Announcement • Apr 16
Lokotech Group AS Announces Successful Completion of Scrypt / AI Tape-Out ASIC Lokotech Group AS announced that it has successfully completed the of its Scrypt /AI tape-out ASIC. This represents a significant technical milestone, and a transition from design to silicon on the path toward commercialization. The company will now place the first wafer order, and mask set fabrication is scheduled to commence shortly. Reported Earnings • Mar 29
Full year 2025 earnings released Full year 2025 results: Net loss: kr38.4m (loss widened 50% from FY 2024). New Risk • Mar 17
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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr112m free cash flow). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (241% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$922k). 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 (9.3% average weekly change). Significant insider selling over the past 3 months (kr3.5m sold). Market cap is less than US$100m (kr471.3m market cap, or US$48.6m). Announcement • Jan 21
Lokotech Group AS Announces Chief Financial Officer Changes Lokotech Group AS announced that Christoffer Løvdal will enter the role as interim Chief Financial Officer of the Company, as Benjamin Miklozek transitions to his new responsibilities. Going forward, the Company’s Chief Financial Officer, Benjamin Miklozek, will step into a new role where he will support the Company’s Chief Executive Officer in operational matters. As part of this new role, Mr. Miklozek will lead the Company’s ongoing efforts related to early-stage exploration of a potential new business opportunity in the United States. Recent Insider Transactions • Jan 03
Chief Executive Officer of Powerpool recently sold kr246k worth of stock On the 30th of December, Ruben Gomez sold around 300k shares on-market at roughly kr0.82 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr2.1m. Insiders have been net sellers, collectively disposing of kr2.2m more than they bought in the last 12 months. Recent Insider Transactions • Dec 22
CFO & Director recently sold kr2.1m worth of stock On the 19th of December, Benjamin Miklozek sold around 3m shares on-market at roughly kr0.82 per share. This transaction amounted to 16% 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 Benjamin's only on-market trade for the last 12 months. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr75m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr75m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (257% increase in shares outstanding). Revenue is less than US$1m (kr8.9m revenue, or US$888k). Minor Risk Market cap is less than US$100m (kr483.1m market cap, or US$48.1m). Recent Insider Transactions • Jul 17
Director recently bought kr198k worth of stock On the 16th of July, Susheel Nuguru bought around 250k shares on-market at roughly kr0.79 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr65k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 09
Chairman of the Board recently bought kr155k worth of stock On the 30th of June, Yngve Johansen bought around 253k shares on-market at roughly kr0.61 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Yngve has been a net seller over the last 12 months, reducing personal holdings by kr133k. New Risk • Jul 03
New major risk - Revenue and earnings growth Earnings have declined by 27% 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 Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (263% increase in shares outstanding). Revenue is less than US$1m (kr3.7m revenue, or US$369k). Minor Risk Market cap is less than US$100m (kr357.3m market cap, or US$35.5m). Recent Insider Transactions • Jul 02
Chairman of the Board recently bought kr155k worth of stock On the 30th of June, Yngve Johansen bought around 253k shares on-market at roughly kr0.61 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Yngve has been a net seller over the last 12 months, reducing personal holdings by kr133k. Announcement • Jun 24
Lokotech Group AS Approves Board Elections The annual general meeting of Lokotech Group AS was held on 24 June 2025, approved election of Kristin Åbyholm, Ståle Flataker, and Hans Jørgen Fosse as members to the board of Directors and Jo Uthus and Wiktor Miesok as members of the Advisory Board. Recent Insider Transactions • Jun 10
Chairman of the Board recently sold kr288k worth of stock On the 3rd of June, Yngve Johansen sold around 856k shares on-market at roughly kr0.34 per share. This transaction amounted to 16% 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 Yngve's only on-market trade for the last 12 months. Announcement • Jun 04
Lokotech Group AS has filed a Follow-on Equity Offering. Lokotech Group AS has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 440,031,723
Transaction Features: Rights Offering New Risk • Jun 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 263% 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 Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (263% increase in shares outstanding). Revenue is less than US$1m (kr3.7m revenue, or US$365k). Minor Risk Market cap is less than US$100m (kr242.2m market cap, or US$23.9m). Announcement • May 22
Lokotech Group AS has completed a Follow-on Equity Offering in the amount of NOK 139.206579 million. Lokotech Group AS has completed a Follow-on Equity Offering in the amount of NOK 139.206579 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 374,925,015
Price\Range: NOK 0.3334
Discount Per Security: NOK 0.04008
Security Features: Attached Warrants
Security Name: Shares
Security Type: Common Stock
Securities Offered: 42,611,215
Price\Range: NOK 0.3334
Security Features: Attached Warrants
Transaction Features: Rights Offering New Risk • May 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr86.8m (US$8.35m) 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 (21% average weekly change). Revenue is less than US$1m (kr3.7m revenue, or US$357k). Market cap is less than US$10m (kr86.8m market cap, or US$8.35m). New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (kr376.4m market cap, or US$35.7m). Announcement • Mar 03
Lokotech Group AS has filed a Follow-on Equity Offering in the amount of NOK 200 million. Lokotech Group AS has filed a Follow-on Equity Offering in the amount of NOK 200 million.
Security Name: Shares
Security Type: Common Stock
Security Features: Attached Warrants
Security Name: Shares
Security Type: Common Stock
Security Features: Attached Warrants
Transaction Features: Rights Offering Announcement • Jan 17
Lokotech Group AS, Annual General Meeting, Jun 02, 2026 Lokotech Group AS, Annual General Meeting, Jun 02, 2026. New Risk • Jul 29
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 9.9% 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 (9.9% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr131.6m market cap, or US$11.9m). Recent Insider Transactions • May 03
CFO & Board Member recently bought kr167k worth of stock On the 26th of April, Benjamin Miklozek bought around 250k shares on-market at roughly kr0.67 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr568k worth in shares. New Risk • Mar 22
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Revenue is less than US$1m (kr128k revenue, or US$12k). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (kr129.6m market cap, or US$12.0m). New Risk • Feb 08
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 10% 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 (10% average weekly change). Revenue is less than US$1m (kr128k revenue, or US$12k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (kr131.6m market cap, or US$12.4m). Announcement • Feb 03
Harmonychain AS to Report Fiscal Year 2023 Results on Mar 29, 2024 Harmonychain AS announced that they will report fiscal year 2023 results on Mar 29, 2024 New Risk • Oct 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m (kr128k revenue, or US$12k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (kr166.3m market cap, or US$15.2m). Recent Insider Transactions • Aug 27
CFO & Board Member recently bought kr158k worth of stock On the 24th of August, Benjamin Miklozek bought around 200k shares on-market at roughly kr0.79 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr159k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr1.7m worth in shares. Recent Insider Transactions • Aug 06
CFO & Board Member recently bought kr150k worth of stock On the 3rd of August, Benjamin Miklozek bought around 250k shares on-market at roughly kr0.60 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr159k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr1.6m worth in shares. Recent Insider Transactions • Jun 15
Insider recently bought kr90k worth of stock On the 13th of June, Wiktor Miesok bought around 100k shares on-market at roughly kr0.90 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr177k. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 26
CFO & Board Member recently bought kr106k worth of stock On the 25th of April, Benjamin Miklozek bought around 125k shares on-market at roughly kr0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr156k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr1.3m worth in shares. Recent Insider Transactions • Mar 27
CFO & Board Member recently bought kr156k worth of stock On the 23rd of March, Benjamin Miklozek bought around 225k shares on-market at roughly kr0.69 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr1.0m worth in shares. Recent Insider Transactions • Dec 11
CFO & Board Member recently bought kr123k worth of stock On the 8th of December, Benjamin Miklozek bought around 150k shares on-market at roughly kr0.82 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr170k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr894k worth in shares. Board Change • Nov 16
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. 4 non-independent directors. Member of Advisory Board Taras Kulyk 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. Recent Insider Transactions • Oct 20
CFO & Board Member recently bought kr92k worth of stock On the 19th of October, Benjamin Miklozek bought around 125k shares on-market at roughly kr0.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr170k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr771k worth in shares. Recent Insider Transactions • Oct 12
CFO & Board Member recently bought kr169k worth of stock On the 4th of October, Benjamin Miklozek bought around 250k shares on-market at roughly kr0.68 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr170k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr679k worth in shares. Recent Insider Transactions • Oct 05
CFO & Board Member recently bought kr63k worth of stock On the 28th of September, Benjamin Miklozek bought around 100k shares on-market at roughly kr0.63 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr170k. Benjamin has been a buyer over the last 12 months, purchasing a net total of kr402k worth in shares. Recent Insider Transactions • Sep 19
CFO & Board Member recently bought kr169k worth of stock On the 16th of September, Benjamin Miklozek bought around 250k shares on-market at roughly kr0.67 per share. This transaction amounted to 1.9% 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 Benjamin's only on-market trade for the last 12 months. 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. 4 non-independent directors. Member of Advisory Board Matthew Carson 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.