Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Mikael Vetterskog was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Apr 13
Guideline Geo AB (publ), Annual General Meeting, May 21, 2026 Guideline Geo AB (publ), Annual General Meeting, May 21, 2026, at 16:00 W. Europe Standard Time. Location: solna gate, hemvarnsgatan 9, 171 54, solna Sweden 공고 • Apr 09
Guideline Geo AB (publ), Annual General Meeting, May 15, 2025 Guideline Geo AB (publ), Annual General Meeting, May 15, 2025, at 16:00 W. Europe Standard Time. Location: in solna gate, hemvansgatan 9, 171 54 solna. Sweden Recent Insider Transactions • Nov 04
Independent Chairman of the Board recently bought €65k worth of stock On the 31st of October, Anders Gemfors bought around 90k shares on-market at roughly €0.72 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anders has been a buyer over the last 12 months, purchasing a net total of €288k worth in shares. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: kr0.046 (vs kr0.61 in 3Q 2023) Third quarter 2024 results: EPS: kr0.046 (down from kr0.61 in 3Q 2023). Revenue: kr47.0m (down 8.3% from 3Q 2023). Net income: kr520.0k (down 92% from 3Q 2023). Profit margin: 1.1% (down from 13% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Oct 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.02m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Market cap is less than US$10m (€9.02m market cap, or US$9.98m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). 공고 • Sep 25
Guideline Geo AB (publ) Launches the MALA GeoDrone 600 Guideline Geo AB (publ) launches the MALA GeoDrone 600, an advanced and intelligent Ground Penetrating Radar (GPR) solution designed specifically for near-surface airborne surveys. This new release also includes significant updates to the data collection and the data processing software. The MALA GeoDrone600 is an innovative airborne GPR antenna, utilizing the latest GPR HDR technology from Guideline Geo. With the new GeoDrone 600 take an important step towards making shallow geological investigations and environmental surveys, even easier. The MALA Geo Drone 600 is the latest addition to Guideline Geo's portfolio of drone-based GPR antennas and is available for order on September 24, 2024. Recent Insider Transactions • Sep 18
Independent Chairman of the Board recently bought €33k worth of stock On the 13th of September, Anders Gemfors bought around 38k shares on-market at roughly €0.88 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anders has been a buyer over the last 12 months, purchasing a net total of €223k worth in shares. Reported Earnings • Aug 21
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr55.6m (up 17% from 2Q 2023). Net income: kr1.98m (up 26% from 2Q 2023). Profit margin: 3.6% (up from 3.3% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €1.09, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 13x in the Energy Services industry in Europe. Total returns to shareholders of 62% over the past three years. Recent Insider Transactions • May 16
MD & CEO recently bought €61k worth of stock On the 13th of May, Malin Siberg bought around 68k shares on-market at roughly €0.91 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Malin has been a buyer over the last 12 months, purchasing a net total of €73k worth in shares. Reported Earnings • Apr 28
First quarter 2024 earnings released: kr0.59 loss per share (vs kr0.094 profit in 1Q 2023) First quarter 2024 results: kr0.59 loss per share (down from kr0.094 profit in 1Q 2023). Revenue: kr38.7m (down 17% from 1Q 2023). Net loss: kr6.74m (down kr7.81m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.46, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 118% over the past three years. 공고 • Feb 29
Guideline Geo AB (publ) Launches Groundtem, A New Product Line Targeting the Ground Water Sector Guideline Geo AB (publ) launched GroundTEM, a new product line targeting the groundwater market. The launch of GoundTEM is the first product line launched from the OEM partnership between Guideline Geo and TEMcompany signed in November 2023. The company vision is to make geophysical methods such as TEM (transient electromagnetic) and Resistivity accessible and easy-to-use within the ground water sector. With the new GroundTEM models i5 and i10 the company take an important step towards making groundwater and environmental surveys even easier. Reported Earnings • Feb 18
Full year 2023 earnings released: EPS: kr1.30 (vs kr0.48 in FY 2022) Full year 2023 results: EPS: kr1.30 (up from kr0.48 in FY 2022). Revenue: kr221.8m (up 23% from FY 2022). Net income: kr14.8m (up 168% from FY 2022). Profit margin: 6.7% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €1.25, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 70% over the past three years. Buying Opportunity • Jan 05
Now 21% undervalued Over the last 90 days, the stock is up 80%. The fair value is estimated to be €1.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 64%. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.01, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 60% over the past three years. New Risk • Dec 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (€9.13m market cap, or US$9.88m). New Risk • Oct 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€6.73m market cap, or US$7.13m). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). 공고 • Sep 05
Guideline Geo Launches MALÅ MIRA Compact - A Solution to Simplify and Increase Productivity for 3D GPR Surveys Guideline Geo announced the release of MALA MIRA Compact, a versatile array solution for 3D GPR (Ground Penetrating Radar) mapping. Designed for high resolution, near-surface, GPR surveys. This innovative easy-to-use solution simplifies customer workflows, increases productivity with unmatched data quality. Applications include utility locating, general ground investigations and archaeology. To optimize the customer workflow, Guideline Geo is also launching two newly developed software solutions; MIRA Controller and MALA Vision Desktop. MIRA Controller is used for data collection in the field. The software efficiently guides users from start to finish with unique features such as built-in-guidance, planning tools, map- and GIS-support, and instant data visualization. MALA Vision Desktop is a post-processing software based on the existing cloud software MALA Vision Web. The software is designed for post-processing and interpretation of larger data sets collected with GPR solutions. It features fast processing, easy-to-use tools for interpretation, reporting and dynamic export. New Risk • Aug 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.8% 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: Major Risk Market cap is less than US$10m (€6.82m market cap, or US$7.36m). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin). Board Change • Jun 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Board Member Kaj Möller was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 12
Independent Chairman of the Board recently bought €5.2k worth of stock On the 8th of June, Anders Gemfors bought around 8k shares on-market at roughly €0.64 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €19k. Anders has been a buyer over the last 12 months, purchasing a net total of €75k worth in shares. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: kr0.48 (vs kr0.12 loss in FY 2021) Full year 2022 results: EPS: kr0.48 (up from kr0.12 loss in FY 2021). Revenue: kr180.4m (up 19% from FY 2021). Net income: kr5.53m (up kr6.91m from FY 2021). Profit margin: 3.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: kr0.30 (vs kr0.29 loss in 2Q 2021) Second quarter 2022 results: EPS: kr0.30 (up from kr0.29 loss in 2Q 2021). Revenue: kr50.5m (up 52% from 2Q 2021). Net income: kr3.49m (up kr6.82m from 2Q 2021). Profit margin: 6.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2022 earnings released: kr0.053 loss per share (vs kr0.33 loss in 1Q 2021) First quarter 2022 results: kr0.053 loss per share (up from kr0.33 loss in 1Q 2021). Revenue: kr41.2m (up 54% from 1Q 2021). Net loss: kr606.0k (loss narrowed 84% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 09
Full year 2021 earnings released: kr0.12 loss per share (vs kr2.64 profit in FY 2020) Full year 2021 results: kr0.12 loss per share (down from kr2.64 profit in FY 2020). Revenue: kr151.5m (up 34% from FY 2020). Net loss: kr1.38m (down 105% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.12 loss per share (down from kr2.64 profit in FY 2020). Revenue: kr156.4m (up 39% from FY 2020). Net loss: kr1.38m (down 105% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS kr0.23 (vs kr2.96 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr39.2m (up 49% from 3Q 2020). Net income: kr2.58m (down 92% from 3Q 2020). Profit margin: 6.6% (down from 129% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2021 earnings released: kr0.29 loss per share (vs kr0.077 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings and control over costs, although revenues were flat. Second quarter 2021 results: Revenue: kr33.7m (flat on 2Q 2020). Net loss: kr3.33m (down 478% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 10
First quarter 2021 earnings released: kr0.33 loss per share (vs kr0.35 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr27.5m (up 51% from 1Q 2020). Net loss: kr3.80m (loss narrowed 4.1% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 13
Full year 2020 earnings released: EPS kr2.64 (vs kr0.079 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr119.2m (down 4.2% from FY 2019). Net income: kr30.2m (up kr29.3m from FY 2019). Profit margin: 25% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 05
New 90-day high: €0.89 The company is up 62% from its price of €0.55 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 32% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: €0.68 The company is up 15% from its price of €0.59 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 40% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: €0.66 The company is up 5.0% from its price of €0.63 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: €0.65 The company is up 2.0% from its price of €0.64 on 22 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 36% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS kr2.96 Third quarter 2020 results: Revenue: kr28.8m (up 3.7% from 3Q 2019). Net income: kr33.8m (up kr33.6m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. 
