Upcoming Dividend • Aug 17
Upcoming dividend of kr0.32 per share Eligible shareholders must have bought the stock before 24 August 2026. Payment date: 28 August 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.2%). New Risk • Jul 28
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Significant insider selling over the past 3 months (€2.7m sold). Reported Earnings • Jul 09
Second quarter 2026 earnings released: EPS: €0.051 (vs €0.055 in 2Q 2025) Second quarter 2026 results: EPS: €0.051 (down from €0.055 in 2Q 2025). Revenue: €15.3m (flat on 2Q 2025). Net income: €4.96m (down 8.0% from 2Q 2025). Profit margin: 33% (down from 36% in 2Q 2025). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 20
Dividend of kr0.32 announced Shareholders will receive a dividend of kr0.32. Ex-date: 24th August 2026 Payment date: 28th August 2026 Dividend yield will be 10%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 17
Eastnine AB (publ) to Report Fiscal Year 2025 Results on Mar 26, 2026 Eastnine AB (publ) announced that they will report fiscal year 2025 results at 1:30 PM, Central European Standard Time on Mar 26, 2026 Announcement • Mar 13
Hanna Loikkanen Declines Re-Election as Board Member of Eastnine AB (Publ) Eastnine AB (publ) announced that Hanna Loikkanen has declined from position at the board re-election. Announcement • Feb 06
Eastnine AB (Publ) Proposes Dividend The Board of Directors of Eastnine AB (publ) proposed an increased dividend to SEK 1.28 per share (1.20), payable on a quarterly basis at SEK 0.32 per share (0.30). The proposed dividend entails an increase of 7% and corresponds to 41% of profit from property management less current tax. Announcement • Dec 05
Eastnine AB Announces Chief Financial Officer Changes Eastnine AB has appointed Adela Colakovic as the new Chief Financial Officer, effective early June 2026. Adela Colakovic comes from a position as CFO at Annehem Fastigheter. Britt-Marie Nyman will remain as CFO until Adela's appointment in early June 2026. Announcement • Sep 25
Eastnine AB (publ), Annual General Meeting, Apr 29, 2026 Eastnine AB (publ), Annual General Meeting, Apr 29, 2026. Announcement • Mar 20
Eastnine AB (Publ) Proposes Dividend, Payable on 7 May 2025, 29 August 2025, 14 November 2025 and 23 January 2026 Eastnine AB (publ) announced that at its AGM to be held on 29 April 2025, Board of Directors proposes a dividend to the shareholders corresponding to SEK 1.20 per share and that the remaining profits are carried forward. The Board of Directors proposes that the dividend is distributed on four payment occasions of SEK 0.30 per share and dividend occasion. As record dates for the dividend the following dates are proposed: 2 May 2025; 26 August 2025; 11 November 2025; and 20 January 2026. If the Annual General Meeting resolves in accordance with the proposal, it is expected that Euroclear Sweden AB will distribute the dividend payment on the third banking day following each respective record day, being the following dates: 7 May 2025; 29 August 2025; 14 November 2025; and 23 January 2026. Announcement • Feb 17
Eastnine AB (publ) Strengthens its Management Group Eastnine AB (publ) announced it strengthens the management group with Emil Holmström, Chief Investment Officer, Eric Stadler, as Head of Finance, who are all existing employees in Eastnine. Announcement • Feb 07
Eastnine AB (publ) Proposes Dividend The Board of Eastnine AB (publ) proposed an increase in dividend to SEK 1.20 per share (1.16) to be distributed through quarterly instalments of SEK 0.30 per share. The dividend corresponds to 50% of profit from property management, less current tax. Announcement • Nov 27
Eastnine AB (publ) (OM:EAST) acquired Apollo Invest Spolka Z Ograniczona Odpowiedzialnoscia from Warsaw Unit. Eastnine AB (publ) (OM:EAST) acquired Apollo Invest Spolka Z Ograniczona Odpowiedzialnoscia from Warsaw Unit on November 26, 2024. The purchase price was based on an underlying property value of €280 million. The acquisition was financed with existing cash, a secured five-year green bank loan of €168 million from German and Vienna-based lenders Helaba and Erste Group in equal parts, and a separately communicated new issue of 8,760,684 new shares in Eastnine at long-term Net Asset Value (NAV) per share to the seller, Warsaw Unit NV. The purchase price was based on an underlying property value of €280 million.
Eastnine AB (publ) (OM:EAST) completed the acqusition of Apollo Invest Spolka Z Ograniczona Odpowiedzialnoscia from Warsaw Unit on November 26, 2024. Ewelina Klein, Martyna Racz-Suchocka and Bartlomiej Kordeczka of Dentons acted as legal advisor for Ghelamco Group. Declared Dividend • Nov 17
Dividend of kr0.29 announced Shareholders will receive a dividend of kr0.29. Ex-date: 20th January 2025 Payment date: 24th January 2025 Dividend yield will be 12%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (147% earnings payout ratio). However, it is well covered by cash flows (43% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 63% to bring the payout ratio under control. EPS is expected to grow by 167% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Upcoming Dividend • Nov 04
Upcoming dividend of kr0.29 per share Eligible shareholders must have bought the stock before 11 November 2024. Payment date: 15 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.5%). Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: €0.009 (vs €0.29 loss in 3Q 2023) Third quarter 2024 results: EPS: €0.009 (up from €0.29 loss in 3Q 2023). Revenue: €10.7m (up 18% from 3Q 2023). Net income: €801.0k (up €26.4m from 3Q 2023). Profit margin: 7.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Announcement • Oct 03
Eastnine AB (Publ) Announces Composition of Nomination Committee The members of Eastnine's Nomination Committee for the Annual General Meeting 2025 have been appointed. The Nomination Committee comprises Anna Elam representing East Capital Holding and Peter Elam Håkansson, Erik Haegerstrand representing Bonnier Fastigheter Invest and Martin Zetterström representing Arbona, in addition to Liselotte Hjorth in her role as Chairman of the Board of Directors of Eastnine. The members of the Nomination Committee have been appointed based on the ownership structure as of 31 August 2024, with Liselotte Hjorth as convening. The Nomination Committee of Eastnine is to comprise of at least three but no more than four members, of which up to three members shall be appointed by the three largest shareholders or group of shareholders, controlling the largest number of votes, that wish to appoint a representative. The fourth member shall be the Chairman of the Board of Directors. The Nomination Committee shall prepare and present proposals regarding the election of Board of Directors, Chairman of the Annual General Meeting (AGM), Chairman of the Board and Statutory Auditor. The Nomination Committee shall also propose remuneration to the members of the Board of Directors, Board committees and Statutory Auditor to the AGM 2025. Declared Dividend • Aug 28
Dividend of kr0.29 announced Shareholders will receive a dividend of kr0.29. Ex-date: 11th November 2024 Payment date: 15th November 2024 Dividend yield will be 13%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 9x free cash flows). The dividend has increased by an average of 18% per year over the past 9 years and payments have been stable during that time. Upcoming Dividend • Aug 19
Upcoming dividend of kr0.29 per share Eligible shareholders must have bought the stock before 26 August 2024. Payment date: 30 August 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.6%). Reported Earnings • Jul 08
Second quarter 2024 earnings released: EPS: €0.004 (vs €0.39 loss in 2Q 2023) Second quarter 2024 results: EPS: €0.004 (up from €0.39 loss in 2Q 2023). Revenue: €9.35m (up 2.8% from 2Q 2023). Net income: €315.0k (up €35.2m from 2Q 2023). Profit margin: 3.4% (up from net loss in 2Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Announcement • Jun 13
Eastnine AB (publ) (OM:EAST) acquired Nowy Rynek E from Skanska AB (publ) (OM:SKA B) for €79.3 million. Eastnine AB (publ) (OM:EAST) acquired Nowy Rynek E from Skanska AB (publ) (OM:SKA B) for €79.3 million on June 11, 2024. The acquisition is financed by a green loan from Berlin Hyp, one of the leading German real estate banks, and with cash.
Eastnine AB (publ) (OM:EAST) completed the acquisition of Nowy Rynek E from Skanska AB (publ) (OM:SKA B) on June 11, 2024. Declared Dividend • Apr 28
Dividend of kr1.16 announced Shareholders will receive a dividend of kr1.16. Ex-date: 26th August 2024 Payment date: 30th August 2024 Dividend yield will be 10%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (52% cash payout ratio). The dividend has increased by an average of 20% per year over the past 8 years and payments have been stable during that time. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: €0.23 (vs €0.53 loss in 1Q 2023) First quarter 2024 results: EPS: €0.23 (up from €0.53 loss in 1Q 2023). Revenue: €9.06m (flat on 1Q 2023). Net income: €5.03m (up €16.7m from 1Q 2023). Profit margin: 56% (up from net loss in 1Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Upcoming Dividend • Apr 19
Upcoming dividend of kr1.16 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Declared Dividend • Apr 01
Fourth quarter dividend of kr1.16 announced Shareholders will receive a dividend of kr1.16. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 9.2%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (53% cash payout ratio). The dividend has increased by an average of 21% per year over the past 8 years. However, payments have been volatile during that time. Announcement • Mar 20
Eastnine AB (publ) Proposes Dividend, Payable on 3 May 2024, 30 August 2024, 15 November 2024 and 24 January 2025 Eastnine AB (publ) announced that at its AGM to be held on April 25, 2024, the Board of Directors proposed a dividend to the shareholders corresponding to SEK 4.64 per share and that the remaining profits are carried forward. The Board of Directors proposed that the dividend is distributed on four payment occasions of SEK 1.16 per share and dividend occasion. As record dates for the dividend the following dates are proposed: 29 April 2024; 27 August 2024; 12 November 2024; and 21 January 2025. If the Annual General Meeting resolves in accordance with the proposal, it is expected that Euroclear Sweden AB will distribute the dividend payment on the third banking day following each respective record day, being the following dates: 3 May 2024; 30 August 2024; 15 November 2024; and 24 January 2025. Announcement • Mar 13
Eastnine AB (Publ) Announces Board Changes Eastnine AB (publ) at the Annual General Meeting to be held on April 25, 2024, Peter Wågström has declined re-election. The Nomination Committee for the 2024 Annual General Meeting consists of: Karine Hirn, as a representative for Peter Elam Håkansson and East Capital Holding (Chairman of the Nomination Committee); Erik Haegerstrand, as a representative of Bonnier Fastigheter Invest; Martin Zetterström, as a representative of Arbona; Liselotte Hjorth, in her capacity as Chairman of the Board of Eastnine. Announcement • Mar 12
Eastnine AB (publ) to Report Fiscal Year 2023 Final Results on Mar 26, 2024 Eastnine AB (publ) announced that they will report fiscal year 2023 final results at 3:00 PM, Central European Standard Time on Mar 26, 2024 Reported Earnings • Feb 08
Full year 2023 earnings released: €3.24 loss per share (vs €4.89 profit in FY 2022) Full year 2023 results: €3.24 loss per share (down from €4.89 profit in FY 2022). Revenue: €36.2m (up 19% from FY 2022). Net loss: €72.0m (down 166% from profit in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Upcoming Dividend • Jan 15
Upcoming dividend of kr0.85 per share at 1.9% yield Eligible shareholders must have bought the stock before 22 January 2024. Payment date: 26 January 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.3%). Recent Insider Transactions • Nov 16
Chief Executive Officer recently bought €429k worth of stock On the 9th of November, Kestutis Sasnauskas bought around 32k shares on-market at roughly €13.61 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kestutis' only on-market trade for the last 12 months. Recent Insider Transactions • Nov 09
Insider recently bought €290k worth of stock On the 6th of November, Lars Peter Håkansson bought around 22k shares on-market at roughly €13.28 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €425k more in shares than they have sold in the last 12 months. Upcoming Dividend • Nov 06
Upcoming dividend of kr0.85 per share at 2.1% yield Eligible shareholders must have bought the stock before 13 November 2023. Payment date: 17 November 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.5%). Reported Earnings • Oct 27
Third quarter 2023 earnings released: €1.15 loss per share (vs €2.95 profit in 3Q 2022) Third quarter 2023 results: €1.15 loss per share (down from €2.95 profit in 3Q 2022). Revenue: €9.06m (up 10% from 3Q 2022). Net loss: €25.6m (down 139% from profit in 3Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Announcement • Sep 29
Eastnine AB (publ), Annual General Meeting, Apr 25, 2024 Eastnine AB (publ), Annual General Meeting, Apr 25, 2024. Agenda: To consider the executive changes. Recent Insider Transactions • Sep 19
Insider recently bought €69k worth of stock On the 15th of September, Lars Peter Håkansson bought around 5k shares on-market at roughly €13.26 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €120k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 24
Insider recently bought €51k worth of stock On the 21st of August, Lars Peter Håkansson bought around 4k shares on-market at roughly €12.71 per share. This transaction amounted to less than 1% 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. Upcoming Dividend • Aug 14
Upcoming dividend of kr0.85 per share at 2.4% yield Eligible shareholders must have bought the stock before 21 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (54% net profit margin). Announcement • Aug 11
LLC GEM Invest completed the acquisition of unknown minority stake in Public Joint Stock Company Melon Fashion Group from Eastnine AB (publ) (OM:EAST) and other shareholders. LLC GEM Invest entered into an agreement to acquire unknown minority stake in Public Joint Stock Company Melon Fashion Group from Eastnine AB (publ) (OM:EAST) and other shareholders on August 7, 2023. The purchase price for Eastnine’s 36% stake is approximately RUB 15.6 billion. The completion of the transaction is subject to significant uncertainties and risks, e.g. disbursement of financing, cooperation of financial institutions and the risk of further sanctions and actions by authorities. The transaction is planned to be completed within the next two weeks. The transaction will take place in several steps and these have been approved by the Federal Antimonopoly Service (FAS of Russia) and the Governmental Commission for Control over Foreign Investments in the Russian Federation.LLC GEM Invest completed the acquisition of unknown minority stake in Public Joint Stock Company Melon Fashion Group from Eastnine AB (publ) (OM:EAST) and other shareholders on August 10, 2023. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €10.66, the stock trades at a trailing P/E ratio of 12.7x. Average forward P/E is 5x in the Real Estate industry in Germany. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.86 per share. Announcement • Aug 08
LLC GEM Invest entered into an agreement to acquire unknown minority stake in Public Joint Stock Company Melon Fashion Group from Eastnine AB (publ) (OM:EAST) and other shareholders. LLC GEM Invest entered into an agreement to acquire unknown minority stake in Public Joint Stock Company Melon Fashion Group from Eastnine AB (publ) (OM:EAST) and other shareholders on August 7, 2023. The purchase price for Eastnine’s 36% stake is approximately RUB 15.6 billion. The completion of the transaction is subject to significant uncertainties and risks, e.g. disbursement of financing, cooperation of financial institutions and the risk of further sanctions and actions by authorities. The transaction is planned to be completed within the next two weeks. The transaction will take place in several steps and these have been approved by the Federal Antimonopoly Service (FAS of Russia) and the Governmental Commission for Control over Foreign Investments in the Russian Federation. New Risk • Jul 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 54% Last year net profit margin: 422% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (54% net profit margin). Reported Earnings • Jul 07
Second quarter 2023 earnings released: €1.57 loss per share (vs €3.45 profit in 2Q 2022) Second quarter 2023 results: €1.57 loss per share (down from €3.45 profit in 2Q 2022). Revenue: €9.09m (up 24% from 2Q 2022). Net loss: €34.9m (down 146% from profit in 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 28% decline forecast for the Real Estate industry in Germany. Reported Earnings • May 05
First quarter 2023 earnings released: €0.53 loss per share (vs €1.50 loss in 1Q 2022) First quarter 2023 results: €0.53 loss per share (improved from €1.50 loss in 1Q 2022). Revenue: €9.05m (up 45% from 1Q 2022). Net loss: €11.7m (loss narrowed 65% from 1Q 2022). Upcoming Dividend • Apr 27
Upcoming dividend of kr0.85 per share at 3.5% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 6.2% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.8%). Announcement • Feb 10
Eastnine AB (publ) to Report Fiscal Year 2022 Results on Mar 29, 2023 Eastnine AB (publ) announced that they will report fiscal year 2022 results on Mar 29, 2023 Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: €4.89 (vs €3.27 in FY 2021) Full year 2022 results: EPS: €4.89 (up from €3.27 in FY 2021). Revenue: €30.3m (up 41% from FY 2021). Net income: €108.6m (up 50% from FY 2021). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Announcement • Feb 08
Eastnine AB (Publ) Proposes Dividend Eastnine AB (publ) Board of Directors proposed a dividend of SEK 3.40 per share (3.00), to be distributed quarterly on four payment occasions of 0.85 SEK/share per occasion. The proposed dividend corresponds to 51% of the profit from property management less current tax. Upcoming Dividend • Jan 16
Upcoming dividend of kr0.75 per share Eligible shareholders must have bought the stock before 23 January 2023. Payment date: 27 January 2023. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Upcoming Dividend • Nov 07
Upcoming dividend of kr0.75 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 6.2% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.1%). Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 26% share price gain to €9.07, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Real Estate industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €4.50 per share. Upcoming Dividend • Aug 08
Upcoming dividend of kr0.75 per share Eligible shareholders must have bought the stock before 15 August 2022. Payment date: 19 August 2022. Payout ratio is a comfortable 6.2% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.7%). Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 18% share price gain to €9.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Real Estate industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €3.93 per share. Reported Earnings • Jul 15
Second quarter 2022 earnings released: EPS: €3.45 (vs €0.28 in 2Q 2021) Second quarter 2022 results: EPS: €3.45 (up from €0.28 in 2Q 2021). Revenue: €7.35m (up 36% from 2Q 2021). Net income: €76.6m (up €70.5m from 2Q 2021). Over the next year, revenue is forecast to grow 26% compared to a 44% decline forecast for the industry in Germany. Recent Insider Transactions • May 15
Director recently bought €104k worth of stock On the 10th of May, Lars Peter Håkansson bought around 11k shares on-market at roughly €9.46 per share. In the last 3 months, they made an even bigger purchase worth €104k. Insiders have collectively bought €12m more in shares than they have sold in the last 12 months. Reported Earnings • May 05
First quarter 2022 earnings released: €1.50 loss per share (vs €0.26 profit in 1Q 2021) First quarter 2022 results: €1.50 loss per share (down from €0.26 profit in 1Q 2021). Revenue: €6.23m (up 22% from 1Q 2021). Net loss: €33.2m (down €38.9m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 18% compared to a 32% decline forecast for the industry in Germany. Announcement • Apr 27
Eastnine AB (publ) Announces Dividend, Payable on 3 May 2022, 19 August 2022, 18 November 2022 and 27 January 2023 Respectively Eastnine AB (publ) at its Annual General Meeting approved that dividends to the shareholders shall be paid in an amount corresponding to SEK 3.00 per share. The dividend is distributed on four payout occasions of SEK 0.75 per share each. Dividend record dates are 28 April 2022, 16 August 2022, 15 November 2022 and 24 January 2023 respectively. Dividends are expected to be paid through Euroclear Sweden on 3 May 2022, 19 August 2022, 18 November 2022 and 27 January 2023 respectively. Reported Earnings • Apr 07
Full year 2021 earnings released Full year 2021 results: EPS: €3.27. Revenue: €21.5m (up 12% from FY 2020). Net income: €72.3m (up 100% from FY 2020). Over the next year, revenue is forecast to grow 21% compared to a 34% decline forecast for the industry in Germany. 
