Board Change • May 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Tina Jerresand was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 01
Moment Group AB, Annual General Meeting, May 06, 2026 Moment Group AB, Annual General Meeting, May 06, 2026, at 12:00 W. Europe Standard Time. Location: moment groups offices, kungsportshuset,tradgardsgatan 2, 411 08 gothenburg, gothenburg Sweden 공시 • Apr 11
Moment Group AB, Annual General Meeting, May 21, 2025 Moment Group AB, Annual General Meeting, May 21, 2025, at 12:00 W. Europe Standard Time. Location: at kungsportshuset, slice gothenburg, ostralarmgatan 18, 411 07 gothenburg. Sweden New Risk • Nov 17
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: 1.8% Last year net profit margin: 4.6% 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 Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€19.9m market cap, or US$20.9m). Reported Earnings • Nov 17
Third quarter 2024 earnings released: kr1.05 loss per share (vs kr0.62 loss in 3Q 2023) Third quarter 2024 results: kr1.05 loss per share (further deteriorated from kr0.62 loss in 3Q 2023). Revenue: kr229.0m (up 14% from 3Q 2023). Net loss: kr27.0m (loss widened 93% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • Aug 10
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 6.8% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€19.7m market cap, or US$21.5m). Reported Earnings • Jul 22
Second quarter 2024 earnings released: kr0.88 loss per share (vs kr0.84 loss in 2Q 2023) Second quarter 2024 results: kr0.88 loss per share (further deteriorated from kr0.84 loss in 2Q 2023). Revenue: kr211.0m (up 6.6% from 2Q 2023). Net loss: kr22.0m (loss widened 16% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. 공시 • May 05
Moment Group AB, Annual General Meeting, May 14, 2024 Moment Group AB, Annual General Meeting, May 14, 2024. Reported Earnings • May 05
First quarter 2024 earnings released: kr0.21 loss per share (vs kr0.13 profit in 1Q 2023) First quarter 2024 results: kr0.21 loss per share (down from kr0.13 profit in 1Q 2023). Revenue: kr296.0m (up 19% from 1Q 2023). Net loss: kr5.00m (down 267% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Apr 05
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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€25.1m market cap, or US$27.2m). Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr1.96 (vs kr1.99 in FY 2022) Full year 2023 results: EPS: kr1.96. Revenue: kr1.05b (up 24% from FY 2022). Net income: kr45.0m (flat on FY 2022). Profit margin: 4.3% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Dec 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor 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 Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€29.4m market cap, or US$32.0m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: kr0.59 loss per share (vs kr0.97 loss in 3Q 2022) Third quarter 2023 results: kr0.59 loss per share (improved from kr0.97 loss in 3Q 2022). Revenue: kr202.0m (up 23% from 3Q 2022). Net loss: kr14.0m (loss narrowed 36% from 3Q 2022). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.20, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 27x in the Entertainment industry in Germany. Total returns to shareholders of 64% over the past year. New Risk • Jul 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (33% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€24.5m market cap, or US$27.3m). Reported Earnings • Jul 20
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr199.0m (up 12% from 2Q 2022). Net loss: kr19.0m (down 236% from profit in 2Q 2022). Buying Opportunity • Jul 12
Now 20% undervalued Over the last 90 days, the stock is up 7.2%. The fair value is estimated to be €1.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Jun 24
Now 21% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be €1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Jun 24
Now 21% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be €1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable. Board Change • May 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Thomas Engelhart was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공시 • May 04
Moment Group AB to Report Fiscal Year 2023 Results on Feb 09, 2024 Moment Group AB announced that they will report fiscal year 2023 results on Feb 09, 2024 Reported Earnings • May 03
First quarter 2023 earnings released: EPS: kr0.01 (vs kr0.055 loss in 1Q 2022) First quarter 2023 results: EPS: kr0.01 (up from kr0.055 loss in 1Q 2022). Revenue: kr251.0m (up 113% from 1Q 2022). Net income: kr3.00m (up kr28.0m from 1Q 2022). Profit margin: 1.2% (up from net loss in 1Q 2022). Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: kr0.10 (vs kr0.12 in FY 2021) Full year 2022 results: EPS: kr0.10 (down from kr0.12 in FY 2021). Revenue: kr883.0m (up 123% from FY 2021). Net income: kr45.0m (down 5.1% from FY 2021). Profit margin: 5.1% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. 공시 • Feb 11
Moment Group AB, Annual General Meeting, May 10, 2023 Moment Group AB, Annual General Meeting, May 10, 2023. Reported Earnings • Nov 19
Third quarter 2022 earnings released: kr0.05 loss per share (vs kr0.044 loss in 3Q 2021) Third quarter 2022 results: kr0.05 loss per share (further deteriorated from kr0.044 loss in 3Q 2021). Revenue: kr162.0m (up 74% from 3Q 2021). Net loss: kr22.0m (loss widened 16% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Bo Wallblom is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Oct 21
Moment Group AB SHARE AK to Be Deleted from OTC Equity Moment Group AB SHARE AK (Sweden) will be deleted from OTC Equity effective from October 21, 2022, due to Inactive Security. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: kr0.031 (vs kr0.072 loss in 2Q 2021) Second quarter 2022 results: EPS: kr0.031 (up from kr0.072 loss in 2Q 2021). Revenue: kr177.0m (up kr154.0m from 2Q 2021). Net income: kr14.0m (up kr43.0m from 2Q 2021). Profit margin: 7.9% (up from net loss in 2Q 2021). Reported Earnings • May 06
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr124.0m (up 491% from 1Q 2021). Net loss: kr25.0m (down 140% from profit in 1Q 2021). 공시 • May 06
Moment Group AB, Annual General Meeting, May 10, 2022 Moment Group AB, Annual General Meeting, May 10, 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Bo Wallblom is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Feb 13
Moment Group AB Announces Appointment of CEO & Group CEO On 3 February 2022, Moment Group AB announced that Martin du Hane had been appointed by the Board of Directors as permanent CEO and Group CEO of Moment Group AB. Martin du Hane took up the position of pro tem CEO /Group CEO on March 22, 2021, and his appointment has now been made permanent. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr0.11 (up from kr7.06 loss in FY 2020). Revenue: kr483.0m (up 46% from FY 2020). Net income: kr48.0m (up kr260.6m from FY 2020). Profit margin: 9.9% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 70%. Reported Earnings • Nov 12
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr102.0m (up 229% from 3Q 2020). Net loss: kr19.0m (loss narrowed 73% from 3Q 2020). Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The analyst covering Moment Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr5.00m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Reported Earnings • Jul 24
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr45.0m (up 221% from 2Q 2020). Net loss: kr29.0m (loss narrowed 43% from 2Q 2020). Reported Earnings • May 01
First quarter 2021 earnings released First quarter 2021 results: Revenue: kr54.0m (down 77% from 1Q 2020). Net income: kr63.0m (up kr105.0m from 1Q 2020). Recent Insider Transactions • Mar 06
Insider recently sold €88k worth of stock On the 2nd of March, Jan Andersson sold around 424k shares on-market at roughly €0.21 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €47k more than they bought in the last 12 months. Reported Earnings • Feb 07
Full year 2020 earnings released: kr7.06 loss per share (vs kr2.85 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: kr397.0m (down 59% from FY 2019). Net loss: kr213.0m (loss widened 244% from FY 2019).