Reported Earnings • May 15
First quarter 2026 earnings released: EPS: kr0.68 (vs kr0.29 loss in 1Q 2025) First quarter 2026 results: EPS: kr0.68 (up from kr0.29 loss in 1Q 2025). Revenue: kr1.74b (up 102% from 1Q 2025). Net income: kr34.7m (up kr46.4m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Endúr ASA announces Annual dividend, payable on June 03, 2026 Endúr ASA announced Annual dividend of NOK 0.8000 per share payable on June 03, 2026, ex-date on May 21, 2026 and record date on May 22, 2026. Reported Earnings • Mar 02
Full year 2025 earnings released Full year 2025 results: Revenue: kr6.42b (up 130% from FY 2024). Net income: kr137.3m (up 216% from FY 2024). Profit margin: 2.1% (up from 1.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Announcement • Dec 23
Endúr ASA, Annual General Meeting, May 20, 2026 Endúr ASA, Annual General Meeting, May 20, 2026. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: kr1.27 (vs kr0.30 in 3Q 2024) Third quarter 2025 results: EPS: kr1.27 (up from kr0.30 in 3Q 2024). Revenue: kr1.84b (up 147% from 3Q 2024). Net income: kr63.9m (up 476% from 3Q 2024). Profit margin: 3.5% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the United Kingdom. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: kr0.84 (vs kr0.49 in 2Q 2024) Second quarter 2025 results: EPS: kr0.84 (up from kr0.49 in 2Q 2024). Revenue: kr1.69b (up 144% from 2Q 2024). Net income: kr42.5m (up 134% from 2Q 2024). Profit margin: 2.5% (in line with 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Reported Earnings • May 16
First quarter 2025 earnings released: kr0.29 loss per share (vs kr0.17 loss in 1Q 2024) First quarter 2025 results: kr0.29 loss per share (further deteriorated from kr0.17 loss in 1Q 2024). Revenue: kr863.1m (up 50% from 1Q 2024). Net loss: kr11.7m (loss widened 86% from 1Q 2024). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in the United Kingdom. New Risk • Mar 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (kr2.5m sold). New Risk • Mar 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (kr2.5m sold). Recent Insider Transactions • Mar 12
Chief Financial Officer recently sold kr2.5m worth of stock On the 5th of March, Einar Olsen sold around 35k shares on-market at roughly kr71.30 per share. This transaction amounted to 31% 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 Einar's only on-market trade for the last 12 months. Reported Earnings • Feb 11
Full year 2024 earnings released: EPS: kr1.28 (vs kr0.84 loss in FY 2023) Full year 2024 results: EPS: kr1.28 (up from kr0.84 loss in FY 2023). Revenue: kr2.79b (up 41% from FY 2023). Net income: kr47.0m (up kr74.0m from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: kr0.30 (vs kr0.61 in 3Q 2023) Third quarter 2024 results: EPS: kr0.30 (down from kr0.61 in 3Q 2023). Revenue: kr744.4m (up 76% from 3Q 2023). Net income: kr11.1m (down 45% from 3Q 2023). Profit margin: 1.5% (down from 4.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Board Change • Aug 28
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. 5 non-independent directors. Director Pål Skjæggestad was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 20
Endúr ASA, Annual General Meeting, May 15, 2025 Endúr ASA, Annual General Meeting, May 15, 2025. Board Change • Jun 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. 5 non-independent directors. Director Pål Skjæggestad was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
Full year 2023 earnings released: kr0.84 loss per share (vs kr0.33 profit in FY 2022) Full year 2023 results: kr0.84 loss per share (down from kr0.33 profit in FY 2022). Revenue: kr1.98b (down 21% from FY 2022). Net loss: kr27.0m (down 397% from profit in FY 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Mar 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Dec 29
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. 5 non-independent directors. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 16
Endúr ASA (OB:ENDUR) completed the acquisition of Repstad Anlegg AS. Endúr ASA (OB:ENDUR) agreed to acquire 100% stake in Repstad Anlegg As for NOK 317 million on November 7, 2023. As per agreement NOK 167 million will be paid in consideration shares with the lock-up period restrictions of being released with 1/3 after 6 months, 1/3 after 12 months and 1/3 after 24 months, seller’s credit of NOK 50 million, due by June 30 2026, and NOK 100 million bank loan from SpareBank 1 SMN and SpareBank 1 SR-Bank. The transaction includes an earn-out of +/- 2x (EBIT2023-2025 – NOK 150 million), capped and floored at +NOK 100 million and -NOK 50 million, due by 30 June 2026 and 250,000 new options to be issued to Repstad management. The transaction values Repstad at NOK 315 million on a cash- and debt-free basis (NOK 455 million incl. leasing. The transaction is subject to approval from The Norwegian Competition Authority and certain customary conditions. The transaction is expected to be completed by early December of 2023.
Endúr ASA (OB:ENDUR) completed the acquisition of Repstad Anlegg AS on December 14, 2023. Board Change • Dec 06
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. 5 non-independent directors. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 14
Chief Executive Officer recently bought kr126k worth of stock On the 10th of November, Jeppe Raaholt bought around 3k shares on-market at roughly kr42.00 per share. This transaction amounted to 1.5% 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 Jeppe's only on-market trade for the last 12 months. Board Change • Nov 11
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. 5 non-independent directors. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Endúr ASA (OB:ENDUR) agreed to acquire 100% stake in Repstad Anlegg As for NOK 317 million. Endúr ASA (OB:ENDUR) agreed to acquire 100% stake in Repstad Anlegg As for NOK 317 million on November 7, 2023. As per agreement NOK 167 million will be paid in consideration shares with the lock-up period restrictions of being released with 1/3 after 6 months, 1/3 after 12 months and 1/3 after 24 months, seller’s credit of NOK 50 million, due by June 30 2026, and NOK 100 million bank loan from SpareBank 1 SMN and SpareBank 1 SR-Bank. The transaction includes an earn-out of +/- 2x (EBIT2023-2025 – NOK 150 million), capped and floored at +NOK 100 million and -NOK 50 million, due by 30 June 2026 and 250,000 new options to be issued to Repstad management. The transaction values Repstad at NOK 315 million on a cash- and debt-free basis (NOK 455 million incl. leasing. The transaction is subject to approval from The Norwegian Competition Authority and certain customary conditions. The transaction is expected to be completed by early December of 2023. Board Change • Sep 29
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. 5 non-independent directors. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 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. 5 non-independent directors. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 13
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. Board Member Hedvig Reiersen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
