View ValuationEwork Group 향후 성장Future 기준 점검 4/6Ework Group (는) 각각 연간 15.9% 및 0.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 34% 로 예상됩니다.핵심 정보15.9%이익 성장률16.12%EPS 성장률Professional Services 이익 성장23.6%매출 성장률0.8%향후 자기자본이익률34.00%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트공시 • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).공시 • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.공시 • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.공시 • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.모든 업데이트 보기Recent updatesNew Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (104% payout ratio). Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr63.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 45% over the past three years.Upcoming Dividend • Apr 22Upcoming dividend of kr4.00 per shareEligible shareholders must have bought the stock before 29 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Swedish dividend payers (4.0%). Higher than average of industry peers (4.1%).Reported Earnings • Apr 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.9% 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 Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin).Reported Earnings • Feb 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.공시 • Feb 20Ework Group AB (publ) announces Annual dividend, payable on May 06, 2026Ework Group AB (publ) announced Annual dividend of SEK 4.0000 per share payable on May 06, 2026, ex-date on April 29, 2026 and record date on April 30, 2026.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to kr68.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 50% over the past three years.공시 • Feb 19+ 1 more updateEwork Group AB (publ) to Report Fiscal Year 2025 Results on Apr 07, 2026Ework Group AB (publ) announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 07, 2026공시 • Oct 28Ework Group AB (publ), Annual General Meeting, Apr 28, 2026Ework Group AB (publ), Annual General Meeting, Apr 28, 2026. Location: stockholm SwedenReported Earnings • Oct 24Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: kr0.91 (down from kr1.49 in 3Q 2024). Revenue: kr2.99b (down 7.4% from 3Q 2024). Net income: kr15.7m (down 39% from 3Q 2024). Profit margin: 0.5% (down from 0.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.공시 • Oct 23+ 3 more updatesEwork Group AB (publ) to Report First Half, 2026 Results on Jul 21, 2026Ework Group AB (publ) announced that they will report first half, 2026 results on Jul 21, 2026공시 • Oct 01+ 1 more updateEwork Group AB (publ) Announces CEO ChangesEwork Group AB (publ) has appointed Daniel Almgren as its Chief Executive Officer. He will assume the role on November 3, 2025. Daniel most recently served as CEO of the health and wellness chain Medley and has a background in advanced service delivery, consulting experience from McKinsey & Co, as well as a past as a member of the Swedish national athletics team. Karin Schreil will remain at the company's disposal until the end of the year.분석 기사 • Sep 09Ework Group AB (publ)'s (STO:EWRK) Price Is Right But Growth Is Lacking After Shares Rocket 28%Ework Group AB (publ) ( STO:EWRK ) shareholders have had their patience rewarded with a 28% share price jump in the...Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr142, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 64% over the past three years.분석 기사 • Jul 25Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings QualityEwork Group AB (publ)'s ( STO:EWRK ) stock was strong despite it releasing a soft earnings report last week. Our...공시 • Jul 21Ework Group AB (publ) to Report Nine Months, 2025 Results on Oct 23, 2025Ework Group AB (publ) announced that they will report nine months, 2025 results on Oct 23, 2025Reported Earnings • Jul 20Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr1.92 (down from kr2.00 in 2Q 2024). Revenue: kr3.60b (down 13% from 2Q 2024). Net income: kr33.3m (down 3.7% from 2Q 2024). Profit margin: 0.9% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.공시 • Jun 12+ 1 more updateKarin Schreil Leaves as President of Ework Group At the End of the YearEwork Group's President and CEO Karin Schreil has informed the company's Board of Directors that she has decided to leave her position at the end of the year. The Board will now initiate a recruitment process to appoint a new CEO for Ework. Karin Schreil has been President and CEO since November 2021. Since then, the company has increased its earnings from SEK 98 to SEK 139 million. Ework is one of Europe's largest suppliers of IT and technology consultants, with sales of SEK 15.8 billion in 2024.Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sara Katarina Forste was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Jun 01Benign Growth For Ework Group AB (publ) (STO:EWRK) Underpins Stock's 30% PlummetEwork Group AB (publ) ( STO:EWRK ) shareholders that were waiting for something to happen have been dealt a blow with a...Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.98 (down from kr2.11 in 1Q 2024). Revenue: kr3.51b (down 17% from 1Q 2024). Net income: kr16.9m (down 54% from 1Q 2024). Profit margin: 0.5% (down from 0.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.공시 • May 15Ework Group AB (publ) to Report Q2, 2025 Results on Jul 18, 2025Ework Group AB (publ) announced that they will report Q2, 2025 results at 9:30 AM, Central European Standard Time on Jul 18, 2025공시 • May 14Ework Group AB (publ) announces Annual dividend, payable on May 21, 2025Ework Group AB (publ) announced Annual dividend of SEK 7.0000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Professional Services industry in Sweden. Total returns to shareholders of 15% over the past three years.공시 • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).분석 기사 • May 08Ework Group AB (publ)'s (STO:EWRK) CEO Will Probably Have Their Compensation Approved By ShareholdersKey Insights Ework Group to hold its Annual General Meeting on 14th of May Salary of kr3.66m is part of CEO Karin...공시 • Mar 10Ework Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 11, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 11, 2025Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr8.01 (up from kr7.46 in FY 2023). Revenue: kr15.8b (down 8.6% from FY 2023). Net income: kr138.5m (up 7.3% from FY 2023). Profit margin: 0.9% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.공시 • Feb 22+ 2 more updatesEwork Group AB (publ) to Report Q1, 2025 Results on May 14, 2025Ework Group AB (publ) announced that they will report Q1, 2025 results on May 14, 2025공시 • Nov 01Ework Group AB (publ) to Report Fiscal Year 2024 Results on Feb 21, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 results on Feb 21, 2025Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr1.49 (up from kr1.25 in 3Q 2023). Revenue: kr3.23b (down 11% from 3Q 2023). Net income: kr25.7m (up 19% from 3Q 2023). Profit margin: 0.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.공시 • Oct 04Ework Group AB (Publ) Announces Resignation of Klas Rewelj as Deputy CEOEwork Group AB (publ) announced that Klas Rewelj is leaving his position as Deputy CEO to take on new challenges outside the company.공시 • Oct 03Ework Group AB (Publ) Announces CFO ChangesEwork Group announces that Klas Rewelj is leaving his position as Chief Financial Officer (CFO) to take on new challenges outside the company. Klas took up the role of CFO at Ework Group in January 2022, with the mission of building a strong finance function and contributing to the company’s strategic and financial development. After a well completed tenure, he will hand over the CFO role to Johanna Eriksson, who will take over on November 1. Johanna Eriksson joins Ework from a long career as CFO, with extensive experience in the consulting industry and publicly listed environments. Most recently, she worked as an interim CFO and has previously been CFO for B3 Consulting Group, Dedicare AB, and Sopra Steria Sweden. Johanna will take up the role of CFO at Ework on November 1.Recent Insider Transactions • Sep 25Founder & Director recently sold kr52m worth of stockOn the 18th of September, Magnus Berglind sold around 370k shares on-market at roughly kr140 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months.Reported Earnings • Jul 22Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: kr2.00 (up from kr1.84 in 2Q 2023). Revenue: kr4.15b (down 5.1% from 2Q 2023). Net income: kr34.6m (up 8.7% from 2Q 2023). Profit margin: 0.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.분석 기사 • May 10Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Ework Group AB (publ) ( STO:EWRK ) recently. We did some...공시 • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr2.11 (vs kr2.36 in 1Q 2023)First quarter 2024 results: EPS: kr2.11 (down from kr2.36 in 1Q 2023). Revenue: kr4.23b (down 7.5% from 1Q 2023). Net income: kr36.5m (down 10% from 1Q 2023). Profit margin: 0.9% (in line with 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio and cash payout ratio are on the higher end at 94% and 76% respectively. Trailing yield: 5.1%. Within top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (3.2%).분석 기사 • Apr 25Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Apr 05Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 22Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Feb 16Dividend increased to kr7.00Dividend of kr7.00 is 7.7% higher than last year. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.2% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr114, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total returns to shareholders of 81% over the past three years.공시 • Oct 25+ 5 more updatesEwork Group AB (publ) to Report Q2, 2024 Results on Jul 19, 2024Ework Group AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.25 (down from kr2.02 in 3Q 2022). Revenue: kr3.64b (up 4.2% from 3Q 2022). Net income: kr21.7m (down 38% from 3Q 2022). Profit margin: 0.6% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Sep 25Ework Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023Ework Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023New Risk • Jul 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 20Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.84 (up from kr1.50 in 2Q 2022). Revenue: kr4.38b (up 11% from 2Q 2022). Net income: kr31.8m (up 23% from 2Q 2022). Profit margin: 0.7% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.분석 기사 • May 11Does Ework Group (STO:EWRK) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr137, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Sweden. Total returns to shareholders of 152% over the past three years.Buying Opportunity • Apr 26Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be kr210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 25%.Upcoming Dividend • Apr 19Upcoming dividend of kr6.50 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Swedish dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Apr 06Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden.분석 기사 • Apr 05Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ)'s ( STO:EWRK ) dividend will be increasing from last year's payment of the same period to SEK6.50...분석 기사 • Feb 12Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ) ( STO:EWRK ) will increase its dividend from last year's comparable payment on the 3rd of May to...Reported Earnings • Feb 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr8.07 (up from kr5.68 in FY 2021). Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.공시 • Feb 10Ework Group AB (Publ) Proposes DividendEwork Group AB (publ) has decided to propose a dividend of SEK 6.50 per share to the upcoming Annual General Meeting.분석 기사 • Feb 10Here's Why We Think Ework Group (STO:EWRK) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr149, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Sweden. Total returns to shareholders of 99% over the past three years.공시 • Jan 04Ework Group AB (publ)(OM:EWRK) dropped from OMX Nordic Small Cap IndexeWork Scandinavia AB (publ) has been removed from OMX Nordic Small Cap Index.Recent Insider Transactions • Dec 27Insider recently sold kr640k worth of stockOn the 22nd of December, Peter Lundahl sold around 5k shares on-market at roughly kr123 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr9.2m. Insiders have been net sellers, collectively disposing of kr6.7m more than they bought in the last 12 months.Reported Earnings • Oct 22Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr2.02 (up from kr1.06 in 3Q 2021). Revenue: kr3.49b (up 24% from 3Q 2021). Net income: kr34.8m (up 90% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.공시 • Oct 21Ework Group AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Ework Group AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to kr112, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 76% over the past three years.분석 기사 • Oct 21Is There Now An Opportunity In Ework Group AB (publ) (STO:EWRK)?Ework Group AB (publ) ( STO:EWRK ), might not be a large cap stock, but it received a lot of attention from a...분석 기사 • Oct 06With EPS Growth And More, Ework Group (STO:EWRK) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • Jul 19Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: kr1.50 (up from kr1.41 in 2Q 2021). Revenue: kr3.97b (up 19% from 2Q 2021). Net income: kr25.8m (up 6.2% from 2Q 2021). Profit margin: 0.7% (in line with 2Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 10%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • May 03First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: kr2.05 (up from kr1.29 in 1Q 2021). Revenue: kr3.92b (up 24% from 1Q 2021). Net income: kr35.3m (up 59% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 7.6%, compared to a 15% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 27Upcoming dividend of kr5.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 4.2%. Lower than top quartile of Swedish dividend payers (4.7%). Higher than average of industry peers (2.1%).Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 7.8%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Recent Insider Transactions • Oct 21Chief Financial Officer recently bought kr117k worth of stockOn the 19th of October, Ola Maalsnes bought around 1k shares on-market at roughly kr117 per share. This was the largest purchase by an insider in the last 3 months. This was Ola's only on-market trade for the last 12 months.Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS kr1.06 (vs kr0.87 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr2.82b (up 14% from 3Q 2020). Net income: kr18.3m (up 22% from 3Q 2020). Profit margin: 0.7% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Recent Insider Transactions • Aug 15Insider recently sold kr124k worth of stockOn the 12th of August, Pernilla Nilsson sold around 1k shares on-market at roughly kr120 per share. In the last 3 months, they made an even bigger sale worth kr288k. Insiders have been net sellers, collectively disposing of kr985k more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr119, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the IT industry in Sweden. Total returns to shareholders of 40% over the past three years.Recent Insider Transactions • Jul 27Insider recently sold kr288k worth of stockOn the 23rd of July, Pernilla Nilsson sold around 3k shares on-market at roughly kr104 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr609k more than they bought in the last 12 months.이익 및 매출 성장 예측OM:EWRK - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202813,26498103115212/31/202712,6799095105212/31/202612,04867849123/31/202613,25267132142N/A12/31/202513,74176112123N/A9/30/202514,262108-43-29N/A6/30/202514,499118230242N/A3/31/202515,049119115127N/A12/31/202415,764139164176N/A9/30/202416,249132196208N/A6/30/202416,652128-79N/A3/31/202416,877125113N/A12/31/202317,209129147164N/A9/30/202317,250137113134N/A6/30/202317,112151165189N/A3/31/202316,70414595123N/A12/31/202216,07013982110N/A9/30/202215,245129529N/A6/30/202214,5681135170N/A3/31/202213,948111523N/A12/31/202113,189985368N/A9/30/202112,56476234250N/A6/30/202112,21673328344N/A3/31/202111,99069528546N/A12/31/202012,23869360379N/A9/30/202012,54380307327N/A6/30/202012,77878146170N/A3/31/202012,907791034N/A12/31/201912,62175N/A22N/A9/30/201912,25083N/A-24N/A6/30/201911,91983N/A-5N/A3/31/201911,54081N/A-26N/A12/31/201811,03679N/A31N/A9/30/201810,57776N/A-10N/A6/30/201810,21877N/A-135N/A3/31/20189,73676N/A-114N/A12/31/20179,50380N/A-129N/A9/30/20179,10376N/A-74N/A6/30/20178,74078N/A-87N/A3/31/20178,28878N/A66N/A12/31/20167,58573N/A97N/A9/30/20167,01265N/A50N/A6/30/20166,68164N/A146N/A3/31/20166,31961N/A-14N/A12/31/20156,08960N/A-88N/A9/30/20155,73858N/A-16N/A6/30/20155,46351N/A21N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EWRK 의 연간 예상 수익 증가율(15.9%)이 saving rate(2%)보다 높습니다.수익 vs 시장: EWRK 의 연간 수익(15.9%)이 Swedish 시장(8.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: EWRK 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: EWRK 의 수익(연간 0.8%)이 Swedish 시장(연간 0.02%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: EWRK 의 수익(연간 0.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EWRK의 자본 수익률은 3년 후 34%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 19:55종가2026/05/21 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 소스Ework Group AB (publ)는 1명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal Collier Sponsored
공시 • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).
공시 • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.
공시 • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.
공시 • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.
New Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (104% payout ratio). Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr63.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 45% over the past three years.
Upcoming Dividend • Apr 22Upcoming dividend of kr4.00 per shareEligible shareholders must have bought the stock before 29 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Swedish dividend payers (4.0%). Higher than average of industry peers (4.1%).
Reported Earnings • Apr 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.9% 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 Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin).
Reported Earnings • Feb 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
공시 • Feb 20Ework Group AB (publ) announces Annual dividend, payable on May 06, 2026Ework Group AB (publ) announced Annual dividend of SEK 4.0000 per share payable on May 06, 2026, ex-date on April 29, 2026 and record date on April 30, 2026.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to kr68.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 50% over the past three years.
공시 • Feb 19+ 1 more updateEwork Group AB (publ) to Report Fiscal Year 2025 Results on Apr 07, 2026Ework Group AB (publ) announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 07, 2026
공시 • Oct 28Ework Group AB (publ), Annual General Meeting, Apr 28, 2026Ework Group AB (publ), Annual General Meeting, Apr 28, 2026. Location: stockholm Sweden
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: kr0.91 (down from kr1.49 in 3Q 2024). Revenue: kr2.99b (down 7.4% from 3Q 2024). Net income: kr15.7m (down 39% from 3Q 2024). Profit margin: 0.5% (down from 0.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.
공시 • Oct 23+ 3 more updatesEwork Group AB (publ) to Report First Half, 2026 Results on Jul 21, 2026Ework Group AB (publ) announced that they will report first half, 2026 results on Jul 21, 2026
공시 • Oct 01+ 1 more updateEwork Group AB (publ) Announces CEO ChangesEwork Group AB (publ) has appointed Daniel Almgren as its Chief Executive Officer. He will assume the role on November 3, 2025. Daniel most recently served as CEO of the health and wellness chain Medley and has a background in advanced service delivery, consulting experience from McKinsey & Co, as well as a past as a member of the Swedish national athletics team. Karin Schreil will remain at the company's disposal until the end of the year.
분석 기사 • Sep 09Ework Group AB (publ)'s (STO:EWRK) Price Is Right But Growth Is Lacking After Shares Rocket 28%Ework Group AB (publ) ( STO:EWRK ) shareholders have had their patience rewarded with a 28% share price jump in the...
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr142, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 64% over the past three years.
분석 기사 • Jul 25Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings QualityEwork Group AB (publ)'s ( STO:EWRK ) stock was strong despite it releasing a soft earnings report last week. Our...
공시 • Jul 21Ework Group AB (publ) to Report Nine Months, 2025 Results on Oct 23, 2025Ework Group AB (publ) announced that they will report nine months, 2025 results on Oct 23, 2025
Reported Earnings • Jul 20Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr1.92 (down from kr2.00 in 2Q 2024). Revenue: kr3.60b (down 13% from 2Q 2024). Net income: kr33.3m (down 3.7% from 2Q 2024). Profit margin: 0.9% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
공시 • Jun 12+ 1 more updateKarin Schreil Leaves as President of Ework Group At the End of the YearEwork Group's President and CEO Karin Schreil has informed the company's Board of Directors that she has decided to leave her position at the end of the year. The Board will now initiate a recruitment process to appoint a new CEO for Ework. Karin Schreil has been President and CEO since November 2021. Since then, the company has increased its earnings from SEK 98 to SEK 139 million. Ework is one of Europe's largest suppliers of IT and technology consultants, with sales of SEK 15.8 billion in 2024.
Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sara Katarina Forste was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Jun 01Benign Growth For Ework Group AB (publ) (STO:EWRK) Underpins Stock's 30% PlummetEwork Group AB (publ) ( STO:EWRK ) shareholders that were waiting for something to happen have been dealt a blow with a...
Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.98 (down from kr2.11 in 1Q 2024). Revenue: kr3.51b (down 17% from 1Q 2024). Net income: kr16.9m (down 54% from 1Q 2024). Profit margin: 0.5% (down from 0.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
공시 • May 15Ework Group AB (publ) to Report Q2, 2025 Results on Jul 18, 2025Ework Group AB (publ) announced that they will report Q2, 2025 results at 9:30 AM, Central European Standard Time on Jul 18, 2025
공시 • May 14Ework Group AB (publ) announces Annual dividend, payable on May 21, 2025Ework Group AB (publ) announced Annual dividend of SEK 7.0000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Professional Services industry in Sweden. Total returns to shareholders of 15% over the past three years.
공시 • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).
분석 기사 • May 08Ework Group AB (publ)'s (STO:EWRK) CEO Will Probably Have Their Compensation Approved By ShareholdersKey Insights Ework Group to hold its Annual General Meeting on 14th of May Salary of kr3.66m is part of CEO Karin...
공시 • Mar 10Ework Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 11, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 11, 2025
Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr8.01 (up from kr7.46 in FY 2023). Revenue: kr15.8b (down 8.6% from FY 2023). Net income: kr138.5m (up 7.3% from FY 2023). Profit margin: 0.9% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
공시 • Feb 22+ 2 more updatesEwork Group AB (publ) to Report Q1, 2025 Results on May 14, 2025Ework Group AB (publ) announced that they will report Q1, 2025 results on May 14, 2025
공시 • Nov 01Ework Group AB (publ) to Report Fiscal Year 2024 Results on Feb 21, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 results on Feb 21, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr1.49 (up from kr1.25 in 3Q 2023). Revenue: kr3.23b (down 11% from 3Q 2023). Net income: kr25.7m (up 19% from 3Q 2023). Profit margin: 0.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
공시 • Oct 04Ework Group AB (Publ) Announces Resignation of Klas Rewelj as Deputy CEOEwork Group AB (publ) announced that Klas Rewelj is leaving his position as Deputy CEO to take on new challenges outside the company.
공시 • Oct 03Ework Group AB (Publ) Announces CFO ChangesEwork Group announces that Klas Rewelj is leaving his position as Chief Financial Officer (CFO) to take on new challenges outside the company. Klas took up the role of CFO at Ework Group in January 2022, with the mission of building a strong finance function and contributing to the company’s strategic and financial development. After a well completed tenure, he will hand over the CFO role to Johanna Eriksson, who will take over on November 1. Johanna Eriksson joins Ework from a long career as CFO, with extensive experience in the consulting industry and publicly listed environments. Most recently, she worked as an interim CFO and has previously been CFO for B3 Consulting Group, Dedicare AB, and Sopra Steria Sweden. Johanna will take up the role of CFO at Ework on November 1.
Recent Insider Transactions • Sep 25Founder & Director recently sold kr52m worth of stockOn the 18th of September, Magnus Berglind sold around 370k shares on-market at roughly kr140 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months.
Reported Earnings • Jul 22Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: kr2.00 (up from kr1.84 in 2Q 2023). Revenue: kr4.15b (down 5.1% from 2Q 2023). Net income: kr34.6m (up 8.7% from 2Q 2023). Profit margin: 0.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.
분석 기사 • May 10Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Ework Group AB (publ) ( STO:EWRK ) recently. We did some...
공시 • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr2.11 (vs kr2.36 in 1Q 2023)First quarter 2024 results: EPS: kr2.11 (down from kr2.36 in 1Q 2023). Revenue: kr4.23b (down 7.5% from 1Q 2023). Net income: kr36.5m (down 10% from 1Q 2023). Profit margin: 0.9% (in line with 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.
Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio and cash payout ratio are on the higher end at 94% and 76% respectively. Trailing yield: 5.1%. Within top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (3.2%).
분석 기사 • Apr 25Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Apr 05Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 22Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Feb 16Dividend increased to kr7.00Dividend of kr7.00 is 7.7% higher than last year. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.2% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr114, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total returns to shareholders of 81% over the past three years.
공시 • Oct 25+ 5 more updatesEwork Group AB (publ) to Report Q2, 2024 Results on Jul 19, 2024Ework Group AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.25 (down from kr2.02 in 3Q 2022). Revenue: kr3.64b (up 4.2% from 3Q 2022). Net income: kr21.7m (down 38% from 3Q 2022). Profit margin: 0.6% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Sep 25Ework Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023Ework Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023
New Risk • Jul 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 20Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.84 (up from kr1.50 in 2Q 2022). Revenue: kr4.38b (up 11% from 2Q 2022). Net income: kr31.8m (up 23% from 2Q 2022). Profit margin: 0.7% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 11Does Ework Group (STO:EWRK) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr137, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Sweden. Total returns to shareholders of 152% over the past three years.
Buying Opportunity • Apr 26Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be kr210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 25%.
Upcoming Dividend • Apr 19Upcoming dividend of kr6.50 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Swedish dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 06Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden.
분석 기사 • Apr 05Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ)'s ( STO:EWRK ) dividend will be increasing from last year's payment of the same period to SEK6.50...
분석 기사 • Feb 12Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ) ( STO:EWRK ) will increase its dividend from last year's comparable payment on the 3rd of May to...
Reported Earnings • Feb 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr8.07 (up from kr5.68 in FY 2021). Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
공시 • Feb 10Ework Group AB (Publ) Proposes DividendEwork Group AB (publ) has decided to propose a dividend of SEK 6.50 per share to the upcoming Annual General Meeting.
분석 기사 • Feb 10Here's Why We Think Ework Group (STO:EWRK) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr149, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Sweden. Total returns to shareholders of 99% over the past three years.
공시 • Jan 04Ework Group AB (publ)(OM:EWRK) dropped from OMX Nordic Small Cap IndexeWork Scandinavia AB (publ) has been removed from OMX Nordic Small Cap Index.
Recent Insider Transactions • Dec 27Insider recently sold kr640k worth of stockOn the 22nd of December, Peter Lundahl sold around 5k shares on-market at roughly kr123 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr9.2m. Insiders have been net sellers, collectively disposing of kr6.7m more than they bought in the last 12 months.
Reported Earnings • Oct 22Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr2.02 (up from kr1.06 in 3Q 2021). Revenue: kr3.49b (up 24% from 3Q 2021). Net income: kr34.8m (up 90% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
공시 • Oct 21Ework Group AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Ework Group AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to kr112, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 76% over the past three years.
분석 기사 • Oct 21Is There Now An Opportunity In Ework Group AB (publ) (STO:EWRK)?Ework Group AB (publ) ( STO:EWRK ), might not be a large cap stock, but it received a lot of attention from a...
분석 기사 • Oct 06With EPS Growth And More, Ework Group (STO:EWRK) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • Jul 19Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: kr1.50 (up from kr1.41 in 2Q 2021). Revenue: kr3.97b (up 19% from 2Q 2021). Net income: kr25.8m (up 6.2% from 2Q 2021). Profit margin: 0.7% (in line with 2Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 10%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • May 03First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: kr2.05 (up from kr1.29 in 1Q 2021). Revenue: kr3.92b (up 24% from 1Q 2021). Net income: kr35.3m (up 59% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 7.6%, compared to a 15% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 27Upcoming dividend of kr5.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 4.2%. Lower than top quartile of Swedish dividend payers (4.7%). Higher than average of industry peers (2.1%).
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 7.8%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Oct 21Chief Financial Officer recently bought kr117k worth of stockOn the 19th of October, Ola Maalsnes bought around 1k shares on-market at roughly kr117 per share. This was the largest purchase by an insider in the last 3 months. This was Ola's only on-market trade for the last 12 months.
Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS kr1.06 (vs kr0.87 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr2.82b (up 14% from 3Q 2020). Net income: kr18.3m (up 22% from 3Q 2020). Profit margin: 0.7% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Aug 15Insider recently sold kr124k worth of stockOn the 12th of August, Pernilla Nilsson sold around 1k shares on-market at roughly kr120 per share. In the last 3 months, they made an even bigger sale worth kr288k. Insiders have been net sellers, collectively disposing of kr985k more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr119, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the IT industry in Sweden. Total returns to shareholders of 40% over the past three years.
Recent Insider Transactions • Jul 27Insider recently sold kr288k worth of stockOn the 23rd of July, Pernilla Nilsson sold around 3k shares on-market at roughly kr104 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr609k more than they bought in the last 12 months.