New Risk • 45m
New major risk - Negative shareholders equity The company has negative equity. Total equity: -kr528k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-kr96k free cash flow). Share price has been highly volatile over the past 3 months (97% average weekly change). Negative equity (-kr528k). Shareholders have been substantially diluted in the past year (160% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€262.2k market cap, or US$304.3k). Board Change • May 21
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Chairman of the Board Joakim Dahl is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 공시 • Apr 22
Sociallite US AB (publ) to Report Q1, 2026 Results on May 21, 2026 Sociallite US AB (publ) announced that they will report Q1, 2026 results on May 21, 2026 공시 • Jan 29
Sociallite US AB (publ) to Report Fiscal Year 2025 Results on Feb 27, 2026 Sociallite US AB (publ) announced that they will report fiscal year 2025 results on Feb 27, 2026 공시 • Oct 22
Sociallite US AB (publ) to Report Q3, 2025 Results on Nov 20, 2025 Sociallite US AB (publ) announced that they will report Q3, 2025 results on Nov 20, 2025 공시 • Jul 28
Sociallite US AB (publ) to Report Q2, 2025 Results on Aug 26, 2025 Sociallite US AB (publ) announced that they will report Q2, 2025 results on Aug 26, 2025 공시 • Apr 24
Sociallite US AB (publ) to Report Q1, 2025 Results on May 22, 2025 Sociallite US AB (publ) announced that they will report Q1, 2025 results on May 22, 2025 공시 • Mar 04
An undisclosed buyer agreed to acquire Affiliate business area including domain names and content from Sociallite US AB (publ) (DB:8450) for SEK 2 million. An undisclosed buyer agreed to acquire Affiliate business area including domain names and content from Sociallite US AB (publ) (DB:8450) for approximately SEK 2 million on March 3, 2025. The transaction amounts to approximately SEK 2 million, of which approximately SEK 1 million is paid upon the conclusion of the agreement and the remaining part represents a variable remuneration of up to approximately SEK 1 million depending on milestones achieved. 공시 • Jan 22
Sociallite US AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025 Sociallite US AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025 공시 • Oct 23
Sociallite US AB (publ) to Report Nine Months, 2024 Results on Nov 21, 2024 Sociallite US AB (publ) announced that they will report nine months, 2024 results on Nov 21, 2024 Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr1.19 loss per share (vs kr3.00 loss in 2Q 2023) Second quarter 2024 results: kr1.19 loss per share (improved from kr3.00 loss in 2Q 2023). Revenue: kr4.04m (up 4.3% from 2Q 2023). Net loss: kr4.69m (loss narrowed 32% from 2Q 2023). 공시 • Jul 24
Sociallite US AB (publ) to Report Q2, 2024 Results on Aug 22, 2024 Sociallite US AB (publ) announced that they will report Q2, 2024 results on Aug 22, 2024 New Risk • Jun 10
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: -kr2.0m 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr2.0m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Market cap is less than US$10m (€480.8k market cap, or US$517.0k). Minor Risk Revenue is less than US$5m (kr14m revenue, or US$1.4m). New Risk • Jun 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% 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 (24% average weekly change). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Market cap is less than US$10m (€472.9k market cap, or US$513.0k). Minor Risk Revenue is less than US$5m (kr15m revenue, or US$1.4m). Reported Earnings • May 24
First quarter 2024 earnings released: kr1.73 loss per share (vs kr3.00 loss in 1Q 2023) First quarter 2024 results: kr1.73 loss per share (improved from kr3.00 loss in 1Q 2023). Revenue: kr4.12m (down 8.1% from 1Q 2023). Net loss: kr5.06m (loss narrowed 22% from 1Q 2023). 공시 • Apr 24
Sociallite US AB (publ) to Report Q1, 2024 Results on May 23, 2024 Sociallite US AB (publ) announced that they will report Q1, 2024 results on May 23, 2024 공시 • Apr 17
Sociallite US AB (publ), Annual General Meeting, May 16, 2024 Sociallite US AB (publ), Annual General Meeting, May 16, 2024. Reported Earnings • Feb 21
Full year 2023 earnings released: kr18.56 loss per share (vs kr143 loss in FY 2022) Full year 2023 results: kr18.56 loss per share (improved from kr143 loss in FY 2022). Revenue: kr14.9m (down 17% from FY 2022). Net loss: kr54.2m (loss narrowed 51% from FY 2022). 공시 • Jan 22
Sociallite US AB (publ) to Report Fiscal Year 2023 Results on Feb 20, 2024 Sociallite US AB (publ) announced that they will report fiscal year 2023 results on Feb 20, 2024 Reported Earnings • Nov 24
Third quarter 2023 earnings released: kr0.04 loss per share (vs kr15.00 loss in 3Q 2022) Third quarter 2023 results: kr0.04 loss per share (improved from kr15.00 loss in 3Q 2022). Revenue: kr3.45m (down 23% from 3Q 2022). Net loss: kr9.18m (loss narrowed 16% from 3Q 2022). 공시 • Oct 23
Sociallite US AB (publ) to Report Nine Months, 2023 Results on Nov 21, 2023 Sociallite US AB (publ) announced that they will report nine months, 2023 results on Nov 21, 2023 Reported Earnings • Aug 23
Second quarter 2023 earnings released: kr0.03 loss per share (vs kr13.00 loss in 2Q 2022) Second quarter 2023 results: kr0.03 loss per share (improved from kr13.00 loss in 2Q 2022). Revenue: kr3.88m (down 4.8% from 2Q 2022). Net loss: kr6.88m (loss narrowed 33% from 2Q 2022). 공시 • Jul 24
Sociallite US AB (publ) to Report Q2, 2023 Results on Aug 22, 2023 Sociallite US AB (publ) announced that they will report Q2, 2023 results on Aug 22, 2023 Reported Earnings • May 30
First quarter 2023 earnings released: kr0.03 loss per share (vs kr0.16 loss in 1Q 2022) First quarter 2023 results: kr0.03 loss per share (improved from kr0.16 loss in 1Q 2022). Revenue: kr4.50m (down 25% from 1Q 2022). Net loss: kr6.50m (loss narrowed 49% from 1Q 2022). 공시 • Jan 30
Sociallite US AB (publ) to Report Fiscal Year 2022 Results on Feb 28, 2023 Sociallite US AB (publ) announced that they will report fiscal year 2022 results on Feb 28, 2023 Board Change • Dec 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Alexander Benitez was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.