Reported Earnings • 2h
First quarter 2026 earnings released First quarter 2026 results: Revenue: kr2.90m (up 14% from 1Q 2025). Net loss: kr1.05m (loss widened 105% from 1Q 2025). Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Johan Fredrik Reimers was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 21
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr2.99m (up 90% from 2Q 2023). Net loss: kr832.3k (loss narrowed 64% from 2Q 2023). New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 7.9% per year over the past 5 years. Revenue is less than US$1m (kr6.6m revenue, or US$634k). Market cap is less than US$10m (kr44.4m market cap, or US$4.24m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • Apr 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 2.8% per year over the past 5 years. Revenue is less than US$1m (kr6.7m revenue, or US$628k). Market cap is less than US$10m (kr27.0m market cap, or US$2.54m). Reported Earnings • Feb 20
Full year 2023 earnings released: kr0.023 loss per share (vs kr0.008 profit in FY 2022) Full year 2023 results: kr0.023 loss per share (down from kr0.008 profit in FY 2022). Revenue: kr6.68m (down 59% from FY 2022). Net loss: kr7.56m (down 406% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 45% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 17
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr1.12m (down 51% from 3Q 2022). Net loss: kr1.94m (loss narrowed 5.0% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. New Risk • Oct 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (kr7.4m revenue, or US$662k). Market cap is less than US$10m (kr59.6m market cap, or US$5.36m). Reported Earnings • Aug 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.57m (down 30% from 2Q 2022). Net loss: kr2.28m (loss widened 108% from 2Q 2022). Reported Earnings • May 21
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr1.50m (down 85% from 1Q 2022). Net loss: kr2.40m (down 134% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 20
Full year 2022 earnings released: EPS: kr0.007 (vs kr0.002 in FY 2021) Full year 2022 results: EPS: kr0.007 (up from kr0.002 in FY 2021). Revenue: kr15.7m (up 134% from FY 2021). Net income: kr2.13m (up 250% from FY 2021). Profit margin: 14% (up from 9.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Chairman of the Board Johan Fredrik Reimers was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • May 20
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr9.85m (up 293% from 1Q 2021). Net income: kr7.01m (up 495% from 1Q 2021). Profit margin: 71% (up from 47% in 1Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Director Johan Fredrik Reimers was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.003 (up from kr0.011 loss in FY 2020). Revenue: kr6.69m (up 296% from FY 2020). Net income: kr980.6k (up kr4.07m from FY 2020). Profit margin: 15% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr817.7k (up 95% from 3Q 2020). Net income: kr315.6k (up kr936.8k from 3Q 2020). Profit margin: 39% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Is New 90 Day High Low • Feb 25
New 90-day high: kr0.78 The company is up 15% from its price of kr0.68 on 27 November 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: kr0.43 The company is down 52% from its price of kr0.90 on 09 September 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 4.0% over the same period.