Recent Insider Transactions • Mar 08
Director recently sold kr20m worth of stock On the 4th of March, Stefan Rossi sold around 1m shares on-market at roughly kr20.00 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 21
Full year 2025 earnings released: kr2.00 loss per share (vs kr2.59 loss in FY 2024) Full year 2025 results: kr2.00 loss per share (improved from kr2.59 loss in FY 2024). Revenue: kr477.2m (down 24% from FY 2024). Net loss: kr14.8m (loss narrowed 23% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Dec 23
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 Swedish stocks, typically moving 11% 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 have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (kr117.5m market cap, or US$12.8m). New Risk • Nov 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr93.1m (US$9.74m) 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 Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (kr93.1m market cap, or US$9.74m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: kr0.72 loss per share (vs kr1.24 loss in 3Q 2024) Third quarter 2025 results: kr0.72 loss per share (improved from kr1.24 loss in 3Q 2024). Revenue: kr95.5m (down 22% from 3Q 2024). Net loss: kr5.35m (loss narrowed 42% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 10
Wise Group AB (publ), Annual General Meeting, May 21, 2026 Wise Group AB (publ), Annual General Meeting, May 21, 2026, at 05:00 W. Europe Standard Time. Location: at linnegatan 87, stockholm Sweden New Risk • Sep 08
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 Swedish stocks, typically moving 5.2% 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 have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (kr108.6m market cap, or US$11.6m). Buy Or Sell Opportunity • Sep 08
Now 47% overvalued after recent price rise Over the last 90 days, the stock has risen 9.5% to kr18.95. The fair value is estimated to be kr12.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 24
Second quarter 2025 earnings released: kr0.62 loss per share (vs kr0.55 loss in 2Q 2024) Second quarter 2025 results: kr0.62 loss per share (further deteriorated from kr0.55 loss in 2Q 2024). Revenue: kr135.0m (down 20% from 2Q 2024). Net loss: kr4.57m (loss widened 12% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jun 30
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to kr17.50. The fair value is estimated to be kr14.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 11
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to kr17.50. The fair value is estimated to be kr14.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 24
Full year 2024 earnings released: kr2.59 loss per share (vs kr2.19 loss in FY 2023) Full year 2024 results: kr2.59 loss per share (further deteriorated from kr2.19 loss in FY 2023). Revenue: kr630.6m (down 22% from FY 2023). Net loss: kr19.2m (loss widened 18% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Nov 18
Chairman recently bought kr372k worth of stock On the 15th of November, Curt Erik Mitteregger bought around 22k shares on-market at roughly kr16.58 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Curt Erik has been a buyer over the last 12 months, purchasing a net total of kr867k worth in shares. Aankondiging • Oct 18
Wise Group AB (publ), Annual General Meeting, May 15, 2025 Wise Group AB (publ), Annual General Meeting, May 15, 2025, at 17:00 W. Europe Standard Time. Location: at the company`s premises, at linnegatan 87, stockholm Sweden Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.55 loss per share (vs kr1.08 loss in 2Q 2023) Second quarter 2024 results: kr0.55 loss per share (improved from kr1.08 loss in 2Q 2023). Revenue: kr168.7m (down 20% from 2Q 2023). Net loss: kr4.06m (loss narrowed 49% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Roland Gustavsson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • May 19
New major risk - Revenue and earnings growth Earnings have declined by 1.3% 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 Risk Earnings have declined by 1.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr173.7m market cap, or US$16.2m). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: kr0.19 (vs kr0.99 in 1Q 2023) First quarter 2024 results: EPS: kr0.19 (down from kr0.99 in 1Q 2023). Revenue: kr183.9m (down 22% from 1Q 2023). Net income: kr1.38m (down 81% from 1Q 2023). Profit margin: 0.7% (down from 3.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% 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. Reported Earnings • Feb 23
Full year 2023 earnings released: kr2.19 loss per share (vs kr2.59 profit in FY 2022) Full year 2023 results: kr2.19 loss per share (down from kr2.59 profit in FY 2022). Revenue: kr803.1m (down 12% from FY 2022). Net loss: kr16.2m (down 185% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year. Buy Or Sell Opportunity • Feb 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to kr27.00. The fair value is estimated to be kr35.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be kr31.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Nov 24
Chairman recently bought kr314k worth of stock On the 21st of November, Curt Erik Mitteregger bought around 13k shares on-market at roughly kr25.08 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 kr387k. Curt Erik has been a buyer over the last 12 months, purchasing a net total of kr10m worth in shares. Reported Earnings • Nov 19
Third quarter 2023 earnings released: kr0.74 loss per share (vs kr0.61 profit in 3Q 2022) Third quarter 2023 results: kr0.74 loss per share (down from kr0.61 profit in 3Q 2022). Revenue: kr162.2m (down 18% from 3Q 2022). Net loss: kr5.45m (down 221% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 30
Chairman recently bought kr387k worth of stock On the 28th of August, Curt Erik Mitteregger bought around 14k shares on-market at roughly kr28.06 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. Curt Erik has been a buyer over the last 12 months, purchasing a net total of kr9.7m worth in shares. Reported Earnings • Aug 28
Second quarter 2023 earnings released: kr1.08 loss per share (vs kr1.41 profit in 2Q 2022) Second quarter 2023 results: kr1.08 loss per share (down from kr1.41 profit in 2Q 2022). Revenue: kr210.8m (down 11% from 2Q 2022). Net loss: kr7.95m (down 176% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to kr26.80, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Professional Services industry in Sweden. Total returns to shareholders of 25% over the past three years. Recent Insider Transactions • Jul 06
Chairman recently bought kr128k worth of stock On the 3rd of July, Curt Erik Mitteregger bought around 4k shares on-market at roughly kr34.79 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 kr377k. Curt Erik has been a buyer over the last 12 months, purchasing a net total of kr9.3m worth in shares. Recent Insider Transactions • Jun 01
Chairman recently bought kr377k worth of stock On the 30th of May, Curt Erik Mitteregger bought around 10k shares on-market at roughly kr37.72 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. Curt Erik has been a buyer over the last 12 months, purchasing a net total of kr9.2m worth in shares. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to kr39.00, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 18x in the Professional Services industry in Sweden. Total returns to shareholders of 133% over the past three years. Upcoming Dividend • May 05
Upcoming dividend of kr4.00 per share at 7.9% yield Eligible shareholders must have bought the stock before 12 May 2023. Payment date: 19 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.9%. Within top quartile of Swedish dividend payers (5.1%). Higher than average of industry peers (3.1%). Recent Insider Transactions • Mar 04
Chairman recently bought kr8.8m worth of stock On the 27th of February, Curt Erik Mitteregger bought around 200k shares on-market at roughly kr44.20 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Curt Erik's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr50.80, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 19x in the Professional Services industry in Sweden. Total returns to shareholders of 100% over the past three years. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: kr2.59 (vs kr8.08 in FY 2021) Full year 2022 results: EPS: kr2.59 (down from kr8.08 in FY 2021). Revenue: kr910.5m (up 22% from FY 2021). Net income: kr19.1m (down 68% from FY 2021). Profit margin: 2.1% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: kr0.61 (vs kr0.72 in 3Q 2021) Third quarter 2022 results: EPS: kr0.61 (down from kr0.72 in 3Q 2021). Revenue: kr198.1m (up 17% from 3Q 2021). Net income: kr4.50m (down 15% from 3Q 2021). Profit margin: 2.3% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 20% share price gain to kr46.90, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 16x in the Professional Services industry in Sweden. Total returns to shareholders of 2.6% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr45.80, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 16x in the Professional Services industry in Sweden. Total returns to shareholders of 7.9% over the past three years. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: kr1.58 (vs kr0.40 loss in 1Q 2021) First quarter 2022 results: EPS: kr1.58 (up from kr0.40 loss in 1Q 2021). Revenue: kr227.6m (up 11% from 1Q 2021). Net income: kr11.7m (up kr14.7m from 1Q 2021). Profit margin: 5.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 13
Upcoming dividend of kr4.00 per share Eligible shareholders must have bought the stock before 20 May 2022. Payment date: 27 May 2022. Trailing yield: 5.6%. Within top quartile of Swedish dividend payers (4.8%). Higher than average of industry peers (3.6%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Stefan Mahlstein was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 24
Full year 2021 earnings released: EPS: kr8.08 (vs kr1.52 loss in FY 2020) Full year 2021 results: EPS: kr8.08 (up from kr1.52 loss in FY 2020). Revenue: kr744.6m (up 8.5% from FY 2020). Net income: kr59.7m (up kr70.9m from FY 2020). Profit margin: 8.0% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 24
Independent Director recently bought kr100k worth of stock On the 21st of February, Torvald Thedeen bought around 2k shares on-market at roughly kr45.00 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.2m. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Stefan Mahlstein was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr8.08 (up from kr0.29 loss in FY 2020). Revenue: kr744.6m (down 9.2% from FY 2020). Net income: kr59.7m (up kr61.9m from FY 2020). Profit margin: 8.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Recent Insider Transactions • Dec 10
Independent Director recently bought kr1.2m worth of stock On the 7th of December, Stefan Mahlstein bought around 31k shares on-market at roughly kr40.88 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS kr0.72 (vs kr0.23 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr170.1m (up 9.2% from 3Q 2020). Net income: kr5.30m (up 207% from 3Q 2020). Profit margin: 3.1% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS kr0.37 (vs kr1.30 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr207.1m (flat on 2Q 2020). Net income: kr2.73m (up kr12.3m from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
First quarter 2021 earnings released: kr0.40 loss per share (vs kr0.62 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr204.4m (down 19% from 1Q 2020). Net loss: kr2.99m (down 166% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 23
Full year 2020 earnings released: kr0.29 loss per share (vs kr0.10 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr820.2m (down 12% from FY 2019). Net loss: kr2.17m (loss widened 191% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 78% 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. Is New 90 Day High Low • Jan 19
New 90-day high: kr35.90 The company is up 50% from its price of kr24.00 on 21 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 20% share price gain to kr33.30, the stock is trading at a trailing P/E ratio of 50x, up from the previous P/E ratio of 41.6x. This compares to an average P/E of 32x in the Professional Services industry in Sweden. Total return to shareholders over the past three years is a loss of 26%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 18% share price gain to kr33.40, the stock is trading at a trailing P/E ratio of 50.1x, up from the previous P/E ratio of 42.3x. This compares to an average P/E of 34x in the Professional Services industry in Sweden. Total return to shareholders over the past three years is a loss of 25%. Is New 90 Day High Low • Dec 30
New 90-day high: kr28.50 The company is up 22% from its price of kr23.40 on 01 October 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: kr27.00 The company is up 10.0% from its price of kr24.50 on 15 September 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: kr26.20 The company is up 3.0% from its price of kr25.50 on 26 August 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Professional Services industry, which is down 5.0% over the same period. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS kr0.23 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: kr155.7m (down 19% from 3Q 2019). Net income: kr1.73m (up kr8.63m from 3Q 2019). Profit margin: 1.1% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 24
New 90-day low: kr23.20 The company is down 17% from its price of kr27.80 on 24 July 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Sep 29
New 90-day low: kr23.40 The company is down 9.0% from its price of kr25.80 on 01 July 2020. The Swedish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 24% over the same period.