Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Lars Erik Johansson was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 31
Axolot Solutions Holding AB (publ), Annual General Meeting, May 05, 2026 Axolot Solutions Holding AB (publ), Annual General Meeting, May 05, 2026, at 10:00 W. Europe Standard Time. Location: at genetor kontorshotell, kungstorget 8, helsingborg Sweden 공시 • Nov 08
Axolot Solutions Holding AB (publ), Annual General Meeting, May 12, 2025 Axolot Solutions Holding AB (publ), Annual General Meeting, May 12, 2025, at 10:00 W. Europe Standard Time. Location: genetorkontorshotell, kungstorget 8, helsingborg Sweden Reported Earnings • Oct 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr2.12m (up 208% from 3Q 2023). Net loss: kr6.03m (loss widened 61% from 3Q 2023). New Risk • Aug 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% 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 Less than 1 year of cash runway based on free cash flow trend (-kr16m free cash flow). Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Market cap is less than US$10m (€6.30m market cap, or US$6.88m). Minor Risk Revenue is less than US$5m (kr11m revenue, or US$1.1m). Reported Earnings • Jul 25
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr966.0k (down 18% from 2Q 2023). Net loss: kr5.20m (loss widened 25% from 2Q 2023). Reported Earnings • Apr 26
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr3.78m (up 189% from 1Q 2023). Net loss: kr5.33m (loss widened 16% from 1Q 2023). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.14 loss per share (vs kr0.22 loss in FY 2022) Full year 2023 results: kr0.14 loss per share (improved from kr0.22 loss in FY 2022). Revenue: kr9.00m (up 341% from FY 2022). Net loss: kr16.4m (loss narrowed 12% from FY 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Jan 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 42% 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: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m (kr3.6m revenue, or US$345k). Market cap is less than US$10m (€6.84m market cap, or US$7.45m). Minor Risk Shareholders have been diluted in the past year (42% increase in shares outstanding). Reported Earnings • Jul 26
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.19m (up 141% from 2Q 2022). Net loss: kr4.17m (loss narrowed 18% from 2Q 2022). Reported Earnings • Apr 10
Full year 2022 earnings released: kr0.22 loss per share (vs kr0.36 loss in FY 2021) Full year 2022 results: kr0.22 loss per share. Revenue: kr2.04m (down 31% from FY 2021). Net loss: kr18.7m (loss widened 2.1% from FY 2021). Reported Earnings • Feb 18
Full year 2022 earnings released: kr0.16 loss per share (vs kr0.36 loss in FY 2021) Full year 2022 results: kr0.16 loss per share. Revenue: kr2.04m (down 31% from FY 2021). Net loss: kr18.7m (loss widened 2.1% from FY 2021). 공시 • Nov 19
An unknown buyer agreed to acquire an unknown minority stake in Axolot Solutions Finland Oy from Axolot Solutions Holding AB (publ) (OM:AXOLOT). An unknown buyer agreed to acquire an unknown minority stake in Axolot Solutions Finland Oy from Axolot Solutions Holding AB (publ) (OM:AXOLOT) on November 17, 2022. Transaction will take place on December 1, 2022. Board Change • Nov 16
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. 5 non-independent directors. Chairman of the Board Peter Lysell was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Net loss: kr3.76m (loss narrowed 7.9% from 3Q 2021). 공시 • Oct 03
Axolot Solutions Establishes A Joint Venture Company for the Norwegian Market and Appoints Halvor Kittelsen as CEO Axolot Solutions has on October 2 signed an Agreement with Tilapia AS and B-Enviro concerning the formation of a Joint Venture Company in Norway, focusing on the market for industrial water treatment. Axolot will be the majority owner in the Norwegian Company, which will act under the name of Axolot Solutions Norge AS. The Company will be based in Sunndalsøra, Møre och Romsdals fylke. Halvor Kittelsen who has an extensive experience from the Norwegian and International Fish Farming industry has been appointed CEO of the Company. The operations are expected to start up already during the month of October this year. Reported Earnings • Jul 31
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr494.0k (down 48% from 2Q 2021). Net loss: kr5.11m (loss widened 3.1% from 2Q 2021). 공시 • May 02
Axolot Solutions Holding AB (publ), Annual General Meeting, Jun 01, 2022 Axolot Solutions Holding AB (publ), Annual General Meeting, Jun 01, 2022. Agenda: To consider items are proposed changes in the articles of association regarding the number of shares and the amount of share capital, as well as an authorization to the Board for the issue of shares. Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr673.0k (up 39% from 1Q 2021). Net loss: kr4.10m (loss narrowed 7.7% from 1Q 2021). Board Change • Apr 27
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. 5 non-independent directors. Chairman of the Board Peter Lysell was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 23
Full year 2021 earnings released: kr0.36 loss per share (vs kr0.75 loss in FY 2020) Full year 2021 results: kr0.36 loss per share (up from kr0.75 loss in FY 2020). Revenue: kr2.96m (down 26% from FY 2020). Net loss: kr18.3m (loss narrowed 7.8% from FY 2020). 공시 • Feb 17
Axolot Solutions Holding AB (publ) Appoints Lennart Holm as New President Axolot Solutions Holding AB (publ) announced that board member Lennart Holm was appointed new President of Axolot as rom October 1, 2021. The decision was a consequence of the board wanting to accelerate the commercialisation of Axolot's products and offerings. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.34 loss per share (up from kr0.75 loss in FY 2020). Revenue: kr3.33m (down 17% from FY 2020). Net loss: kr18.3m (loss narrowed 7.8% from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Nov 03
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr1.03m (up 65% from 3Q 2020). Net loss: kr4.08m (loss narrowed 6.3% from 3Q 2020). Reported Earnings • Aug 01
Second quarter 2021 earnings released: kr0.09 loss per share (vs kr0.20 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: kr1.02m (down 2.5% from 2Q 2020). Net loss: kr4.96m (loss narrowed 6.7% from 2Q 2020). Reported Earnings • May 03
First quarter 2021 earnings released The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: kr673.0k (down 33% from 1Q 2020). Net loss: kr4.45m (loss narrowed 29% from 1Q 2020). Reported Earnings • Feb 16
Full year 2020 earnings released: kr0.75 loss per share (vs kr0.98 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: kr3.98m (down 15% from FY 2019). Net loss: kr19.9m (loss narrowed 24% from FY 2019).