Declared Dividend • May 21
Dividend of kr0.60 announced Shareholders will receive a dividend of kr0.60. Ex-date: 12th November 2026 Payment date: 18th November 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 14
Micro Systemation AB (Publ) Approves Dividend, Payable on May 20, 2026 and November 18, 2026 The Annual General Meeting of Micro Systemation AB (publ) resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 1.60 per share, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date Friday 15 May 2026, and a second payment of SEK 0.60 per share with the record date Friday 13 November 2026. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on Wednesday 20 May 2026, and SEK 0.60 per share on Wednesday 18 November 2026. Upcoming Dividend • May 06
Upcoming dividend of kr1.00 per share Eligible shareholders must have bought the stock before 13 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (2.8%). Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: kr2.66 (vs kr2.03 in FY 2024) Full year 2025 results: EPS: kr2.66 (up from kr2.03 in FY 2024). Revenue: kr461.8m (up 14% from FY 2024). Net income: kr49.2m (up 32% from FY 2024). Profit margin: 11% (up from 9.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in the United Kingdom. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr74.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Software industry in the United Kingdom. Total returns to shareholders of 63% over the past year. Declared Dividend • Apr 09
Final dividend of kr1.00 announced Shareholders will receive a dividend of kr1.00. Ex-date: 13th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 119% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 07
Micro Systemation AB (Publ) Announces Andreas Hedskog Declines Re-Election as Board Member Micro Systemation AB (publ) announced that Andreas Hedskog has declined re-election as board member. Board Change • Mar 06
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Reported Earnings • Jan 29
Full year 2025 earnings released: EPS: kr2.66 (vs kr2.03 in FY 2024) Full year 2025 results: EPS: kr2.66 (up from kr2.03 in FY 2024). Revenue: kr461.8m (up 14% from FY 2024). Net income: kr49.2m (up 32% from FY 2024). Profit margin: 11% (up from 9.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Software industry in the United Kingdom. Aankondiging • Jan 27
MSAB Proposes Dividend for the Year from January to December 2025 MSAB announced the Board of Directors proposed a total dividend of SEK 1.60 (1.50) per share for the Year from January to December 2025, distributed in two payments. The proposed dividend represents 60 per cent (74) of profit for the year. Board Change • Jan 22
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Aankondiging • Jan 16
MSAB Announces Executive Changes MSAB announced the appointment of Mårten Blixt as its new Chief Revenue Officer (CRO), effective February 2, 2026. Mårten Blixt joins MSAB with over 20 years' leadership experience and proven success in driving transformation and scaling revenue organizations in B2B and B2G SaaS. He comes most recently from a role as Chief Commercial Officer at Net Insight, where he led the transformation toward software-led growth, delivering 15 consecutive quarters of revenue growth and a sustainable EBITDA turnaround. Mike Dickinson, who has been CRO at MSAB for the past 3 years and has held several other management roles at MSAB since 2009, has decided to move into phased retirement. Mike Dickinson will continue to support MSAB management in a strategic advisory capacity. Mike Dickinson has been with MSAB for 18 years. Board Change • Jan 05
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Aankondiging • Dec 20
Micro Systemation AB (publ), Annual General Meeting, May 12, 2026 Micro Systemation AB (publ), Annual General Meeting, May 12, 2026. Location: stockholm Sweden Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: kr1.90 (vs kr1.27 in 3Q 2024) Third quarter 2025 results: EPS: kr1.90 (up from kr1.27 in 3Q 2024). Revenue: kr146.6m (up 27% from 3Q 2024). Net income: kr35.1m (up 49% from 3Q 2024). Profit margin: 24% (up from 20% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in the United Kingdom. Board Change • Oct 28
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Board Change • Aug 29
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Board Change • Aug 12
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Reported Earnings • Jul 19
Second quarter 2025 earnings released: kr0.78 loss per share (vs kr0.15 loss in 2Q 2024) Second quarter 2025 results: kr0.78 loss per share (further deteriorated from kr0.15 loss in 2Q 2024). Revenue: kr80.5m (up 1.8% from 2Q 2024). Net loss: kr14.4m (loss widened 414% from 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in the United Kingdom. Aankondiging • Jul 04
Micro Systemation AB (Publ) Appoints Caroline Palm as Chief Human Resources Officer, Effective October 6, 2025 Micro Systemation AB (publ) announces the appointment of Caroline Palm as its new Chief Human Resources Officer (CHRO), effective October 6th, 2025. Caroline Palm joins MSAB with over 15 years of experience as a business-driven HR leader in international environments across several industry segments. Most recently, she served in a consultancy role, advising organisations on HR transformation initiatives to build global, data-driven capabilities. Her previous roles include senior leadership positions at Voi Technology AB, Leo Vegas Group AB and Serendipity AB. Board Change • Jul 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson 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 board continuity. Lack of experienced directors. Aankondiging • Jun 26
Micro Systemation AB (Publ) Announces Chief Technical Officer Changes Micro Systemation AB (publ) announced the appointment of Anders Jonson as its new Chief Technical Officer (CTO), effective September 15th, 2025. Anders Jonson joins MSAB with a strong engineering and leadership background spanning start-ups to established listed companies in the IT Security, Fintech, and Life Science sectors. He comes most recently from Bergenstråhle & Partners, who help companies drive and execute measurable innovation. Anders has also held a number of CTO and leadership positions at Needify, Blockchain Voucher (BCV), Quickbit AB, HiQ Healthcare and Cybercom Group. He also has experience from the Swedish Security Service (SÄPO), where he worked with technology in security-critical environments. Elis Kulberg who has been acting CTO at MSAB for 15 months will complete his assignment at MSAB on October 15th. Declared Dividend • May 22
Dividend of kr0.50 announced Shareholders will receive a dividend of kr0.50. Ex-date: 13th November 2025 Payment date: 19th November 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (151% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 15
Micro Systemation AB (Publ) Approves Ordinary Dividend, Payable on 21 May 2025 and 19 November 2025 Respectively Micro Systemation AB (publ) in its Annual General Meeting resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 1.50 per share, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date 16 May 2025, and a second payment of SEK 0.50 per share with the record date 14 November 2025. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on 21 May 2025, and SEK 0.50 per share on 19 November 2025. Upcoming Dividend • May 08
Upcoming dividend of kr1.00 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (1.8%). Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: kr2.03 (vs kr1.62 in FY 2023) Full year 2024 results: EPS: kr2.03 (up from kr1.62 in FY 2023). Revenue: kr404.7m (down 2.9% from FY 2023). Net income: kr37.4m (up 25% from FY 2023). Profit margin: 9.2% (up from 7.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 11
Final dividend of kr1.00 announced Dividend of kr1.00 is the same as last year. Ex-date: 15th May 2025 Payment date: 21st May 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 09
Micro Systemation AB (Publ) Proposes Dividend for the Year 2024, Payable on 21 May 2025, and 19 November 2025 Micro Systemation AB (publ) at its Annual General Meeting to be held on 14 May 2025 proposes that a dividend of SEK 1.50 per share shall be distributed for the financial year 2024, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date Friday 16 May 2025, and a second payment of SEK 0.50 per share with the record date Friday 14 November 2025. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on Wednesday 21 May 2025, and SEK 0.50 per share on Wednesday 19 November 2025. Board Change • Mar 25
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. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
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. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 08
Independent Chairman of the Board recently bought kr102k worth of stock On the 3rd of February, Jesper Kärrbrink bought around 2k shares on-market at roughly kr54.70 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jesper has been a buyer over the last 12 months, purchasing a net total of kr202k worth in shares. Reported Earnings • Jan 29
Full year 2024 earnings released: EPS: kr2.03 (vs kr1.62 in FY 2023) Full year 2024 results: EPS: kr2.03 (up from kr1.62 in FY 2023). Revenue: kr404.7m (down 2.9% from FY 2023). Net income: kr37.4m (up 25% from FY 2023). Profit margin: 9.2% (up from 7.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Software industry in the United Kingdom. Aankondiging • Jan 29
Micro Systemation AB (publ), Annual General Meeting, May 14, 2025 Micro Systemation AB (publ), Annual General Meeting, May 14, 2025. Board Change • Jan 09
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. 1 experienced director. No highly experienced directors. Independent Director Fredrik Nilsson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 07
Micro Systemation AB Announces the Appointment of Tomas Taesler as New Chief Product Officer Micro Systemation AB announced the appointment of Tomas Taesler as its new Chief Product Officer (CPO), effective January 13th, 2025. Tomas joins MSAB with over 20 years’ leadership experience in software product management, customer service operations and program management at companies such as Tieto Evry, Telia Company, "3" and Framtidsfabriken. He comes most recently from a role as Director of Product Management at Calabrio Inc., an American company delivering technologies for contact centers. Aankondiging • Aug 01
Micro Systemation AB (Publ) Appoints Peter Gille as Permanent CEO The Board of Directors of Micro Systemation AB (publ) has appointed Peter Gille as the permanent CEO of MSAB. Peter Gille has been acting CEO of MSAB since June this year. Before becoming acting CEO in June 2024, Peter Gille was a member of the Board of Directors of MSAB since 2020 and Chairman of the Board since 2023. He has extensive experience in leading technology organizations and has been CEO of Cambio and Nexus Technology, among others, he also has extensive experience from leading positions at Oracle. Aankondiging • Apr 11
Micro Systemation AB (Publ) Proposes a Dividend for the Year 2023, Payable on 21 May 2024, and 20 November 2024 Micro Systemation AB (publ) at the AGM on May 14, 2024, the shareholders proposed that a dividend of SEK 1.50 per share shall be distributed for the financial year 2023, to be paid through two partial payments. A first payment of SEK 1.00 per share with the record date of 16 May 2024, and a second payment of SEK 0.50 per share with the record date of 15 November 2024. Assuming these dates will be the record dates, Euroclear Sweden AB is expected to disburse SEK 1.00 per share on 21 May 2024, and SEK 0.50 per share on 20 November 2024. Board Change • Mar 14
High number of new and inexperienced directors There 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 Peter Gille is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 23
High number of new and inexperienced directors There 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 Peter Gille is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 10
Micro Systemation AB (Publ) Announces Board Appointment Micro Systemation AB (publ) Annual General Meeting, MSAB´s Nomination Committee shall consist of three members. The members should be one representative of each of the three largest shareholders in terms of voting rights that wish to participate in the committee. Furthermore, if necessary, MSAB´s Chairperson of the MSAB board shall be co-opted at the meetings of the Nomination Committee. This year’s Nomination Committee consists of the following members: Erik Ivarsson (AB Grenspecialisten), Christian Hellman (Edastra AB), David Zaudy (Cervantes Capital AB), Erik Ivarsson has been appointed Chairperson of the Nomination Committee. Alcur Fonder, which was MSAB's third largest shareholder as of the end of the third quarter, has, in line with the nomination committee instructions, chosen to hand over its seat on the nomination committee to MSAB's fourth largest shareholder, Cervantes Capital. Aankondiging • Sep 01
Micro Systemation AB (Publ) Appoints Peter Heuman as the New CEO, Effective on October 1, 2023 Micro Systemation AB (publ) has appointed Peter Heuman as the new CEO of MSAB, starting on October 1, 2023. Heuman replaces Mikael Falkovén, acting CEO since March 2023. Peter Heuman has a background as CEO of several Nordic listed companies and broad international experience from executive positions at Ericsson and Kinnevik, among others. Heuman has extensive experience in working with international and above all American authorities. He comes most recently from the CEO role in the Norwegian company Next Biometrics. Peter Heuman has a civil engineering degree from Chalmers University of Technology in Sweden and an executive education from Stanford in the USA. Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: kr0.16 (vs kr0.15 in 2Q 2022) Second quarter 2023 results: EPS: kr0.16 (up from kr0.15 in 2Q 2022). Revenue: kr104.7m (up 20% from 2Q 2022). Net income: kr2.90m (up 7.4% from 2Q 2022). Profit margin: 2.8% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in the United Kingdom. Board Change • Jul 08
High number of new and inexperienced directors There 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 Peter Gille is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Jun 30
MSAB Raises the Bar in Digital Forensics with BFU UNISOC Support and Exciting New Features MSAB unveils its highly anticipated second major release of the year, showcasing great improvements in digital forensic capabilities for law enforcement and government agencies worldwide. text-decoration:underlineXRY text-decoration: underline, the cornerstone of MSAB's product suite, has been upgraded with groundbreaking features. The highlight of this release is the introduction of broad support for UNISOC devices. The BFU support for UNISOC chipsets in XRY Pro, alongside a newly introduced distributed bruteforcer, represents major strides towards more effective and comprehensive digital investigations, opening new avenues for solving more cases. XRY also comes with added Dumpsys information for Android and improved handling of deleted messages in WhatsApp. Plus, its extraction and decoding capabilities now encompass an impressive range of over 44.700 devices and over 4400 app versions. Furthermore, the latest release brings noticeable enhancements to text-decoration:under lineXAMN text-decoration:underlines, MSAB's forensic analysis tool. This version boasts a simplified process for excluding system and application files, Gallery and Video viewing improvements, Relativity integration - all of which contribute to streamlining investigations and speeding up digital forensic analysis. Updates were brought to XEC, MSAB's management tool, allowing customers to manage their operations more productively and efficiently. In addition to these significant product advancements, MSAB has introduced a fresh and modern look across its entire product suite, with brand new colors and redesigned icons. Whether it's to investigate criminal activity, gather intelligence, combat corruption, or expose fraud, the MSAB toolkit provides secure end-to-end mobile forensics solutions that help prevent and solve crimes worldwide. Board Change • Jun 22
High number of new and inexperienced directors There 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 Peter Gille is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 01
High number of new and inexperienced directors There 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 Peter Gille is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • May 13
Micro Systemation AB (Publ) Approves Board Elections Micro Systemation AB (publ) announced at annual general meeting held on May 11, 2023, the shareholders elected, in accordance with the nomination committee's proposal, Andreas Hedskog, Jesper Kärrbrink and Charlotte Stjerngren as new members of the Board. Peter Gille was elected, in accordance with the nomination committee's proposal, as Chairman of the Board of Directors. Aankondiging • May 12
Micro Systemation AB (Publ) Approves Dividend for the Year 2022, Payable on May 18, 2023 and November 20, 2023 Micro Systemation AB (publ) at the Annual General Meeting held on May 11, 2023, resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 1.50 per share, to be paid through two partial payments. A first payment of SEK 1.00 per share and a second payment of SEK 0.50 per share. The record date for the right to receive the first payment was set to May 15, 2023 and the record date for the right to receive the second payment was set to November 15, 2023. The first payment is expected to be made on May 18, 2023 and the second payment is expected to be made on November 20, 2023. Board Change • May 11
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. 1 experienced director. No highly experienced directors. Independent Director Peter Gille is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 28
Micro Systemation AB (publ) Proposes Dividend for the Year 2022 The Board of Directors of Micro Systemation AB (publ) proposed a dividend of a total of SEK 1.50 (0) per share for the 2022 fiscal year, in total SEK 27,702,606 (0). The record date for the dividend will be communicated in conjuction with the notice to the Annual General Meeting. In the light of the positive cash flow during the year, the Board of Directors has decided to relaunch dividend for year 2022. Aankondiging • Jan 17
MSAB Announces the Appointment of Adam Firman as Tech Evangelist MSAB announced the appointment of Adam Firman as Tech Evangelist. With an impressive track record of working in Law Enforcement with multiple digital forensics solutions for 15 years and as a tech sales representative within MSAB for three years, Firman brings plenty of knowledge and experience to this role, says Joel Bollö, CEO of MSAB. In the role of Tech Evangelist, Firman will be MSAB's industry evangelist and thought leader. His extensive experience and knowledge in digital forensics will contribute to a greater awareness and knowledge for law enforcement agencies. Firman will ensure that customers' needs are incorporated into MSAB's forward-looking product strategy and thus further strengthen the company's position as a global leader in digital forensics. Stakeholders will now be provided with the latest digital forensics innovations through podcasts, blogs, tweets, guides, reports, and speaker sessions at major global events, and more. Prior to joining MSAB in 2019, Firman was a police officer for 15 years with Suffolk Constabulary whereby he served in the joint Digital Forensic Unit (DFU) as a Digital Forensic Analyst. During his time working in Law Enforcement Firman supported Frontline personnel, Forensic Specialists, Digital Investigators, Criminal Intelligence Analysts, and the DFU by creating automation scripts to help expedite digital investigations. At the DFU, the team successfully solved hundreds of crimes ranging from CSAM (child sexual abuse materials), hacking, crypto currency, fraud, and many other crime types. Firman has sound experience of ISO 17025 industry standards and has been a certified trainer since 2014. Firman has also presented frequently at global industry events on Digital Forensic issues, Mobile Application Parsing, Drug offences and child sexual exploitation cases and has given evidence at some of the UK’s high-profile courts as an expert witness. Aankondiging • Nov 24
Micro Systemation AB (publ) to Report Q3, 2022 Results on Oct 26, 2023 Micro Systemation AB (publ) announced that they will report Q3, 2022 results at 9:00 AM, Central European Standard Time on Oct 26, 2023 Board Change • Jun 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Peter Gille is the most experienced director on the board, commencing their role in 2020. 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 • Apr 28
Full year 2021 earnings released: EPS: kr1.89 (vs kr0.88 in FY 2020) Full year 2021 results: EPS: kr1.89 (up from kr0.88 in FY 2020). Revenue: kr333.0m (up 7.4% from FY 2020). Net income: kr34.8m (up 114% from FY 2020). Profit margin: 11% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 28% growth forecast for the industry in the United Kingdom. Aankondiging • Apr 06
Micro Systemation AB (publ) Updates Mobile Forensics Solutions Come with A Range of New and Improved Capabilities Micro Systemation AB (publ) announced the first major release for 2022. The updated mobile forensics solutions come with a range of new and improved capabilities designed to help forensic specialists and digital investigators to accelerate their investigative efforts and solve cases faster combined with full support for windows 11. The updated mobile forensics solution for digital data extraction, XRY, comes with a secure file format, now supporting over 39,300 device profiles. Company enable forensic specialists access to the increased amount of data, even from the latest mobile devices. Additionally, XAMN, forensic analysis tool, gives investigators a complete crime to court-solution allowing them to present their findings with confidence. The MSAB mobile forensics extraction solution, XRY, improves the chain of custody with the next level of secure XRY file format. The upgraded security framework will enable law enforcement agencies to show that they are taking all reasonable technological steps when conducting criminal investigations. Aankondiging • Mar 03
Micro Systemation AB (publ) to Report Q3, 2022 Results on Oct 26, 2022 Micro Systemation AB (publ) announced that they will report Q3, 2022 results on Oct 26, 2022 Aankondiging • Feb 19
Micro Systemation AB (Publ) Announces Not to Stand Re-Election of Jan-Olof Backman as Independent Director Micro Systemation AB (publ) announced that Jan-Olof Backman does not stand for re-election of independent director. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 42% share price gain to kr50.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 33x in the Software industry in the United Kingdom. Aankondiging • Jan 18
Micro Systemation AB (Publ) Provides Sales and Operating Guidance for the Fourth Quarter 2021 Micro Systemation AB (publ) provided sales and operating guidance for the fourth quarter 2021. For the quarter, the company expected Net sales to amount to approximately SEK 108 million, which corresponds to a growth of 62% compared with the fourth quarter of 2020. The operating profit which has not yet been finally determined, is estimated to amount to approximately SEK 16 million, corresponding to approximately 15% in operating margin, compared with loss of SEK 4 million for the fourth quarter of last year. This corresponds to an increase in operating profit of approximately 505%. Aankondiging • Dec 15
MSAB Offers A Truly Secure End to End Mobile Forensics Solutions on the Market MSAB announced the fourth major release for 2021. Together these updates create a complete security and integrity focused ecosystem. "MSAB offers a truly secure end to end mobile forensics solutions on the market to prevent and solve crimes around the world. The updated mobile forensics solution for digital data extraction, XRY, comes with a secure file format, now supporting over 39,300 device profiles. It enable forensic specialists access to the increased amount of data, even from the latest mobile devices. Additionally, XAMN, its forensic analysis tool, gives investigators a complete crime to court-solution allowing them to present their findings with confidence. The MSAB mobile forensics extraction solution, XRY, improves the chain of custody with the next level of secure XRY file format. The upgraded security framework will enable law enforcement agencies to show that they are taking all reasonable technological steps when conducting criminal investigations. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr37.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 37x in the Software industry in the United Kingdom. Board Change • Dec 03
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Director Jan-Olof Backman is the most experienced director on the board, commencing their role in 2002. 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 • Oct 29
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr89.6m (down 4.0% from 3Q 2020). Net income: kr18.6m (down 13% from 3Q 2020). Profit margin: 21% (down from 23% in 3Q 2020). The decrease in margin was driven by lower revenue. Board Change • Oct 14
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Director Jan-Olof Backman is the most experienced director on the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Director Jan-Olof Backman is the most experienced director on the board, commencing their role in 2002. 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 • Jul 27
Second quarter 2021 earnings released: kr0.16 loss per share (vs kr0.56 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr64.6m (down 23% from 2Q 2020). Net loss: kr2.90m (down 128% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 23
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr64.6m (down 23% from 2Q 2020). Net loss: kr2.90m (down 128% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorated over the past week After last week's 19% share price decline to kr52.40, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 38x in the Software industry in the United Kingdom. Total loss to shareholders of 29% over the past three years. Aankondiging • Jun 18
Micro Systemation AB (publ) Launches New Rapid Triage Extraction Solution for Immediate Actionable Intel in the Field Micro Systemation AB (publ) announced the launch of Raven, an innovative solution for immediate digital evidence acquisition and analysis at scene level via smartphone app. Raven is a collection of applications (apps) that run on Android OS devices including mobile phones and tablets. Built on top of the latest Android operating system as a collection of applications and compatible hardware, Raven allows a user to take advantage of a standard Android device’s capabilities and enhance them with advanced forensic data collection capabilities, simply by downloading all or selected Raven apps. The Raven app suite consists of: MobEX (mobile device extraction); SIMEX (SIM card extraction); FlashEX (Flash media extraction); and DronEX (Drone device extraction). Plus, the ODIN analysis app allows users to quickly view the extracted results, check watch lists, find the most recent location data, and more. Executive Departure • May 22
Independent Director has left the company On the 11th of May, Carl Bildt's tenure as Independent Director ended after 5.0 years in the role. We don't have any record of a personal shareholding under Carl's name. A total of 3 executives have left over the last 12 months.