Aankondiging • Jun 18
Huddly C1 Integrates Ai-Powered Intelliframe to Enhance Microsoft Teams Meeting Context At InfoComm, announced support for enhanced IntelliFrame features on Huddly C1, bringing new AI-powered experiences like IntelliFrame people labels to Microsoft Teams meeting rooms. Meeting rooms are full of information about people, activity, and interactions, but until now, much of that context has remained invisible to the collaboration platform. That's why meeting transcripts, recaps, and AI-generated summaries often lack important context. Huddly's AI-native audio-video devices are designed to capture that missing context, building a structured model of the room that captures who is present, who is speaking, who is being addressed, where people are located, and how they interact. Now, with support for next generation IntelliFrame on Huddly C1, that understanding can be shared with Microsoft Teams through a dedicated AI data channel. New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr927.9m (US$98.3m) This is considered a minor 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 Risk Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (kr927.9m market cap, or US$98.3m). Reported Earnings • May 11
First quarter 2026 earnings released: kr1.53 loss per share (vs kr2.89 loss in 1Q 2025) First quarter 2026 results: kr1.53 loss per share (improved from kr2.89 loss in 1Q 2025). Revenue: kr48.5m (up 7.1% from 1Q 2025). Net loss: kr42.5m (loss narrowed 21% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Aankondiging • Mar 27
Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 11 million. Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 11 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 550,000
Price\Range: NOK 20
Transaction Features: Regulation S; Rights Offering Reported Earnings • Feb 25
Full year 2025 earnings released: kr6.37 loss per share (vs kr30.29 loss in FY 2024) Full year 2025 results: kr6.37 loss per share (improved from kr30.29 loss in FY 2024). Revenue: kr211.3m (up 42% from FY 2024). Net loss: kr141.6m (loss narrowed 18% from FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 11% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr360.6m market cap, or US$36.5m). Aankondiging • Jan 17
Huddly as Provides Earnings Guidance for the Year 2025 Huddly AS provided earnings guidance for the year 2025. The company estimated a revenue for 2025 in the range of NOK 210 million to NOK 215 million. Recent Insider Transactions • Nov 28
Chair of the Board recently bought kr104k worth of stock On the 21st of November, Jon Eriksen bought around 9k shares on-market at roughly kr11.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr140k. Jon has been a buyer over the last 12 months, purchasing a net total of kr388k worth in shares. Recent Insider Transactions • Nov 12
Chair of the Board recently bought kr140k worth of stock On the 6th of November, Jon Eriksen bought around 13k shares on-market at roughly kr11.16 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jon has been a buyer over the last 12 months, purchasing a net total of kr252k worth in shares. Reported Earnings • Nov 09
Third quarter 2025 earnings released: kr1.75 loss per share (vs kr9.00 loss in 3Q 2024) Third quarter 2025 results: kr1.75 loss per share (improved from kr9.00 loss in 3Q 2024). Revenue: kr45.1m (up 75% from 3Q 2024). Net loss: kr38.9m (loss narrowed 21% from 3Q 2024). Aankondiging • Oct 12
Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 7.670949 million. Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 7.670949 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 697,359
Price\Range: NOK 11
Transaction Features: Rights Offering Aankondiging • Aug 23
Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 60.791984 million. Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 60.791984 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,526,544
Price\Range: NOK 11
Transaction Features: Regulation S; Subsequent Direct Listing Reported Earnings • Aug 22
Second quarter 2025 earnings released: kr0.97 loss per share (vs kr10.20 loss in 2Q 2024) Second quarter 2025 results: kr0.97 loss per share (improved from kr10.20 loss in 2Q 2024). Revenue: kr56.7m (up 45% from 2Q 2024). Net loss: kr20.2m (loss narrowed 63% from 2Q 2024). Aankondiging • Aug 22
Huddly AS has filed a Follow-on Equity Offering in the amount of NOK 74.999991 million. Huddly AS has filed a Follow-on Equity Offering in the amount of NOK 74.999991 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,818,181
Price\Range: NOK 11
Transaction Features: Regulation S; Subsequent Direct Listing Reported Earnings • May 16
First quarter 2025 earnings released: kr2.89 loss per share (vs kr8.00 loss in 1Q 2024) First quarter 2025 results: kr2.89 loss per share. Revenue: kr45.3m (up 37% from 1Q 2024). Net loss: kr54.0m (loss widened 31% from 1Q 2024). Aankondiging • Apr 23
Huddly AS - Huddly Introduces New AI-Driven Videobar in European Roadshow with Lenovo and Microsoft Huddly is unveiling its new AI-driven videobar at the EMEA Roadshow, giving customers and partners an exclusive first look ahead of the global launch at InfoComm in the US in June. In cooperation with Lenovo and Microsoft, the roadshow highlights how AI is transforming hybrid collaboration—from smart scheduling, transcription and room insights to intelligent video and audio. Attendees will experience the latest Microsoft Teams Rooms solutions powered by Lenovo ThinkSmart™ and Huddly AI devices, built to meet the demands of modern hybrid workspaces. Reported Earnings • Feb 20
Full year 2024 earnings released: kr0.30 loss per share (vs kr54.82 loss in FY 2023) Full year 2024 results: kr0.30 loss per share. Revenue: kr148.8m (down 29% from FY 2023). Net loss: kr172.2m (loss widened 38% from FY 2023). New Risk • Jan 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr4.14m (US$365.8k) 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 (22% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (289% increase in shares outstanding). Market cap is less than US$10m (kr4.14m market cap, or US$365.8k). Aankondiging • Jan 23
Huddly AS Approves Board Elections Huddly AS at its extraordinary general meeting held on 22 January 2025, elected Jon Øyvind Eriksen as the new chair of the board with a service period until October 2025. Jostein Devold is elected as a board member with a service period until October 2025. Bente Sollid is elected as a new board member with a service period until the annual general meeting in 2026. Anika Jovik is elected as a new board member with a service period until the annual general meeting in 2026. Michael Brandofino is elected as a new board observer with a service period until the annual general meeting in 2026. Following the election, the Board consists of: Jon Øyvind Eriksen (Chair of the Board), Jostein Devold (Board member), Kristian Kolberg (Board member), Bente Sollid (Board member), Anika Jovik (Board member), Michael Brandofino (Board observer) and Stein Ove Eriksen (Board observer). New Risk • Jan 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 289% 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 (19% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (289% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr421.1m market cap, or US$37.0m). New Risk • Dec 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr105.9m (US$9.53m) 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 Less than 1 year of cash runway based on free cash flow trend (-kr171m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (kr105.9m market cap, or US$9.53m). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). Reported Earnings • Dec 07
Third quarter 2024 earnings released: kr0.09 loss per share (vs kr0.15 loss in 3Q 2023) Third quarter 2024 results: kr0.09 loss per share. Revenue: kr25.8m (down 56% from 3Q 2023). Net loss: kr49.4m (loss widened 56% from 3Q 2023). Aankondiging • Oct 30
Huddly AS, Annual General Meeting, May 20, 2025 Huddly AS, Annual General Meeting, May 20, 2025. Reported Earnings • Aug 23
Second quarter 2024 earnings released: kr0.10 loss per share (vs kr0.11 loss in 2Q 2023) Second quarter 2024 results: kr0.10 loss per share. Revenue: kr39.1m (down 32% from 2Q 2023). Net loss: kr54.0m (loss widened 135% from 2Q 2023). Aankondiging • Aug 15
Huddly as Appoints Jon Øyvind Eriksen as New Board Member Huddly AS at its extraordinary general meeting held on August 15,2024, elects Jon Øyvind Eriksen as new board member. Following the election, the Board consists of: Jostein Devold (chair of the Board); Kristian Kolberg; Michael A. Brandofino; and Jon Øyvind Eriksen. Aankondiging • Jul 22
Huddly AS Terminates Graham Williams as CEO Huddly AS would like to make a correction to the announcement made on 3 July 2024, where it was expressed that Graham Williams had agreed with the Board of Directors to step down effective from that day. Due to strategic disagreements between the Board of Directors and Williams, Williams' consultancy agreement as the CEO of Huddly AS was terminated by the Board of Directors on 3 July 2024, effective immediately. Subsequently, Williams has agreed with the Board to assist onboarding the new CEO through to the end of 2024. New Risk • May 27
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -kr160m This is considered a minor 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (152% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr160m). Market cap is less than US$100m (kr270.8m market cap, or US$25.6m). Reported Earnings • Apr 21
Full year 2023 earnings released: kr0.55 loss per share (vs kr0.20 loss in FY 2022) Full year 2023 results: kr0.55 loss per share (further deteriorated from kr0.20 loss in FY 2022). Revenue: kr210.7m (down 53% from FY 2022). Net loss: kr125.1m (loss widened 201% from FY 2022). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.55 loss per share (vs kr0.20 loss in FY 2022) Full year 2023 results: kr0.55 loss per share (further deteriorated from kr0.20 loss in FY 2022). Revenue: kr210.7m (down 53% from FY 2022). Net loss: kr125.1m (loss widened 201% from FY 2022). Aankondiging • Jan 26
Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 30 million. Huddly AS has completed a Follow-on Equity Offering in the amount of NOK 30 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: NOK 0.5
Transaction Features: Rights Offering New Risk • Dec 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 123% 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 (23% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr230.3m market cap, or US$21.1m). New Risk • Dec 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr105.9m (US$9.70m) 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). Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (kr105.9m market cap, or US$9.70m). Reported Earnings • Nov 12
Third quarter 2023 earnings released: kr0.15 loss per share (vs kr0.03 loss in 3Q 2022) Third quarter 2023 results: kr0.15 loss per share (further deteriorated from kr0.03 loss in 3Q 2022). Revenue: kr58.1m (down 51% from 3Q 2022). Net loss: kr31.7m (loss widened 362% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Sep 20
Insider recently bought kr97k worth of stock On the 15th of September, Aslak Schia bought around 90k shares on-market at roughly kr1.08 per share. This transaction increased Aslak's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr619k more in shares than they have sold in the last 12 months. New Risk • Sep 12
New major risk - Revenue and earnings growth Earnings have declined by 28% 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 (-kr181m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr219.5m market cap, or US$20.5m). Aankondiging • Aug 18
Huddly AS Provides Earnings Guidance for the Full Year of 2023 and 2024 Huddly AS provided earnings guidance for the full year of 2023 and 2024. For the year 2023, the company expects revenue to be in range of NOK 200-250 million. For the year 2024, the company expects to regain sales growth momentum. Reported Earnings • Aug 18
Second quarter 2023 earnings released: kr0.11 loss per share (vs kr0.005 loss in 2Q 2022) Second quarter 2023 results: kr0.11 loss per share (further deteriorated from kr0.005 loss in 2Q 2022). Revenue: kr57.2m (down 46% from 2Q 2022). Net loss: kr22.9m (loss widened kr21.9m 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 Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 28
Huddly AS Approves Board Appointments Huddly AS at its AGM held on 22 June 2023, approved the appointment of Michael Brandofino as board member and elected the previous CEO, Stein Ove Eriksen, as an observer of the Board for a period of two years. Aankondiging • Jun 23
Huddly AS Elects Michael Brandofino as Board Member Huddly AS announced that at its Annual General Meeting 2023, held on 22June 2023 elected Michael Brandofino as board member. Reported Earnings • May 12
First quarter 2023 earnings released: kr0.13 loss per share (vs kr0.05 loss in 1Q 2022) First quarter 2023 results: kr0.13 loss per share (further deteriorated from kr0.05 loss in 1Q 2022). Revenue: kr51.2m (down 55% from 1Q 2022). Net loss: kr28.2m (loss widened 146% from 1Q 2022). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 14
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: kr0.16 loss per share (improved from kr1.45 loss in FY 2021). Revenue: kr451.6m (up 34% from FY 2021). Net loss: kr35.8m (loss narrowed 89% from FY 2021). Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 27
Huddly as Announces CFO Changes Huddly AS announced that Chief Financial Officer Ragnar Kjos has informed the company that he has decided to step down. Kjos will remain CFO of the company until a replacement is found, and assist with the transition. Huddly will immediately initiate a search to recruit Kjos’ replacement. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Kristian Kolberg was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: kr0.03 loss per share (further deteriorated from kr0.008 loss in 3Q 2021). Revenue: kr117.9m (up 34% from 3Q 2021). Net loss: kr6.88m (loss widened 298% from 3Q 2021). Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 25
Chief Financial Officer recently bought kr238k worth of stock On the 23rd of August, Ragnar Kjos bought around 40k shares on-market at roughly kr5.95 per share. This was the largest purchase by an insider in the last 3 months. Ragnar has been a buyer over the last 12 months, purchasing a net total of kr490k worth in shares. Reported Earnings • Aug 19
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: kr0.006 loss per share (down from kr0.04 profit in 2Q 2021). Revenue: kr106.6m (up 67% from 2Q 2021). Net loss: kr1.06m (down 113% from profit in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 92%. Over the next year, revenue is forecast to grow 41%, compared to a 8.4% growth forecast for the Communications industry in Norway. Recent Insider Transactions • May 20
Chief Financial Officer recently bought kr252k worth of stock On the 16th of May, Ragnar Kjos bought around 40k shares on-market at roughly kr6.30 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr2.1m. This was Ragnar's only on-market trade for the last 12 months. Reported Earnings • May 14
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: kr0.05 loss per share (up from kr1.19 loss in 1Q 2021). Revenue: kr114.1m (up 36% from 1Q 2021). Net loss: kr11.5m (loss narrowed 96% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 49%, compared to a 7.0% growth forecast for the industry in Norway. Price Target Changed • Apr 27
Price target decreased to kr13.50 Down from kr15.00, the current price target is provided by 1 analyst. New target price is 111% above last closing price of kr6.40. Stock is down 56% over the past year. The company is forecast to post earnings per share of kr0.24 next year compared to a net loss per share of kr1.45 last year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Kristian Kolberg was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.