Reported Earnings • May 08
First quarter 2026 earnings released: EPS: kr.0.082 (vs kr.0.20 in 1Q 2025) First quarter 2026 results: EPS: kr.0.082 (down from kr.0.20 in 1Q 2025). Revenue: kr.418.0m (down 3.7% from 1Q 2025). Net income: kr.11.0m (down 58% from 1Q 2025). Profit margin: 2.6% (down from 6.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 27
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at kr.9.94. The fair value is estimated to be kr.8.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 13%. Upcoming Dividend • Apr 17
Upcoming dividend of kr.0.13 per share Eligible shareholders must have bought the stock before 24 April 2026. Payment date: 28 April 2026. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Danish dividend payers (4.3%). Lower than average of industry peers (2.7%). Buy Or Sell Opportunity • Mar 30
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to kr.9.90. The fair value is estimated to be kr.8.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 13%. Recent Insider Transactions • Mar 18
Independent Director recently bought kr.99k worth of stock On the 13th of March, Per Kogut bought around 10k shares on-market at roughly kr.9.90 per share. This trade did not impact their existing holding. 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. Declared Dividend • Mar 15
Dividend of kr.0.13 announced Shareholders will receive a dividend of kr.0.13. Ex-date: 24th April 2026 Payment date: 28th April 2026 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 17% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years. Buy Or Sell Opportunity • Mar 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to kr.9.90. The fair value is estimated to be kr.8.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 13%. New Risk • Mar 12
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: 1.4% Last year net profit margin: 3.5% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: kr.0.16 (vs kr.0.45 in FY 2024) Full year 2025 results: EPS: kr.0.16 (down from kr.0.45 in FY 2024). Revenue: kr.1.58b (down 5.0% from FY 2024). Net income: kr.21.5m (down 63% from FY 2024). Profit margin: 1.4% (down from 3.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Buy Or Sell Opportunity • Feb 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to kr.9.88. The fair value is estimated to be kr.8.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 20%. Announcement • Jan 02
Columbus A/S(CPSE:COLUM) dropped from OMX Nordic Small Cap Index Columbus A/S has been removed from OMX Nordic Small Cap Index. Buy Or Sell Opportunity • Jan 01
Now 21% overvalued Over the last 90 days, the stock has fallen 6.5% to kr.9.54. The fair value is estimated to be kr.7.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 20%. Buy Or Sell Opportunity • Nov 25
Now 21% overvalued Over the last 90 days, the stock has fallen 2.8% to kr.9.56. The fair value is estimated to be kr.7.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 20%. Announcement • Nov 10
Columbus A/S, Annual General Meeting, Apr 23, 2026 Columbus A/S, Annual General Meeting, Apr 23, 2026, at 10:00 Romance Standard Time. Location: lautrupvang 6, 2750 ballerup, Denmark Reported Earnings • Nov 07
Third quarter 2025 earnings released: kr.0.07 loss per share (vs kr.0.044 profit in 3Q 2024) Third quarter 2025 results: kr.0.07 loss per share (down from kr.0.044 profit in 3Q 2024). Revenue: kr.347.1m (down 6.5% from 3Q 2024). Net loss: kr.5.60m (down 199% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Buy Or Sell Opportunity • Nov 07
Now 20% overvalued Over the last 90 days, the stock has fallen 3.6% to kr.9.58. The fair value is estimated to be kr.7.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Aug 22
Second quarter 2025 earnings released: kr.0.07 loss per share (vs kr.0.10 loss in 2Q 2024) Second quarter 2025 results: kr.0.07 loss per share (improved from kr.0.10 loss in 2Q 2024). Revenue: kr.409.9m (down 4.0% from 2Q 2024). Net loss: kr.7.48m (loss narrowed 44% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Aug 21
Columbus A/S Provides Earnings Guidance for the Full Year 2025 Columbus A/S provided earnings guidance for the full year 2025. For the period, the company's revenue is expected to be in line with 2024, i.e. approximately DKK 1.7 billion. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: kr.0.20 (vs kr.0.28 in 1Q 2024) First quarter 2025 results: EPS: kr.0.20 (down from kr.0.28 in 1Q 2024). Revenue: kr.434.0m (down 2.3% from 1Q 2024). Net income: kr.26.3m (down 26% from 1Q 2024). Profit margin: 6.1% (down from 8.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Columbus A/S Approves Ordinary Dividend Columbus A/S announced that at the AGM held on 29 April 2025, the Board of Directors' proposal regarding distribution of profit was adopted, including payment of an ordinary dividend to the shareholders of DKK 0.125 per share of DKK 1.25 (nom), amounting to a total dividend of DKK 16,159,533. Declared Dividend • Apr 28
Dividend of kr.0.13 announced Shareholders will receive a dividend of kr.0.13. Ex-date: 30th April 2025 Payment date: 2nd May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 02
Columbus A/S Proposes Ordinary Dividend for 2024 Columbus A/S at the General Meeting to be held on 29 April 2025, proposed for the allocation of profit as stated in the Annual Report for 2024, including distribution of an ordinary dividend to shareholders of DKK 0.125 per share of DKK 1.25 (nom.), corresponding to total dividends of DKK 16,159,533. New Risk • Mar 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: kr.0.42 (vs kr.0.18 in FY 2023) Full year 2024 results: EPS: kr.0.42 (up from kr.0.18 in FY 2023). Revenue: kr.1.66b (up 7.8% from FY 2023). Net income: kr.57.8m (up 143% from FY 2023). Profit margin: 3.5% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year. Board Change • Feb 01
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. 2 experienced directors. 3 highly experienced directors. Independent Director Per Kogut was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr.11.90, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 38x in the IT industry in Denmark. Total returns to shareholders of 32% over the past three years. Announcement • Jan 17
Columbus A/S Provides Earnings Guidance for the Full Year 2025 Columbus A/S provided earnings guidance for the full year 2025. For the period, the company expects Revenue– organic growth to be 7-9%. Announcement • Nov 06
Columbus A/S, Annual General Meeting, Apr 29, 2025 Columbus A/S, Annual General Meeting, Apr 29, 2025, at 10:00 Romance Standard Time. Location: lautrupvang 6, 2750, ballerup, Denmark Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: kr.0.04 (vs kr.0.028 in 3Q 2023) Third quarter 2024 results: EPS: kr.0.04 (up from kr.0.028 in 3Q 2023). Revenue: kr.371.4m (up 7.7% from 3Q 2023). Net income: kr.5.68m (up 58% from 3Q 2023). Profit margin: 1.5% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr.10.40, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 36x in the IT industry in Denmark. Total returns to shareholders of 14% over the past three years. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 23
Second quarter 2024 earnings released: kr.0.11 loss per share (vs kr.0.032 loss in 2Q 2023) Second quarter 2024 results: kr.0.11 loss per share (further deteriorated from kr.0.032 loss in 2Q 2023). Revenue: kr.426.9m (up 9.3% from 2Q 2023). Net loss: kr.13.4m (loss widened 226% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr.444.2m (up 14% from 1Q 2023). Net income: kr.35.8m (up 135% from 1Q 2023). Profit margin: 8.1% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • May 09
Columbus A/S Provides Earnings Guidance for the Year 2024 Columbus A/S provided earnings guidance for the year 2024. For the year, Revenue guidance expected to be in the range of 8%-10% organic growth. Announcement • Apr 26
Columbus A/S Adopts Payment of an Ordinary Dividend Columbus A/S announced that at its AGM held on 25 April 2024, the board of directors’ proposal regarding distribution of profit was adopted, including payment of an ordinary dividend to the shareholders of DKK 0.125 per share of DKK 1.25 (nom), amounting to a total dividend of DKK 16,159,533. Upcoming Dividend • Apr 19
Upcoming dividend of kr.0.13 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Danish dividend payers (5.5%). Lower than average of industry peers (2.1%). Announcement • Mar 22
Columbus A/S Proposes Ordinary Dividend The Board of Directors of Columbus A/S proposed that the General Meeting approves the Board of Directors’ proposal for the allocation of profit as stated in the Annual Report for 2023, including distribution of an ordinary dividend to shareholders of DKK 0.125 per share of DKK 1.25 (nom.), corresponding to total dividends of DKK 16,159,533. Declared Dividend • Mar 18
Dividend of kr.0.13 announced Shareholders will receive a dividend of kr.0.13. Ex-date: 26th April 2024 Payment date: 30th April 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years. Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: kr.0.21 (vs kr.0.23 in FY 2022) Full year 2023 results: EPS: kr.0.21 (down from kr.0.23 in FY 2022). Revenue: kr.1.54b (up 11% from FY 2022). Net income: kr.23.8m (down 21% from FY 2022). Profit margin: 1.5% (down from 2.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Jan 27
Judgement by Swedish City Court Awards Damages and Costs to Columbus in the Range of SEK 43 million - SEK 45 million Columbus has been engaged in a court case against the Swedish M3 consultancy company `M3CS AB' and its founders in a dispute about disloyal behavior, breach of IP and other unlawful acts. The Swedish city court has now rendered judgement in the matter and ruled in favour of Columbus, establishing that the company M3CS and its founders acted unlawfully and are liable for paying damages and costs to Columbus. The amount to be paid, including interests, is expected to be in the range of SEK 43 million - SEK 45 million. Columbus has been focusing on serving its customers. At the same time Columbus has been putting its trust in the Swedish court system and is therefore also very pleased and satisfied to now see justice being served. The amount of damages awarded is the highest amount ever awarded in similar cases in Swedish court history, some- thing that underlines the gravity of the actions committed by the company M3CS and its founders. The court has made it clear that it does not look lenient at such unlawful acts taking place in the Swedish market. The judgement may be appealed until 14 February 2024. After this date, Columbus may return with further information to the extent relevant. Announcement • Dec 01
Columbus A/S has submitted a conditional offer to acquire Endless Gain Ltd. for £3 million. Columbus A/S has submitted a conditional offer to acquire Endless Gain Ltd. for £3 million on November 30, 2023.The acquisition consists of £1.5m is paid at closing, and the remaining amount of £1.5m is dependent on reaching the agreed earning targets and is expected to be paid over the next three years. The acquisition is conditional on a few employee related conditions, which must be confirmed before closing. Closing is planned for January 3, 2024 (with effective date January 1, 2024). The acquisition is financed by Columbus available funds. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr.7.24, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 18x in the IT industry in Europe. Total returns to shareholders of 11% over the past three years. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: kr.0.028 (vs kr.0.028 loss in 3Q 2022) Third quarter 2023 results: EPS: kr.0.028 (up from kr.0.028 loss in 3Q 2022). Revenue: kr.344.8m (up 11% from 3Q 2022). Net income: kr.3.60m (up kr.7.18m from 3Q 2022). Profit margin: 1.0% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 23
An unknown buyer acquired a 7.8% stake in Columbus A/S (CPSE:COLUM) from Protector Forsikring ASA (OB : PROT). An unknown buyer acquired a 7.8% stake in Columbus A/S (CPSE:COLUM) from Protector Forsikring ASA (OB : PROT) on September 21, 2023. Following the sale of 10,100,353 shares in Columbus, Protector Forsikring’s ownership has reached to zero.
An unknown buyer completed the acquisition of a 7.8% stake in Columbus A/S (CPSE:COLUM) from Protector Forsikring ASA (OB : PROT) on September 21, 2023. Announcement • Aug 25
Columbus A/S Provides Earnings Guidance for the Year 2023 Columbus A/S provided earnings guidance for the year 2023. For the year, revenue guidance expected to be in the range of DKK 1,550 million – 1,600 million, corresponding to an organic growth of 8-12% (constant currencies). Reported Earnings • May 16
First quarter 2023 earnings released: EPS: kr.0.14 (vs kr.0.10 in 1Q 2022) First quarter 2023 results: EPS: kr.0.14 (up from kr.0.10 in 1Q 2022). Revenue: kr.390.5m (flat on 1Q 2022). Net income: kr.15.3m (up 14% from 1Q 2022). Profit margin: 3.9% (up from 3.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 18
Upcoming dividend of kr.0.13 per share at 1.8% yield Eligible shareholders must have bought the stock before 25 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Danish dividend payers (4.1%). Lower than average of industry peers (2.2%). Reported Earnings • Mar 16
Full year 2022 earnings released: kr.0.09 loss per share (vs kr.0.48 profit in FY 2021) Full year 2022 results: kr.0.09 loss per share (down from kr.0.48 profit in FY 2021). Revenue: kr.1.39b (down 6.2% from FY 2021). Net income: kr.29.9m (down 52% from FY 2021). Profit margin: 2.2% (down from 4.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Karina Ringsted was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: kr.0.01 (vs kr.0.009 loss in 2Q 2021) Second quarter 2022 results: EPS: kr.0.01 (up from kr.0.009 loss in 2Q 2021). Revenue: kr.389.7m (up 12% from 2Q 2021). Net income: kr.900.0k (up kr.2.11m from 2Q 2021). Profit margin: 0.2% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Jun 16
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. 1 experienced director. 3 highly experienced directors. Independent Director Karina Ringsted was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: kr.5.91 (up from kr.0.44 in FY 2020). Revenue: kr.1.48b (down 10% from FY 2020). Net income: kr.61.7m (up 12% from FY 2020). Profit margin: 4.2% (up from 3.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 1.3%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 04
Third quarter 2021 earnings released: kr.0.03 loss per share (vs kr.0.052 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: kr.322.8m (down 4.6% from 3Q 2020). Net loss: kr.9.47m (down 247% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS kr.0.07 (vs kr.0.16 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr.426.4m (down 7.1% from 2Q 2020). Net income: kr.9.47m (down 52% from 2Q 2020). Profit margin: 2.2% (down from 4.3% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • May 21
First quarter 2021 earnings released: EPS kr.0.37 (vs kr.0.17 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr.420.6m (down 7.9% from 1Q 2020). Net income: kr.45.7m (up 120% from 1Q 2020). Profit margin: 11% (up from 4.5% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% 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. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 32% share price decline to kr.10.50, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 26x in the IT industry in Europe. Total returns to shareholders of 12% over the past three years. Upcoming Dividend • Apr 21
Inaugural dividend of kr.6.00 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 03 May 2021. The company last paid an ordinary dividend in April 2019. The average dividend yield among industry peers is 1.6%. Reported Earnings • Mar 17
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr.1.65b (down 14% from FY 2019). Net income: kr.55.1m (up 167% from FY 2019). Profit margin: 3.3% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 15
New 90-day high: kr.13.90 The company is up 21% from a price of kr.11.52 on 15 December 2020. Outperformed the Danish market which is up 1.0% over the last 90 days. Exceeded the IT industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 28
New 90-day high: kr.12.36 The company is up 51% from its price of kr.8.20 on 30 October 2020. The Danish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 16% over the same period.