View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNetmore Group 過去の業績過去 基準チェック /06Netmore Groupの収益は年間平均-14%の割合で減少していますが、 Wireless Telecom業界の収益は年間 減少しています。収益は年間12.3% 37.1%割合で 増加しています。主要情報-13.97%収益成長率50.60%EPS成長率Wireless Telecom 業界の成長13.03%収益成長率37.10%株主資本利益率-111.49%ネット・マージン-54.28%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. 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 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.お知らせ • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.お知らせ • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.お知らせ • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.Breakeven Date Change • Oct 31No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.Price Target Changed • Oct 31Price target decreased by 29% to kr1.70Down from kr2.40, the current price target is provided by 1 analyst. New target price is 89% above last closing price of kr0.90. Stock is down 43% over the past year. The company posted a net loss per share of kr0.21 last year.New Risk • Oct 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr20m net loss next year). Market cap is less than US$100m (kr246.5m market cap, or US$22.6m).Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr320.8m market cap, or US$29.2m).Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (kr320.8m market cap, or US$29.0m).Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. 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 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year whereas the company’s share price has increased by 63% per year.Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jul 01Chief Product Officer recently sold kr809k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly kr1.50 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 24New 90-day low: kr1.12The company is down 20% from its price of kr1.40 on 25 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 5.0% over the same period.Is New 90 Day High Low • Jan 19New 90-day low: kr1.16The company is down 11% from its price of kr1.30 on 21 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 15% over the same period.Is New 90 Day High Low • Dec 17New 90-day low: kr1.22The company is down 8.0% from its price of kr1.32 on 18 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 12% over the same period.お知らせ • Dec 03Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million on December 2, 2020. The transaction is valued at around SEK 7.5 million and will be financed with self-generated funds upon implementation. The transaction is expected to be completed during the current month.お知らせ • Oct 02Netmore Group AB (publ) announced that it expects to receive SEK 30 million in funding from Polar Structured Products IncorporatedNetmore Group AB (publ) (OM:NETM B) announced a private placement of convertible loan for the gross proceed of SEK 30,000,000 on October 1, 2020. The transaction will include participation from new investor Polar Structured Products Incorporated. The term of loan is 3 years with an annual interest rate of 5%. The investor has a right to convert the loan into B-shares of the company during the period starting October 1, 2022 until September 11, 2023 at a conversion price of SEK 3 per share. The transaction has been approved by board of directors of the company.お知らせ • Sep 04Netmore Group AB (publ) Announces Appointment of Ove Anebygd as CEONetmore Group AB (publ) announced that Ove Anebygd has assumed the role of CEO at the company, joining from Qvantel, where he held a leading position in digital modernisation of telecom operators. He succeeds Erik Hallberg. Anebyd has broad experience from executive business area positions at Ericsson and a global executive network within Telecom and adjacent technology areas.お知らせ • Jul 31Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B).Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020. Under the terms, Vincero acquired extra 37.5 million B shares in Netmore and will now own 26.7% of Netmore. Vincero AB completed the acquisition of an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020.収支内訳Netmore Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史OM:NETM B 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費30 Sep 2384-4641030 Jun 2368-4642031 Mar 2359-3242031 Dec 2254-6740030 Sep 2248-6138030 Jun 2249-6236031 Mar 2249-6536031 Dec 2148-7139030 Sep 2147-7742030 Jun 2147-7542031 Mar 2147-7141031 Dec 2042-6035030 Sep 2038-5016030 Jun 2033-3817031 Dec 1919-2315030 Sep 1912-2418030 Jun 195-2812031 Mar 194-3111031 Dec 183-3010030 Sep 184-2514030 Jun 185-2513031 Mar 186-2512031 Dec 179-2310031 Dec 165-165030 Apr 163-830質の高い収益: NETM Bは現在利益が出ていません。利益率の向上: NETM Bは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: NETM Bは利益が出ておらず、過去 5 年間で損失は年間14%の割合で増加しています。成長の加速: NETM Bの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: NETM Bは利益が出ていないため、過去 1 年間の収益成長をWireless Telecom業界 ( 86.5% ) と比較することは困難です。株主資本利益率高いROE: NETM Bは現在利益が出ていないため、自己資本利益率 ( -111.49% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTelecom 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/02/26 16:49終値2024/02/26 00:00収益2023/09/30年間収益2022/12/31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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Netmore Group AB (publ) 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Bertil NilssonCarlsquare ABForbes GoldmanRedeye
Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. 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 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.
Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.
お知らせ • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.
お知らせ • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.
お知らせ • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.
Breakeven Date Change • Oct 31No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.
Price Target Changed • Oct 31Price target decreased by 29% to kr1.70Down from kr2.40, the current price target is provided by 1 analyst. New target price is 89% above last closing price of kr0.90. Stock is down 43% over the past year. The company posted a net loss per share of kr0.21 last year.
New Risk • Oct 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr20m net loss next year). Market cap is less than US$100m (kr246.5m market cap, or US$22.6m).
Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr320.8m market cap, or US$29.2m).
Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (kr320.8m market cap, or US$29.0m).
Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.
Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. 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 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year whereas the company’s share price has increased by 63% per year.
Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jul 01Chief Product Officer recently sold kr809k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly kr1.50 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 24New 90-day low: kr1.12The company is down 20% from its price of kr1.40 on 25 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Jan 19New 90-day low: kr1.16The company is down 11% from its price of kr1.30 on 21 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 15% over the same period.
Is New 90 Day High Low • Dec 17New 90-day low: kr1.22The company is down 8.0% from its price of kr1.32 on 18 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 12% over the same period.
お知らせ • Dec 03Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million on December 2, 2020. The transaction is valued at around SEK 7.5 million and will be financed with self-generated funds upon implementation. The transaction is expected to be completed during the current month.
お知らせ • Oct 02Netmore Group AB (publ) announced that it expects to receive SEK 30 million in funding from Polar Structured Products IncorporatedNetmore Group AB (publ) (OM:NETM B) announced a private placement of convertible loan for the gross proceed of SEK 30,000,000 on October 1, 2020. The transaction will include participation from new investor Polar Structured Products Incorporated. The term of loan is 3 years with an annual interest rate of 5%. The investor has a right to convert the loan into B-shares of the company during the period starting October 1, 2022 until September 11, 2023 at a conversion price of SEK 3 per share. The transaction has been approved by board of directors of the company.
お知らせ • Sep 04Netmore Group AB (publ) Announces Appointment of Ove Anebygd as CEONetmore Group AB (publ) announced that Ove Anebygd has assumed the role of CEO at the company, joining from Qvantel, where he held a leading position in digital modernisation of telecom operators. He succeeds Erik Hallberg. Anebyd has broad experience from executive business area positions at Ericsson and a global executive network within Telecom and adjacent technology areas.
お知らせ • Jul 31Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B).Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020. Under the terms, Vincero acquired extra 37.5 million B shares in Netmore and will now own 26.7% of Netmore. Vincero AB completed the acquisition of an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020.