공지 • Apr 21
AB Amber Grid Announces Dividend for 2025, Payable on May 13, 2026 AB Amber Grid announced the general meeting of shareholders held on April 17, 2026 adopted a decision on the distribution of the company profit for 2025 and the payment of an EUR 0.0560 dividend per share. Dividends are paid out from May 13, 2026 in the following order: to the shareholders, whose AB “Amber Grid” shares are accounted by a financial brokerage company or credit institutions, which provide securities accounting services, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts held with a respective financial brokerage company or credit institution; to the shareholders, whose AB Amber Grid shares on behalf of the company are accounted by the authorized custodian AB SEB bankas, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts with AB SEB bankas or the accounts (IBAN) with other bank or financial institution as indicated by the shareholders (requests with account indications should be submitted to any branch of AB SEB bankas). Dividends paid in 2026 will be taxed as follows: dividends paid to natural persons–residents of the Republic of Lithuania and natural persons–residents of foreign countries are subject to withholding Personal income tax of 15%; dividends paid to legal entities of the Republic of Lithuania and legal entities–residents of foreign countries are subject to withholding Corporate income tax of 17%, unless otherwise provided for by the laws. 공지 • Mar 26
AB Amber Grid, Annual General Meeting, Apr 17, 2026 AB Amber Grid, Annual General Meeting, Apr 17, 2026, at 10:00 FLE Standard Time. Location: laisves ave. 10, lt-04215 vilnius, lithuania, laisves energijos hall, Lithuania 공지 • May 03
AB Amber Grid announces Annual dividend AB Amber Grid announced Annual dividend of EUR 0.0599 per share, ex-date on May 14, 2025 and record date on May 15, 2025. 공지 • Apr 08
AB Amber Grid, Annual General Meeting, Apr 30, 2025 AB Amber Grid, Annual General Meeting, Apr 30, 2025, at 10:00 FLE Standard Time. Location: laisves ave. 10, lt-04215 vilnius, Lithuania Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: €0.01 (vs €0.018 in 3Q 2023) Third quarter 2024 results: EPS: €0.01 (down from €0.018 in 3Q 2023). Revenue: €16.6m (down 8.1% from 3Q 2023). Net income: €2.22m (down 29% from 3Q 2023). Profit margin: 13% (down from 17% in 3Q 2023). Reported Earnings • Aug 15
Second quarter 2024 earnings released: €0.003 loss per share (vs €0.06 profit in 2Q 2023) Second quarter 2024 results: €0.003 loss per share (down from €0.06 profit in 2Q 2023). Revenue: €14.5m (down 17% from 2Q 2023). Net loss: €517.0k (down 105% from profit in 2Q 2023). Board Change • May 17
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Karolis Svaikauskas is the most experienced director on the board, commencing their role in 2022. Independent Director Alexander Paul Feindt was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • May 13
First quarter 2024 earnings released: EPS: €0.02 (vs €0.011 in 1Q 2023) First quarter 2024 results: EPS: €0.02 (up from €0.011 in 1Q 2023). Revenue: €20.6m (down 21% from 1Q 2023). Net income: €3.96m (up 110% from 1Q 2023). Profit margin: 19% (up from 7.2% in 1Q 2023). The increase in margin was driven by lower expenses. 공지 • May 12
AB Amber Grid Approves Dividend for 2023, Payable from 28 May 2024 AB Amber Grid Annual meeting of shareholders held on the 30th of April, 2024 adopted a decision on the distribution of the company profit for 2023 and the payment of an EUR 0.1131 dividend per share. Dividends will be paid out from the 28th of May, 2024 in the following order: to the shareholders, whose Amber Grid shares are accounted by a financial brokerage company or credit institutions, which provide securities accounting services, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts held with a respective financial brokerage company or credit institution; to the shareholders, whose Amber Grid shares on behalf of the company are accounted by the authorized custodian AB SEB bankas, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts with AB SEB bankas or the accounts (IBAN) with other bank or financial institution as indicated by the shareholders (requests with account indications should be submitted to any branch of AB SEB bankas). 공지 • May 11
AB Amber Grid Appoints Paulius Butkus as the Chairman AB Amber Grid appointed Paulius Butkus as the Chairman of the Board of Amber Grid. 공지 • Apr 30
AB Amber Grid Approves Board Elections AB Amber Grid at its EGM held on April 30, 2024 approved election of Peter Loof Helth and Alexander Paul Gudmund Feindt as independent members of the Board. Buy Or Sell Opportunity • Apr 30
Now 25% undervalued The stock has been flat over the last 90 days, currently trading at €1.10. The fair value is estimated to be €1.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 11%. Buy Or Sell Opportunity • Apr 05
Now 26% undervalued Over the last 90 days, the stock has risen 2.8% to €1.09. The fair value is estimated to be €1.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 11%. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €1.19, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 13x in the Gas Utilities industry in Europe. Total returns to shareholders of 6.7% over the past year. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: €0.073 (vs €0.088 in FY 2022) Full year 2023 results: EPS: €0.073 (down from €0.088 in FY 2022). Revenue: €82.1m (down 16% from FY 2022). Net income: €13.0m (down 17% from FY 2022). Profit margin: 16% (in line with FY 2022). Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: €0.066 (vs €0.088 in FY 2022) Full year 2023 results: EPS: €0.066 (down from €0.088 in FY 2022). Revenue: €82.2m (down 16% from FY 2022). Net income: €11.7m (down 25% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by cash flows (212% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Nov 07
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €18.0m (down 52% from 3Q 2022). Net income: €3.14m (up 24% from 3Q 2022). Profit margin: 17% (up from 6.8% in 3Q 2022). The increase in margin was driven by lower expenses. New Risk • Sep 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 63% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (52% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Large one-off items impacting financial results. Reported Earnings • Aug 27
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €17.4m (up 11% from 2Q 2022). Net income: €9.93m (up 363% from 2Q 2022). Profit margin: 57% (up from 14% in 2Q 2022). The increase in margin was primarily driven by lower expenses. 공지 • Aug 03
AB Amber Grid to Report First Half, 2023 Results on Aug 25, 2023 AB Amber Grid announced that they will report first half, 2023 results on Aug 25, 2023 Reported Earnings • May 07
First quarter 2023 earnings released: EPS: €0.01 (vs €0.029 in 1Q 2022) First quarter 2023 results: EPS: €0.01 (down from €0.029 in 1Q 2022). Revenue: €26.2m (down 11% from 1Q 2022). Net income: €1.89m (down 64% from 1Q 2022). Profit margin: 7.2% (down from 18% in 1Q 2022). Board Change • Apr 02
High number of new directors Chairman of the Board Dalius Svetulevicius was the last director to join the board, commencing their role in 2022. 공지 • Feb 18
AB Amber Grid, Annual General Meeting, Apr 20, 2023 AB Amber Grid, Annual General Meeting, Apr 20, 2023. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 15% share price gain to €1.41, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 10x in the Gas Utilities industry in Europe. Reported Earnings • Dec 02
Third quarter 2022 earnings released: EPS: €0.014 (vs €0.014 in 3Q 2021) Third quarter 2022 results: EPS: €0.014 (in line with 3Q 2021). Revenue: €37.2m (up 189% from 3Q 2021). Net income: €2.53m (up 2.6% from 3Q 2021). Profit margin: 6.8% (down from 19% in 3Q 2021). The decrease in margin was driven by higher expenses. 공지 • Nov 23
AB Amber Grid Elects Dalius Svetulevicius as Chairman of the Board On 22 November, 2022 at the Board meeting of AB Amber Grid, Dalius Svetulevicius, EPSO-G Technical manager, was elected as the Chairman of the Board of Amber Grid. Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Sigitas Zutautas is the most experienced director on the board, commencing their role in 2018. Independent Director Ignas Degutis was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Nov 08
Third quarter 2022 earnings released: EPS: €0.018 (vs €0.014 in 3Q 2021) Third quarter 2022 results: EPS: €0.018 (up from €0.014 in 3Q 2021). Revenue: €37.2m (up 189% from 3Q 2021). Net income: €3.13m (up 27% from 3Q 2021). Profit margin: 8.4% (down from 19% in 3Q 2021). The decrease in margin was driven by higher expenses. 공지 • Nov 05
Vytautas Bitinas Will Resign as Chairman of the Board of AB Amber Grid Vytautas Bitinas, the Chairman of the Board of Lithuanian gas transmission system operator AB Amber Grid decided to leave the EPSO-G group and continue his career outside of it. As of November 18, V. Bitinas will also resign as Chairman of the Board of Amber Grid. The new chairman of Amber Grid will be elected by the Board during the next meeting, and the selection for the vacant position of the Board member will also be announced. The Board of Amber Grid, which started work in 2020, currently consists of 5 members, elected for a 4-year term. Board Change • Oct 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Sigitas Zutautas is the most experienced director on the board, commencing their role in 2018. Independent Director Ignas Degutis was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.