Annuncio • Jan 02
Adevinta AS announced that it has received funding from General Atlantic Service Company, L.P. Adevinta AS announced that it has received funds in a round of funding in 2024. The transaction included participation from new investor General Atlantic Service Company, L.P. Annuncio • Jun 06
Oslo Børs to Delist A-Shares of Adevinta Effective June 05 Oslo Børs has decided to delist the A-shares of Adevinta AS from trading on Oslo Børs. Pursuant to Rule Book II section 2.11.2 (3), Oslo Børs has on 4 June2024 made the following resolution: "The A-shares in Adevinta ASA will be delisted from the Oslo Stock Exchange as of the 5 June 2024. The last day of trading will be 4 June 2024. Annuncio • May 31
Adevinta ASA Approves the Election of Board of Directors Adevinta ASA approved the election of Felicity Guttormsen, chairperson and Trude Kvaløyseter to the board of directors, at the EGM held on May 30, 2024. Annuncio • Mar 06
Adevinta ASA to Report Q1, 2024 Results on May 30, 2024 Adevinta ASA announced that they will report Q1, 2024 results on May 30, 2024 Breakeven Date Change • Jan 01
Forecast breakeven date pushed back to 2024 The 15 analysts covering Adevinta previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of €303.1m in 2024. Average annual earnings growth of 110% is required to achieve expected profit on schedule. Annuncio • Nov 22
Adevinta ASA Provides Earnings Guidance for the Year 2023 Adevinta ASA provided earnings guidance for the year 2023. For the year, the company expects double digit core markets revenue growth. Annuncio • Sep 22
Adevinta Confirms Acquisition Proposal from Blackstone-Permira Consortium Adevinta ASA (OB:ADE), backed by eBay Inc. (NasdaqGS:EBAY), said on September 21, 2023 it has received a proposal from a consortium led by Permira Advisers Ltd. and Blackstone Inc. (NYSE:BX) regarding a potential offer to acquire the company. The discussions are at an early stage and there can be no certainty as to whether a final offer will be made, Oslo-based Adevinta said. Bloomberg News earlier reported that Blackstone and Permira are exploring a potential acquisition of Adevinta. Annuncio • Sep 15
Ingatlan.com acquired Hungarian online classifieds businesses from Adevinta ASA (OB:ADE). Ingatlan.com acquired Hungarian online classifieds businesses from Adevinta ASA (OB:ADE) on September 14, 2023.
Ingatlan.com completed the acquisition of Hungarian online classifieds businesses from Adevinta ASA (OB:ADE) on September 14, 2023. Reported Earnings • Sep 02
Second quarter 2023 earnings released: EPS: €0.04 (vs €0.008 in 2Q 2022) Second quarter 2023 results: EPS: €0.04 (up from €0.008 in 2Q 2022). Revenue: €465.0m (up 12% from 2Q 2022). Net income: €45.0m (up 350% from 2Q 2022). Profit margin: 9.7% (up from 2.4% in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Annuncio • Sep 01
Adevinta ASA Provides Earnings Guidance for the Year 2023 Adevinta ASA provided earnings guidance for the year 2023. For the year, the company expects double digit core markets revenue growth. Board Change • Jul 13
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Julie Simpson was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 27
Adevinta ASA Announces Chief Financial Officer Changes Adevinta ASA announced the appointment of Elisabeth Peyraube as Chief Financial Officer (CFO), effective September 2023. Elisabeth is currently CFO and deputy CEO at video media company Brut. Prior to that, Elisabeth was the CFO and Chief Operating Officer, EMEA & APAC, at Match Group. She will succeed Uvashni Raman, who in February 2023 announced her intention to step down. Uvashni Raman will work closely with Peyraube to ensure a smooth transition. Annuncio • Jun 02
Adevinta ASA Announces Board and Committee Changes Adevinta ASA (ADE) announced that Julie Simpson, eBay’s Vice President, Head of Internal Audit and Chief Audit Executive has been appointed by eBay to join Adevinta’s Board of Directors, effective immediately. She will replace eBay Chief Legal Officer Marie Oh Huber as a Board member. At eBay, Julie Simpson oversees three critical risk management and control functions: Internal Audit, Sarbanes-Oxley and Enterprise Risk Management, as well several of eBay’s finance leadership development programmes. Ms. Simpson also serves on the Board of the eBay Foundation. Ms. Huber will continue to serve in her capacity as SVP, Chief Legal Officer, General Counsel and Secretary of eBay Inc. Julie Simpson will also join the Audit and Risk Committee, replacing Mark Solomons, while Mr. Solomons will replace Marie Oh Huber on the Remuneration committee. Prior to joining eBay, Julie Simpson has spent approximately twenty years in a variety of risk, controls, accounting and finance management roles at Yahoo!, PayPal, Visto, and 3Com. She started her career at Arthur Andersen, a public accounting firm, working in the Los Angeles and San Jose, California offices. She has a Bachelor of Arts in Economics with an emphasis in Accounting from the University of California, Santa Barbara and is a licensed Certified Public Accountant. Reported Earnings • May 24
First quarter 2023 earnings released First quarter 2023 results: Revenue: €435.0m (up 12% from 1Q 2022). Net income: €19.0m (down 74% from 1Q 2022). Profit margin: 4.4% (down from 19% in 1Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Board Change • Apr 18
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Board Change • Mar 28
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Board Change • Mar 04
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Board Change • Feb 10
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Recent Insider Transactions • Jan 12
Director recently bought kr2.1m worth of stock On the 10th of January, Michael Nilles bought around 30k shares on-market at roughly kr71.21 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 kr3.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 15
Independent Director recently bought kr133k worth of stock On the 9th of December, Peter Brooks-Johnson bought around 2k shares on-market at roughly kr68.82 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 kr1.6m more in shares than they have sold in the last 12 months. Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: €0.04 loss per share. Revenue: €408.0m (up 5.7% from 3Q 2021). Net loss: €52.0m (flat on 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Annuncio • Nov 25
Adevinta ASA to Report Q2, 2023 Results on Aug 31, 2023 Adevinta ASA announced that they will report Q2, 2023 results on Aug 31, 2023 Board Change • Nov 18
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to kr63.70, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 37% over the past three years. Reported Earnings • Aug 31
Second quarter 2022 earnings released: €0.01 loss per share (vs €0.06 loss in 2Q 2021) Second quarter 2022 results: €0.01 loss per share (up from €0.06 loss in 2Q 2021). Revenue: €417.0m (up 116% from 2Q 2021). Net income: €10.0m (up €53.0m from 2Q 2021). Profit margin: 2.4% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Board Change • Aug 25
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. Board Change • Jul 29
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Orla Noonan 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. Lack of board continuity. 
