Announcement • Mar 31
KebNi AB (publ), Annual General Meeting, May 06, 2026 KebNi AB (publ), Annual General Meeting, May 06, 2026, at 14:00 W. Europe Standard Time. Location: at the company`s premises, vagogatan 6 in kista, Sweden Announcement • Apr 08
KebNi AB (publ), Annual General Meeting, May 08, 2025 KebNi AB (publ), Annual General Meeting, May 08, 2025, at 15:00 W. Europe Standard Time. Location: at the company`s premises, at vagogatan 6, kista Sweden Announcement • Apr 07
Magnus Edman Declines Re-Election to the Board of Directors of KebNi AB (publ) KebNi AB (publ) announced that Magnus Edman has declined re-election to the board of directors. Announcement • Oct 25
KebNi AB (publ) to Report Fiscal Year 2024 Results on Feb 13, 2025 KebNi AB (publ) announced that they will report fiscal year 2024 results on Feb 13, 2025 Announcement • Oct 22
Kebni Closes Down the Operations in Its Subsidiary Satmission AB On September 27, the Board of Kebni AB (publ) made the strategic decision to explore the alternative to close down the subsidiary Satmission AB, due to low capacity utilization in the company and a declining market for Drive-away satcom terminals. The union negotiations have now been concluded and the union had no objections to the closure. Therefore the Board is now closing down the operations in Satmission AB. The company’s five employees will be laid off as of November 1st 2024. Reported Earnings • Aug 16
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr33.7m (up 285% from 2Q 2023). Net income: kr1.66m (up kr12.6m from 2Q 2023). Profit margin: 4.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 30
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr34.1m (up 152% from 1Q 2023). Net income: kr2.08m (up kr12.3m from 1Q 2023). Profit margin: 6.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 06
KebNi AB (publ), Annual General Meeting, May 16, 2024 KebNi AB (publ), Annual General Meeting, May 16, 2024. Announcement • Mar 01
Kebni Announces CFO Changes, Effective April 23 2024 KebNi AB (publ) announced the appointment of Johanna Toll Meyer as its new CFO, replacing current CFO Andreas Larsson, effective April 23rd 2024. Johanna Toll Meyer has broad experience and expertise in finance and accounting, with previous roles including Auditor and Manager at Grant Thornton, Auditor at Riksrevisionen (Swedish National Audit Office) as well as Finance Manager in the retail industry. She holds a bachelor’s in business administration with a specialization in International Business from Örebro University and the University of Brighton (UK). Having worked at Kebni as Head of Accounting since October 2022, Johanna has developed a deep understanding of the company, uniquely positioning her to excel in her new role as CFO. Reported Earnings • Feb 18
Full year 2023 earnings released: kr0.14 loss per share (vs kr0.41 loss in FY 2022) Full year 2023 results: kr0.14 loss per share (improved from kr0.41 loss in FY 2022). Revenue: kr76.8m (up 130% from FY 2022). Net loss: kr39.0m (loss narrowed 39% from FY 2022). Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Jan 25
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 7.2% 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: Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr49m). Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Revenue is less than US$5m (kr41m revenue, or US$3.9m). Market cap is less than US$100m (€33.5m market cap, or US$36.5m). Breakeven Date Change • Sep 01
Forecast to breakeven in 2024 The analyst covering KebNi expects the company to break even for the first time. New forecast suggests losses will reduce by 66% to 2023. The company is expected to make a profit of kr5.00m in 2024. Average annual earnings growth of 112% is required to achieve expected profit on schedule. Board Change • Sep 01
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. 1 experienced director. No highly experienced directors. Independent Director Magnus Edman is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Aug 08
Now 26% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be €0.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 213% in a year. Earnings is forecast to grow by 74% in the next year. Board Change • Jun 04
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. 1 experienced director. No highly experienced directors. Independent Director Magnus Edman is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 31
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. 1 experienced director. No highly experienced directors. Independent Director Magnus Edman is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 26
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr13.6m (up 70% from 1Q 2022). Net loss: kr10.2m (loss narrowed 13% from 1Q 2022). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Communications industry in Europe. Breakeven Date Change • May 17
Forecast to breakeven in 2024 The analyst covering KebNi expects the company to break even for the first time. New forecast suggests losses will reduce by 59% to 2023. The company is expected to make a profit of kr4.00m in 2024. Average annual earnings growth of 99% is required to achieve expected profit on schedule. Recent Insider Transactions • Mar 21
Insider recently bought €17k worth of stock On the 17th of March, Erik Wiberg bought around 136k shares on-market at roughly €0.13 per share. This transaction increased Erik's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €56k. Insiders have collectively bought €129k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 01
Independent Director recently bought €56k worth of stock On the 24th of February, Jan Wareby bought around 531k shares on-market at roughly €0.11 per share. This transaction amounted to 53% 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 €122k more in shares than they have sold in the last 12 months. Announcement • Jan 11
Kebni AB (Publ) Appoints Rickard Svensson as Head of Asia-Pacific Region KebNi AB (publ) is expanding its international market presence by recruiting Thailand-based sales executive Rickard Svensson, who most recently worked with Saab as Director of Marketing and Sales. Rickard Svensson will be responsible for all aspects of sales across the Asia-Pacific region excluding South Korea. Establishing local presence in important markets: Through the recruitment of Rickard, Kebni now has a local presence in the Asia-Pacific markets, which are expanding for both of Kebni's product areas Inertial Sensing and Satcom. With his well-established network of contacts and experience in the APAC region, Rickard will be an extension of Kebni's sales team. His scope is to accelerate growth and provide best practices for customer satisfaction. Important step in fulfilling business plan: The recruitment of Rickard Svensson is an important step in Kebni's business plan, which is to grow its global presence with a revenue goal of 150-200 MSEK in 2024. Rickard Svensson started his new position January 6, 2023 and is operating from Bangkok, Thailand. Announcement • Nov 22
KebNi AB Provides Earnings Guidance for the Year 2024 KebNi AB provided earnings guidance for the year 2024. For the period, Company expects net revenue of SEK 150 million to SEK 200 million. Reported Earnings • Aug 28
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr8.55m (up 319% from 2Q 2021). Net loss: kr5.25m (loss narrowed 47% from 2Q 2021). Reported Earnings • May 04
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr8.30m (up 125% from 1Q 2021). Net loss: kr11.7m (flat on 1Q 2021). Over the next year, revenue is forecast to grow 117%, compared to a 7.0% growth forecast for the industry in Germany. Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: kr0.39 loss per share (up from kr0.59 loss in FY 2020). Revenue: kr27.6m (down 40% from FY 2020). Net loss: kr37.8m (flat on FY 2020). Revenue missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 103%, compared to a 7.0% growth forecast for the industry in Germany. Reported Earnings • Nov 20
Third quarter 2021 earnings released The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr11.5m (up 1.4% from 3Q 2020). Net loss: kr7.27m (loss widened 35% from 3Q 2020). Reported Earnings • Aug 25
Second quarter 2021 earnings released The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: kr2.18m (down 90% from 2Q 2020). Net loss: kr9.84m (loss widened 278% from 2Q 2020). Reported Earnings • May 28
First quarter 2021 earnings released The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: kr3.70m (down 77% from 1Q 2020). Net loss: kr11.8m (loss widened kr10.4m from 1Q 2020). Reported Earnings • Apr 27
Full year 2020 earnings released: kr0.59 loss per share (vs kr0.89 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr45.6m (up 25% from FY 2019). Net loss: kr37.5m (loss widened 141% from FY 2019). Reported Earnings • Feb 28
Full year 2020 earnings released: kr1.12 loss per share (vs kr0.89 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr45.8m (up 26% from FY 2019). Net loss: kr37.4m (loss widened 141% from FY 2019). Reported Earnings • Dec 04
Third quarter 2020 earnings released: kr0.16 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: kr8.10m (down 22% from 3Q 2019). Net loss: kr5.40m (loss widened 350% from 3Q 2019).