お知らせ • May 27
Qlosr Group AB (publ), Annual General Meeting, Jun 30, 2025 Qlosr Group AB (publ), Annual General Meeting, Jun 30, 2025, at 10:00 W. Europe Standard Time. Location: at born advokaters premises, strandvagen 7a, 102 45 stockholm Sweden Reported Earnings • Sep 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr131.6m (down 17% from 2Q 2023). Net loss: kr27.3m (loss widened 118% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. New Risk • May 27
New major risk - Negative shareholders equity The company has negative equity. Total equity: -kr18m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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). Negative equity (-kr18m). Market cap is less than US$10m (€4.18m market cap, or US$4.54m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr16m net loss in 2 years). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Reported Earnings • May 27
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr179.5m (up 33% from 1Q 2023). Net loss: kr21.0m (loss widened 87% from 1Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Reported Earnings • Feb 27
Full year 2023 earnings released: kr1.35 loss per share (vs kr0.82 loss in FY 2022) Full year 2023 results: kr1.35 loss per share (further deteriorated from kr0.82 loss in FY 2022). Revenue: kr600.2m (up 25% from FY 2022). Net loss: kr78.3m (loss widened 66% from FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Germany. New Risk • Feb 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.57m (US$9.28m) 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). Market cap is less than US$10m (€8.57m market cap, or US$9.28m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr20m). Currently unprofitable and not forecast to become profitable over next 2 years (kr4.8m net loss in 2 years). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). New Risk • Jan 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.13m (US$9.91m) 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). Market cap is less than US$10m (€9.13m market cap, or US$9.91m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr20m). Currently unprofitable and not forecast to become profitable over next 2 years (kr3.3m net loss in 2 years). New Risk • Dec 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.02m (US$9.74m) 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 (11% average weekly change). Market cap is less than US$10m (€9.02m market cap, or US$9.74m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr20m). Currently unprofitable and not forecast to become profitable over next 2 years (kr3.3m net loss in 2 years). Reported Earnings • Nov 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr132.2m (up 6.3% from 3Q 2022). Net loss: kr16.8m (loss narrowed 43% from 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. New Risk • Nov 04
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 German stocks, typically moving 8.8% 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 Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr34m). Currently unprofitable and not forecast to become profitable over next 2 years (kr7.0m net loss in 2 years). Market cap is less than US$100m (€15.4m market cap, or US$16.5m). Reported Earnings • Aug 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr165.6m (up 40% from 2Q 2022). Net loss: kr12.5m (loss widened 23% from 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany. New Risk • Aug 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.08% 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 Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€20.1m market cap, or US$21.7m).