View Past PerformanceBinero Group バランスシートの健全性財務の健全性 基準チェック /46Binero Groupの総株主資本はSEK121.7M 、総負債はSEK52.5Mで、負債比率は43.1%となります。総資産と総負債はそれぞれSEK403.6MとSEK281.9Mです。主要情報43.14%負債資本比率SEK 52.50m負債インタレスト・カバレッジ・レシオn/a現金SEK 55.20mエクイティSEK 121.70m負債合計SEK 281.90m総資産SEK 403.60m財務の健全性に関する最新情報分析記事 • Sep 14Is Binero Group (STO:BINERO) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • May 29Here's Why Binero Group (STO:BINERO) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 16Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Oct 02Binero Group (STO:BINERO) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jun 17Binero Group (STO:BINERO) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Mar 02Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesNew Risk • Jan 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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: Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (kr308.8m market cap, or US$33.5m).Price Target Changed • Dec 21Price target decreased by 7.9% to kr3.50Down from kr3.80, the current price target is provided by 1 analyst. New target price is 52% above last closing price of kr2.30. Stock is down 8.7% over the past year. The company is forecast to post earnings per share of kr0 for next year compared to kr0.11 last year.お知らせ • Nov 21Binero Group AB (publ) (OM:BINERO) entered into an agreement to acquire Hibox Systems Oy Ab from Accedo Broadband AB for SEK 75 million.Binero Group AB (publ) (OM:BINERO) entered into an agreement to acquire Hibox Systems Oy Ab from Accedo Broadband AB for SEK 75 million on November 20, 2025. A cash consideration will be paid by Binero Group AB (publ). The consideration consists of common equity of Binero Group AB (publ) to be issued for common equity of Hibox Systems Oy Ab. As part of consideration, an undisclosed value is paid towards common equity of Hibox Systems Oy Ab. The purchase price is paid in cash and in newly issuedshares in Binero. The cash component will be financed by equityfunds, a rights issue and bank loans. The share component of the purchase price will be paid through a targeted new issue of shares to Accedo, as the seller of Hibox. For the period ending December 31, 2024, Hibox Systems Oy Ab reported total revenue of SEK 74.94 million.お知らせ • Oct 31Binero Group AB (publ), Annual General Meeting, May 07, 2026Binero Group AB (publ), Annual General Meeting, May 07, 2026.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr2.32, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 15x in the IT industry in Sweden. Total loss to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to kr2.72, the stock trades at a trailing P/E ratio of 26.3x. Average forward P/E is 16x in the IT industry in Sweden. Total loss to shareholders of 5.6% over the past three years.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to kr2.20, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 14x in the IT industry in Sweden. Total loss to shareholders of 42% over the past three years.分析記事 • Feb 28Binero Group's (STO:BINERO) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Binero Group AB (publ)'s ( STO:BINERO ) stock hasn't moved much...Reported Earnings • Feb 26Full year 2024 earnings releasedFull year 2024 results: Revenue: kr417.2m (up 353% from FY 2023). Net income: kr12.9m (up kr27.9m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the IT industry in Sweden.Price Target Changed • Feb 25Price target increased by 12% to kr3.80Up from kr3.40, the current price target is provided by 1 analyst. New target price is 46% above last closing price of kr2.60. Stock is down 22% over the past year. The company posted a net loss per share of kr0.43 last year.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr2.66, the stock trades at a trailing P/E ratio of 66.6x. Average forward P/E is 19x in the IT industry in Sweden. Total loss to shareholders of 44% over the past three years.分析記事 • Jan 30Investors Appear Satisfied With Binero Group AB (publ)'s (STO:BINERO) Prospects As Shares Rocket 28%Binero Group AB (publ) ( STO:BINERO ) shareholders would be excited to see that the share price has had a great month...New Risk • Jan 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (238% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr309.3m market cap, or US$27.8m).Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to kr2.90, the stock trades at a trailing P/E ratio of 72.6x. Average forward P/E is 17x in the IT industry in Sweden. Total loss to shareholders of 38% over the past three years.お知らせ • Oct 31Binero Group AB (publ), Annual General Meeting, May 07, 2025Binero Group AB (publ), Annual General Meeting, May 07, 2025.分析記事 • Oct 04Sentiment Still Eluding Binero Group AB (publ) (STO:BINERO)It's not a stretch to say that Binero Group AB (publ)'s ( STO:BINERO ) price-to-sales (or "P/S") ratio of 1.2x right...Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr2.60, the stock trades at a trailing P/E ratio of 65.1x. Average forward P/E is 18x in the IT industry in Sweden. Total loss to shareholders of 49% over the past three years.Board Change • Jun 11Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Jonas Feist is the most experienced director on the board, commencing their role in 2022. Independent Director Malcolm Lindblom was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 26Full year 2023 earnings released: kr0.45 loss per share (vs kr0.58 loss in FY 2022)Full year 2023 results: kr0.45 loss per share (improved from kr0.58 loss in FY 2022). Revenue: kr92.4m (down 11% from FY 2022). Net loss: kr15.1m (loss narrowed 17% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 272% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (272% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (kr489.8m market cap, or US$47.0m).New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (kr121.4m market cap, or US$11.6m).分析記事 • Sep 14Is Binero Group (STO:BINERO) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Aug 20Price target decreased by 14% to kr4.20Down from kr4.90, the current price target is provided by 1 analyst. New target price is 40% above last closing price of kr3.00. Stock is down 10% over the past year. The company posted a net loss per share of kr0.58 last year.New Risk • Jul 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr3.0m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (kr113.8m market cap, or US$11.1m).New Risk • Jun 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr3.0m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (kr102.1m market cap, or US$9.58m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr4.0m net loss in 2 years).分析記事 • May 29Here's Why Binero Group (STO:BINERO) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Feb 24Full year 2022 earnings released: kr0.58 loss per share (vs kr0.88 loss in FY 2021)Full year 2022 results: kr0.58 loss per share (improved from kr0.88 loss in FY 2021). Revenue: kr104.3m (up 99% from FY 2021). Net loss: kr18.3m (loss narrowed 4.2% from FY 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.分析記事 • Jan 16Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Nov 16Price target decreased to kr4.80Down from kr5.20, the current price target is provided by 1 analyst. New target price is 37% above last closing price of kr3.50. Stock is down 30% over the past year. The company posted a net loss per share of kr0.87 last year.Price Target Changed • Nov 03Price target decreased to kr4.80Down from kr5.30, the current price target is provided by 1 analyst. New target price is 37% above last closing price of kr3.50. Stock is down 31% over the past year. The company posted a net loss per share of kr0.87 last year.分析記事 • Oct 02Binero Group (STO:BINERO) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 21Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: kr0.27 loss per share (down from kr0.19 loss in 2Q 2021). Revenue: kr27.0m (up 118% from 2Q 2021). Net loss: kr8.60m (loss widened 126% from 2Q 2021). Revenue missed analyst estimates by 10.0%. Earnings per share (EPS) also missed analyst estimates by 145%. Over the next year, revenue is forecast to grow 51%, compared to a 16% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.分析記事 • Jun 17Binero Group (STO:BINERO) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: kr0.21 loss per share. Revenue: kr27.6m (up 140% from 1Q 2021). Net loss: kr6.60m (loss widened 3.1% from 1Q 2021). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 17%. Over the next year, revenue is forecast to grow 93%, compared to a 17% growth forecast for the industry in Sweden.Price Target Changed • Apr 27Price target decreased to kr5.30Down from kr8.00, the current price target is provided by 1 analyst. New target price is 6.2% above last closing price of kr4.99. Stock is down 18% over the past year. The company is forecast to post a net loss per share of kr0.58 next year compared to a net loss per share of kr0.87 last year.Breakeven Date Change • Apr 27Forecast to breakeven in 2024The analyst covering Binero Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.00m in 2024. Average annual earnings growth of 74% is required to achieve expected profit on schedule.分析記事 • Mar 02Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Feb 28Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.88 loss per share (up from kr1.16 loss in FY 2020). Revenue: kr52.5m (up 15% from FY 2020). Net loss: kr19.1m (loss narrowed 17% from FY 2020). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 137%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 27Third quarter 2021 earnings released: kr0.14 loss per share (vs kr0.23 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: kr10.5m (down 9.5% from 3Q 2020). Net loss: kr2.80m (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Board Change • Sep 23High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board Carl-Magnus Hallberg is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 21Second quarter 2021 earnings released: kr0.19 loss per share (vs kr0.34 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr12.4m (up 5.1% from 2Q 2020). Net loss: kr3.80m (loss narrowed 43% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.5m (up 1.8% from 1Q 2020). Net loss: kr6.40m (loss widened 12% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% 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.Reported Earnings • Feb 27Full year 2020 earnings released: kr1.16 loss per share (vs kr2.18 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr45.8m (up 32% from FY 2019). Net loss: kr23.1m (loss narrowed 47% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Feb 08Read This Before Selling Binero Group AB (publ) (STO:BINERO) SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...分析記事 • Dec 18Binero Group's (STO:BINERO) Shareholders Are Down 5.3% On Their Investment Over The Past Year.Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...Reported Earnings • Nov 03Third quarter 2020 earnings released: kr0.23 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr11.6m (up 45% from 3Q 2019). Net loss: kr4.60m (loss narrowed 30% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 30New 90-day low: kr5.90The company is down 1.0% from its price of kr5.98 on 31 July 2020. The Swedish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period.財務状況分析短期負債: BINEROの 短期資産 ( SEK149.9M ) は 短期負債 ( SEK213.4M ) をカバーしていません。長期負債: BINEROの短期資産 ( SEK149.9M ) が 長期負債 ( SEK68.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: BINERO総負債よりも多くの現金を保有しています。負債の削減: BINEROの負債対資本比率は、過去 5 年間で0%から43.1%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 BINEROは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: BINEROは利益は出ていませんが、フリーキャッシュフローがプラスで年間50.7 % 減少しているにもかかわらず、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/27 01:06終値2026/05/27 00:00収益2025/12/31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Binero 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。3 アナリスト機関Nils SjogrenABG Sundal Collier SponsoredOskar VilhelmssonRedeyeRasmus JacobssonRedeye
分析記事 • Sep 14Is Binero Group (STO:BINERO) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • May 29Here's Why Binero Group (STO:BINERO) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 16Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Oct 02Binero Group (STO:BINERO) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jun 17Binero Group (STO:BINERO) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Mar 02Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Jan 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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: Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (kr308.8m market cap, or US$33.5m).
Price Target Changed • Dec 21Price target decreased by 7.9% to kr3.50Down from kr3.80, the current price target is provided by 1 analyst. New target price is 52% above last closing price of kr2.30. Stock is down 8.7% over the past year. The company is forecast to post earnings per share of kr0 for next year compared to kr0.11 last year.
お知らせ • Nov 21Binero Group AB (publ) (OM:BINERO) entered into an agreement to acquire Hibox Systems Oy Ab from Accedo Broadband AB for SEK 75 million.Binero Group AB (publ) (OM:BINERO) entered into an agreement to acquire Hibox Systems Oy Ab from Accedo Broadband AB for SEK 75 million on November 20, 2025. A cash consideration will be paid by Binero Group AB (publ). The consideration consists of common equity of Binero Group AB (publ) to be issued for common equity of Hibox Systems Oy Ab. As part of consideration, an undisclosed value is paid towards common equity of Hibox Systems Oy Ab. The purchase price is paid in cash and in newly issuedshares in Binero. The cash component will be financed by equityfunds, a rights issue and bank loans. The share component of the purchase price will be paid through a targeted new issue of shares to Accedo, as the seller of Hibox. For the period ending December 31, 2024, Hibox Systems Oy Ab reported total revenue of SEK 74.94 million.
お知らせ • Oct 31Binero Group AB (publ), Annual General Meeting, May 07, 2026Binero Group AB (publ), Annual General Meeting, May 07, 2026.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr2.32, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 15x in the IT industry in Sweden. Total loss to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to kr2.72, the stock trades at a trailing P/E ratio of 26.3x. Average forward P/E is 16x in the IT industry in Sweden. Total loss to shareholders of 5.6% over the past three years.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to kr2.20, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 14x in the IT industry in Sweden. Total loss to shareholders of 42% over the past three years.
分析記事 • Feb 28Binero Group's (STO:BINERO) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Binero Group AB (publ)'s ( STO:BINERO ) stock hasn't moved much...
Reported Earnings • Feb 26Full year 2024 earnings releasedFull year 2024 results: Revenue: kr417.2m (up 353% from FY 2023). Net income: kr12.9m (up kr27.9m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the IT industry in Sweden.
Price Target Changed • Feb 25Price target increased by 12% to kr3.80Up from kr3.40, the current price target is provided by 1 analyst. New target price is 46% above last closing price of kr2.60. Stock is down 22% over the past year. The company posted a net loss per share of kr0.43 last year.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr2.66, the stock trades at a trailing P/E ratio of 66.6x. Average forward P/E is 19x in the IT industry in Sweden. Total loss to shareholders of 44% over the past three years.
分析記事 • Jan 30Investors Appear Satisfied With Binero Group AB (publ)'s (STO:BINERO) Prospects As Shares Rocket 28%Binero Group AB (publ) ( STO:BINERO ) shareholders would be excited to see that the share price has had a great month...
New Risk • Jan 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (238% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr309.3m market cap, or US$27.8m).
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to kr2.90, the stock trades at a trailing P/E ratio of 72.6x. Average forward P/E is 17x in the IT industry in Sweden. Total loss to shareholders of 38% over the past three years.
お知らせ • Oct 31Binero Group AB (publ), Annual General Meeting, May 07, 2025Binero Group AB (publ), Annual General Meeting, May 07, 2025.
分析記事 • Oct 04Sentiment Still Eluding Binero Group AB (publ) (STO:BINERO)It's not a stretch to say that Binero Group AB (publ)'s ( STO:BINERO ) price-to-sales (or "P/S") ratio of 1.2x right...
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr2.60, the stock trades at a trailing P/E ratio of 65.1x. Average forward P/E is 18x in the IT industry in Sweden. Total loss to shareholders of 49% over the past three years.
Board Change • Jun 11Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Jonas Feist is the most experienced director on the board, commencing their role in 2022. Independent Director Malcolm Lindblom was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 26Full year 2023 earnings released: kr0.45 loss per share (vs kr0.58 loss in FY 2022)Full year 2023 results: kr0.45 loss per share (improved from kr0.58 loss in FY 2022). Revenue: kr92.4m (down 11% from FY 2022). Net loss: kr15.1m (loss narrowed 17% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 272% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (272% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (kr489.8m market cap, or US$47.0m).
New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (kr121.4m market cap, or US$11.6m).
分析記事 • Sep 14Is Binero Group (STO:BINERO) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Aug 20Price target decreased by 14% to kr4.20Down from kr4.90, the current price target is provided by 1 analyst. New target price is 40% above last closing price of kr3.00. Stock is down 10% over the past year. The company posted a net loss per share of kr0.58 last year.
New Risk • Jul 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr3.0m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (kr113.8m market cap, or US$11.1m).
New Risk • Jun 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr3.0m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (kr102.1m market cap, or US$9.58m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr4.0m net loss in 2 years).
分析記事 • May 29Here's Why Binero Group (STO:BINERO) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Feb 24Full year 2022 earnings released: kr0.58 loss per share (vs kr0.88 loss in FY 2021)Full year 2022 results: kr0.58 loss per share (improved from kr0.88 loss in FY 2021). Revenue: kr104.3m (up 99% from FY 2021). Net loss: kr18.3m (loss narrowed 4.2% from FY 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
分析記事 • Jan 16Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Nov 16Price target decreased to kr4.80Down from kr5.20, the current price target is provided by 1 analyst. New target price is 37% above last closing price of kr3.50. Stock is down 30% over the past year. The company posted a net loss per share of kr0.87 last year.
Price Target Changed • Nov 03Price target decreased to kr4.80Down from kr5.30, the current price target is provided by 1 analyst. New target price is 37% above last closing price of kr3.50. Stock is down 31% over the past year. The company posted a net loss per share of kr0.87 last year.
分析記事 • Oct 02Binero Group (STO:BINERO) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 21Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: kr0.27 loss per share (down from kr0.19 loss in 2Q 2021). Revenue: kr27.0m (up 118% from 2Q 2021). Net loss: kr8.60m (loss widened 126% from 2Q 2021). Revenue missed analyst estimates by 10.0%. Earnings per share (EPS) also missed analyst estimates by 145%. Over the next year, revenue is forecast to grow 51%, compared to a 16% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
分析記事 • Jun 17Binero Group (STO:BINERO) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: kr0.21 loss per share. Revenue: kr27.6m (up 140% from 1Q 2021). Net loss: kr6.60m (loss widened 3.1% from 1Q 2021). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 17%. Over the next year, revenue is forecast to grow 93%, compared to a 17% growth forecast for the industry in Sweden.
Price Target Changed • Apr 27Price target decreased to kr5.30Down from kr8.00, the current price target is provided by 1 analyst. New target price is 6.2% above last closing price of kr4.99. Stock is down 18% over the past year. The company is forecast to post a net loss per share of kr0.58 next year compared to a net loss per share of kr0.87 last year.
Breakeven Date Change • Apr 27Forecast to breakeven in 2024The analyst covering Binero Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.00m in 2024. Average annual earnings growth of 74% is required to achieve expected profit on schedule.
分析記事 • Mar 02Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Feb 28Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.88 loss per share (up from kr1.16 loss in FY 2020). Revenue: kr52.5m (up 15% from FY 2020). Net loss: kr19.1m (loss narrowed 17% from FY 2020). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 137%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 27Third quarter 2021 earnings released: kr0.14 loss per share (vs kr0.23 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: kr10.5m (down 9.5% from 3Q 2020). Net loss: kr2.80m (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Board Change • Sep 23High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board Carl-Magnus Hallberg is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 21Second quarter 2021 earnings released: kr0.19 loss per share (vs kr0.34 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr12.4m (up 5.1% from 2Q 2020). Net loss: kr3.80m (loss narrowed 43% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.
Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.5m (up 1.8% from 1Q 2020). Net loss: kr6.40m (loss widened 12% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% 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.
Reported Earnings • Feb 27Full year 2020 earnings released: kr1.16 loss per share (vs kr2.18 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr45.8m (up 32% from FY 2019). Net loss: kr23.1m (loss narrowed 47% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 08Read This Before Selling Binero Group AB (publ) (STO:BINERO) SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
分析記事 • Dec 18Binero Group's (STO:BINERO) Shareholders Are Down 5.3% On Their Investment Over The Past Year.Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...
Reported Earnings • Nov 03Third quarter 2020 earnings released: kr0.23 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr11.6m (up 45% from 3Q 2019). Net loss: kr4.60m (loss narrowed 30% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 30New 90-day low: kr5.90The company is down 1.0% from its price of kr5.98 on 31 July 2020. The Swedish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period.