Reported Earnings • May 15
First quarter 2026 earnings released First quarter 2026 results: Revenue: kr203.3k (down 72% from 1Q 2025). Net loss: kr2.33m (down kr2.41m from profit in 1Q 2025). Aankondiging • May 14
Mavshack AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 7.999359 million. Mavshack AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 7.999359 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,599,871,800
Price\Range: SEK 0.005
Transaction Features: Rights Offering Aankondiging • Apr 24
Mavshack AB (publ), Annual General Meeting, Jun 29, 2026 Mavshack AB (publ), Annual General Meeting, Jun 29, 2026. Reported Earnings • Feb 21
Full year 2025 earnings released: kr0.007 loss per share (vs kr0.38 loss in FY 2024) Full year 2025 results: kr0.007 loss per share (improved from kr0.38 loss in FY 2024). Revenue: kr3.37m (down 71% from FY 2024). Net loss: kr5.45m (loss narrowed 76% from FY 2024). Reported Earnings • Dec 03
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr1.31m (down 70% from 3Q 2024). Net loss: kr2.47m (loss widened 3.4% from 3Q 2024). Aankondiging • Sep 26
Mavshack AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 13.332265 million. Mavshack AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 13.332265 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 533,290,600
Price\Range: SEK 0.025
Transaction Features: Rights Offering Aankondiging • May 28
Mavshack AB (publ), Annual General Meeting, Jun 27, 2025 Mavshack AB (publ), Annual General Meeting, Jun 27, 2025, at 09:00 W. Europe Standard Time. Location: at humlegardsgatan 13 , 3rd floor, stockholm Sweden New Risk • May 02
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: kr9.0m (US$929k) This is considered a major risk. Companies with a small amount of revenue 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 (-kr25m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-kr16m). Shareholders have been substantially diluted in the past year (248% increase in shares outstanding). Revenue is less than US$1m (kr9.0m revenue, or US$929k). Market cap is less than US$10m (kr1.80m market cap, or US$185.9k). Aankondiging • Jan 15
BrandBee Holding AB (publ) (NGM:BRANDB) entered into an agreement to acquire Ådata infosystem AB and Itevo AB from Mavshack AB (publ) (OM:MAV) for SEK 9.3 million. BrandBee Holding AB (publ) (NGM:BRANDB) entered into an agreement to acquire Ådata infosystem AB and Itevo AB from Mavshack AB (publ) (OM:MAV) for SEK 9.3 million on January 14, 2025. The consideration consists of SEK 3 million in cash and issue of 9 million new shares of BrandBee Holding AB (publ) having a value of SEK 6.32 million. The cash portion is financed with a loan from a shareholder at market interest. For the period ending December 31, 2024, Ådata infosystem AB and Itevo AB reported total revenue of SEK 11 million.
The transaction is subject to approval by the board of directors of BrandBee Holding AB and Mavshack AB. New Risk • Oct 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 248% 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 Less than 1 year of cash runway based on free cash flow trend (-kr13m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-kr15m). Shareholders have been substantially diluted in the past year (248% increase in shares outstanding). Market cap is less than US$10m (kr4.78m market cap, or US$448.2k). Minor Risk Revenue is less than US$5m (kr14m revenue, or US$1.3m). Reported Earnings • Oct 29
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr4.37m (up 1.3% from 3Q 2023). Net loss: kr2.39m (loss narrowed 36% from 3Q 2023). Reported Earnings • May 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr3.20m (down 41% from 1Q 2023). Net loss: kr5.02m (loss narrowed 13% from 1Q 2023). New Risk • Mar 10
New major risk - Negative shareholders equity The company has negative equity. Total equity: -kr1.6m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-kr7.8m free cash flow). Negative equity (-kr1.6m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Market cap is less than US$10m (kr2.50m market cap, or US$244.4k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (kr23m revenue, or US$2.3m). New Risk • Mar 07
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 Swedish stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Market cap is less than US$10m (kr2.50m market cap, or US$244.5k). Minor Risk Revenue is less than US$5m (kr25m revenue, or US$2.4m). New Risk • Feb 26
New major risk - Negative shareholders equity The company has negative equity. Total equity: -kr1.6m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-kr7.8m free cash flow). Negative equity (-kr1.6m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Market cap is less than US$10m (kr3.45m market cap, or US$334.1k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (kr23m revenue, or US$2.3m). New Risk • Nov 28
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 Swedish stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-kr10m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Market cap is less than US$10m (kr8.67m market cap, or US$839.7k). Minor Risk Revenue is less than US$5m (kr25m revenue, or US$2.4m). Reported Earnings • Oct 22
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr4.39m (down 49% from 3Q 2022). Net loss: kr3.75m (loss narrowed 63% from 3Q 2022). New Risk • Oct 20
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 8.4% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr13m free cash flow). Negative equity (-kr2.2m). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (kr11.4m market cap, or US$1.04m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Revenue is less than US$5m (kr29m revenue, or US$2.6m). Reported Earnings • Aug 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr6.37m (down 46% from 2Q 2022). Net loss: kr4.61m (loss narrowed 54% from 2Q 2022). Board Change • May 19
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Member of Advisory Board Craig Moody is the most experienced director on the board, commencing their role in 2013. Independent Director Jonas Lofgren was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Oct 22
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr8.71m (down 19% from 3Q 2021). Net loss: kr10.1m (loss widened 19% from 3Q 2021). Reported Earnings • Aug 24
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr12.1m (down 35% from 2Q 2021). Net loss: kr10.0m (loss widened 10% from 2Q 2021). Recent Insider Transactions • Apr 27
Insider recently sold kr5.0m worth of stock On the 20th of April, Jonas Litborn sold around 27m shares on-market at roughly kr0.19 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr3.3m more than they sold in the last 12 months. Recent Insider Transactions • Apr 24
Insider recently sold kr5.0m worth of stock On the 20th of April, Jonas Litborn sold around 27m shares on-market at roughly kr0.19 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr3.3m more than they sold in the last 12 months. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.037 loss per share (up from kr0.099 loss in FY 2020). Revenue: kr63.9m (up 44% from FY 2020). Net loss: kr35.9m (loss narrowed 33% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jan 14
Founder & Chairman of the Board recently bought kr229k worth of stock On the 12th of January, Jonas Litborn bought around 2m shares on-market at roughly kr0.10 per share. This was the largest purchase by an insider in the last 3 months. Jonas has been a buyer over the last 12 months, purchasing a net total of kr1.9m worth in shares. Reported Earnings • Nov 01
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr10.1m (up 24% from 3Q 2020). Net loss: kr8.54m (loss narrowed 37% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Sep 18
Founder & Chairman of the Board recently bought kr1.1m worth of stock On the 17th of September, Jonas Litborn bought around 6m shares on-market at roughly kr0.17 per share. This was the largest purchase by an insider in the last 3 months. Jonas has been a buyer over the last 12 months, purchasing a net total of kr1.5m worth in shares. Reported Earnings • Sep 01
Second quarter 2021 earnings released The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: kr20.3b (up kr20.3b from 2Q 2020). Net loss: kr9.09b (loss widened kr9.08b from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Aug 29
Founder & Chairman of the Board recently bought kr280k worth of stock On the 27th of August, Jonas Litborn bought around 2m shares on-market at roughly kr0.14 per share. This was the largest purchase by an insider in the last 3 months. Jonas has been a buyer over the last 12 months, purchasing a net total of kr467k worth in shares. Reported Earnings • Apr 17
First quarter 2021 earnings released The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr18.1m (up 54% from 1Q 2020). Net loss: kr6.96m (loss widened 91% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Feb 28
Full year 2020 earnings released: kr0.093 loss per share (vs kr0.053 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr45.9m (up 73% from FY 2019). Net loss: kr53.1m (loss widened 141% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 16
New 90-day high: kr0.27 The company is up 125% from its price of kr0.12 on 18 November 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 34% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: kr0.21 The company is up 70% from its price of kr0.12 on 06 November 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 9.0% over the same period. Recent Insider Transactions • Sep 30
Founder & Chairman of the Board recently bought kr122k worth of stock On the 28th of September, Jonas Litborn bought around 921k shares on-market at roughly kr0.13 per share. This was the largest purchase by an insider in the last 3 months. Jonas has been a buyer over the last 12 months, purchasing a net total of kr770k worth in shares. 