Formpipe Software（FPIP）株式概要Formpipe Software AB (publish)は、スウェーデン、デンマーク、ドイツ、英国、米国において、情報の取得、管理、配信のためのソフトウェアとコンサルティングサービスを提供している。 詳細FPIP ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長5/6過去の実績0/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より26.3%で取引されている 収益は年間53.7%増加すると予測されています リスク分析リスクチェックの結果、FPIP 、リスクは検出されなかった。すべてのリスクチェックを見るFPIP Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN40.0% undervaluedAnalystConsensusTarget•1y agoDigital Transformation Will Unlock Global SaaS Opportunities1300Top Analyst NarrativesFormpipe SoftwareANAnalystConsensusTargetBased on Analyst Price TargetsDigital Transformation Will Unlock Global SaaS OpportunitiesKey Takeaways Refocusing on SaaS and divesting non-core segments should boost innovation, expand recurring revenues, and improve profitability through a scalable subscription-based model. Leveraging regulatory complexity, ERP integrations, and AI-powered features positions Formpipe to capture new markets, enhance pricing power, and drive sustained growth.View narrativeSEK 35FV40.0% 割安 内在価値ディスカウント-17.58%Revenue growth p.a.Set Fair ValueView13users have viewed this narrative0users have liked this narrative0users have commented on this narrative0users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrativeFormpipe Software AB (publ) 競合他社BrioxSymbol: NGM:BRIXMarket cap: SEK 1.4bCint GroupSymbol: OM:CINTMarket cap: SEK 2.0bDone.ai GroupSymbol: OM:DONEMarket cap: SEK 729.0mVertiseitSymbol: OM:VERT BMarket cap: SEK 1.6b価格と性能株価の高値、安値、推移の概要Formpipe Software過去の株価現在の株価SEK 21.0052週高値SEK 30.4052週安値SEK 17.60ベータ0.531ヶ月の変化-9.48%3ヶ月変化-1.41%1年変化-24.46%3年間の変化-16.00%5年間の変化-38.24%IPOからの変化976.92%最新ニュースBuy Or Sell Opportunity • May 04Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to kr18.60. The fair value is estimated to be kr28.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 02First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (up from kr0.094 in 1Q 2025). Revenue: kr61.1m (down 56% from 1Q 2025). Net income: kr6.54m (up 28% from 1Q 2025). Profit margin: 11% (up from 3.6% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Formpipe Software AB (Publ) Approves No Dividend for the Financial Year 2025Formpipe Software AB (publ) at its Annual General Meeting held on April 29, 2026, approved that the results for the financial year shall be carried forward and that no dividend shall be paid for the financial year 2025.お知らせ • Mar 30Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026, at 17:00 W. Europe Standard Time. Location: companys premises at sveavagen 168, stockholm Swedenお知らせ • Mar 27+ 1 more updateFormpipe Software AB (publ) Does Not Declare Dividend for the Financial Year 2025Formpipe Software AB (publ)'s Board proposes that the results for the financial year are carried forward and that no dividend is paid for the financial year 2025.お知らせ • Mar 17Lasernet Group Announces New Brand IdentityLasernet Group (previously Formpipe Software AB) announced the launch of its new brand identity, marking a new chapter for the company as it moves forward under the Lasernet Group name. The new branding places the document at the centre of the company's visual identity, reflecting the central role documents play in every business. The redesigned logo highlights the document as a central element, symbolising Lasernet's mission to help organizations capture, organise, and deliver information to their customers. Like the platform, the broader brand identity is intentionally flexible, allowing the company to adapt visual elements such as colours, orientations, and layouts depending on how information needs to be presented. The brand also introduces Laser Red as its signature colour, complemented by a range of secondary colours designed to add contrast, dimension, and versatility across digital and print applications. While the visual identity is new, Lasernet's core mission remains unchanged: helping organizations manage documents efficiently, reliably, and at scale. Customers across industries rely on the Lasernet platform to build and optimise global document programs, often maintaining long-term partnerships as their document needs grow. More information about the new Lasernet brand can be found here: text-decoration:underlinehttps://www.lasernetgroup.com/about-us/brand-identity. Per previous announcements, the legal entity will continue as 'Formpipe Software AB' until after the April AGM meeting where it is intended to formally change the legal name to 'Lasernet Group AB'. This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • May 04Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to kr18.60. The fair value is estimated to be kr28.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 02First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (up from kr0.094 in 1Q 2025). Revenue: kr61.1m (down 56% from 1Q 2025). Net income: kr6.54m (up 28% from 1Q 2025). Profit margin: 11% (up from 3.6% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Formpipe Software AB (Publ) Approves No Dividend for the Financial Year 2025Formpipe Software AB (publ) at its Annual General Meeting held on April 29, 2026, approved that the results for the financial year shall be carried forward and that no dividend shall be paid for the financial year 2025.お知らせ • Mar 30Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026, at 17:00 W. Europe Standard Time. Location: companys premises at sveavagen 168, stockholm Swedenお知らせ • Mar 27+ 1 more updateFormpipe Software AB (publ) Does Not Declare Dividend for the Financial Year 2025Formpipe Software AB (publ)'s Board proposes that the results for the financial year are carried forward and that no dividend is paid for the financial year 2025.お知らせ • Mar 17Lasernet Group Announces New Brand IdentityLasernet Group (previously Formpipe Software AB) announced the launch of its new brand identity, marking a new chapter for the company as it moves forward under the Lasernet Group name. The new branding places the document at the centre of the company's visual identity, reflecting the central role documents play in every business. The redesigned logo highlights the document as a central element, symbolising Lasernet's mission to help organizations capture, organise, and deliver information to their customers. Like the platform, the broader brand identity is intentionally flexible, allowing the company to adapt visual elements such as colours, orientations, and layouts depending on how information needs to be presented. The brand also introduces Laser Red as its signature colour, complemented by a range of secondary colours designed to add contrast, dimension, and versatility across digital and print applications. While the visual identity is new, Lasernet's core mission remains unchanged: helping organizations manage documents efficiently, reliably, and at scale. Customers across industries rely on the Lasernet platform to build and optimise global document programs, often maintaining long-term partnerships as their document needs grow. More information about the new Lasernet brand can be found here: text-decoration:underlinehttps://www.lasernetgroup.com/about-us/brand-identity. Per previous announcements, the legal entity will continue as 'Formpipe Software AB' until after the April AGM meeting where it is intended to formally change the legal name to 'Lasernet Group AB'. This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.お知らせ • Mar 05Formpipe Software AB (publ) (OM:FPIP) commences an Equity Buyback Plan, under the authorization approved on April 29, 2025.Formpipe Software AB (publ) (OM:FPIP) commences share repurchases on February 23, 2026, under the program mandated by the shareholders in the Annual General Meeting held on April 29, 2025. As per the mandate, the company is authorized it own shares representing 10% of its issued share capital. The minimum and maximum amounts that can be paid per share shall be NOK 25 and NOK 110, respectively. The purpose of the authorization is to enable the Board to adjust and improve the capital structure of the Company in order to create increased shareholder value and to dispose of shares in connection with financing of any company and business acquisitions by paying all or part of the purchase price with the Company's treasury shares. The payment shall be made in cash. The authorization is valid until the next AGM, on one or more occasions, to resolve to acquire and/or dispose the Company's shares on the following principal conditions.Price Target Changed • Feb 24Price target decreased by 8.6% to kr32.00Down from kr35.00, the current price target is provided by 1 analyst. New target price is 33% above last closing price of kr24.10. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of kr0.48 next year compared to a net loss per share of kr1.15 last year.New Risk • Feb 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Dividend per share is over 12x cash flows per share. Dividend yield: 59% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 22Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: kr1.15 loss per share (down from kr0.32 profit in FY 2024). Revenue: kr243.3m (down 54% from FY 2024). Net loss: kr62.6m (down 466% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Dec 21Chief Financial Officer recently bought kr187k worth of stockOn the 16th of December, Sophie Reinius bought around 7k shares on-market at roughly kr26.67 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Sophie's only on-market trade for the last 12 months.お知らせ • Dec 02+ 2 more updatesFormpipe Software AB Announces CEO ChangesFormpipe Software AB completed the sale of its Public business unit to Sikri AS, a platform company of STG. The transaction was announced on August 18, 2025, and approved by an extraordinary general meeting on September 17, 2025. All conditions for the completion of the transaction have been met, and the transaction is now finalised. Magnus Svenningson will step down as CEO on December 31, 2025, and will be replaced by CFO Sophie Reinius as acting CEO from January 1, 2026, until a new permanent CEO is in place. Furthermore, as Thomas à Porta, via the transaction, departs the Formpipe leadership team, new leadership team members are announced as part of a re-organisation.New Risk • Dec 01New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Profit margins are more than 30% lower than last year (0.9% net profit margin).Major Estimate Revision • Nov 28Consensus EPS estimates increase from loss to kr0.05 profitThe consensus outlook for fiscal year 2025 has been updated. Forecast profits in 2025 with EPS up from -kr0.10 to kr0.05 per share. Revenue forecast unchanged from last update at kr240.5m. Software industry in Sweden expected to see average net income growth of 29% next year. Consensus price target of kr35.00 unchanged from last update. Share price was steady at kr27.20 over the past week.分析記事 • Nov 22Analyst Estimates: Here's What Brokers Think Of Formpipe Software AB (publ) (STO:FPIP) After Its Third-Quarter ReportShareholders of Formpipe Software AB (publ) ( STO:FPIP ) will be pleased this week, given that the stock price is up...Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: kr0.21 (vs kr0.07 in 3Q 2024)Third quarter 2025 results: EPS: kr0.21 (up from kr0.07 in 3Q 2024). Revenue: kr60.9m (down 53% from 3Q 2024). Net income: kr11.4m (up 198% from 3Q 2024). Profit margin: 19% (up from 2.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Software industry in Sweden are expected to grow by 8.4%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.お知らせ • Nov 19+ 3 more updatesFormpipe Software AB (publ) to Report Fiscal Year 2025 Results on Feb 20, 2026Formpipe Software AB (publ) announced that they will report fiscal year 2025 results on Feb 20, 2026分析記事 • Oct 18Formpipe Software (STO:FPIP) Is Due To Pay A Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend on the 6th of November...分析記事 • Oct 03Formpipe Software (STO:FPIP) Will Pay A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on the 6th of...分析記事 • Sep 19Formpipe Software (STO:FPIP) Has Announced A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) will pay a dividend of SEK0.25 on the 6th of November. This makes the dividend...Major Estimate Revision • Aug 26Consensus revenue estimates fall by 58%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr565.6m to kr238.0m. Forecast loss of -kr0.10, down from profit of kr1.15 per share profit previously. Software industry in Sweden expected to see average net income growth of 27% next year. Consensus price target up from kr34.00 to kr35.00. Share price fell 2.8% to kr28.00 over the past week.分析記事 • Aug 26Formpipe Software (STO:FPIP) Will Pay A Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on...分析記事 • Aug 22Formpipe Software AB (publ) Just Missed Earnings - But Analysts Have Updated Their ModelsIt's been a good week for Formpipe Software AB (publ) ( STO:FPIP ) shareholders, because the company has just released...Reported Earnings • Aug 19Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: kr0.009 (down from kr0.15 in 2Q 2024). Revenue: kr140.5m (up 5.8% from 2Q 2024). Net income: kr490.0k (down 94% from 2Q 2024). Profit margin: 0.3% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 96%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 19Formpipe Software AB (publ) to Report Nine Months, 2025 Results on Nov 19, 2025Formpipe Software AB (publ) announced that they will report nine months, 2025 results on Nov 19, 2025お知らせ • Aug 18STG agreed to acquire Public Sector business area of Formpipe Software AB from Formpipe Software AB (publ) (OM:FPIP) for SEK 850 million.STG agreed to acquire Public Sector business area of Formpipe Software AB from Formpipe Software AB (publ) (OM:FPIP) for SEK 850 million on August 18, 2025. As part of consideration, the purchase price for Formpipe Public is up to SEK 850 million on a cash free and debt free basis. At closing, SEK 775 million will be paid in cash (subject to net debt and working capital adjustments) and SEK 50 million will be paid through the issuance of a loan note payable in 2029 with a compounding interest of 4.25% per annum and subject to certain potential deductions based on certain metrics related to the separation process. The Purchaser has also undertaken to pay an additional purchase price of SEK 25 million if STG achieves a certain return on its investment. The Transaction will be affected through a sale of Formpipe’s newly established subsidiary Formpipe Sverige AB, to which Formpipe Public, including the Danish subsidiary Formpipe Software A/S and the Formpipe brand, will be transferred prior to completion of the Transaction. Following the completion of the Transaction, the Board intends to propose a distribution of a substantial portion of the proceeds from the Transaction to the Company’s shareholders. The Board will evaluate the most efficient and practically feasible way for such distribution. The Board intends to retain a part of the proceeds from the Transaction, to be reinvested in Lasernet. The Company will continue operating as a listed company. Following completion of the Transaction, the Company will continue to use the Formpipe brand during an interim period, after which the Company will be rebranded. For the period ending December 31, 2024, Public Sector business area of Formpipe Software AB reported total revenue of SEK 306 million and EBITDA of SEK 46 million. The Transaction will be completed upon the receipt of necessary clearances or approvals from relevant authorities under the foreign direct investment regimes in Sweden and Denmark, approval by the Company’s shareholders at the EGM, 90% of the contracted revenue stemming from Formpipe Public’s customers in Sweden agree to be transferred to Formpipe Sverige AB, and the completion of necessary separation steps. The Board will convene an EGM to be held on or around 17 September 2025 to obtain shareholder approval, through simple majority, as a condition to completion of the Transaction. A notice to the EGM, including instructions for attending the EGM, will be issued through a separate press release in due time before the EGM. Closing is expected to take place in Q4 2025, subject to the timing of regulatory clearances or approvals. ABG Sundal Collier AB acted as financial advisor for Formpipe Software AB. Cirio Advokatbyrå Ab acted as legal advisor for Formpipe Software AB. Daniel Gendron, Viktor Okasmaa and Timothy Sawyer of Willkie Farr & Gallagher LLP advised STG on the financing aspects.分析記事 • Aug 12Formpipe Software (STO:FPIP) Has Affirmed Its Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on...分析記事 • May 09Formpipe Software (STO:FPIP) Is Paying Out A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) will pay a dividend of SEK0.25 on the 6th of November. This means the annual...Declared Dividend • May 08Dividend of kr0.25 announcedShareholders will receive a dividend of kr0.25. Ex-date: 31st October 2025 Payment date: 6th November 2025 Dividend yield will be 1.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 155% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: kr0.094 (up from kr0.033 in 1Q 2024). Revenue: kr139.7m (up 12% from 1Q 2024). Net income: kr5.09m (up 188% from 1Q 2024). Profit margin: 3.6% (up from 1.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Apr 30+ 1 more updateFormpipe Software AB (Publ) Approves Appointment of Jim Bretschneider as Member of the Board of DirectorFormpipe Software AB (publ) announced that at its AGM held on April 29, 2025, the shareholders approved appointment of Jim Bretschneider as a new member of the Board of Directors.Upcoming Dividend • Apr 23Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 07 May 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of Swedish dividend payers (4.1%). In line with average of industry peers (2.1%).分析記事 • Apr 10Formpipe Software (STO:FPIP) Has Affirmed Its Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend on the 7th of May, with...Recent Insider Transactions • Apr 01Chief Executive Officer recently bought kr513k worth of stockOn the 28th of March, Magnus Svenningson bought around 20k shares on-market at roughly kr25.92 per share. This transaction amounted to 30% 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 Magnus' only on-market trade for the last 12 months.分析記事 • Mar 27Formpipe Software's (STO:FPIP) Dividend Will Be SEK0.25Formpipe Software AB (publ)'s ( STO:FPIP ) investors are due to receive a payment of SEK0.25 per share on 7th of May...Declared Dividend • Mar 26Final dividend of kr0.25 announcedDividend of kr0.25 is the same as last year. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is not covered by earnings (159% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 76% to bring the payout ratio under control. EPS is expected to grow by 208% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Mar 25Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2025Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2025, at 17:00 W. Europe Standard Time. Location: at the companys premises, at sveavagen 168, stockholm Swedenお知らせ • Mar 24Formpipe Software AB (Publ) Announces Peter Gille Declines Re-Election for the Board of DirectorsFormpipe Software AB (publ) announced that Peter Gille declined re-election for the board of directors, to the upcoming AGM to be held on 29 April 2025.分析記事 • Feb 19Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowInvestors in Formpipe Software AB (publ) ( STO:FPIP ) had a good week, as its shares rose 9.2% to close at kr26.00...Price Target Changed • Feb 18Price target increased by 9.7% to kr34.00Up from kr31.00, the current price target is provided by 1 analyst. New target price is 31% above last closing price of kr26.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of kr1.18 for next year compared to kr0.32 last year.New Risk • Feb 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (3.2% net profit margin).新しいナラティブ • Feb 09Transition To SaaS And Lasernet's Tiered Pricing Will Strengthen Market Position Transition to SaaS and efficiency gains in public sector platforms are enhancing revenue stability, net margins, and operational cost reduction. お知らせ • Feb 08Lina Elo Leaves as Chief People Officer of Formpipe Software AB (publ) At the End of the First Quarter of 2025Formpipe Software AB (publ) announced CPO (Chief People Officer) Lina Elo has decided to leave her position at the company at the end of the first quarter of 2025. Lina has worked at the company since its inception 2004 years and has been part of the executive management team for most of that time. A recruitment process is underway to appoint a successor.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr28.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Software industry in Sweden. Total loss to shareholders of 26% over the past three years.Recent Insider Transactions • Dec 13Independent Director recently bought kr61k worth of stockOn the 10th of December, Johan Stakeberg bought around 3k shares on-market at roughly kr23.99 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr490k. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.お知らせ • Nov 08Formpipe Software AB (publ) to Report Q4, 2024 Results on Jan 14, 2025Formpipe Software AB (publ) announced that they will report Q4, 2024 results at 8:15 AM, Central European Standard Time on Jan 14, 2025Major Estimate Revision • Nov 01Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr533.5m to kr527.0m. EPS estimate also fell from kr0.72 per share to kr0.62 per share. Net income forecast to grow 75% next year vs 42% growth forecast for Software industry in Sweden. Consensus price target reaffirmed at kr31.00. Share price was steady at kr25.50 over the past week.Upcoming Dividend • Oct 30Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 06 November 2024. Payment date: 12 November 2024. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (0.7%).分析記事 • Oct 29Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowThe analysts might have been a bit too bullish on Formpipe Software AB (publ) ( STO:FPIP ), given that the company fell...Price Target Changed • Oct 27Price target decreased by 27% to kr23.40Down from kr32.00, the current price target is provided by 1 analyst. New target price is 7.9% below last closing price of kr25.40. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of kr0.72 for next year compared to kr0.68 last year.Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr0.07 (down from kr0.25 in 3Q 2023). Revenue: kr130.0m (flat on 3Q 2023). Net income: kr3.80m (down 72% from 3Q 2023). Profit margin: 2.9% (down from 11% in 3Q 2023). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Oct 25+ 3 more updatesFormpipe Software AB (publ) to Report Q1, 2025 Results on Apr 29, 2025Formpipe Software AB (publ) announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Oct 10Formpipe Software AB (publ) Announces Nomination CommitteeFormpipe Software AB (publ) In accordance with the decision at Formpipe Software's Annual General Meeting on April 25, 2024, the Chairman, Annikki Schaeferdiek, has called together the Nomination Committee. After consultation with the company's, as of September 30, 2024, largest shareholder in terms of votes, the Nomination Committee consists of the following members: Emil Hjalmarsson become Chairman of the Nomination Committee representing Aktiebolag Grenspecialisten, Joshua Braden, representing Mission Trail, Petter Mattsson, representing Alcur,Mathias Nimlin, representing Martin Bjäringer, Annikki Schaeferdiek, Chairman Formpipe Software AB. The Nomination Committee will prepare proposals for the 2025 Annual General Meeting regarding, among other things, the Chairman of the Annual General Meeting, Board members, Chairman of the Board, the Board's remuneration, auditors, auditors' fees, the composition of the Nomination Committee and tasks for the 2026 Annual General Meeting.お知らせ • Oct 07Formpipe Appoints Sophie Reinius as Chief Financial Office, Effective October 21Formpipe appoints Sophie Reinius as CFO. Sophie Reinius strengthens Formpipe's Group Management as new CFO as of October 21. Sophie Reinius brings with her over 20 years of experience from large international technology companies, where she has held senior positions. Most recently, she comes from the role as CFO at Arelion, before that she was CFO at Coromatic and Net4Mobility. She has also held roles as controller at Microsoft in Sweden, controller for the Nordic region and operations manager for Sweden within Philips Home Healthcare and before that at Schneider Electric as group controller for the Nordic and Baltic countries. In addition, she is on the board of Scandinavian Data Centers. Sophie Reinius holds a bachelor's degree in finance and a law degree from Stockholm University. Sophie Reinius will start on October 21 and will walk in parallel with former CFO Joakim Alfredson for the handover. She reports to Formpipe's President and CEO Magnus Svenningson.Recent Insider Transactions • Sep 23Independent Director recently bought kr243k worth of stockOn the 20th of September, Johan Stakeberg bought around 10k shares on-market at roughly kr25.00 per share. This transaction increased Johan's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.Major Estimate Revision • Jul 19Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr539.7m to kr533.5m. EPS estimate also fell from kr0.835 per share to kr0.72 per share. Net income forecast to grow 42% next year vs 58% growth forecast for Software industry in Sweden. Consensus price target down from kr32.00 to kr31.00. Share price was steady at kr25.50 over the past week.Reported Earnings • Jul 14Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: kr0.15 (up from kr0.085 in 2Q 2023). Revenue: kr132.7m (down 3.4% from 2Q 2023). Net income: kr8.32m (up 80% from 2Q 2023). Profit margin: 6.3% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Jul 02Formpipe Software AB (publ) Announces Resignation of Joakim Alfredson as Chief Financial OfficerFormpipe Software AB (publ) announced chief financial officer Joakim Alfredson will leave his position and the company at the end of the first quarter 2025. Mr. Alfredson has been with the company for 17 years and has been a member of the Group Management.Major Estimate Revision • May 02Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr557.0m to kr539.7m. EPS estimate also fell from kr1.09 per share to kr0.835 per share. Net income forecast to grow 56% next year vs 44% growth forecast for Software industry in Sweden. Consensus price target down from kr33.00 to kr32.00. Share price fell 3.4% to kr28.00 over the past week.Recent Insider Transactions • May 01Independent Director recently bought kr144m worth of stockOn the 26th of April, Martin Bjaringer bought around 5m shares on-market at roughly kr28.70 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. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.お知らせ • Apr 27Formpipe Software AB (publ) Approves Dividend for the Financial Year 2023Formpipe Software AB (publ) at its Annual General Meeting 2024, resolved, in accordance with the Board of Directors' proposal, that SEK 0.50 per share shall be paid in dividend to the shareholders for the financial year 2023, divided over two payment occasions, and that the record date for the first payment of SEK 0.25 shall be 29 April 2024, and the record day for the second payment of SEK 0.25 shall be 7 November 2024. Payment of the dividends is expected to be distributed by Euroclear Sweden AB three banking days after respective record date.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.033 (vs kr0.09 in 1Q 2023)First quarter 2024 results: EPS: kr0.033 (down from kr0.09 in 1Q 2023). Revenue: kr125.3m (down 1.8% from 1Q 2023). Net income: kr1.77m (down 64% from 1Q 2023). Profit margin: 1.4% (down from 3.8% in 1Q 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 19Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Trailing yield: 1.7%. Lower than top quartile of Swedish dividend payers (4.4%). Higher than average of industry peers (0.7%).お知らせ • Mar 22Formpipe Software AB (Publ) Proposes Dividend for the Financial Year 2023Formpipe Software AB (publ)'s Board proposed that the AGM resolves that SEK 0.50 per share is to be paid in dividend to the shareholders for the financial year 2023, divided over two payment occasions. The record date for the first payment of SEK 0.25 per share is proposed to be 29 April 2024, and the record day for the second payment of SEK 0.25 per share is proposed to be 7 November 2024. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed by Euroclear Sweden AB three banking days after respective record date.Reported Earnings • Feb 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr0.68 (up from kr0.16 in FY 2022). Revenue: kr525.2m (up 8.3% from FY 2022). Net income: kr36.9m (up 321% from FY 2022). Profit margin: 7.0% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.New Risk • Jan 30New 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (3.5% net profit margin).お知らせ • Jan 06+ 2 more updatesFormpipe Software AB (publ) to Report Q3, 2024 Results on Oct 25, 2024Formpipe Software AB (publ) announced that they will report Q3, 2024 results on Oct 25, 2024分析記事 • Nov 02Does Formpipe Software (STO:FPIP) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Oct 26+ 1 more updateFormpipe Software AB (publ), Annual General Meeting, Mar 13, 2024Formpipe Software AB (publ), Annual General Meeting, Mar 13, 2024.Reported Earnings • Jul 14Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: kr0.085 (up from kr0.015 loss in 2Q 2022). Revenue: kr137.5m (up 15% from 2Q 2022). Net income: kr4.62m (up kr5.43m from 2Q 2022). Profit margin: 3.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • May 29Director recently bought kr88k worth of stockOn the 26th of May, Johan Stakeberg bought around 4k shares on-market at roughly kr24.70 per share. This transaction increased Johan's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr290k more in shares than they have sold in the last 12 months.お知らせ • May 25Formpipe Appoints Magnus Svenningson as New CEO, Effective August 1, 2023Magnus Svenningson takes office as the new CEO of Formpipe on August 1, 2023. Magnus most recently comes from the role of CEO of Primekey and has a broad experience from the software industry, both in private and public sector. Magnus has been CEO of the cyber security company Primekey Solutions AB from 2016 until it was sold to Insight Partners' portfolio company Keyfactor in 2022. After that he was Chief Strategy Officer for Keyfactor and worked on integrating the two global organizations. He has been a board member of the IT security company Verisec International since 2022. Prior to that, he has held leading roles in technology-intensive companies, including as CEO of Speed Identity AB and sales roles within Ericsson and Hewlett Packard. Magnus Svenningson takes over as CEO of Formpipe on August 1, 2023.Reported Earnings • Apr 27First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: kr0.09 (up from kr0.021 in 1Q 2022). Revenue: kr127.6m (up 6.1% from 1Q 2022). Net income: kr4.86m (up 331% from 1Q 2022). Profit margin: 3.8% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Major Estimate Revision • Feb 20Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr539.5m to kr553.0m. EPS estimate increased from kr0.69 to kr0.78 per share. Net income forecast to grow 123% next year vs 45% growth forecast for Software industry in Sweden. Consensus price target of kr33.00 unchanged from last update. Share price rose 6.4% to kr25.00 over the past week.Reported Earnings • Feb 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: kr0.16 (down from kr0.94 in FY 2021). Revenue: kr485.1m (up 2.5% from FY 2021). Net income: kr8.76m (down 83% from FY 2021). Profit margin: 1.8% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 39%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Feb 03Formpipe Software AB (publ) Announces Board ChangesFormpipe Software AB (publ) announced effective February 2, 2023, Emil Hjalmarsson will replace Erik Ivarsson as representative for Grenspecialisten in the company's nomination committee. The Nomination Committee now consists of the following members: Marika Svärdström remain Chairman of the Nomination Committee; Emil Hjalmarsson representing Grenspecialisten AB; Celia Grip representing Swedbank Robur Microcap; Annikki Schaeferdiek, Chairman Formpipe Software AB.分析記事 • Feb 03A Look At The Intrinsic Value Of Formpipe Software AB (publ) (STO:FPIP)How far off is Formpipe Software AB (publ) ( STO:FPIP ) from its intrinsic value? Using the most recent financial data...Buying Opportunity • Jan 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be kr28.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 6.0%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 58% per annum over the same time period.お知らせ • Jan 26Formpipe Software AB (Publ) Announces Resignation of Christian Sundin as CEOFormpipe Software AB (publ) announced that Christian Sundin will leave as CEO of Formpipe Software AB (publ). The board has started a recruitment process and until a new CEO is appointed, Christian Sundin will continue in the role to ensure a smooth succession.分析記事 • Nov 17We Think Formpipe Software (STO:FPIP) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Nov 16Price target decreased to kr33.00Down from kr38.00, the current price target is provided by 1 analyst. New target price is 40% above last closing price of kr23.55. Stock is down 28% over the past year. The company is forecast to post earnings per share of kr0.12 for next year compared to kr0.94 last year.お知らせ • Oct 30+ 2 more updatesFormpipe Software AB (publ) to Report Q3, 2023 Results on Oct 25, 2023Formpipe Software AB (publ) announced that they will report Q3, 2023 results on Oct 25, 2023Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: kr0.063 (down from kr0.23 in 3Q 2021). Revenue: kr117.4m (up 10% from 3Q 2021). Net income: kr3.40m (down 72% from 3Q 2021). Profit margin: 2.9% (down from 12% in 3Q 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Major Estimate Revision • Oct 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr0.25 to kr0.18 per share. Revenue forecast steady at kr489.5m. Net income forecast to grow 3.1% next year vs 29% growth forecast for Software industry in Sweden. Consensus price target of kr38.00 unchanged from last update. Share price fell 6.0% to kr22.00 over the past week.株主還元FPIPSE SoftwareSE 市場7D-16.0%7.8%3.7%1Y-24.5%-36.0%15.7%株主還元を見る業界別リターン: FPIP過去 1 年間で-36 % の収益を上げたSwedish Software業界を上回りました。リターン対市場: FPIPは、過去 1 年間で15.7 % のリターンを上げたSwedish市場を下回りました。価格変動Is FPIP's price volatile compared to industry and market?FPIP volatilityFPIP Average Weekly Movement9.1%Software Industry Average Movement9.1%Market Average Movement6.5%10% most volatile stocks in SE Market13.1%10% least volatile stocks in SE Market3.7%安定した株価: FPIP 、 Swedish市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: FPIPの 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200493Sophie Reiniuswww.formpipe.comFormpipe Software AB (publish)は、スウェーデン、デンマーク、ドイツ、イギリス、アメリカで、情報の取得、管理、配布のためのソフトウェアとコンサルティングサービスを提供している。同社は、情報、データ、メタデータの作成、保存、配布、自動化、再配置、アーカイブ、管理に使用される製品を提供している。同社の製品には、請求書、明細書、報告書、バーコードなどのビジネス文書の生成、配布、アーカイブを自動化するERPシステムを補完する製品であるLasernetや、アプリケーション用のデジタルアーカイブであるAutoform DMなどがある。また、文書・案件管理プラットフォーム「Acarde」、法令遵守を自動化するアプリケーション「Adoxa」、企業向けアーカイブソリューション「Long-Term Archive」、会議管理ソリューション「Meeting Management」、補助金管理プラットフォーム「TAS」、申請書・補助金管理のための設定可能な標準プラットフォーム「TAP」を提供している。さらに、完全なデジタル情報フローを実現する業務プラットフォームPlatina、文書・案件管理プラットフォームW3D3、実際の出席者や投票結果に関する情報収集プロセスをデジタル化・自動化する会議管理ソリューションMeetings Live、会議の招待状、文書、議事録の取り扱いを最小化するMeetings Plus、電子サービスプラットフォームおよび出版ソリューションPortal Bas、公共部門の署名のデジタル処理に使用されるソリューションSigneringsportalenを提供している。同社は、小売、製造、銀行・金融、ライフサイエンス、エネルギー、水道セクターのほか、法律サービスや機関にもサービスを提供している。Formpipe Software AB（publ）は2004年に設立され、スウェーデンのストックホルムを拠点としている。もっと見るFormpipe Software AB (publ) 基礎のまとめFormpipe Software の収益と売上を時価総額と比較するとどうか。FPIP 基礎統計学時価総額SEK 1.13b収益（TTM）-SEK 43.92m売上高(TTM)SEK 243.19m4.7xP/Sレシオ-25.8xPER（株価収益率FPIP は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計FPIP 損益計算書（TTM）収益SEK 243.19m売上原価SEK 89.64m売上総利益SEK 153.56mその他の費用SEK 197.47m収益-SEK 43.92m直近の収益報告Mar 31, 2026次回決算日Jul 15, 2026一株当たり利益（EPS）-0.81グロス・マージン63.14%純利益率-18.06%有利子負債／自己資本比率0%FPIP の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation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2026/05/07 13:14終値2026/05/07 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Formpipe Software AB (publ) 2 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null nullABG Sundal Collier SponsoredMikael LaséenCarnegie Investment Bank ABFredrik NilssonRedeye
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrative
Buy Or Sell Opportunity • May 04Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to kr18.60. The fair value is estimated to be kr28.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 02First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (up from kr0.094 in 1Q 2025). Revenue: kr61.1m (down 56% from 1Q 2025). Net income: kr6.54m (up 28% from 1Q 2025). Profit margin: 11% (up from 3.6% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Formpipe Software AB (Publ) Approves No Dividend for the Financial Year 2025Formpipe Software AB (publ) at its Annual General Meeting held on April 29, 2026, approved that the results for the financial year shall be carried forward and that no dividend shall be paid for the financial year 2025.
お知らせ • Mar 30Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026, at 17:00 W. Europe Standard Time. Location: companys premises at sveavagen 168, stockholm Sweden
お知らせ • Mar 27+ 1 more updateFormpipe Software AB (publ) Does Not Declare Dividend for the Financial Year 2025Formpipe Software AB (publ)'s Board proposes that the results for the financial year are carried forward and that no dividend is paid for the financial year 2025.
お知らせ • Mar 17Lasernet Group Announces New Brand IdentityLasernet Group (previously Formpipe Software AB) announced the launch of its new brand identity, marking a new chapter for the company as it moves forward under the Lasernet Group name. The new branding places the document at the centre of the company's visual identity, reflecting the central role documents play in every business. The redesigned logo highlights the document as a central element, symbolising Lasernet's mission to help organizations capture, organise, and deliver information to their customers. Like the platform, the broader brand identity is intentionally flexible, allowing the company to adapt visual elements such as colours, orientations, and layouts depending on how information needs to be presented. The brand also introduces Laser Red as its signature colour, complemented by a range of secondary colours designed to add contrast, dimension, and versatility across digital and print applications. While the visual identity is new, Lasernet's core mission remains unchanged: helping organizations manage documents efficiently, reliably, and at scale. Customers across industries rely on the Lasernet platform to build and optimise global document programs, often maintaining long-term partnerships as their document needs grow. More information about the new Lasernet brand can be found here: text-decoration:underlinehttps://www.lasernetgroup.com/about-us/brand-identity. Per previous announcements, the legal entity will continue as 'Formpipe Software AB' until after the April AGM meeting where it is intended to formally change the legal name to 'Lasernet Group AB'. This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
Buy Or Sell Opportunity • May 04Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to kr18.60. The fair value is estimated to be kr28.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 02First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (up from kr0.094 in 1Q 2025). Revenue: kr61.1m (down 56% from 1Q 2025). Net income: kr6.54m (up 28% from 1Q 2025). Profit margin: 11% (up from 3.6% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Formpipe Software AB (Publ) Approves No Dividend for the Financial Year 2025Formpipe Software AB (publ) at its Annual General Meeting held on April 29, 2026, approved that the results for the financial year shall be carried forward and that no dividend shall be paid for the financial year 2025.
お知らせ • Mar 30Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2026, at 17:00 W. Europe Standard Time. Location: companys premises at sveavagen 168, stockholm Sweden
お知らせ • Mar 27+ 1 more updateFormpipe Software AB (publ) Does Not Declare Dividend for the Financial Year 2025Formpipe Software AB (publ)'s Board proposes that the results for the financial year are carried forward and that no dividend is paid for the financial year 2025.
お知らせ • Mar 17Lasernet Group Announces New Brand IdentityLasernet Group (previously Formpipe Software AB) announced the launch of its new brand identity, marking a new chapter for the company as it moves forward under the Lasernet Group name. The new branding places the document at the centre of the company's visual identity, reflecting the central role documents play in every business. The redesigned logo highlights the document as a central element, symbolising Lasernet's mission to help organizations capture, organise, and deliver information to their customers. Like the platform, the broader brand identity is intentionally flexible, allowing the company to adapt visual elements such as colours, orientations, and layouts depending on how information needs to be presented. The brand also introduces Laser Red as its signature colour, complemented by a range of secondary colours designed to add contrast, dimension, and versatility across digital and print applications. While the visual identity is new, Lasernet's core mission remains unchanged: helping organizations manage documents efficiently, reliably, and at scale. Customers across industries rely on the Lasernet platform to build and optimise global document programs, often maintaining long-term partnerships as their document needs grow. More information about the new Lasernet brand can be found here: text-decoration:underlinehttps://www.lasernetgroup.com/about-us/brand-identity. Per previous announcements, the legal entity will continue as 'Formpipe Software AB' until after the April AGM meeting where it is intended to formally change the legal name to 'Lasernet Group AB'. This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
お知らせ • Mar 05Formpipe Software AB (publ) (OM:FPIP) commences an Equity Buyback Plan, under the authorization approved on April 29, 2025.Formpipe Software AB (publ) (OM:FPIP) commences share repurchases on February 23, 2026, under the program mandated by the shareholders in the Annual General Meeting held on April 29, 2025. As per the mandate, the company is authorized it own shares representing 10% of its issued share capital. The minimum and maximum amounts that can be paid per share shall be NOK 25 and NOK 110, respectively. The purpose of the authorization is to enable the Board to adjust and improve the capital structure of the Company in order to create increased shareholder value and to dispose of shares in connection with financing of any company and business acquisitions by paying all or part of the purchase price with the Company's treasury shares. The payment shall be made in cash. The authorization is valid until the next AGM, on one or more occasions, to resolve to acquire and/or dispose the Company's shares on the following principal conditions.
Price Target Changed • Feb 24Price target decreased by 8.6% to kr32.00Down from kr35.00, the current price target is provided by 1 analyst. New target price is 33% above last closing price of kr24.10. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of kr0.48 next year compared to a net loss per share of kr1.15 last year.
New Risk • Feb 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Dividend per share is over 12x cash flows per share. Dividend yield: 59% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 22Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: kr1.15 loss per share (down from kr0.32 profit in FY 2024). Revenue: kr243.3m (down 54% from FY 2024). Net loss: kr62.6m (down 466% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Dec 21Chief Financial Officer recently bought kr187k worth of stockOn the 16th of December, Sophie Reinius bought around 7k shares on-market at roughly kr26.67 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Sophie's only on-market trade for the last 12 months.
お知らせ • Dec 02+ 2 more updatesFormpipe Software AB Announces CEO ChangesFormpipe Software AB completed the sale of its Public business unit to Sikri AS, a platform company of STG. The transaction was announced on August 18, 2025, and approved by an extraordinary general meeting on September 17, 2025. All conditions for the completion of the transaction have been met, and the transaction is now finalised. Magnus Svenningson will step down as CEO on December 31, 2025, and will be replaced by CFO Sophie Reinius as acting CEO from January 1, 2026, until a new permanent CEO is in place. Furthermore, as Thomas à Porta, via the transaction, departs the Formpipe leadership team, new leadership team members are announced as part of a re-organisation.
New Risk • Dec 01New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Profit margins are more than 30% lower than last year (0.9% net profit margin).
Major Estimate Revision • Nov 28Consensus EPS estimates increase from loss to kr0.05 profitThe consensus outlook for fiscal year 2025 has been updated. Forecast profits in 2025 with EPS up from -kr0.10 to kr0.05 per share. Revenue forecast unchanged from last update at kr240.5m. Software industry in Sweden expected to see average net income growth of 29% next year. Consensus price target of kr35.00 unchanged from last update. Share price was steady at kr27.20 over the past week.
分析記事 • Nov 22Analyst Estimates: Here's What Brokers Think Of Formpipe Software AB (publ) (STO:FPIP) After Its Third-Quarter ReportShareholders of Formpipe Software AB (publ) ( STO:FPIP ) will be pleased this week, given that the stock price is up...
Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: kr0.21 (vs kr0.07 in 3Q 2024)Third quarter 2025 results: EPS: kr0.21 (up from kr0.07 in 3Q 2024). Revenue: kr60.9m (down 53% from 3Q 2024). Net income: kr11.4m (up 198% from 3Q 2024). Profit margin: 19% (up from 2.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Software industry in Sweden are expected to grow by 8.4%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Nov 19+ 3 more updatesFormpipe Software AB (publ) to Report Fiscal Year 2025 Results on Feb 20, 2026Formpipe Software AB (publ) announced that they will report fiscal year 2025 results on Feb 20, 2026
分析記事 • Oct 18Formpipe Software (STO:FPIP) Is Due To Pay A Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend on the 6th of November...
分析記事 • Oct 03Formpipe Software (STO:FPIP) Will Pay A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on the 6th of...
分析記事 • Sep 19Formpipe Software (STO:FPIP) Has Announced A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) will pay a dividend of SEK0.25 on the 6th of November. This makes the dividend...
Major Estimate Revision • Aug 26Consensus revenue estimates fall by 58%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr565.6m to kr238.0m. Forecast loss of -kr0.10, down from profit of kr1.15 per share profit previously. Software industry in Sweden expected to see average net income growth of 27% next year. Consensus price target up from kr34.00 to kr35.00. Share price fell 2.8% to kr28.00 over the past week.
分析記事 • Aug 26Formpipe Software (STO:FPIP) Will Pay A Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on...
分析記事 • Aug 22Formpipe Software AB (publ) Just Missed Earnings - But Analysts Have Updated Their ModelsIt's been a good week for Formpipe Software AB (publ) ( STO:FPIP ) shareholders, because the company has just released...
Reported Earnings • Aug 19Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: kr0.009 (down from kr0.15 in 2Q 2024). Revenue: kr140.5m (up 5.8% from 2Q 2024). Net income: kr490.0k (down 94% from 2Q 2024). Profit margin: 0.3% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 96%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 19Formpipe Software AB (publ) to Report Nine Months, 2025 Results on Nov 19, 2025Formpipe Software AB (publ) announced that they will report nine months, 2025 results on Nov 19, 2025
お知らせ • Aug 18STG agreed to acquire Public Sector business area of Formpipe Software AB from Formpipe Software AB (publ) (OM:FPIP) for SEK 850 million.STG agreed to acquire Public Sector business area of Formpipe Software AB from Formpipe Software AB (publ) (OM:FPIP) for SEK 850 million on August 18, 2025. As part of consideration, the purchase price for Formpipe Public is up to SEK 850 million on a cash free and debt free basis. At closing, SEK 775 million will be paid in cash (subject to net debt and working capital adjustments) and SEK 50 million will be paid through the issuance of a loan note payable in 2029 with a compounding interest of 4.25% per annum and subject to certain potential deductions based on certain metrics related to the separation process. The Purchaser has also undertaken to pay an additional purchase price of SEK 25 million if STG achieves a certain return on its investment. The Transaction will be affected through a sale of Formpipe’s newly established subsidiary Formpipe Sverige AB, to which Formpipe Public, including the Danish subsidiary Formpipe Software A/S and the Formpipe brand, will be transferred prior to completion of the Transaction. Following the completion of the Transaction, the Board intends to propose a distribution of a substantial portion of the proceeds from the Transaction to the Company’s shareholders. The Board will evaluate the most efficient and practically feasible way for such distribution. The Board intends to retain a part of the proceeds from the Transaction, to be reinvested in Lasernet. The Company will continue operating as a listed company. Following completion of the Transaction, the Company will continue to use the Formpipe brand during an interim period, after which the Company will be rebranded. For the period ending December 31, 2024, Public Sector business area of Formpipe Software AB reported total revenue of SEK 306 million and EBITDA of SEK 46 million. The Transaction will be completed upon the receipt of necessary clearances or approvals from relevant authorities under the foreign direct investment regimes in Sweden and Denmark, approval by the Company’s shareholders at the EGM, 90% of the contracted revenue stemming from Formpipe Public’s customers in Sweden agree to be transferred to Formpipe Sverige AB, and the completion of necessary separation steps. The Board will convene an EGM to be held on or around 17 September 2025 to obtain shareholder approval, through simple majority, as a condition to completion of the Transaction. A notice to the EGM, including instructions for attending the EGM, will be issued through a separate press release in due time before the EGM. Closing is expected to take place in Q4 2025, subject to the timing of regulatory clearances or approvals. ABG Sundal Collier AB acted as financial advisor for Formpipe Software AB. Cirio Advokatbyrå Ab acted as legal advisor for Formpipe Software AB. Daniel Gendron, Viktor Okasmaa and Timothy Sawyer of Willkie Farr & Gallagher LLP advised STG on the financing aspects.
分析記事 • Aug 12Formpipe Software (STO:FPIP) Has Affirmed Its Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend of SEK0.25 per share on...
分析記事 • May 09Formpipe Software (STO:FPIP) Is Paying Out A Dividend Of SEK0.25Formpipe Software AB (publ) ( STO:FPIP ) will pay a dividend of SEK0.25 on the 6th of November. This means the annual...
Declared Dividend • May 08Dividend of kr0.25 announcedShareholders will receive a dividend of kr0.25. Ex-date: 31st October 2025 Payment date: 6th November 2025 Dividend yield will be 1.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 155% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: kr0.094 (up from kr0.033 in 1Q 2024). Revenue: kr139.7m (up 12% from 1Q 2024). Net income: kr5.09m (up 188% from 1Q 2024). Profit margin: 3.6% (up from 1.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Apr 30+ 1 more updateFormpipe Software AB (Publ) Approves Appointment of Jim Bretschneider as Member of the Board of DirectorFormpipe Software AB (publ) announced that at its AGM held on April 29, 2025, the shareholders approved appointment of Jim Bretschneider as a new member of the Board of Directors.
Upcoming Dividend • Apr 23Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 07 May 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of Swedish dividend payers (4.1%). In line with average of industry peers (2.1%).
分析記事 • Apr 10Formpipe Software (STO:FPIP) Has Affirmed Its Dividend Of SEK0.25The board of Formpipe Software AB (publ) ( STO:FPIP ) has announced that it will pay a dividend on the 7th of May, with...
Recent Insider Transactions • Apr 01Chief Executive Officer recently bought kr513k worth of stockOn the 28th of March, Magnus Svenningson bought around 20k shares on-market at roughly kr25.92 per share. This transaction amounted to 30% 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 Magnus' only on-market trade for the last 12 months.
分析記事 • Mar 27Formpipe Software's (STO:FPIP) Dividend Will Be SEK0.25Formpipe Software AB (publ)'s ( STO:FPIP ) investors are due to receive a payment of SEK0.25 per share on 7th of May...
Declared Dividend • Mar 26Final dividend of kr0.25 announcedDividend of kr0.25 is the same as last year. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is not covered by earnings (159% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 76% to bring the payout ratio under control. EPS is expected to grow by 208% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Mar 25Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2025Formpipe Software AB (publ), Annual General Meeting, Apr 29, 2025, at 17:00 W. Europe Standard Time. Location: at the companys premises, at sveavagen 168, stockholm Sweden
お知らせ • Mar 24Formpipe Software AB (Publ) Announces Peter Gille Declines Re-Election for the Board of DirectorsFormpipe Software AB (publ) announced that Peter Gille declined re-election for the board of directors, to the upcoming AGM to be held on 29 April 2025.
分析記事 • Feb 19Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowInvestors in Formpipe Software AB (publ) ( STO:FPIP ) had a good week, as its shares rose 9.2% to close at kr26.00...
Price Target Changed • Feb 18Price target increased by 9.7% to kr34.00Up from kr31.00, the current price target is provided by 1 analyst. New target price is 31% above last closing price of kr26.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of kr1.18 for next year compared to kr0.32 last year.
New Risk • Feb 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (3.2% net profit margin).
新しいナラティブ • Feb 09Transition To SaaS And Lasernet's Tiered Pricing Will Strengthen Market Position Transition to SaaS and efficiency gains in public sector platforms are enhancing revenue stability, net margins, and operational cost reduction.
お知らせ • Feb 08Lina Elo Leaves as Chief People Officer of Formpipe Software AB (publ) At the End of the First Quarter of 2025Formpipe Software AB (publ) announced CPO (Chief People Officer) Lina Elo has decided to leave her position at the company at the end of the first quarter of 2025. Lina has worked at the company since its inception 2004 years and has been part of the executive management team for most of that time. A recruitment process is underway to appoint a successor.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr28.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Software industry in Sweden. Total loss to shareholders of 26% over the past three years.
Recent Insider Transactions • Dec 13Independent Director recently bought kr61k worth of stockOn the 10th of December, Johan Stakeberg bought around 3k shares on-market at roughly kr23.99 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr490k. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.
お知らせ • Nov 08Formpipe Software AB (publ) to Report Q4, 2024 Results on Jan 14, 2025Formpipe Software AB (publ) announced that they will report Q4, 2024 results at 8:15 AM, Central European Standard Time on Jan 14, 2025
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr533.5m to kr527.0m. EPS estimate also fell from kr0.72 per share to kr0.62 per share. Net income forecast to grow 75% next year vs 42% growth forecast for Software industry in Sweden. Consensus price target reaffirmed at kr31.00. Share price was steady at kr25.50 over the past week.
Upcoming Dividend • Oct 30Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 06 November 2024. Payment date: 12 November 2024. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (0.7%).
分析記事 • Oct 29Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowThe analysts might have been a bit too bullish on Formpipe Software AB (publ) ( STO:FPIP ), given that the company fell...
Price Target Changed • Oct 27Price target decreased by 27% to kr23.40Down from kr32.00, the current price target is provided by 1 analyst. New target price is 7.9% below last closing price of kr25.40. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of kr0.72 for next year compared to kr0.68 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr0.07 (down from kr0.25 in 3Q 2023). Revenue: kr130.0m (flat on 3Q 2023). Net income: kr3.80m (down 72% from 3Q 2023). Profit margin: 2.9% (down from 11% in 3Q 2023). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Oct 25+ 3 more updatesFormpipe Software AB (publ) to Report Q1, 2025 Results on Apr 29, 2025Formpipe Software AB (publ) announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Oct 10Formpipe Software AB (publ) Announces Nomination CommitteeFormpipe Software AB (publ) In accordance with the decision at Formpipe Software's Annual General Meeting on April 25, 2024, the Chairman, Annikki Schaeferdiek, has called together the Nomination Committee. After consultation with the company's, as of September 30, 2024, largest shareholder in terms of votes, the Nomination Committee consists of the following members: Emil Hjalmarsson become Chairman of the Nomination Committee representing Aktiebolag Grenspecialisten, Joshua Braden, representing Mission Trail, Petter Mattsson, representing Alcur,Mathias Nimlin, representing Martin Bjäringer, Annikki Schaeferdiek, Chairman Formpipe Software AB. The Nomination Committee will prepare proposals for the 2025 Annual General Meeting regarding, among other things, the Chairman of the Annual General Meeting, Board members, Chairman of the Board, the Board's remuneration, auditors, auditors' fees, the composition of the Nomination Committee and tasks for the 2026 Annual General Meeting.
お知らせ • Oct 07Formpipe Appoints Sophie Reinius as Chief Financial Office, Effective October 21Formpipe appoints Sophie Reinius as CFO. Sophie Reinius strengthens Formpipe's Group Management as new CFO as of October 21. Sophie Reinius brings with her over 20 years of experience from large international technology companies, where she has held senior positions. Most recently, she comes from the role as CFO at Arelion, before that she was CFO at Coromatic and Net4Mobility. She has also held roles as controller at Microsoft in Sweden, controller for the Nordic region and operations manager for Sweden within Philips Home Healthcare and before that at Schneider Electric as group controller for the Nordic and Baltic countries. In addition, she is on the board of Scandinavian Data Centers. Sophie Reinius holds a bachelor's degree in finance and a law degree from Stockholm University. Sophie Reinius will start on October 21 and will walk in parallel with former CFO Joakim Alfredson for the handover. She reports to Formpipe's President and CEO Magnus Svenningson.
Recent Insider Transactions • Sep 23Independent Director recently bought kr243k worth of stockOn the 20th of September, Johan Stakeberg bought around 10k shares on-market at roughly kr25.00 per share. This transaction increased Johan's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.
Major Estimate Revision • Jul 19Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr539.7m to kr533.5m. EPS estimate also fell from kr0.835 per share to kr0.72 per share. Net income forecast to grow 42% next year vs 58% growth forecast for Software industry in Sweden. Consensus price target down from kr32.00 to kr31.00. Share price was steady at kr25.50 over the past week.
Reported Earnings • Jul 14Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: kr0.15 (up from kr0.085 in 2Q 2023). Revenue: kr132.7m (down 3.4% from 2Q 2023). Net income: kr8.32m (up 80% from 2Q 2023). Profit margin: 6.3% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 02Formpipe Software AB (publ) Announces Resignation of Joakim Alfredson as Chief Financial OfficerFormpipe Software AB (publ) announced chief financial officer Joakim Alfredson will leave his position and the company at the end of the first quarter 2025. Mr. Alfredson has been with the company for 17 years and has been a member of the Group Management.
Major Estimate Revision • May 02Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr557.0m to kr539.7m. EPS estimate also fell from kr1.09 per share to kr0.835 per share. Net income forecast to grow 56% next year vs 44% growth forecast for Software industry in Sweden. Consensus price target down from kr33.00 to kr32.00. Share price fell 3.4% to kr28.00 over the past week.
Recent Insider Transactions • May 01Independent Director recently bought kr144m worth of stockOn the 26th of April, Martin Bjaringer bought around 5m shares on-market at roughly kr28.70 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. Insiders have collectively bought kr144m more in shares than they have sold in the last 12 months.
お知らせ • Apr 27Formpipe Software AB (publ) Approves Dividend for the Financial Year 2023Formpipe Software AB (publ) at its Annual General Meeting 2024, resolved, in accordance with the Board of Directors' proposal, that SEK 0.50 per share shall be paid in dividend to the shareholders for the financial year 2023, divided over two payment occasions, and that the record date for the first payment of SEK 0.25 shall be 29 April 2024, and the record day for the second payment of SEK 0.25 shall be 7 November 2024. Payment of the dividends is expected to be distributed by Euroclear Sweden AB three banking days after respective record date.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.033 (vs kr0.09 in 1Q 2023)First quarter 2024 results: EPS: kr0.033 (down from kr0.09 in 1Q 2023). Revenue: kr125.3m (down 1.8% from 1Q 2023). Net income: kr1.77m (down 64% from 1Q 2023). Profit margin: 1.4% (down from 3.8% in 1Q 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 19Upcoming dividend of kr0.25 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Trailing yield: 1.7%. Lower than top quartile of Swedish dividend payers (4.4%). Higher than average of industry peers (0.7%).
お知らせ • Mar 22Formpipe Software AB (Publ) Proposes Dividend for the Financial Year 2023Formpipe Software AB (publ)'s Board proposed that the AGM resolves that SEK 0.50 per share is to be paid in dividend to the shareholders for the financial year 2023, divided over two payment occasions. The record date for the first payment of SEK 0.25 per share is proposed to be 29 April 2024, and the record day for the second payment of SEK 0.25 per share is proposed to be 7 November 2024. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed by Euroclear Sweden AB three banking days after respective record date.
Reported Earnings • Feb 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr0.68 (up from kr0.16 in FY 2022). Revenue: kr525.2m (up 8.3% from FY 2022). Net income: kr36.9m (up 321% from FY 2022). Profit margin: 7.0% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
New Risk • Jan 30New 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (3.5% net profit margin).
お知らせ • Jan 06+ 2 more updatesFormpipe Software AB (publ) to Report Q3, 2024 Results on Oct 25, 2024Formpipe Software AB (publ) announced that they will report Q3, 2024 results on Oct 25, 2024
分析記事 • Nov 02Does Formpipe Software (STO:FPIP) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Oct 26+ 1 more updateFormpipe Software AB (publ), Annual General Meeting, Mar 13, 2024Formpipe Software AB (publ), Annual General Meeting, Mar 13, 2024.
Reported Earnings • Jul 14Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: kr0.085 (up from kr0.015 loss in 2Q 2022). Revenue: kr137.5m (up 15% from 2Q 2022). Net income: kr4.62m (up kr5.43m from 2Q 2022). Profit margin: 3.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • May 29Director recently bought kr88k worth of stockOn the 26th of May, Johan Stakeberg bought around 4k shares on-market at roughly kr24.70 per share. This transaction increased Johan's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr290k more in shares than they have sold in the last 12 months.
お知らせ • May 25Formpipe Appoints Magnus Svenningson as New CEO, Effective August 1, 2023Magnus Svenningson takes office as the new CEO of Formpipe on August 1, 2023. Magnus most recently comes from the role of CEO of Primekey and has a broad experience from the software industry, both in private and public sector. Magnus has been CEO of the cyber security company Primekey Solutions AB from 2016 until it was sold to Insight Partners' portfolio company Keyfactor in 2022. After that he was Chief Strategy Officer for Keyfactor and worked on integrating the two global organizations. He has been a board member of the IT security company Verisec International since 2022. Prior to that, he has held leading roles in technology-intensive companies, including as CEO of Speed Identity AB and sales roles within Ericsson and Hewlett Packard. Magnus Svenningson takes over as CEO of Formpipe on August 1, 2023.
Reported Earnings • Apr 27First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: kr0.09 (up from kr0.021 in 1Q 2022). Revenue: kr127.6m (up 6.1% from 1Q 2022). Net income: kr4.86m (up 331% from 1Q 2022). Profit margin: 3.8% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Major Estimate Revision • Feb 20Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr539.5m to kr553.0m. EPS estimate increased from kr0.69 to kr0.78 per share. Net income forecast to grow 123% next year vs 45% growth forecast for Software industry in Sweden. Consensus price target of kr33.00 unchanged from last update. Share price rose 6.4% to kr25.00 over the past week.
Reported Earnings • Feb 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: kr0.16 (down from kr0.94 in FY 2021). Revenue: kr485.1m (up 2.5% from FY 2021). Net income: kr8.76m (down 83% from FY 2021). Profit margin: 1.8% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 39%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Feb 03Formpipe Software AB (publ) Announces Board ChangesFormpipe Software AB (publ) announced effective February 2, 2023, Emil Hjalmarsson will replace Erik Ivarsson as representative for Grenspecialisten in the company's nomination committee. The Nomination Committee now consists of the following members: Marika Svärdström remain Chairman of the Nomination Committee; Emil Hjalmarsson representing Grenspecialisten AB; Celia Grip representing Swedbank Robur Microcap; Annikki Schaeferdiek, Chairman Formpipe Software AB.
分析記事 • Feb 03A Look At The Intrinsic Value Of Formpipe Software AB (publ) (STO:FPIP)How far off is Formpipe Software AB (publ) ( STO:FPIP ) from its intrinsic value? Using the most recent financial data...
Buying Opportunity • Jan 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be kr28.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 6.0%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 58% per annum over the same time period.
お知らせ • Jan 26Formpipe Software AB (Publ) Announces Resignation of Christian Sundin as CEOFormpipe Software AB (publ) announced that Christian Sundin will leave as CEO of Formpipe Software AB (publ). The board has started a recruitment process and until a new CEO is appointed, Christian Sundin will continue in the role to ensure a smooth succession.
分析記事 • Nov 17We Think Formpipe Software (STO:FPIP) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Nov 16Price target decreased to kr33.00Down from kr38.00, the current price target is provided by 1 analyst. New target price is 40% above last closing price of kr23.55. Stock is down 28% over the past year. The company is forecast to post earnings per share of kr0.12 for next year compared to kr0.94 last year.
お知らせ • Oct 30+ 2 more updatesFormpipe Software AB (publ) to Report Q3, 2023 Results on Oct 25, 2023Formpipe Software AB (publ) announced that they will report Q3, 2023 results on Oct 25, 2023
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: kr0.063 (down from kr0.23 in 3Q 2021). Revenue: kr117.4m (up 10% from 3Q 2021). Net income: kr3.40m (down 72% from 3Q 2021). Profit margin: 2.9% (down from 12% in 3Q 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Major Estimate Revision • Oct 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr0.25 to kr0.18 per share. Revenue forecast steady at kr489.5m. Net income forecast to grow 3.1% next year vs 29% growth forecast for Software industry in Sweden. Consensus price target of kr38.00 unchanged from last update. Share price fell 6.0% to kr22.00 over the past week.
