View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNetmore Group 将来の成長Future 基準チェック /26Netmore Group収益と収益がそれぞれ年間56.4%と26.4%増加すると予測されています。主要情報56.4%収益成長率n/aEPS成長率Wireless Telecom 収益成長47.3%収益成長率26.4%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日31 Oct 2023今後の成長に関する最新情報Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.お知らせ • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.お知らせ • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.お知らせ • Feb 07Netmore Group AB (publ) (OM:NETM B) acquired Senet, Inc.Netmore Group AB (publ) (OM:NETM B) acquired Senet, Inc. on February 6, 2024. Q Advisors acted as the exclusive financial advisor to Senet. Redeye AB is the Netmore Group's certified adviser.Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Senet, Inc. on February 6, 2024.お知らせ • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€27.0m market cap, or US$29.2m).Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe.New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (€26.9m market cap, or US$29.0m).Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe.Reported Earnings • Feb 18Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021).お知らせ • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe.お知らせ • Aug 26Netmore Group AB (Publ) Announces CFO ChangesNetmore Group AB (publ) announced that CFO Thomas Plate is stepping down, in a joint agreement with the company. Peter Magnusson, who worked previously as CFO of nShift, was named his successor from September 1, 2022.Reported Earnings • May 16First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr13.4m (up 16% from 1Q 2021). Net loss: kr16.1m (loss narrowed 25% from 1Q 2021). Over the next year, revenue is forecast to grow 37%, compared to a 1.7% growth forecast for the industry in Germany.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 20Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Germany.Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020).お知らせ • Sep 19Netmore Launches IoT Marketplace that Presents 30 Turnkey SolutionsNetmore Group launched a marketplace for players within IoT. The marketplace gathers and presents turnkey solutions in a wide range of application areas from a growing number of international service developers, sensor manufacturers and platform developers. Netmore's nationwide LoRaWAN supplies the units in the various solutions with reliable and cost-effective connectivity and guarantees coverage for large-scale projects. At the time of launch, Netmore IoT Market offers over 30 ready-made IoT solutions in areas such as water, heating, parking, air quality and tracking. The applications and solutions presented have been developed by the more than 70 different companies and organizations that are already connected to the marketplace. Below is a selection of the current offer on the marketplace: H2OIoT: Water Consumption & Supervision - Reduce water consumption in property portfolio by visualizing water consumption down to the individual level. Reduces costs and increases resource efficiency.; Bintel Fill level measurement in Molok and UWS containers - Switch to demand-controlled emptying of waste by optimizing emptying routes. Reduces costs and reduces climate impact.; Talkpool Indoor Air Quality Solution - Ensure the right air quality in, for example, schools and offices. Counteracts the spread of covid-19. Present ready-made IoT solutions or offer sensors, meters, and other devices to potential buyers Netmore offers and encourages established and new service developers, sensor manufacturers and other IoT players to present their solutions and offers in the marketplace, and thereby strengthen their position in the emerging international IoT landscape, where more and more cities, municipalities, industries and property owners see the concrete benefits of digitization. Great efficiency gains to be reaped for municipalities, private companies, and real estate companies The ongoing digitalisation journey that is taking place in municipalities, cities, industries, and properties, among others, is judged to have very great potential for creating efficiency gains and competitive advantages in many application areas. Data collected with the help of IoT can already be used to, for example, enable energy savings, minimize resource use and waste, track goods and optimize and plan logistics chains. Netmore brings together the players in the IoT market to market and make visible the great opportunities that exist, so that more companies, municipalities, and organizations can improve their operations through digitization.Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020).Recent Insider Transactions • Jul 01Chief Product Officer recently sold €80k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly €0.15 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • May 20First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020).お知らせ • May 14Buildroid Invest AB made an offer to acquire remaining Series B shares of Netmore Group AB (publ) (OM:NETM B).Buildroid Invest AB made an offer to acquire remaining Series B shares of Netmore Group AB (publ) (OM:NETM B) on May 11, 2021. As per terms of transaction, Buildroid Invest AB will pay SEK 1.5 for each share as well as the convertible bonds at 100 percent of the nominal amount plus accrued interest. The acceptance deadline is June 25, 2021.お知らせ • Mar 05Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Nordic Iot Networks Ab from TalkPool AB.Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million on December 30, 2020. Under the terms, Netmore Group AB will satisfy the consideration with the issue of SEK 3.5 million worth shares and SEK 4 million debt. The transaction will take place on February 15, 2021. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Nordic Iot Networks Ab from TalkPool AB on March 4, 2021.お知らせ • Feb 10Niam Chooses Netmore's Turnkey 5G Solution for Rollout of Open 5G Infrastructure in Its Nordic Property PortfolioNiam chooses Netmore as its 5G operator when they begin the implementation of open 5G infrastructure for indoor use in their properties. Netmore delivers a turnkey 5G solution without any need for CAPEX investments or operation and maintenance work for the property owner (5G-as-a-service). The solution enables property owners to use the technology themselves, while mobile operators can use the infrastructure and offer 5G services at the location. By doing so, Niam and Netmore initiate an extensive venture that begins with a pilot in Niam's properties in one of Stockholm's new districts (Värtahamnen), along with selected properties in the other Nordic countries. Following this, the ambition is to establish the open 5G technology throughout large parts of Niam's property portfolio in the Nordic region. Because Niam's property portfolio is equipped with Netmore's 5G solution, it also means that the properties will be connected to Netmore's property network and will therefore take part of Netmore's complete property offer. The flagship product, Netmore Proptech Node, is installed in each property, thereby giving property owners and property managers full control and access to their digital environment. With the help of the node, a foundation is laid for secure, digitized and efficient property management. In addition to 5G compatibility, Netmore Proptech Node also offers support for fiber connections, Wi-Fi and LoRaWAN. Netmore's turnkey 5G offer to property owners is specifically designed to suit the particular conditions that arise when establishing the new technology on a large scale. The secure solution is adapted to extensive rollouts at high speed and does not require CAPEX investments. Additionally, Netmore introduces a transparent pricing model for all stakeholders using the infrastructure. Furthermore, the maintenance and management of the network is carried out by Netmore, which in its role as operator of 5G networks in real estate, ensures that the technology is of the highest quality and is adapted to the various needs arising from 5G technology usage.お知らせ • Jan 01Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million on December 30, 2020. Under the terms, Netmore Group AB will satisfy the consideration with the issue of SEK 3.5 million worth shares and SEK 4 million debt. The transaction will take place on February 15, 2021.業績と収益の成長予測DB:98B - 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12/31/2024113-21N/A-5112/31/202384-42N/A-5519/30/202384-46-63-60N/A6/30/202368-46-61-57N/A3/31/202359-32-58-54N/A12/31/202254-67-58-54N/A9/30/202248-61-64-54N/A6/30/202249-62-64-54N/A3/31/202249-65-56-49N/A12/31/202148-71-60-51N/A9/30/202147-77-81-44N/A6/30/202147-75-82-45N/A3/31/202147-71-86-46N/A12/31/202042-60-76-39N/A9/30/202038-50-44-38N/A6/30/202033-38-45-39N/A12/31/201919-23-28-22N/A9/30/201912-24-16-15N/A6/30/20195-28-13-12N/A3/31/20194-31-9-9N/A12/31/20183-30-15-15N/A9/30/20184-25-19-18N/A6/30/20185-25-18-17N/A3/31/20186-25-27-26N/A12/31/20179-23-23-22N/A12/31/20165-16N/A6N/A4/30/20163-8N/A-9N/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: 98B今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 98B今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: 98B今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 98Bの収益 ( 26.4% ) German市場 ( 6.5% ) よりも速いペースで成長すると予測されています。高い収益成長: 98Bの収益 ( 26.4% ) 20%よりも速いペースで成長すると予測されています。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: 98B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7D1Y7D1Y7D1YTelecom 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2024/03/01 07:34終値2024/03/01 00:00収益2023/09/30年間収益2022/12/31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Netmore Group AB (publ) 1 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。2 アナリスト機関Bertil NilssonCarlsquare ABForbes GoldmanRedeye
Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.
Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
お知らせ • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.
お知らせ • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.
お知らせ • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.
お知らせ • Feb 07Netmore Group AB (publ) (OM:NETM B) acquired Senet, Inc.Netmore Group AB (publ) (OM:NETM B) acquired Senet, Inc. on February 6, 2024. Q Advisors acted as the exclusive financial advisor to Senet. Redeye AB is the Netmore Group's certified adviser.Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Senet, Inc. on February 6, 2024.
お知らせ • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.
Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.
Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€27.0m market cap, or US$29.2m).
Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe.
New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (€26.9m market cap, or US$29.0m).
Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe.
Reported Earnings • Feb 18Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021).
お知らせ • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.
Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe.
お知らせ • Aug 26Netmore Group AB (Publ) Announces CFO ChangesNetmore Group AB (publ) announced that CFO Thomas Plate is stepping down, in a joint agreement with the company. Peter Magnusson, who worked previously as CFO of nShift, was named his successor from September 1, 2022.
Reported Earnings • May 16First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr13.4m (up 16% from 1Q 2021). Net loss: kr16.1m (loss narrowed 25% from 1Q 2021). Over the next year, revenue is forecast to grow 37%, compared to a 1.7% growth forecast for the industry in Germany.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 20Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Germany.
Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020).
お知らせ • Sep 19Netmore Launches IoT Marketplace that Presents 30 Turnkey SolutionsNetmore Group launched a marketplace for players within IoT. The marketplace gathers and presents turnkey solutions in a wide range of application areas from a growing number of international service developers, sensor manufacturers and platform developers. Netmore's nationwide LoRaWAN supplies the units in the various solutions with reliable and cost-effective connectivity and guarantees coverage for large-scale projects. At the time of launch, Netmore IoT Market offers over 30 ready-made IoT solutions in areas such as water, heating, parking, air quality and tracking. The applications and solutions presented have been developed by the more than 70 different companies and organizations that are already connected to the marketplace. Below is a selection of the current offer on the marketplace: H2OIoT: Water Consumption & Supervision - Reduce water consumption in property portfolio by visualizing water consumption down to the individual level. Reduces costs and increases resource efficiency.; Bintel Fill level measurement in Molok and UWS containers - Switch to demand-controlled emptying of waste by optimizing emptying routes. Reduces costs and reduces climate impact.; Talkpool Indoor Air Quality Solution - Ensure the right air quality in, for example, schools and offices. Counteracts the spread of covid-19. Present ready-made IoT solutions or offer sensors, meters, and other devices to potential buyers Netmore offers and encourages established and new service developers, sensor manufacturers and other IoT players to present their solutions and offers in the marketplace, and thereby strengthen their position in the emerging international IoT landscape, where more and more cities, municipalities, industries and property owners see the concrete benefits of digitization. Great efficiency gains to be reaped for municipalities, private companies, and real estate companies The ongoing digitalisation journey that is taking place in municipalities, cities, industries, and properties, among others, is judged to have very great potential for creating efficiency gains and competitive advantages in many application areas. Data collected with the help of IoT can already be used to, for example, enable energy savings, minimize resource use and waste, track goods and optimize and plan logistics chains. Netmore brings together the players in the IoT market to market and make visible the great opportunities that exist, so that more companies, municipalities, and organizations can improve their operations through digitization.
Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020).
Recent Insider Transactions • Jul 01Chief Product Officer recently sold €80k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly €0.15 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • May 20First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020).
お知らせ • May 14Buildroid Invest AB made an offer to acquire remaining Series B shares of Netmore Group AB (publ) (OM:NETM B).Buildroid Invest AB made an offer to acquire remaining Series B shares of Netmore Group AB (publ) (OM:NETM B) on May 11, 2021. As per terms of transaction, Buildroid Invest AB will pay SEK 1.5 for each share as well as the convertible bonds at 100 percent of the nominal amount plus accrued interest. The acceptance deadline is June 25, 2021.
お知らせ • Mar 05Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Nordic Iot Networks Ab from TalkPool AB.Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million on December 30, 2020. Under the terms, Netmore Group AB will satisfy the consideration with the issue of SEK 3.5 million worth shares and SEK 4 million debt. The transaction will take place on February 15, 2021. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Nordic Iot Networks Ab from TalkPool AB on March 4, 2021.
お知らせ • Feb 10Niam Chooses Netmore's Turnkey 5G Solution for Rollout of Open 5G Infrastructure in Its Nordic Property PortfolioNiam chooses Netmore as its 5G operator when they begin the implementation of open 5G infrastructure for indoor use in their properties. Netmore delivers a turnkey 5G solution without any need for CAPEX investments or operation and maintenance work for the property owner (5G-as-a-service). The solution enables property owners to use the technology themselves, while mobile operators can use the infrastructure and offer 5G services at the location. By doing so, Niam and Netmore initiate an extensive venture that begins with a pilot in Niam's properties in one of Stockholm's new districts (Värtahamnen), along with selected properties in the other Nordic countries. Following this, the ambition is to establish the open 5G technology throughout large parts of Niam's property portfolio in the Nordic region. Because Niam's property portfolio is equipped with Netmore's 5G solution, it also means that the properties will be connected to Netmore's property network and will therefore take part of Netmore's complete property offer. The flagship product, Netmore Proptech Node, is installed in each property, thereby giving property owners and property managers full control and access to their digital environment. With the help of the node, a foundation is laid for secure, digitized and efficient property management. In addition to 5G compatibility, Netmore Proptech Node also offers support for fiber connections, Wi-Fi and LoRaWAN. Netmore's turnkey 5G offer to property owners is specifically designed to suit the particular conditions that arise when establishing the new technology on a large scale. The secure solution is adapted to extensive rollouts at high speed and does not require CAPEX investments. Additionally, Netmore introduces a transparent pricing model for all stakeholders using the infrastructure. Furthermore, the maintenance and management of the network is carried out by Netmore, which in its role as operator of 5G networks in real estate, ensures that the technology is of the highest quality and is adapted to the various needs arising from 5G technology usage.
お知らせ • Jan 01Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) agreed to acquire Nordic Iot Networks Ab from TalkPool AB for SEK 7.5 million on December 30, 2020. Under the terms, Netmore Group AB will satisfy the consideration with the issue of SEK 3.5 million worth shares and SEK 4 million debt. The transaction will take place on February 15, 2021.