Recent Insider Transactions • Mar 20
Chairman of the Board recently bought kr.310k worth of stock On the 18th of March, Frede Clausen bought around 350k shares on-market at roughly kr.0.89 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr.382k. Frede has been a buyer over the last 12 months, purchasing a net total of kr.1.0m worth in shares. Recent Insider Transactions • Mar 02
Chairman of the Board recently bought kr.382k worth of stock On the 27th of February, Frede Clausen bought around 423k shares on-market at roughly kr.0.90 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Frede has been a buyer over the last 12 months, purchasing a net total of kr.1.0m worth in shares. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: kr.0.25 (vs kr.0.049 in FY 2024) Full year 2025 results: EPS: kr.0.25 (up from kr.0.049 in FY 2024). Revenue: kr.164.7m (up 318% from FY 2024). Net income: kr.61.7m (up 406% from FY 2024). Profit margin: 38% (up from 31% in FY 2024). 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. Recent Insider Transactions • Sep 10
Independent Director recently bought kr.100k worth of stock On the 5th of September, Joanna Iwanowska-Nielsen bought around 97k shares on-market at roughly kr.1.03 per share. This transaction amounted to 6.0% 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 kr.916k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: kr.0.055 (vs kr.0.002 in 1H 2024) First half 2025 results: EPS: kr.0.055 (up from kr.0.002 in 1H 2024). Revenue: kr.19.4m (down 3.0% from 1H 2024). Net income: kr.13.8m (up kr.13.1m from 1H 2024). Profit margin: 71% (up from 3.1% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 27
Chairman of the Board recently bought kr.319k worth of stock On the 24th of March, Frede Clausen bought around 300k shares on-market at roughly kr.1.06 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr.327k. Frede has been a buyer over the last 12 months, purchasing a net total of kr.646k worth in shares. Recent Insider Transactions • Mar 09
Chairman of the Board recently bought kr.327k worth of stock On the 5th of March, Frede Clausen bought around 330k shares on-market at roughly kr.0.99 per share. This transaction amounted to 2.9% 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 Frede's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 02
CEO & Member of Management Board recently bought kr.152k worth of stock On the 25th of February, Jaroslaw Lipinski bought around 148k shares on-market at roughly kr.1.03 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jaroslaw has been a buyer over the last 12 months, purchasing a net total of kr.261k worth in shares. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: kr.0.05 (vs kr.0.041 in FY 2023) Full year 2024 results: EPS: kr.0.05 (up from kr.0.041 in FY 2023). Revenue: kr.39.4m (up 17% from FY 2023). Net income: kr.12.2m (up 19% from FY 2023). Profit margin: 31% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Feb 25
Cemat A/S, Annual General Meeting, Mar 25, 2026 Cemat A/S, Annual General Meeting, Mar 25, 2026. New Risk • Jan 02
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: kr.36m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (27% net profit margin). Revenue is less than US$5m (kr.36m revenue, or US$5.0m). Market cap is less than US$100m (kr.257.3m market cap, or US$35.4m). Recent Insider Transactions • Sep 05
CEO & Member of Management Board recently bought kr.109k worth of stock On the 3rd of September, Jaroslaw Lipinski bought around 104k shares on-market at roughly kr.1.05 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jaroslaw has been a buyer over the last 12 months, purchasing a net total of kr.109k worth in shares. Reported Earnings • Sep 03
First half 2024 earnings released: EPS: kr.0.002 (vs kr.0.004 in 1H 2023) First half 2024 results: EPS: kr.0.002 (down from kr.0.004 in 1H 2023). Revenue: kr.20.0m (up 16% from 1H 2023). Net income: kr.624.0k (down 42% from 1H 2023). Profit margin: 3.1% (down from 6.2% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 07
Chairman of the Board recently bought kr.110k worth of stock On the 28th of February, Frede Clausen bought around 116k shares on-market at roughly kr.0.95 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr.273k. Frede has been a buyer over the last 12 months, purchasing a net total of kr.719k worth in shares. Recent Insider Transactions • Feb 26
Chairman of the Board recently bought kr.273k worth of stock On the 22nd of February, Frede Clausen bought around 300k shares on-market at roughly kr.0.91 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Frede has been a buyer over the last 12 months, purchasing a net total of kr.958k worth in shares. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: kr.0.04 (vs kr.0.081 in FY 2022) Full year 2023 results: EPS: kr.0.04 (down from kr.0.081 in FY 2022). Revenue: kr.33.6m (up 26% from FY 2022). Net income: kr.10.3m (down 49% from FY 2022). Profit margin: 31% (down from 77% in FY 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 28
Chairman of the Board recently bought kr.335k worth of stock On the 25th of September, Frede Clausen bought around 404k shares on-market at roughly kr.0.83 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Frede has been a buyer over the last 12 months, purchasing a net total of kr.685k worth in shares. Recent Insider Transactions • Sep 04
Independent Director recently bought kr.238k worth of stock On the 31st of August, Joanna Iwanowska-Nielsen bought around 285k shares on-market at roughly kr.0.83 per share. This transaction amounted to 26% 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 kr.684k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 24
CEO & Member of Management Board recently bought kr.54k worth of stock On the 21st of March, Jaroslaw Lipinski bought around 78k shares on-market at roughly kr.0.69 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr.350k. This was Jaroslaw's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 04
Chairman of the Board recently bought kr.350k worth of stock On the 1st of March, Frede Clausen bought around 500k shares on-market at roughly kr.0.70 per share. This transaction amounted to 5.3% 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 Frede's only on-market trade for the last 12 months. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: kr.0.08 (vs kr.0.097 in FY 2021) Full year 2022 results: EPS: kr.0.08 (down from kr.0.097 in FY 2021). Revenue: kr.26.6m (up 25% from FY 2021). Net income: kr.20.3m (down 16% from FY 2021). Profit margin: 77% (down from 114% in FY 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Director Joanna Iwanowska-Nielsen was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: kr.0 (vs kr.0.042 in 1H 2021) First half 2022 results: EPS: kr.0 (down from kr.0.042 in 1H 2021). Revenue: kr.13.2m (up 24% from 1H 2021). Net income: kr.31.0k (down 100% from 1H 2021). Profit margin: 0.2% (down from 99% in 1H 2021). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Director Joanna Iwanowska-Nielsen was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 16% share price gain to kr.1.04, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 6x in the Real Estate industry in Denmark. Total returns to shareholders of 171% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 26% share price decline to kr.1.03, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 6x in the Real Estate industry in Denmark. Total returns to shareholders of 186% over the past three years. Announcement • Feb 24
Cemat A/S to Report Fiscal Year 2022 Results on Feb 22, 2023 Cemat A/S announced that they will report fiscal year 2022 results on Feb 22, 2023 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improved over the past week After last week's 23% share price gain to kr.1.56, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 6x in the Real Estate industry in Denmark. Total returns to shareholders of 355% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 25% share price gain to kr.1.27, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 6x in the Real Estate industry in Denmark. Total returns to shareholders of 244% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 24% share price gain to kr.1.05, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 5x in the Real Estate industry in Denmark. Total returns to shareholders of 182% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 19% share price gain to kr.1.03, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 6x in the Real Estate industry in Denmark. Total returns to shareholders of 145% over the past three years. Reported Earnings • Sep 04
First half 2021 earnings released: EPS kr.0.042 (vs kr.0.004 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: kr.10.6m (up 8.4% from 1H 2020). Net income: kr.10.5m (up kr.11.5m from 1H 2020). Profit margin: 99% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day high: kr.0.40 The company is up 5.0% from its price of kr.0.38 on 19 November 2020. The Danish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Integrated Utilities industry, which is flat over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: kr.0.35 The company is down 4.0% from its price of kr.0.37 on 27 August 2020. The Danish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is up 2.0% over the same period.