Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman & Advisor Staale Risa was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
Done.ai Group AB, Annual General Meeting, May 12, 2026 Done.ai Group AB, Annual General Meeting, May 12, 2026, at 14:00 W. Europe Standard Time. Location: bahr advokatbyra on birger jarlsgatan 16, 114 34 stockholm, stockholm Sweden Announcement • Feb 26
Done.ai Group AB (OM:DONE) signed an agreement to acquire Vilect AS for an enterprise value of NOK 6.5 million. Done.ai Group AB (OM:DONE) signed an agreement to acquire Vilect AS for an enterprise value of NOK 6.5 million on February 25, 2026. The implied enterprise value, on a cash and debt free basis, of Vilect amounts to NOK 6.5 million. The purchase price will be fully financed through a seller’s credit which will be converted into newly issued shares in Done.ai at a subscription price of SEK 16 (NOK 16.9).
Vilect has generated revenue of NOK 7.3 million for 2025.
The transaction is expected to close in the coming weeks, subject to customary closing conditions. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman & Advisor Staale Risa was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 20
Done.Ai Group AB Announces Resignation of Kim Kåsene as Chief Commercial Officer Done.ai Group AB announced that Kim Kåsene has stepped down from his role as Chief Commercial Officer (CCO) of Done.ai and that his employment is terminated with immediate effect. In the interim, Done.ai’s management team will jointly take over and oversee commercial operations. Announcement • Aug 12
Done.ai Group AB (OM : DONE) completed the acquisition of Huddlestock Investor Services AS from Huddlestock Fintech AS (OB:HUDL). Done.ai Group AB (OM : DONE) entered into an agreement to acquire Huddlestock Investor Services AS, Bricknode Platform AB and Bricknode Software AB from Huddlestock Fintech AS (OB:HUDL) for NOK 81 million on April 14, 2025. The purchase price is approximately NOK 81 million (incl preliminary adjustments), based on an agreed enterprise value of NOK 70 million, adjusted for net cash. NOK 10 million will be settled in cash at closing, while NOK 71 million will eventually be paid in newly issued shares of Done ai, of which 20 per cent will be distributed to Huddlestock’s shareholders. The Transaction is subject to certain customary closing conditions and is expected to be completed by April 23, 2025 with distribution of shares anticipated August 15, 2025. NOK 56 million will be issued as a seller’s credit upon Closing being convertible into shares in Done.ai by August 15, 2025. Upon transfer of HIS, being subject to approval from the Norwegian Financial Authorities (Finanstilsynet), the seller´s credit will be increased to NOK 71 million. The conversion price will be in accordance with identified subscription price in potential share issue in Done.ai prior to 15 august 2025. If a relevant share issue has not occurred within said date Huddlestock can decide to convert based on VWAP price of the Done.ai share whereby Done.ai can decide to redeem the Vendor Note in cash.
The acquired IaaS businesses currently generate annual revenues of approximately MSEK 30 and employ 17 professionals.
The Transfer of Huddlestock Investor Services AS is subject to approval from the Norwegian Financial Authority (Finanstilsynet), whereby the transfer of the HIS shares will be completed following such approval. As of April 24, 2025, the acquisition of Huddlestock Technologies AB and Huddlestock AB was completed and NOK 10 million was paid in cash and NOK 56 million as seller’s credit. The second closing, covering Huddlestock Investor Services AS, is pending regulatory approval.
Done.ai Group AB (OM : DONE) completed the acquisition of Huddlestock Investor Services AS from Huddlestock Fintech AS (OB:HUDL) on August 11, 2025. The final settlement of 13.2MNOK is completed as a seller’s credit, which will be converted to equity in Done.ai at 14 SEK per share latest by the end of August 2025. The deal received approval from the Norwegian Financial Supervisory Authority. Announcement • Jun 19
Done.ai Group AB (OM:DONE) entered into a definitive agreement to acquire Jcloud As for NOK 11.3 million. Done.ai Group AB (OM:DONE) entered into a definitive agreement to acquire Jcloud As for NOK 11.3 million on June 19, 2025. 50% of the purchase price is payable in cash at completion and 50% is issued as a seller credit, convertible into shares in the Company by November 30, 2025 upon the Company’s written notice. In a related tranasaction Done.ai has entered into a definitive agreements to acquire Debet AS, wholly owned by R-Venture AS, and 65% in stake in Fullstakk Marketing AS from R-Venture AS, the majority shareholder of Done.ai. The combined consideration for the three acquisitions amounts to approximately NOK 61.8 million, of which NOK 30.9 million will be paid in cash at closing and NOK 30.9 million will be structured as seller credit. The acquisitions of Debet AS and Fullstakk Marketing AS constitute related-party transactions and completion of the transactions are therefore subject to shareholder approval at an upcoming general meeting. All transactions are expected to close shortly thereafter.
Partner Fondkommission AB acted as financial advisor for Done.ai Group AB. Announcement • Jun 17
Done.ai Group AB (OM:DONE) signed a letter of intent to acquire EXACCTA SERVICIOS DIGITALES, S.L for €2.9 million. Done.ai Group AB (OM:DONE) signed a letter of intent to acquire EXACCTA SERVICIOS DIGITALES, S.L for €2.9 million on June 17, 2025. A cash consideration of €2 million will be paid by Done.ai Group AB. The consideration consists of common equity of Done.ai Group AB having a value of €2 million to be issued for common equity of EXACCTA SERVICIOS DIGITALES, S.L. As part of consideration, €4 million is paid towards common equity of EXACCTA SERVICIOS DIGITALES, S.L.
The transaction is subject to approval of offer by Done.ai Group board, consummation of due diligence investigation and definitive agreement. The transaction is expected to complete within coming 3 months. Partner Fondkommission AB acted as financial advisor to Done.ai Group AB. Announcement • May 28
Done.ai Group AB has completed a Follow-on Equity Offering in the amount of SEK 79.99999 million. Done.ai Group AB has completed a Follow-on Equity Offering in the amount of SEK 79.99999 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 5,714,285
Price\Range: SEK 14
Transaction Features: Subsequent Direct Listing Announcement • May 07
Done.ai Group AB has entered into an agreement acquire 80% stake in Ebfs Ventures As from 247ventures As for NOK 5.1 million. Done.ai Group AB has entered into an agreement acquire 80% stake in Ebfs Ventures As from 247ventures As for NOK 5.1 million on May 7, 2025. The consideration will be settled in a combination of cash and Done.ai shares. 247Ventures AS will maintain an ownership stake of approximately 20% in metamanager. metamanager founder and CEO Erik Kulsrud Bonsaksen will join Done.ai’s product leadership team as Chief Product Officer for CRM and marketing business area.
For the period ending December 31, 2024, Ebfs Ventures As reported total revenue of NOK 2 million.
Partner Fondkommission AB acted as financial advisor to 247ventures As. Announcement • May 05
Done.ai Group AB to Report Q1, 2025 Results on May 22, 2025 Done.ai Group AB announced that they will report Q1, 2025 results on May 22, 2025 Announcement • Apr 15
24SevenOffice Group AB (publ) (OM:247) entered into an agreement to acquire Trac Services AS, Bricknode Platform AB and Bricknode Software AB from Huddlestock Fintech AS (OB:HUDL) for NOK 81 million. 24SevenOffice Group AB (publ) (OM:247) entered into an agreement to acquire Trac Services AS, Bricknode Platform AB and Bricknode Software AB from Huddlestock Fintech AS (OB:HUDL) for NOK 81 million on April 14, 2025. The purchase price is approximately NOK 81 million (incl preliminary adjustments), based on an agreed enterprise value of NOK 70 million, adjusted for net cash. NOK 10 million will be settled in cash at closing, while NOK 71 million will eventually be paid in newly issued shares of Done ai, of which 20 per cent will be distributed to Huddlestock’s shareholders. The Transaction is subject to certain customary closing conditions and is expected to be completed by April 23, 2025 with distribution of shares anticipated August 15, 2025. NOK 56 million will be issued as a seller’s credit upon Closing being convertible into shares in Done.ai by August 15, 2025. Upon transfer of HIS, being subject to approval from the Norwegian Financial Authorities (Finanstilsynet), the seller´s credit will be increased to NOK 71 million. The conversion price will be in accordance with identified subscription price in potential share issue in Done.ai prior to 15 august 2025. If a relevant share issue has not occurred within said date Huddlestock can decide to convert based on VWAP price of the Done.ai share whereby Done.ai can decide to redeem the Vendor Note in cash.
The Transfer of Huddlestock Investor Services AS is subject to approval from the Norwegian Financial Authority (Finanstilsynet), whereby the transfer of the HIS shares will be completed following such approval. Announcement • Apr 11
Done.ai Group AB Announces Chief Financial Officer Changes Done.ai Group AB announced the appointment of Philip Gunnarsson as Chief Financial Officer (CFO), effective May 16, 2025. Philip brings a wealth of experience in financial leadership, capital markets and strategic growth. Most recently, he has served as Investment Director at Athanase Innovation in New York. Prior to that, he was Group CFO of DistIT AB (publ). Philip also has extensive experience in public equity investments from his role as Investment Manager at Athanase Industrial Partner, building on a foundation in M&A and corporate finance from his earlier investment banking career at Citigroup in London and Stockholm. Philip holds a Master of Science in Finance from Imperial College London and Bachelors of Science in Business Administration and Economics from Uppsala University and Singapore Management University. Philip will formally assume his role as CFO on May 16, 2025. Staffan Herbst, who has held both the CEO and CFO roles to date, will continue as CEO. Announcement • Apr 02
SevenOffice Group AB (publ) (OM:247) acquired Spend Management company for SEK 9 million. 24SevenOffice Group AB (publ) (OM:247) acquired Spend Management company for SEK 9 million on April 1, 2025. A cash consideration will be paid by 24SevenOffice Group AB (publ). The acquisition is valued at approximately SEK 9 million, settled in a combination of cash and shares.
For the period ending December 31, 2024, Spend Management company reported total revenue of SEK 4 million.
24SevenOffice Group AB (publ) (OM:247) completed the acquisition of Spend Management company on April 1, 2025. Announcement • Mar 12
24SevenOffice Group AB (publ), Annual General Meeting, Apr 10, 2025 24SevenOffice Group AB (publ), Annual General Meeting, Apr 10, 2025, at 15:00 W. Europe Standard Time. Location: at baker mckenzie advokatbyra, vasagatan 7, stockholm Sweden Announcement • Jan 11
24SevenOffice Group AB Appoints Staffan Herbst as CEO 24SevenOffice Group AB announced the appointment of Staffan Herbst as Chief Executive Officer, effective immediately. Staffan, who has been a board member since May 2022, will now lead the group’s remaining businesses post the sale of the ERP division to KKR. He will be based in the Stockholm office, from where he will lead the group’s operations and strategic initiatives. Staffan brings a wealth of experience in leadership roles across technology-driven businesses, particularly in the fintech sector. His career spans senior positions in companies at the forefront of financial technology, where he has successfully driven growth and value creation. Through his previous roles, including as CFO for global organizations based in London, Staffan has a proven track record of driving financial strategy and operational excellence. This background equips him with the expertise to steer 24SevenOffice Group through its next phase of development and capitalize on the company’s market opportunities. Announcement • Jan 09
24Sevenoffice Group AB (Publ) Approves Dividend o\On 9 January 2025 the extra general meeting of 24SevenOffice Group AB was held and the following resolutions were passed by the meeting. The extra general meeting resolved, in accordance with the board of directors' proposal, on a dividend to the shareholders of SEK 6.85 per share, corresponding to a total amount of SEK 465,544,988.20, payable in cash. The board of directors were authorized to determine the record date for the dividend, which may not occur later than the day prior to the next annual general meeting. The dividend is expected to be paid through the agency of Euroclear Sweden AB approximately three business days after the record date for the dividend. According to the Company's latest approved balance sheet, the Company had SEK 491,251,814 in unrestricted equity. No value transfer has been resolved since the annual accounts were delivered. The available amount according to Chapter 17 § 3 first paragraph of the Swedish Companies Act thus amounts to SEK 491,251,814. The board of directors therefore assesses that the proposed dividend falls within the available capital. Announcement • Jan 01
An undisclosed buyer acquired 2.23% stake in 24SevenOffice Group AB (publ) (OM:247) from Staale Risa for SEK 34.8 million. An undisclosed buyer acquired 2.23% stake in 24SevenOffice Group AB (publ) (OM:247) from Staale Risa for SEK 34.8 million on December 30, 2024. A cash consideration valued at SEK 23 per share will be paid by the buyer. Partner Fondkommission is Certified Adviser to 24SevenOffie.
An undisclosed buyer completed the acquisition of 2.23% stake in 24SevenOffice Group AB (publ) (OM:247) from Staale Risa on December 30, 2024. Announcement • Dec 31
Accountor Enterprise Solutions Oy completed the acquisition of ERP Related Subsidiaries and Assets of 24SevenOffice Group AB (publ) (OM:247). Accountor Enterprise Solutions Oy signed an memorandum of understanding to acquire ERP Related Subsidiaries and Assets of 24SevenOffice Group AB (publ) (OM:247) for an enterprise value of SEK 2.4 billion on October 11, 2024. The purchase price will be paid by the Accountor to 24SevenOffice in cash upon completion of the Transaction. 24SevenOffice will retain several strategically important business units with high growth potential. Accountor has completed customary due diligence on the assets included in the Transaction, and the main terms of the Transaction have been agreed in the MOU. The Transaction is unanimously supported by the Board of Directors of 24SevenOffice (the “Board”). It is expected that definitive agreements will be executed within 30 days, provided that no competing offer is accepted by the Company.
Accountor Enterprise Solutions Oy entered into a definitive agreement to acquire ERP Related Subsidiaries and Assets of 24SevenOffice Group AB (publ) (OM:247) on November 12, 2024. Upon completion of the Transaction 24SevenOffice’s chief executive officer, Eirik Aalvik Stranden will resign from his position and become chief executive officer of the Target entities. Following the completion 24SevenOffice intends to continue operating as a listed company with its remaining operations. The Transaction will be fully settled in cash and completed upon the receipt of necessary clearances or approvals from the relevant competition authorities, approval by the 24SevenOffice’s shareholders and the completion of necessary separation steps. Closing is expected to take place by the end of 2024, subject to the timing of regulatory approvals. As of December 17, 2024, all Closing Conditions have been satisfied and the completion of the Transaction is contemplated to take place December 30, 2024.
Pareto Securities AB acted as financial advisor to 24SevenOffice Group AB (publ). DNB Markets acted as financial advisor to Accountor Enterprise Solutions Oy in the transaction. Christina Kokko, Matthias Pannier, Sofie Bjärtun, Daniel Wendelsson and Caroline Krassén of Advokatfirman Vinge KB acted as legal advisor for Abacus Bidco Oy which is the parent company of Accountor Enterprise. Clare Gaskell, Étienne Renaudeau, Sarah Lindley, Lori E. Lesser of Simpson Thacher & Bartlett LLP UK and US offices acted as legal advisors to Accountor Enterprise Solutions Oy in the transaction. Alvaro Membrillera, Pelin Demirdere Eski, Jef Dupont, Ian Barratt, Natasha Smith of Kirkland & Ellis International LLP acted as legal advisor to Accountor Enterprise Solutions Oy.
Accountor Enterprise Solutions Oy completed the acquisition of ERP Related Subsidiaries and Assets of 24SevenOffice Group AB (publ) (OM:247) on December 30, 2024. Announcement • Dec 19
24SevenOffice Group AB (publ) Proposes Dividend 24SevenOffice Group AB (publ) announced reference is made to the press release issued by the company on 12 November 2024 announcing that the company had entered into a definitive agreement (the Purchase Agreement) with Abacus Bidco Oy (the Purchaser) for the sale of certain subsidiaries and assets of 24SevenOffice (the Transaction). All closing conditions were satisfied on 17 December 2024 and the completion of the Transaction is contemplated to take place 30 December 2024. The board of directors has received numerous inquiries regarding the company's plans for distributing the dividend following receiving the proceeds from the Transaction. Due to limitations for distributing dividends pursuant to mandatory Swedish law, the dividend will be proposed to be paid in two instalments of around SEK 6.85 and SEK 16.65 per share, respectively, corresponding to a total dividend amount of SEK 23.50 per share, which is SEK 0.50 per share more than previously indicated by the company. The board of directors intends to propose that the first instalment of around SEK 6.85 per share is resolved upon at an extraordinary general meeting based on distributable amounts pursuant to the annual accounts for 2023. A notice to the extraordinary general meeting will be published shortly. The board of directors intends to propose that the second instalment of around SEK 16.65 per share is proposed to be resolved upon at the annual general meeting 2025, to be held after the annual accounts for 2024 has been finalized and audited. The company intends to finalise the annual accounts as soon as possible and aims to hold the annual general meeting by the end of first quarter 2025 and subject to shareholder approval of the Board of Directors' dividend proposal, distribute the second instalment to the shareholders shortly thereafter. Reported Earnings • Nov 13
Third quarter 2024 earnings released: kr0.21 loss per share (vs kr0.35 loss in 3Q 2023) Third quarter 2024 results: kr0.21 loss per share (improved from kr0.35 loss in 3Q 2023). Revenue: kr100.2m (up 23% from 3Q 2023). Net loss: kr14.6m (loss narrowed 37% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Nov 10
24SevenOffice Group AB Announces Settlement in the Dispute with the Founders of Busy Technologies AS The settlement agreement entails that 24SevenOffice Group AB will pay NOK 18 million as the final earnout payment for the shares in Busy Technologies AS owned by the founders (49.7% of the outstanding shares). The agreement is a final settlement for all claims and counterclaims between the parties. Each party will cover their own legal expenses. The Norwegian Tax Administration has issued a notice of amendment to Busy Technologies AS's tax filings for all previously received funding from the Norwegian SkatteFUNN, R&D tax incentive program, for the years 2018-2021. The notice entails a repayment of NOK 3.6 million in taxes. With this agreement, the dispute with the Busy founders is fully settled, and the legal proceedings are concluded. Reported Earnings • Aug 29
Second quarter 2024 earnings released: kr0.08 loss per share (vs kr0.59 loss in 2Q 2023) Second quarter 2024 results: kr0.08 loss per share (improved from kr0.59 loss in 2Q 2023). Revenue: kr100.1m (up 34% from 2Q 2023). Net loss: kr5.88m (loss narrowed 85% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 90% to €1.90. The fair value is estimated to be €1.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 26
24SevenOffice Group AB (publ) to Report Q3, 2024 Results on Oct 06, 2024 24SevenOffice Group AB (publ) announced that they will report Q3, 2024 results on Oct 06, 2024 Announcement • May 17
24Sevenoffice Group AB (Publ) Announces Board Changes and Establishes A Nomination Committee 24SevenOffice Group AB (publ) announced at annual general meeting held on May 15, 2024, the shareholders elected Linda Sannesmoen as new director for the period until the end of the next annual general meeting. It was further resolved to elect Staale Risa as chairman of the board for the period until the end of the next annual general meeting, thus Staale Risa leaves his assignment as vice chairman of the board. It is noted that Karl Anders Grønland has declined re-election. Establishment of a nomination committee and adoption of principles for the nomination committee: The AGM resolved, in accordance with the shareholder R-Venture AS's proposal, to establish a nomination committee and adopt principles for the nomination committee. The following persons were elected as members of the nomination committee until the end of the next annual general meeting: Stian Rustad, representing the shareholder ICT Group AS; Hans Arne Flåto, representing the shareholder R-Venture AS; and Snorre Realfsen, representing the shareholder Ebiz AS. It was resolved that Stian Rustad was appointed as chairman of the nomination committee. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: kr0.08 (vs kr0.64 loss in 1Q 2023) First quarter 2024 results: EPS: kr0.08 (up from kr0.64 loss in 1Q 2023). Revenue: kr105.1m (up 34% from 1Q 2023). Net income: kr5.67m (up kr47.7m from 1Q 2023). Profit margin: 5.4% (up from net loss in 1Q 2023). Reported Earnings • Apr 21
Full year 2023 earnings released: kr2.47 loss per share (vs kr3.16 loss in FY 2022) Full year 2023 results: kr2.47 loss per share (improved from kr3.16 loss in FY 2022). Revenue: kr327.3m (up 27% from FY 2022). Net loss: kr162.9m (loss narrowed 22% from FY 2022). Reported Earnings • Feb 29
Full year 2023 earnings released: kr2.47 loss per share (vs kr3.16 loss in FY 2022) Full year 2023 results: kr2.47 loss per share (improved from kr3.16 loss in FY 2022). Revenue: kr327.3m (up 27% from FY 2022). Net loss: kr162.9m (loss narrowed 22% from FY 2022). Announcement • Jan 30
24SevenOffice Group AB (publ) to Report Fiscal Year 2023 Results on Feb 28, 2024 24SevenOffice Group AB (publ) announced that they will report fiscal year 2023 results on Feb 28, 2024 Reported Earnings • Nov 10
Third quarter 2023 earnings released: kr0.35 loss per share (vs kr0.85 loss in 3Q 2022) Third quarter 2023 results: kr0.35 loss per share (improved from kr0.85 loss in 3Q 2022). Revenue: kr81.5m (up 33% from 3Q 2022). Net loss: kr23.0m (loss narrowed 59% from 3Q 2022). Announcement • Oct 11
24SevenOffice Group AB (publ) to Report Q3, 2023 Results on Nov 09, 2023 24SevenOffice Group AB (publ) announced that they will report Q3, 2023 results on Nov 09, 2023 Announcement • Aug 25
24SevenOffice Group AB (publ) Provides Earnings Guidance for the Year 2023 24SevenOffice Group AB (publ) announced that it has now turned SEK 300 Million in recurring revenue and its growth rate is set to increase further the rest of the year due to commercial results from the heavy software investments and market traction observed on August 24, 2023. Setting the company up for profitable growth is a direct result of robust technical advancements in the platform, highlighted by the comprehensive overhaul of 24SevenOffice's backend system, the introduction of an enhanced user interface and design, and the launch of a REST-based integration platform. Announcement • Jul 26
24SevenOffice Group AB (publ) to Report Q2, 2023 Results on Aug 24, 2023 24SevenOffice Group AB (publ) announced that they will report Q2, 2023 results on Aug 24, 2023 Reported Earnings • May 07
First quarter 2023 earnings released: kr0.64 loss per share (vs kr0.43 loss in 1Q 2022) First quarter 2023 results: kr0.64 loss per share (further deteriorated from kr0.43 loss in 1Q 2022). Revenue: kr79.1m (up 21% from 1Q 2022). Net loss: kr42.0m (loss widened 52% from 1Q 2022). Reported Earnings • Mar 04
Full year 2022 earnings released: kr3.21 loss per share (vs kr1.14 loss in FY 2021) Full year 2022 results: kr3.21 loss per share (further deteriorated from kr1.14 loss in FY 2021). Revenue: kr258.1m (up 22% from FY 2021). Net loss: kr211.4m (loss widened 186% from FY 2021). Announcement • Jan 30
24SevenOffice Group AB (publ) to Report Fiscal Year 2022 Results on Feb 28, 2023 24SevenOffice Group AB (publ) announced that they will report fiscal year 2022 results on Feb 28, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Vice Chairman & Advisor Staale Risa was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Third quarter 2022 earnings released: kr0.85 loss per share (vs kr0.27 loss in 3Q 2021) Third quarter 2022 results: kr0.85 loss per share (further deteriorated from kr0.27 loss in 3Q 2021). Revenue: kr61.3m (up 19% from 3Q 2021). Net loss: kr56.3m (loss widened 221% from 3Q 2021). Announcement • Oct 18
24Sevenoffice Group AB (Publ) Announces Executive Changes The current CFO at 24SevenOffice Group AB, Truls Kristian Hauger, has proposed to the CEO and the Board that a search for a new CFO should be initiated. After being the company's CFO for 14 years, he wishes to pursue other opportunities inside the Group. He will continue with full commitment as CFO until a replacement is in place, and will also be available to support the new CFO in a temporary period, to ensure a smooth transition. The CFO search will be conducted together with the internationally renowned executive search firm 360Leaders. They have recruited similar top C-level executives for companies going through a similar scale-up journey that 24SevenOffice is embarking on. Reported Earnings • Aug 27
Second quarter 2022 earnings released: kr0.94 loss per share (vs kr0.64 loss in 2Q 2021) Second quarter 2022 results: kr0.94 loss per share (down from kr0.64 loss in 2Q 2021). Revenue: kr61.4m (up 15% from 2Q 2021). Net loss: kr62.0m (loss widened 45% from 2Q 2021). Announcement • May 13
24SevenOffice Group AB (Publ) Approves Board Changes 24SevenOffice Group AB (publ) at annual general meeting 2022 was held on 11 May 2022, resolved to elect Staffan Herbst and Karin Lindberg as new directors and Staale Risa as vice chair of the board. The company also announced that Madeleine Lindblom and Henrik Vilselius have declined re-election. Reported Earnings • May 09
First quarter 2022 earnings released: kr0.43 loss per share (vs kr0.02 profit in 1Q 2021) First quarter 2022 results: kr0.43 loss per share (down from kr0.02 profit in 1Q 2021). Revenue: kr65.7m (up 35% from 1Q 2021). Net loss: kr27.6m (down kr29.2m from profit in 1Q 2021). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: kr1.28 loss per share (down from kr0.032 profit in FY 2020). Revenue: kr0 (down 100% from FY 2020). Net loss: kr83.1m (down kr85.1m from profit in FY 2020). Profit margin: (down from 1.2% in FY 2020). Revenue missed analyst estimates by 13%. Announcement • Jan 30
24SevenOffice Group AB (publ) (NGM:247) acquired Innomate A/S for DKK 13.5 million. 24SevenOffice Group AB (publ) (NGM:247) acquired Innomate A/S for DKK 13.5 million on January 28, 2022. Under the terms, Consideration amount will be settles in cash. For the year ended 2021, Innomate A/S reported 5 million in revenues.
24SevenOffice Group AB (publ) (NGM:247) completed the acquisition of Innomate A/S on January 28, 2022. Reported Earnings • Nov 12
Third quarter 2021 earnings released: kr0.27 loss per share (vs kr0.007 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr52.2m (up 22% from 3Q 2020). Net loss: kr17.6m (down kr18.0m from profit in 3Q 2020). Announcement • Sep 29
24SevenOffice Group AB (publ) (NGM:247) acquired 51% stake in Oflow AS for NOK 5 million. 24SevenOffice Group AB (publ) (NGM:247) acquired 51% stake in Oflow AS for NOK 5 million on September 27, 2021.
24SevenOffice Group AB (publ) (NGM:247) completed the acquisition of 51% stake in Oflow AS on September 27, 2021. Reported Earnings • Aug 27
Second quarter 2021 earnings released: kr0.64 loss per share (vs kr0.008 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr55.1m (up 37% from 2Q 2020). Net loss: kr42.9m (down kr43.4m from profit in 2Q 2020). 
