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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Roland Gustavsson was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Oct 10
Wise Group AB (publ), Annual General Meeting, May 21, 2026 Wise Group AB (publ), Annual General Meeting, May 21, 2026, at 05:00 W. Europe Standard Time. Location: at linnegatan 87, stockholm Sweden お知らせ • Oct 18
Wise Group AB (publ), Annual General Meeting, May 15, 2025 Wise Group AB (publ), Annual General Meeting, May 15, 2025, at 17:00 W. Europe Standard Time. Location: at the company`s premises, at linnegatan 87, stockholm Sweden Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.55 loss per share (vs kr1.08 loss in 2Q 2023) Second quarter 2024 results: kr0.55 loss per share (improved from kr1.08 loss in 2Q 2023). Revenue: kr168.7m (down 20% from 2Q 2023). Net loss: kr4.06m (loss narrowed 49% from 2Q 2023). 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. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Roland Gustavsson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: kr0.19 (vs kr0.99 in 1Q 2023) First quarter 2024 results: EPS: kr0.19 (down from kr0.99 in 1Q 2023). Revenue: kr183.9m (down 22% from 1Q 2023). Net income: kr1.38m (down 81% from 1Q 2023). Profit margin: 0.7% (down from 3.1% in 1Q 2023). Reported Earnings • Feb 23
Full year 2023 earnings released: kr2.19 loss per share (vs kr2.59 profit in FY 2022) Full year 2023 results: kr2.19 loss per share (down from kr2.59 profit in FY 2022). Revenue: kr803.1m (down 12% from FY 2022). Net loss: kr16.2m (down 185% from profit in FY 2022). Buy Or Sell Opportunity • Feb 23
Now 23% undervalued Over the last 90 days, the stock has risen 31% to €2.41. The fair value is estimated to be €3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 20
Now 20% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 19
Third quarter 2023 earnings released: kr0.74 loss per share (vs kr0.61 profit in 3Q 2022) Third quarter 2023 results: kr0.74 loss per share (down from kr0.61 profit in 3Q 2022). Revenue: kr162.2m (down 18% from 3Q 2022). Net loss: kr5.45m (down 221% from profit in 3Q 2022). Reported Earnings • Aug 28
Second quarter 2023 earnings released: kr1.08 loss per share (vs kr1.41 profit in 2Q 2022) Second quarter 2023 results: kr1.08 loss per share (down from kr1.41 profit in 2Q 2022). Revenue: kr210.8m (down 11% from 2Q 2022). Net loss: kr7.95m (down 176% from profit in 2Q 2022). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.84, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Professional Services industry in Europe. Total loss to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.57, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 18x in the Professional Services industry in Europe. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.51, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Professional Services industry in Germany. Total loss to shareholders of 34% over the past year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.05, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 21x in the Professional Services industry in Germany. Total loss to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €3.55, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 21x in the Professional Services industry in Germany. Total loss to shareholders of 21% over the past year. Upcoming Dividend • May 05
Upcoming dividend of kr4.00 per share at 7.9% yield Eligible shareholders must have bought the stock before 12 May 2023. Payment date: 19 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €4.79, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 21x in the Professional Services industry in Germany. Total returns to shareholders of 2.6% over the past year. Recent Insider Transactions • Mar 05
Chairman recently bought €800k worth of stock On the 27th of February, Curt Erik Mitteregger bought around 200k shares on-market at roughly €4.00 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Curt Erik's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €4.34, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 21x in the Professional Services industry in Germany. Total returns to shareholders of 8.5% over the past year. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: kr2.59 (vs kr8.08 in FY 2021) Full year 2022 results: EPS: kr2.59 (down from kr8.08 in FY 2021). Revenue: kr910.5m (up 22% from FY 2021). Net income: kr19.1m (down 68% from FY 2021). Profit margin: 2.1% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: kr0.61 (vs kr0.72 in 3Q 2021) Third quarter 2022 results: EPS: kr0.61 (down from kr0.72 in 3Q 2021). Revenue: kr198.1m (up 17% from 3Q 2021). Net income: kr4.50m (down 15% from 3Q 2021). Profit margin: 2.3% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €3.65, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 26x in the Professional Services industry in Germany. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €4.26, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 30x in the Professional Services industry in Germany. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: kr1.58 (vs kr0.40 loss in 1Q 2021) First quarter 2022 results: EPS: kr1.58 (up from kr0.40 loss in 1Q 2021). Revenue: kr227.6m (up 11% from 1Q 2021). Net income: kr11.7m (up kr14.7m from 1Q 2021). Profit margin: 5.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Stefan Mahlstein was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 24
Full year 2021 earnings released: EPS: kr8.08 (vs kr1.52 loss in FY 2020) Full year 2021 results: EPS: kr8.08 (up from kr1.52 loss in FY 2020). Revenue: kr744.6m (up 8.5% from FY 2020). Net income: kr59.7m (up kr70.9m from FY 2020). Profit margin: 8.0% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Buying Opportunity • Mar 08
Now 20% undervalued Over the last 90 days, the stock is up 6.4%. The fair value is estimated to be kr5.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% per annum over the last 3 years. The company has become profitable over the last year. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Stefan Mahlstein was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr8.08 (up from kr0.29 loss in FY 2020). Revenue: kr744.6m (down 9.2% from FY 2020). Net income: kr59.7m (up kr61.9m from FY 2020). Profit margin: 8.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Recent Insider Transactions • Dec 09
Independent Director recently bought €122k worth of stock On the 7th of December, Stefan Mahlstein bought around 31k shares on-market at roughly €3.99 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS kr0.72 (vs kr0.23 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr170.1m (up 9.2% from 3Q 2020). Net income: kr5.30m (up 207% from 3Q 2020). Profit margin: 3.1% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. お知らせ • Sep 15
Simployer AS agreed to acquire Edge HR AB from Wise Group AB (publ) (OM:WISE) for SEK 30 million. Simployer AS agreed to acquire Edge HR AB from Wise Group AB (publ) (OM:WISE) for SEK 30 million on September 13, 2021. Upon completion Gunilla Asker, CEO of Edge HR, will move to a new role as chief strategic officer of Wise Group and will remain a member of Wise group management. For the year ended December 31, 2021 Edge recorded the revenues of SEK 30 million. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS kr0.37 (vs kr1.30 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr207.1m (flat on 2Q 2020). Net income: kr2.73m (up kr12.3m from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020).