Board Change • May 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Peyman Pournouri was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.02 loss per share (vs kr0.007 loss in 2Q 2023) Second quarter 2024 results: kr0.02 loss per share (further deteriorated from kr0.007 loss in 2Q 2023). Revenue: kr1.47m (down 9.8% from 2Q 2023). Net loss: kr606.8k (loss widened 136% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 04
First quarter 2024 earnings released: kr0.009 loss per share (vs kr0.02 loss in 1Q 2023) First quarter 2024 results: kr0.009 loss per share (improved from kr0.02 loss in 1Q 2023). Revenue: kr1.72m (flat on 1Q 2023). Net loss: kr316.5k (loss narrowed 60% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 29
Full year 2023 earnings released: kr0.03 loss per share (vs kr0.30 loss in FY 2022) Full year 2023 results: kr0.03 loss per share (improved from kr0.30 loss in FY 2022). Revenue: kr7.77m (up 7.7% from FY 2022). Net loss: kr1.04m (loss narrowed 68% from FY 2022). Reported Earnings • Nov 27
Third quarter 2023 earnings released: kr0.01 loss per share (vs kr0.11 loss in 3Q 2022) Third quarter 2023 results: kr0.01 loss per share (improved from kr0.11 loss in 3Q 2022). Revenue: kr1.78m (up 2.0% from 3Q 2022). Net loss: kr419.7k (loss narrowed 64% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. New Risk • Aug 13
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 Less than 1 year of cash runway based on free cash flow trend (-kr3.1m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (215% increase in shares outstanding). Revenue is less than US$1m (kr7.3m revenue, or US$677k). Market cap is less than US$10m (kr20.3m market cap, or US$1.88m). New Risk • Jun 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr3.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr3.1m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (215% increase in shares outstanding). Revenue is less than US$1m (kr7.3m revenue, or US$688k). Market cap is less than US$10m (kr22.9m market cap, or US$2.15m). New Risk • Jun 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 215% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (215% increase in shares outstanding). Revenue is less than US$1m (kr7.2m revenue, or US$677k). Market cap is less than US$10m (kr22.8m market cap, or US$2.14m). Reported Earnings • May 22
Full year 2022 earnings released Full year 2022 results: Revenue: kr7.26m (down 2.3% from FY 2021). Net loss: kr3.25m (loss narrowed 38% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 26
Third quarter 2022 earnings released: kr0.11 loss per share (vs kr0.11 loss in 3Q 2021) Third quarter 2022 results: kr0.11 loss per share (in line with 3Q 2021). Revenue: kr1.74m (up 2.9% from 3Q 2021). Net loss: kr1.18m (loss widened 3.1% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board Ali Ghafori was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 17
First quarter 2021 earnings released: kr0.09 loss per share (vs kr0.14 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr1.66m (up 28% from 1Q 2020). Net loss: kr911.4k (loss narrowed 37% from 1Q 2020). Is New 90 Day High Low • Feb 16
New 90-day high: kr10.80 The company is up 118% from its price of kr4.95 on 18 November 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: kr6.90 The company is up 32% from its price of kr5.22 on 28 October 2020. The Swedish market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: kr3.96 The company is down 46% from its price of kr7.30 on 29 September 2020. The Swedish market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: kr4.32 The company is down 47% from its price of kr8.20 on 08 September 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: kr4.95 The company is down 22% from its price of kr6.36 on 20 August 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 25
New 90-day low: kr5.82 The company is down 17% from its price of kr7.00 on 27 July 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period. 공시 • Jul 20
Game Chest Group AB (publ) to Report Q2, 2020 Results on Aug 13, 2020 Game Chest Group AB (publ) announced that they will report Q2, 2020 results on Aug 13, 2020