Recent Insider Transactions • Aug 04
Chairman of the Board recently bought kr136k worth of stock On the 29th of July, Tomas Bergstrom bought around 10k shares on-market at roughly kr13.61 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr268k worth in shares. Recent Insider Transactions • Jul 20
Chairman of the Board recently bought kr132k worth of stock On the 16th of July, Tomas Bergstrom bought around 10k shares on-market at roughly kr13.20 per share. This transaction amounted to 19% 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 Tomas' only on-market trade for the last 12 months. Reported Earnings • Jul 17
Second quarter 2026 earnings released: EPS: kr0.67 (vs kr0.49 in 2Q 2025) Second quarter 2026 results: EPS: kr0.67 (up from kr0.49 in 2Q 2025). Revenue: kr620.5m (down 2.4% from 2Q 2025). Net income: kr18.9m (up 29% from 2Q 2025). Profit margin: 3.0% (up from 2.3% in 2Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% 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. Reported Earnings • May 11
First quarter 2026 earnings released: kr1.36 loss per share (vs kr1.27 loss in 1Q 2025) First quarter 2026 results: kr1.36 loss per share (further deteriorated from kr1.27 loss in 1Q 2025). Revenue: kr324.2m (down 21% from 1Q 2025). Net loss: kr40.0m (loss widened 4.7% from 1Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 08
Upcoming dividend of kr0.65 per share Eligible shareholders must have bought the stock before 15 May 2026. Payment date: 21 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Within top quartile of Swedish dividend payers (4.2%). Higher than average of industry peers (1.8%). New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 37% 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 Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (267% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (kr436.3m market cap, or US$47.1m). New Risk • Apr 22
New major risk - Revenue and earnings growth Earnings have declined by 37% 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 Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (267% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (kr478.2m market cap, or US$52.2m). Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr16.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Industrials industry in Sweden. Total loss to shareholders of 37% over the past three years. New Risk • Feb 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 48% 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: Minor Risks Dividend is not well covered by earnings (267% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (kr494.7m market cap, or US$54.5m). Recent Insider Transactions • Feb 21
Independent Director recently bought kr3.1m worth of stock On the 20th of February, Pontus Lindwall bought around 200k shares on-market at roughly kr15.31 per share. This transaction amounted to 17% 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 kr5.0m more in shares than they have sold in the last 12 months. Declared Dividend • Feb 19
Dividend increased to kr0.65 Dividend of kr0.65 is 30% higher than last year. Ex-date: 15th May 2026 Payment date: 21st May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 31% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 180% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 19
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: kr0.24 (up from kr0.30 loss in FY 2024). Revenue: kr2.09b (flat on FY 2024). Net income: kr7.30m (up kr15.3m from FY 2024). Profit margin: 0.3% (up from net loss in FY 2024). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Feb 19
Infrea AB, Annual General Meeting, May 13, 2026 Infrea AB, Annual General Meeting, May 13, 2026. Announcement • Feb 18
Infrea AB announces Annual dividend, payable on May 21, 2026 Infrea AB announced Annual dividend of SEK 0.6500 per share payable on May 21, 2026, ex-date on May 15, 2026 and record date on May 18, 2026. New Risk • Feb 12
New major risk - Revenue and earnings growth Earnings have declined by 32% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (kr487.2m market cap, or US$54.9m). Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: kr0.76 (vs kr0.06 loss in 3Q 2024) Third quarter 2025 results: EPS: kr0.76 (up from kr0.06 loss in 3Q 2024). Revenue: kr533.8m (flat on 3Q 2024). Net income: kr22.8m (up kr24.6m from 3Q 2024). Profit margin: 4.3% (up from net loss in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 10
Independent Director recently bought kr1.6m worth of stock On the 7th of August, Pontus Lindwall bought around 100k shares on-market at roughly kr15.83 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 20
Second quarter 2025 earnings released: EPS: kr0.49 (vs kr0.34 in 2Q 2024) Second quarter 2025 results: EPS: kr0.49 (up from kr0.34 in 2Q 2024). Revenue: kr646.7m (up 10% from 2Q 2024). Net income: kr14.7m (up 53% from 2Q 2024). Profit margin: 2.3% (up from 1.6% in 2Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Board Change • Jun 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. 4 experienced directors. 2 highly experienced directors. Director Charlotte Bergman 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. Announcement • May 14
Infrea AB announces Annual dividend, payable on May 22, 2025 Infrea AB announced Annual dividend of SEK 0.5000 per share payable on May 22, 2025, ex-date on May 16, 2025 and record date on May 19, 2025. Recent Insider Transactions • May 05
Chairman of the Board recently bought kr134k worth of stock On the 30th of April, Tomas Bergstrom bought around 10k shares on-market at roughly kr13.43 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tomas has been a buyer over the last 12 months, purchasing a net total of kr233k worth in shares. Reported Earnings • May 02
First quarter 2025 earnings released: kr1.27 loss per share (vs kr1.94 loss in 1Q 2024) First quarter 2025 results: kr1.27 loss per share (improved from kr1.94 loss in 1Q 2024). Revenue: kr415.4m (up 30% from 1Q 2024). Net loss: kr38.2m (loss narrowed 1.5% from 1Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Industrials industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 21
Chairman of the Board recently bought kr99k worth of stock On the 18th of March, Tomas Bergstrom bought around 8k shares on-market at roughly kr13.19 per share. This transaction amounted to 21% 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 Tomas' only on-market trade for the last 12 months. New Risk • Feb 24
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 3.9% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (kr385.3m market cap, or US$36.2m). Reported Earnings • Feb 20
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: kr0.30 loss per share. Revenue: kr2.09b (up 3.8% from FY 2023). Net loss: kr8.00m (loss widened 5.3% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Industrials industry in Sweden. Reported Earnings • Nov 10
Third quarter 2024 earnings released: kr0.06 loss per share (vs kr0.51 profit in 3Q 2023) Third quarter 2024 results: kr0.06 loss per share (down from kr0.51 profit in 3Q 2023). Revenue: kr533.7m (up 1.0% from 3Q 2023). Net loss: kr1.80m (down 118% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Announcement • Oct 30
Infrea AB, Annual General Meeting, May 15, 2025 Infrea AB, Annual General Meeting, May 15, 2025. Recent Insider Transactions • Aug 11
Independent Director recently bought kr1.2m worth of stock On the 6th of August, Pontus Lindwall bought around 100k shares on-market at roughly kr12.27 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr3.2m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 22
Second quarter 2024 earnings released: EPS: kr0.34 (vs kr0.41 in 2Q 2023) Second quarter 2024 results: EPS: kr0.34. Revenue: kr589.0m (up 3.6% from 2Q 2023). Net income: kr9.60m (up 19% from 2Q 2023). Profit margin: 1.6% (up from 1.4% in 2Q 2023). Reported Earnings • May 19
First quarter 2024 earnings released: kr1.94 loss per share (vs kr1.98 loss in 1Q 2023) First quarter 2024 results: kr1.94 loss per share (improved from kr1.98 loss in 1Q 2023). Revenue: kr322.4m (up 8.0% from 1Q 2023). Net loss: kr38.8m (loss narrowed 1.8% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. New Risk • Apr 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% 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 Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (kr344.8m market cap, or US$31.9m). Announcement • Feb 21
Infrea AB has filed a Follow-on Equity Offering in the amount of SEK 82.954599 million. Infrea AB has filed a Follow-on Equity Offering in the amount of SEK 82.954599 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 9,994,530
Price\Range: SEK 8.3
Transaction Features: Rights Offering Reported Earnings • Feb 18
Full year 2023 earnings released: kr0.38 loss per share (vs kr3.47 profit in FY 2022) Full year 2023 results: kr0.38 loss per share (down from kr3.47 profit in FY 2022). Revenue: kr2.04b (down 2.3% from FY 2022). Net loss: kr7.60m (down 111% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to kr16.90, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 26x in the Industrials industry in Sweden. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr14.50, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 22x in the Industrials industry in Sweden. Total loss to shareholders of 46% over the past three years. Recent Insider Transactions • Nov 16
Independent Board Member recently bought kr2.0m worth of stock On the 9th of November, Pontus Lindwall bought around 172k shares on-market at roughly kr11.64 per share. This transaction amounted to 24% 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 kr3.2m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr13.70, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 19x in the Industrials industry in Sweden. Total loss to shareholders of 48% over the past three years. New Risk • Oct 05
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 Swedish stocks, typically moving 8.4% 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 Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (kr334.9m market cap, or US$30.3m). Recent Insider Transactions • Jul 24
Independent Board Member recently bought kr193k worth of stock On the 21st of July, Pontus Lindwall bought around 10k shares on-market at roughly kr19.30 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr583k. Insiders have collectively bought kr1.5m more in shares than they have sold in the last 12 months. New Risk • Jul 23
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 68% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (68% net debt to equity). Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (kr351.8m market cap, or US$33.9m). Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: kr0.40 (vs kr1.49 in 2Q 2022) Second quarter 2023 results: EPS: kr0.40 (down from kr1.49 in 2Q 2022). Revenue: kr576.7m (flat on 2Q 2022). Net income: kr8.10m (down 72% from 2Q 2022). Profit margin: 1.4% (down from 5.0% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to kr17.70, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 21x in the Industrials industry in Sweden. Total loss to shareholders of 32% over the past three years. Recent Insider Transactions • Jun 16
Independent Board Member recently bought kr583k worth of stock On the 13th of June, Pontus Lindwall bought around 24k shares on-market at roughly kr23.91 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.2m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 28
First quarter 2023 earnings released: kr1.98 loss per share (vs kr1.70 loss in 1Q 2022) First quarter 2023 results: kr1.98 loss per share (further deteriorated from kr1.70 loss in 1Q 2022). Revenue: kr301.0m (up 18% from 1Q 2022). Net loss: kr39.5m (loss widened 20% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 78% 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 • Apr 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr27.90, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 22x in the Industrials industry in Sweden. Total returns to shareholders of 22% over the past three years. Recent Insider Transactions • Mar 01
Insider recently bought kr90k worth of stock On the 24th of February, Olov Olsson bought around 3k shares on-market at roughly kr32.30 per share. This transaction amounted to 60% 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 kr1.2m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: kr3.47 (vs kr0.36 in FY 2021) Full year 2022 results: EPS: kr3.47 (up from kr0.36 in FY 2021). Revenue: kr2.11b (up 67% from FY 2021). Net income: kr68.3m (up kr62.1m from FY 2021). Profit margin: 3.2% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to kr32.50, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 21x in the Industrials industry in Sweden. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 17% share price gain to kr27.20, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 18x in the Industrials industry in Sweden. Total loss to shareholders of 1.0% over the past three years. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: kr1.49 (vs kr0.41 in 2Q 2021) Second quarter 2022 results: EPS: kr1.49 (up from kr0.41 in 2Q 2021). Revenue: kr583.4m (up 77% from 2Q 2021). Net income: kr28.9m (up 325% from 2Q 2021). Profit margin: 5.0% (up from 2.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Recent Insider Transactions • May 04
Independent Board Member recently bought kr259k worth of stock On the 28th of April, Pontus Lindwall bought around 10k shares on-market at roughly kr25.90 per share. In the last 3 months, they made an even bigger purchase worth kr792k. Insiders have collectively bought kr3.6m more in shares than they have sold in the last 12 months. Reported Earnings • May 01
First quarter 2022 earnings released: kr1.70 loss per share (vs kr1.56 loss in 1Q 2021) First quarter 2022 results: kr1.70 loss per share (down from kr1.56 loss in 1Q 2021). Revenue: kr261.0m (up 53% from 1Q 2021). Net loss: kr32.9m (loss widened 26% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 08
Infrea AB (OM:INFREA) agreed to acquire Markentreprenader I Ostersund Ab for SEK 51.5 million. Infrea AB (OM:INFREA) agreed to acquire Markentreprenader I Ostersund Ab for SEK 51.5 million on April 7, 2022. As per the transaction, purchase price of SEK 51.5 million on a cash and debt-free basis, including any additional purchase price of a maximum of SEK 5.5 million. The transaction is expected to complete in May 2022. Recent Insider Transactions • Mar 13
Independent Board Member recently bought kr260k worth of stock On the 10th of March, Pontus Lindwall bought around 10k shares on-market at roughly kr26.90 per share. In the last 3 months, they made an even bigger purchase worth kr792k. Insiders have collectively bought kr3.4m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 21% share price decline to kr25.50, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 39x in the Industrials industry in Sweden. Total returns to shareholders of 9.6% over the past three years. Recent Insider Transactions • Mar 02
Independent Board Member recently bought kr99k worth of stock On the 25th of February, Pontus Lindwall bought around 3k shares on-market at roughly kr30.70 per share. In the last 3 months, they made an even bigger purchase worth kr792k. Insiders have collectively bought kr3.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 22
Independent Board Member recently bought kr792k worth of stock On the 18th of February, Pontus Lindwall bought around 23k shares on-market at roughly kr34.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr3.0m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.36 (down from kr2.49 in FY 2020). Revenue: kr1.28b (up 41% from FY 2020). Net income: kr6.20m (down 85% from FY 2020). Profit margin: 0.5% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS kr0.81 (vs kr0.56 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr324.5m (up 47% from 3Q 2020). Net income: kr13.7m (up 47% from 3Q 2020). Profit margin: 4.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 01
Independent Board Member recently bought kr2.1m worth of stock On the 29th of July, Pontus Lindwall bought around 50k shares on-market at roughly kr42.50 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.8m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 24
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: kr333.5m (up 29% from 2Q 2020). Net income: kr6.80m (down 51% from 2Q 2020). Profit margin: 2.0% (down from 5.4% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 16% share price gain to kr44.60, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 30x in the Industrials industry in Sweden. Total returns to shareholders of 182% over the past three years. Reported Earnings • May 01
First quarter 2021 earnings released: kr1.56 loss per share (vs kr1.17 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr172.2m (up 28% from 1Q 2020). Net loss: kr26.1m (loss widened 34% from 1Q 2020). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 20% share price gain to kr37.10, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 28x in the Industrials industry in Sweden. Total returns to shareholders of 85% over the past year. Recent Insider Transactions • Feb 24
CEO & President recently bought kr989k worth of stock On the 19th of February, Tony Andersson bought around 33k shares on-market at roughly kr29.60 per share. This was the largest purchase by an insider in the last 3 months. Tony has been a buyer over the last 12 months, purchasing a net total of kr3.0m worth in shares. Reported Earnings • Feb 23
Full year 2020 earnings released: EPS kr2.49 (vs kr4.98 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr927.5m (up 52% from FY 2019). Net income: kr41.6m (up kr121.2m from FY 2019). Profit margin: 4.5% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Feb 20
New 90-day high: kr30.30 The company is up 13% from its price of kr26.80 on 20 November 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 2.0% over the same period. Recent Insider Transactions • Jan 17
Independent Board Member recently sold kr88k worth of stock On the 14th of January, Elsa Widding sold around 3k shares on-market at roughly kr26.60 per share. In the last 3 months, there was an even bigger sale from another insider worth kr96k. Despite this recent sale, insiders have collectively bought kr2.2m more than they sold in the last 12 months. Recent Insider Transactions • Dec 25
Independent Chairman of the Board recently sold kr96k worth of stock On the 22nd of December, Urban Sturk sold around 4k shares on-market at roughly kr27.24 per share. This was the largest sale by an insider in the last 3 months. This was Urban's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 12
Chief Financial Officer recently bought kr126k worth of stock On the 9th of December, Henrik Nordin bought around 5k shares on-market at roughly kr25.15 per share. This was the largest purchase by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months. Is New 90 Day High Low • Dec 08
New 90-day low: kr24.50 The company is down 17% from its price of kr29.60 on 09 September 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 1.0% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS kr0.56 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: kr222.2m (up 75% from 3Q 2019). Net income: kr9.30m (up kr10.6m from 3Q 2019). Profit margin: 4.2% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Oct 26
New 90-day low: kr26.50 The company is down 2.0% from its price of kr27.00 on 28 July 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 10.0% over the same period.