お知らせ • Apr 23
Lightning Group AB to Report Q1, 2026 Results on May 22, 2026 Lightning Group AB announced that they will report Q1, 2026 results on May 22, 2026 お知らせ • Jan 22
Lightning Group AB to Report Fiscal Year 2025 Results on Feb 20, 2026 Lightning Group AB announced that they will report fiscal year 2025 results on Feb 20, 2026 お知らせ • Oct 09
Lightning Group AB to Report Q3, 2025 Results on Nov 07, 2025 Lightning Group AB announced that they will report Q3, 2025 results on Nov 07, 2025 お知らせ • Jul 24
Lightning Group AB to Report Q2, 2025 Results on Aug 22, 2025 Lightning Group AB announced that they will report Q2, 2025 results on Aug 22, 2025 New Risk • May 19
New major risk - Revenue and earnings growth Earnings have declined by 8.8% 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 Earnings have declined by 8.8% per year over the past 5 years. Market cap is less than US$10m (kr18.0m market cap, or US$1.84m). お知らせ • May 12
Lightning Group AB (NGM:LIGR) signed an agreement to acquire MaSeTek AB for SEK 29 million. Lightning Group AB (NGM:LIGR) signed an agreement to acquire MaSeTek AB for SEK 29 million on May 12, 2025.The acquisition amounts to a fixed purchase price of SEK 18 million plus a potential additional purchase price of a maximum of SEK 11 million, totaling a maximum of SEK 29 million. The acquisition is financed 50% via a rights issue fully guaranteed by one of the major shareholders and 50% via loans.
The existing management of MaSeTek will remain for six months to ensure a structured and organized handover to the new owners. Recruitment of a new CEO for MaSeTek is ongoing and is expected that the new CEO will be in place by August 1, 2025, provided the usual conditions are met the transaction is expected to close by July 1, 2025. お知らせ • Apr 16
Lightning Group AB to Report Q1, 2025 Results on May 15, 2025 Lightning Group AB announced that they will report Q1, 2025 results on May 15, 2025 Reported Earnings • Feb 15
Full year 2024 earnings released: kr0.28 loss per share (vs kr0.10 loss in FY 2023) Full year 2024 results: kr0.28 loss per share (further deteriorated from kr0.10 loss in FY 2023). Revenue: kr50.3m (down 3.6% from FY 2023). Net loss: kr4.99m (loss widened 170% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. お知らせ • Jan 15
Lightning Group AB to Report Fiscal Year 2024 Results on Feb 13, 2025 Lightning Group AB announced that they will report fiscal year 2024 results on Feb 13, 2025 Reported Earnings • Nov 11
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr10.5m (up 1.8% from 3Q 2023). Net loss: kr1.36m (loss widened 53% from 3Q 2023). お知らせ • Oct 10
Lightning Group AB to Report Q3, 2024 Results on Nov 08, 2024 Lightning Group AB announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr12.9m (up 7.9% from 2Q 2023). Net loss: kr2.51m (loss widened 173% from 2Q 2023). お知らせ • Jul 25
Lightning Group AB to Report First Half, 2024 Results on Aug 23, 2024 Lightning Group AB announced that they will report first half, 2024 results on Aug 23, 2024 Board Change • Jun 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. No independent directors (4 non-independent directors). Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. お知らせ • Jan 18
Vadsbo SwitchTech Group AB (publ) to Report Fiscal Year 2023 Results on Feb 16, 2024 Vadsbo SwitchTech Group AB (publ) announced that they will report fiscal year 2023 results on Feb 16, 2024 Board Change • Nov 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Oct 12
Vadsbo SwitchTech Group AB (publ) to Report Q3, 2023 Results on Nov 10, 2023 Vadsbo SwitchTech Group AB (publ) announced that they will report Q3, 2023 results on Nov 10, 2023 Board Change • Sep 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr12.2m (up 7.8% from 2Q 2022). Net loss: kr920.0k (loss widened 40% from 2Q 2022). お知らせ • Jul 28
Vadsbo SwitchTech Group AB (publ) to Report Q2, 2023 Results on Aug 25, 2023 Vadsbo SwitchTech Group AB (publ) announced that they will report Q2, 2023 results on Aug 25, 2023 Board Change • Jul 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 22
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr12.7m (up 54% from 1Q 2022). Net loss: kr592.0k (loss narrowed 8.2% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 20
Full year 2022 earnings released: kr0.012 loss per share (vs kr0.16 profit in FY 2021) Full year 2022 results: kr0.012 loss per share (down from kr0.16 profit in FY 2021). Revenue: kr46.6m (up 19% from FY 2021). Net loss: kr200.0k (down 109% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. お知らせ • Jan 19
Vadsbo SwitchTech Group AB (publ) to Report Fiscal Year 2022 Results on Feb 17, 2023 Vadsbo SwitchTech Group AB (publ) announced that they will report fiscal year 2022 results on Feb 17, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr11.3m (up 6.2% from 2Q 2021). Net loss: kr659.0k (down 426% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr3.16, the stock trades at a trailing P/E ratio of 50.6x. Average trailing P/E is 25x in the Semiconductor industry in Europe. Total loss to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 16% share price gain to kr3.60, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 25x in the Semiconductor industry in Europe. Total returns to shareholders of 2.3% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr3.02, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 23x in the Semiconductor industry in Europe. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 22% share price gain to kr4.34, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 25x in the Semiconductor industry in Europe. Total loss to shareholders of 9.6% over the past three years. Reported Earnings • Apr 30
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr8.26m (down 9.6% from 1Q 2021). Net loss: kr645.0k (down 222% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Karl Nordlund was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: kr0.16 (vs kr0.085 loss in FY 2020) Full year 2021 results: EPS: kr0.16 (up from kr0.085 loss in FY 2020). Revenue: kr39.0m (up 3.9% from FY 2020). Net income: kr2.26m (up kr3.49m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 18% share price gain to kr3.99, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 29x in the Semiconductor industry in Europe. Total returns to shareholders of 8.4% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 17% share price gain to kr4.58, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 28x in the Semiconductor industry in Europe. Total returns to shareholders of 6.5% over the past three years. Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.16 (up from kr0.085 loss in FY 2020). Revenue: kr39.6m (up 5.4% from FY 2020). Net income: kr2.26m (up kr3.49m from FY 2020). Profit margin: 5.7% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr7.41m (up 1.9% from 3Q 2020). Net loss: kr203.0k (loss narrowed 49% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS kr0.014 (vs kr0.006 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr10.8m (up 28% from 2Q 2020). Net income: kr202.0k (up kr287.0k from 2Q 2020). Profit margin: 1.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • May 26
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr9.21m (up 6.5% from 1Q 2020). Net income: kr528.0k (up kr676.0k from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 11
New 90-day high: kr3.68 The company is up 31% from its price of kr2.80 on 10 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is flat over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: kr3.42 The company is up 27% from its price of kr2.70 on 28 October 2020. The Swedish market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 19% over the same period. Is New 90 Day High Low • Dec 06
New 90-day low: kr2.48 The company is down 14% from its price of kr2.90 on 07 September 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 33% over the same period.