View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsFantasma Games 배당 및 자사주 매입배당 기준 점검 0/6Fantasma Games 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률-3.5%자사주 매입 수익률총 주주 수익률-3.5%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공고 • Oct 22Nasdaq Updates the Observation Status for Fantasma GamesOn September 18, 2024, the shares in Fantasma Games AB (publ) (the “Company”) were given observation status with reference to a public takeover offer from EveryMatrix Software Limited. On October 11, EveryMatrix Software Limited issued a press release with information that EveryMatrix Software Limited would achieve control of 95.19% of the shares in the Company. The press release further stated that EveryMatrix Software Limited intended to initiate compulsory redemption of the remaining shares in the Company and to seek a delisting of the Company’s shares from Nasdaq First North Growth Market. On October 11, 2024, the Company issued a press release with information that the Company had resolved to submit an application for delisting of its shares from Nasdaq First North Growth Market. Nasdaq Stockholm AB has also received such an application from the Company. The rules of Nasdaq First North Growth Market state that an issuer may be given observation status if the issuer has applied to have the shares removed from trading. With reference to the above, Nasdaq Stockholm AB decides to update the observation status for the shares in Fantasma Games AB (publ) (FAGA, ISIN code SE0015557053, order book ID 218967).공고 • Oct 11EveryMatrix Limited completed the acquisition of Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders.EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million on September 18, 2024. EveryMatrix offers a cash consideration of SEK 59 per share in Fantasma, corresponding to a value of all shares in the Company of SEK 209.8 million. The Offer represents a premium of 40% compared to the closing price of Fantasma’s shares on Nasdaq First North on 17 September 2024 of SEK 48.60. The Independent Bid Committee of Fantasma Games AB (publ) (“Fantasma” or the “Company”) has unanimously resolved to recommend the shareholders of Fantasma to accept EveryMatrix Software Limited’s public offer. The acceptance period for the Offer is expected to commence on 19 September 2024 and end on or around 10 October 2024, subject to any extensions. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that EveryMatrix becomes the owner of more than 90 per cent of the total number of outstanding shares in the Company. EveryMatrix has reserved the right to waive one or several of the conditions for completion of the Offer. EveryMatrix has obtained irrevocable undertakings to accept the Offer from several of the Company’s largest shareholders. Accordingly, irrevocable undertakings to accept the Offer from shareholders representing in total 50.79% of all shares in Fantasma have been obtained. Fantasma’s Independent Bid Committee, comprising the independent members of Fantasma’s board of directors Antonia Svensson, Johan Styren and Johan Köningslehner, recommends the shareholders of Fantasma to accept the Offer. The Independent Bid Committee has obtained a fairness opinion (attached to this press release) from the independent expert Svalner Skatt & Transaktion KB (“Svalner”) according to which the Offer, in Svalner’s opinion, is fair to Fantasma’s shareholders from a financial point of view. Svalner receives a fixed fee for the fairness opinion that is not dependent on the outcome of the Offer. Eric Holmberg, Chairman of the Board, and Martin Fagerlund, Board member, have undertaken towards EveryMatrix to accept the Offer. Caroline Jägenstedt Wikman and Erika Olofsson of Gernandt & Danielsson Advokatbyrå KB acted as legal advisor to EveryMatrix Limited. The Independent Bid Committee has retained Penser by Carnegie and Carnegie Investment Bank AB (publ) as financial advisors and Snellman Advokatbyrå AB as legal advisor in connection with the Offer. EveryMatrix Limited completed the acquisition of Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders on October 10, 2024. The Offer was accepted by shareholders holding 85.65 per cent of all shares in Fantasma during the acceptance period that ended on 10 October 2024. EveryMatrix has decided to complete the Offer and acquire the shares tendered in the Offer. This means that EveryMatrix, together with shares acquired by EveryMatrix outside the Offer as well as an irrevocable and unconditional sale commitment, will become the owner of 95.19 per cent of all shares in Fantasma. Settlement in respect of the shares tendered in the Offer is expected to commence on or around 18 October 2024. EveryMatrix has decided not to extend the acceptance period and the Offer is therefore closed. EveryMatrix intends to commence a compulsory buy-out procedure in accordance with the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)) in respect of the remaining shares in Fantasma not owned by EveryMatrix as well as promote a delisting of the shares in Fantasma from Nasdaq First North Growth Market.공고 • Sep 20EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million.EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million on September 18, 2024. EveryMatrix offers a cash consideration of SEK 59 per share in Fantasma, corresponding to a value of all shares in the Company of SEK 209.8 million. The Offer represents a premium of 40% compared to the closing price of Fantasma’s shares on Nasdaq First North on 17 September 2024 of SEK 48.60. The Independent Bid Committee of Fantasma Games AB (publ) (“Fantasma” or the “Company”) has unanimously resolved to recommend the shareholders of Fantasma to accept EveryMatrix Software Limited’s public offer. The acceptance period for the Offer is expected to commence on 19 September 2024 and end on or around 10 October 2024, subject to any extensions. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that EveryMatrix becomes the owner of more than 90 per cent of the total number of outstanding shares in the Company. EveryMatrix has reserved the right to waive one or several of the conditions for completion of the Offer. EveryMatrix has obtained irrevocable undertakings to accept the Offer from several of the Company’s largest shareholders. Accordingly, irrevocable undertakings to accept the Offer from shareholders representing in total 50.79% of all shares in Fantasma have been obtained. Fantasma’s Independent Bid Committee, comprising the independent members of Fantasma’s board of directors Antonia Svensson, Johan Styren and Johan Köningslehner, recommends the shareholders of Fantasma to accept the Offer. The Independent Bid Committee has obtained a fairness opinion (attached to this press release) from the independent expert Svalner Skatt & Transaktion KB (“Svalner”) according to which the Offer, in Svalner’s opinion, is fair to Fantasma’s shareholders from a financial point of view. Svalner receives a fixed fee for the fairness opinion that is not dependent on the outcome of the Offer. Eric Holmberg, Chairman of the Board, and Martin Fagerlund, Board member, have undertaken towards EveryMatrix to accept the Offer. Caroline Jägenstedt Wikman and Erika Olofsson of Gernandt & Danielsson Advokatbyrå KB acted as legal advisor to EveryMatrix Limited. The Independent Bid Committee has retained Penser by Carnegie and Carnegie Investment Bank AB (publ) as financial advisors and Snellman Advokatbyrå AB as legal advisor in connection with the Offer.Board Change • Sep 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Simon Blomqvist was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 08Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr15.2m (up 42% from 2Q 2023). Net income: kr1.20m (up kr2.55m from 2Q 2023). Profit margin: 7.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • May 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr4.0m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr4.0m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (kr49m revenue, or US$4.5m). Market cap is less than US$100m (€13.7m market cap, or US$14.7m).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €3.87, the stock trades at a trailing P/E ratio of 73.4x. Average forward P/E is 54x in the Entertainment industry in Germany. Total returns to shareholders of 4.6% over the past three years.Reported Earnings • Apr 22Full year 2023 earnings released: EPS: kr0.64 (vs kr0.95 loss in FY 2022)Full year 2023 results: EPS: kr0.64 (up from kr0.95 loss in FY 2022). Revenue: kr50.3m (up 30% from FY 2022). Net income: kr2.27m (up kr5.44m from FY 2022). Profit margin: 4.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €4.24, the stock trades at a trailing P/E ratio of 76.5x. Average forward P/E is 9x in the Entertainment industry in Germany. Total loss to shareholders of 13% over the past year.Reported Earnings • Mar 10Full year 2023 earnings released: EPS: kr0.64 (vs kr0.95 loss in FY 2022)Full year 2023 results: EPS: kr0.64 (up from kr0.95 loss in FY 2022). Revenue: kr50.3m (up 30% from FY 2022). Net income: kr2.27m (up kr5.44m from FY 2022). Profit margin: 4.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany.Reported Earnings • Aug 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr10.7m (up 20% from 2Q 2022). Net loss: kr1.35m (loss widened 58% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Entertainment industry in Germany.Reported Earnings • Mar 07Full year 2022 earnings released: kr0.89 loss per share (vs kr2.93 loss in FY 2021)Full year 2022 results: kr0.89 loss per share (improved from kr2.93 loss in FY 2021). Revenue: kr38.6m (up 176% from FY 2021). Net loss: kr3.17m (loss narrowed 57% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Board Member Martin Fagerlund was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr2.50 loss per share. Revenue: kr14.0m (up 37% from FY 2020). Net loss: kr7.45m (loss widened kr6.89m from FY 2020). Revenue was in line with analyst estimates.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 7V5 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 7V5 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Fantasma Games 배당 수익률 vs 시장7V5의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (7V5)n/a시장 하위 25% (DE)1.6%시장 상위 25% (DE)4.7%업계 평균 (Entertainment)2.6%분석가 예측 (7V5) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 7V5 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 7V5 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 7V5 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 7V5 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/10/14 11:36종가2024/10/14 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Fantasma Games AB (publ)는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Anton HoofRedeye
공고 • Oct 22Nasdaq Updates the Observation Status for Fantasma GamesOn September 18, 2024, the shares in Fantasma Games AB (publ) (the “Company”) were given observation status with reference to a public takeover offer from EveryMatrix Software Limited. On October 11, EveryMatrix Software Limited issued a press release with information that EveryMatrix Software Limited would achieve control of 95.19% of the shares in the Company. The press release further stated that EveryMatrix Software Limited intended to initiate compulsory redemption of the remaining shares in the Company and to seek a delisting of the Company’s shares from Nasdaq First North Growth Market. On October 11, 2024, the Company issued a press release with information that the Company had resolved to submit an application for delisting of its shares from Nasdaq First North Growth Market. Nasdaq Stockholm AB has also received such an application from the Company. The rules of Nasdaq First North Growth Market state that an issuer may be given observation status if the issuer has applied to have the shares removed from trading. With reference to the above, Nasdaq Stockholm AB decides to update the observation status for the shares in Fantasma Games AB (publ) (FAGA, ISIN code SE0015557053, order book ID 218967).
공고 • Oct 11EveryMatrix Limited completed the acquisition of Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders.EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million on September 18, 2024. EveryMatrix offers a cash consideration of SEK 59 per share in Fantasma, corresponding to a value of all shares in the Company of SEK 209.8 million. The Offer represents a premium of 40% compared to the closing price of Fantasma’s shares on Nasdaq First North on 17 September 2024 of SEK 48.60. The Independent Bid Committee of Fantasma Games AB (publ) (“Fantasma” or the “Company”) has unanimously resolved to recommend the shareholders of Fantasma to accept EveryMatrix Software Limited’s public offer. The acceptance period for the Offer is expected to commence on 19 September 2024 and end on or around 10 October 2024, subject to any extensions. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that EveryMatrix becomes the owner of more than 90 per cent of the total number of outstanding shares in the Company. EveryMatrix has reserved the right to waive one or several of the conditions for completion of the Offer. EveryMatrix has obtained irrevocable undertakings to accept the Offer from several of the Company’s largest shareholders. Accordingly, irrevocable undertakings to accept the Offer from shareholders representing in total 50.79% of all shares in Fantasma have been obtained. Fantasma’s Independent Bid Committee, comprising the independent members of Fantasma’s board of directors Antonia Svensson, Johan Styren and Johan Köningslehner, recommends the shareholders of Fantasma to accept the Offer. The Independent Bid Committee has obtained a fairness opinion (attached to this press release) from the independent expert Svalner Skatt & Transaktion KB (“Svalner”) according to which the Offer, in Svalner’s opinion, is fair to Fantasma’s shareholders from a financial point of view. Svalner receives a fixed fee for the fairness opinion that is not dependent on the outcome of the Offer. Eric Holmberg, Chairman of the Board, and Martin Fagerlund, Board member, have undertaken towards EveryMatrix to accept the Offer. Caroline Jägenstedt Wikman and Erika Olofsson of Gernandt & Danielsson Advokatbyrå KB acted as legal advisor to EveryMatrix Limited. The Independent Bid Committee has retained Penser by Carnegie and Carnegie Investment Bank AB (publ) as financial advisors and Snellman Advokatbyrå AB as legal advisor in connection with the Offer. EveryMatrix Limited completed the acquisition of Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders on October 10, 2024. The Offer was accepted by shareholders holding 85.65 per cent of all shares in Fantasma during the acceptance period that ended on 10 October 2024. EveryMatrix has decided to complete the Offer and acquire the shares tendered in the Offer. This means that EveryMatrix, together with shares acquired by EveryMatrix outside the Offer as well as an irrevocable and unconditional sale commitment, will become the owner of 95.19 per cent of all shares in Fantasma. Settlement in respect of the shares tendered in the Offer is expected to commence on or around 18 October 2024. EveryMatrix has decided not to extend the acceptance period and the Offer is therefore closed. EveryMatrix intends to commence a compulsory buy-out procedure in accordance with the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)) in respect of the remaining shares in Fantasma not owned by EveryMatrix as well as promote a delisting of the shares in Fantasma from Nasdaq First North Growth Market.
공고 • Sep 20EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million.EveryMatrix Limited made an offer to acquire Fantasma Games AB (publ) (OM:FAGA) from CF Digital Developments AB, Dundo AB, KL Capital AB and other shareholders for approximately SEK 210 million on September 18, 2024. EveryMatrix offers a cash consideration of SEK 59 per share in Fantasma, corresponding to a value of all shares in the Company of SEK 209.8 million. The Offer represents a premium of 40% compared to the closing price of Fantasma’s shares on Nasdaq First North on 17 September 2024 of SEK 48.60. The Independent Bid Committee of Fantasma Games AB (publ) (“Fantasma” or the “Company”) has unanimously resolved to recommend the shareholders of Fantasma to accept EveryMatrix Software Limited’s public offer. The acceptance period for the Offer is expected to commence on 19 September 2024 and end on or around 10 October 2024, subject to any extensions. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that EveryMatrix becomes the owner of more than 90 per cent of the total number of outstanding shares in the Company. EveryMatrix has reserved the right to waive one or several of the conditions for completion of the Offer. EveryMatrix has obtained irrevocable undertakings to accept the Offer from several of the Company’s largest shareholders. Accordingly, irrevocable undertakings to accept the Offer from shareholders representing in total 50.79% of all shares in Fantasma have been obtained. Fantasma’s Independent Bid Committee, comprising the independent members of Fantasma’s board of directors Antonia Svensson, Johan Styren and Johan Köningslehner, recommends the shareholders of Fantasma to accept the Offer. The Independent Bid Committee has obtained a fairness opinion (attached to this press release) from the independent expert Svalner Skatt & Transaktion KB (“Svalner”) according to which the Offer, in Svalner’s opinion, is fair to Fantasma’s shareholders from a financial point of view. Svalner receives a fixed fee for the fairness opinion that is not dependent on the outcome of the Offer. Eric Holmberg, Chairman of the Board, and Martin Fagerlund, Board member, have undertaken towards EveryMatrix to accept the Offer. Caroline Jägenstedt Wikman and Erika Olofsson of Gernandt & Danielsson Advokatbyrå KB acted as legal advisor to EveryMatrix Limited. The Independent Bid Committee has retained Penser by Carnegie and Carnegie Investment Bank AB (publ) as financial advisors and Snellman Advokatbyrå AB as legal advisor in connection with the Offer.
Board Change • Sep 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Simon Blomqvist was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 08Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr15.2m (up 42% from 2Q 2023). Net income: kr1.20m (up kr2.55m from 2Q 2023). Profit margin: 7.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • May 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr4.0m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr4.0m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (kr49m revenue, or US$4.5m). Market cap is less than US$100m (€13.7m market cap, or US$14.7m).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €3.87, the stock trades at a trailing P/E ratio of 73.4x. Average forward P/E is 54x in the Entertainment industry in Germany. Total returns to shareholders of 4.6% over the past three years.
Reported Earnings • Apr 22Full year 2023 earnings released: EPS: kr0.64 (vs kr0.95 loss in FY 2022)Full year 2023 results: EPS: kr0.64 (up from kr0.95 loss in FY 2022). Revenue: kr50.3m (up 30% from FY 2022). Net income: kr2.27m (up kr5.44m from FY 2022). Profit margin: 4.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €4.24, the stock trades at a trailing P/E ratio of 76.5x. Average forward P/E is 9x in the Entertainment industry in Germany. Total loss to shareholders of 13% over the past year.
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: kr0.64 (vs kr0.95 loss in FY 2022)Full year 2023 results: EPS: kr0.64 (up from kr0.95 loss in FY 2022). Revenue: kr50.3m (up 30% from FY 2022). Net income: kr2.27m (up kr5.44m from FY 2022). Profit margin: 4.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany.
Reported Earnings • Aug 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr10.7m (up 20% from 2Q 2022). Net loss: kr1.35m (loss widened 58% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Entertainment industry in Germany.
Reported Earnings • Mar 07Full year 2022 earnings released: kr0.89 loss per share (vs kr2.93 loss in FY 2021)Full year 2022 results: kr0.89 loss per share (improved from kr2.93 loss in FY 2021). Revenue: kr38.6m (up 176% from FY 2021). Net loss: kr3.17m (loss narrowed 57% from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Board Member Martin Fagerlund was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr2.50 loss per share. Revenue: kr14.0m (up 37% from FY 2020). Net loss: kr7.45m (loss widened kr6.89m from FY 2020). Revenue was in line with analyst estimates.