Board Change • May 20
High number of new directors Director Vegard Soraunet was the last director to join the board, commencing their role in 2026. Aankondiging • Feb 12
Profoto Holding AB (publ), Annual General Meeting, May 06, 2026 Profoto Holding AB (publ), Annual General Meeting, May 06, 2026, at 13:00 W. Europe Standard Time. Location: at profoto`s premises,at landsvagen 57, sundbyberg, Sweden Aankondiging • Feb 11
Profoto Holding AB (publ) to Report Fiscal Year 2026 Results on Feb 10, 2027 Profoto Holding AB (publ) announced that they will report fiscal year 2026 results on Feb 10, 2027 Aankondiging • Jan 19
Profoto Holding AB (publ) to Report Q1, 2026 Results on May 06, 2026 Profoto Holding AB (publ) announced that they will report Q1, 2026 results on May 06, 2026 Aankondiging • Jul 21
Profoto Holding AB (publ) to Report Fiscal Year 2025 Final Results between Mar 23, 2026 and Mar 27, 2026 Profoto Holding AB (publ) announced that they will report fiscal year 2025 final results on between Mar 23, 2026 and Mar 27, 2026 Aankondiging • Jul 18
Profoto Holding AB (publ) to Report Fiscal Year 2025 Results on Feb 06, 2026 Profoto Holding AB (publ) announced that they will report fiscal year 2025 results on Feb 06, 2026 Aankondiging • Jun 05
Profoto Continues to Solidify Its Presence on the Cinema Lighting Market with Three New Products Profoto launched three new ground-breaking LED lights designed specifically for the cinema industry. With the introduction of Profoto LP2000C, Profoto will offer the world's most powerful full-color soft light panel. It will be accompanied by two point-source LEDs; The full-color Profoto L600C and the daylight balanced L600D. All three products share a common promise of being faster, lighter and brighter than competing products. Significant steps towards growth. With the launch of the three new products, Profoto has a range of LED solutions targeted at high-end film production. With a cinema lighting market that holds the potential to rival Profoto's existing core business in professional photography, these launches constitute the next step in Profoto's major strategic move towards becoming a leading premium lighting brand in film production. With its strong global brand awareness, a premium product portfolio, and an optimized organization, Profoto is now focusing on continuing to establish itself in the major film industry markets of North America and the UK. Increased market activity is expected to drive higher sales towards the end of 2025. Profoto LP2000C - The world's brightest soft-light LED. The LP2000C delivers an impressive 2000 watts of rich, soft, full-color light in a lightweight, durable design. Thanks to Profoto's patent-pending cooling technology CTech, the LP2000C weighs only 27kg/59lbs, 50% less than its nearest competition. The low weight allows for one-man rigging, solving one of the most common pain points among users in the film industry. Maximum power with minimal manpower. Additionally, the Profoto LP2000C isn't only the world's brightest full-color soft light LED panel with its 2000W output, it also sets a new industry standard for efficiency on set. The Profoto Core™? LED engine provides unmatched color rendering, giving the world's best filmmakers access to unparalleled light quality, saving precious and valuable time in postproduction. Profoto L600C - A new standard for color accuracy in point source LEDs. The L600C is a 600W full-color point source LED tailored for cinematic productions demanding speed, precision, and performance. Weighing in at only 6.1kg/13.5 lbs due to Profoto's patent- pending cooling system HydroCTech, the L600C weighs just a fraction of other lights on the market, providing the world's best power-to-weight ratio. And with all-in-one design there is no ballast, so rapid set-ups and time saving on set is included. Thanks to the Profoto Core™? LED Engine, it delivers an industry leading light quality and color rendition. It ensures perfect skin tones and flawless color rendition and an unbeatable spectral accuracy. With support for 300+ gels and over 55 Profoto light modifiers, the creative options are endless. Aankondiging • May 07
Profoto Holding AB (Publ) Announces Helena Holmgren Declines Re-Election Profoto Holding AB (publ) announced that at its AGM held on 7 May 2025, Helena Holmgren declined re-election. Aankondiging • Feb 12
Profoto Holding AB (publ), Annual General Meeting, May 09, 2025 Profoto Holding AB (publ), Annual General Meeting, May 09, 2025, at 13:00 W. Europe Standard Time. Location: profotos premises, landsvagen 57, sundbyberg Sweden Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: kr0.70 (vs kr0.68 in 3Q 2023) Third quarter 2024 results: EPS: kr0.70 (up from kr0.68 in 3Q 2023). Revenue: kr175.0m (up 1.7% from 3Q 2023). Net income: kr28.0m (up 3.7% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. 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 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Aug 27
Profoto Holding AB (publ) Announces CFO Changes Profoto Holding AB (publ) announced Linus Marmstedt will take up the role of acting CFO as of September 2, 2024 in conjunction with the departure of Carl Bandhold, as communicated on April 29, 2024. Linus has extensive experience in financial management and has previously worked for several Swedish public companies. Linus most recently comes from a similar role at Wall to Wall Group listed on Nasdaq Stockholm Main market. The recruitment of a permanent CFO is ongoing, and Linus Marmstedt will remain as acting CFO and member of Group Management until a permanent CFO is in place. Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: kr0.70 (vs kr0.90 in 2Q 2023) Second quarter 2024 results: EPS: kr0.70 (down from kr0.90 in 2Q 2023). Revenue: kr212.0m (up 17% from 2Q 2023). Net income: kr28.0m (down 22% from 2Q 2023). Profit margin: 13% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Jul 17
Profoto Holding AB (publ) to Report Fiscal Year 2024 Results on Feb 06, 2025 Profoto Holding AB (publ) announced that they will report fiscal year 2024 results on Feb 06, 2025 Reported Earnings • May 15
First quarter 2024 earnings released: EPS: kr0.66 (vs kr1.40 in 1Q 2023) First quarter 2024 results: EPS: kr0.66 (down from kr1.40 in 1Q 2023). Revenue: kr188.0m (down 18% from 1Q 2023). Net income: kr27.0m (down 52% from 1Q 2023). Profit margin: 14% (down from 25% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Aankondiging • May 15
Profoto Holding AB (publ) Approves Cash Dividend for the Financial Year 2023, Payable on May 21, 2024 Profoto Holding AB (publ) announced that at its AGM held on May 14, 2024 resolved in accordance with the Board of Directors’ proposed disposition of the company’s profit, entailing a cash dividend for the financial year 2023 of SEK 3.75 per share and that the record date for the cash dividend is to be May 16, 2024. The payment by Euroclear Sweden AB is expected to start on May 21, 2024. Upcoming Dividend • May 08
Upcoming dividend of kr3.75 per share Eligible shareholders must have bought the stock before 15 May 2024. Payment date: 21 May 2024. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%). Aankondiging • May 08
Profoto Holding AB (Publ) Introduces the Pro-D3 Industrial Grade Monoligh Profoto Holding AB (publ) Introducing the Pro-D3 industrial grade monolight. Developed to address global content production needs. Available in two versions, with 750Ws or 1250Ws of power at your disposal. The Pro-D3 is designed to be a relentless work horse, equipped with high-grade components through and through. With an impressive 11 f- stop flash power adjustment range and 0.1 f-stop precision, the Pro-D3 ensures unparalleled versatility, catering to the power-intensive and durability needs of high-volume shooting. The Pro-D3 introduces three distinct flash modes to ensure unmatched lifetime economy as well as providing options for specific use cases. In default ECO mode, flash parameters are optimized for color consistency and maximized equipment lifetime. BOOST adds an extra boost of power, while FREEZE delivers the shortest flash duration for razor-sharp splashing liquid and fast action shots. The Pro-D3 also features an extremely power efficient LED-modeling light. It shines brighter than a 400- Watt halogen lamp with only 15% of the power consumption. Beyond saving energy costs this keeps light shapers cool and extends their lifetime. Last but not least, the modeling light has a fixed daylight balanced color temperature and light spread like the flash, so it gives a good representation of the light in the final shot. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: kr3.88 (vs kr4.85 in FY 2022) Full year 2023 results: EPS: kr3.88 (down from kr4.85 in FY 2022). Revenue: kr787.0m (down 7.2% from FY 2022). Net income: kr155.0m (down 20% from FY 2022). Profit margin: 20% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Board Change • Apr 01
Insufficient new 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. 1 highly experienced director. Independent Director Helena Holmgren was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 08
Dividend of kr3.75 announced Shareholders will receive a dividend of kr3.75. Ex-date: 15th May 2024 Payment date: 21st May 2024 Dividend yield will be 55%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 1.9% over the next 2 years. A fall of 2.9% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk. Reported Earnings • Feb 07
Full year 2023 earnings released: EPS: kr3.88 (vs kr4.85 in FY 2022) Full year 2023 results: EPS: kr3.88 (down from kr4.85 in FY 2022). Revenue: kr819.0m (down 3.4% from FY 2022). Net income: kr155.0m (down 20% from FY 2022). Profit margin: 19% (down from 23% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (111% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). New Risk • Nov 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (111% cash payout ratio). Aankondiging • Nov 08
Profoto Holding AB (publ), Annual General Meeting, May 14, 2024 Profoto Holding AB (publ), Annual General Meeting, May 14, 2024, at 13:00 Central European Standard Time. Location: Landsvägen 57 Sundbyberg Sweden Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: kr0.67 (vs kr1.35 in 3Q 2022) Third quarter 2023 results: EPS: kr0.67 (down from kr1.35 in 3Q 2022). Revenue: kr183.0m (down 22% from 3Q 2022). Net income: kr27.0m (down 50% from 3Q 2022). Profit margin: 15% (down from 23% in 3Q 2022). The decrease in margin was driven by lower revenue. Aankondiging • Jul 23
Profoto Holding AB (publ) to Report Fiscal Year 2023 Results on Feb 08, 2024 Profoto Holding AB (publ) announced that they will report fiscal year 2023 results on Feb 08, 2024 Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: kr0.90 (vs kr0.90 in 2Q 2022) Second quarter 2023 results: EPS: kr0.90 (in line with 2Q 2022). Revenue: kr192.0m (up 2.7% from 2Q 2022). Net income: kr36.0m (flat on 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Buying Opportunity • May 25
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 2.0%. The fair value is estimated to be €9.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 26%. Aankondiging • May 06
Profoto Holding AB (publ) Approves Cash Dividend for the Financial Year 2022, Payable on May 12, 2023 Profoto Holding AB (publ) at its Annual General Meeting held on May 5, 2023, resolved in accordance with the Board of Directors’ proposed disposition of the company’s profit, entailing a cash dividend for the financial year 2022 of SEK 4.00 per share and that the record date for the cash dividend is to be May 9, 2023. The payment by Euroclear Sweden AB is expected to start on May 12, 2023. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: kr1.40 (vs kr1.00 in 1Q 2022) First quarter 2023 results: EPS: kr1.40 (up from kr1.00 in 1Q 2022). Revenue: kr231.0m (up 18% from 1Q 2022). Net income: kr56.0m (up 40% from 1Q 2022). Profit margin: 24% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Upcoming Dividend • May 01
Upcoming dividend of kr4.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 82% and 76% respectively. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.8%). Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: kr4.85 (vs kr3.95 in FY 2021) Full year 2022 results: EPS: kr4.85 (up from kr3.95 in FY 2021). Revenue: kr880.0m (up 20% from FY 2021). Net income: kr194.0m (up 23% from FY 2021). Profit margin: 22% (in line with FY 2021). Buying Opportunity • Jan 13
Now 20% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €9.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 12% in a year. Earnings is forecast to decline by 1.9% in the next year. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: kr1.34 (vs kr1.13 in 3Q 2021) Third quarter 2022 results: EPS: kr1.34 (up from kr1.13 in 3Q 2021). Revenue: kr242.0m (up 28% from 3Q 2021). Net income: kr54.0m (up 20% from 3Q 2021). Profit margin: 22% (down from 24% in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Durables industry in Germany. Aankondiging • Nov 08
Profoto Holding AB (publ), Annual General Meeting, May 05, 2023 Profoto Holding AB (publ), Annual General Meeting, May 05, 2023. Aankondiging • Oct 26
Profoto AB Announces Management Changes Profoto AB announced appointment of nomination committe and consists of Johan Lannebo, Lannebo Fonder; Anders Hedebark, Burken Invest;Carl-Michael Lindholm, Herenco and the Chairman of the Board Hans Eckerström. Aankondiging • Aug 17
Petter Sylvan, CFO at Profoto Holding Decides to Leave Petter Sylvan, CFO at Profoto Holding, has decided to leave his position to become CFO at Avonova. Petter Sylvan has been with Profoto for 17 years and has since 2009 been the CFO and part of the Management. Prior to that, he held different roles within the organization. Petter will continue his role as CFO and be a part of the management team during his notice period of six months. A recruitment process to find his successor will begin immediately. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: kr0.90 (vs kr0.55 in 2Q 2021) Second quarter 2022 results: EPS: kr0.90 (up from kr0.55 in 2Q 2021). Revenue: kr193.0m (up 12% from 2Q 2021). Net income: kr36.0m (up 64% from 2Q 2021). Profit margin: 19% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 3.6% growth forecast for the industry in Germany. Buying Opportunity • Jun 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be €11.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last year. Earnings per share has grown by 3,933%. Revenue is forecast to grow by 19% in a year. Earnings is forecast to grow by 19% in the next year. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: kr0.99 (vs kr0.78 in 1Q 2021) First quarter 2022 results: EPS: kr0.99 (up from kr0.78 in 1Q 2021). Revenue: kr205.0m (up 34% from 1Q 2021). Net income: kr40.0m (up 29% from 1Q 2021). Profit margin: 20% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 7.5% growth forecast for the industry in Germany. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: kr3.95 (vs kr0.44 loss in FY 2020) Full year 2021 results: EPS: kr3.95 (up from kr0.44 loss in FY 2020). Revenue: kr734.0m (up 39% from FY 2020). Net income: kr158.0m (up kr175.0m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 9.1%, compared to a 10% growth forecast for the industry in Germany. Aankondiging • Apr 08
Profoto Holding AB (publ) (OM:PRFO) acquired Styleshoots B.V. for €18 million. Profoto Holding AB (publ) (OM:PRFO) acquired Styleshoots B.V. for €18 million on April 6, 2022. Under the terms, consideration will be paid on cash free and debt free basis. The acquisition is financed through own funds. All employees of Styleshoots are expected to remain in Styleshoots following the acquisition. For the year ended 2021, Styleshoots had €9 million of sales.
Profoto Holding AB (publ) (OM:PRFO) completed the acquisition of Styleshoots B.V. on April 6, 2022. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr3.95 (up from kr0.44 loss in FY 2020). Revenue: kr743.0m (up 41% from FY 2020). Net income: kr158.0m (up kr175.0m from FY 2020). Profit margin: 21% (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 next year, revenue is forecast to grow 9.0%, compared to a 7.3% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 18% share price gain to €10.90, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Aankondiging • Sep 12
Profoto Introduces B10X and B10X Plus As a professional photographer, the last thing user want to look is unprofessional. User's have enough to deal with on a shoot like client demands, managing user's time, changing weather conditions without the added stress of worrying if the gear user have with user is up to the job. User want things to go as smoothly and simply as possible. Like getting the right light, at the right time, time after time. That's where the new Profoto B10X and B10X Plus can help. Thanks to them, all user have user do now is focus on getting the perfect shot, because they provide the perfect light. They're both multipurpose. So, whether you're shooting video or still, the B10X and B10X Plus can take it in their stride. Less gear, more shooting! And both are built and designed to world-class standards with the reliability you'd expect of Profoto, so they won't let user down. No over-heating, no misfiring. Just lightning-fast recycling time, a supremely user-friendly interface, and an even more powerful continuous light for video and stills. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 16% share price gain to kr9.20, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Consumer Durables industry in Germany.