Board Change • Apr 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Heikki Lansisyrja was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 04
Price target increased by 9.1% to €1.20 Up from €1.10, the current price target is provided by 1 analyst. New target price is 9.1% above last closing price of €1.10. Stock is down 11% over the past year. The company is forecast to post a net loss per share of €0.31 next year compared to a net loss per share of €0.23 last year. New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€14.8m market cap, or US$17.5m). New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€13.1m market cap, or US$15.6m). Announcement • Dec 19
Rebl Group Oyj, Annual General Meeting, Mar 27, 2026 Rebl Group Oyj, Annual General Meeting, Mar 27, 2026. New Risk • Aug 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€16.3m market cap, or US$18.9m). Price Target Changed • Aug 07
Price target decreased by 13% to €1.30 Down from €1.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.32. Stock is down 20% over the past year. The company is forecast to post a net loss per share of €0.20 next year compared to a net loss per share of €0.23 last year. New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€16.8m market cap, or US$19.1m). Board Change • Apr 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. 3 experienced directors. 3 highly experienced directors. Independent Director Heikki Lansisyrja 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. New Risk • Mar 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (€15.6m market cap, or US$17.0m). Reported Earnings • Mar 03
Full year 2024 earnings released: €0.23 loss per share (vs €0.27 loss in FY 2023) Full year 2024 results: €0.23 loss per share (improved from €0.27 loss in FY 2023). Revenue: €119.6m (down 12% from FY 2023). Net loss: €2.90m (loss narrowed 14% from FY 2023). Revenue is expected to decline by 4.1% p.a. on average during the next 2 years, while revenues in the Media industry in Finland are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Announcement • Dec 20
Rebl Group Oyj, Annual General Meeting, Mar 28, 2025 Rebl Group Oyj, Annual General Meeting, Mar 28, 2025. Reported Earnings • Aug 18
Second quarter 2024 earnings released: €0.01 loss per share (vs €0.17 loss in 2Q 2023) Second quarter 2024 results: €0.01 loss per share (improved from €0.17 loss in 2Q 2023). Revenue: €32.9m (down 4.4% from 2Q 2023). Net income: €0 (up €2.10m from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). Revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Media industry in Europe are expected to grow by 2.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 05
Full year 2023 earnings released: €0.27 loss per share (vs €0.43 loss in FY 2022) Full year 2023 results: €0.27 loss per share (improved from €0.43 loss in FY 2022). Revenue: €137.1m (up 1.7% from FY 2022). Net loss: €3.36m (loss narrowed 38% from FY 2022). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Media industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Price Target Changed • Feb 04
Price target increased by 7.4% to €2.90 Up from €2.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €2.90. Stock is down 36% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.43 last year. Announcement • Feb 01
Keskisuomalainen Oyj (HLSE:KSLAV) signed a deed of sale to acquire Sanomalehti Karjalainen O, Karelia Viestintä Oy and PunaMusta Paikallismediat Oy from PunaMusta Media Oyj (HLSE:PUMU) for €8.5 million. Keskisuomalainen Oyj (HLSE:KSLAV) signed a deed of sale to acquire Sanomalehti Karjalainen O, Karelia Viestintä Oy and PunaMusta Paikallismediat Oy from PunaMusta Media Oyj (HLSE:PUMU) for €8.5 million on January 31, 2024. The transaction will be financed through cash assets and debt financing. In connection with the transaction, Keskisuomalainen Oyj will sign a three-year newspaper printing subcontracting agreement with PunaMusta Media Oyj and a nine-month website manufacturing subcontract. As of 2022, the net sales of PunaMusta Media Group's media business were €19.0 million, EBITDA of €1.2 million, operating profit of €0.7 million and balance sheet total of €5.5 million. The completion of the transaction is subject to approval by the Finnish Competition and Consumer Authority and is expected to be completed during the first half of 2024. Reported Earnings • Aug 21
Second quarter 2023 earnings released: €0.17 loss per share (vs €0.03 loss in 2Q 2022) Second quarter 2023 results: €0.17 loss per share (further deteriorated from €0.03 loss in 2Q 2022). Revenue: €34.4m (flat on 2Q 2022). Net loss: €2.10m (loss widened €1.80m from 2Q 2022). Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Media industry in Finland are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 06
Full year 2022 earnings released: €0.43 loss per share (vs €0.36 profit in FY 2021) Full year 2022 results: €0.43 loss per share (down from €0.36 profit in FY 2021). Revenue: €136.9m (up 28% from FY 2021). Net loss: €5.40m (down 219% from profit in FY 2021). Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Media industry in Finland are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has fallen by 22% 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. Price Target Changed • Nov 17
Price target decreased to €4.00 Down from €5.00, the current price target is provided by 1 analyst. New target price is 20% below last closing price of €5.00. Stock is down 12% over the past year. The company is forecast to post a net loss per share of €0.10 compared to earnings per share of €0.36 last year. Board Change • Nov 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Heikki Lansisyrja was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Aug 22
Price target decreased to €5.00 Down from €5.80, the current price target is provided by 1 analyst. New target price is 11% below last closing price of €5.60. Stock is down 10% over the past year. The company posted earnings per share of €0.36 last year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: €0.03 loss per share (vs €0.072 loss in 2Q 2021) Second quarter 2022 results: €0.03 loss per share (up from €0.072 loss in 2Q 2021). Revenue: €35.0m (up 31% from 2Q 2021). Net loss: €300.0k (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Heikki Lansisyrja was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 22
Upcoming dividend of €0.18 per share Eligible shareholders must have bought the stock before 28 March 2022. Payment date: 05 April 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Finnish dividend payers (4.3%). Lower than average of industry peers (4.1%). Reported Earnings • Mar 01
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €0.36 (up from €0.056 loss in FY 2020). Revenue: €109.1m (up 5.3% from FY 2020). Net income: €4.52m (up €5.22m from FY 2020). Profit margin: 4.1% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 1.4%, compared to a 4.5% growth forecast for the industry in Finland. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 24
PunaMusta Media Oyj (HLSE:PUMU) acquired printing business from Unigrafia Oy. PunaMusta Media Oyj (HLSE:PUMU) acquired printing business from Unigrafia Oy on September 1, 2021. Four Unigrafia employees transferred to PunaMusta Media Group with the acquisition.
PunaMusta Media Oyj (HLSE:PUMU) completed the acquisition of printing business from Unigrafia Oy on September 1, 2021. Reported Earnings • Aug 24
Second quarter 2021 earnings released The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €27.2m (up 20% from 2Q 2020). Net loss: €900.0k (loss widened 350% from 2Q 2020). Price Target Changed • Apr 25
Price target increased to €5.80 Up from €5.40, the current price target is provided by 1 analyst. New target price is 13% below last closing price of €6.70. Stock is up 13% over the past year. Upcoming Dividend • Mar 19
Upcoming Dividend of €0.15 Per Share Will be paid on the 7th of April to those who are registered shareholders by the 26th of March. The trailing yield of 2.4% is below the top quartile of Finnish dividend payers (3.8%), and is lower than industry peers (3.4%). Reported Earnings • Feb 28
Full year 2020 earnings released: €0.06 loss per share (vs €0.18 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €105.8m (down 2.2% from FY 2019). Net loss: €700.0k (down 130% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Over the next year, revenue is forecast to grow 1.6%, compared to a 13% growth forecast for the Media industry in Finland. Is New 90 Day High Low • Feb 19
New 90-day high: €6.70 The company is up 19% from its price of €5.65 on 20 November 2020. The Finnish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: €5.85 The company is up 2.0% from its price of €5.75 on 28 October 2020. The Finnish market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: €5.50 The company is down 5.0% from its price of €5.80 on 16 September 2020. The Finnish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: €5.60 The company is down 4.0% from its price of €5.85 on 04 August 2020. The Finnish market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 21% over the same period.