View ValuationMidsummer 将来の成長Future 基準チェック /06現在、 Midsummerの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長30.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • May 23Forecast to breakeven in 2024The 2 analysts covering Midsummer expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr52.0m in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesBoard Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Philip Gao was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 20Midsummer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 174.58302 million.Midsummer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 174.58302 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 126,509,435 Price\Range: SEK 1.38 Transaction Features: Rights Offeringお知らせ • Dec 01Midsummer AB (publ), Annual General Meeting, May 20, 2026Midsummer AB (publ), Annual General Meeting, May 20, 2026.お知らせ • Nov 29Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 174.58302 million.Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 174.58302 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 126,509,435 Price\Range: SEK 1.38 Transaction Features: Rights Offeringお知らせ • Jun 13Midsummer AB (Publ) Approves Board ElectionsMidsummer AB (publ) at its annual general meeting on June 12, 2025 approved to new elect Per Mattson, Patrik Boman and Anna Denell, as members of the board of directors for the time until the end of the next annual general meeting. Patrik Boman, with decade-long experience as an entrepreneur and leader of companies within IT, telecom and cyber security in both public and listed environments. He held a senior position in the HiQ Group and was the CEO of the listed Cybercom Group. Mr. Boman has extensive experience from M&A, business development and international business in the IT and telecom areas. Anna Denell, Chief Sustainability Officer at Vasakronan, one of Sweden’s leading property companies, with overall responsibility for the company’s sustainability strategy. Anna Denell began her career in the property industry in the mid 90’s and joined Vasakronan in 1999. She has played a key role in founding Sweden Green Building Council, introducing green leases to the Swedish market and issuing the world’s first corporate green bond. Anna Denell is also a fellow of the Royal Academy of Engineering Sciences (IVA), a well-known presenter and lecturer in the Swedish property industry and has for the last six years been appointed “One of Sweden’s 100 most powerful environmentalists”. Per Mattsson has worked in the financial industry for over 25 years and currently holds the role of Nordic Head of Morningstar. He has extensive experience in sales, business development, operations management and financial reporting. At Morningstar, he was previously Sales Manager and previously worked at EDS and Skandia. Mr. Mattsson holds a Master of Business Administration from the Stockholm University with a focus on finance and calculation, and holds an EMBA from the Stockholm School of Economics.お知らせ • Apr 10Midsummer Receives Grant of EUR 2.8 Million from the Ministry of University and Research to Develop Tandem Solar CellsMidsummer has been chosen by the Italian Ministry of University and Research to participate in a consortium with the aim to develop a new type of solar cell named "Quantum Dot CIGS/Perovskite Tandem". The "Quantum Dot Enhanced Lightweight Solar Cells" (QDELS) project aims to develop and validate a new production process for CIGS (Cu In Ga Se) solar cells with a tandem perovskite structure enhanced with quantum dots (QD). The ultimate objective is to develop and validate a new process to enhance the efficiency of CIGS (Cu In Ga Se) cells, surpassing conventional silicon cells in all parameters. For this purpose, Midsummer will receive a grant of approx. EUR 2.8m from the Ministry of University and Research for work and materials used in the tests. The project will run for four years starting this autumn and the total budget is EUR 7.5 million. Consorzio Hypatia and the National Research Council are the other two parties involved in the project. Midsummer has a subsidiary in Italy, Midsummer Italia, which owns and operates Europe's large facility for the production of thin film solar cells (in Bari), for which Midsummer has been awarded a total of EUR 22 million in grants from mainly the Italian investment authority Invitalia. The new R&D tandem cell project is separate from the Bari factory project and grants.お知らせ • Nov 29Midsummer AB (publ), Annual General Meeting, Jun 12, 2025Midsummer AB (publ), Annual General Meeting, Jun 12, 2025.Reported Earnings • Sep 01Second quarter 2024 earnings released: kr0.39 loss per share (vs kr0.55 loss in 2Q 2023)Second quarter 2024 results: kr0.39 loss per share. Revenue: kr12.2m (down 5.5% from 2Q 2023). Net loss: kr73.1m (loss widened 16% from 2Q 2023). Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany.Reported Earnings • May 03First quarter 2024 earnings released: kr0.15 loss per share (vs kr0.54 loss in 1Q 2023)First quarter 2024 results: kr0.15 loss per share (improved from kr0.54 loss in 1Q 2023). Revenue: kr45.8m (up 132% from 1Q 2023). Net loss: kr19.1m (loss narrowed 48% from 1Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.New Risk • Mar 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr135m 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 (-kr135m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€33.7m market cap, or US$36.4m).Reported Earnings • Feb 26Full year 2023 earnings released: kr2.15 loss per share (vs kr1.30 loss in FY 2022)Full year 2023 results: kr2.15 loss per share (further deteriorated from kr1.30 loss in FY 2022). Revenue: kr86.0m (up 17% from FY 2022). Net loss: kr222.2m (loss widened 153% from FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 (26% average weekly change). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr134m net loss in 3 years). Market cap is less than US$100m (€19.3m market cap, or US$20.9m).お知らせ • Feb 02Midsummer AB (Publ) Appoints Eric Jaremalm as the New CEOMidsummer AB (publ) has decided to appoint Eric Jaremalm as the new CEO of the group. Eric Jaremalm is one of the founders of Midsummer 20 years ago and has solid experience in leading and developing international technology companies. Eric Jaremalm founded Midsummer together with current CEO Sven Lindström in 2004 and has since held leading roles within the company, including as Executive Vice President, COO and CFO. In addition to having contributed to building Midsummer into a leading global player in the thin film solar cell industry, Eric Jaremalm has worked with sales and development at the technology company Mycronic for just over five years (based in Japan). He has been found by the company’s Board to be the most suitable person to lead Midsummer in the upcoming international expansion with a greater focus on commercial development and internationalization of the business. This includes the opening of a new 50 MW factory in Italy and a 200 MW factory in Sweden. CEO Sven Lindström announced at the beginning of October that he intends to step down as CEO but to continue at Midsummer as Executive Vice President, Manager of Business Development and Manager of the product portfolio. In addition to his position as Chairman of the Board, Robert Sjöström has been asked by the Board to also support the company's management regarding operational issues, including those focused on market and sales.Recent Insider Transactions • Jan 16Co-Founder recently sold €98k worth of stockOn the 12th of January, Sven Lindström sold around 1m shares on-market at roughly €0.096 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sven's only on-market trade for the last 12 months.お知らせ • Nov 09Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.993972 million.Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.993972 million. Security Name: Shares Security Type: Common Stock Securities Offered: 77,639,967 Price\Range: SEK 0.85 Transaction Features: Rights OfferingReported Earnings • Nov 03Third quarter 2023 earnings released: kr0.56 loss per share (vs kr0.68 loss in 3Q 2022)Third quarter 2023 results: kr0.56 loss per share. Revenue: kr16.6m (up 40% from 3Q 2022). Net loss: kr52.0m (loss widened 13% from 3Q 2022). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany.New Risk • Sep 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: kr179m Forecast net loss in 3 years: kr110m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr110m net loss in 3 years). Market cap is less than US$100m (€19.1m market cap, or US$20.3m).Reported Earnings • Aug 18Second quarter 2023 earnings released: kr0.83 loss per share (vs kr0.77 loss in 2Q 2022)Second quarter 2023 results: kr0.83 loss per share (further deteriorated from kr0.77 loss in 2Q 2022). Revenue: kr30.9m (up 291% from 2Q 2022). Net loss: kr56.1m (loss widened 7.7% from 2Q 2022).Board Change • Jul 02Less than half of directors are independentFollowing 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 Lars-Ola Lundkvist was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Jun 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr119m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€26.8m market cap, or US$28.8m).Breakeven Date Change • May 23Forecast to breakeven in 2024The 2 analysts covering Midsummer expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr52.0m in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule.お知らせ • May 11Midsummer AB (publ) has completed a Composite Units Offering in the amount of SEK 277.59978 million.Midsummer AB (publ) has completed a Composite Units Offering in the amount of SEK 277.59978 million. Security Name: Unit Security Type: Equity/Derivative Unit Securities Offered: 15,000,000 Price\Range: SEK 12 Transaction Features: Rights OfferingReported Earnings • Feb 26Full year 2022 earnings released: kr1.42 loss per share (vs kr2.18 loss in FY 2021)Full year 2022 results: kr1.42 loss per share (improved from kr2.18 loss in FY 2021). Revenue: kr175.8m (up 47% from FY 2021). Net loss: kr95.9m (loss narrowed 26% from FY 2021). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany.お知らせ • Dec 24Midsummer AB (publ) announced that it has received SEK 20.399993 million in funding from Murel Investment Construction Co.Midsummer AB (publ) announced that it has raised 1,658,536 shares at an issue price of SEK 12.30 for the gross proceeds of SEK 20,399,993 on December 22, 2022. The transaction included participation from new investor Murel Investment Construction Co.Reported Earnings • Nov 19Third quarter 2022 earnings released: kr0.68 loss per share (vs kr0.32 loss in 3Q 2021)Third quarter 2022 results: kr0.68 loss per share (further deteriorated from kr0.32 loss in 3Q 2021). Revenue: kr20.8m (down 68% from 3Q 2021). Net loss: kr46.1m (loss widened 143% from 3Q 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.お知らせ • Nov 12+ 4 more updatesMidsummer AB (publ) to Report Q3, 2023 Results on Nov 01, 2023Midsummer AB (publ) announced that they will report Q3, 2023 results on Nov 01, 2023Reported Earnings • Apr 28Full year 2021 earnings released: kr2.18 loss per share (vs kr2.65 loss in FY 2020)Full year 2021 results: kr2.18 loss per share. Revenue: kr119.3m (up 25% from FY 2020). Net loss: kr129.5m (loss widened 40% from FY 2020). Over the next year, revenue is forecast to grow 48%, compared to a 15% growth forecast for the industry in Germany.Reported Earnings • Nov 03Third quarter 2021 earnings released: kr0.32 loss per share (vs kr1.19 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr66.1m (up kr57.3m from 3Q 2020). Net loss: kr18.9m (loss narrowed 49% from 3Q 2020).Reported Earnings • Sep 03Second quarter 2021 earnings released: kr0.64 loss per share (vs kr0.57 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: kr21.8m (down 38% from 2Q 2020). Net loss: kr37.7m (loss widened 114% from 2Q 2020).Reported Earnings • May 21First quarter 2021 earnings released: kr0.46 loss per share (vs kr0.021 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr21.5m (down 46% from 1Q 2020). Net loss: kr27.3m (down kr28.0m from profit in 1Q 2020).Reported Earnings • Apr 21Full year 2020 earnings released: kr2.65 loss per share (vs kr1.30 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: kr95.5m (down 52% from FY 2019). Net loss: kr92.3m (loss widened 129% from FY 2019).Reported Earnings • Feb 27Full year 2020 earnings released: kr2.65 loss per share (vs kr1.30 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: kr110.3m (down 44% from FY 2019). Net loss: kr92.3m (loss widened 129% from FY 2019).お知らせ • Dec 18Midsummer Appoints Nominating CommitteeMidsummer has appointed members of the nominating committee for the company's annual general meeting in 2021. The nominating committee has been appointed in consultation with the five shareholders or shareholder groups by voting rights - who have expressed a desire to appoint a member to the nominating committee - according to shareholder data from Euroclear Sweden as per December 2, 2020 and other reliable shareholder information in accordance with the decision by the AGM. Chairman of the nominating committee is Peter Lindell, appointed by Cidro Förvaltning AB. The other members are Philip Gao, who represents his own and related parties' shareholdings, Sven Lindström, who is appointed by founders and shareholders who are employees of Midsummer, Jan Lombach, Chairman of the Board, who represents his own shareholdings, and Oskar Börjesson, appointed by Skandia fonder. Midsummer's CEO Sven Lindström being a member of the nominating committee is a deviation from the Swedish Corporate Governance Code. According to the Corporate Governance Code, the CEO should normally not be a member of the nominating committee. The reason for Midsummer deviating from the code in this respect, is that the company has changed its business model and that this necessitates new competencies into the Board. It is therefore important that the CEO is deeply involved in this year's nominating committee. In addition, Sven Lindström represents the third shareholder group in the company. The nominating committee has been appointed somewhat later than what follows from the Swedish Corporate Governance Code and the company's rules for the appointment of the nominating committee. It was concluded more appropriate to await the outcome of the recent share issues and consequent changes in the company's ownership structure so that a nominating committee representing the current ownership structure could be appointed. The decision to wait with the appointment of the new nominating committee was made in consultation with the previous nominating committee. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Midsummer は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:5UX - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026214-361767N/A12/31/2025164-74-79-39N/A9/30/2025117-110-107-78N/A6/30/2025100-102-137-106N/A3/31/202549-151-81-57N/A12/31/202452-129-71-8N/A9/30/202462-172-83-8N/A6/30/202447-221-102-45N/A3/31/202446-204-181-90N/A12/31/202350-222-135-71N/A9/30/202358-192-99-49N/A6/30/202362-179-72-5N/A3/31/202370-175-96-13N/A12/31/202274-88-152-82N/A9/30/202294-94-237-108N/A6/30/2022136-67-220-92N/A3/31/2022121-52-212-122N/A12/31/2021119-130-179-63N/A9/30/202188-122-114-35N/A6/30/202138-140-120-41N/A3/31/202170-120-133-54N/A12/31/202096-92-133-80N/A9/30/2020116-75-136-94N/A6/30/2020133-63-156-115N/A3/31/2020208-47-151-107N/A12/31/2019198-40N/A-73N/A9/30/2019224-15N/A-76N/A6/30/201926622N/A-89N/A3/31/201921334N/A-58N/A12/31/201824037N/A-50N/A12/31/201712723N/A37N/A12/31/20167010N/AN/AN/A12/31/201541-8N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 5UXの予測収益成長が 貯蓄率 ( 1.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 5UXの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 5UXの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 5UXの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 5UXの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 5UXの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 20:22終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Midsummer AB (publ) 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Orjan RodenDNB Carnegie Commissioned Research
Breakeven Date Change • May 23Forecast to breakeven in 2024The 2 analysts covering Midsummer expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr52.0m in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Philip Gao was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 20Midsummer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 174.58302 million.Midsummer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 174.58302 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 126,509,435 Price\Range: SEK 1.38 Transaction Features: Rights Offering
お知らせ • Dec 01Midsummer AB (publ), Annual General Meeting, May 20, 2026Midsummer AB (publ), Annual General Meeting, May 20, 2026.
お知らせ • Nov 29Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 174.58302 million.Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 174.58302 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 126,509,435 Price\Range: SEK 1.38 Transaction Features: Rights Offering
お知らせ • Jun 13Midsummer AB (Publ) Approves Board ElectionsMidsummer AB (publ) at its annual general meeting on June 12, 2025 approved to new elect Per Mattson, Patrik Boman and Anna Denell, as members of the board of directors for the time until the end of the next annual general meeting. Patrik Boman, with decade-long experience as an entrepreneur and leader of companies within IT, telecom and cyber security in both public and listed environments. He held a senior position in the HiQ Group and was the CEO of the listed Cybercom Group. Mr. Boman has extensive experience from M&A, business development and international business in the IT and telecom areas. Anna Denell, Chief Sustainability Officer at Vasakronan, one of Sweden’s leading property companies, with overall responsibility for the company’s sustainability strategy. Anna Denell began her career in the property industry in the mid 90’s and joined Vasakronan in 1999. She has played a key role in founding Sweden Green Building Council, introducing green leases to the Swedish market and issuing the world’s first corporate green bond. Anna Denell is also a fellow of the Royal Academy of Engineering Sciences (IVA), a well-known presenter and lecturer in the Swedish property industry and has for the last six years been appointed “One of Sweden’s 100 most powerful environmentalists”. Per Mattsson has worked in the financial industry for over 25 years and currently holds the role of Nordic Head of Morningstar. He has extensive experience in sales, business development, operations management and financial reporting. At Morningstar, he was previously Sales Manager and previously worked at EDS and Skandia. Mr. Mattsson holds a Master of Business Administration from the Stockholm University with a focus on finance and calculation, and holds an EMBA from the Stockholm School of Economics.
お知らせ • Apr 10Midsummer Receives Grant of EUR 2.8 Million from the Ministry of University and Research to Develop Tandem Solar CellsMidsummer has been chosen by the Italian Ministry of University and Research to participate in a consortium with the aim to develop a new type of solar cell named "Quantum Dot CIGS/Perovskite Tandem". The "Quantum Dot Enhanced Lightweight Solar Cells" (QDELS) project aims to develop and validate a new production process for CIGS (Cu In Ga Se) solar cells with a tandem perovskite structure enhanced with quantum dots (QD). The ultimate objective is to develop and validate a new process to enhance the efficiency of CIGS (Cu In Ga Se) cells, surpassing conventional silicon cells in all parameters. For this purpose, Midsummer will receive a grant of approx. EUR 2.8m from the Ministry of University and Research for work and materials used in the tests. The project will run for four years starting this autumn and the total budget is EUR 7.5 million. Consorzio Hypatia and the National Research Council are the other two parties involved in the project. Midsummer has a subsidiary in Italy, Midsummer Italia, which owns and operates Europe's large facility for the production of thin film solar cells (in Bari), for which Midsummer has been awarded a total of EUR 22 million in grants from mainly the Italian investment authority Invitalia. The new R&D tandem cell project is separate from the Bari factory project and grants.
お知らせ • Nov 29Midsummer AB (publ), Annual General Meeting, Jun 12, 2025Midsummer AB (publ), Annual General Meeting, Jun 12, 2025.
Reported Earnings • Sep 01Second quarter 2024 earnings released: kr0.39 loss per share (vs kr0.55 loss in 2Q 2023)Second quarter 2024 results: kr0.39 loss per share. Revenue: kr12.2m (down 5.5% from 2Q 2023). Net loss: kr73.1m (loss widened 16% from 2Q 2023). Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • May 03First quarter 2024 earnings released: kr0.15 loss per share (vs kr0.54 loss in 1Q 2023)First quarter 2024 results: kr0.15 loss per share (improved from kr0.54 loss in 1Q 2023). Revenue: kr45.8m (up 132% from 1Q 2023). Net loss: kr19.1m (loss narrowed 48% from 1Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
New Risk • Mar 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr135m 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 (-kr135m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€33.7m market cap, or US$36.4m).
Reported Earnings • Feb 26Full year 2023 earnings released: kr2.15 loss per share (vs kr1.30 loss in FY 2022)Full year 2023 results: kr2.15 loss per share (further deteriorated from kr1.30 loss in FY 2022). Revenue: kr86.0m (up 17% from FY 2022). Net loss: kr222.2m (loss widened 153% from FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 (26% average weekly change). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr134m net loss in 3 years). Market cap is less than US$100m (€19.3m market cap, or US$20.9m).
お知らせ • Feb 02Midsummer AB (Publ) Appoints Eric Jaremalm as the New CEOMidsummer AB (publ) has decided to appoint Eric Jaremalm as the new CEO of the group. Eric Jaremalm is one of the founders of Midsummer 20 years ago and has solid experience in leading and developing international technology companies. Eric Jaremalm founded Midsummer together with current CEO Sven Lindström in 2004 and has since held leading roles within the company, including as Executive Vice President, COO and CFO. In addition to having contributed to building Midsummer into a leading global player in the thin film solar cell industry, Eric Jaremalm has worked with sales and development at the technology company Mycronic for just over five years (based in Japan). He has been found by the company’s Board to be the most suitable person to lead Midsummer in the upcoming international expansion with a greater focus on commercial development and internationalization of the business. This includes the opening of a new 50 MW factory in Italy and a 200 MW factory in Sweden. CEO Sven Lindström announced at the beginning of October that he intends to step down as CEO but to continue at Midsummer as Executive Vice President, Manager of Business Development and Manager of the product portfolio. In addition to his position as Chairman of the Board, Robert Sjöström has been asked by the Board to also support the company's management regarding operational issues, including those focused on market and sales.
Recent Insider Transactions • Jan 16Co-Founder recently sold €98k worth of stockOn the 12th of January, Sven Lindström sold around 1m shares on-market at roughly €0.096 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sven's only on-market trade for the last 12 months.
お知らせ • Nov 09Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.993972 million.Midsummer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.993972 million. Security Name: Shares Security Type: Common Stock Securities Offered: 77,639,967 Price\Range: SEK 0.85 Transaction Features: Rights Offering
Reported Earnings • Nov 03Third quarter 2023 earnings released: kr0.56 loss per share (vs kr0.68 loss in 3Q 2022)Third quarter 2023 results: kr0.56 loss per share. Revenue: kr16.6m (up 40% from 3Q 2022). Net loss: kr52.0m (loss widened 13% from 3Q 2022). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany.
New Risk • Sep 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: kr179m Forecast net loss in 3 years: kr110m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr110m net loss in 3 years). Market cap is less than US$100m (€19.1m market cap, or US$20.3m).
Reported Earnings • Aug 18Second quarter 2023 earnings released: kr0.83 loss per share (vs kr0.77 loss in 2Q 2022)Second quarter 2023 results: kr0.83 loss per share (further deteriorated from kr0.77 loss in 2Q 2022). Revenue: kr30.9m (up 291% from 2Q 2022). Net loss: kr56.1m (loss widened 7.7% from 2Q 2022).
Board Change • Jul 02Less than half of directors are independentFollowing 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 Lars-Ola Lundkvist was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Jun 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr119m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€26.8m market cap, or US$28.8m).
Breakeven Date Change • May 23Forecast to breakeven in 2024The 2 analysts covering Midsummer expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr52.0m in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
お知らせ • May 11Midsummer AB (publ) has completed a Composite Units Offering in the amount of SEK 277.59978 million.Midsummer AB (publ) has completed a Composite Units Offering in the amount of SEK 277.59978 million. Security Name: Unit Security Type: Equity/Derivative Unit Securities Offered: 15,000,000 Price\Range: SEK 12 Transaction Features: Rights Offering
Reported Earnings • Feb 26Full year 2022 earnings released: kr1.42 loss per share (vs kr2.18 loss in FY 2021)Full year 2022 results: kr1.42 loss per share (improved from kr2.18 loss in FY 2021). Revenue: kr175.8m (up 47% from FY 2021). Net loss: kr95.9m (loss narrowed 26% from FY 2021). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany.
お知らせ • Dec 24Midsummer AB (publ) announced that it has received SEK 20.399993 million in funding from Murel Investment Construction Co.Midsummer AB (publ) announced that it has raised 1,658,536 shares at an issue price of SEK 12.30 for the gross proceeds of SEK 20,399,993 on December 22, 2022. The transaction included participation from new investor Murel Investment Construction Co.
Reported Earnings • Nov 19Third quarter 2022 earnings released: kr0.68 loss per share (vs kr0.32 loss in 3Q 2021)Third quarter 2022 results: kr0.68 loss per share (further deteriorated from kr0.32 loss in 3Q 2021). Revenue: kr20.8m (down 68% from 3Q 2021). Net loss: kr46.1m (loss widened 143% from 3Q 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.
お知らせ • Nov 12+ 4 more updatesMidsummer AB (publ) to Report Q3, 2023 Results on Nov 01, 2023Midsummer AB (publ) announced that they will report Q3, 2023 results on Nov 01, 2023
Reported Earnings • Apr 28Full year 2021 earnings released: kr2.18 loss per share (vs kr2.65 loss in FY 2020)Full year 2021 results: kr2.18 loss per share. Revenue: kr119.3m (up 25% from FY 2020). Net loss: kr129.5m (loss widened 40% from FY 2020). Over the next year, revenue is forecast to grow 48%, compared to a 15% growth forecast for the industry in Germany.
Reported Earnings • Nov 03Third quarter 2021 earnings released: kr0.32 loss per share (vs kr1.19 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr66.1m (up kr57.3m from 3Q 2020). Net loss: kr18.9m (loss narrowed 49% from 3Q 2020).
Reported Earnings • Sep 03Second quarter 2021 earnings released: kr0.64 loss per share (vs kr0.57 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: kr21.8m (down 38% from 2Q 2020). Net loss: kr37.7m (loss widened 114% from 2Q 2020).
Reported Earnings • May 21First quarter 2021 earnings released: kr0.46 loss per share (vs kr0.021 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr21.5m (down 46% from 1Q 2020). Net loss: kr27.3m (down kr28.0m from profit in 1Q 2020).
Reported Earnings • Apr 21Full year 2020 earnings released: kr2.65 loss per share (vs kr1.30 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: kr95.5m (down 52% from FY 2019). Net loss: kr92.3m (loss widened 129% from FY 2019).
Reported Earnings • Feb 27Full year 2020 earnings released: kr2.65 loss per share (vs kr1.30 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: kr110.3m (down 44% from FY 2019). Net loss: kr92.3m (loss widened 129% from FY 2019).
お知らせ • Dec 18Midsummer Appoints Nominating CommitteeMidsummer has appointed members of the nominating committee for the company's annual general meeting in 2021. The nominating committee has been appointed in consultation with the five shareholders or shareholder groups by voting rights - who have expressed a desire to appoint a member to the nominating committee - according to shareholder data from Euroclear Sweden as per December 2, 2020 and other reliable shareholder information in accordance with the decision by the AGM. Chairman of the nominating committee is Peter Lindell, appointed by Cidro Förvaltning AB. The other members are Philip Gao, who represents his own and related parties' shareholdings, Sven Lindström, who is appointed by founders and shareholders who are employees of Midsummer, Jan Lombach, Chairman of the Board, who represents his own shareholdings, and Oskar Börjesson, appointed by Skandia fonder. Midsummer's CEO Sven Lindström being a member of the nominating committee is a deviation from the Swedish Corporate Governance Code. According to the Corporate Governance Code, the CEO should normally not be a member of the nominating committee. The reason for Midsummer deviating from the code in this respect, is that the company has changed its business model and that this necessitates new competencies into the Board. It is therefore important that the CEO is deeply involved in this year's nominating committee. In addition, Sven Lindström represents the third shareholder group in the company. The nominating committee has been appointed somewhat later than what follows from the Swedish Corporate Governance Code and the company's rules for the appointment of the nominating committee. It was concluded more appropriate to await the outcome of the recent share issues and consequent changes in the company's ownership structure so that a nominating committee representing the current ownership structure could be appointed. The decision to wait with the appointment of the new nominating committee was made in consultation with the previous nominating committee.