Price Target Changed • Jul 15
Price target increased by 8.0% to €27.00 Up from €25.00, the current price target is provided by 1 analyst. New target price is 8.9% above last closing price of €24.80. Stock is up 28% over the past year. The company is forecast to post earnings per share of €1.50 for next year compared to €1.38 last year. Reported Earnings • Jul 15
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: EPS: €0.38 (up from €0.34 in 2Q 2025). Revenue: €34.1m (up 16% from 2Q 2025). Net income: €10.2m (up 13% from 2Q 2025). Profit margin: 30% (in line with 2Q 2025). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 2.7%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Capital Markets industry in Finland. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Announcement • Jul 14
Evli plc Provides Earnings Guidance for the Year 2026 Evli Plc provided earnings guidance for the year 2026. for the year, the company expects the operating profit to be clearly positive. Buy Or Sell Opportunity • May 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.8% to €22.90. The fair value is estimated to be €28.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings are also forecast to grow by 7.2% per annum over the same time period. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: €0.41 (vs €0.28 in 1Q 2025) First quarter 2026 results: EPS: €0.41 (up from €0.28 in 1Q 2025). Revenue: €38.1m (up 27% from 1Q 2025). Net income: €10.8m (up 48% from 1Q 2025). Profit margin: 28% (up from 24% in 1Q 2025). The increase in margin was driven by higher 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 8% per year. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €20.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Capital Markets industry in Finland. Total returns to shareholders of 39% over the past three years. Upcoming Dividend • Mar 11
Upcoming dividend of €1.23 per share Eligible shareholders must have bought the stock before 18 March 2026. Payment date: 26 March 2026. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Finnish dividend payers (5.6%). In line with average of industry peers (5.4%). Declared Dividend • Feb 25
Dividend increased to €1.23 Dividend of €1.23 is 4.2% higher than last year. Ex-date: 18th March 2026 Payment date: 26th March 2026 Dividend yield will be 5.0%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 3 years and payments have been stable during that time. Earnings per share is expected to grow by 26% over the next 3 years, which should maintain adequate earnings cover for the dividend. Declared Dividend • Jan 29
Dividend increased to €1.23 Dividend of €1.23 is 4.2% higher than last year. Ex-date: 18th March 2026 Payment date: 26th March 2026 Dividend yield will be 4.8%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 3 years and payments have been stable during that time. Earnings per share is expected to grow by 26% over the next 3 years, which should maintain adequate earnings cover for the dividend. Reported Earnings • Jan 28
Full year 2025 earnings released: EPS: €1.38 (vs €1.68 in FY 2024) Full year 2025 results: EPS: €1.38 (down from €1.68 in FY 2024). Revenue: €138.6m (up 13% from FY 2024). Net income: €36.5m (down 18% from FY 2024). Profit margin: 26% (down from 37% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Capital Markets industry in Finland. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Announcement • Jan 28
Evli Oyj announces Annual dividend, payable on March 26, 2026 Evli Oyj announced Annual dividend of EUR 1.2300 per share payable on March 26, 2026, ex-date on March 18, 2026 and record date on March 19, 2026. Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: €0.39 (vs €0.28 in 3Q 2024) Third quarter 2025 results: EPS: €0.39 (up from €0.28 in 3Q 2024). Revenue: €36.7m (up 37% from 3Q 2024). Net income: €10.4m (up 39% from 3Q 2024). Profit margin: 28% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Jul 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €29.5m (down 6.3% from 2Q 2024). Net income: €9.00m (up 4.7% from 2Q 2024). Profit margin: 31% (up from 27% in 2Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Capital Markets industry in Finland. Buy Or Sell Opportunity • Jun 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to €18.05. The fair value is estimated to be €22.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Buy Or Sell Opportunity • May 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to €18.05. The fair value is estimated to be €22.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. New Risk • Apr 28
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: 25% Last year net profit margin: 37% 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 95% Minor Risks High level of debt (64% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (25% net profit margin). Reported Earnings • Apr 27
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: €0.28 (down from €0.82 in 1Q 2024). Revenue: €30.0m (down 2.9% from 1Q 2024). Net income: €7.30m (down 66% from 1Q 2024). Profit margin: 24% (down from 70% in 1Q 2024). Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 6.9%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Capital Markets industry in Finland. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 12
Upcoming dividend of €1.18 per share Eligible shareholders must have bought the stock before 19 March 2025. Payment date: 27 March 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of Finnish dividend payers (6.0%). In line with average of industry peers (6.5%). Declared Dividend • Feb 01
Dividend increased to €1.18 Dividend of €1.18 is 1.7% higher than last year. Ex-date: 19th March 2025 Payment date: 27th March 2025 Dividend yield will be 6.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 6.2% over the next 3 years. However, it would need to fall by 22% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jan 30
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: €1.69 (up from €1.09 in FY 2023). Revenue: €136.6m (up 19% from FY 2023). Net income: €44.6m (up 55% from FY 2023). Profit margin: 33% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 3.5%. Announcement • Jan 24
Antti Kuljukka Not to Stand for Re-Election as Board Member of Evli Oyj Evli Oyj announced that Of the current Board members, Antti Kuljukka has stated that he is not available for re-election. Reported Earnings • Oct 27
Third quarter 2024 earnings: Revenues miss analyst expectations Third quarter 2024 results: Revenue: €26.8m (down 2.2% from 3Q 2023). Net income: €7.50m (down 1.3% from 3Q 2023). Profit margin: 28% (in line with 3Q 2023). Revenue missed analyst estimates by 6.8%. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 4.2%. Buy Or Sell Opportunity • Oct 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to €18.75. The fair value is estimated to be €23.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 99%. For the next 3 years, revenue is forecast to decline by 0.9% per annum. Earnings are also forecast to decline by 6.4% per annum over the same time period. Buy Or Sell Opportunity • Oct 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to €18.75. The fair value is estimated to be €23.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 99%. For the next 3 years, revenue is forecast to decline by 0.9% per annum. Earnings are also forecast to decline by 6.4% per annum over the same time period. Announcement • Sep 24
Evli Oyj, Annual General Meeting, Mar 18, 2025 Evli Oyj, Annual General Meeting, Mar 18, 2025. Announcement • Sep 11
Evli Launches New Green Transition Fund to Invest in Growth Companies in Energy, Resource Efficiency and the Circular Economy Evli Oyj launching new green transition fund - to invest in energy, resource efficiency and the circular economy. Evli Private Capital Fund I is Finland's first thematic growth equity fund focused on minority investments. The fund will have a target size of EUR 70 million and will invest in 5-8 target companies in Finland and Sweden. A typical investment size is EUR 8-15 million. The green transition will be one of the most important growth drivers both now and in the coming decades, with global investment needs driven by climate change estimated to be around $100-150 trillion by 2050. The new Evli Private Capital Fund I aims to capitalize on this green transition megatrend by investing in Finnish and Swedish unlisted companies with significant growth potential. The Evli Private Capital team consists of experienced investment professionals and is part of Evli's 38-person alternative investments organization. The team's founding partners, Kalle Kekkonen and Kia Aejmelaeus, have made several private equity investments over the past three years in interesting growth companies promoting sustainable development. Examples of previous investments include Elcoline and Solnet Green Energy, both of which have now set their sights on growing internationally. In the Finnish fund landscape, Evli's new growth fund is positioned between early-stage Venture Capital funds and later-stage Buyout funds. The fund will make significant minority investments in profitable growth phase companies. Evli is an active owner that in addition to capital, provides the companies also with support in areas such as strategy clarification, implementing M&A and internationalization, as well as access to a broad network of experts. Reported Earnings • Jul 17
Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2024 results: EPS: €0.32 (up from €0.26 in 2Q 2023). Revenue: €31.5m (up 13% from 2Q 2023). Net income: €8.60m (up 23% from 2Q 2023). Profit margin: 27% (up from 25% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Capital Markets industry in Finland. Recent Insider Transactions • Apr 30
Head of Investment Products & Services recently sold €391k worth of stock On the 25th of April, Kim Pessala sold around 20k shares on-market at roughly €19.56 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Major Estimate Revision • Apr 29
Consensus revenue estimates increase by 18% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €103.9m to €122.8m. EPS estimate increased from €1.58 to €1.79 per share. Net income forecast to grow 3.9% next year vs 3.0% growth forecast for Capital Markets industry in Finland. Consensus price target up from €21.00 to €22.00. Share price was steady at €19.75 over the past week. Price Target Changed • Apr 24
Price target increased by 10% to €22.00 Up from €20.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of €19.65. Stock is up 3.7% over the past year. The company is forecast to post earnings per share of €1.79 for next year compared to €1.09 last year. Reported Earnings • Apr 23
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: €0.82 (up from €0.27 in 1Q 2023). Revenue: €44.8m (up 65% from 1Q 2023). Net income: €21.6m (up 209% from 1Q 2023). Profit margin: 48% (up from 26% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 77%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 5.0%. Upcoming Dividend • Mar 08
Upcoming dividend of €1.15 per share Eligible shareholders must have bought the stock before 15 March 2024. Payment date: 25 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.8%. Within top quartile of Finnish dividend payers (5.7%). In line with average of industry peers (5.8%). Major Estimate Revision • Mar 08
Consensus revenue estimates decrease by 11%, EPS upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €117.2m to €103.9m. EPS estimate increased from €1.24 to €1.58 per share. Net income forecast to grow 47% next year vs 5.7% growth forecast for Capital Markets industry in Finland. Consensus price target up from €20.00 to €21.00. Share price rose 2.0% to €20.10 over the past week. Declared Dividend • Feb 21
Dividend of €1.15 announced Dividend of €1.15 is the same as last year. Ex-date: 15th March 2024 Payment date: 25th March 2024 Dividend yield will be 6.1%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio). However, it is covered by cash flows (72% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 18% to bring the payout ratio under control. EPS is expected to grow by 33% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Major Estimate Revision • Feb 01
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €125.1m to €117.2m. EPS estimate also fell from €1.56 per share to €1.25 per share. Net income forecast to grow 16% next year vs 14% growth forecast for Capital Markets industry in Finland. Consensus price target down from €21.00 to €20.00. Share price fell 3.7% to €19.55 over the past week. Reported Earnings • Jan 26
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: €1.09 (up from €0.83 in FY 2022). Revenue: €115.6m (up 15% from FY 2022). Net income: €28.8m (up 39% from FY 2022). Profit margin: 25% (up from 21% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Capital Markets industry in Finland. Announcement • Nov 17
Evli Oyj (HLSE:EVLI) agreed to acquire 67% stake in Zenito Oy. Evli Oyj (HLSE:EVLI) agreed to acquire 67% stake in Zenito Oy on November 15, 2023. The completion of the transaction is subject to approval by the Financial Supervisory Authority. New Risk • Oct 28
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 178% Reported Earnings • Oct 28
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €28.1m (up 31% from 3Q 2022). Net income: €7.60m (up 43% from 3Q 2022). Profit margin: 27% (up from 25% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Capital Markets industry in Finland. Announcement • Oct 01
Evli Plc Announces Member of Executive Group Changes, Effective October 1, 2023 Evli Plc announced that M.Sc. (Econ.) Mona von Weissenberg, Head of Institutional Clients has been appointed as a member of Evli’s Executive Group as of October 1, 2023. Von Weissenberg joined Evli at the end of 2022 following the merger of EAB Group Plc and Evli. Simultaneously, Mikael Thunved, current member of the Executive Group and CEO of Evli’s Swedish subsidiary Evli Ab, will leave the Executive Group as of October 1, 2023. Thunved will continue to focus on developing Evli's Swedish operations as CEO of Evli Ab. Mona has extensive experience in various roles in the financial sector and she has brought valuable knowledge and skills to Evli’s business. She is a respected and experienced business leader with whom the company will continue to grow its institutional clients business. Evli Plc's Executive Group members as of October 1, 2023: Maunu Lehtimäki, CEO; Juho Mikola, CFO; Mari Etholén, HR and Legal Affairs; Panu Jousimies, Execution and Operations; Kim Pessala, Investment products and services; Esa Pensala, Private clients and Mona von Weissenberg, Institutional clients. Announcement • Sep 27
Evli Oyj to Report Q3, 2023 Results on Oct 26, 2023 Evli Oyj announced that they will report Q3, 2023 results on Oct 26, 2023 Price Target Changed • Jul 27
Price target increased by 11% to €21.00 Up from €19.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €20.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of €1.19 for next year compared to €0.83 last year. Announcement • Jul 21
Evli Oyj Provides Operating Results Guidance for the Year 2023 Evli Oyj provided operating results guidance for the year 2023. The company estimates that the operating result will be well above the comparison period's level (EUR 30.9 million in 2022). New Risk • Jul 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 101% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 101% Revenue has declined by 2.2% over the past year. Minor Risks High level of debt (89% net debt to equity). Profit margins are more than 30% lower than last year (21% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). Significant insider selling over the past 3 months (€526k sold). Reported Earnings • Jul 19
Second quarter 2023 earnings: Revenues in line with analyst expectations Second quarter 2023 results: Revenue: €28.0m (up 18% from 2Q 2022). Net income: €7.00m (up 30% from 2Q 2022). Profit margin: 25% (up from 23% in 2Q 2022). The increase in margin was driven by higher revenue. New Risk • Jul 16
New major risk - Revenue and earnings growth Revenue has declined by 11% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 11% over the past year. Minor Risks High level of debt (92% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (€526k sold). Announcement • Jun 19
Evli Oyj to Report Q2, 2023 Results on Jul 18, 2023 Evli Oyj announced that they will report Q2, 2023 results on Jul 18, 2023 Recent Insider Transactions • May 07
Insider recently sold €468k worth of stock On the 28th of April, Panu Jousimies sold around 25k shares on-market at roughly €18.70 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €526k more than they bought in the last 12 months. Reported Earnings • Apr 26
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: EPS: €0.27. Revenue: €27.1m (up 11% from 1Q 2022). Net income: €7.00m (up 2.9% from 1Q 2022). Profit margin: 26% (down from 28% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 3.7%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Capital Markets industry in Finland. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Capital Markets industry in Finland. Buying Opportunity • Mar 20
Now 22% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €22.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has grown by 41,499,900%. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Announcement • Feb 15
Evli Plc Proposes Dividend, Payable on March 23, 2023 Evli Plc at its annual general meeting to be held on March 14, 2023, the board of directors proposes that based on the balance sheet to be adopted for financial year 2022, a dividend of a maximum of EUR 0.80 per share be paid from the distributable funds of the Company, in addition to which a maximum of EUR 0.35 per share will be distributed from the reserve for invested unrestricted equity. The dividend and the distribution from the reserve for invested unrestricted equity shall be paid to shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Oy on the dividend record date on March 16, 2023. The Board of Directors proposes that the distribution of funds shall be paid on March 23, 2023. Reported Earnings • Jan 27
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €0.87. Revenue: €100.8m (down 16% from FY 2021). Net income: €20.7m (down 47% from FY 2021). Profit margin: 21% (down from 33% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Capital Markets industry in Finland. Board Change • Jan 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Fredrik Hacklin is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Nov 02
Evli Oyj, Annual General Meeting, Mar 14, 2023 Evli Oyj, Annual General Meeting, Mar 14, 2023. Announcement • Jul 16
Evli Oyj Provides Earnings Guidance for the Year 2022 Evli Oyj announced that despite increased risks, the company estimates that the result for 2022 will be at a good level. Announcement • Jun 16
Evli Oyj to Report Q2, 2022 Results on Jul 15, 2022 Evli Oyj announced that they will report Q2, 2022 results on Jul 15, 2022 Announcement • May 20
Evli plc Provides Earnings Guidance for the Full Year 2022 Evli Plc provided earnings guidance for the full year 2022. The year 2022 has started in a challenging market, due to heightened interest rate and inflation fears, increased geopolitical risks and a declining market. Despite increased risks, the company estimated that the result for 2022 will be at a good level.