Aankondiging • May 11
Desenio Group AB (publ), Annual General Meeting, Jun 09, 2026 Desenio Group AB (publ), Annual General Meeting, Jun 09, 2026, at 10:00 W. Europe Standard Time. Location: in the companys premises, at maria bangata 4a, 118 63, stockholm Sweden Reported Earnings • May 05
First quarter 2026 earnings released: kr0.001 loss per share (vs kr0.041 loss in 1Q 2025) First quarter 2026 results: kr0.001 loss per share (improved from kr0.041 loss in 1Q 2025). Revenue: kr181.4m (down 12% from 1Q 2025). Net loss: kr2.70m (loss narrowed 84% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 21
Full year 2025 earnings released: kr0.093 loss per share (vs kr0.15 loss in FY 2024) Full year 2025 results: kr0.093 loss per share. Revenue: kr738.2m (down 14% from FY 2024). Net loss: kr278.3m (loss widened kr256.4m from FY 2024). Aankondiging • Jan 21
Desenio Group AB Announces Resignation of Stephen Taylor-Matthews as Non-Executive Director, Effective from January 21, 2026 Desenio Group AB announced that Stephen Taylor-Matthews, a member of Desenio Group AB's board of directors, is to step down from his role as non-executive director effective January 21, 2026, for personal reasons. Stephen Taylor-Matthews contributed to the transformation of the technology team and internal product processes at Desenio Group. He played a significant role in the strategic growth of search engine optimization for the company. The board of directors will continue with three non-executive directors until the next annual general meeting. Reported Earnings • Oct 24
Third quarter 2025 earnings released: kr0.002 loss per share (vs kr0.062 loss in 3Q 2024) Third quarter 2025 results: kr0.002 loss per share (improved from kr0.062 loss in 3Q 2024). Revenue: kr167.0m (down 13% from 3Q 2024). Net loss: kr7.20m (loss narrowed 22% from 3Q 2024). Reported Earnings • Jul 17
Second quarter 2025 earnings released: kr0.089 loss per share (vs kr0.16 loss in 2Q 2024) Second quarter 2025 results: kr0.089 loss per share. Revenue: kr147.3m (down 11% from 2Q 2024). Net loss: kr264.1m (loss widened kr240.7m from 2Q 2024). Aankondiging • Jun 12
Desenio Group AB (Publ) Appoints Petra Von Strombeck as New Board Member Desenio Group AB (publ) at its AGM held on 12 June 2025 appointed Petra von Strombeck as new board member. Reported Earnings • May 02
First quarter 2025 earnings released: kr0.041 loss per share (vs kr0.05 loss in 1Q 2024) First quarter 2025 results: kr0.041 loss per share. Revenue: kr206.0m (down 10.0% from 1Q 2024). Net loss: kr16.4m (loss widened 119% from 1Q 2024). Aankondiging • Apr 24
Desenio Group AB (Publ) Announces Board Changes Desenio Group AB (publ) in its extraordinary general meeting resolved, in accordance with their own request, to dismiss the current board of directors consisting of Alexander Hars, Martin Blomqvist, Max Carlsén, Sarah Kauss and Nathalie du Preezna and To elect Martin Weiss, Erik Flinck, Andreas Otto and Stephen Taylor-Matthews as members of the board of directors, that Martin Weiss shall be chairman of the board of directors and that Erik Flinck shall be deputy chairman of the board of directors. New Risk • Apr 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. 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 (20% average weekly change). Negative equity (-kr68m). Earnings have declined by 80% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr157.1m market cap, or US$16.5m). Reported Earnings • Feb 24
Full year 2024 earnings released: kr0.15 loss per share (vs kr1.91 loss in FY 2023) Full year 2024 results: kr0.15 loss per share (improved from kr1.91 loss in FY 2023). Revenue: kr856.2m (down 12% from FY 2023). Net loss: kr21.9m (loss narrowed 92% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 29
Third quarter 2024 earnings released: kr0.062 loss per share (vs kr0.12 loss in 3Q 2023) Third quarter 2024 results: kr0.062 loss per share (improved from kr0.12 loss in 3Q 2023). Revenue: kr192.6m (down 16% from 3Q 2023). Net loss: kr9.20m (loss narrowed 47% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 04
Desenio Group AB (publ), Annual General Meeting, May 28, 2025 Desenio Group AB (publ), Annual General Meeting, May 28, 2025. New Risk • Jul 21
New major risk - Revenue and earnings growth Earnings have declined by 96% 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 (-kr31m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-kr77m). Earnings have declined by 96% per year over the past 5 years. Market cap is less than US$10m (kr35.2m market cap, or US$3.29m). Reported Earnings • Jul 17
Second quarter 2024 earnings released: kr0.16 loss per share (vs kr0.12 loss in 2Q 2023) Second quarter 2024 results: kr0.16 loss per share (further deteriorated from kr0.12 loss in 2Q 2023). Revenue: kr166.0m (down 10.0% from 2Q 2023). Net loss: kr23.4m (loss widened 34% from 2Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Jun 13
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr977.4m to kr938.7m. Now expected to report a loss of kr0.12 per share instead of kr0.12 per share profit previously forecast. Specialty Retail industry in Sweden expected to see average net income growth of 35% next year. Consensus price target down from kr0.40 to kr0.30. Share price fell 10% to kr0.27 over the past week. Reported Earnings • Apr 26
First quarter 2024 earnings released: kr0.05 loss per share (vs kr0.038 profit in 1Q 2023) First quarter 2024 results: kr0.05 loss per share (down from kr0.038 profit in 1Q 2023). Revenue: kr228.9m (down 12% from 1Q 2023). Net loss: kr7.50m (down 234% from profit in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 21
Desenio's AI Tool Empowers Customers to Create Their Own Art Desenio has taken their passion for democratizing art to new heights by proudly launching their Imaginator AI creator, a AI art tool that empowers customers to dream up unique art for their walls. The Imaginator AI creator is designed to be simple. Users simply type in a description of the art they areimagining and select an art style. The AI tool generates a selection of artworks that customers can customize before ordering as art prints. Since the launch in November 2023, there have been over 3.4 million AI art designs created by users. Desenio analyzes the art creation data to identify art micro-trends as they begin to take off, enabling the fulfilment of these micro-trends through professionally designed artworks onsite. The Imaginator AI creator strengthens Desenio's commitment to its core values: that art should be available to all, and that everyone has the right to self-expression. Reported Earnings • Feb 16
Full year 2023 earnings released: kr1.91 loss per share (vs kr0.15 loss in FY 2022) Full year 2023 results: kr1.91 loss per share (further deteriorated from kr0.15 loss in FY 2022). Revenue: kr967.2m (flat on FY 2022). Net loss: kr284.2m (loss widened kr261.9m from FY 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Specialty Retail industry in Sweden. Recent Insider Transactions • Dec 12
Director recently bought kr191k worth of stock On the 8th of December, Martin Blomqvist bought around 392k shares on-market at roughly kr0.49 per share. This transaction amounted to 2.7% 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 the only on-market transaction from insiders over the last 12 months. Aankondiging • Nov 02
Desenio Group AB (publ) to Report Fiscal Year 2023 Final Results on May 08, 2024 Desenio Group AB (publ) announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on May 08, 2024 Aankondiging • Oct 31
Desenio Group AB (Publ) Announces Nomination Committee Desenio Group AB (publ) announced that the company has appointed the following representatives to the election committee: Jacob Wiström appointed by Verdane Capital (Chairman); Thomas Blomqvist appointed by MBHB Holding; Alexander Hars, as the third owner through Hars Holding and chairman of Desenio Group's board. Reported Earnings • Oct 27
Third quarter 2023 earnings released: kr0.12 loss per share (vs kr0.035 profit in 3Q 2022) Third quarter 2023 results: kr0.12 loss per share (down from kr0.035 profit in 3Q 2022). Revenue: kr228.2m (down 7.7% from 3Q 2022). Net loss: kr17.5m (down 437% from profit in 3Q 2022). New Risk • Oct 26
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 16% 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 Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 88% per year over the past 5 years. Market cap is less than US$10m (kr68.7m market cap, or US$6.14m). New Risk • Oct 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr108.8m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 88% per year over the past 5 years. Market cap is less than US$10m (kr108.8m market cap, or US$9.93m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Buying Opportunity • Aug 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.4%. The fair value is estimated to be kr1.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Meanwhile, the company became loss making. Buying Opportunity • Jul 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be kr1.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Meanwhile, the company became loss making. Price Target Changed • Jul 25
Price target decreased by 28% to kr1.30 Down from kr1.80, the current price target is provided by 1 analyst. New target price is 25% above last closing price of kr1.04. Stock is down 48% over the past year. The company is forecast to post earnings per share of kr0.08 next year compared to a net loss per share of kr0.15 last year. Buying Opportunity • Jun 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 46%. The fair value is estimated to be kr1.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Meanwhile, the company became loss making. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: kr0.038 (vs kr0.062 in 1Q 2022) First quarter 2023 results: EPS: kr0.038 (down from kr0.062 in 1Q 2022). Revenue: kr260.3m (down 9.5% from 1Q 2022). Net income: kr5.60m (down 37% from 1Q 2022). Profit margin: 2.2% (down from 3.1% in 1Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Feb 16
Full year 2022 earnings released: kr0.15 loss per share (vs kr0.40 profit in FY 2021) Full year 2022 results: kr0.15 loss per share (down from kr0.40 profit in FY 2021). Revenue: kr964.9m (down 21% from FY 2021). Net loss: kr22.3m (down 139% from profit in FY 2021). Aankondiging • Jan 18
Desenio Group AB (Publ) Announces Resignation of Kristian Lustin as CFO Desenio Group AB's CFO Kristian Lustin will leave his position as CFO during the spring of 2023. Kristian will remain in his role until a replacement is hired, but at the latest until the end of May 2023. The recruitment process for a new CFO begins immediately. Price Target Changed • Jan 11
Price target increased to kr2.80 Up from kr2.50, the current price target is provided by 1 analyst. New target price is 5.4% above last closing price of kr2.66. Stock is down 89% over the past year. The company is forecast to post a net loss per share of kr0.13 compared to earnings per share of kr0.40 last year. Board Change • Nov 16
Less than half of directors are independent There are 6 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: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). Director Max Carlsen is the most experienced director on the board, commencing their role in 2018. Independent Director Sarah Kauss was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr0.015 (vs kr0.002 loss in 3Q 2021) Third quarter 2022 results: EPS: kr0.015 (up from kr0.002 loss in 3Q 2021). Revenue: kr212.3m (down 11% from 3Q 2021). Net income: kr2.20m (up kr2.50m from 3Q 2021). Profit margin: 1.0% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Online Retail industry in Sweden. Major Estimate Revision • Oct 07
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr0.17 to -kr0.19 per share. Revenue forecast unchanged at kr1.02b. Online Retail industry in Sweden expected to see average net income growth of 1.0% next year. Consensus price target down from kr2.50 to kr2.20. Share price rose 8.6% to kr1.80 over the past week. Aankondiging • Oct 07
Desenio Group AB (publ), Annual General Meeting, May 25, 2023 Desenio Group AB (publ), Annual General Meeting, May 25, 2023. Reported Earnings • Jul 15
Second quarter 2022 earnings released: kr0.29 loss per share (vs kr0.019 profit in 2Q 2021) Second quarter 2022 results: kr0.29 loss per share (down from kr0.019 profit in 2Q 2021). Revenue: kr182.9m (down 31% from 2Q 2021). Net loss: kr41.7m (down kr44.4m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 1.7%, compared to a 13% growth forecast for the industry in Sweden. Major Estimate Revision • Jul 06
Consensus revenue estimates fall by 14% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from kr1.18b to kr1.02b. Forecast loss of -kr0.10, down from profit of kr0.35 per share profit previously. Online Retail industry in Sweden expected to see average net income growth of 3.4% next year. Consensus price target down from kr13.00 to kr2.50. Share price fell 5.1% to kr1.90 over the past week. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 21% share price decline to kr2.85, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Online Retail industry in Sweden. Total loss to shareholders of 97% over the past year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 21% share price decline to kr4.58, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Online Retail industry in Sweden. Total loss to shareholders of 95% over the past year. Recent Insider Transactions • May 05
Chairman of the Board recently bought kr1.4m worth of stock On the 29th of April, Alexander Hars bought around 250k shares on-market at roughly kr5.76 per share. This was the largest purchase by an insider in the last 3 months. Alexander has been a buyer over the last 12 months, purchasing a net total of kr6.4m worth in shares. Major Estimate Revision • May 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr0.78 to kr0.68 per share. Revenue forecast steady at kr1.34b. Net income forecast to grow 342% next year vs 59% growth forecast for Online Retail industry in Sweden. Consensus price target down from kr28.00 to kr21.00. Share price fell 8.1% to kr5.79 over the past week. Price Target Changed • Apr 27
Price target decreased to kr21.00 Down from kr30.00, the current price target is provided by 1 analyst. New target price is 233% above last closing price of kr6.30. Stock is down 94% over the past year. The company is forecast to post earnings per share of kr0.78 for next year compared to kr0.40 last year. Reported Earnings • Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr0.40 (down from kr1.28 in FY 2020). Revenue: kr1.23b (up 25% from FY 2020). Net income: kr57.2m (down 68% from FY 2020). Profit margin: 4.7% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 9.6%, compared to a 21% growth forecast for the retail industry in Sweden. Board Change • Apr 27
Less than half of directors are independent There are 6 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: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). Director Max Carlsen is the most experienced director on the board, commencing their role in 2018. Independent Director Sarah Kauss was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 20% share price decline to kr7.99, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Online Retail industry in Sweden. Total loss to shareholders of 91% over the past year. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr8.48, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Online Retail industry in Sweden. Total loss to shareholders of 90% over the past year. Reported Earnings • Feb 17
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr0.40 (down from kr0.84 in FY 2020). Revenue: kr1.23b (up 25% from FY 2020). Net income: kr57.2m (down 51% from FY 2020). Profit margin: 4.7% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 9.6%, compared to a 30% growth forecast for the retail industry in Sweden. Aankondiging • Feb 17
Desenio Group AB (publ) to Report Fiscal Year 2022 Results on Feb 15, 2023 Desenio Group AB (publ) announced that they will report fiscal year 2022 results on Feb 15, 2023 Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr12.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Online Retail industry in Sweden. Major Estimate Revision • Jan 21
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from kr1.26b to kr1.23b. EPS estimate also fell from kr0.43 per share to kr0.36 per share. Net income forecast to grow 123% next year vs 49% growth forecast for Online Retail industry in Sweden. Consensus price target down from kr45.00 to kr30.00. Share price fell 24% to kr17.87 over the past week. Buying Opportunity • Jan 21
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be kr23.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last year. Earnings per share has declined by 55% over the last year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 20% share price decline to kr18.85, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Online Retail industry in Sweden. Recent Insider Transactions • Nov 24
Chief Executive Officer recently bought kr11m worth of stock On the 19th of November, Fredrik Palm bought around 500k shares on-market at roughly kr21.34 per share. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr16m worth in shares. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improved over the past week After last week's 18% share price gain to kr20.94, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Online Retail industry in Sweden. Reported Earnings • Oct 28
Third quarter 2021 earnings released: kr0.002 loss per share (vs kr0.26 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: kr239.5m (down 30% from 3Q 2020). Net loss: kr300.0k (down 101% from profit in 3Q 2020). Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 28% share price decline to kr16.94, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Online Retail industry in Sweden. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to kr29.50, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Online Retail industry in Sweden. Recent Insider Transactions • Aug 22
Director recently bought kr2.6m worth of stock On the 18th of August, Jakob Tolleryd bought around 55k shares on-market at roughly kr48.10 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr5.0m. Insiders have collectively bought kr13m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS kr0.019 (vs kr0.17 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: kr266.2m (up 28% from 2Q 2020). Net income: kr2.80m (down 88% from 2Q 2020). Profit margin: 1.1% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Jul 20
Interim Chief Financial Officer recently bought kr133k worth of stock On the 12th of July, Petter Blid bought around 3k shares on-market at roughly kr46.75 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr5.0m. Petter has been a buyer over the last 12 months, purchasing a net total of kr150k worth in shares. Recent Insider Transactions • Jul 15
Chairman of the Board recently bought kr5.0m worth of stock On the 9th of July, Alexander Hars bought around 110k shares on-market at roughly kr45.43 per share. This was the largest purchase by an insider in the last 3 months. This was Alexander's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorated over the past week After last week's 50% share price decline to kr43.70, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 37x in the Online Retail industry in Sweden.