공고 • Jul 24
Mofast AB (publ) to Report Q2, 2024 Results on Aug 22, 2024 Mofast AB (publ) announced that they will report Q2, 2024 results on Aug 22, 2024 공고 • Apr 17
Mofast AB (publ) to Report Q1, 2024 Results on May 16, 2024 Mofast AB (publ) announced that they will report Q1, 2024 results on May 16, 2024 공고 • Apr 16
Mofast AB (publ), Annual General Meeting, May 14, 2024 Mofast AB (publ), Annual General Meeting, May 14, 2024. 공고 • Jan 31
Mofast AB (publ) to Report Fiscal Year 2023 Results on Feb 29, 2024 Mofast AB (publ) announced that they will report fiscal year 2023 results on Feb 29, 2024 공고 • Oct 29
Mofast AB (publ) to Report Q3, 2023 Results on Nov 27, 2023 Mofast AB (publ) announced that they will report Q3, 2023 results on Nov 27, 2023 공고 • Jul 31
Mofast AB (publ) to Report Q2, 2023 Results on Aug 28, 2023 Mofast AB (publ) announced that they will report Q2, 2023 results on Aug 28, 2023 Reported Earnings • Mar 04
Full year 2022 earnings released: kr1.91 loss per share (vs kr26.01 profit in FY 2021) Full year 2022 results: kr1.91 loss per share (down from kr26.01 profit in FY 2021). Revenue: kr201.3m (up 81% from FY 2021). Net loss: kr22.6m (down 112% from profit in FY 2021). Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.93, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Real Estate industry in Germany. Total loss to shareholders of 51% over the past year. 공고 • Jan 30
Mofast AB (publ) to Report Fiscal Year 2022 Final Results on Feb 28, 2023 Mofast AB (publ) announced that they will report fiscal year 2022 final results on Feb 28, 2023 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 16% share price gain to €4.28, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 13x in the Real Estate industry in Germany. Total loss to shareholders of 50% over the past year. Upcoming Dividend • Dec 27
Upcoming dividend of kr1.30 per share Eligible shareholders must have bought the stock before 03 January 2023. Payment date: 10 January 2023. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 6.3%. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 20% share price gain to €4.39, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total loss to shareholders of 51% over the past year. Reported Earnings • Nov 19
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr53.9m (up 99% from 3Q 2021). Net income: kr9.33m (down 86% from 3Q 2021). Profit margin: 17% (down from 252% in 3Q 2021). Board Change • Nov 16
No independent directors There are 5 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: 5 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). CEO & Director Dan Tornsten 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 independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 17% share price gain to €4.26, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 13x in the Real Estate industry in Germany. Total loss to shareholders of 51% over the past year. Buying Opportunity • Nov 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 39%. The fair value is estimated to be €4.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last year. Earnings per share has grown by 9.4%. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 22% share price gain to €4.50, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 12x in the Real Estate industry in Germany. Total loss to shareholders of 51% over the past year. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €5.18, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 12x in the Real Estate industry in Germany. Total loss to shareholders of 45% over the past year. Upcoming Dividend • Jun 23
Upcoming dividend of kr1.30 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.5%). Board Change • Apr 27
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. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). CEO & Director Dan Tornsten 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 independent directors. Lack of experienced directors. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr25.77 (up from kr8.13 in FY 2020). Revenue: kr111.5m (up 29% from FY 2020). Net income: kr194.8m (up 310% from FY 2020). Revenue was in line with analyst estimates. Upcoming Dividend • Dec 22
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 28 December 2021. Payment date: 04 January 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 7.2%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.4%). Reported Earnings • Sep 05
Second quarter 2021 earnings released Second quarter 2021 results: Revenue: kr27.2m (up 224% from 2Q 2020). Net income: kr71.1m (up kr59.9m from 2Q 2020). Reported Earnings • Jun 03
First quarter 2021 earnings released The company reported a decent first quarter result with improved revenues, although earnings and profit margins were weaker. First quarter 2021 results: Revenue: kr28.9m (up 244% from 1Q 2020). Net income: kr1.05m (down 91% from 1Q 2020). Profit margin: 3.6% (down from 134% in 1Q 2020).