View Future GrowthRefine Group 과거 순이익 실적과거 기준 점검 0/6Refine Group 의 수입은 연평균 -0.3%의 비율로 감소해 온 반면, Specialty Retail 산업은 연평균 11.4%의 비율로 증가했습니다. 매출은 연평균 12.5%의 비율로 감소해 왔습니다.핵심 정보-0.34%순이익 성장률84.60%주당순이익(EPS) 성장률Specialty Retail 산업 성장률9.85%매출 성장률-12.50%자기자본이익률-149.79%순이익률-84.45%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트Reported Earnings • Aug 24Second quarter 2025 earnings released: kr0.10 loss per share (vs kr0.21 loss in 2Q 2024)Second quarter 2025 results: kr0.10 loss per share (improved from kr0.21 loss in 2Q 2024). Revenue: kr38.5m (down 51% from 2Q 2024). Net loss: kr6.97m (loss narrowed 43% from 2Q 2024).모든 업데이트 보기Recent updatesNew Risk • 6hNew minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Revenue has declined by 42% over the past year. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (kr87.6m market cap, or US$9.44m). Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).공시 • May 05Refine Group AB (publ), Annual General Meeting, Jun 04, 2026Refine Group AB (publ), Annual General Meeting, Jun 04, 2026, at 09:30 W. Europe Standard Time. Location: tm & partners premises, at jakobs torg 3 in stockholm, Sweden분석 기사 • Dec 19Revenues Not Telling The Story For Refine Group AB (publ) (STO:REFINE)With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Specialty Retail industry in Sweden, you could be...New Risk • Dec 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 42% over the past year. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (kr23.7m market cap, or US$2.54m).Reported Earnings • Aug 24Second quarter 2025 earnings released: kr0.10 loss per share (vs kr0.21 loss in 2Q 2024)Second quarter 2025 results: kr0.10 loss per share (improved from kr0.21 loss in 2Q 2024). Revenue: kr38.5m (down 51% from 2Q 2024). Net loss: kr6.97m (loss narrowed 43% from 2Q 2024).New Risk • May 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr11m 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 (-kr11m free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Revenue has declined by 6.1% over the past year. Market cap is less than US$10m (kr18.0m market cap, or US$1.87m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).New Risk • May 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (45% average weekly change). Market cap is less than US$10m (kr15.5m market cap, or US$1.62m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (22% increase in shares outstanding).공시 • May 03Refine Group AB (publ), Annual General Meeting, Jun 04, 2025Refine Group AB (publ), Annual General Meeting, Jun 04, 2025, at 13:00 W. Europe Standard Time. Location: at about value`s premises, at nybrogatan 7, stockholm SwedenNew Risk • Apr 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 40% 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 (40% average weekly change). Market cap is less than US$10m (kr37.8m market cap, or US$3.84m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).분석 기사 • Feb 12Is Refine Group (STO:REFINE) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • Jan 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Simon Petren is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.New Risk • Dec 07New major risk - Revenue and earnings growthRevenue has declined by 1.8% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue has declined by 1.8% over the past year. Market cap is less than US$10m (kr39.4m market cap, or US$3.61m). Minor Risk Less than 3 years of financial data is available.분석 기사 • Oct 06Health Check: How Prudently Does Refine Group (STO:REFINE) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Jun 23Is Refine Group (STO:REFINE) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • May 17Refine Group AB (publ), Annual General Meeting, Jun 13, 2024Refine Group AB (publ), Annual General Meeting, Jun 13, 2024, at 13:00 W. Europe Standard Time. Location: in the company`s premises at address c/o, l26, luntmakargatan 26, stockholm Sweden분석 기사 • Mar 09Is Refine Group (STO:REFINE) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...매출 및 비용 세부 내역Refine Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이OM:VETT 매출, 비용 및 순이익 (SEK Millions)날짜매출순이익일반관리비연구개발비30 Sep 25153-12941030 Jun 25183-14248031 Mar 25224-14755031 Dec 24245-16460030 Sep 24262-30669030 Jun 24277-31275031 Mar 24270-31675031 Dec 23262-31370031 Dec 22233-17320양질의 수익: VETT 은(는) 현재 수익성이 없습니다.이익 마진 증가: VETT는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 VETT의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: 현재 수익성이 없어 지난 1년간 VETT의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: VETT은 수익성이 없어 지난 해 수익 성장률을 Specialty Retail 업계(28.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: VETT는 현재 수익성이 없으므로 자본 수익률이 음수(-149.79%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 17:39종가2026/05/25 00:00수익2025/09/30연간 수익2024/12/31데이터 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 소스Refine Group AB (publ)는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Aug 24Second quarter 2025 earnings released: kr0.10 loss per share (vs kr0.21 loss in 2Q 2024)Second quarter 2025 results: kr0.10 loss per share (improved from kr0.21 loss in 2Q 2024). Revenue: kr38.5m (down 51% from 2Q 2024). Net loss: kr6.97m (loss narrowed 43% from 2Q 2024).
New Risk • 6hNew minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Revenue has declined by 42% over the past year. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (kr87.6m market cap, or US$9.44m). Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).
공시 • May 05Refine Group AB (publ), Annual General Meeting, Jun 04, 2026Refine Group AB (publ), Annual General Meeting, Jun 04, 2026, at 09:30 W. Europe Standard Time. Location: tm & partners premises, at jakobs torg 3 in stockholm, Sweden
분석 기사 • Dec 19Revenues Not Telling The Story For Refine Group AB (publ) (STO:REFINE)With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Specialty Retail industry in Sweden, you could be...
New Risk • Dec 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 42% over the past year. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (kr23.7m market cap, or US$2.54m).
Reported Earnings • Aug 24Second quarter 2025 earnings released: kr0.10 loss per share (vs kr0.21 loss in 2Q 2024)Second quarter 2025 results: kr0.10 loss per share (improved from kr0.21 loss in 2Q 2024). Revenue: kr38.5m (down 51% from 2Q 2024). Net loss: kr6.97m (loss narrowed 43% from 2Q 2024).
New Risk • May 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr11m 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 (-kr11m free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Revenue has declined by 6.1% over the past year. Market cap is less than US$10m (kr18.0m market cap, or US$1.87m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).
New Risk • May 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (45% average weekly change). Market cap is less than US$10m (kr15.5m market cap, or US$1.62m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (22% increase in shares outstanding).
공시 • May 03Refine Group AB (publ), Annual General Meeting, Jun 04, 2025Refine Group AB (publ), Annual General Meeting, Jun 04, 2025, at 13:00 W. Europe Standard Time. Location: at about value`s premises, at nybrogatan 7, stockholm Sweden
New Risk • Apr 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 40% 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 (40% average weekly change). Market cap is less than US$10m (kr37.8m market cap, or US$3.84m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).
분석 기사 • Feb 12Is Refine Group (STO:REFINE) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • Jan 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Simon Petren is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
New Risk • Dec 07New major risk - Revenue and earnings growthRevenue has declined by 1.8% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue has declined by 1.8% over the past year. Market cap is less than US$10m (kr39.4m market cap, or US$3.61m). Minor Risk Less than 3 years of financial data is available.
분석 기사 • Oct 06Health Check: How Prudently Does Refine Group (STO:REFINE) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Jun 23Is Refine Group (STO:REFINE) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • May 17Refine Group AB (publ), Annual General Meeting, Jun 13, 2024Refine Group AB (publ), Annual General Meeting, Jun 13, 2024, at 13:00 W. Europe Standard Time. Location: in the company`s premises at address c/o, l26, luntmakargatan 26, stockholm Sweden
분석 기사 • Mar 09Is Refine Group (STO:REFINE) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...