New Risk • Jul 07
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 8.2% 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: 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 (8.2% average weekly change). Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €7.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 63% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €14.67 per share. Board Change • Jun 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Daniel Karlsson was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 21
Dividend of kr0.60 announced Shareholders will receive a dividend of kr0.60. Ex-date: 12th November 2026 Payment date: 18th November 2026 Dividend yield will be 10%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
High number of new directors Director Christian Hellman was the last director to join the board, commencing their role in 2025. 공시 • May 14
Micro Systemation AB (Publ) Approves Dividend, Payable on May 20, 2026 and November 18, 2026 The Annual General Meeting of Micro Systemation AB (publ) resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 1.60 per share, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date Friday 15 May 2026, and a second payment of SEK 0.60 per share with the record date Friday 13 November 2026. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on Wednesday 20 May 2026, and SEK 0.60 per share on Wednesday 18 November 2026. 공시 • Apr 07
Micro Systemation AB (Publ) Announces Andreas Hedskog Declines Re-Election as Board Member Micro Systemation AB (publ) announced that Andreas Hedskog has declined re-election as board member. 공시 • Jan 27
MSAB Proposes Dividend for the Year from January to December 2025 MSAB announced the Board of Directors proposed a total dividend of SEK 1.60 (1.50) per share for the Year from January to December 2025, distributed in two payments. The proposed dividend represents 60 per cent (74) of profit for the year. 공시 • Jan 16
MSAB Announces Executive Changes MSAB announced the appointment of Mårten Blixt as its new Chief Revenue Officer (CRO), effective February 2, 2026. Mårten Blixt joins MSAB with over 20 years' leadership experience and proven success in driving transformation and scaling revenue organizations in B2B and B2G SaaS. He comes most recently from a role as Chief Commercial Officer at Net Insight, where he led the transformation toward software-led growth, delivering 15 consecutive quarters of revenue growth and a sustainable EBITDA turnaround. Mike Dickinson, who has been CRO at MSAB for the past 3 years and has held several other management roles at MSAB since 2009, has decided to move into phased retirement. Mike Dickinson will continue to support MSAB management in a strategic advisory capacity. Mike Dickinson has been with MSAB for 18 years. 공시 • Dec 20
Micro Systemation AB (publ), Annual General Meeting, May 12, 2026 Micro Systemation AB (publ), Annual General Meeting, May 12, 2026. Location: stockholm Sweden 공시 • Jul 04
Micro Systemation AB (Publ) Appoints Caroline Palm as Chief Human Resources Officer, Effective October 6, 2025 Micro Systemation AB (publ) announces the appointment of Caroline Palm as its new Chief Human Resources Officer (CHRO), effective October 6th, 2025. Caroline Palm joins MSAB with over 15 years of experience as a business-driven HR leader in international environments across several industry segments. Most recently, she served in a consultancy role, advising organisations on HR transformation initiatives to build global, data-driven capabilities. Her previous roles include senior leadership positions at Voi Technology AB, Leo Vegas Group AB and Serendipity AB. 공시 • Jun 26
Micro Systemation AB (Publ) Announces Chief Technical Officer Changes Micro Systemation AB (publ) announced the appointment of Anders Jonson as its new Chief Technical Officer (CTO), effective September 15th, 2025. Anders Jonson joins MSAB with a strong engineering and leadership background spanning start-ups to established listed companies in the IT Security, Fintech, and Life Science sectors. He comes most recently from Bergenstråhle & Partners, who help companies drive and execute measurable innovation. Anders has also held a number of CTO and leadership positions at Needify, Blockchain Voucher (BCV), Quickbit AB, HiQ Healthcare and Cybercom Group. He also has experience from the Swedish Security Service (SÄPO), where he worked with technology in security-critical environments. Elis Kulberg who has been acting CTO at MSAB for 15 months will complete his assignment at MSAB on October 15th. 공시 • May 15
Micro Systemation AB (Publ) Approves Ordinary Dividend, Payable on 21 May 2025 and 19 November 2025 Respectively Micro Systemation AB (publ) in its Annual General Meeting resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 1.50 per share, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date 16 May 2025, and a second payment of SEK 0.50 per share with the record date 14 November 2025. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on 21 May 2025, and SEK 0.50 per share on 19 November 2025. 공시 • Apr 09
Micro Systemation AB (Publ) Proposes Dividend for the Year 2024, Payable on 21 May 2025, and 19 November 2025 Micro Systemation AB (publ) at its Annual General Meeting to be held on 14 May 2025 proposes that a dividend of SEK 1.50 per share shall be distributed for the financial year 2024, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date Friday 16 May 2025, and a second payment of SEK 0.50 per share with the record date Friday 14 November 2025. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on Wednesday 21 May 2025, and SEK 0.50 per share on Wednesday 19 November 2025. 공시 • Jan 29
Micro Systemation AB (publ), Annual General Meeting, May 14, 2025 Micro Systemation AB (publ), Annual General Meeting, May 14, 2025. 공시 • Dec 07
Micro Systemation AB Announces the Appointment of Tomas Taesler as New Chief Product Officer Micro Systemation AB announced the appointment of Tomas Taesler as its new Chief Product Officer (CPO), effective January 13th, 2025. Tomas joins MSAB with over 20 years’ leadership experience in software product management, customer service operations and program management at companies such as Tieto Evry, Telia Company, "3" and Framtidsfabriken. He comes most recently from a role as Director of Product Management at Calabrio Inc., an American company delivering technologies for contact centers. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: kr1.27 (vs kr1.06 in 3Q 2023) Third quarter 2024 results: EPS: kr1.27 (up from kr1.06 in 3Q 2023). Revenue: kr115.2m (up 6.7% from 3Q 2023). Net income: kr23.5m (up 21% from 3Q 2023). Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Recent Insider Transactions • Oct 02
Chief Executive Officer recently bought €218k worth of stock On the 27th of September, Peter Gille bought around 55k shares on-market at roughly €3.98 per share. This transaction increased Peter's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €225k worth in shares. Recent Insider Transactions • Sep 20
Chief Financial Officer recently bought €99k worth of stock On the 18th of September, Tony Forsgren bought around 28k shares on-market at roughly €3.61 per share. This transaction increased Tony's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tony has been a buyer over the last 12 months, purchasing a net total of €135k worth in shares. Board Change • Sep 05
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. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 17
Micro Systemation AB (publ) to Report Q4, 2024 Results on Jan 28, 2025 Micro Systemation AB (publ) announced that they will report Q4, 2024 results on Jan 28, 2025