View Future GrowthB3 Consulting Group 過去の業績過去 基準チェック /16B3 Consulting Groupの収益は年間平均-4.4%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間10.4% 6.2%割合で 増加しています。 B3 Consulting Groupの自己資本利益率は3.4%であり、純利益率は0.5%です。主要情報-4.43%収益成長率-5.12%EPS成長率IT 業界の成長17.66%収益成長率6.17%株主資本利益率3.36%ネット・マージン0.45%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 05First quarter 2026 earnings released: EPS: kr0.12 (vs kr0.72 in 1Q 2025)First quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.Reported Earnings • Feb 21Full year 2025 earnings released: EPS: kr1.20 (vs kr9.57 in FY 2024)Full year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 25Third quarter 2025 earnings released: kr0.29 loss per share (vs kr8.35 profit in 3Q 2024)Third quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: kr0.033 (vs kr0.61 in 2Q 2024)Second quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: kr0.73 (vs kr0.64 in 1Q 2024)First quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.Reported Earnings • Feb 21Full year 2024 earnings released: EPS: kr9.56 (vs kr7.12 in FY 2023)Full year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the IT industry in the United Kingdom.すべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: EPS: kr0.12 (vs kr0.72 in 1Q 2025)First quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr29.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the IT industry in the United Kingdom. Total loss to shareholders of 78% over the past three years.お知らせ • Apr 12B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026, at 14:00 W. Europe Standard Time. Location: company premises at wallingatan 2, 111 60, stockholm SwedenReported Earnings • Feb 21Full year 2025 earnings released: EPS: kr1.20 (vs kr9.57 in FY 2024)Full year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.New Risk • Oct 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (kr405.5m market cap, or US$43.2m).Reported Earnings • Oct 25Third quarter 2025 earnings released: kr0.29 loss per share (vs kr8.35 profit in 3Q 2024)Third quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Sep 05Business Area Manager for Digital recently bought kr51k worth of stockOn the 2nd of September, Anders Nilsson bought around 970 shares on-market at roughly kr52.70 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr219k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Aug 13Insider recently bought kr75k worth of stockOn the 11th of August, Fredrik Dolleus bought around 1k shares on-market at roughly kr53.59 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr253k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jul 18President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months.Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: kr0.033 (vs kr0.61 in 2Q 2024)Second quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (kr544.0m market cap, or US$55.8m).Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: kr0.73 (vs kr0.64 in 1Q 2024)First quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.お知らせ • Apr 03B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025, at 14:00 W. Europe Standard Time. Location: at wallingatan 2, 111 60 stockholm SwedenReported Earnings • Feb 21Full year 2024 earnings released: EPS: kr9.56 (vs kr7.12 in FY 2023)Full year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the IT industry in the United Kingdom.お知らせ • Feb 20B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million.B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million on February 19, 2025. A cash consideration of NOK 15.8 million will be paid by B3 Consulting Group AB (publ). As part of consideration, NOK 15.8 million is paid towards common equity of Habberstad As. The company will remain intact with current management, branding and own internal functions. No cost initiatives will be taken. For the period ending December 31, 2024, Habberstad As reported total revenue of NOK 78.6 million and EBIT of NOK 5.6 million.New Risk • Dec 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.9% 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr677.9m market cap, or US$61.7m).Upcoming Dividend • Nov 06Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 19 November 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.3%).New Risk • Oct 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr728.0m market cap, or US$68.5m).Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr8.65 (vs kr1.05 in 3Q 2023)Third quarter 2024 results: EPS: kr8.65 (up from kr1.05 in 3Q 2023). Revenue: kr245.3m (up 9.9% from 3Q 2023). Net income: kr74.3m (up kr65.1m from 3Q 2023). Profit margin: 30% (up from 4.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.Recent Insider Transactions • Aug 21Manager of Communications & IR recently bought kr86k worth of stockOn the 16th of August, Katarina Lundqvist bought around 1k shares on-market at roughly kr85.59 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr403k more in shares than they have sold in the last 12 months.Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: kr0.62 (vs kr1.68 in 2Q 2023)Second quarter 2024 results: EPS: kr0.62 (down from kr1.68 in 2Q 2023). Revenue: kr266.4m (down 11% from 2Q 2023). Net income: kr5.20m (down 64% from 2Q 2023). Profit margin: 2.0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in the United Kingdom.お知らせ • Jul 10B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.Pareto Securities AB acted as Financial Advisor to Webstep AS. B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS on July 9, 2024.お知らせ • May 25B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 51 million.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr0.63 (vs kr3.41 in 1Q 2023)First quarter 2024 results: EPS: kr0.63 (down from kr3.41 in 1Q 2023). Revenue: kr281.9m (down 13% from 1Q 2023). Net income: kr5.30m (down 82% from 1Q 2023). Profit margin: 1.9% (down from 8.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in the United Kingdom.Recent Insider Transactions • Feb 23Manager of Communications & IR recently bought kr101k worth of stockOn the 16th of February, Katarina Lundqvist bought around 1k shares on-market at roughly kr84.15 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr865k more in shares than they have sold in the last 12 months.New Risk • Feb 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 68% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (68% net debt to equity). Dividend is not well covered by cash flows (113% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (kr699.8m market cap, or US$67.0m).Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr78.89, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 51% over the past year.New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr855.0m market cap, or US$81.7m).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: kr1.05 (vs kr2.17 in 3Q 2022)Third quarter 2023 results: EPS: kr1.05 (down from kr2.17 in 3Q 2022). Revenue: kr223.7m (down 5.1% from 3Q 2022). Net income: kr9.20m (down 51% from 3Q 2022). Profit margin: 4.1% (down from 7.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom.Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr1.68 (vs kr2.97 in 2Q 2022)Second quarter 2023 results: EPS: kr1.68 (down from kr2.97 in 2Q 2022). Revenue: kr299.8m (up 3.6% from 2Q 2022). Net income: kr14.4m (down 44% from 2Q 2022). Profit margin: 4.8% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in the United Kingdom.New Risk • Jun 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.07b (US$98.1m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr1.07b market cap, or US$98.1m).Recent Insider Transactions • Jun 07Chairman recently bought kr643k worth of stockOn the 2nd of June, Sverre Bjerkeli bought around 5k shares on-market at roughly kr129 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sverre has been a buyer over the last 12 months, purchasing a net total of kr44m worth in shares.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr129, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 24% over the past year.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to kr145, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr266 per share.Recent Insider Transactions • Dec 01Insider recently sold kr3.4m worth of stockOn the 23rd of November, Tommy Sarenbrant sold around 21k shares on-market at roughly kr164 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr11m. Despite this recent sale, insiders have collectively bought kr20m more than they sold in the last 12 months.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: kr2.17 (vs kr0.57 in 3Q 2021)Third quarter 2022 results: EPS: kr2.17 (up from kr0.57 in 3Q 2021). Revenue: kr235.9m (up 25% from 3Q 2021). Net income: kr18.7m (up 282% from 3Q 2021). Profit margin: 7.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in the United Kingdom.Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr2.97 (vs kr1.37 in 2Q 2021)Second quarter 2022 results: EPS: kr2.97 (up from kr1.37 in 2Q 2021). Revenue: kr289.7m (up 24% from 2Q 2021). Net income: kr25.5m (up 120% from 2Q 2021). Profit margin: 8.8% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.9%, compared to a 17% growth forecast for the industry in the United Kingdom.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to kr126, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the IT industry in the United Kingdom.Board Change • May 31High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.Board Change • May 20High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.収支内訳B3 Consulting Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史LSE:0RL1 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費31 Mar 261,191586031 Dec 251,2091190030 Sep 251,230396030 Jun 251,22180101031 Mar 251,1728591031 Dec 241,1298386030 Sep 241,0879379030 Jun 241,0652867031 Mar 241,0983775031 Dec 231,1416175030 Sep 231,1808374030 Jun 231,1929274031 Mar 231,18210368031 Dec 221,14810364030 Sep 221,0879660030 Jun 221,0418258031 Mar 229856857031 Dec 219224557030 Sep 218722656030 Jun 218462452031 Mar 218311950031 Dec 208512351030 Sep 208692261030 Jun 208821968031 Mar 208701379031 Dec 198391182030 Sep 198041677030 Jun 197781878031 Mar 197592376031 Dec 187262375030 Sep 187113072030 Jun 186902970031 Mar 186542665031 Dec 176202461030 Sep 175801855030 Jun 175501950031 Mar 175262345031 Dec 164892342030 Sep 164552342030 Jun 164362240031 Mar 164022135031 Dec 1538319320質の高い収益: 0RL1は 高品質の収益 を持っています。利益率の向上: 0RL1の現在の純利益率 (0.5%)は、昨年(7.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 0RL1の収益は過去 5 年間で年間4.4%減少しました。成長の加速: 0RL1は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 0RL1は過去 1 年間で収益成長率がマイナス ( -93.6% ) となったため、 IT業界平均 ( -10% ) と比較することが困難です。株主資本利益率高いROE: 0RL1の 自己資本利益率 ( 3.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/25 11:59終値2026/05/19 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B3 Consulting Group AB (publ) 3 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。4 アナリスト機関null nullABG Sundal Colliernull nullABG Sundal Collier SponsoredVincent EdholmPareto Securities1 その他のアナリストを表示
Reported Earnings • May 05First quarter 2026 earnings released: EPS: kr0.12 (vs kr0.72 in 1Q 2025)First quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.
Reported Earnings • Feb 21Full year 2025 earnings released: EPS: kr1.20 (vs kr9.57 in FY 2024)Full year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 25Third quarter 2025 earnings released: kr0.29 loss per share (vs kr8.35 profit in 3Q 2024)Third quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: kr0.033 (vs kr0.61 in 2Q 2024)Second quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: kr0.73 (vs kr0.64 in 1Q 2024)First quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: kr9.56 (vs kr7.12 in FY 2023)Full year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the IT industry in the United Kingdom.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: kr0.12 (vs kr0.72 in 1Q 2025)First quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr29.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the IT industry in the United Kingdom. Total loss to shareholders of 78% over the past three years.
お知らせ • Apr 12B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026, at 14:00 W. Europe Standard Time. Location: company premises at wallingatan 2, 111 60, stockholm Sweden
Reported Earnings • Feb 21Full year 2025 earnings released: EPS: kr1.20 (vs kr9.57 in FY 2024)Full year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
New Risk • Oct 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (kr405.5m market cap, or US$43.2m).
Reported Earnings • Oct 25Third quarter 2025 earnings released: kr0.29 loss per share (vs kr8.35 profit in 3Q 2024)Third quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Sep 05Business Area Manager for Digital recently bought kr51k worth of stockOn the 2nd of September, Anders Nilsson bought around 970 shares on-market at roughly kr52.70 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr219k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Aug 13Insider recently bought kr75k worth of stockOn the 11th of August, Fredrik Dolleus bought around 1k shares on-market at roughly kr53.59 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr253k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jul 18President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months.
Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: kr0.033 (vs kr0.61 in 2Q 2024)Second quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (kr544.0m market cap, or US$55.8m).
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: kr0.73 (vs kr0.64 in 1Q 2024)First quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.
お知らせ • Apr 03B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025, at 14:00 W. Europe Standard Time. Location: at wallingatan 2, 111 60 stockholm Sweden
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: kr9.56 (vs kr7.12 in FY 2023)Full year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the IT industry in the United Kingdom.
お知らせ • Feb 20B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million.B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million on February 19, 2025. A cash consideration of NOK 15.8 million will be paid by B3 Consulting Group AB (publ). As part of consideration, NOK 15.8 million is paid towards common equity of Habberstad As. The company will remain intact with current management, branding and own internal functions. No cost initiatives will be taken. For the period ending December 31, 2024, Habberstad As reported total revenue of NOK 78.6 million and EBIT of NOK 5.6 million.
New Risk • Dec 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.9% 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr677.9m market cap, or US$61.7m).
Upcoming Dividend • Nov 06Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 19 November 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.3%).
New Risk • Oct 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr728.0m market cap, or US$68.5m).
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr8.65 (vs kr1.05 in 3Q 2023)Third quarter 2024 results: EPS: kr8.65 (up from kr1.05 in 3Q 2023). Revenue: kr245.3m (up 9.9% from 3Q 2023). Net income: kr74.3m (up kr65.1m from 3Q 2023). Profit margin: 30% (up from 4.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom.
Recent Insider Transactions • Aug 21Manager of Communications & IR recently bought kr86k worth of stockOn the 16th of August, Katarina Lundqvist bought around 1k shares on-market at roughly kr85.59 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr403k more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: kr0.62 (vs kr1.68 in 2Q 2023)Second quarter 2024 results: EPS: kr0.62 (down from kr1.68 in 2Q 2023). Revenue: kr266.4m (down 11% from 2Q 2023). Net income: kr5.20m (down 64% from 2Q 2023). Profit margin: 2.0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in the United Kingdom.
お知らせ • Jul 10B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.Pareto Securities AB acted as Financial Advisor to Webstep AS. B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS on July 9, 2024.
お知らせ • May 25B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 51 million.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: kr0.63 (vs kr3.41 in 1Q 2023)First quarter 2024 results: EPS: kr0.63 (down from kr3.41 in 1Q 2023). Revenue: kr281.9m (down 13% from 1Q 2023). Net income: kr5.30m (down 82% from 1Q 2023). Profit margin: 1.9% (down from 8.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in the United Kingdom.
Recent Insider Transactions • Feb 23Manager of Communications & IR recently bought kr101k worth of stockOn the 16th of February, Katarina Lundqvist bought around 1k shares on-market at roughly kr84.15 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr865k more in shares than they have sold in the last 12 months.
New Risk • Feb 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 68% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (68% net debt to equity). Dividend is not well covered by cash flows (113% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (kr699.8m market cap, or US$67.0m).
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr78.89, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 51% over the past year.
New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr855.0m market cap, or US$81.7m).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: kr1.05 (vs kr2.17 in 3Q 2022)Third quarter 2023 results: EPS: kr1.05 (down from kr2.17 in 3Q 2022). Revenue: kr223.7m (down 5.1% from 3Q 2022). Net income: kr9.20m (down 51% from 3Q 2022). Profit margin: 4.1% (down from 7.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom.
Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr1.68 (vs kr2.97 in 2Q 2022)Second quarter 2023 results: EPS: kr1.68 (down from kr2.97 in 2Q 2022). Revenue: kr299.8m (up 3.6% from 2Q 2022). Net income: kr14.4m (down 44% from 2Q 2022). Profit margin: 4.8% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in the United Kingdom.
New Risk • Jun 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.07b (US$98.1m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr1.07b market cap, or US$98.1m).
Recent Insider Transactions • Jun 07Chairman recently bought kr643k worth of stockOn the 2nd of June, Sverre Bjerkeli bought around 5k shares on-market at roughly kr129 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sverre has been a buyer over the last 12 months, purchasing a net total of kr44m worth in shares.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr129, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 24% over the past year.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to kr145, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr266 per share.
Recent Insider Transactions • Dec 01Insider recently sold kr3.4m worth of stockOn the 23rd of November, Tommy Sarenbrant sold around 21k shares on-market at roughly kr164 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr11m. Despite this recent sale, insiders have collectively bought kr20m more than they sold in the last 12 months.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: kr2.17 (vs kr0.57 in 3Q 2021)Third quarter 2022 results: EPS: kr2.17 (up from kr0.57 in 3Q 2021). Revenue: kr235.9m (up 25% from 3Q 2021). Net income: kr18.7m (up 282% from 3Q 2021). Profit margin: 7.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in the United Kingdom.
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr2.97 (vs kr1.37 in 2Q 2021)Second quarter 2022 results: EPS: kr2.97 (up from kr1.37 in 2Q 2021). Revenue: kr289.7m (up 24% from 2Q 2021). Net income: kr25.5m (up 120% from 2Q 2021). Profit margin: 8.8% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.9%, compared to a 17% growth forecast for the industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to kr126, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the IT industry in the United Kingdom.
Board Change • May 31High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.
Board Change • May 20High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.