Board Change • May 07
High number of new directors COO & Director Brett Schnittlich was the last director to join the board, commencing their role in 2026. Recent Insider Transactions • May 05
Chief Experience Officer recently bought kr76k worth of stock On the 27th of April, Michelle Clarke bought around 14k shares on-market at roughly kr5.57 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr2.7m more in shares than they bought in the last 12 months. Breakeven Date Change • Apr 27 The analyst covering Cint Group previously expected the company to break even in 2026. New forecast suggests the company will make a profit of €730.0k in 2026. Earnings growth of 65% is required to achieve expected profit on schedule.
Reported Earnings • Apr 05
Full year 2025 earnings released: €0.50 loss per share (vs €0.056 loss in FY 2024) Full year 2025 results: €0.50 loss per share (further deteriorated from €0.056 loss in FY 2024). Revenue: €150.4m (down 9.5% from FY 2024). Net loss: €177.2m (loss widened €165.4m from FY 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Aankondiging • Mar 27
Cint Group AB (publ), Annual General Meeting, Apr 29, 2026 Cint Group AB (publ), Annual General Meeting, Apr 29, 2026, at 11:00 W. Europe Standard Time. Location: at the offices of gernandt & danielsson, advokatbyra kb at birger jarlsgatan 5, stockholm Sweden Breakeven Date Change • Feb 22
Forecast breakeven date moved forward to 2026 The 2 analysts covering Cint Group previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of €40.0k in 2026. Earnings growth of 141% is required to achieve expected profit on schedule. Reported Earnings • Feb 20
Full year 2025 earnings released: €0.50 loss per share (vs €0.056 loss in FY 2024) Full year 2025 results: €0.50 loss per share (further deteriorated from €0.056 loss in FY 2024). Revenue: €150.4m (down 9.5% from FY 2024). Net loss: €177.2m (loss widened €165.4m from FY 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to kr2.23, the stock trades at a trailing P/E ratio of 20.2x. Average forward P/E is 18x in the Software industry in Sweden. Total loss to shareholders of 82% over the past three years. Aankondiging • Feb 16
Cint Group AB (Publ) Appoints Jeremy Fletcher as Interim CFO Cint Group AB (publ) announced that following the previously announced transition of Niels Boon, Jeremy Fletcher has been appointed interim CFO and will be a member of the Global Leadership Team. To ensure continuity, there will be a phased transition of responsibilities between departing CFO Niels Boo and Jeremy Fletcher over the coming period, to ensure a seamless handover of company's financial operations. Jeremy is a highly experienced senior finance leader and professional Interim-CFO. He has worked across a multitude of sectors and has extensive international experience. Jeremy will lead the Finance function in the coming months in company's transition to new longer-term leadership. New Risk • Feb 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr903.1m (US$99.8m) 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 (67% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (kr5.2m sold). Market cap is less than US$100m (kr903.1m market cap, or US$99.8m). Aankondiging • Jan 29
Cint Group AB (publ) to Report Q1, 2026 Results on Apr 29, 2026 Cint Group AB (publ) announced that they will report Q1, 2026 results on Apr 29, 2026 Recent Insider Transactions • Jan 01
Chief Product & Technology Officer recently sold kr523k worth of stock On the 23rd of December, Alesia Braga sold around 190k shares on-market at roughly kr2.75 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr4.2m. Despite this recent sale, insiders have collectively bought kr3.5m more than they sold in the last 12 months. New Risk • Dec 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr914.4m (US$98.5m) 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 (67% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (kr4.7m sold). Market cap is less than US$100m (kr914.4m market cap, or US$98.5m). Recent Insider Transactions • Dec 14
Independent Director recently bought kr56k worth of stock On the 11th of December, Mark Simon bought around 20k shares on-market at roughly kr2.82 per share. This transaction increased Mark's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr320k. Insiders have collectively bought kr4.0m more in shares than they have sold in the last 12 months. New Risk • Dec 09
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 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 are forecast to decline by an average of 10% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (kr4.7m sold). Recent Insider Transactions • Nov 28
Independent Director recently sold kr474k worth of stock On the 26th of November, Carl Sparks sold around 157k shares on-market at roughly kr3.02 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr8.1m more than they sold in the last 12 months. Recent Insider Transactions • Nov 17
Chief Product & Technology Officer recently bought kr320k worth of stock On the 13th of November, Alesia Braga bought around 100k shares on-market at roughly kr3.20 per share. This transaction increased Alesia's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr8.6m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr3.63, the stock trades at a trailing P/E ratio of 31.9x. Average forward P/E is 26x in the Software industry in Sweden. Total loss to shareholders of 90% over the past three years. New Risk • Oct 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 10% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2025 earnings released: €0.003 loss per share (vs €0.002 profit in 3Q 2024) Third quarter 2025 results: €0.003 loss per share (down from €0.002 profit in 3Q 2024). Revenue: €33.7m (down 20% from 3Q 2024). Net loss: €1.10m (down 354% from profit in 3Q 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Aankondiging • Aug 19
Cint Launches "Luci," an AI Study Companion for Real-Time Brand Lift Insights Cint announced the beta release of Luci, an in-platform AI Study Companion built into its newly redesigned Lucid Measurement solution. Luci gives users an intuitive, chat-based interface to instantly surface insights, explore campaign performance, and access key findings from their brand lift studies, on demand. Luci transforms the way users engage with their data. By typing a simple question, users can engage Luci to uncover performance drivers, review audience-specific results, or receive real-time optimization suggestions for live campaigns. Luci's secure design ensures that insights are always drawn from the user's own study data, with no external inputs or data sharing. The result is a faster, more accessible path to value, especially for brand marketers and media buyers looking to make informed decisions, quickly. Key features of Luci include: Conversational AI Interface: Users can ask natural-language questions and receive direct responses, summaries, or strategic recommendations. Secure & Private Data: Luci draws only from the user's own brand lift study data, ensuring secure, relevant answers. Deeper Insights: Users can also pull clarification or guidance from the Lucid Measurement help center to get deeper insights into the platform's methodology, benchmarks, and best practices, all within the same chat experience. The launch of Luci reflects Cint's continued investment in AI-powered measurement tools that accelerate time to insight and help clients unlock more value from their campaign data. As the research and advertising industries push toward faster, more intelligent decision-making, Luci represents a step forward in making sophisticated analytics more accessible, actionable, and secure. The redesigned Lucid Measurement platform, featuring the Luci AI Study Companion, is now available in beta for all clients. Reported Earnings • Jul 18
Second quarter 2025 earnings released: EPS: €0.012 (vs €0.033 loss in 2Q 2024) Second quarter 2025 results: EPS: €0.012 (up from €0.033 loss in 2Q 2024). Revenue: €39.3m (down 6.6% from 2Q 2024). Net income: €4.10m (up €11.1m from 2Q 2024). Profit margin: 10% (up from net loss in 2Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Breakeven Date Change • Jul 17
Forecast breakeven date moved forward to 2025 The 3 analysts covering Cint Group previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €6.70m in 2025. Earnings growth of 27% is required to achieve expected profit on schedule. Breakeven Date Change • Jun 16
Forecast to breakeven in 2025 The 3 analysts covering Cint Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €3.56m in 2025. Earnings growth of 94% is required to achieve expected profit on schedule. Recent Insider Transactions • May 26
Chief Product & Technology Officer recently bought kr551k worth of stock On the 23rd of May, Alesia Braga bought around 76k shares on-market at roughly kr7.30 per share. This transaction increased Alesia's direct individual holding by 5x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr2.9m. Insiders have collectively bought kr8.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 21
Chief Executive Officer recently bought kr669k worth of stock On the 14th of May, Patrick Comer bought around 85k shares on-market at roughly kr7.87 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr2.9m. Patrick has been a buyer over the last 12 months, purchasing a net total of kr5.6m worth in shares. Recent Insider Transactions • May 13
Chief Executive Officer recently bought kr854k worth of stock On the 7th of May, Patrick Comer bought around 115k shares on-market at roughly kr7.45 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr2.9m. Patrick has been a buyer over the last 12 months, purchasing a net total of kr4.9m worth in shares. Recent Insider Transactions • May 06
Chief Executive Officer recently bought kr2.9m worth of stock On the 29th of April, Patrick Comer bought around 396k shares on-market at roughly kr7.26 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Patrick has been a buyer over the last 12 months, purchasing a net total of kr4.0m worth in shares. Buy Or Sell Opportunity • Apr 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to kr7.23. The fair value is estimated to be kr9.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 5.4% in a year. Earnings are forecast to decline by 7.8% in the next year. Reported Earnings • Apr 16
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: €0.056 loss per share (improved from €2.11 loss in FY 2023). Revenue: €166.2m (down 38% from FY 2023). Net loss: €11.9m (loss narrowed 97% from FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 09
Cint Group AB (publ), Annual General Meeting, May 13, 2025 Cint Group AB (publ), Annual General Meeting, May 13, 2025, at 10:00 W. Europe Standard Time. Location: at iva konferenscenter, grev turegatan 16, stockholm Sweden Major Estimate Revision • Apr 08
Consensus EPS estimates fall from profit to €0.03 loss The consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -€0.03 instead of €0.0012 per share profit previously forecast. Revenue forecast unchanged at €173.2m Software industry in Sweden expected to see average net income growth of 33% next year. Consensus price target broadly unchanged at kr15.69. Share price fell 10% to kr6.41 over the past week. Breakeven Date Change • Apr 07
Forecast breakeven date pushed back to 2026 The 3 analysts covering Cint Group previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 26% to 2025. The company is expected to make a profit of €3.51m in 2026. Average annual earnings growth of 94% is required to achieve expected profit on schedule. Buy Or Sell Opportunity • Mar 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 46% to kr7.06. The fair value is estimated to be kr8.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. Recent Insider Transactions • Mar 23
Independent Director recently bought kr2.2m worth of stock On the 20th of March, Carl Sparks bought around 300k shares on-market at roughly kr7.18 per share. This transaction amounted to 22% 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. New Risk • Mar 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 67% 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 Risk Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Aankondiging • Mar 12
Cint Group AB (publ) to Report Fiscal Year 2024 Results on Apr 10, 2025 Cint Group AB (publ) announced that they will report fiscal year 2024 results on Apr 10, 2025 Reported Earnings • Feb 20
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: €0.06 loss per share (improved from €2.11 loss in FY 2023). Revenue: €166.2m (down 38% from FY 2023). Net loss: €11.9m (loss narrowed 97% from FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings have declined by 68% 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 68% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Aankondiging • Jan 28
Cint Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 600 million. Cint Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 600 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Aankondiging • Jan 27
Cint Group AB (publ) Provides Earnings Guidance for the Fourth Quarter of 2024 Cint Group AB (publ) provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects net sales of EUR 45.4 million. Major Estimate Revision • Jan 22
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.058 to -€0.066 per share. Revenue forecast of €168.2m unchanged since last update. Software industry in Sweden expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at kr14.20. Share price fell 2.5% to kr10.80 over the past week. Major Estimate Revision • Nov 17
Consensus EPS estimates fall by 18% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.052 to -€0.061 per share. Revenue forecast unchanged at €168.4m. Software industry in Sweden expected to see average net income growth of 48% next year. Consensus price target broadly unchanged at kr13.51. Share price fell 2.7% to kr12.32 over the past week. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: €0.002 (vs €0.094 loss in 3Q 2023) Third quarter 2024 results: EPS: €0.002 (up from €0.094 loss in 3Q 2023). Revenue: €42.4m (down 36% from 3Q 2023). Net income: €432.0k (up €20.5m from 3Q 2023). Profit margin: 1.0% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 18 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 16
Cint Announces Michelle Darcy Clarke Chief Experience Officer and Hind Moussaoui as Chief Strategy and Transformation Officer Cint announce two key promotions from its Global Leadership Team (GLT) into the C-Suite, further solidifying the company's commitment to customer experience and its three-year strategy. Michelle Darcy Clarke, Cint’s new Chief Experience Officer (CXO), continues more than 25 years of experience in market research and the restech industry. In this position, Michelle will continue to oversee customer-facing delivery functions at Cint, including Customer Success, Services, Support, Trust & Safety and API integrations. Before joining Cint, Michelle carried senior roles across the research landscape at companies such as Ipsos and Vision Critical (now Alida), before joining Lucid (now Cint) in 2019 where Michelle has played a pivotal role in enhancing customer retention and cultivating high-performance teams. Hind Moussaoui, appointed as Chief Strategy and Transformation Officer (CSTO), will build on her focus on Cint’s operating model - in close collaboration with the greater leadership team - to define and execute the Cint's future strategy. An engineer by education, Hind began her career in strategy at Dassault Systèmes and later took on leadership roles at Brandwatch and Cision. Her diverse expertise, including her work in growth equity at Infravia Growth, will be invaluable in driving Cint’s strategy forward. Aankondiging • Sep 26
Cint Group AB (publ) Announces Appointment of Brett Schnittlich as Chief Operating Officer Cint Group AB (publ) announced that Brett Schnittlich has been appointed as the Chief Operating Officer (COO) and member of the Global Leadership Team of Cint Group. Previously, he served as President and Board member of Lucid. Most recently, Brett served as interim CEO at Atheneum, leading the company through a successful transformation. Before Lucid, he joined the PE firm Pilot Group as the Entrepreneur in Residence, helping acquire online research pioneer OTX. New Risk • Aug 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €450m Forecast net loss in 2 years: €1.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Major Estimate Revision • Jul 26
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €173.4m to €169.2m. Losses expected to increase from €0.056 per share to €0.068. Software industry in Sweden expected to see average net income growth of 44% next year. Consensus price target down from kr14.78 to kr13.78. Share price was steady at kr10.27 over the past week. Reported Earnings • Jul 21
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: €0.03 loss per share (further deteriorated from €0.02 loss in 2Q 2023). Revenue: €42.1m (down 38% from 2Q 2023). Net loss: €6.98m (loss widened 63% from 2Q 2023). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 100%. Revenue is forecast to stay flat during the next 3 years compared to a 16% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. Breakeven Date Change • Jul 21
Forecast breakeven date pushed back to 2026 The 4 analysts covering Cint Group previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 93% per year to 2025. The company is expected to make a profit of €2.12m in 2026. Average annual earnings growth of 138% is required to achieve expected profit on schedule. Major Estimate Revision • Jun 25
Consensus EPS estimates fall by 186% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.02 to -€0.056 per share. Revenue forecast unchanged at €173.6m. Software industry in Sweden expected to see average net income growth of 69% next year. Consensus price target broadly unchanged at kr15.10. Share price fell 7.7% to kr11.26 over the past week. Major Estimate Revision • May 02
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €275.4m to €242.3m. Forecast losses increased from -€0.022 to -€0.022 per share. Software industry in Sweden expected to see average net income growth of 44% next year. Consensus price target of kr15.48 unchanged from last update. Share price was steady at kr11.82 over the past week. Reported Earnings • Apr 26
First quarter 2024 earnings released: €0.04 loss per share (vs €0.039 loss in 1Q 2023) First quarter 2024 results: €0.04 loss per share. Revenue: €36.4m (down 39% from 1Q 2023). Net loss: €7.81m (loss narrowed 6.8% from 1Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Buy Or Sell Opportunity • Apr 26
Now 27% undervalued Over the last 90 days, the stock has risen 14% to kr11.80. The fair value is estimated to be kr16.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 94%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 100% in the next year. Reported Earnings • Mar 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: €2.11 loss per share (further deteriorated from €1.66 loss in FY 2022). Revenue: €266.5m (down 9.7% from FY 2022). Net loss: €448.2m (loss widened 27% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Mar 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to kr15.62. The fair value is estimated to be kr12.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has declined by 93%. Revenue is forecast to grow by 3.3% in a year. Earnings are forecast to grow by 99% in the next year. Aankondiging • Mar 13
Cint Group AB (publ) to Report Fiscal Year 2023 Results on Mar 26, 2024 Cint Group AB (publ) announced that they will report fiscal year 2023 results on Mar 26, 2024 Recent Insider Transactions • Mar 13
General Counsel recently bought kr51k worth of stock On the 5th of March, Felicia Winberg bought around 4k shares on-market at roughly kr13.65 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr589k. Insiders have collectively bought kr3.0m more in shares than they have sold in the last 12 months. Major Estimate Revision • Mar 10
Consensus EPS estimates upgraded to €0.02 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -€0.053 to -€0.02 per share. Revenue forecast steady at €275.4m. Software industry in Sweden expected to see average net income growth of 39% next year. Consensus price target up from kr15.02 to kr15.48. Share price fell 5.9% to kr13.15 over the past week. Recent Insider Transactions • Mar 07
General Counsel recently bought kr51k worth of stock On the 5th of March, Felicia Winberg bought around 4k shares on-market at roughly kr13.65 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr589k. Insiders have collectively bought kr3.0m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 01
Chief Executive Officer recently bought kr589k worth of stock On the 26th of February, Giles Palmer bought around 43k shares on-market at roughly kr13.79 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Giles has been a buyer over the last 12 months, purchasing a net total of kr3.0m worth in shares. Major Estimate Revision • Feb 29
Consensus EPS estimates upgraded to €0.053 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €291.2m to €274.6m. 2024 losses expected to reduce from -€0.064 to -€0.053 per share. Software industry in Sweden expected to see average net income growth of 41% next year. Consensus price target up from kr13.82 to kr14.96. Share price rose 15% to kr13.25 over the past week. Reported Earnings • Feb 23
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: €2.10 loss per share (further deteriorated from €1.66 loss in FY 2022). Revenue: €266.5m (down 9.7% from FY 2022). Net loss: €448.2m (loss widened 27% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 10
Cint Announces CFO Changes Cint has appointed Niels Boon as new Group CFO, effective from 2 April 2024. Current CFO Olivier Lefranc is stepping down from his duties, after a period of handover with Niels, for personal reasons. Most recently, Niels Boon was Managing Director and CFO at Zenjob, a prominent digital staffing platform trusted by over 3,500 companies and 50,000 temporary workers. Prior to that, he held key positions as CFO/COO at several leading international technology companies. His responsibilities extended across Finance, Business Intelligence, Legal, and Compliance departments, and more. His previous companies include Zalando, Bonial (part of Axel Springer), and Ada Health, he commenced his professional journey at McKinsey & Company. Niels Boon holds a Master of Science degree in International Financial Economics from the University of Amsterdam. 