Reported Earnings • Jul 17
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: kr346.3m (down 4.3% from 2Q 2025). Net income: kr30.4m (down 42% from 2Q 2025). Profit margin: 8.8% (down from 14% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 06
Independent Chair of the Board recently bought kr346k worth of stock On the 4th of May, Ebba Ljungerud bought around 10k shares on-market at roughly kr34.60 per share. This transaction amounted to 8.2% 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 Ebba's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 43% After last week's 43% share price decline to kr38.96, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 689% over the past three years. Reported Earnings • Apr 23
Full year 2025 earnings released: EPS: kr5.62 (vs kr2.78 in FY 2024) Full year 2025 results: EPS: kr5.62 (up from kr2.78 in FY 2024). Revenue: kr1.26b (up 16% from FY 2024). Net income: kr168.5m (up 102% from FY 2024). Profit margin: 13% (up from 7.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 138% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr65.55, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 1,227% over the past three years. Announcement • Mar 21
Nelly Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 17, 2026 Nelly Group AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 17, 2026 Announcement • Mar 07
Nelly Group AB (publ) to Report Q3, 2026 Results on Oct 22, 2026 Nelly Group AB (publ) announced that they will report Q3, 2026 results on Oct 22, 2026 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to kr63.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 15x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 707% over the past three years. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: kr5.62 (vs kr2.78 in FY 2024) Full year 2025 results: EPS: kr5.62 (up from kr2.78 in FY 2024). Revenue: kr1.26b (up 16% from FY 2024). Net income: kr168.5m (up 102% from FY 2024). Profit margin: 13% (up from 7.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 95% per year, which means it is significantly lagging earnings growth. New Risk • Feb 10
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 British stocks, typically moving 11% 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 High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr131, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 14x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 1,573% over the past three years. Buy Or Sell Opportunity • Jan 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to kr113. The fair value is estimated to be kr93.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 02
Nelly Group AB (publ)(OM:NELLY) dropped from OMX Nordic Small Cap Index Nelly Group AB (publ) has been removed from OMX Nordic Small Cap Index . Buy Or Sell Opportunity • Dec 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to kr110. The fair value is estimated to be kr91.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Nov 04
Nelly Group AB (publ), Annual General Meeting, May 18, 2026 Nelly Group AB (publ), Annual General Meeting, May 18, 2026. Announcement • Oct 28
Nelly Group AB (publ) to Report Q2, 2026 Results on Jul 15, 2026 Nelly Group AB (publ) announced that they will report Q2, 2026 results on Jul 15, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: kr1.38 (vs kr0.74 in 3Q 2024) Third quarter 2025 results: EPS: kr1.38 (up from kr0.74 in 3Q 2024). Revenue: kr283.7m (up 18% from 3Q 2024). Net income: kr41.5m (up 86% from 3Q 2024). Profit margin: 15% (up from 9.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year whereas the company’s share price has increased by 122% per year. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to kr61.90, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 24x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 351% over the past three years. Announcement • May 23
Nelly Group AB (publ) Elects Lars Axelsson and Mikaela Willman as New Board Members Nelly Group AB (publ) held its Annual General Meeting on May 23, 2025, elected Lars Axelsson and Mikaela Willman as new Board members. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: kr0.54 (vs kr0.063 loss in 1Q 2024) First quarter 2025 results: EPS: kr0.54 (up from kr0.063 loss in 1Q 2024). Revenue: kr247.8m (up 12% from 1Q 2024). Net income: kr16.3m (up kr18.2m from 1Q 2024). Profit margin: 6.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr36.99, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 83% over the past three years. Board Change • Feb 13
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 08
Full year 2024 earnings released: EPS: kr2.78 (vs kr0.057 loss in FY 2023) Full year 2024 results: EPS: kr2.78 (up from kr0.057 loss in FY 2023). Revenue: kr1.09b (up 3.2% from FY 2023). Net income: kr83.4m (up kr84.9m from FY 2023). Profit margin: 7.6% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Jan 08
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 11
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 20
Nelly Group AB (Publ) Proposes A Dividend, Payable on 19 December 2024 Nelly Group AB (publ) has resolved to propose a dividend to the shareholders of SEK 0.83 per ordinary share and will convene an Extraordinary General Meeting for resolution. The Extraordinary General Meeting will be held on 12 December 2024. The Board proposes 16 December 2024 as the record date for the dividend. If the Extraordinary General Meeting resolves in accordance with the proposal, the dividend is expected to be distributed via Euroclear Sweden AB on 19 December 2024. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr29.60, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 25% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr0.74 (vs kr0.30 in 3Q 2023) Third quarter 2024 results: EPS: kr0.74 (up from kr0.30 in 3Q 2023). Revenue: kr239.6m (up 1.4% from 3Q 2023). Net income: kr22.3m (up 145% from 3Q 2023). Profit margin: 9.3% (up from 3.8% in 3Q 2023). The increase in margin was primarily driven by lower expenses. 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 4% per year, which means it is significantly lagging earnings. Announcement • Oct 23
Nelly Group AB (publ), Annual General Meeting, May 23, 2025 Nelly Group AB (publ), Annual General Meeting, May 23, 2025. Location: stockholm Sweden Board Change • Oct 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 54% After last week's 54% share price gain to kr26.25, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 18x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 140% over the past year. Board Change • Jul 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • May 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 16
Full year 2023 earnings released: kr0.057 loss per share (vs kr3.98 loss in FY 2022) Full year 2023 results: kr0.057 loss per share (improved from kr3.98 loss in FY 2022). Revenue: kr1.06b (down 18% from FY 2022). Net loss: kr1.50m (loss narrowed 98% from FY 2022). Recent Insider Transactions • Feb 23
Director recently bought kr449k worth of stock On the 19th of February, Daniel Hornqvist bought around 27k shares on-market at roughly kr16.69 per share. This transaction increased Daniel's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.4m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 04
Full year 2023 earnings released: kr0.057 loss per share (vs kr3.98 loss in FY 2022) Full year 2023 results: kr0.057 loss per share (improved from kr3.98 loss in FY 2022). Revenue: kr1.06b (down 18% from FY 2022). Net loss: kr1.50m (loss narrowed 98% from FY 2022). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: kr0.30 (vs kr0.88 loss in 3Q 2022) Third quarter 2023 results: EPS: kr0.30 (up from kr0.88 loss in 3Q 2022). Revenue: kr236.4m (down 17% from 3Q 2022). Net income: kr9.10m (up kr25.0m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Sep 29
Nelly Group AB (publ) Announces the Appointment of Helena Karlinder-Östlundh as CEO The Board of Directors of Nelly Group AB (publ) announced the appointment of Helena Karlinder-Östlundh as permanent CEO. She has been acting CEO since 16 January 2023 and will assume her permanent role immediately. Helena Karlinder-Östlundh has worked with human resources and organisational development since 2005, including as a consultant at McKinsey & Company in the UK and as Chief People Officer at MECCA Brands in Australia. Helena has been acting CEO of Nelly during the period 13 June to 21 August 2022 and since 16 January 2023. She holds a Master of Science in organisational psychology from the London School of Economics and Political Science. Recent Insider Transactions • Sep 22
Interim Chief Financial Officer recently bought kr966k worth of stock On the 20th of September, Ola Wahlström bought around 76k shares on-market at roughly kr12.71 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 Ola's only on-market trade for the last 12 months. Announcement • Sep 16
Nelly Group AB (Publ) Announces CFO Changes Nelly Group AB (publ) appointed Niklas Lingblom as CFO as of January 2024 at the latest. Once he starts, he will succeed Ola Wahlström who has served as interim CFO for the company since the 1st of November 2022. Niklas Lingblom most recently held the position of CFO at Inet AB. Prior to that, he worked in several roles including Finance Manager at PowerCell Sweden AB, Financial Controller at Exertis CapTech AB, and Senior Auditor at EY. Niklas has a degree from the Gothenburg School of Business, Economics and Law. Niklas will assume his new position latest in January 2024 and Ola Wahlström will continue to work alongside him during the first quarter of 2024 to complete the handover. Recent Insider Transactions • Sep 05
Chief People recently bought kr101k worth of stock On the 1st of September, Helena Karlinder-Ostlundh bought around 10k shares on-market at roughly kr10.08 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 Helena's only on-market trade for the last 12 months. Board Change • Jul 26
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Non-Executive Director Josephine Salenstedt is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jul 21
Nelly Group AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024 Nelly Group AB (publ) announced that they will report fiscal year 2023 results on Feb 02, 2024 Announcement • Jan 06
Nelly Group AB (publ) to Report Q3, 2023 Results on Oct 26, 2023 Nelly Group AB (publ) announced that they will report Q3, 2023 results at 8:00 AM, Central European Standard Time on Oct 26, 2023