공시 • Feb 22
Kahoot! Is Now Available in Indonesian and Continues Its Expansion Across Southeast Asia Kahoot! is announcing the localization of the Kahoot! mobile apps and online platform in Indonesian. The addition of Indonesian language support on Kahoot! is part of the company's strategy to continue its accelerated growth in Asia. The launch of Indonesian also marks a significant milestone in the company's efforts to bring fun and engaging learning experiences to people of all ages in the region. Kahoot! has become a go-to platform for playful learning in Indonesia, with over 15 million non-unique participants playing in the last 12 months. This also includes more than 1.2 million student participants, with over 115,000 teachers hosting learning sessions for their students on Kahoot!. With this growing adoption of Kahoot! across Indonesia, language support, and localization will make it more accessible for educators, students, professionals and learners of all ages to discover, create, and share engaging learning experiences in any context. With this launch, Indonesian becomes the fifth Asian language to be available on the Kahoot! platform preceded by Japanese, Korean, Simplified, and Traditional Chinese. The localization of the platform makes it easier for users to access content and empowers them to create engaging learning experiences in educational settings, professional environments and in different social settings with friends and family. In addition, Kahoot! Kids, the standalone app for iOS and Android designed for children ages 2 to 7 years old, is also now localized in Indonesian. Localizing Kahoot! Kids underscores Kahoot!'s commitment to fostering stronger connections between parents and children through play-based learning. The Kahoot! Kids app for iOS and Android enables parents to support their children in building their core and early childhood skills. 공시 • Jan 20
Kahoot! ASA Ordinary Shares to Be Deleted from OTC Equity Kahoot! ASA Ordinary Shares will be deleted from OTC Equity effective January 19, 2024, due to Acquisition /Merger /Amalgamation. Buying Opportunity • Dec 02
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €3.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 477% in the next 2 years. 공시 • Sep 21
Kahoot! ASA(OB:KAHOT) dropped from Oslo OBX Total Return Index Kahoot! ASA has been removed from Oslo OBX Index . Reported Earnings • Aug 18
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: US$41.3m (up 16% from 2Q 2022). Net income: US$1.62m (up US$2.41m from 2Q 2022). Profit margin: 3.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Board Change • Jul 25
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Director Stefan Blom is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Jul 15
Goldman Sachs Asset Management, L.P., General Atlantic Ft B.V., Kirkbi Invest A/S, Glitrafjord AS, certain other investors and management shareholders made a final non-binding offer to acquire Kahoot! ASA (OB:KAHOT) from a group of sellers and others for NOK 17.2 billion. Goldman Sachs Asset Management, L.P., General Atlantic Ft B.V., Kirkbi Invest A/S, Glitrafjord AS, certain other investors and management shareholders made a final non-binding offer to acquire Kahoot! ASA (OB:KAHOT) from a group of sellers and others for NOK 17.2 billion on July 12, 2023. Goldman Sachs Asset Management, L.P., General Atlantic Ft B.V., Kirkbi Invest A/S, Glitrafjord AS, certain other investors and management shareholders entered into an agreement to acquire Kahoot! ASA from a group of sellers and others on July 14, 2023. The shareholders will be offered NOK 35 in cash per share. The offeror has secured commitments for the required equity and debt capital to finance the offer at its completion. Goldman Sachs Bank Europe SE, KKR Corporate Lending (UK) LLC, KKR Capital Markets Partners LLP act as finance providers to the offeror in connection with the offer. If transaction is terminated due to breach of contract by Kahoot, it will pay offerors termination fee of approximately NOK 30 million.
In total, shares representing c.34.20% of Kahoot's outstanding share capital as at the date of this announcement are committed to be sold or contributed pursuant to the investment agreement and various irrevocable undertakings given by shareholders, members of the Board and senior management. The offer will have a right of compulsory acquisition procedure for any remaining shares. The board of directors of Kahoot! has unanimously recommended the shareholders to accept the offer. The offer is subject to necessary regulatory approvals, including but not limited to competition clearances, and conditioned on the offer being accepted to such extent that the offeror becomes the owner of shares representing more than 90% of the issued and outstanding shares and voting rights in Kahoot.
Goldman Sachs International and Danske Bank, Norwegian Branch are acting as financial advisers and also provided fairness opinion to the offeror or their affiliates in connection with the offer. White & Case LLP, Advokatfirmaet Wiersholm AS, Sullivan & Cromwell LLP and Linklaters LLP are acting as legal advisors to the offeror. Advokatfirmaet BAHR AS, Morgan, Lewis & Bockius LLP and Macfarlanes LLP are acting as legal advisers to KIRKBI. ABG Sundal Collier ASA and Morgan Stanley & Co. International plc are acting as financial advisers and Advokatfirmaet Thommessen AS as legal adviser to Kahoot! in connection with the offer. 
