Reported Earnings • Jun 02
First quarter 2023 earnings released: kr.0.078 loss per share (vs kr.0.078 loss in 1Q 2022) First quarter 2023 results: kr.0.078 loss per share (in line with 1Q 2022). Revenue: kr.30.9m (down 4.2% from 1Q 2022). Net loss: kr.3.18m (flat on 1Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. お知らせ • Jun 01
Lauritz.Com Group A/S Provides Earnings Guidance for the Full Year 2023 Lauritz.com Group A/S provided earnings guidance for the full year 2023. For the period, the company expected total sales to decrease of 10 to 15% (previously 0 to +5%). Operating profit to be in the range of DKK -3 to +3 million (previously +3 to +8 million). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: kr.0.034 (vs kr.0.20 loss in FY 2021) Full year 2022 results: EPS: kr.0.034 (up from kr.0.20 loss in FY 2021). Revenue: kr.110.3m (down 15% from FY 2021). Net income: kr.1.41m (up kr.9.51m from FY 2021). Profit margin: 1.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: kr.0.01 (vs kr.0.20 loss in FY 2021) Full year 2022 results: EPS: kr.0.01 (up from kr.0.20 loss in FY 2021). Revenue: kr.110.3m (down 15% from FY 2021). Net income: kr.404.0k (up kr.8.51m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. 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. 3 non-independent directors. Director Tue Botkaer 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. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: kr.0.046 (vs kr.0.01 loss in 3Q 2021) Third quarter 2022 results: EPS: kr.0.046. Revenue: kr.24.5m (down 21% from 3Q 2021). Net loss: kr.1.87m (loss widened 350% from 3Q 2021). お知らせ • Oct 27
Lauritz.com Group A/S Provides Earnings Guidance for 2022 Lauritz.com Group A/S provided earnings guidance for 2022. For the period, Company expects Growth in Revenue of -5% to +5%. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: kr.0.10 (vs kr.0.18 loss in 2Q 2021) Second quarter 2022 results: EPS: kr.0.10 (up from kr.0.18 loss in 2Q 2021). Revenue: kr.29.4m (down 7.9% from 2Q 2021). Net income: kr.4.19m (up kr.11.6m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 28% per year. お知らせ • Aug 19
Lauritz.com Group A/S Revises Revenue Guidance for 2022 Lauritz.com Group A/S revised revenue guidance for 2022. For the period, the company expects Growth in Revenue of -5% to +5% (previous guidance 5% to 15% growth). Reported Earnings • May 13
First quarter 2022 earnings released: kr.0.078 loss per share (vs kr.0.024 loss in 1Q 2021) First quarter 2022 results: kr.0.078 loss per share (down from kr.0.024 loss in 1Q 2021). Revenue: kr.32.2m (flat on 1Q 2021). Net loss: kr.3.20m (loss widened 233% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. お知らせ • May 13
Lauritz.com Group A/S Provides Revenue Guidance for 2022 Lauritz.com Group A/S provided revenue guidance for 2022. For the period, the company expects Growth in Revenue of 5% to 15%. 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 Tue Botkaer 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. Reported Earnings • Apr 14
Full year 2021 earnings released: kr.0.20 loss per share (vs kr.0.70 loss in FY 2020) Full year 2021 results: kr.0.20 loss per share (up from kr.0.70 loss in FY 2020). Revenue: kr.129.4m (up 6.6% from FY 2020). Net loss: kr.8.10m (loss narrowed 71% from FY 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. お知らせ • Feb 24
Lauritz.com Group A/S Provides Financial Guidance for the Year 2022 Lauritz.com Group A/S provided financial guidance for the year 2022. For the year, the company expects growth in Auction Turnover of 0% to 10%; growth in Revenue of 5% to 15%. Reported Earnings • Nov 07
Third quarter 2021 earnings released: kr.0.01 loss per share (vs kr.0.027 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: kr.31.2m (down 35% from 3Q 2020). Net loss: kr.415.0k (loss narrowed 63% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2021 earnings released: kr.0.18 loss per share (vs kr.0.33 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: kr.32.0m (down 35% from 2Q 2020). Net loss: kr.7.41m (loss narrowed 46% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
First quarter 2021 earnings released: EPS kr.0.024 (vs kr.0.11 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: kr.32.4m (down 30% from 1Q 2020). Net loss: kr.960.0k (loss narrowed 79% from 1Q 2020). お知らせ • Jun 01
Lauritz.com Group A/S Provides Earnings Guidance for the Year 2021 Lauritz.com Group A/S provided earnings guidance for the year 2021. For the year, the company expects Growth in Revenue of 10-20%. お知らせ • Apr 18
Lauritz.com Group A/S Updates Earnings Guidance for the Year 2021 Lauritz.com Group A/S updated earnings guidance for the year 2021. For the period the company expected Increase in auction turnover by 10% to 20% against previous guidance of Increase in Auction turnover by 5% to 15%. Increase in Revenue by 15% to 25% against previous guidance of Increase in Revenue by 10% to 20%. Reported Earnings • Feb 26
Full year 2020 earnings released: kr.0.54 loss per share (vs kr.1.35 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr.214.2m (down 2.7% from FY 2019). Net loss: kr.21.8m (down 140% from profit in FY 2019). お知らせ • Feb 20
Lauritz.com Group A/S, Annual General Meeting, May 27, 2021 Lauritz.com Group A/S, Annual General Meeting, May 27, 2021, at 11:00 Central European Standard Time. お知らせ • Feb 02
Lauritz.com Group A/S Announces Resignation of Mette Rode Sundstrøm as Board of Director Lauritz.com Group A/S announced Mette Rode Sundstrøm leaves the Board of Directors of the company. Executive Departure • Feb 02
CEO & Member of the Management Board Carsten Rysgaard has left the company On the 31st of January, Carsten Rysgaard's tenure as CEO & Member of the Management Board of the company ended after 1.3 years in the role. We don't have any record of a personal shareholding under Carsten's name. Carsten is the only executive to leave the company over the last 12 months. Under Carsten's leadership, the company delivered a total shareholder return of -6.9%. お知らせ • Jan 01
Lauritz.Com Group A/S Announces Change in CEO Position The Board of Directors of Lauritz.com Group A/S and the CEO Carsten Rysgaard have agreed that Carsten Rysgaard will leave Lauritz.com Group A/S. Carsten Rysgaard will step down as CEO as per January 31st, 2021. The CEO role will be handed over to Mette Rode Sundstrøm, who has been with the group through nearly 20 years, heading the most significant growth periods of the company, here-off during 12 years as CEO. In her last full year as CEO in 2016, Lauritz.com presented a record auction turnover of over DKK 1 billion and the higher EBITDA ever of DKK 46.3m. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of kr.29.2m, with losses widening by 56% from the prior year. Total revenue was kr.204.7m over the last 12 months, down 11% from the prior year.