Annuncio • Aug 27
Everysport Group AB to be Delisted from Spotlight Stock Market, Last Day of Trading to be September 9, 2025 On August 26, 2025, Spotlight Stock Market has informed Everysport Group AB (publ) (‘Everysport’ or the ‘Company’) that the Company's application for delisting of its shares has been approved in accordance with Spotlight's Rulebook section 6.3. The last day of trading in the Company's shares will be September 9, 2025. On August 25, 2025, Everysport announced that the Company's Board of Directors had applied for delisting of the shares from Spotlight Stock Market at the request of Vorward Partners AB, which had acquired more than 90% of all shares in Everysport through its public takeover offer. Spotlight Stock Market has now approved the delisting application. The last day of trading in the Company's shares will be September 9, 2025. Reported Earnings • Jul 25
Second quarter 2025 earnings released: kr0.56 loss per share (vs kr0.08 loss in 2Q 2024) Second quarter 2025 results: kr0.56 loss per share (further deteriorated from kr0.08 loss in 2Q 2024). Revenue: kr20.5m (down 8.9% from 2Q 2024). Net loss: kr3.49m (loss widened kr2.98m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 25
Everysport Group AB (publ) to Report Q2, 2025 Results on Jul 24, 2025 Everysport Group AB (publ) announced that they will report Q2, 2025 results on Jul 24, 2025 New Risk • Jun 17
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 10% 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 (-kr25m free cash flow). Earnings have declined by 3.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (kr148.9m market cap, or US$15.6m). New Risk • Apr 25
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: -kr25m 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 (-kr25m free cash flow). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr119.5m market cap, or US$12.3m). Reported Earnings • Apr 22
Full year 2024 earnings released: kr0.90 loss per share (vs kr1.02 profit in FY 2023) Full year 2024 results: kr0.90 loss per share (down from kr1.02 profit in FY 2023). Revenue: kr93.9m (down 37% from FY 2023). Net loss: kr5.63m (down 190% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annuncio • Mar 26
Everysport Group AB (publ) to Report Q1, 2025 Results on Apr 24, 2025 Everysport Group AB (publ) announced that they will report Q1, 2025 results on Apr 24, 2025 Board Change • Mar 10
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. Director Björn Ulvgården was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Dec 10
Everysport Group Changes Accounting Standard to K3 Everysport Group announced that the Board of Directors has decided to change the accounting standard from the international accounting standard IFRS to the Swedish K3 regulations. The preparatory work has been completed and the final step of the transition is underway in order to be able to present the year-end report for 2024 in accordance with K3. The changeover has a negative effect on earnings of SEK 6.5 million, which is due to the restatement of previous periods. Primarily, goodwill will be amortized on a straight-line basis over five years according to K3. The change in accounting standard is part of Everysport's strategic work to optimize resources and adapt the business to the current Group structure. Reported Earnings • Oct 25
Third quarter 2024 earnings released: kr0.077 loss per share (vs kr2.78 profit in 3Q 2023) Third quarter 2024 results: kr0.077 loss per share (down from kr2.78 profit in 3Q 2023). Revenue: kr20.4m (down 45% from 3Q 2023). Net loss: kr483.0k (down 103% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annuncio • Oct 18
Everysport Group AB (Publ) Announces Chief Financial Officer Changes Everysport Group AB announces that Lisa Villman, CFO, is stepping down at her own request. She will remain in her role until the end of the year to ensure an orderly transition. Jan Stensen has been appointed interim CFO and the company has initiated a recruitment process to find a permanent CFO. Jan Stensen has been appointed interim CFO of Everysport Group and will officially take up his new position on 1 January 2025. Prior to this, he will work in parallel with Lisa Villman during a transition period to ensure a smooth and orderly handover.Jan Stensen has a solid background in finance and has previously held several CFO and senior controller positions at well-known media companies, including Expressen, Bonnier News and Banijay. In recent years, he has specialized as interim CFO and founded his own company, CFX Consulting, which focuses on providing advisory and interim financial support to digital growth companies. Annuncio • Sep 25
Everysport Group AB (publ) to Report Q3, 2024 Results on Oct 24, 2024 Everysport Group AB (publ) announced that they will report Q3, 2024 results on Oct 24, 2024 New Risk • Sep 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 8.2% 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 High level of non-cash earnings (152% accrual ratio). Market cap is less than US$10m (kr101.7m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Jul 26
Second quarter 2024 earnings released: kr0.08 loss per share (vs kr1.64 loss in 2Q 2023) Second quarter 2024 results: kr0.08 loss per share (improved from kr1.64 loss in 2Q 2023). Revenue: kr22.6m (down 41% from 2Q 2023). Net loss: kr503.0k (loss narrowed 95% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. New Risk • Jun 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr104.2m (US$9.85m) 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 Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (kr104.2m market cap, or US$9.85m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Annuncio • Jun 26
Everysport Group AB (publ) to Report Q2, 2024 Results on Jul 25, 2024 Everysport Group AB (publ) announced that they will report Q2, 2024 results on Jul 25, 2024 Annuncio • May 18
Everysport Group AB (publ) Elects Björn Ulvgården as Member of the Board Everysport Group AB (publ) at its AGM held on May 16, 2024, Björn Ulvgården was elected as a new member of the board for the period until the next Annual General Meeting. Annuncio • May 16
Everysport Group AB (Publ) Appoints Carl Waldenor as Chief Commercial Officer and Member of the Group's Management Team Everysport Group AB (publ) announced the appointment of Carl Waldenor as its new Chief Commercial Officer (CCO) and member of the Group's management team. Carl has extensive experience as head of leading Swedish and international streaming services such as Discovery+ and TV4 Play, as well as the sports media site Fotbollskanalen. He commenced his new role on 13 May 2024. Carl Waldenor holds an MSc in Business Administration from Stockholm School of Economics and has more than a decade of experience in business development and marketing of well-known digital consumer products in the Nordic TV and streaming industry. Carl most recently worked at Warner Bros. Discovery (WBD), where he managed the Discovery+ streaming service in four countries and was part of the company's Nordic management team. He was also Head of Marketing in Sweden and responsible for WBD's Swedish digital business. Prior to that, he spent eight years at TV4, including as head of TV4 Play and Fotbollskanalen.Waldenor also has many years of experience working with sports in a commercial and digital context, including Allsvenskan in soccer, the SHL in ice hockey, the Tokyo and Beijing Olympics and the PGA Tour in golf. Reported Earnings • Apr 26
First quarter 2024 earnings released: kr0.15 loss per share (vs kr1.26 loss in 1Q 2023) First quarter 2024 results: kr0.15 loss per share (improved from kr1.26 loss in 1Q 2023). Revenue: kr32.8m (down 25% from 1Q 2023). Net loss: kr961.0k (loss narrowed 88% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Annuncio • Apr 17
Everysport Group AB (publ), Annual General Meeting, May 16, 2024 Everysport Group AB (publ), Annual General Meeting, May 16, 2024. New Risk • Apr 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr104.8m (US$9.77m) 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 Earnings have declined by 60% per year over the past 5 years. Market cap is less than US$10m (kr104.8m market cap, or US$9.77m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Annuncio • Mar 27
Everysport Group AB (publ) to Report Q1, 2024 Results on Apr 25, 2024 Everysport Group AB (publ) announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Feb 25
Full year 2023 earnings released: kr1.60 loss per share (vs kr6.57 loss in FY 2022) Full year 2023 results: kr1.60 loss per share (improved from kr6.57 loss in FY 2022). Revenue: kr195.8m (up 2.7% from FY 2022). Net loss: kr10.0m (loss narrowed 75% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Annuncio • Jan 24
Everysport Group AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024 Everysport Group AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024 New Risk • Nov 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr104.5m (US$10.00m) 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (kr104.5m market cap, or US$10.00m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Reported Earnings • Nov 13
Third quarter 2023 earnings released: EPS: kr2.81 (vs kr1.82 loss in 3Q 2022) Third quarter 2023 results: EPS: kr2.81 (up from kr1.82 loss in 3Q 2022). Revenue: kr81.0m (up 86% from 3Q 2022). Net income: kr17.4m (up kr28.5m from 3Q 2022). Profit margin: 22% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Annuncio • Nov 09
Everysport Group AB (publ) to Report Q3, 2023 Results on Nov 09, 2023 Everysport Group AB (publ) announced that they will report Q3, 2023 results at 8:00 AM, Central European Standard Time on Nov 09, 2023 Annuncio • Oct 25
An unknown buyer entered into an agreement to acquire Daytime Media House AB and Trav Og Galoppnytt AS from Everysport Group AB (publ) (NGM:EVERY) for SEK 20.5 million. An unknown buyer entered into an agreement to acquire Daytime Media House AB and Trav Og Galoppnytt AS from Everysport Group AB (publ) (NGM:EVERY) for SEK 20.5 million on October 24, 2023. The purchase price amounts to SEK 20.5 million, of which SEK 15 million will be paid in cash on November 1, 2023 and remaining SEK 5.5 million will be paid over a period of three years. The transaction includes Everysport's operations within betting and horse racing. The closing of the transaction, which is subject to customary conditions. The transaction is expected to complete on November 1, 2023. New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 56% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr131.4m market cap, or US$12.0m). Annuncio • Sep 27
Everysport Group AB (publ.) to Report Q3, 2023 Results on Oct 26, 2023 Everysport Group AB (publ.) announced that they will report Q3, 2023 results on Oct 26, 2023 Annuncio • Sep 01
Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY). Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million on August 15, 2023. Media portfolio valued at SEK 45 million, purchase price SEK 44 million after deductions. Paid in three installments: SEK 22.5 million upfront, SEK 10.6 million after six months, and SEK 10.6 million after twelve months. The closing of the transaction, which is subject to customary conditions, is expected to August 31, 2023.Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) on August 31, 2023. Annuncio • Aug 17
Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million. Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million on August 15, 2023. Media portfolio valued at SEK 45 million, purchase price SEK 44 million after deductions. Paid in three installments: SEK 22.5 million upfront, SEK 10.6 million after six months, and SEK 10.6 million after twelve months. The closing of the transaction, which is subject to customary conditions, is expected to August 31, 2023. New Risk • Aug 16
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 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (kr97.0m market cap, or US$8.93m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr5.3m net loss next year). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Annuncio • Jul 26
Everysport Group AB (publ) to Report Q2, 2023 Results on Aug 24, 2023 Everysport Group AB (publ) announced that they will report Q2, 2023 results on Aug 24, 2023 New Risk • Jul 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 Market cap is less than US$10m (kr68.8m market cap, or US$6.71m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr5.3m net loss next year). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Annuncio • Jul 06
Everysport Group AB (publ) (NGM:EVERY) agreed to acquire Hippson Aktiebolag from Perlavita Ab for SEK 1.6 million. Everysport Group AB (publ) (NGM:EVERY) agreed to acquire Hippson Aktiebolag from Perlavita Ab for SEK 1.6 million on July 4, 2023. The consideration will be paid through a new share issue of 166,666 with subscription price of approximately SEK 15 per share. The total purchase price will be SEK 2.5 million. Hippson posted turnover of approximately SEK 12 million for the year ended 2022. Reported Earnings • May 08
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr45.0m (down 12% from 1Q 2022). Net loss: kr7.67m (loss widened 9.0% from 1Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Buying Opportunity • Apr 04
Now 20% undervalued Over the last 90 days, the stock is up 47%. The fair value is estimated to be kr14.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Buying Opportunity • Mar 15
Now 25% undervalued Over the last 90 days, the stock is up 34%. The fair value is estimated to be kr14.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Reported Earnings • Feb 19
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: kr6.57 loss per share (further deteriorated from kr0.96 loss in FY 2021). Revenue: kr193.2m (up 3.2% from FY 2021). Net loss: kr40.0m (loss widened kr34.2m from FY 2021). Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Annuncio • Jan 19
Everysport Group AB (publ) to Report Fiscal Year 2022 Final Results on Feb 17, 2023 Everysport Group AB (publ) announced that they will report fiscal year 2022 final results on Feb 17, 2023 Buying Opportunity • Jan 17
Now 22% undervalued Over the last 90 days, the stock is up 139%. The fair value is estimated to be kr24.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 8.6% in a year. Earnings is forecast to grow by 67% in the next year. Annuncio • Jan 10
Everysport Group AB (publ) Provides Earnings Guidance for the Full Year 2023 Everysport Group AB (publ) provided earnings guidance for the full year 2023. For the period, the company estimated to provide a total profit improvement of approximately SEK 13 million in comparison with the full year of 2022. Annuncio • Dec 13
Everysport Group AB (Publ.) Announces Appointment of Nomination Committee Everysport Group AB (publ) announced that In accordance with previous decisions at the Annual General Meeting, the company's Chairman of the Board has convened a Nomination Committee to prepare proposals for the company's Annual General Meeting 2023. The Nomination Committee consists of Michael Hansen, as Chairman of the Board of Everysport Media Group AB (publ.), Johan Ejermark and Hannes Andersson as representatives of the two largest ownership groups /shareholders as voting members have the largest share in Everysport Group AB (publ.). The Nomination Committee's task is to draft proposal for the Board of Directors, etc. to be presented for resolution at the 2023 Annual General Meeting. Price Target Changed • Nov 16
Price target decreased to kr26.00 Down from kr56.00, the current price target is provided by 1 analyst. New target price is 219% above last closing price of kr8.16. Stock is down 85% over the past year. The company is forecast to post a net loss per share of kr5.10 next year compared to a net loss per share of kr0.96 last year. 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. 4 non-independent directors. Chairman of the Board Michael Hansen 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 • Oct 30
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr43.9m (up 1.2% from 3Q 2021). Net loss: kr11.1m (loss widened kr9.92m from 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Interactive Media and Services industry in Sweden. Annuncio • Oct 28
Everysport Media Launches the F1 Site FormelDirekt Everysport Group AB's business area, Everysport Media, announced the launch of the site FormelDirekt.se, which is the first editorial site for Formula 1 in Sweden. The investment in editorial content within Formula 1 is a natural step to expand the Group's already strong position within niche sports media. Interest in Formula 1 has grown enormously in recent years and through FormelDirekt, company is now increasing coverage of the sport in Sweden. The site is launched on company own media platform with the possibility of login and plus services in the long term, which is in line with the Group's overall growth strategy to increase the company's monthly recurring revenue. The site will contain everything from daily news and feature content, to personal portraits and highlights - all kinds of editorial content a reader might need to keep up with the fast-paced sport. With one month left of the current season and upcoming preparations for a breathtaking 2023, Everysport see an interest in Formula 1 that is greater than ever. It feels really good to be able to offer Swedish readers a finger on the F1 pulse as well as retrospectives and in-depth reports in the sport through FormelDirekt. FormelDirekt.se is launched on the Group's new technical platform Everysport Media Platform (EMP), which is specially designed for sports media in both text and video formats. The platform enables personalized user experiences and access to additional material via subscription services. Annuncio • Oct 25
Everysport Group AB (Publ) Appoints Michael Hansen as the New Chairman of the Board Everysport Group AB (publ) announced that it has appointed Michael Hansen as the new Chairman of the Board. Michael has over twenty years of experience in starting, building and investing in growth companies. One of the companies Michael has founded is the fintech company Capcito Finance AB, which was acquired by Fortnox AB in December 2021. He is a former partner and member of the sports and gaming information company Daytime Media House, which was acquired by Everysport Group in 2016. Michael has since 2016 been a member of the Everysport Group Board of Directors. Annuncio • Oct 15
Everysport Group AB (Publ) Announces Resignation of Paul Fischbein as Chairman and Member of the Board Everysport Group AB (publ) announced that Paul Fischbein, chairman of the board of Everysport Group AB (publ) has notified the board that he leaves his position as chairman and member of the board at Everysport Group. The reason for resigning is that he has been appointed to a new position incompatible with his role on the board of Everysport Group. Reported Earnings • Jul 29
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr48.2m (down 18% from 2Q 2021). Net loss: kr12.5m (down kr14.0m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 27% growth forecast for the industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • May 13
First quarter 2022 earnings: Revenues miss analyst expectations First quarter 2022 results: Revenue: kr52.6m (up 106% from 1Q 2021). Net loss: kr7.04m (down kr7.59m from profit in 1Q 2021). Revenue missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 26%, compared to a 31% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Price Target Changed • Apr 27
Price target decreased to kr56.00 Down from kr62.00, the current price target is provided by 1 analyst. New target price is 125% above last closing price of kr24.90. Stock is down 44% over the past year. The company is forecast to post earnings per share of kr1.40 next year compared to a net loss per share of kr0.85 last year. 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. Director Mernosh Saatchi was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 20
Everysport Media Group AB, Annual General Meeting, May 19, 2022 Everysport Media Group AB, Annual General Meeting, May 19, 2022. Agenda: To consider presentation of the annual report and the auditors' report and the consolidated financial statements and the auditors' report for the group; to consider adoption of the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet; to consider disposition of the Company's result in accordance with the adopted balance sheet; to consider discharge from liability for the Board of Directors and the CEO; to consider determination of the number of members of the Board of Directors and deputies; to consider determination of the fees to the Board of Directors and auditors; to consider proposal on resolution on guidelines for remuneration to senior executives; and to transact other matters. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: kr0.96 loss per share (down from kr0.16 profit in FY 2020). Revenue: kr190.9m (up 127% from FY 2020). Net loss: kr5.85m (down kr6.57m from profit in FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 38%, compared to a 44% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr33.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 25x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 139% over the past three years. Annuncio • Dec 11
Everysport Media Group Launches PadelDirekt Plus Everysport Media Group AB (publ) business area, Everysport Media, announced the launch of PadelDirekt Plus - a new premium service for the wholly owned site PadelDirekt. The service enables further investments in quality journalism and content around padel. PadelDirekt Plus is a result of previously successful launches of subscription services on several of the Group's other sports sites. The implementation of the payment model is part of the Group's overall growth strategy to increase ESMG's monthly recurring revenues. The new premium service accommodates both a broader and deeper coverage of Swedish and international padel. PadelDirekt Plus costs 49 SEK/month and gives the user access to all content on the site. Everysport Media Group also provides the premium subscription service Everysport Plus for 99 SEK/month which gives access to all premium content on ESMG's sites. PadelDirekt is based on ESMG's new media platform Everysport Media Platform (EMP), which is a new technical platform specialized for sports media. Previously, the Group has made major investments in the platform. These contribute to an adapted consumption of sports content in both text and video formats, enabling a logged-in location to create personalized experiences and through subscription services get access to premium content. Recent Insider Transactions • Dec 02
Chief Executive Officer recently bought kr527k worth of stock On the 30th of November, Hannes Andersson bought around 12k shares on-market at roughly kr42.89 per share. This was the largest purchase by an insider in the last 3 months. This was Hannes' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr41.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 230% over the past three years. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: kr46.3m (up 129% from 3Q 2020). Net loss: kr1.18m (down 334% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 61%, compared to a 34% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 17% share price gain to kr63.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 32x in the Interactive Media and Services industry in Sweden. Total returns to shareholders of 321% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 19% share price gain to kr57.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 41x in the Interactive Media and Services industry in Sweden. Total returns to shareholders of 283% over the past three years. Reported Earnings • Aug 21
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr58.8m (up 230% from 2Q 2020). Net income: kr1.55m (up kr3.77m from 2Q 2020). Profit margin: 2.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Recent Insider Transactions • May 25
Chairman of the Board recently bought kr105k worth of stock On the 21st of May, Paul Fischbein bought around 3k shares on-market at roughly kr42.00 per share. In the last 3 months, they made an even bigger purchase worth kr154k. Paul has been a buyer over the last 12 months, purchasing a net total of kr274k worth in shares. Reported Earnings • May 13
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr25.5m (up 18% from 1Q 2020). Net income: kr547.8k (up kr908.8k from 1Q 2020). Profit margin: 2.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annuncio • May 12
Everysport Media Group AB Provides Earnings Guidance for 2021 Everysport Media Group AB provided earnings guidance for 2021. For the period, the company expects to increase sharply in both sales and earnings on a quarterly and full-year basis in 2021 compared with 2020. Recent Insider Transactions • Apr 02
Chairman of the Board recently bought kr154k worth of stock On the 31st of March, Paul Fischbein bought around 4k shares on-market at roughly kr34.75 per share. This was the largest purchase by an insider in the last 3 months. Paul has been a buyer over the last 12 months, purchasing a net total of kr169k worth in shares. Is New 90 Day High Low • Mar 09
New 90-day high: kr22.00 The company is up 33% from its price of kr16.50 on 09 December 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 14% over the same period. Annuncio • Mar 03
Everysport Media Group AB (NGM:EVERY A) completed the acquisition of Trav og Galopp-Nytt AS. Everysport Media Group AB (NGM:EVERY A) signed an agreement to acquire Trav og Galopp-Nytt AS for NOK 4 million on December 29, 2020. The purchase price would be paid in cash will be financed through existing cash of Everysport Media Group AB. Trav og Galopp-Nytt generated revenue of NOK 20 million. The transaction is expected to close on March 1, 2020.
Everysport Media Group AB (NGM:EVERY A) completed the acquisition of Trav og Galopp-Nytt AS on March 1, 2021. CEO Kristian Skullerud will be the new head of ESMG's operations in Norway. Reported Earnings • Feb 20
Full year 2020 earnings released: kr129 loss per share (vs kr1.18 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr84.7m (down 9.2% from FY 2019). Net loss: kr588.2m (loss widened kr582.8m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 167 percentage points per year, which is a significant difference in performance. Annuncio • Feb 18
Everysport Media Group AB to Report Fiscal Year 2021 Results on Feb 17, 2022 Everysport Media Group AB announced that they will report fiscal year 2021 results on Feb 17, 2022 Annuncio • Jan 22
Everysport Media Group Signs Strategic Agreement with Norsk Rikstoto Everysport Media Group AB (publ.) (ESMG) announced that it has signed a strategic cooperation agreement with Norsk Rikstoto. ESMG's Norwegian subsidiary will as of March 1, 2021 be the supplier of editorial content and gaming information for both Norway and Sweden. ESMG recently announced that it has entered into an agreement to acquire Norway's leading media house within horse racing, Trav og Galopp-Nytt AS (TGN), and the new agreement with Norsk Rikstoto enables ESMG to continue to grow and invest in Norwegian operations. The agreement becomes effective as of March 2021. Is New 90 Day High Low • Jan 08
New 90-day high: kr20.40 The company is up 85% from its price of kr11.00 on 08 October 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 14% over the same period. Annuncio • Dec 30
Everysport Media Group AB (NGM:EVERY A) signed an agreement to acquire Trav og Galopp-Nytt AS for NOK 4 million. Everysport Media Group AB (NGM:EVERY A) signed an agreement to acquire Trav og Galopp-Nytt AS for NOK 4 million on December 29, 2020. The purchase price would be paid in cash will be financed through existing cash of Everysport Media Group AB. Trav og Galopp-Nytt generated revenue of NOK 20 million. The transaction is expected to close on March 1, 2020. Is New 90 Day High Low • Nov 13
New 90-day high: kr14.90 The company is up 75% from its price of kr8.50 on 14 August 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period.