • Feb 18
Full year 2022 earnings released: kr0.53 loss per share (vs kr0.39 loss in FY 2021) Full year 2022 results: kr0.53 loss per share (further deteriorated from kr0.39 loss in FY 2021). Net loss: kr59.1m (loss widened 54% from FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Feb 16
SaltX Technology Holding AB (publ) to Report Fiscal Year 2023 Results on Feb 16, 2024 SaltX Technology Holding AB (publ) announced that they will report fiscal year 2023 results on Feb 16, 2024 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. 7 non-independent directors. Director Per Boden 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 • Nov 07
Third quarter 2022 earnings released: kr0.09 loss per share (vs kr0.05 loss in 3Q 2021) Third quarter 2022 results: kr0.09 loss per share (further deteriorated from kr0.05 loss in 3Q 2021). Net loss: kr10.5m (loss widened 97% from 3Q 2021). 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 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: kr0.16 loss per share (vs kr0.08 loss in 2Q 2021) Second quarter 2022 results: kr0.16 loss per share (down from kr0.08 loss in 2Q 2021). Net loss: kr16.2m (loss widened 100% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 24
SaltX Technology Holding Elects Per Bodén as Board Member SaltX Technology Holding AB (publ) was resolved on the new election of Per Bodén as Board members for the period until the end of the next annual general meeting, at its extraordinary general meeting held on August 23, 2022. Annuncio • Jun 03
SaltX Technology Announces Successful and Verified Results for Electric- and Climate-Neutral Cement Production SaltX Technology announced successful and verified results for electric- and climate-neutral cement production. The cement industry is one of the largest carbon dioxide emitters globally, accounting for about 7 percent of the world's total emissions. To be able to meet the global climate goals of reducing carbon dioxide emissions, the cement industry needs to shift its production to renewable energy and eliminate carbon dioxide emissions in the manufacturing process. This technology solves both challenges. The technological innovation called Electric Arc Calciner (EAC) electrifies cement production with renewable energy, and the carbon dioxide released during the manufacturing process comes out as a byproduct - ready for sequestration. This means that the process is very energy efficient compared to other technologies where the CO2 must be captured in a new separate process. The verified test results are a breakthrough that marks the start of the climate-neutral production of Portland cement clinker, the main ingredient in the most common type of cement and one of the world's most widely used building materials. The process has been tested in SaltX 300 kW pilot plant. The company will now continue the development of the technology and optimize the process to achieve an industrial-scale and homogeneous production of Portland cement clinker. The initiative has received positive reactions from the construction industry, where "green cement" has a major impact potential on the industry’s targets to significantly reduce carbon dioxide emissions. Reported Earnings • May 08
First quarter 2022 earnings released: kr0.14 loss per share (vs kr0.11 loss in 1Q 2021) First quarter 2022 results: kr0.14 loss per share (down from kr0.11 loss in 1Q 2021). Revenue: kr484.0k (down 90% from 1Q 2021). Net loss: kr14.3m (loss widened 51% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 22% 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. 6 non-independent directors. Director Hans Holmström was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 22
SaltX Technology Holding AB Appoints Stefan Krafft as Head of Marketing SaltX Technology has recruited Stefan Krafft as Head of Marketing. With over 12 years of experience in building marketing functions for several tech startups and scaleups, his new assignment is to shape the SaltX brand as a frontrunner within innovative energy storage. The transition from fossil to renewable energy is one of the most important challenges of time. To make this crucial shift happen, company need new, innovative solutions for storing renewable energy to make it as plannable as fossil fuels. In his new role as Head of Marketing, Stefan's main responsibility will be to build an efficient and scalable marketing function that drives demand and establishes SaltX as one of the leading energy storage brands in the world. Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.39 loss per share (up from kr0.41 loss in FY 2020). Revenue: kr19.5m (up kr16.6m from FY 2020). Net loss: kr38.3m (loss widened 5.8% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Third quarter 2021 earnings released: kr0.05 loss per share (vs kr0.11 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr7.89m (up kr7.88m from 3Q 2020). Net loss: kr5.33m (loss narrowed 43% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 21
Second quarter 2021 earnings released: kr0.08 loss per share (vs kr0.09 loss in 2Q 2020) Second quarter 2021 results: Net loss: kr8.10m (flat on 2Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
First quarter 2021 earnings released: kr0.11 loss per share (vs kr0.12 loss in 1Q 2020) First quarter 2021 results: Net loss: kr9.46m (loss narrowed 6.9% from 1Q 2020). Reported Earnings • Mar 30
Full year 2020 earnings released: kr0.41 loss per share (vs kr1.22 loss in FY 2019) Full year 2020 results: Net loss: kr36.2m (loss narrowed 59% from FY 2019). Annuncio • Mar 01
SaltX Technology Enters New Partnership with the Calix Limited to Scale Up and Optimize the Charging Reactor SaltX Technology entered a partnership agreement with the Calix Limited that develops pioneering technology for calcination processes. Together, the companies are now developing a charging reactor to optimize SaltX energy storage solution with new scalable technology to fit SaltX core technology and nanocoated salt. The reactor will be installed at SaltX current pilot in Stockholm and a complete optimized storage solution will be possible to test and validate during 2021. Calix now joins SaltX in the development of SaltX current pilot in Stockholm and will provide the energy storage solution with a charging reactor. The new 200kW charging reactor is based on the design of Calix cutting-edge electrical flash calciner technology. The reactor will be adapted and optimized for charging SaltX nanocoated salt. Initial testing of the nanocoated salt has already been carried out at Calix lab facility with promising results. The installation of the charging reactor will take place during the summer of 2021 and thereafter the pilot will be a complete system with both a discharging and charging reactor. The intention of the collaboration is to scale the technology further in a second phase. Reported Earnings • Feb 18
Full year 2020 earnings released: kr0.41 loss per share (vs kr1.22 loss in FY 2019) Full year 2020 results: Net loss: kr36.2m (loss narrowed 59% from FY 2019). Is New 90 Day High Low • Jan 08
New 90-day high: €0.62 The company is up 77% from its price of €0.35 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: €0.42 The company is up 14% from its price of €0.37 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 14% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: kr0.11 loss per share Third quarter 2020 results: Net loss: kr9.37m (loss widened 24% from 3Q 2019). Is New 90 Day High Low • Oct 21
New 90-day low: €0.31 The company is down 19% from its price of €0.39 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: €0.34 The company is down 4.0% from its price of €0.35 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 10.0% over the same period. 
