Reported Earnings • May 26
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: kr0.04 loss per share (down from kr0.016 loss in 1Q 2021). Revenue: kr37.2m (up 5.3% from 1Q 2021). Net loss: kr4.52m (loss widened 131% from 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • May 03
Director recently sold kr240k worth of stock On the 27th of April, Emil Hjalmarsson sold around 150k shares on-market at roughly kr1.60 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr475k more than they bought in the last 12 months. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Bengt-Arne Molin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 24
Insider recently sold kr119k worth of stock On the 19th of April, Gustav Guldberg sold around 75k shares on-market at roughly kr1.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr235k more than they bought in the last 12 months. Recent Insider Transactions • Jan 19
Director recently sold kr200k worth of stock On the 17th of January, Jonathan Nilsson sold around 125k shares on-market at roughly kr1.60 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr515k more than they bought in the last 12 months. Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: kr0.05 loss per share (down from kr0.007 profit in 3Q 2020). Revenue: kr33.1m (up 9.7% from 3Q 2020). Net loss: kr6.59m (down kr7.43m from profit in 3Q 2020). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2021 earnings released: kr0.002 loss per share (vs kr0.016 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr36.4m (up 30% from 2Q 2020). Net loss: kr140.0k (loss narrowed 93% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 02
Director recently bought kr84k worth of stock On the 28th of May, Emil Hjalmarsson bought around 75k shares on-market at roughly kr1.12 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr315k more in shares than they bought in the last 12 months. Reported Earnings • May 28
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr35.3m (down 7.2% from 1Q 2020). Net loss: kr1.95m (down kr2.43m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 17
Chief Financial Officer recently sold kr399k worth of stock On the 15th of April, Therese Högberg sold around 300k shares on-market at roughly kr1.33 per share. This was the largest sale by an insider in the last 3 months. This was Therese's only on-market trade for the last 12 months. Reported Earnings • Feb 21
Full year 2020 earnings released: kr0.008 loss per share (vs kr0.19 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr138.3m (down 44% from FY 2019). Net loss: kr1.02m (down 104% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 05
New 90-day high: kr0.92 The company is up 3.0% from its price of kr0.90 on 07 October 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 21% over the same period. Reported Earnings • Nov 26
Third quarter 2020 earnings released: EPS kr0.01 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: kr30.1m (down 53% from 3Q 2019). Net income: kr842.0k (down 85% from 3Q 2019). Profit margin: 2.8% (down from 8.6% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 16
New 90-day low: kr0.86 The company is down 6.0% from its price of kr0.92 on 17 July 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 12% over the same period.