Reported Earnings • May 22
First quarter 2026 earnings released: kr0.023 loss per share (vs kr0.16 loss in 1Q 2025) First quarter 2026 results: kr0.023 loss per share (improved from kr0.16 loss in 1Q 2025). Revenue: kr216.0m (up 4.3% from 1Q 2025). Net loss: kr1.00m (loss narrowed 86% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 22% per year. Announcement • Apr 24
Seafire AB (publ), Annual General Meeting, May 22, 2026 Seafire AB (publ), Annual General Meeting, May 22, 2026, at 13:00 W. Europe Standard Time. Location: seafire office on master samuelsgatan 9, stockholm Sweden Announcement • Mar 05
Seafire AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 140.108268 million. Seafire AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 140.108268 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 25,707,939
Price\Range: SEK 5.45
Transaction Features: Rights Offering Announcement • Aug 21
Seafire AB (publ) to Report Fiscal Year 2025 Results on Feb 20, 2026 Seafire AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 20, 2026 Announcement • Mar 31
Seafire AB (publ) Announces Jacob Persson, CFO, Intends to Leave Seafire AB (publ) announced CFO Jacob Persson has decided to leave the company for a new position outside the group in another industry. Jacob Persson has been CFO at Seafire since 2021 and was appointed acting CEO for parts of 2024. Jacob Persson will leave his position in the third quarter and a recruitment process to find his replacement will begin immediately. Announcement • Mar 21
Seafire AB (publ), Annual General Meeting, Apr 24, 2025 Seafire AB (publ), Annual General Meeting, Apr 24, 2025, at 15:00 W. Europe Standard Time. Location: at advokatfirman lindahls offices, on smalandsgatan 16, stockholm Sweden Reported Earnings • Nov 08
Third quarter 2024 earnings released: kr0.093 loss per share (vs kr0.21 loss in 3Q 2023) Third quarter 2024 results: kr0.093 loss per share (improved from kr0.21 loss in 3Q 2023). Revenue: kr213.0m (down 8.6% from 3Q 2023). Net loss: kr4.00m (loss narrowed 56% from 3Q 2023). Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.65 loss per share (vs kr0.23 profit in 2Q 2023) Second quarter 2024 results: kr0.65 loss per share (down from kr0.23 profit in 2Q 2023). Revenue: kr274.0m (down 5.5% from 2Q 2023). Net loss: kr28.0m (down 380% from profit in 2Q 2023). New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (€23.1m market cap, or US$25.1m). Board Change • May 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Marcus Soderberg is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Seafire AB (Publ) Announces Board Appointments Seafire AB (publ) at its Annual General Meeting of held on April 24, 2024, Sonny Mirborn was elected as a new member of the Board of Directors. Anders Hillerborg was elected Chairman of the Board. Announcement • Apr 18
Joachim Berner Declines Re-Election as Chairman of the Board At Seafire AB (Publ) Seafire AB (publ) announced that Joachim Berner has informed the nomination committee that he declines re-election as Chairman of the board at Seafire. Announcement • Apr 14
Seafire AB (publ) Appoints Daniel Repfennig as CEO The Board of Seafire AB (publ) has appointed Daniel Repfennig as the new Chief Executive Officer and President. He assumes his position as soon as possible, but on 16 September at the latest. Repfennig has many years of experience in corporate development and has many years of experience in corporate development and investment operations at Ratos, Solix and most recently as a director at Polaris Private Equity. Prior to this, he worked as a management consultant at Arthur D. Little. Repfennig is 40 years old and holds a Master of Science in Industrial Engineering and Management from the Royal Institute of Technology and a Bachelor’s degree in Business Administration from Stockholm University. Reported Earnings • Apr 05
Full year 2023 earnings released: kr1.17 loss per share (vs kr0.22 profit in FY 2022) Full year 2023 results: kr1.17 loss per share (down from kr0.22 profit in FY 2022). Revenue: kr1.04b (up 16% from FY 2022). Net loss: kr50.0m (down kr56.4m from profit in FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Reported Earnings • Feb 26
Full year 2023 earnings released: kr1.17 loss per share (vs kr0.22 profit in FY 2022) Full year 2023 results: kr1.17 loss per share (down from kr0.22 profit in FY 2022). Revenue: kr1.04b (up 16% from FY 2022). Net loss: kr50.0m (down kr56.4m from profit in FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Capital Markets industry in Germany. New Risk • Feb 25
New major risk - Revenue and earnings growth Earnings have declined by 7.0% 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 7.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€18.8m market cap, or US$20.4m). Announcement • Feb 25
Seafire AB (publ) to Report Q1, 2024 Results on Apr 24, 2024 Seafire AB (publ) announced that they will report Q1, 2024 results at 12:00 PM, Central European Standard Time on Apr 24, 2024 Announcement • Nov 04
Protector Forsikring ASA (OB : PROT) acquired additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF). Protector Forsikring ASA (OB : PROT) acquired additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF) on October 30, 2023. Protector Forsikring ASA (OB : PROT) completed the acquisition of additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF) on October 30, 2023. New Risk • Oct 31
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 8.5% 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 (8.5% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr86m). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (€24.7m market cap, or US$26.1m). Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: kr0.21 (vs kr0.47 in 2Q 2022) Second quarter 2023 results: EPS: kr0.21 (down from kr0.47 in 2Q 2022). Revenue: kr288.0m (up 1.7% from 2Q 2022). Net income: kr9.00m (down 35% from 2Q 2022). Profit margin: 3.1% (down from 4.9% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Recent Insider Transactions • Mar 28
COO, Head of Industry & Director recently sold €65k worth of stock On the 21st of March, Markus Akerstedt sold around 40k shares on-market at roughly €1.64 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Markus' only on-market trade for the last 12 months. Recent Insider Transactions • Mar 06
Independent Director recently bought €51k worth of stock On the 27th of February, Tord Lendau bought around 29k shares on-market at roughly €1.75 per share. This transaction amounted to 5.8% 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 €53k. Insiders have collectively bought €172k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: kr0.22 (vs kr0.95 loss in FY 2021) Full year 2022 results: EPS: kr0.22 (up from kr0.95 loss in FY 2021). Revenue: kr934.5m (up 122% from FY 2021). Net income: kr6.40m (up kr19.8m from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Capital Markets industry in Germany. Recent Insider Transactions • Jan 22
Chief Executive Officer recently bought €53k worth of stock On the 19th of January, Johan Bennarsten bought around 26k shares on-market at roughly €2.05 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Johan has been a buyer over the last 12 months, purchasing a net total of €94k worth in shares. Announcement • Dec 24
Seafire AB (publ) agreed to acquire Borö-Pannan and ESC D.O.O. for approximately SEK 140 million. Seafire AB (publ) agreed to acquire Borö-Pannan and ESC D.O.O. for approximately SEK 140 million on December 22, 2022. The purchase price includes SEK 105 million to be paid in cash, SEK 5 million in Seafire shares and SEK 10 million per year during 2023-2025 if EBITDA of SEK 20 million is reached. The transaction is expected to close in January 2023. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: kr0.041 (vs kr0.17 loss in 3Q 2021) Third quarter 2022 results: EPS: kr0.041 (up from kr0.17 loss in 3Q 2021). Revenue: kr237.1m (up 132% from 3Q 2021). Net income: kr1.20m (up kr3.35m from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Capital Markets industry in Germany. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: kr0.47 (vs kr0.19 in 2Q 2021) Second quarter 2022 results: EPS: kr0.47 (up from kr0.19 in 2Q 2021). Revenue: kr284.9m (up 171% from 2Q 2021). Net income: kr13.9m (up kr11.8m from 2Q 2021). Profit margin: 4.9% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 37% compared to a 3.1% decline forecast for the Capital Markets industry in Germany. Announcement • Jun 01
Seafire acquired Opo Scandinavia from Small Cap Partners for SEK 92 million. Seafire acquired Opo Scandinavia from Small Cap Partners for SEK 92 million on May 31, 2022. The purchase price amounted to SEK 82 million (EUR 7.79 million USD 8.37 million) on a debt-free basis, plus a variable additional purchase price of SEK 10 million. In the 12-month period ending on 31 March 2022, Opo Scandinavia's turnover amounted to SEK 64 million, and EBITDA amounted to SEK 16 million.
Seafire completed the acquisition of Opo Scandinavia from Small Cap Partners for SEK 92 million on May 31, 2022. Reported Earnings • May 02
First quarter 2022 earnings released: kr0.14 loss per share (vs kr0.64 loss in 1Q 2021) First quarter 2022 results: kr0.14 loss per share (up from kr0.64 loss in 1Q 2021). Revenue: kr168.9m (up 122% from 1Q 2021). Net loss: kr3.80m (loss narrowed 40% from 1Q 2021). Over the next year, revenue is forecast to grow 61% compared to a 7.5% decline forecast for the industry in Germany. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Sara Wallin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: kr0.95 loss per share (down from kr0.049 loss in FY 2020). Revenue: kr428.6m (up 94% from FY 2020). Net loss: kr13.4m (loss widened kr12.9m from FY 2020). Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 72% compared to a 5.6% decline forecast for the funds industry in Germany. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Sara Wallin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 