View ValuationInfraCom Group 향후 성장Future 기준 점검 0/6InfraCom Group 의 수익은 연간 20.3% 감소할 것으로 예상되는 반면, 연간 수익은 2.4% 로 증가할 것으로 예상됩니다. EPS는 연간 19.6% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.2% 로 예상됩니다.핵심 정보-20.3%이익 성장률-19.58%EPS 성장률IT 이익 성장12.6%매출 성장률2.4%향후 자기자본이익률12.18%애널리스트 커버리지Low마지막 업데이트11 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 21No independent directorsNo 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. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Feb 21InfraCom Group AB (publ) announces Annual dividend, payable on May 26, 2026InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 26, 2026, ex-date on May 20, 2026 and record date on May 20, 2026.공시 • Jul 18Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion.Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion on July 16, 2025. A cash consideration valued at SEK 3.25 per share will be paid by Telia Company AB (publ). As part of consideration, Telia offers SEK 3.25 in cash to each shareholder of Bredband2 for each share in Bredband2 tendered in the Offer. The Offer is made based on the premise that the settlement of the Offer will be completed after the record date for Bredband2’s dividend of SEK 0.05 per share on 19 September 2025. In addition, the Offer entails that Telia allows an extraordinary general meeting of Bredband2 to resolve on an additional dividend of SEK 0.05 per share without affecting the offer of SEK 3.25 per share. The offered consideration represents a premium of approximately 34.9% compared to the closing price of SEK 2.41 for Bredband2’s share on Nasdaq First North Growth Market on 17 July 2025. The acceptance period of the Offer is expected to start on 1 September 2025 and end on 17 October 2025, subject to any extensions. The total number of shares that are subject to the undertakings to accept Telia’s offer amounts to approximately 50.2 per cent of all shares and votes in Bredband2. The board of directors of Bredband2 unanimously recommends the shareholders of Bredband2 to accept the Offer. Completion of the Offer is conditional upon customary conditions, including that it is accepted to such extent that Telia becomes the owner of more than 90 per cent of the total number of shares in Bredband2 as well as the receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar, including from competition authorities, in each case on terms which, in Telia’s opinion, are acceptable. Telia has reserved the right to waive these and the other conditions for the completion of the Offer. The board of directors of Bredband2 has, at the request of Telia, allowed Telia to carry out a limited due diligence review of Bredband2 in connection with the preparations of the Offer. The expected completion of the transaction is October 17, 2025. Ernst & Young Aktiebolag acted as fairness opinion provider for Bredband2 i Skandinavien AB. Gernandt & Danielsson Advokatbyrå KB acted as legal advisor for Bredband2 i Skandinavien AB.공시 • May 08InfraCom Group AB (publ) announces Annual dividend, payable on May 21, 2025InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.공시 • Jan 22InfraCom Group AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025InfraCom Group AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €1.20, the stock trades at a trailing P/E ratio of 5.4x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 59% over the past three years.Buy Or Sell Opportunity • Oct 18Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 45% to €1.26. The fair value is estimated to be €1.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 22%.Recent Insider Transactions • Oct 15Chairman of the Board recently bought €86k worth of stockOn the 10th of October, Oskar Safstrom bought around 57k shares on-market at roughly €1.50 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Oskar's only on-market trade for the last 12 months.New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €53.4m (US$58.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€53.4m market cap, or US$58.3m).공시 • Oct 14InfraCom Group AB (publ) to Report Q3, 2024 Results on Nov 12, 2024InfraCom Group AB (publ) announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: kr0.98 (vs kr0.55 in 2Q 2023)Second quarter 2024 results: EPS: kr0.98 (up from kr0.55 in 2Q 2023). Revenue: kr204.4m (flat on 2Q 2023). Net income: kr34.1m (up 85% from 2Q 2023). Profit margin: 17% (up from 9.1% in 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Jul 25InfraCom Group AB (publ) to Report Q2, 2024 Results on Aug 23, 2024InfraCom Group AB (publ) announced that they will report Q2, 2024 results on Aug 23, 2024Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr0.98 (vs kr0.52 in 1Q 2023)First quarter 2024 results: EPS: kr0.98 (up from kr0.52 in 1Q 2023). Revenue: kr200.8m (up 88% from 1Q 2023). Net income: kr33.9m (up 101% from 1Q 2023). Profit margin: 17% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 08Upcoming dividend of kr0.55 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).New Risk • May 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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: Minor Risks Profit margins are more than 30% lower than last year (8.8% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).공시 • Apr 16InfraCom Group AB (publ), Annual General Meeting, May 14, 2024InfraCom Group AB (publ), Annual General Meeting, May 14, 2024.공시 • Apr 09InfraCom Group AB (publ) to Report Q1, 2024 Results on May 08, 2024InfraCom Group AB (publ) announced that they will report Q1, 2024 results on May 08, 2024Valuation Update With 7 Day Price Move • Feb 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €2.71, the stock trades at a trailing P/E ratio of 20.4x. Average forward P/E is 16x in the IT industry in Germany. Negligible returns to shareholders over past year.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: kr1.91 (vs kr1.68 in FY 2022)Full year 2023 results: EPS: kr1.91 (up from kr1.68 in FY 2022). Revenue: kr729.9m (up 107% from FY 2022). Net income: kr63.8m (up 21% from FY 2022). Profit margin: 8.7% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany.공시 • Jan 24InfraCom Group AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024InfraCom Group AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024New Risk • Nov 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 16% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (6.8% increase in shares outstanding).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.63, the stock trades at a trailing P/E ratio of 17.1x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 15% over the past year.공시 • Oct 12InfraCom Group AB (publ) to Report Q3, 2023 Results on Nov 10, 2023InfraCom Group AB (publ) announced that they will report Q3, 2023 results on Nov 10, 2023공시 • Sep 20InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million.InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million on September 19, 2023.Reported Earnings • Sep 03Second quarter 2023 earnings released: EPS: kr0.55 (vs kr0.38 in 2Q 2022)Second quarter 2023 results: EPS: kr0.55 (up from kr0.38 in 2Q 2022). Revenue: kr205.4m (up 177% from 2Q 2022). Net income: kr18.5m (up 55% from 2Q 2022). Profit margin: 9.0% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be €2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 30%.공시 • Aug 03InfraCom Group AB (publ) to Report Q2, 2023 Results on Aug 31, 2023InfraCom Group AB (publ) announced that they will report Q2, 2023 results on Aug 31, 2023Upcoming Dividend • Apr 21Upcoming dividend of kr0.55 per share at 1.8% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).Reported Earnings • Feb 26Full year 2022 earnings released: EPS: kr1.66 (vs kr1.47 in FY 2021)Full year 2022 results: EPS: kr1.66 (up from kr1.47 in FY 2021). Revenue: kr355.3m (up 32% from FY 2021). Net income: kr52.7m (up 16% from FY 2021). Profit margin: 15% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the IT industry in Germany.공시 • Jan 25InfraCom Group AB (publ) to Report Fiscal Year 2022 Results on Feb 23, 2023InfraCom Group AB (publ) announced that they will report fiscal year 2022 results on Feb 23, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.48, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 15% over the past year.공시 • Oct 12InfraCom Group AB (publ) (NGM:INFRA) acquired Quality Of Service Holding Sweden Ab for SEK 27 million.InfraCom Group AB (publ) (NGM:INFRA) acquired Quality Of Service Holding Sweden Ab for SEK 27 million on October 11, 2022. The consideration was paid on a cash and debt-free basis. In financial year 2021/22, the company's turnover amounted to SEK 36 million. InfraCom Group AB (publ) (NGM:INFRA) completed the acquisition of Quality Of Service Holding Sweden Ab on October 11, 2022.Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: kr0.38 (vs kr0.41 in 2Q 2021)Second quarter 2022 results: EPS: kr0.38 (down from kr0.41 in 2Q 2021). Revenue: kr74.8m (up 3.8% from 2Q 2021). Net income: kr11.9m (down 5.1% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 13% growth forecast for the IT 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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr1.46 (up from kr0.61 in FY 2020). Revenue: kr270.0m (up 21% from FY 2020). Net income: kr45.6m (up 141% from FY 2020). Profit margin: 17% (up from 8.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 20%, compared to a 16% growth forecast for the industry in Germany.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS kr0.36 (vs kr0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr67.6m (up 25% from 3Q 2020). Net income: kr11.2m (up 145% from 3Q 2020). Profit margin: 17% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to €3.10, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 38x in the IT industry in Germany.Reported Earnings • Sep 04Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr73.7m (up 36% from 2Q 2020). Net income: kr12.6m (up 165% from 2Q 2020). Profit margin: 17% (up from 8.8% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.59, the stock trades at a trailing P/E ratio of 41.8x. Average forward P/E is 30x in the IT industry in Germany.Reported Earnings • Jun 12First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr58.7m (up 11% from 1Q 2020). Net income: kr9.51m (up 124% from 1Q 2020). Profit margin: 16% (up from 8.0% in 1Q 2020). The increase in margin was driven by higher revenue.이익 및 매출 성장 예측DB:8HG - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028876728796212/31/2027852678090212/31/202683256637323/31/202681215491103N/A12/31/202581816187101N/A9/30/20258251455372N/A6/30/2025834935775N/A3/31/2025843875470N/A12/31/20248381026070N/A9/30/2024826957178N/A6/30/2024815965057N/A3/31/20248168194100N/A12/31/20237236494102N/A9/30/2023613688592N/A6/30/202351563102109N/A3/31/2023385566470N/A12/31/2022352536165N/A9/30/2022316526874N/A6/30/2022288496066N/A3/31/2022286496165N/A12/31/2021270465863N/A9/30/2021261435556N/A6/30/2021247414958N/A3/31/2021229384756N/A12/31/2020224374149N/A9/30/2020210272239N/A6/30/2020205211121N/A3/31/2020203151019N/A12/31/201919910N/A21N/A6/30/201918910N/A34N/A3/31/201918110N/A36N/A12/31/201816210N/A28N/A9/30/201814610N/A24N/A6/30/201813211N/A26N/A6/30/2017707N/A12N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 8HG 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -20.3%).수익 vs 시장: 8HG 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -20.3%).고성장 수익: 8HG 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 8HG 의 수익(연간 2.4%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 8HG 의 수익(연간 2.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 8HG의 자본 수익률은 3년 후 12.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:39종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스InfraCom Group AB (publ)는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andreas JoelssonDNB Carnegie Commissioned ResearchRasmus JacobssonRedeye
Board Change • May 21No independent directorsNo 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. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Feb 21InfraCom Group AB (publ) announces Annual dividend, payable on May 26, 2026InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 26, 2026, ex-date on May 20, 2026 and record date on May 20, 2026.
공시 • Jul 18Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion.Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion on July 16, 2025. A cash consideration valued at SEK 3.25 per share will be paid by Telia Company AB (publ). As part of consideration, Telia offers SEK 3.25 in cash to each shareholder of Bredband2 for each share in Bredband2 tendered in the Offer. The Offer is made based on the premise that the settlement of the Offer will be completed after the record date for Bredband2’s dividend of SEK 0.05 per share on 19 September 2025. In addition, the Offer entails that Telia allows an extraordinary general meeting of Bredband2 to resolve on an additional dividend of SEK 0.05 per share without affecting the offer of SEK 3.25 per share. The offered consideration represents a premium of approximately 34.9% compared to the closing price of SEK 2.41 for Bredband2’s share on Nasdaq First North Growth Market on 17 July 2025. The acceptance period of the Offer is expected to start on 1 September 2025 and end on 17 October 2025, subject to any extensions. The total number of shares that are subject to the undertakings to accept Telia’s offer amounts to approximately 50.2 per cent of all shares and votes in Bredband2. The board of directors of Bredband2 unanimously recommends the shareholders of Bredband2 to accept the Offer. Completion of the Offer is conditional upon customary conditions, including that it is accepted to such extent that Telia becomes the owner of more than 90 per cent of the total number of shares in Bredband2 as well as the receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar, including from competition authorities, in each case on terms which, in Telia’s opinion, are acceptable. Telia has reserved the right to waive these and the other conditions for the completion of the Offer. The board of directors of Bredband2 has, at the request of Telia, allowed Telia to carry out a limited due diligence review of Bredband2 in connection with the preparations of the Offer. The expected completion of the transaction is October 17, 2025. Ernst & Young Aktiebolag acted as fairness opinion provider for Bredband2 i Skandinavien AB. Gernandt & Danielsson Advokatbyrå KB acted as legal advisor for Bredband2 i Skandinavien AB.
공시 • May 08InfraCom Group AB (publ) announces Annual dividend, payable on May 21, 2025InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.
공시 • Jan 22InfraCom Group AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025InfraCom Group AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €1.20, the stock trades at a trailing P/E ratio of 5.4x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 59% over the past three years.
Buy Or Sell Opportunity • Oct 18Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 45% to €1.26. The fair value is estimated to be €1.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 22%.
Recent Insider Transactions • Oct 15Chairman of the Board recently bought €86k worth of stockOn the 10th of October, Oskar Safstrom bought around 57k shares on-market at roughly €1.50 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Oskar's only on-market trade for the last 12 months.
New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €53.4m (US$58.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€53.4m market cap, or US$58.3m).
공시 • Oct 14InfraCom Group AB (publ) to Report Q3, 2024 Results on Nov 12, 2024InfraCom Group AB (publ) announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: kr0.98 (vs kr0.55 in 2Q 2023)Second quarter 2024 results: EPS: kr0.98 (up from kr0.55 in 2Q 2023). Revenue: kr204.4m (flat on 2Q 2023). Net income: kr34.1m (up 85% from 2Q 2023). Profit margin: 17% (up from 9.1% in 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Jul 25InfraCom Group AB (publ) to Report Q2, 2024 Results on Aug 23, 2024InfraCom Group AB (publ) announced that they will report Q2, 2024 results on Aug 23, 2024
Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr0.98 (vs kr0.52 in 1Q 2023)First quarter 2024 results: EPS: kr0.98 (up from kr0.52 in 1Q 2023). Revenue: kr200.8m (up 88% from 1Q 2023). Net income: kr33.9m (up 101% from 1Q 2023). Profit margin: 17% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 08Upcoming dividend of kr0.55 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).
New Risk • May 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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: Minor Risks Profit margins are more than 30% lower than last year (8.8% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
공시 • Apr 16InfraCom Group AB (publ), Annual General Meeting, May 14, 2024InfraCom Group AB (publ), Annual General Meeting, May 14, 2024.
공시 • Apr 09InfraCom Group AB (publ) to Report Q1, 2024 Results on May 08, 2024InfraCom Group AB (publ) announced that they will report Q1, 2024 results on May 08, 2024
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €2.71, the stock trades at a trailing P/E ratio of 20.4x. Average forward P/E is 16x in the IT industry in Germany. Negligible returns to shareholders over past year.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: kr1.91 (vs kr1.68 in FY 2022)Full year 2023 results: EPS: kr1.91 (up from kr1.68 in FY 2022). Revenue: kr729.9m (up 107% from FY 2022). Net income: kr63.8m (up 21% from FY 2022). Profit margin: 8.7% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany.
공시 • Jan 24InfraCom Group AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024InfraCom Group AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024
New Risk • Nov 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 16% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (6.8% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.63, the stock trades at a trailing P/E ratio of 17.1x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 15% over the past year.
공시 • Oct 12InfraCom Group AB (publ) to Report Q3, 2023 Results on Nov 10, 2023InfraCom Group AB (publ) announced that they will report Q3, 2023 results on Nov 10, 2023
공시 • Sep 20InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million.InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million on September 19, 2023.
Reported Earnings • Sep 03Second quarter 2023 earnings released: EPS: kr0.55 (vs kr0.38 in 2Q 2022)Second quarter 2023 results: EPS: kr0.55 (up from kr0.38 in 2Q 2022). Revenue: kr205.4m (up 177% from 2Q 2022). Net income: kr18.5m (up 55% from 2Q 2022). Profit margin: 9.0% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Germany.
Buying Opportunity • Aug 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be €2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 30%.
공시 • Aug 03InfraCom Group AB (publ) to Report Q2, 2023 Results on Aug 31, 2023InfraCom Group AB (publ) announced that they will report Q2, 2023 results on Aug 31, 2023
Upcoming Dividend • Apr 21Upcoming dividend of kr0.55 per share at 1.8% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: kr1.66 (vs kr1.47 in FY 2021)Full year 2022 results: EPS: kr1.66 (up from kr1.47 in FY 2021). Revenue: kr355.3m (up 32% from FY 2021). Net income: kr52.7m (up 16% from FY 2021). Profit margin: 15% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the IT industry in Germany.
공시 • Jan 25InfraCom Group AB (publ) to Report Fiscal Year 2022 Results on Feb 23, 2023InfraCom Group AB (publ) announced that they will report fiscal year 2022 results on Feb 23, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.48, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 15% over the past year.
공시 • Oct 12InfraCom Group AB (publ) (NGM:INFRA) acquired Quality Of Service Holding Sweden Ab for SEK 27 million.InfraCom Group AB (publ) (NGM:INFRA) acquired Quality Of Service Holding Sweden Ab for SEK 27 million on October 11, 2022. The consideration was paid on a cash and debt-free basis. In financial year 2021/22, the company's turnover amounted to SEK 36 million. InfraCom Group AB (publ) (NGM:INFRA) completed the acquisition of Quality Of Service Holding Sweden Ab on October 11, 2022.
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: kr0.38 (vs kr0.41 in 2Q 2021)Second quarter 2022 results: EPS: kr0.38 (down from kr0.41 in 2Q 2021). Revenue: kr74.8m (up 3.8% from 2Q 2021). Net income: kr11.9m (down 5.1% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 13% growth forecast for the IT 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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr1.46 (up from kr0.61 in FY 2020). Revenue: kr270.0m (up 21% from FY 2020). Net income: kr45.6m (up 141% from FY 2020). Profit margin: 17% (up from 8.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 20%, compared to a 16% growth forecast for the industry in Germany.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS kr0.36 (vs kr0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr67.6m (up 25% from 3Q 2020). Net income: kr11.2m (up 145% from 3Q 2020). Profit margin: 17% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to €3.10, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 38x in the IT industry in Germany.
Reported Earnings • Sep 04Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr73.7m (up 36% from 2Q 2020). Net income: kr12.6m (up 165% from 2Q 2020). Profit margin: 17% (up from 8.8% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.59, the stock trades at a trailing P/E ratio of 41.8x. Average forward P/E is 30x in the IT industry in Germany.
Reported Earnings • Jun 12First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr58.7m (up 11% from 1Q 2020). Net income: kr9.51m (up 124% from 1Q 2020). Profit margin: 16% (up from 8.0% in 1Q 2020). The increase in margin was driven by higher revenue.