New Risk • May 29
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 German stocks, typically moving 12% 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 (-kr51m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr25m net loss in 2 years). Market cap is less than US$100m (€23.2m market cap, or US$27.0m). Board Change • May 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Independent Director Cecilia Johansson is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 21
Freemelt Holding AB (publ), Annual General Meeting, May 21, 2026 Freemelt Holding AB (publ), Annual General Meeting, May 21, 2026, at 16:00 W. Europe Standard Time. Location: company headquarters located, at fiskhamnsgatan 6a, 414 51, goteborg Sweden Announcement • Dec 20
Freemelt Holding AB Establishes Advisory Board and Appoints Industry Experts as Members Freemelt Holding AB has established an Advisory Board to accelerate progress in additive manufacturing and support the industry’s transformation. The goal is to create a platform for open dialogue, knowledge sharing, and collaboration that drives additive manufacturing development forward. Members of the Freemelt Advisory Board include Professor Arunodaya Bhattacharya, Chair in Fusion Energy, University of Birmingham and Former Chief Technologist, UKAEA, who is an internationally recognized expert in advanced materials for fusion and fission, previously holding senior roles at the UK Atomic Energy Authority and Oak Ridge National Laboratory in the United States, with extensive experience in global research programs and contributing to the development of next-generation fusion reactors, focusing on materials engineered to withstand extreme environments. Göran Backlund, Director, Business Development & Strategy, Saab Dynamics AB, brings over 30 years of experience in defense and aerospace technology, has been instrumental in Saab’s adoption of additive manufacturing, leading the company’s internal additive manufacturing group since 2013, achieving several milestones including flight-qualified 3D-printed components, and is also active within AMEXCI, supporting the advancement of industrial additive manufacturing in Sweden. Dr. Ola Harrysson, Edward P. Fitts Distinguished Professor, NC State University, is a pioneer in metal-based additive manufacturing with more than 25 years of research experience, and as head of CAMAL at NC State University, has driven the development of medical additive manufacturing solutions, including customized orthopedic implants and osseointegrated prostheses, with work bridging engineering, medicine, and industrial application of additive manufacturing technology. Announcement • Jul 10
Freemelt Holding AB (Publ) Announces Resignation of Darin Everett, President of Freemelt-Americas Inc Freemelt Holding AB (publ) announced resignation of Darin Everett, President of Freemelt-Americas Inc. and will leave the company by the end of September 2025. He joined Freemelt in 2023 and has been responsible for establishing the company’s presence in the north American market. Announcement • May 22
Freemelt Holding AB (Publ) Announces Board Changes Freemelt Holding AB (publ) at its AGM held on May 21, 2025 announced appointment of Kai Gruner, Mala Valroy, and Martin Julander to board of Directors. It was noted that Carl Palmstierna and Per Anell declined to be re-elected. Announcement • Apr 23
Freemelt Holding AB (publ), Annual General Meeting, May 21, 2025 Freemelt Holding AB (publ), Annual General Meeting, May 21, 2025, at 16:00 W. Europe Standard Time. Location: at the companys headquarters located, at fiskhamnsgatan 6a, 414 51, goteborg Sweden Announcement • Mar 18
Freemelt Appoints Karin Stenback as CTO, Effective No Later Than June 17, 2025 Freemelt Holding AB (publ) announced the appointment of Karin Stenback as CTO (Chief Technology Officer) and will be part of Freemelt's executive management team. Karin currently serves as R&D Director at Breas Medical AB and has extensive experience in senior leadership positions within global industrial companies, particularly in the medical technology and automotive industries. Karin will assume the role no later than June 17, 2025. Announcement • Jan 18
Freemelt Holding AB (publ) to Report Fiscal Year 2024 Results on Apr 30, 2025 Freemelt Holding AB (publ) announced that they will report fiscal year 2024 results on Apr 30, 2025 New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.36m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr73m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (€9.36m market cap, or US$9.89m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr27m net loss in 2 years). Shareholders have been diluted in the past year (44% increase in shares outstanding). Revenue is less than US$5m (kr54m revenue, or US$4.9m). Reported Earnings • Nov 05
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr14.1m (down 25% from 3Q 2023). Net loss: kr18.0m (loss narrowed 2.3% from 3Q 2023). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. New Risk • Aug 08
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: kr86m Forecast net loss in 2 years: kr34m 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr65m). Currently unprofitable and not forecast to become profitable over next 2 years (kr34m net loss in 2 years). Shareholders have been diluted in the past year (44% increase in shares outstanding). Market cap is less than US$100m (€19.6m market cap, or US$21.4m). New Risk • Aug 07
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -kr65m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr65m). Shareholders have been diluted in the past year (44% increase in shares outstanding). Market cap is less than US$100m (€19.7m market cap, or US$21.5m). Reported Earnings • Aug 07
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr12.5m (down 18% from 2Q 2023). Net loss: kr26.6m (loss widened 236% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. New Risk • Jul 31
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: kr82m Forecast net loss in 2 years: kr40m 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr40m net loss in 2 years). Shareholders have been diluted in the past year (44% increase in shares outstanding). Revenue is less than US$5m (kr51m revenue, or US$4.8m). Market cap is less than US$100m (€22.4m market cap, or US$24.3m). Reported Earnings • Jun 04
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr10.4m (down 32% from 1Q 2023). Net loss: kr23.4m (loss widened 195% from 1Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. New Risk • May 31
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: kr83m Forecast net loss in 3 years: kr1.5m 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (30% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr1.5m net loss in 3 years). Shareholders have been diluted in the past year (47% increase in shares outstanding). Revenue is less than US$5m (kr43m revenue, or US$4.1m). Market cap is less than US$100m (€13.7m market cap, or US$14.9m). Announcement • Apr 24
Freemelt Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 65.582221 million. Freemelt Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 65.582221 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 21,155,555
Price\Range: SEK 3.1
Transaction Features: Rights Offering Announcement • Mar 13
Freemelt Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.582221 million. Freemelt Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 65.582221 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 21,155,555
Price\Range: SEK 3.1
Transaction Features: Rights Offering Reported Earnings • Feb 22
Full year 2023 earnings released: kr1.81 loss per share (vs kr1.85 loss in FY 2022) Full year 2023 results: kr1.81 loss per share. Revenue: kr43.2m (down 16% from FY 2022). Net loss: kr82.9m (loss widened 23% from FY 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Announcement • Dec 21
Freemelt Appoints Viktor Valk as Regional President for the EMEA Market Freemelt Holding AB (publ) has appointed Viktor Valk as Regional President for the EMEA market. Viktor Valk is currently serving as Business Unit Manager at Sandvik Mining & Rock Solutions. Viktor has substantial experience as a senior business leader with over 10 years of experience in sales operations and business development at various positions within the Sandvik Group. Announcement • Nov 02
Freemelt Launches New eMELT Model At Formnext in Frankfurt - Strengthens Its Position of Solutions for Large-Scale Industrial 3D Printing Freemelt launches a brand new eMELT model, eMELT-iD. The model is aimed for development of industrial applications. It enables efficient product and application development as well as preparation for mass production. The launch will take place at Formnext in Frankfurt, Germany, on 7-10 November. The eMELT-iD industrial machine is a crucial milestone in Freemelt's strategic plan to position itself as a productivity partner and key player that improves productivity and service to maximize customer value. In contrast to the industry norm, where machines are initially developed and then scaled up for productivity, the eMELT-iD version is based on the innovative core technology for serial production from eMELT-iM. The machine is designed for efficient product and application development for customers who require shorter product development time and an efficient, seamless transfer to large-scale serial production in eMELT-iM. It is based on Freemelt's proven open-source technology and designed for industrial application development. eMELT-iD will significantly reduce the time and cost for customers to develop new applications and products to be mass produced on a large scale via Additive Manufacturing. New Risk • Oct 06
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 German 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (kr20m net loss in 3 years). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (kr52m revenue, or US$4.7m). Market cap is less than US$100m (€21.1m market cap, or US$22.4m). New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr46m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (kr22m net loss in 3 years). Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (kr52m revenue, or US$4.6m). Market cap is less than US$100m (€20.7m market cap, or US$22.0m). New Risk • Sep 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr46m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (kr22m net loss in 3 years). Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (kr52m revenue, or US$4.7m). Market cap is less than US$100m (€23.0m market cap, or US$24.8m). Announcement • May 27
Freemelt Holding AB (publ) Elects New Board of Directors Freemelt Holding AB (publ) announced that at the annual general meeting held on 25 May 2023, approved to appoint Per Anell, Lottie Saks och Mikael Wahlsten as new Board of Directors. Board Change • Jan 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Erik Lindeblad is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 24
Freemelt Holding AB (Publ) Appoints Martin Granlund as CFO Freemelt Holding AB (publ) appointed Martin Granlund as new CFO. Martin Granlund has extensive experience in the financial industry, such as from SEB, Nasdaq OMX and as CFO of the Dutch company TOM, The Order Machine. He will take up the position in March 2023 and will join the company's management team. Martin Granlund has held prominent positions in the financial sector since 1999. During his time at Nasdaq OMX, he was responsible for, among other things, the offering in the Nordic derivatives markets. Martin Granlund comes most recently from the Swedish National Debt Office in the role of crisis planner for the banking sector. Martin Granlund will take up the position in March 2023, succeeding Jonas Fogelberg, who has acted as interim CFO in 2022. Announcement • Dec 06
Freemelt Holding AB (Publ) Announces Board Appointments Freemelt Holding AB has at an extraordinary general meeting elected entrepreneur and professor Johannes Henrich Schleifenbaum and co-founder Ulric Ljungblad as new members of the company's board. At the meeting, Martin Wildheim resigned from the board. Professor Johannes Henrich Schleifenbaum is a leading researcher in 3D printing with more than 200 scientific presentations and publications as well as several patents in additive manufacturing, functional layers, and smart materials. Johannes has extensive experience and expertise in metalworking and specializes in additive manufacturing. Johannes Henrich Schleifenbaum has a large network in additive manufacturing and is currently managing director of the Aachen Center for Additive Manufacturing (ACAM) as well as director and professor of Digital Additive Production (DAP) at RWTH Aachen University in Germany. The university is one of the world's strongest research centers in additive manufacturing and is the origin where the basic technology was developed for powder-based metal 3D printing. Johannes has founded several successful startups in additive manufacturing. He has a PhD in the field of individualized production and has previously studied mechanical engineering and business administration. Ulric Ljungblad is one of Freemelt's founders and the company's former CEO. He holds the role of Chief Innovation Officer, CIO. Announcement • Nov 26
Freemelt Holding AB (publ) Announces Resignation of Martin Wildheim as Board Member Freemelt Holding AB (publ) announced current board member Martin Wildheim resigns from his position as a full member. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Martin Wildheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 25
Freemelt Launches eMELT Freemelt launched eMELT, its new industrial system at the Formnext trade show in Frankfurt on 15-18 November. eMELT is developed for large-scale 3D printing, which means that Freemelt now also reaches a customer group focused on industrial production. eMELT, with estimated first delivery at the end of 2023, is developed to compete with traditional manufacturing industry in terms of both cost and quality. eMELT is based on proven technology from Freemelt ONE, which is complemented by industrial solutions that are developed in close strategic collaborations with selected industrial partners within prioritized verticals and especially in titanium and tungsten. Manufacturing of titanium implants is an area where 3D printing is growing rapidly. Every year, more than five million hip and knee surgeries are performed globally. Today, a major part of all advanced implants are 3D-printed. Last year, 300 3D-printers were sold to the implants industry, which shows that it is a well-established technology in strong growth. In addition to manufacturing of implants, eMELT can also be used to manufacture components in tungsten and copper. The market for products developed in these materials is expanding rapidly. Large-scale applications include renewable energy, medical technology and the transition to electrically powered vehicles and aircraft. Announcement • Jul 09
Freemelt Granted Patent for Proheat™ Freemelt creates new conditions for rapid growth in 3D printing has been granted a patent in Sweden for ProHeatTM. The patent relates to a method for robust preheating of powders that allows for 3D printing of materials that have previously been considered inaccessible. ProHeat TM enables 3D printing at elevated temperature in a simpler and more controlled way, whichprovides improved material properties in the manufactured parts. In this invention, the high power of the electron beam is used in Freemelt's 3D printers for indirect heating of the powder bed. This eliminates the charging effects that have hampered the development of new materials for 3D printing. The patent has been granted in Sweden and the application is also being processed in a number of other countries. Patent protection for the invention extends until April 17, 2040 in all jurisdictions where the patent is granted. Announcement • Jun 29
Freemelt Holding AB (publ) Grants Patents in the US and Europe Freemelt Holding AB (publ) has been granted patents in the US and Europe. The patents relate to a method of removing powder from parts, which enables industrial customers to manufacture more complex parts. In Freemelt's 3D printers, manufacturing takes place at elevated temperature to increase productivity and improve material properties. This means that powder grains in areas inside the manufactured part are sometimes stuck after manufacturing. The patents provide protection regarding a method of removing the powder stuck in, for example, cooling channels and other confined spaces. The method is generally applicable to products manufactured with competing 3D printers. The patents are granted in the US and Europe and are validated in Sweden, Germany, and the UK. Protection for this extends until 26 March 2039 in all jurisdictions. Announcement • May 18
Freemelt Holding AB (Publ) Launches Pixelmelt® Freemelt Holding AB (publ) introduced Pixelmelt®, a new software for faster material development and more productive 3D printing. Pixelmelt is® launched in conjunction with the Industry Fair Rapid.tech 3D in Erfurt, Germany, 17-19 May and will be available in the third quarter of 2022. Freemelt's systems use an electron beam to melt thin layers of metal powder into solid material, unlike most competitors who use a laser beam. The electron beam has several inherent advantages, most notably that you can melt at higher power and move the beam more than 100 times faster. This allows development of processes that are not possible in laser systems. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Martin Wildheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 07
Fredrik Berne Leaves as CFO of Freemelt Holding AB (Publ) Effective May 24, 2022 Fredrik Berne, Freemelt's CFO, has decided to leave his position. Fredrik Berne took office in connection with the company's IPO in the summer of 2021 and will end his employment on May 24, 2022. Announcement • Feb 22
Freemelt Holding AB (publ), Annual General Meeting, May 24, 2022 Freemelt Holding AB (publ), Annual General Meeting, May 24, 2022. Agenda: To consider that no dividend be paid. Board Change • Dec 31
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Martin Wildheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.