Reported Earnings • Jul 21
Second quarter 2026 earnings released: EPS: kr0.07 (vs kr0.22 loss in 2Q 2025) Second quarter 2026 results: EPS: kr0.07 (up from kr0.22 loss in 2Q 2025). Revenue: kr677.4m (up 26% from 2Q 2025). Net income: kr15.4m (up kr68.8m from 2Q 2025). Profit margin: 2.3% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Revenue is expected to fall by 23% p.a. on average during the next 3 years compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Annuncio • May 22
K-Fast Holding AB (Publ) Elects Board Members K-Fast Holding AB (publ) at its AGM, held on 20 May 2026, elected Jacob Karlsson and Andreas Lenander as new member of the Board. Board Change • May 20
Less than half of directors are independent 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. 2 independent directors (4 non-independent directors). Independent Director Ulf Johansson was the last independent 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: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 15
K-Fast Holding AB (publ), Annual General Meeting, May 20, 2026 K-Fast Holding AB (publ), Annual General Meeting, May 20, 2026, at 16:00 W. Europe Standard Time. Location: hotel statt hassleholm, frykholmsgatan 13, hassleholm, Sweden Annuncio • Oct 02
K-Fast Holding AB (Publ) Announces Executive Changes K-Fast Holding AB has appointed Anders Antonsson as Head of IR and Communications. Anders Antonsson will assume his position on October 1, 2025 and he succeeds Johan Hammarqvist, who is leaving for other assignments at the beginning of 2026. Anders Antonsson was IR manager for K-Fastigheter in connection with the IPO of K-Fastigheter and he has solid experience from various leading roles in both IR, communications and change management and is well-established in the company's operations and strategy. Annuncio • Jun 06
An undisclosed buyer signed a letter of intent to acquire Property portfolio under management and construction in the Gothenburg area. from K-Fast Holding AB (publ) (OM:KFAST B) for SEK 1.9 billion. An undisclosed buyer signed a letter of intent to acquire Property portfolio under management and construction in the Gothenburg area. from K-Fast Holding AB (publ) (OM:KFAST B) for SEK 1.9 billion on June 5, 2025. The sales process with technical and economical due diligence is progressing and, subject to the parties entering a binding agreement. The liquidity contribution will be used to strengthen the balance sheet and to enable construction starts. The transfer of the properties under management is expected during the third quarter of 2025. Annuncio • Apr 21
K-Fast Holding AB (publ), Annual General Meeting, May 21, 2025 K-Fast Holding AB (publ), Annual General Meeting, May 21, 2025, at 17:00 W. Europe Standard Time. Location: at hotel statt hassleholm, frykholmsgatan 13, hassleholm, Sweden Annuncio • Mar 20
K-Fast Holding AB (Publ) Announces Management Changes K-Fast Holding AB (publ) announced changes in the Group management and working methods as of April 1, 2025. Eric Johansson at his own request has chosen to leave his roll as Head of business area Building and thereby the Group management. Eric Johansson will remain in the Group in another role until August 31, 2025. Niclas Bagler will be acting as Head of business area Building while recruitment of a new Head of business area building is ongoing. Reported Earnings • Oct 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr289.9m (up 15% from 3Q 2023). Net loss: kr100.6m (loss narrowed 14% from 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: kr0.20 (vs kr0.35 in 2Q 2023) Second quarter 2024 results: EPS: kr0.20 (down from kr0.35 in 2Q 2023). Revenue: kr298.7m (down 3.4% from 2Q 2023). Net income: kr52.5m (down 30% from 2Q 2023). Profit margin: 18% (down from 24% in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Annuncio • Apr 30
K-Fast Holding AB Hires Niclas Bagler as Deputy CEO, Effective June 1, 2024 K-Fast Holding AB hired Niclas Bagler to be responsible for the new business segment Construction. Construction contains the business areas Project Development, Prefab and Building. Niclas Bagler will assume his position as Deputy CEO of the Group with responsibility for Construction on June 1, 2024, and will from the same date become a member of the Group´s management team. K-Fastigheter has presented a new strategy and Business plan for 2024-2028. In the new Business plan there is a shift from having built only for own property management to also sell completed housing properties, with base in the Groups concept houses, to external customers. Niclas Bagler will have responsibility for Business segment Construction and the external business. The division into the business segments Construction and Property Management is done to clarify the values created in the Construction section of the Group. Niclas Bagler has long experience from the construction and real estate sector with several different positions within BoKlok and Skanska. Most recently he comes from a position as Deputy CEO and country manager Sweden with BoKlok. Reported Earnings • Apr 26
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr232.0m (down 21% from 1Q 2023). Net income: kr35.5m (up kr231.3m from 1Q 2023). Profit margin: 15% (up from net loss in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 20
Director recently sold €245k worth of stock On the 18th of March, Jesper Martensson sold around 150k shares on-market at roughly €1.63 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €123k more than they bought in the last 12 months. Annuncio • Mar 09
An unknown buyer entered into a letter of intent to acquire Property portfolio in Denmark from K-Fast Holding AB (publ) (OM:KFAST B). An unknown buyer entered into a letter of intent to acquire Property portfolio in Denmark from K-Fast Holding AB (publ) (OM:KFAST B) on March 7, 2024. The transaction is subject to the parties entering a binding agreement. The transfer of the properties is expected during the second quarter of 2024. Reported Earnings • Feb 18
Full year 2023 earnings released: kr1.80 loss per share (vs kr4.21 profit in FY 2022) Full year 2023 results: kr1.80 loss per share (down from kr4.21 profit in FY 2022). Revenue: kr1.12b (down 20% from FY 2022). Net loss: kr398.1m (down 144% from profit in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Annuncio • Nov 15
K-Fast Holding AB Announces Nomination Committee for the 2024 Annual General Meeting The Nomination Committee for the 2024 Annual General Meeting consists of Stefan Alvarsson, Chairman of the Nomination committee, representing Jacob Karlsson AB, Sharam Rahi, representing Erik Selin Fastigheter Aktiebolag, Olof Nyström, representing Fjärde AP-Fonden and Erik Selin, Chairman of K-Fast Holding AB. The term of the Nomination committee extends until the next Nomination committee has been appointed. On 30 September 2023, the shareholders who appointed members to the Nomination committee jointly represented approximately 78.0% of the outstanding votes in K-Fast Holding AB. The Nomination committee's task is to present proposals to the Annual General Meeting 2024 regarding the number of Board members to be elected by the AGM, composition of the Board, Chairman of the Board, Board fees, auditors and Auditor's fees and Chairman of the AGM. Reported Earnings • Nov 13
Third quarter 2023 earnings released: kr0.50 loss per share (vs kr0.54 profit in 3Q 2022) Third quarter 2023 results: kr0.50 loss per share (down from kr0.54 profit in 3Q 2022). Revenue: kr251.2m (down 19% from 3Q 2022). Net loss: kr117.5m (down 202% from profit in 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.19, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Real Estate industry in Germany. Total loss to shareholders of 45% over the past year. Annuncio • Nov 02
K-Fast Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 331.2 million. K-Fast Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 331.2 million.
Security Name: B Shares
Security Type: Common Stock
Securities Offered: 18,180,000
Price\Range: SEK 13.8
Security Name: B Shares
Security Type: Common Stock
Securities Offered: 5,820,000
Price\Range: SEK 13.8
Transaction Features: Subsequent Direct Listing New Risk • Oct 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 99% 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 (1.5x net interest cover). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Shareholders have been diluted in the past year (8.4% increase in shares outstanding). New Risk • Oct 01
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 8.6% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €1.18, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 5x in the Real Estate industry in Germany. Total loss to shareholders of 35% over the past year. Board Change • Sep 01
Less than half of directors are independent 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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent Director Ulf Johansson was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: kr0.35 (vs kr1.72 in 2Q 2022) Second quarter 2023 results: EPS: kr0.35 (down from kr1.72 in 2Q 2022). Revenue: kr309.1m (down 23% from 2Q 2022). Net income: kr74.5m (down 80% from 2Q 2022). Profit margin: 24% (down from 92% in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Board Change • May 17
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. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 04
K-Fast Holding AB (Publ) Announces Executive Appointments K-Fast Holding AB (publ) announced that Leif Astikainen has been appointed Chief Operating Officer (COO). The position as COO of the Group is new. Henrik Gustafsson has been appointed Chief Procurement Officer (CPO). In his role as Chief Operating Officer, Leif Astikainen will coordinate the various functions in the Group in order to make the best use of each employee's skills. In addition, Leif Astikainen will continue to develop the organization in order to implement the Group's business strategy. Leif Astikainen has been Deputy CEO of the subsidiary K-Prefab where he has worked since 2004 and HR manager int the Group since 2021. Leif Astikainen is since before member of the Group management and his previous area of responsibility will be a part of his new assignment. Henrik Gustafsson takes up a new position as Chief Procurement Officer with responsibility for procurement in the entire Group. Every year the Group makes large procurements for the prefab and construction operations as well as the property management. Through efficient procurement and further coordination, there are opportunities to use the entire organization's knowledge in order to reduce costs. Henrik Gustafsson has been Chief Procurement Officer and member of the management team for the subsidiary K-Prefab where he has worked since 2017. Henrik Gustafsson will become a member of the Group management. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €1.94, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 65% over the past year. Recent Insider Transactions • Mar 04
Independent Director recently bought €292k worth of stock On the 28th of February, Sara Mindus bought around 125k shares on-market at roughly €2.33 per share. This transaction amounted to 7.4% 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 €569k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: kr4.21 (vs kr4.85 in FY 2021) Full year 2022 results: EPS: kr4.21 (down from kr4.85 in FY 2021). Revenue: kr1.41b (up 10% from FY 2021). Net income: kr907.4m (down 13% from FY 2021). Profit margin: 65% (down from 82% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. 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. 5 experienced directors. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 25% share price gain to €2.80, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Real Estate industry in Germany. Total loss to shareholders of 56% over the past year. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to €2.22, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Real Estate industry in Germany. Total loss to shareholders of 71% over the past year. Annuncio • Nov 26
K-Fast Holding AB (publ) Announces Nomination Committee for the 2023 Annual General Meeting The Nomation n committee for the 2023 Annual General Meeting of K-Fast Holding AB (publ) has been appointed. According to the instructions for the Nomination committee adopted at K -Fast Holding AB (publ)'s Extraordinary General Meeting on 19 August 2019, the Nomination committee shall consist of four members representing the three largest shareholders in terms of number of votes as of 30 September, together with the Chairman of the Board. If a shareholder, who is entitled to appoint a representative to the Nomination committee, abstains from appointing a representative, the right to appoint a representative shall pass to the largest shareholder who was previously not entitled to appoint a representative to the Nomination committee. The Nomination Committee for the 2023 Annual General Meeting consists of Stefan Alvarsson, Chairman of the Nomination committee, representing Jacob Karlsson AB, Sharam Rahi, representing Erik Selin Fastigheter Aktiebolag, Johannes Wingborg, representing Länsförsäkringar Fondförvaltning AB (publ) and Erik Selin, Chairman of K-Fast Holding AB. The term of the Nomination committee extends until the next Nomination committee has been appointed. On 30 September 2022, the shareholders who appointed members to the Nomination committee jointly represented approximately 82.0% of the outstanding votes in K-Fast Holding AB. The Nomination committee's task is to present proposals to the Annual General Meeting 2023 regarding the number of Board members to be elected by the AGM, composition of the Board, Chairman of the Board, Board fees, auditors and Auditor's fees and Chairman of the AGM. Board Change • Nov 23
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. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 23% share price gain to €2.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 18% share price gain to €1.87, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 75% over the past year. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.68, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 76% over the past year. Annuncio • Aug 13
K-Fast Holding AB (publ), Annual General Meeting, May 11, 2023 K-Fast Holding AB (publ), Annual General Meeting, May 11, 2023. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 18% share price gain to €2.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 67% over the past year. Recent Insider Transactions • Jun 10
Independent Director recently bought €159k worth of stock On the 2nd of June, Sara Mindus bought around 50k shares on-market at roughly €3.18 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €877k more in shares than they bought in the last 12 months. Annuncio • Jun 10
K-Fastigheter Appoints Jimmy Fröberg as Head of Group Accounting, Effective September 5, 2022 K-Fast Holding AB ("K-Fastigheter") has hired Jimmy Fröberg to a new position as Head of Group Accounting. Jimmy Fröberg will take up his position on September 5th, 2022, and become a member of the Group´s management team. Most recently Jimmy Fröberg comes from a position as Group Accounting Manager at Stena Fastigheter. Prior to that he has worked as a Certified Public Accountant at PWC and as Group Financial Controller at Serneke. Jimmy Fröberg will be a part of the Group´s management team from his appointment on September 5th, 2022. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €2.95, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Real Estate industry in Germany. Total loss to shareholders of 49% over the past year. Board Change • Jun 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. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 13
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. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 06
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr352.3m (up 22% from 1Q 2021). Net income: kr328.2m (up 95% from 1Q 2021). Profit margin: 93% (up from 58% in 1Q 2021). Over the next year, revenue is forecast to grow 5.9% compared to a 32% decline forecast for the industry in Germany. Board Change • May 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. 5 experienced directors. 1 highly experienced director. Independent Director Ulf Johansson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 09
K-Prefab AB Appoints Stefan Paulsson as Head of K-Fastigheter's Business Area Prefab for the Period 11 April to 31 December 2022 The Board of K-Prefab AB has appointed Stefan Paulsson, Deputy CEO and Chief Operating Officer of K-Prefab as head of K-Fastigheter's business area Prefab for the period 11 April to 31 December 2022. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: kr4.85 (up from kr2.29 in FY 2020). Revenue: kr1.25b (up 475% from FY 2020). Net income: kr1.04b (up 120% from FY 2020). Profit margin: 83% (down from 218% in FY 2020). Revenue missed analyst estimates by 77%. Over the next year, revenue is forecast to grow 4.7% compared to a 25% decline forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €6.36, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 9x in the Real Estate industry in Germany. Annuncio • Dec 28
K-Fast Holding AB (publ) (OM:KFAST B) entered into an agreement to acquire Christianstads Fastighets AB. K-Fast Holding AB (publ) (OM:KFAST B) entered into an agreement to acquire Christianstads Fastighets AB on December 27, 2021. Recent Insider Transactions • Nov 14
Independent Director recently sold €1.0m worth of stock On the 12th of November, Jesper Mårtensson sold around 125k shares on-market at roughly €8.39 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Reported Earnings • Nov 13
Third quarter 2021 earnings released Third quarter 2021 results: Revenue: kr276.4m (up 432% from 3Q 2020). Net income: kr311.5m (up 213% from 3Q 2020). Reported Earnings • Aug 01
Second quarter 2021 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: kr336.4m (up 480% from 2Q 2020). Net income: kr202.9m (up 82% from 2Q 2020). Profit margin: 60% (down from 193% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 19% share price gain to kr7.97, the stock trades at a forward P/E ratio of 78x. Average forward P/E is 12x in the Real Estate industry in Germany. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 17% share price gain to kr7.27, the stock trades at a forward P/E ratio of 68x. Average forward P/E is 12x in the Real Estate industry in Germany. Recent Insider Transactions • Jun 19
Independent Director recently bought €13k worth of stock On the 11th of June, Jesper Mårtensson bought around 2k shares on-market at roughly €6.55 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €209k more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 1,118% share price gain to kr69.00, the stock trades at a forward P/E ratio of 62x. Average forward P/E is 12x in the Real Estate industry in Germany. Recent Insider Transactions • May 22
HR Manager recently sold €102k worth of stock On the 17th of May, Ola Richard sold around 3k shares on-market at roughly €34.05 per share. In the last 3 months, they made an even bigger sale worth €120k. Insiders have been net sellers, collectively disposing of €222k more than they bought in the last 12 months. Recent Insider Transactions • May 11
HR Manager recently sold €120k worth of stock On the 7th of May, Ola Richard sold around 4k shares on-market at roughly €30.04 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 09
First quarter 2021 earnings released The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: kr286.6m (up 450% from 1Q 2020). Net income: kr168.2m (up 82% from 1Q 2020). Profit margin: 59% (down from 177% in 1Q 2020). 
