공시 • Jan 15
BrandBee Holding AB (publ) (NGM:BRANDB) entered into an agreement to acquire Ådata infosystem AB and Itevo AB from Mavshack AB (publ) (OM:MAV) for SEK 9.3 million. BrandBee Holding AB (publ) (NGM:BRANDB) entered into an agreement to acquire Ådata infosystem AB and Itevo AB from Mavshack AB (publ) (OM:MAV) for SEK 9.3 million on January 14, 2025. The consideration consists of SEK 3 million in cash and issue of 9 million new shares of BrandBee Holding AB (publ) having a value of SEK 6.32 million. The cash portion is financed with a loan from a shareholder at market interest. For the period ending December 31, 2024, Ådata infosystem AB and Itevo AB reported total revenue of SEK 11 million.
The transaction is subject to approval by the board of directors of BrandBee Holding AB and Mavshack AB. New Risk • Jun 07
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -kr7.4m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. 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 (-kr1.9m free cash flow). Share price has been highly volatile over the past 3 months (60% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Revenue is less than US$1m (kr9.8m revenue, or US$940k). Market cap is less than US$10m (kr757.3k market cap, or US$72.8k). Minor Risk Negative equity (-kr7.4m). New Risk • May 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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 (-kr5.2m free cash flow). Share price has been highly volatile over the past 3 months (62% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (kr1.14m market cap, or US$104.6k). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (kr17m revenue, or US$1.5m). New Risk • Dec 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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 (-kr5.2m free cash flow). Share price has been highly volatile over the past 3 months (5,800% average daily change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (kr3.03m market cap, or US$295.4k). Minor Risk Revenue is less than US$5m (kr17m revenue, or US$1.6m). 공시 • Sep 28
BrandBee Holding AB (publ) to Report Q3, 2023 Results on Oct 27, 2023 BrandBee Holding AB (publ) announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr3.46m (down 16% from 2Q 2022). Net loss: kr4.13m (loss narrowed 32% from 2Q 2022). 공시 • Aug 03
BrandBee Holding AB (publ) to Report Q2, 2023 Results on Aug 30, 2023 BrandBee Holding AB (publ) announced that they will report Q2, 2023 results on Aug 30, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr2.63m (down 33% from 1Q 2022). Net loss: kr4.08m (loss narrowed 34% from 1Q 2022). 공시 • Jan 26
BrandBee Holding AB (publ) to Report Fiscal Year 2022 Results on Feb 24, 2023 BrandBee Holding AB (publ) announced that they will report fiscal year 2022 results on Feb 24, 2023 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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 • Nov 03
Third quarter 2022 earnings released: kr0.03 loss per share (vs kr0.021 loss in 3Q 2021) Third quarter 2022 results: kr0.03 loss per share (further deteriorated from kr0.021 loss in 3Q 2021). Revenue: kr3.69m (down 57% from 3Q 2021). Net loss: kr5.99m (loss widened 106% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
Second quarter 2022 earnings released: kr0.03 loss per share (vs kr0.11 loss in 2Q 2021) Second quarter 2022 results: kr0.03 loss per share (up from kr0.11 loss in 2Q 2021). Revenue: kr4.13m (down 66% from 2Q 2021). Net loss: kr6.12m (loss narrowed 59% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. 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. No highly experienced directors. No independent directors (3 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 • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.02 loss per share (down from kr0.01 loss in FY 2020). Revenue: kr35.3m (up 174% from FY 2020). Net loss: kr34.2m (loss widened 228% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 08
Second quarter 2021 earnings released: kr0.01 loss per share (vs kr0.006 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: kr12.1m (up kr10.1m from 2Q 2020). Net loss: kr14.8m (loss widened 435% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 05
Chief Executive Officer recently bought kr700k worth of stock On the 3rd of May, Magnus Clarenbring bought around 10m shares on-market at roughly kr0.07 per share. This was the largest purchase by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months. Reported Earnings • May 05
First quarter 2021 earnings released The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: kr2.62m (up 158% from 1Q 2020). Net loss: kr5.57m (loss widened 81% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 02
Full year 2020 earnings released: kr0.01 loss per share (vs kr0.059 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr12.6m (up 168% from FY 2019). Net loss: kr10.4m (loss narrowed 45% from FY 2019). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. 공시 • Dec 11
BrandBee Holding AB (publ) (NGM:BRANDB) acquired 21.8% stake in CloudRepublic AB (publ) (NGM:CLDR B). BrandBee Holding AB (publ) (NGM:BRANDB) acquired 21.8% stake in CloudRepublic AB (publ) (NGM:CLDR B) on December 10, 2020.
BrandBee Holding AB (publ) (NGM:BRANDB) completed the acquisition of 21.8% stake in CloudRepublic AB (publ) (NGM:CLDR B) on December 10, 2020.