Aankondiging • Nov 26
Valuno Group AB (publ) to Report Fiscal Year 2025 Final Results on Dec 10, 2025 Valuno Group AB (publ) announced that they will report fiscal year 2025 final results on Dec 10, 2025 Aankondiging • Oct 10
Valuno Group AB (publ) to Report Fiscal Year 2025 Final Results on Nov 04, 2025 Valuno Group AB (publ) announced that they will report fiscal year 2025 final results on Nov 04, 2025 Aankondiging • Aug 27
Valuno Group AB (publ) to Report Fiscal Year 2025 Results on Aug 27, 2025 Valuno Group AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Aug 27, 2025 Aankondiging • Feb 14
Valuno Group AB (publ) to Report Q2, 2025 Results on Feb 19, 2025 Valuno Group AB (publ) announced that they will report Q2, 2025 results on Feb 19, 2025 Aankondiging • Nov 22
QuickBit eu AB (publ) to Report Q1, 2025 Results on Nov 28, 2024 QuickBit eu AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on Nov 28, 2024 Reported Earnings • Nov 07
Full year 2024 earnings released: €0.08 loss per share (vs €0.14 loss in FY 2023) Full year 2024 results: €0.08 loss per share (improved from €0.14 loss in FY 2023). Revenue: €88.2m (down 62% from FY 2023). Net loss: €9.30m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 13
QuickBit eu AB (publ) to Report Fiscal Year 2024 Results on Aug 28, 2024 QuickBit eu AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Aug 28, 2024 Reported Earnings • May 23
Third quarter 2024 earnings released: €0.008 loss per share (vs €0.041 loss in 3Q 2023) Third quarter 2024 results: €0.008 loss per share (improved from €0.041 loss in 3Q 2023). Revenue: €23.3m (down 61% from 3Q 2023). Net loss: €1.10m (loss narrowed 69% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 27
QuickBit eu AB (publ) to Report Q3, 2024 Results on May 22, 2024 QuickBit eu AB (publ) announced that they will report Q3, 2024 results at 8:00 AM, Central European Standard Time on May 22, 2024 New Risk • Feb 22
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: -€1.6m 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 (-€1.6m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€11.9m market cap, or US$12.9m). Aankondiging • Feb 01
Quickbit Announces Wilhelm Eklund Takes Up a Role as Chief Technical Officer Quickbit announced the strengthening of Group Management. Wilhelm Eklund, formerly Tech Lead at Quickbit, will take up a new role as Chief Technical Officer (CTO) and become part of the management team. Wilhelm joined Quickbit in October 2023 and has since that been a key figure in Quickbit's tech team. With his experience in developing and realizing scalability in technical platforms and building quality products, he has contributed, and will continue to contribute, with valuable knowledge and insights in Quickbit's development. Previously, he has, among other things, a background as a Scrum Master at Barnebys and Quinyx, as well as a full-stack developer at Klarna and Aftonbladet. As of January 31, 2024, Wilhelm joins Quickbit's management team as CTO. The Group Management now consists of Daniel Sonesson, CEO, Daniel Boettge, CFO, Martin Samuelsson, CPO, Jesper Sundström, Head of Growth, Elvira Vänerfors, Head of Compliance, and Wilhelm Eklund, CTO. New Risk • Dec 21
New major risk - Revenue and earnings growth Earnings have declined by 62% 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 Share price has been highly volatile over the past 3 months (63% average weekly change). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€12.5m market cap, or US$13.6m). New Risk • Dec 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 (71% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€13.5m market cap, or US$14.7m). Reported Earnings • Nov 26
Full year 2023 earnings released: €0.14 loss per share (vs €0.017 loss in FY 2022) Full year 2023 results: €0.14 loss per share (further deteriorated from €0.017 loss in FY 2022). Revenue: €229.5m (down 34% from FY 2022). Net loss: €12.6m (loss widened €11.1m from FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Software industry in Germany. Aankondiging • Nov 13
Quickbit Appoints Elvira Vänerfors as Head of Compliance Quickbit announced the strengthening of Group Management. Elvira Vänerfors, formerly Senior Compliance Officer & Group MLRO at Quickbit, will take up a new role as Head of Compliance and become part of the management team. Since June 2021, Elvira has been a major contributing factor to Quickbit's success within the Legal & Compliance team. Among other things, Elvira has worked on making Quickbit's in-house products ready for the market. Within the scrope of the reorganization and the preparations to launch new products, Quickbit has undergone changes, which have placed new demands on management, regulations and processes. Since spring 2023, Elvira has been a driving and leading factor in Quickbit's work with this. Elvira is thus a key employee in Quickbit's new organization, which is also referred to as Quickbit 2.0. Elvira works, among other things, with licences in the markets where Quickbit has operations, preparatory work for the upcoming EU harmonized MiCA regulation (Markets in Crypto Assets), and is responsible for Quickbit's work to counter money laundering and terrorist financing in the in-house developed products. Elvira has a law degree from Stockholm University and came to Quickbit from Telia Company where she worked as Group Ethics & Compliance Officer. The Group Management now consists of Daniel Sonesson, CEO, Daniel Boettge, CFO, Martin Samuelsson, CPO, Jesper Sundström, Head of Growth and Elvira Vänerfors, Head of Compliance. Aankondiging • Oct 11
Quickbit Eu AB (Publ) Announces Executive Changes Quickbit announced that it is strengthening the business by hiring the technically experienced Wilhelm Eklund as Tech Lead. At the same time, Martin Samuelsson is promoted from Head of Product and Tech to Chief Product Officer. Wilhelm Eklund has extensive experience in tech and business development. Among other things, he has worked with developing and realizing scalability on technical platforms. It includes positions as Scrum Master at Barnebys and Quinyx as well as full-stack developer at Klarna and Aftonbladet. Wilhelm is now employed as Tech Lead at Quickbit, with responsibility for driving the technical development and enabling the great potential that exists in Quickbit's platform. At the same time, Martin Samuelsson moves from Head of Product and Tech to Chief Product Officer, which means that he gets the opportunity to focus on strategically driving Quickbit's products to the next stage so that Quickbit can continue to expand internationally. Aankondiging • Aug 23
Quickbit Launches Web App and Chrome Extension Quickbit announced the launch of Quickbit App as a Web App and Chrome extension ("Add-On"). This means that Quickbit App's payment function becomes available in the browser and through a Chrome extension, which enables logging into a Quickbit account directly in the browser. The development of a Web App and Chrome extension is an important step in Quickbit's continued journey. This means an expansion of the existing ecosystem of products and services, while also preparing Quickbit for a larger expansion of its user base. Currently, Quickbit is preparing to take the step into completely new markets, and this is part of getting an increased reach and faster spread. The Quickbit Web App enables users of the Quickbit App to log into their account directly in the browser and perform most of the services possible in the app. Total functional parity between the client apps and the Web App has a longer road map, but is still a goal. Through Quickbit's new Chrome extension, Quickbit enables its users to have the Web App integrated and available in the browser for internet purchases directly at the time of purchase. It increases the conditions for a wider use of Quickbit's payment services, while at the same time simplifying the payment experience for Quickbit's users. In addition to that, Quickbit gains greater exposure by being visible in the Chrome Web Store and becomes more accessible, enabling more downloads and simplifying the onboarding of new users. Quickbit also intends to build support for an Ethereum wallet that will provide access to Web3 technologies such as DeFi and NFT. Together with the new platforms, Quickbit strengthens the offering towards the crypto segment and expands accessibility towards an even wider market. New Risk • Aug 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.14m (US$10.00m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Market cap is less than US$10m (€9.14m market cap, or US$10.00m). Reported Earnings • Jul 20
Full year 2023 earnings released: €0.14 loss per share (vs €0.017 loss in FY 2022) Full year 2023 results: €0.14 loss per share (further deteriorated from €0.017 loss in FY 2022). Revenue: €230.2m (down 34% from FY 2022). Net loss: €12.6m (loss widened €11.1m from FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Software industry in Germany. New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.14m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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). Market cap is less than US$10m (€9.14m market cap, or US$9.93m). Aankondiging • Jun 29
Quickbit Announces That Quickbit's In-House Developed B2B Product Quickbit Pay Is Launched and Live Quickbit announced that Quickbit's in-house developed B2B product Quickbit Pay is launched and live. Quickbit Pay has received very positive reactions from potential customers and there is a lot of interest in the market for the payment solution. Quickbit has for a period worked hard to develop and complete its in-house developed B2b product Quickbit Pay. Now the product is live and has received very positive reactions from potentially customers. Quickbit Pay is a unique high-quality crypto payment solution with the functions of being able to both take payments via the Quickbit App and external crypto wallets while achieving more secure transactions. Quickbit has so far seen great interest in the product and sees a high growth potential in a wide range of different customers globally. With the launch of Quickbit Pay, Quickbit sees opportunities for both better customer relations and stronger market contact. Quickbit will also be able to strengthen its existing margins and improve profitability in the long term. Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Elena Kontou is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 23
Quickbieu AB (Publ), Appoints Peter Liljeroos as Chairman of the Board Quickbieu AB B (publ), held its Extra General Meeting 22 May 2023 approved to elect Peter Liljeroos as chairman of the board for the time until the end of the next annual general meeting. Reported Earnings • Apr 30
Third quarter 2023 earnings released: €0.041 loss per share (vs €0.001 loss in 3Q 2022) Third quarter 2023 results: €0.041 loss per share (further deteriorated from €0.001 loss in 3Q 2022). Revenue: €59.5m (down 35% from 3Q 2022). Net loss: €3.60m (loss widened €3.50m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Germany. Aankondiging • Feb 10
Quickbit Eu AB (Publ) Announces Acting CEO Changes QuickBit eu AB (publ)'s Board of Directors and Anders Jonson have agreed to change the acting CEO for Quickbit. The board has appointed Daniel Sonesson as acting CEO. Anders Jonson leaves Quickbit and his role as acting CEO and Chief Operating Officer. During the notice period, Anders Jonson will be available to the new acting CEO and the board to ensure that the transition is as smooth as possible. The board is grateful that Anders Jonson has managed the business during a busy time and secured important components for the company. Anders Jonson stepped into his CEO role when the previous CEO resigned and has assumed this role in a responsible and loyal manner. However, the board's assessment is that Quickbit's continued journey of change requires an even more experienced tech CEO, and here Daniel Sonesson is a strong choice. The company's process to recruit a new permanent CEO and president of the Quickbit Group continues. Reported Earnings • Feb 09
Second quarter 2023 earnings released: €0.014 loss per share (vs €0.011 loss in 2Q 2022) Second quarter 2023 results: €0.014 loss per share (further deteriorated from €0.011 loss in 2Q 2022). Revenue: €81.7m (down 7.4% from 2Q 2022). Net loss: €1.20m (loss widened 20% from 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Aankondiging • Feb 07
Quickbit Announces Management Changes Quickbit announced two changes in the Group Management team. Jesper Sundström, previously Business Development Director at Quickbit, will enter a new role as Head of Growth and join the Group Management team. At the same time, Chief Legal & Compliance Officer since 2020, Johan Björklund, has decided to leave Quickbit to take on new challenges. After March 31, 2023, Johan will transition to an advisory role and his last day is June 30, 2023. Quickbit has started a recruitment process to appoint a new Head of Legal & Compliance. Jesper has been employed by Quickibit since August 2021 and has an Masters degree in Strategic Development from Lunds University. Previously he has worked at EY as a Management Consultant. Aankondiging • Feb 02
QuickBit eu AB (publ) to Report Q2, 2023 Results on Feb 08, 2023 QuickBit eu AB (publ) announced that they will report Q2, 2023 results at 8:00 AM, Central European Standard Time on Feb 08, 2023 Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Jan Frykhammar is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Jul 22
Full year 2022 earnings released: €0.017 loss per share (vs €0.008 profit in FY 2021) Full year 2022 results: €0.017 loss per share (down from €0.008 profit in FY 2021). Revenue: €348.8m (up 38% from FY 2021). Net loss: €1.50m (down 300% from profit in FY 2021). Over the next year, revenue is forecast to grow 39%, compared to a 8.6% growth forecast for the industry in Germany. Reported Earnings • May 17
Third quarter 2022 earnings released: €0.001 loss per share (vs €0.01 profit in 3Q 2021) Third quarter 2022 results: €0.001 loss per share (down from €0.01 profit in 3Q 2021). Revenue: €92.1m (up 1.0% from 3Q 2021). Net loss: €100.0k (down 111% from profit in 3Q 2021). Over the next year, revenue is forecast to grow 40%, compared to a 13% growth forecast for the industry in Germany. Board Change • Apr 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Jan Frykhammar is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Buying Opportunity • Feb 15
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. The company became loss making over the last year. Reported Earnings • Feb 12
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: €0.011 loss per share (down from €0.003 loss in 2Q 2021). Revenue: €88.2m (up 296% from 2Q 2021). Net loss: €1.00m (loss widened 400% from 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 39%, compared to a 14% growth forecast for the industry in Germany. Reported Earnings • Nov 13
First quarter 2022 earnings released: kr0.005 loss per share (vs kr0.11 profit in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: kr97.3m (down 83% from 1Q 2021). Net loss: kr400.0k (down 106% from profit in 1Q 2021). Reported Earnings • Aug 12
Full year 2021 earnings released: EPS kr0.09 (vs kr1.29 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: kr2.57b (down 44% from FY 2020). Net income: kr7.60m (down 91% from FY 2020). Profit margin: 0.3% (down from 1.8% in FY 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 16% share price gain to kr1.02, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 40x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 18% share price gain to kr1.08, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 42x in the Software industry in Germany.