Announcement • Apr 21
Net Insight AB (publ) to Report Fiscal Year 2026 Results on Feb 10, 2027 Net Insight AB (publ) announced that they will report fiscal year 2026 results on Feb 10, 2027 Announcement • Apr 01
Net Insight AB (publ), Annual General Meeting, May 12, 2026 Net Insight AB (publ), Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time. Location: at the company`s office, at smidesvagen 7, solna, Sweden Announcement • Jan 31
Net Insight AB (Publ) Appoints Nadia Kolli as Chief Commercial Officer, Effective January 30, 2026 Net Insight AB (publ) announced the appointment of Nadia Kolli as Chief Commercial Officer (CCO), effective January 30, 2026, following her tenure as Acting CCO since 12 January 2026. Nadia Kolli brings extensive international leadership expertise and global experience in complex system sales within the Media and Broadcast industry. She joined Net Insight in 2018 and has held the position of VP of Sales EMEA Media Networks since January 2022. Prior to joining Net Insight, Nadia Kolli held several senior strategic sales positions at key industry players, including Harmonic, Ericsson, and Tandberg Television. As CCO, Nadia Kolli is a member of Net Insight's executive management team. Announcement • Jan 23
Net Insight AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2025 Net Insight AB (Publ) provided earnings guidance for the fourth quarter of 2025. The company is expected to report net sales of approximately SEK 117 (134) million and EBIT of approximately SEK 5 (5) million. Announcement • Apr 03
Net Insight AB (publ), Annual General Meeting, May 14, 2025 Net Insight AB (publ), Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Location: at the companys office, at smidesvagen 7, solna Sweden Announcement • Feb 05
Net Insight AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025 Net Insight AB (publ) announced that they will report fiscal year 2024 results at 7:30 AM, Central European Standard Time on Feb 19, 2025 Announcement • Dec 19
Net Insight Appoints Andreas Eriksson as Chief Commercial Officer Net Insight announced the appointment of Andreas Eriksson as permanent Chief Commercial Officer (CCO), effective immediately. Andreas Eriksson has been serving as acting CCO since 15 November 2024 and brings extensive global expertise from the broadcast and media industry. His previous roles include CEO and Head of Sales at Telstra Broadcast Services in Australia, as well as strategic and senior leadership positions with Red Bee Media and Ericsson Broadcast and Media Services. With a wealth of experience both in Sweden and internationally, Andreas has a proven track record of driving growth and strengthen customer relationships. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: kr0.049 (vs kr0.046 in 3Q 2023) Third quarter 2024 results: EPS: kr0.049 (up from kr0.046 in 3Q 2023). Revenue: kr155.9m (up 8.3% from 3Q 2023). Net income: kr17.1m (up 5.5% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 10
Net Insight AB (publ) Launches Network-Edge Streaming Appliance Nimbra 204 Net Insight AB (publ) launched network-edge streaming appliance Nimbra 204. The Nimbra 204 offers robust transmission over low-cost, unmanaged networks and becomes a fully integrated component of the Nimbra Edge and Nimbra Connect iT platforms. Enabling broadcasters and media companies to efficiently manage and distribute content over unmanaged networks. The Nimbra 204 is seamlessly integrated into Net Insight's Nimbra Edge and Connect iT network orchestration and device management systems. This integration provides users with an open standards-based, cloud-agnostic solution that is easy to configure and fully media-aware. With edge-to-edge resilience and support for multiple formats, the Nimbra 204 brings a comprehensive media transport solution that is both versatile and reliable. The Nimbra204 is suitable for contribution services enabling broadcasters to profitably monetize events that were previously unaff affordable by utilizing lower-cost, high-efficiency technology. Another application area is program/network distribution, broadcasters can now distribute program content to affiliates and takers over ubiquitous and affordable unmanaged networks, significantly reducing the cost and complexity of media distribution. While cost effective, the Nimbra 204 is fully featured, low latency HEVC compression, offering bandwidth efficiency while maintaining video quality with 4:2:2 10-bit resolution. With versatile encode and decode capabilities, the Nimbra 204 are equipped to handle multi-channel processing, supporting up to four HD services simultaneously. It also supports high-resolution video up to 4K UHD, ensuring that broadcasters can deliver cutting-edge visual experiences. The Nimbra 204 are available for delivery in first quarter, 2025. Announcement • Aug 22
Net Insight Unveils the Nimbra 400 Platform, Now Features Multi-Channel HEVC 4:2:2 Video Encoding and Decoding Net Insight unveiled that the Nimbra 400 platform, now features multi-channel HEVC 4:2:2 video encoding and decoding. This advancement sets a new standard for video quality and bandwidth efficiency, making the Nimbra 400 the ultimate choice for live event contributions over both managed and unmanaged networks. The Nimbra 400's new capabilities ensure the high quality video is delivered over cost- effective IP links, enabling immersive video experiences from virtually any global location. Ideal for broadcasters and production companies, the Nimbra 400 supports up to four high-quality HEVC 4:2:2 video services through advanced hardware acceleration technology, ensuring premium, low-latency video feeds from remote locations to production centers. With the highly efficient HEVC compression, the Nimbra 400 offers significant reductions in bandwidth costs per channel. This efficiency allows broadcasters to increase their camera views, delivering more immersive programming, and covering events that were previously economically unviable. The result is new revenue streams and a more engaging viewing experience for audiences. The Nimbra 400 is designed for seamless integration with Net Insight's Nimbra Edge and Connect iT media transport platforms, providing robust and high-quality video connections from the network edge. Video services can be delivered over unmanaged IP networks, and the entire operation can be managed from a central location anywhere in the world, ensuring flexibility and reliability for live event production. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: kr0.087 (vs kr0.031 in 2Q 2023) Second quarter 2024 results: EPS: kr0.087 (up from kr0.031 in 2Q 2023). Revenue: kr176.1m (up 40% from 2Q 2023). Net income: kr30.4m (up 180% from 2Q 2023). Profit margin: 17% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 56% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Board Change • May 17
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. 1 highly experienced director. Director Jan Thorsten Barchan is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 21
Full year 2023 earnings released: EPS: kr0.17 (vs kr0.15 in FY 2022) Full year 2023 results: EPS: kr0.17 (up from kr0.15 in FY 2022). Revenue: kr559.4m (up 18% from FY 2022). Net income: kr60.1m (up 11% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Net Insight AB (publ) Announces Decline Re-Election of Gunilla Fransson as Board of Director Net Insight AB (publ) announced Gunilla Fransson, board of director has declined re-election. Announcement • Mar 21
Net Insight Launches Nimbra Connect iT: Simplifying Live Media Transport for Expanding Networks Net Insight AB (publ) announced the launch of Nimbra Connect iT, a cutting-edge solution designed to transform live internet transport workflows for small to medium networks. Nimbra Connect iT stands out in the market by providing an effortlessly integrated, scalable, and low-maintenance live media solution, enabling content creators, rights holders and broadcasters to focus on producing compelling content. With the addition of Connect iT, Net Insight is expanding its cloud transport offering currently incorporating Nimbra Edge, to cater to both small-scale and large-scale networks. Innovative simplicity and scalability. Nimbra Connect iT is engineered for ease of deployment and simplified maintenance, ensuring that users can quickly integrate the platform into their existing infrastructure and start managing content delivery effectively. The solution allows for an easy entry into the cloud market, starting with as few as two modules. This simplicity, coupled with an inherently scalable architecture, allows media companies to expand their capabilities as they grow, without the traditional complexities associated with scaling up. Effortless integration and streamlined operations. The cornerstone of Nimbra Connect iT is its effortless integration capability, powered by an Open API, which ensures seamless harmony with a variety of systems and tools. This facilitates a streamlined and efficient workflow, significantly reducing the operational complexities typically associated with media operations. Designed with the future in mind, Nimbra Connect iT provides tools and features that help users expand their audience reach and explore new revenue opportunities, due to ubiquitous connectivity on demand. Expanding reach and exploring new opportunities. With Nimbra Connect iT, businesses can expand their reach and explore new revenue opportunities by engaging new audiences and making content distribution more efficient. The platform addresses the current challenges faced by media networks, positioning them for future growth and success in an increasingly competitive landscape. Recent Insider Transactions • Feb 21
Chief Commercial Officer recently sold €67k worth of stock On the 19th of February, Marten Blixt sold around 120k shares on-market at roughly €0.56 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €129k. Insiders have been net sellers, collectively disposing of €315k more than they bought in the last 12 months. Recent Insider Transactions • Dec 20
Insider recently sold €89k worth of stock On the 18th of December, Christer Bohm sold around 190k shares on-market at roughly €0.47 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €129k. Insiders have been net sellers, collectively disposing of €248k more than they bought in the last 12 months. Recent Insider Transactions • Dec 10
Chief Commercial Officer recently bought €53k worth of stock On the 5th of December, Marten Blixt bought around 300k shares on-market at roughly €0.18 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €23k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: kr0.046 (vs kr0.066 in 3Q 2022) Third quarter 2023 results: EPS: kr0.046 (down from kr0.066 in 3Q 2022). Revenue: kr144.0m (up 11% from 3Q 2022). Net income: kr16.2m (down 33% from 3Q 2022). Profit margin: 11% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Oct 14
Gunilla Fransson Declines Reelection as Board Member and Chair of the Board of Net Insight AB (Publ) Gunilla Fransson declines reelection as board member and Chair of the Board in Net Insight AB. She will remain as chair until the next Annual General Meeting in May 2024. Gunilla Fransson was elected to the board of Net Insight in 2008 and appointed chair of the board in 2018. As the chair of the board of Net Insight, Gunilla has played a central role in streamlining operations and promoting strategic growth. Under her leadership, the company'soperations have been refined through the divestment of the business segments ScheduALL and Sye, and expanded with the development of a product for time synchronization in 5G networks. The Nomination Committee has initiated a process to search for a successor to the chairmanship, to be proposed at the annual general meeting in 2024. Announcement • Sep 26
Net Insight AB (Publ) Announces Management Appointments Net Insight AB's Nomination Committee ahead of the 2024 annual general meeting has been convened. In accordance with the principles for the Nomination Committee adopted at the 2023 annual general meeting, the Nomination Committee consists of three members appointed by three of the company's largest shareholders, in terms of voting rights based on the ownership structure as of August 31, 2023, and the Chair of the Board. The Nomination Committee consists of: Stina Barchan, appointed by Briban Invest AB; Jesper Bergström, appointed by Handelsbanken funds; Jeffrey Meyers, appointed by Cobia Capital Funds; Gunilla Fransson, Chair of the Board of Net Insight AB. Recent Insider Transactions • Aug 01
COO & CTO Media recently sold €58k worth of stock On the 28th of July, Ulrik Rohne sold around 146k shares on-market at roughly €0.40 per share. This transaction amounted to 49% 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 Ulrik's only on-market trade for the last 12 months. Reported Earnings • Jul 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr126.3m (up 15% from 2Q 2022). Net income: kr10.9m (down 7.7% from 2Q 2022). Profit margin: 8.6% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 25
Director recently bought €51k worth of stock On the 19th of May, Jan Thorsten Barchan bought around 114k shares on-market at roughly €0.45 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 €944k more in shares than they have sold in the last 12 months. Announcement • May 13
Net Insight AB (publ) Approves Board Elections Net Insight AB (publ) announced that at its AGM held on 12 May 2023, the shareholders elected Karl Thedéen as new board member. Axel Barchan was elected as new personal deputy for Jan Barchan. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: kr0.15 (vs kr0.062 in FY 2021) Full year 2022 results: EPS: kr0.15 (up from kr0.062 in FY 2021). Revenue: kr475.1m (up 25% from FY 2021). Net income: kr54.0m (up 127% from FY 2021). Profit margin: 11% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 26
Director recently bought €74k worth of stock On the 22nd of February, Jan Thorsten Barchan bought around 136k shares on-market at roughly €0.54 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €953k. Insiders have collectively bought €861k more in shares than they have sold in the last 12 months. Buying Opportunity • Feb 23
Now 26% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be €0.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: kr0.15 (vs kr0.062 in FY 2021) Full year 2022 results: EPS: kr0.15 (up from kr0.062 in FY 2021). Revenue: kr475.1m (up 25% from FY 2021). Net income: kr54.0m (up 127% from FY 2021). Profit margin: 11% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Jan 04
Net Insight AB (publ)(OM:NETI B) dropped from OMX Nordic Small Cap Index Net Insight AB (publ) has been dropped from OMX Nordic Small Cap Index . Announcement • Dec 06
Net Insight AB Appoints Tove Bylund as Chief Human Resources Officer, Effective January 10, 2023 Net Insight AB announced that it recruited Tove Bylund as new CHRO (Chief Human Resources Officer) with responsibility for leading the company's HR organization. Tove will become part of Net Insight's executive management team and will take office on January 10, 2023. Tove Bylund is a committed and development-oriented HR profile with 15 years of experience in broad HR work and comes most recently from Wise Consulting, where she held various global and senior positions. Before that, she has experience from, among others, Teracom and Capgemini Consulting. Announcement • Nov 08
Net Insight AB (publ) Announces Resignation of Mathias Berg as Board Member Net Insight AB (publ) announced that Mathias Berg has informed the board that he is leaving his position as board member of the company prematurely. Mathias Berg has been appointed Head of TV & Media at Telia Company and assesses that he does not have the time required for the board work. Mathias leaves the board assignment with immediate effect. Announcement • Aug 30
Net Insight Simplifies IP Media Adoption with Advanced ST 2110 Functions Net Insight announced the most significant upgrade to its Nimbra 1000 platform, introducing flexible and advanced ST 2110 functionality simplifying the adoption of all-IP workflows and safeguarding high-bandwidth media applications up to and beyond 100 Gbps. Net Insight's suite of ST 2110 functions and benefits: With Net Insight's enhanced suite of ST 2110 functions in the Nimbra platform customers can now safely and easily run up to and beyond 100 Gbps WAN network applications, including processing functions such as JPEG XS, JPEG 2000, and MPEG4. It comprises Net Insight's IP Media Trust Boundary for security and easy management, and full conversion between ST 2110, ST 2022-6 and SDI, which means unparalleled flexibility for organizations undergoing an incremental transition to IP workflows. This way the Nimbra 1000 platform can act both as an IP Gateway with up to 100 Gbps aggregation, or as a fully ST 2110-compatible MSR network. Net Insight's IP Media Trust Boundary is a media safeguarding application that keeps media secure, monitored and compliant as it is transported across networks domains. Some of the core functions that Net Insight's Trust Boundary includes are real-time IP media monitoring, media protection, traffic control, flow replication, and the ability to scale up to 256 flows on a 100 Gbps network connection. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: kr0.032 (vs kr0.018 in 2Q 2021) Second quarter 2022 results: EPS: kr0.032 (up from kr0.018 in 2Q 2021). Revenue: kr110.1m (up 17% from 2Q 2021). Net income: kr11.8m (up 69% from 2Q 2021). Profit margin: 11% (up from 7.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 05
Chief Technology Officer recently sold €124k worth of stock On the 30th of May, Per Lindgren sold around 300k shares on-market at roughly €0.41 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • May 31
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. 1 highly experienced director. Independent Director Mathias Berg was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: kr0.062 (vs kr0.038 loss in FY 2020) Full year 2021 results: EPS: kr0.062 (up from kr0.038 loss in FY 2020). Revenue: kr380.7m (up 15% from FY 2020). Net income: kr23.8m (up kr38.5m from FY 2020). Profit margin: 6.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr0.062 (up from kr0.024 loss in FY 2020). Revenue: kr380.7m (down 4.6% from FY 2020). Net income: kr23.8m (up kr33.0m from FY 2020). Profit margin: 6.3% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.9%. 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 16% per year, which means it is significantly lagging earnings growth. Announcement • Feb 25
Net Insight AB (publ) to Report Fiscal Year 2021 Final Results on Apr 22, 2022 Net Insight AB (publ) announced that they will report fiscal year 2021 final results on Apr 22, 2022 Reported Earnings • Nov 10
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr100.8m (up 9.0% from 3Q 2020). Net income: kr10.1m (up kr16.0m from 3Q 2020). Profit margin: 10.0% (up from net loss in 3Q 2020). 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 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
Full year 2020 earnings released: kr0.024 loss per share (vs kr0.012 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr398.9m (down 11% from FY 2019). Net loss: kr9.20m (loss widened 98% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Executive Departure • Mar 02
Head of People has left the company On the 28th of February, Katarina Dufvenmark's tenure as Head of People ended after 1.5 years in the role. We don't have any record of a personal shareholding under Katarina's name. Katarina is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 26
New 90-day high: €0.23 The company is up 63% from its price of €0.14 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 20% over the same period. Announcement • Feb 26
Xytech Systems Corporation signed an agreement to acquire VizuAll, Inc. for $6 million. Xytech Systems Corporation signed an agreement to acquire VizuAll, Inc. for $6 million on February 24, 2021. The transaction involves divestment of 100% of the shares in the wholly owned VizuAll subsidiaries on a cash and debt free basis for a total transaction value of $6 million, with $3 million in cash at closing and the remainder as a promissory note payable over the next 12-18 months. VizuAll had net sales of SEK 67.2 million ($8,110,440) and operating earnings of SEK 4.1 million ($494,834) for the financial year 2020. Xytech will continue to support the ScheduALL application and all ScheduALL clients. They will also retain the ScheduAll office in Florida. The transaction is expected to be completed in the coming weeks, subject to satisfaction of customary closing conditions. The transaction will have a positive net earnings effect on Group level of estimated SEK 35-45 million ($4,103,500-$5,431,100). Analyst Estimate Surprise Post Earnings • Feb 24
Revenue beats expectations Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 2.3%, compared to a 1.7% growth forecast for the Communications industry in Germany. Reported Earnings • Feb 24
Full year 2020 earnings released: kr0.024 loss per share (vs kr0.012 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr398.9m (down 11% from FY 2019). Net loss: kr9.20m (loss widened 98% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • Feb 10
Net Insight AB (publ) to Report Fiscal Year 2020 Results on Feb 23, 2021 Net Insight AB (publ) announced that they will report fiscal year 2020 results at 8:45 AM, Central European Standard Time on Feb 23, 2021 Announcement • Jan 20
Net Insight AB (publ) Announces Management Changes Net Insight AB (publ) announced that the HR department will be transferred to the CFO, Joakim Schedvins, who is responsible for finance, legal and IT. The increased collaboration and coordination between HR and Finance will benefit the strategic goals of Net Insight's business plan for 2021, to improve agile work and build the internal culture. In June 2020, Mårten Blixt was appointed in the new role of Chief Commercial Officer to create a combined sales and marketing organization, and his role is now supplemented with responsibility for corporate communication as well. The Corporate Development department will not remain as a separate unit and in connection with this, Marcus Sandberg, VP Corporate Development & Communication, has decided to leave the company. As a result of the changes, the Executive Management team will from April 1st consist of: Crister Fritzson, CEO; Joakim Schedvins, CFO; Mårten Blixt, CCO; Per Lindgren, CTO; Ulrik Rohne, COO; Christer Bohm, VP Product Management and Ken Graham, VP Resource Optimization. Announcement • Dec 06
Net Insight Announces Resignation of Katarina Dufvenmark as Vice President Net Insight announced that Vice President People Katarina Dufvenmark has decided to leave her position for a new assignment outside of the company. Katarina will leave her assignment at Net Insight at the end of February 2021, and the recruitment process of finding a replacement has begun. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue beats expectations Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 2.1%, compared to a 3.2% growth forecast for the Communications industry in Germany. Reported Earnings • Nov 05
Third quarter 2020 earnings released: kr0.016 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: kr92.5m (down 18% from 3Q 2019). Net loss: kr5.94m (down 435% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 36% per year.