View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNetmore Group 배당 및 자사주 매입배당 기준 점검 0/6Netmore Group 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률11.5%자사주 매입 수익률총 주주 수익률11.5%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.공시 • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.공시 • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.공시 • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.Breakeven Date Change • Oct 31No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.Price Target Changed • Oct 31Price target decreased by 29% to kr1.70Down from kr2.40, the current price target is provided by 1 analyst. New target price is 89% above last closing price of kr0.90. Stock is down 43% over the past year. The company posted a net loss per share of kr0.21 last year.New Risk • Oct 11New 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 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 (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr20m net loss next year). Market cap is less than US$100m (kr246.5m market cap, or US$22.6m).Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr320.8m market cap, or US$29.2m).Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (kr320.8m market cap, or US$29.0m).Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on 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 board continuity. Lack of experienced directors.Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on 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 board continuity. Lack of experienced directors.Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year whereas the company’s share price has increased by 63% per year.Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jul 01Chief Product Officer recently sold kr809k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly kr1.50 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 24New 90-day low: kr1.12The company is down 20% from its price of kr1.40 on 25 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 5.0% over the same period.Is New 90 Day High Low • Jan 19New 90-day low: kr1.16The company is down 11% from its price of kr1.30 on 21 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 15% over the same period.Is New 90 Day High Low • Dec 17New 90-day low: kr1.22The company is down 8.0% from its price of kr1.32 on 18 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 12% over the same period.공시 • Dec 03Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million on December 2, 2020. The transaction is valued at around SEK 7.5 million and will be financed with self-generated funds upon implementation. The transaction is expected to be completed during the current month.공시 • Oct 02Netmore Group AB (publ) announced that it expects to receive SEK 30 million in funding from Polar Structured Products IncorporatedNetmore Group AB (publ) (OM:NETM B) announced a private placement of convertible loan for the gross proceed of SEK 30,000,000 on October 1, 2020. The transaction will include participation from new investor Polar Structured Products Incorporated. The term of loan is 3 years with an annual interest rate of 5%. The investor has a right to convert the loan into B-shares of the company during the period starting October 1, 2022 until September 11, 2023 at a conversion price of SEK 3 per share. The transaction has been approved by board of directors of the company.공시 • Sep 04Netmore Group AB (publ) Announces Appointment of Ove Anebygd as CEONetmore Group AB (publ) announced that Ove Anebygd has assumed the role of CEO at the company, joining from Qvantel, where he held a leading position in digital modernisation of telecom operators. He succeeds Erik Hallberg. Anebyd has broad experience from executive business area positions at Ericsson and a global executive network within Telecom and adjacent technology areas.공시 • Jul 31Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B).Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020. Under the terms, Vincero acquired extra 37.5 million B shares in Netmore and will now own 26.7% of Netmore. Vincero AB completed the acquisition of an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 NETM B 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: NETM B 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Netmore Group 배당 수익률 vs 시장NETM B의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (NETM B)n/a시장 하위 25% (SE)1.9%시장 상위 25% (SE)4.2%업계 평균 (Wireless Telecom)3.6%분석가 예측 (NETM B) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 NETM B 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 NETM B 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 NETM B 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: NETM B 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YSE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/02/26 20:23종가2024/02/26 00:00수익2023/09/30연간 수익2022/12/31데이터 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Netmore Group AB (publ)는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bertil NilssonCarlsquare ABForbes GoldmanRedeye
공시 • Oct 30Netmore Group AB (publ) agreed to acquire Everynet BV.Netmore Group AB (publ) agreed to acquire Everynet BV on October 30, 2024. The acquisition of Everynet adds more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million. The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWAN network operator in the world.
공시 • Aug 13Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million.Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024.
공시 • May 16Netmore Group Appoints Lim Perng as Head of Sales, APACNetmore Group announced it is expanding its IoT business into the Asia Pacific region to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management solutions. With this expansion, Netmore has named Lim Perng as Head of Sales, APAC. Lim brings over 15 years of success in the telecommunications industry and a proven track record of driving business growth and forging strategic partnerships across the Asia Pacific region.
공시 • Nov 17Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom.Netmore Group AB (publ) (OM:NETM B) acquired Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023. This acquisition, facilitated by its owner, Polar Structure, ensures the network’s continued operation to support long-term projects enabled by a European vision of the market and sustainable network infrastructure deployments. Netmore Group AB (publ) (OM:NETM B) completed the acquisition of Objenious LoRaWAN assets of Bouygues Telecom on November 15, 2023.
Breakeven Date Change • Oct 31No longer forecast to breakevenThe analyst covering Netmore Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr21.0m in 2024. New forecast suggests the company will make a loss of kr20.6m in 2024.
Price Target Changed • Oct 31Price target decreased by 29% to kr1.70Down from kr2.40, the current price target is provided by 1 analyst. New target price is 89% above last closing price of kr0.90. Stock is down 43% over the past year. The company posted a net loss per share of kr0.21 last year.
New Risk • Oct 11New 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 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 (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr20m net loss next year). Market cap is less than US$100m (kr246.5m market cap, or US$22.6m).
Board Change • Oct 06High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman of the Board Karim Sahibzada was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Less than 1 year of cash runway based on free cash flow trend (-kr61m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr320.8m market cap, or US$29.2m).
Breakeven Date Change • Aug 28Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Reported Earnings • Aug 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr21.6m (up 83% from 2Q 2022). Net loss: kr14.0m (loss narrowed 14% from 2Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Less than 1 year of cash runway based on free cash flow trend (-kr58m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr15m net loss next year). Market cap is less than US$100m (kr320.8m market cap, or US$29.0m).
Reported Earnings • May 03First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr35.4m (up 196% from 1Q 2022). Net income: kr2.11m (up kr18.2m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 19Full year 2022 earnings released: kr0.21 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.21 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr57.8m (up 20% from FY 2021). Net loss: kr66.7m (loss narrowed 5.6% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Jan 27Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million.Melita Limited acquired Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) for €4.35 million on January 26, 2023. Melita Limited acquired Netmore M2M Ab for an initial cash purchase price of €1.75 million, plus a conditional additional cash purchase price of up to a further €2.6 million. Subject to target achievement, the additional purchase price 1 will accrue to Netmore Group in Q1 2024 and the additional purchase price 2 in Q3 2024. Melita Limited completed the acquisition of Netmore M2M Ab from Netmore Group AB (publ) (OM:NETM B) on January 26, 2023.
Breakeven Date Change • Dec 15Forecast to breakeven in 2024The analyst covering Netmore Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr7.30m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on 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 board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr12.4m (down 5.1% from 3Q 2021). Net loss: kr15.0m (loss narrowed 4.0% from 3Q 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: kr0.31 loss per share. Revenue: kr44.9m (up 7.7% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 38%, compared to a 1.4% growth forecast for the industry in Sweden.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Rolf Norberg is the most experienced director on 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 board continuity. Lack of experienced directors.
Reported Earnings • Feb 20Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.22 loss per share (up from kr0.38 loss in FY 2020). Revenue: kr54.1m (up 30% from FY 2020). Net loss: kr70.7m (loss widened 18% from FY 2020). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 55%. Over the next year, revenue is forecast to grow 15%, compared to a 2.8% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr14.3m (up 16% from 3Q 2020). Net loss: kr15.6m (loss widened 13% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year whereas the company’s share price has increased by 63% per year.
Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr13.3m (up 15% from 2Q 2020). Net loss: kr19.5m (loss widened 28% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jul 01Chief Product Officer recently sold kr809k worth of stockOn the 24th of June, Andreas Eriksson sold around 539k shares on-market at roughly kr1.50 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr11.6m (up 49% from 1Q 2020). Net loss: kr21.6m (loss widened 114% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 24New 90-day low: kr1.12The company is down 20% from its price of kr1.40 on 25 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Jan 19New 90-day low: kr1.16The company is down 11% from its price of kr1.30 on 21 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 15% over the same period.
Is New 90 Day High Low • Dec 17New 90-day low: kr1.22The company is down 8.0% from its price of kr1.32 on 18 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 12% over the same period.
공시 • Dec 03Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million.Netmore Group AB (publ) (OM:NETM B) signed a letter of intent to acquire IoT network of TalkPool AG (OM:TALK) for SEK 7.5 million on December 2, 2020. The transaction is valued at around SEK 7.5 million and will be financed with self-generated funds upon implementation. The transaction is expected to be completed during the current month.
공시 • Oct 02Netmore Group AB (publ) announced that it expects to receive SEK 30 million in funding from Polar Structured Products IncorporatedNetmore Group AB (publ) (OM:NETM B) announced a private placement of convertible loan for the gross proceed of SEK 30,000,000 on October 1, 2020. The transaction will include participation from new investor Polar Structured Products Incorporated. The term of loan is 3 years with an annual interest rate of 5%. The investor has a right to convert the loan into B-shares of the company during the period starting October 1, 2022 until September 11, 2023 at a conversion price of SEK 3 per share. The transaction has been approved by board of directors of the company.
공시 • Sep 04Netmore Group AB (publ) Announces Appointment of Ove Anebygd as CEONetmore Group AB (publ) announced that Ove Anebygd has assumed the role of CEO at the company, joining from Qvantel, where he held a leading position in digital modernisation of telecom operators. He succeeds Erik Hallberg. Anebyd has broad experience from executive business area positions at Ericsson and a global executive network within Telecom and adjacent technology areas.
공시 • Jul 31Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B).Vincero AB acquired an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020. Under the terms, Vincero acquired extra 37.5 million B shares in Netmore and will now own 26.7% of Netmore. Vincero AB completed the acquisition of an additional unknown minority stake in Netmore Group AB (publ) (OM:NETM B) on May 5, 2020.