Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Director Andreas Claesson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Mar 28
Saxlund Group AB (publ), Annual General Meeting, Apr 30, 2026 Saxlund Group AB (publ), Annual General Meeting, Apr 30, 2026, at 11:00 W. Europe Standard Time. Location: tm & partners` premises at jakobs torg 3, 111 52 stockholm, stockholm Sweden 공고 • Apr 01
Saxlund Group AB (publ), Annual General Meeting, Apr 30, 2025 Saxlund Group AB (publ), Annual General Meeting, Apr 30, 2025, at 11:00 W. Europe Standard Time. Location: at the premises of, torngren magnell & partners advokatfirma at, jakobs torg 3, 111 52 stockholm Sweden New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 5.0% 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 Share price has been highly volatile over the past 3 months (180% average daily change). Earnings have declined by 5.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Market cap is less than US$10m (€5.34m market cap, or US$5.72m). Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.003 (vs kr0 in 3Q 2023) Third quarter 2024 results: EPS: kr0.003 (up from kr0 in 3Q 2023). Revenue: kr79.8m (down 19% from 3Q 2023). Net income: kr2.10m (up kr2.42m from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. New Risk • Oct 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 10x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (196% average daily change). Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Market cap is less than US$10m (€5.45m market cap, or US$5.94m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: kr0.01 loss per share (vs kr0.002 loss in 2Q 2023) Second quarter 2024 results: kr0.01 loss per share (further deteriorated from kr0.002 loss in 2Q 2023). Revenue: kr73.3m (down 2.4% from 2Q 2023). Net loss: kr6.46m (loss widened 306% from 2Q 2023). Reported Earnings • May 05
First quarter 2024 earnings released: kr0.01 loss per share (vs kr0.015 loss in 1Q 2023) First quarter 2024 results: kr0.01 loss per share (improved from kr0.015 loss in 1Q 2023). Revenue: kr75.9m (up 12% from 1Q 2023). Net loss: kr6.70m (loss narrowed 32% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.042 loss per share (vs kr0.016 loss in FY 2022) Full year 2023 results: kr0.042 loss per share (further deteriorated from kr0.016 loss in FY 2022). Revenue: kr308.5m (up 23% from FY 2022). Net loss: kr26.7m (loss widened 161% from FY 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. New Risk • Nov 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr16m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-kr16m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Market cap is less than US$10m (€7.73m market cap, or US$8.29m). Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: kr0 (vs kr0 in 3Q 2022) Third quarter 2023 results: EPS: kr0 (in line with 3Q 2022). Revenue: kr98.6m (up 81% from 3Q 2022). Net loss: kr320.0k (down 231% from profit in 3Q 2022). Reported Earnings • Aug 27
Second quarter 2023 earnings released: kr0.002 loss per share (vs kr0.002 profit in 2Q 2022) Second quarter 2023 results: kr0.002 loss per share (down from kr0.002 profit in 2Q 2022). Revenue: kr75.3m (up 2.4% from 2Q 2022). Net loss: kr1.59m (down 204% from profit in 2Q 2022). Reported Earnings • Feb 18
Full year 2022 earnings released: kr0.016 loss per share (vs kr0.003 profit in FY 2021) Full year 2022 results: kr0.016 loss per share (down from kr0.003 profit in FY 2021). Revenue: kr250.6m (down 2.8% from FY 2021). Net loss: kr10.2m (down kr12.3m from profit in FY 2021). Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: kr0.002 (vs kr0.002 in 2Q 2021) Second quarter 2022 results: EPS: kr0.002 (vs kr0.002 in 2Q 2021). Revenue: kr73.6m (down 21% from 2Q 2021). Net income: kr1.52m (up 40% from 2Q 2021). Profit margin: 2.1% (up from 1.2% in 2Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • May 01
First quarter 2022 earnings released: EPS: kr0.001 (vs kr0 in 1Q 2021) First quarter 2022 results: EPS: kr0.001 (up from kr0 in 1Q 2021). Revenue: kr84.6m (up 74% from 1Q 2021). Net income: kr907.0k (up kr849.0k from 1Q 2021). Profit margin: 1.1% (up from 0.1% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: kr0.003 (vs kr0.071 loss in FY 2020) Full year 2021 results: EPS: kr0.003 (up from kr0.071 loss in FY 2020). Revenue: kr257.8m (up 61% from FY 2020). Net income: kr2.12m (up kr30.5m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Recent Insider Transactions • Feb 20
Director recently bought €91k worth of stock On the 16th of February, Linus Johansson bought around 2m shares on-market at roughly €0.045 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €372k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.003 (up from kr0.071 loss in FY 2020). Revenue: kr260.7m (up 62% from FY 2020). Net income: kr2.12m (up kr30.5m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. 공고 • Jan 15
Saxlund Group AB (publ) (OM:SAXG) acquired IMUS AB for SEK 7.8 million. Saxlund Group AB (publ) (OM:SAXG) acquired IMUS AB for SEK 7.8 million on January 13, 2022. As per the transaction, Saxlund Group AB (publ) issued 15,460,526 new shares in Saxlund Group AB (publ) and an additional earnout payment of upto SEK 1 million. Imus has annual sales of approximately SEK 18 million.
Saxlund Group AB (publ) (OM:SAXG) completed the acquisition of IMUS AB on January 13, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS kr0.001 (vs kr0.022 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr66.8m (up 92% from 3Q 2020). Net income: kr665.0k (up kr7.94m from 3Q 2020). Profit margin: 1.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Recent Insider Transactions • Jul 01
Director recently bought €281k worth of stock On the 28th of June, Mats Gabrielsson bought around 8m shares on-market at roughly €0.037 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €665k more in shares than they have sold in the last 12 months. Reported Earnings • May 02
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr50.2m (up 1.0% from 1Q 2020). Net income: kr58.0k (up kr3.75m from 1Q 2020). Profit margin: 0.1% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Recent Insider Transactions • Feb 19
Director recently bought €385k worth of stock On the 18th of February, Mats Gabrielsson bought around 9m shares on-market at roughly €0.043 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 18
Full year 2020 earnings released: kr0.071 loss per share (vs kr0.06 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr163.7m (down 18% from FY 2019). Net loss: kr28.4m (loss widened 54% from FY 2019).