Reported Earnings • Feb 02
Full year 2025 earnings released: kr0.088 loss per share (vs kr0.041 loss in FY 2024) Full year 2025 results: kr0.088 loss per share (further deteriorated from kr0.041 loss in FY 2024). Revenue: kr41.6m (up 5.2% from FY 2024). Net loss: kr23.5m (loss widened 153% from FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Jan 09
Rolling Optics Announces CFO Changes Rolling Optics has appointed Susanne Åkesson as the new Chief Financial Officer, effective April 7, 2026. Susanne Åkesson has extensive experience from controlling and supply chain roles in manufacturing technology companies, including Alfa Laval and DeLaval. She recently came from an FP&A position at Yubico AB. Fredrik Isaksson, the outgoing CFO, will remain as CFO until April 7, 2026 and will work in parallel with Susanne during a transition period to ensure continuity. New Risk • Nov 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr72.0m (US$7.63m) 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 Less than 1 year of cash runway based on free cash flow trend (-kr29m free cash flow). Share price has been highly volatile over the past 3 months (52% average weekly change). Market cap is less than US$10m (kr72.0m market cap, or US$7.63m). Minor Risk Revenue is less than US$5m (kr42m revenue, or US$4.4m). Reported Earnings • Nov 03
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr6.72m (down 2.1% from 3Q 2024). Net loss: kr7.35m (loss widened 166% from 3Q 2024). Reported Earnings • Jul 27
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr15.2m (up 53% from 2Q 2024). Net loss: kr5.60m (loss widened 134% from 2Q 2024). New Risk • May 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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: Major Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (kr38m revenue, or US$3.8m). Market cap is less than US$100m (kr133.3m market cap, or US$13.6m). Reported Earnings • May 05
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr7.33m (down 17% from 1Q 2024). Net loss: kr6.21m (loss widened 53% from 1Q 2024). Announcement • Apr 15
Rolling Optics Holding AB (publ), Annual General Meeting, May 20, 2025 Rolling Optics Holding AB (publ), Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time. Location: at the company`s premises, solna strandvag 3, solna Sweden New Risk • Feb 28
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 Swedish stocks, typically moving 14% 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 (14% average weekly change). Minor Risks Revenue is less than US$5m (kr40m revenue, or US$3.7m). Market cap is less than US$100m (kr135.3m market cap, or US$12.6m). Reported Earnings • Feb 01
Full year 2024 earnings released: kr0.04 loss per share (vs kr0.05 loss in FY 2023) Full year 2024 results: kr0.04 loss per share (improved from kr0.05 loss in FY 2023). Revenue: kr42.9m (up 31% from FY 2023). Net loss: kr9.29m (loss narrowed 2.3% from FY 2023). Over the last 3 years on average, earnings per share has increased by 38% 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 • Nov 10
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr7.22m (up 6.1% from 3Q 2023). Net loss: kr2.76m (loss widened 34% from 3Q 2023). Reported Earnings • Aug 25
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr12.8m (up 120% from 2Q 2023). Net loss: kr2.39m (loss narrowed 51% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr9.14m (up 126% from 1Q 2023). Net loss: kr4.06m (loss narrowed 11% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Apr 18
Rolling Optics Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 8.802048 million. Rolling Optics Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 8.802048 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,604,877
Price\Range: SEK 0.83
Transaction Features: Rights Offering Reported Earnings • Feb 13
Full year 2023 earnings released: kr0.047 loss per share (vs kr0.10 loss in FY 2022) Full year 2023 results: kr0.047 loss per share (improved from kr0.10 loss in FY 2022). Revenue: kr32.8m (up 59% from FY 2022). Net loss: kr9.51m (loss narrowed 51% from FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr6.81m (up 114% from 3Q 2022). Net loss: kr2.07m (loss narrowed 62% from 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr5.93m (up 82% from 2Q 2022). Net loss: kr4.86m (loss widened 2.0% from 2Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Commercial Services industry in Sweden. New Risk • Jun 24
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 Swedish stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-kr28m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr11m net loss next year). Shareholders have been diluted in the past year (27% increase in shares outstanding). Revenue is less than US$5m (kr19m revenue, or US$1.8m). Market cap is less than US$100m (kr355.9m market cap, or US$33.2m). Announcement • May 26
Rolling Optics Holding AB (Publ) Approves Election of Board of Directors At the annual general meeting of Rolling Optics Holding AB (publ) on 25 May 2023 the AGM adopted, new election of Axel Lundvall and Fredrik Nikolajeff for the period until the end of the next annualgeneral meeting. Thomas Savare was elected as the chairman of the board of directors. Recent Insider Transactions Derivative • Apr 17
Director exercised options to buy kr1.6m worth of stock. On the 14th of April, Sorin Chiorescu exercised options to buy 2m shares at a strike price of around kr0.61, costing a total of kr1.3m. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. As of today, Sorin currently holds no shares directly. Company insiders have collectively sold kr1.3m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 01
Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat Full year 2022 results: kr0.086 loss per share. Revenue: kr22.2m (down 18% from FY 2021). Net loss: kr16.3m (loss widened 7.9% from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Commercial Services industry in Sweden. Recent Insider Transactions • Jan 31
Independent Chairman of the Board recently sold kr2.5m worth of stock On the 23rd of January, Johan Stern sold around 3m shares on-market at roughly kr1.00 per share. This transaction amounted to 100% 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 Johan's only on-market trade for the last 12 months. Board Change • Nov 16
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, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Chairman of the Board Johan Stern 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 20
Less than half of directors are independent There are 3 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: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Chairman of the Board Johan Stern 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 experienced directors. Breakeven Date Change • Apr 27
No longer forecast to breakeven The analyst covering Rolling Optics Holding no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr1.40m in 2022. New forecast suggests the company will make a loss of kr6.80m in 2024. Reported Earnings • Feb 06
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: kr0.085 loss per share (up from kr0.21 loss in FY 2020). Revenue: kr28.4m (up 16% from FY 2020). Net loss: kr12.8m (loss narrowed 60% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 29%. Over the next year, revenue is expected to shrink by 9.4% compared to a 12% growth forecast for the industry in Sweden. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Rolling Optics Holding no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr1.40m in 2022. New forecast suggests the company will make a loss of kr12.4m in 2023. Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The analyst covering Rolling Optics Holding expects the company to break even for the first time. New forecast suggests the company will make a profit of kr1.20m in 2022. Average annual earnings growth of 90% is required to achieve expected profit on schedule. Reported Earnings • Aug 21
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr9.40m (up 216% from 2Q 2020). Net loss: kr3.57m (loss narrowed 85% from 2Q 2020). Reported Earnings • May 07
First quarter 2021 earnings released: kr0.004 loss per share (vs kr0.095 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr10.2m (up 106% from 1Q 2020). Net loss: kr595.0k (loss narrowed 96% from 1Q 2020). Is New 90 Day High Low • Mar 06
New 90-day low: kr2.80 The company is down 3.0% from its price of kr2.88 on 04 December 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: kr4.34 The company is up 61% from its price of kr2.70 on 14 October 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: kr3.67 The company is up 31% from its price of kr2.80 on 24 September 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: kr3.09 The company is up 8.0% from its price of kr2.86 on 08 September 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 9.0% over the same period.