Reported Earnings • May 29
First quarter 2026 earnings released First quarter 2026 results: Revenue: €170.0k (up 166% from 1Q 2025). Net loss: €249.0k (loss narrowed 3.9% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: €0.039 (vs €0.041 loss in FY 2024) Full year 2025 results: EPS: €0.039 (up from €0.041 loss in FY 2024). Revenue: €2.30m (up 200% from FY 2024). Net income: €1.59m (up €3.28m from FY 2024). Profit margin: 69% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. 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 6% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: €0.037 (vs €0.041 loss in FY 2024) Full year 2025 results: EPS: €0.037 (up from €0.041 loss in FY 2024). Revenue: €2.30m (up 200% from FY 2024). Net income: €1.49m (up €3.19m from FY 2024). Profit margin: 65% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. New Risk • Jan 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr100.8m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (kr100.8m market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (€872k revenue, or US$1.0m). Board Change • Jan 05
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. No experienced directors. 3 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 30
Third quarter 2025 earnings released Third quarter 2025 results: Net income: €27.0k (up €243.0k from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • Nov 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (€51k revenue, or US$59k). Minor Risk Market cap is less than US$100m (kr112.1m market cap, or US$11.0m). Board Change • Nov 19
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. No experienced directors. 3 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: €0.014 (vs €0.004 loss in 2Q 2024) Second quarter 2025 results: EPS: €0.014 (up from €0.004 loss in 2Q 2024). Net income: €586.0k (up €755.0k from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • May 30
First quarter 2025 earnings released First quarter 2025 results: Net loss: €259.0k (down 212% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 27
Full year 2024 earnings released: €0.041 loss per share (vs €0.012 profit in FY 2023) Full year 2024 results: €0.041 loss per share (down from €0.012 profit in FY 2023). Net loss: €1.69m (down 443% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2024 earnings released: €0.033 loss per share (vs €0.001 profit in FY 2023) Full year 2024 results: €0.033 loss per share (down from €0.001 profit in FY 2023). Net loss: €1.35m (down €1.41m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 01
Third quarter 2024 earnings released: €0.005 loss per share (vs €0.023 profit in 3Q 2023) Third quarter 2024 results: €0.005 loss per share (down from €0.023 profit in 3Q 2023). Net loss: €216.0k (down 123% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (kr127.4m market cap, or US$11.4m). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr2.62, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 32x in the Real Estate industry in Norway. Total returns to shareholders of 61% over the past three years. Announcement • Oct 30
RomReal Limited, Annual General Meeting, Apr 30, 2026 RomReal Limited, Annual General Meeting, Apr 30, 2026. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr2.62, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 36x in the Real Estate industry in Norway. Total returns to shareholders of 46% over the past three years. Reported Earnings • Sep 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €193.0k (up 14% from 2Q 2023). Net loss: €169.0k (down €188.0k from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr3.10, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 17x in the Real Estate industry in Norway. Total returns to shareholders of 72% over the past three years. Recent Insider Transactions • Jun 04
Executive Chairman & CEO recently bought kr149k worth of stock On the 31st of May, Kjetil Gronskag bought around 60k shares on-market at roughly kr2.48 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr263k worth in shares. New Risk • Jun 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (kr101.8m market cap, or US$9.62m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: €0.001 (vs €0.015 loss in FY 2022) Full year 2023 results: EPS: €0.001 (up from €0.015 loss in FY 2022). Revenue: €3.54m (down 27% from FY 2022). Net income: €59.5k (up €694.7k from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 11
Executive Chairman & CEO recently bought kr114k worth of stock On the 5th of April, Kjetil Gronskag bought around 50k shares on-market at roughly kr2.28 per share. This transaction amounted to less than 1% 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 Kjetil's only on-market trade for the last 12 months. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: €0.001 (vs €0.015 loss in FY 2022) Full year 2023 results: EPS: €0.001 (up from €0.015 loss in FY 2022). Revenue: €3.54m (down 27% from FY 2022). Net income: €59.0k (up €694.2k from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Third quarter 2023 earnings released: EPS: €0.023 (vs €0.018 in 3Q 2022) Third quarter 2023 results: EPS: €0.023 (up from €0.018 in 3Q 2022). Net income: €934.0k (up 23% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Second quarter 2023 earnings released Second quarter 2023 results: Net income: €19.0k (up €746.0k from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 27
First quarter 2023 earnings released: €0.009 loss per share (vs €0.008 profit in 1Q 2022) First quarter 2023 results: €0.009 loss per share (down from €0.008 profit in 1Q 2022). Net loss: €389.0k (down 217% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 21
Full year 2022 earnings released: €0.015 loss per share (vs €0.037 profit in FY 2021) Full year 2022 results: €0.015 loss per share (down from €0.037 profit in FY 2021). Net loss: €635.2k (down 142% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 25
Full year 2022 earnings released: €0.013 loss per share (vs €0.037 profit in FY 2021) Full year 2022 results: €0.013 loss per share (down from €0.037 profit in FY 2021). Net loss: €520.0k (down 134% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 24% share price gain to kr2.10, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 7x in the Real Estate industry in Norway. Total loss to shareholders of 15% over the past three years. Board Change • Jan 02
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. 2 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 27
Third quarter 2022 earnings released: EPS: €0.018 (vs €0.022 in 3Q 2021) Third quarter 2022 results: EPS: €0.018 (down from €0.022 in 3Q 2021). Revenue: €2.21m (up 8.3% from 3Q 2021). Net income: €760.0k (down 16% from 3Q 2021). Profit margin: 34% (down from 44% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 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. 2 experienced directors. 2 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. 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 • Oct 27
Investor sentiment improved over the past week After last week's 19% share price gain to kr1.98, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 6x in the Real Estate industry in Norway. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr1.78, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 6x in the Real Estate industry in Norway. Total loss to shareholders of 21% over the past three years. Recent Insider Transactions • Sep 10
Executive Chairman & CEO recently bought kr199k worth of stock On the 6th of September, Kjetil Gronskag bought around 101k shares on-market at roughly kr1.97 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares. Reported Earnings • Aug 26
Second quarter 2022 earnings released Second quarter 2022 results: Net loss: €727.0k (loss widened 91% from 2Q 2021). Board Change • Jul 15
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. 2 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 31
Executive Chairman & CEO recently bought kr75k worth of stock On the 27th of May, Kjetil Gronskag bought around 40k shares on-market at roughly kr1.88 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr1.3m worth in shares. Reported Earnings • May 28
First quarter 2022 earnings: Revenues miss analyst expectations First quarter 2022 results: Net income: €332.0k (up 326% from 1Q 2021). Revenue missed analyst estimates by 87%. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 19% share price gain to kr1.90, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 7x in the Real Estate industry in Norway. Total loss to shareholders of 38% over the past three years. Board Change • Apr 27
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. 2 highly experienced directors. Independent Director Heidi Austbo was the last director to join the board, commencing their role in 2017. 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 • Mar 14
Investor sentiment improved over the past week After last week's 30% share price gain to kr2.28, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Real Estate industry in Norway. Total returns to shareholders of 14% over the past three years. Reported Earnings • Feb 26
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: €0.036 (up from €0.096 loss in FY 2020). Revenue: €3.71m (up €3.46m from FY 2020). Net income: €1.49m (up €5.45m from FY 2020). Profit margin: 40% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 87%. Earnings per share (EPS) exceeded analyst estimates by 32%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jan 05
Chairman & CEO recently bought kr181k worth of stock On the 3rd of January, Kjetil Gronskag bought around 97k shares on-market at roughly kr1.87 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr1.4m worth in shares. Recent Insider Transactions • Dec 25
Chairman & CEO recently bought kr138k worth of stock On the 23rd of December, Kjetil Gronskag bought around 74k shares on-market at roughly kr1.87 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr1.3m worth in shares. Recent Insider Transactions • Sep 18
Chairman & CEO recently bought kr554k worth of stock On the 16th of September, Kjetil Gronskag bought around 347k shares on-market at roughly kr1.60 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr1.1m worth in shares. Recent Insider Transactions • Aug 29
Chairman & CEO recently bought kr165k worth of stock On the 27th of August, Kjetil Gronskag bought around 100k shares on-market at roughly kr1.65 per share. In the last 3 months, they made an even bigger purchase worth kr177k. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr577k worth in shares. Reported Earnings • Aug 28
Second quarter 2021 earnings released: €0.009 loss per share (vs €0.005 loss in 2Q 2020) Second quarter 2021 results: Net loss: €380.0k (loss widened 94% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 22
Chairman & CEO recently bought kr177k worth of stock On the 18th of June, Kjetil Gronskag bought around 100k shares on-market at roughly kr1.77 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr412k worth in shares. Reported Earnings • May 29
First quarter 2021 earnings released First quarter 2021 results: Net income: €78.0k (up €388.0k from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Apr 26
Chairman & CEO recently bought kr128k worth of stock On the 22nd of April, Kjetil Gronskag bought around 68k shares on-market at roughly kr1.88 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr232k worth in shares. Recent Insider Transactions • Apr 25
Chairman & CEO recently bought kr128k worth of stock On the 22nd of April, Kjetil Gronskag bought around 68k shares on-market at roughly kr1.88 per share. This was the largest purchase by an insider in the last 3 months. Kjetil has been a buyer over the last 12 months, purchasing a net total of kr232k worth in shares. Reported Earnings • Apr 18
Full year 2020 earnings released: €0.096 loss per share (vs €0.046 loss in FY 2019) Full year 2020 results: Net loss: €3.96m (loss widened 109% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 27
Full year 2020 earnings released: €0.096 loss per share (vs €0.046 loss in FY 2019) Full year 2020 results: Net loss: €3.96m (loss widened 109% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 81% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 30
New 90-day high: kr2.10 The company is up 28% from its price of kr1.64 on 01 October 2020. The Norwegian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 29% over the same period. Recent Insider Transactions • Dec 30
Chairman & CEO recently bought kr56k worth of stock On the 29th of December, Kjetil Grønskag bought around 29k shares on-market at roughly kr1.92 per share. This was the largest purchase by an insider in the last 3 months. This was Kjetil's only on-market trade for the last 12 months. Is New 90 Day High Low • Dec 12
New 90-day high: kr1.98 The company is up 3.0% from its price of kr1.92 on 11 September 2020. The Norwegian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 19% over the same period.