Board Change • May 20
No independent directors 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. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annuncio • Apr 29
Eyeon Group AB (publ) (NGM:EOID) completed the acquisition of Safestate Ab from current owners. Eyeon Group AB (publ) (NGM:EOID) entered into an agreement to acquire Safestate Ab from current owners for approximately SEK 100 million on March 11, 2025. The purchase price will be paid through newly issued shares in EyeonGroup ("Consideration Shares"), which will be issued in an in-kind share issue in exchange for the Sellers contributing their shares in Safestate. The subscription price for each Consideration Share is set at SEK 15 per share, with the total number of Consideration Shares amounting to a maximum of 6.745996 million shares. The issuance of the Consideration Shares will be decided by the Company's Board of Directors under the authorization granted at the extraordinary general meeting on March 4, 2025. The acquisition is conditional upon the fulfillment of certain requirements, including obtaining necessary regulatory approvals for a mandatory FDI notification from the Swedish Inspectorate of Strategic Products. The Consideration Shares will be subject to a 12-month "lock-up" period, but the Sellers will have the right to dispose of the Consideration Shares in accordance with an option agreement separately entered into between each Seller and House of K Investment UK Ltd. The closing date will occur as soon as these conditions are met. Fredrik Ullberg of TLCF Sweden Kommanditbolag acted as financial advisor to Eyeon Group. Fredrik Sonander of Forssander Sonander Advokat AB acted as legal advisor to Eyeon Group. Gabriel Albmark of Eversheds Sutherland Advokatbyrå Ab acted as legal advisor to Eyeon Group. John Hovsenius of Svalner Skatt & Transaktion KB acted as due diligence provider to Eyeon Group.
Eyeon Group AB (publ) (NGM:EOID) completed the acquisition of Safestate Ab from current owners on April 29, 2025. In a move to further reinforce its leadership team, the company’s principal owner, Mattias Kaneteg, will step in as the new Chairman of the Board. Coinciding with the acquisition, Eyeon Group is launching a new brand profile, Eye.World, designed to unify its expanded range of offerings. Reported Earnings • Oct 20
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr6.47m (up 25% from 3Q 2023). Net income: kr1.34m (up kr5.80m from 3Q 2023). Profit margin: 21% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2024 earnings released: kr0.11 loss per share (vs kr0.18 loss in 2Q 2023) Second quarter 2024 results: kr0.11 loss per share (improved from kr0.18 loss in 2Q 2023). Revenue: kr5.94m (up 19% from 2Q 2023). Net loss: kr3.04m (loss narrowed 40% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr4.98m (down 1.6% from 1Q 2023). Net loss: kr1.74m (loss narrowed 61% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 20
Full year 2023 earnings released: kr0.62 loss per share (vs kr2.27 loss in FY 2022) Full year 2023 results: kr0.62 loss per share (improved from kr2.27 loss in FY 2022). Revenue: kr21.9m (up 12% from FY 2022). Net loss: kr17.5m (loss narrowed 20% from FY 2022). Annuncio • Feb 20
Eyeonid Group AB (publ), Annual General Meeting, May 15, 2024 Eyeonid Group AB (publ), Annual General Meeting, May 15, 2024. New Risk • Jan 28
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 14% 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 (-kr19m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Market cap is less than US$10m (kr59.9m market cap, or US$5.73m). Minor Risk Revenue is less than US$5m (kr20m revenue, or US$1.9m). New Risk • Oct 06
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 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 (-kr17m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Market cap is less than US$10m (kr65.3m market cap, or US$5.97m). Minor Risk Revenue is less than US$5m (kr20m revenue, or US$1.8m). Reported Earnings • Aug 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr5.41m (up 13% from 2Q 2022). Net loss: kr5.09m (flat on 2Q 2022). Annuncio • May 19
Eyeonid Group AB (publ), Annual General Meeting, Jun 22, 2023 Eyeonid Group AB (publ), Annual General Meeting, Jun 22, 2023. Recent Insider Transactions • Mar 14
Chief Executive Officer recently bought kr100k worth of stock On the 8th of March, Georg Tsaros bought around 14k shares on-market at roughly kr7.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Georg's only on-market trade for the last 12 months. Reported Earnings • Feb 22
Full year 2022 earnings released: kr6.42 loss per share (vs kr25.07 loss in FY 2021) Full year 2022 results: kr6.42 loss per share (improved from kr25.07 loss in FY 2021). Revenue: kr20.6m (down 18% from FY 2021). Net loss: kr21.8m (loss narrowed 74% from FY 2021). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Carl Hoglund was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 07
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr5.28m (down 38% from 3Q 2021). Net loss: kr3.68m (loss narrowed 72% from 3Q 2021). Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr5.00m (down 5.9% from 2Q 2021). Net loss: kr5.06m (loss narrowed 57% from 2Q 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 58% per year, which means it is significantly lagging earnings. Reported Earnings • May 03
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr4.80m (up 29% from 1Q 2021). Net loss: kr8.35m (loss narrowed 6.6% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 56% 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. 4 non-independent directors. Director Carl Hoglund was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.36 loss per share (down from kr0.24 loss in FY 2020). Revenue: kr29.9m (up 149% from FY 2020). Net loss: kr85.0m (loss widened 170% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 04
Third quarter 2021 earnings released The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr11.1m (up 300% from 3Q 2020). Net loss: kr13.0m (loss widened 62% from 3Q 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 60% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: kr6.28m (up 138% from 2Q 2020). Net loss: kr11.8m (loss widened 62% from 2Q 2020). Reported Earnings • Jun 17
First quarter 2021 earnings released The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: kr3.75m (up 40% from 1Q 2020). Net loss: kr8.94m (loss widened 18% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Annuncio • Mar 17
Eyeonid Group AB (publ) (NGM:EOID) entered into an agreement to acquire Bolder Sweden AB for SEK 50.4 million. Eyeonid Group AB (publ) (NGM:EOID) entered into an agreement to acquire Bolder Sweden AB for SEK 50.4 million on March 15, 2021. Is New 90 Day High Low • Feb 16
New 90-day high: kr1.30 The company is up 9.0% from its price of kr1.19 on 18 November 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 47% over the same period. Is New 90 Day High Low • Sep 18
New 90-day low: kr0.87 The company is down 51% from its price of kr1.75 on 18 June 2020. The Swedish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 13% over the same period. Annuncio • Aug 26
Eyeonid Group AB (publ) has completed an IPO in the amount of SEK 9.5 million. Eyeonid Group AB (publ) has completed an IPO in the amount of SEK 9.5 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,800,000
Price\Range: SEK 2.5