New Risk • May 22
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 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (kr181.6m market cap, or US$19.4m). Reported Earnings • Feb 26
Full year 2025 earnings released: €0.004 loss per share (vs €0.02 loss in FY 2024) Full year 2025 results: €0.004 loss per share. Revenue: €46.4m (up 20% from FY 2024). Net loss: €5.13m (loss widened 51% from FY 2024). Reported Earnings • Nov 27
Third quarter 2025 earnings released: €0.001 loss per share (vs €0.007 loss in 3Q 2024) Third quarter 2025 results: €0.001 loss per share (improved from €0.007 loss in 3Q 2024). Revenue: €13.0m (up 41% from 3Q 2024). Net loss: €681.0k (loss narrowed 42% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Announcement • Nov 26
Acroud AB (publ) to Report Q4, 2025 Results on Feb 25, 2026 Acroud AB (publ) announced that they will report Q4, 2025 results on Feb 25, 2026 Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: €0 (vs €0.004 loss in 2Q 2024) Second quarter 2025 results: EPS: €0 (improved from €0.004 loss in 2Q 2024). Revenue: €10.9m (up 15% from 2Q 2024). Net income: €218.0k (up €942.0k from 2Q 2024). Profit margin: 2.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Acroud AB (Publ) Appoints Morten Marcussen as Chairman of the Board Acroud AB (publ) at the annual general meeting held on June 30, 2025, announced the appointment of Morten Marcussen as new chairman of the board. Reported Earnings • May 28
First quarter 2025 earnings released: €0.003 loss per share (vs €0.014 profit in 1Q 2024) First quarter 2025 results: €0.003 loss per share (down from €0.014 profit in 1Q 2024). Revenue: €9.80m (up 3.4% from 1Q 2024). Net loss: €3.26m (down 230% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • May 05
Now 26% overvalued Over the last 90 days, the stock has fallen 56% to kr0.15. The fair value is estimated to be kr0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Apr 15
Independent Director recently bought kr94k worth of stock On the 10th of April, Morten Marcussen bought around 819k shares on-market at roughly kr0.12 per share. This transaction amounted to 23% 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 the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions • Mar 20
Independent Director recently bought kr338m worth of stock On the 17th of March, Morten Marcussen bought around 2b shares on-market at roughly kr0.14 per share. This transaction increased Morten's direct individual holding by 860x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr338m more in shares than they have sold in the last 12 months. New Risk • Mar 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. 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 (38% average weekly change). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr215.5m market cap, or US$20.5m). Reported Earnings • Feb 27
Full year 2024 earnings released: €0.015 loss per share (vs €0.21 loss in FY 2023) Full year 2024 results: €0.015 loss per share (improved from €0.21 loss in FY 2023). Revenue: €38.6m (down 1.9% from FY 2023). Net loss: €3.31m (loss narrowed 90% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Feb 27
Independent Director recently bought kr180m worth of stock On the 18th of February, Morten Marcussen bought around 719m shares on-market at roughly kr0.25 per share. This transaction increased Morten's direct individual holding by 9x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr180m more in shares than they have sold in the last 12 months. Announcement • Feb 24
Acroud AB (publ) (OM:ACROUD) acquired remaining 49% stake in Acroud Media Ltd from RAIE Media for €12 million. Acroud AB (publ) (OM:ACROUD) acquired remaining 49% stake in Acroud Media Ltd from RAIE Media for €12 million on February 24, 2025. Total consideration paid through a combination of cash and newly issued shares. Following the restructuring and share issuance, RIAE Media Ltd now owns approx. 39% of Acroud, making it Acroud’s largest single shareholder. This further strengthens Acroud’s ownership structure and aligns interests for long-term success.
Acroud AB (publ) (OM:ACROUD) completed the acquisition of remaining 49% stake in Acroud Media Ltd from RAIE Media on February 24, 2025. New Risk • Jan 25
New major risk - Revenue and earnings growth Earnings have declined by 69% 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 (20% average weekly change). Earnings have declined by 69% per year over the past 5 years. Market cap is less than US$10m (kr60.0m market cap, or US$5.49m). New Risk • Dec 02
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 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). Market cap is less than US$10m (kr48.1m market cap, or US$4.37m). Reported Earnings • Nov 23
Third quarter 2024 earnings released: €0.006 loss per share (vs €0.013 loss in 3Q 2023) Third quarter 2024 results: €0.006 loss per share (improved from €0.013 loss in 3Q 2023). Revenue: €9.24m (down 6.4% from 3Q 2023). Net loss: €1.17m (loss narrowed 41% from 3Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 17 percentage points per year, which is a significant difference in performance. Announcement • Nov 21
Acroud AB (publ) to Report Second Half, 2024 Results on Feb 25, 2025 Acroud AB (publ) announced that they will report second half, 2024 results on Feb 25, 2025 Announcement • Nov 13
Acroud AB (Publ) Announces Resignation of Kim Mikkelsen as the Chairman of the Board of Directors Acroud AB (publ) announced the resignation of Kim Mikkelsen as chairman and member of the board of directors of Acroud, effective as of 12 November 2024. Kim Mikkelsen has held the position of chairman during 2024 and was previously a member of the board of directors between 2020 - 2023. Kim Mikkelsen is stepping down at his own request. Proposal for a new board member will be presented no later than in connection with the notice for the 2025 annual general meeting. Peter Åström assumes, with immediate effect, the role of chairman of the board of directors until the next general meeting. Peter Åström has been a board member of Acroud since 2019 and has vast experience from the gaming industry in various operative roles. New Risk • Sep 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr88.6m (US$8.54m) 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 (14% average weekly change). Market cap is less than US$10m (kr88.6m market cap, or US$8.54m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: €0.002 loss per share (vs €0.16 loss in 2Q 2023) Second quarter 2024 results: €0.002 loss per share (improved from €0.16 loss in 2Q 2023). Revenue: €9.50m (down 7.6% from 2Q 2023). Net loss: €724.0k (loss narrowed 97% from 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Acroud AB (Publ) Appoints Kim Mikkelsen as Chair of the Board of Directors Acroud AB (publ) at its annual general meeting held on June 28, 2024, approved the appointment of Kim Mikkelsen was elected as chair of the board of directors. Reported Earnings • May 28
First quarter 2024 earnings released: EPS: €0.016 (vs €0 in 1Q 2023) First quarter 2024 results: EPS: €0.016 (up from €0 in 1Q 2023). Revenue: €9.49m (up 2.0% from 1Q 2023). Net income: €2.50m (up €2.57m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 29
Independent Director recently bought kr79k worth of stock On the 26th of March, Kim Mikklesen bought around 101k shares on-market at roughly kr0.78 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr289k. Insiders have collectively bought kr369k more in shares than they have sold in the last 12 months. New Risk • Mar 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 Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (kr189.9m market cap, or US$17.7m). Price Target Changed • Mar 25
Price target decreased by 22% to kr1.90 Down from kr2.45, the current price target is provided by 1 analyst. New target price is 142% above last closing price of kr0.79. Stock is down 53% over the past year. The company is forecast to post earnings per share of €0.01 next year compared to a net loss per share of €0.21 last year. Recent Insider Transactions • Mar 03
Director recently bought kr289k worth of stock On the 28th of February, Kim Mikkelsen bought around 289k shares on-market at roughly kr1.00 per share. This transaction amounted to 5.1% 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 the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 23
Full year 2023 earnings released: €0.21 loss per share (vs €0.14 loss in FY 2022) Full year 2023 results: €0.21 loss per share (further deteriorated from €0.14 loss in FY 2022). Revenue: €39.4m (up 27% from FY 2022). Net loss: €31.7m (loss widened 72% from FY 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • Feb 15
Acroud AB (Publ) Elects Kim Mikkelsen as New Ordinary Member of the Board of Directors Acroud AB (publ) at its extraordinary general meeting held on February 15, 2024, resolved to elect Kim Mikkelsen as new ordinary member of the board of directors. Reported Earnings • Nov 10
Third quarter 2023 earnings released: €0.012 loss per share (vs €0.005 loss in 3Q 2022) Third quarter 2023 results: €0.012 loss per share (further deteriorated from €0.005 loss in 3Q 2022). Revenue: €9.87m (up 48% from 3Q 2022). Net loss: €2.00m (loss widened 240% from 3Q 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Announcement • Oct 25
Acroud AB (publ) Appoints Andrzej Mieszkowicz as Group CFO, Effective from 1 November 2023 Acroud AB (publ) announced that Andrzej Mieszkowicz has been appointed as Group CFO effective from 1 November 2023, and will form part of Group Management. Andrzej Mieszkowicz has a strong experience in leading finance of technology and high-growth companies. His recent 6 years he spent working for iGaming industry companies such as Cherry AB Group, The Mill Adventure and recently as a CFO of stock-listed Lady Luck Games. Andrzej has a Master's degree in International Business from the University of Economics in Prague, is a qualified ACCA member and warranted CPA. Announcement • Sep 29
Acroud Announces Resignation of Tricia Vella as Chief Financial Officer Acroud AB (publ) announces that Tricia Vella has resigned from her position Chief Financial Officer. Announcement • Aug 03
Acroud AB Announces Impairment Charge to Goodwill During the Second Quarter of 2023 Acroud AB announced an impairment charge of EUR 20 million related to the old assets stemming from Net Gaming’s (former name of Acroud) acquisition of Highlight Media business back in 2016. Board Change • Jun 01
High number of new directors Director Staffan Dahl was the last director to join the board, commencing their role in 2023. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: €0 (vs €0.009 in 1Q 2022) First quarter 2023 results: EPS: €0 (down from €0.009 in 1Q 2022). Revenue: €9.30m (up 33% from 1Q 2022). Net loss: €67.0k (down 106% from profit in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • May 18
Acroud AB (publ) Announces Board Changes Acroud AB (publ) announced that at the annual general meeting held on 17 May 2023 approved new election of Staffan Dahl and Richard Gale as board members. Peter Åström was elected as chair of the board of directors. Reported Earnings • Apr 17
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: €0.14 loss per share (down from €0.006 profit in FY 2021). Revenue: €30.9m (up 25% from FY 2021). Net loss: €18.4m (down €19.1m from profit in FY 2021). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Full year 2022 earnings released: €0.14 loss per share (vs €0.006 profit in FY 2021) Full year 2022 results: €0.14 loss per share (down from €0.006 profit in FY 2021). Revenue: €30.9m (up 25% from FY 2021). Net loss: €18.4m (down €19.1m from profit in FY 2021). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Feb 09
Acroud AB (Publ) Appoints Tricia Vella as New Interim CFO Acroud announces that Tricia Vella has been appointed new interim CFO for Acroud effective from Feb. 8, 2023, succeeding Roderick Attard who has announced his resignation on 6 December 2022. Tricia joined Acroud in August 2019 as a financial controller and was promoted to Head of Finance in January 2022. She comes from an audit background, having worked at PwC for seven years. Tricia has an Honours degree in Accounting from University of Malta. The recruitment process for a permanent CFO is in progress. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 16% share price gain to kr1.99, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 15x in the Hospitality industry in Sweden. Total loss to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr1.70, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 17x in the Hospitality industry in Sweden. Total loss to shareholders of 46% over the past three years. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: €0.01 (vs €0.002 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.01 (up from €0.002 loss in 2Q 2021). Revenue: €7.20m (up 16% from 2Q 2021). Net income: €1.25m (up €1.52m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • May 20
First quarter 2022 earnings released: EPS: €0.009 (vs €0.006 in 1Q 2021) First quarter 2022 results: EPS: €0.009 (up from €0.006 in 1Q 2021). Revenue: €7.00m (up 26% from 1Q 2021). Net income: €1.18m (up 58% from 1Q 2021). Profit margin: 17% (up from 13% in 1Q 2021). 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. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman of the Board Henrik Kvick is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: €0.006 (vs €0.016 in FY 2020) Full year 2021 results: EPS: €0.006 (down from €0.016 in FY 2020). Revenue: €24.8m (up 113% from FY 2020). Net income: €718.0k (down 43% from FY 2020). Profit margin: 2.9% (down from 11% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 38% share price gain to kr2.50, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 21x in the Hospitality industry in Sweden. Total loss to shareholders of 66% over the past three years. Recent Insider Transactions • Mar 09
Director recently bought kr149k worth of stock On the 7th of March, Kim Mikkelsen bought around 88k shares on-market at roughly kr1.70 per share. In the last 3 months, they made an even bigger purchase worth kr285k. Insiders have collectively bought kr11m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to kr1.77, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 21x in the Hospitality industry in Sweden. Total loss to shareholders of 79% over the past three years. Reported Earnings • Feb 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.006 (down from €0.016 in FY 2020). Revenue: €24.8m (up 113% from FY 2020). Net income: €719.0k (down 43% from FY 2020). Profit margin: 2.9% (down from 11% 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, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jan 02
Director recently bought kr285k worth of stock On the 30th of December, Kim Mikkelsen bought around 109k shares on-market at roughly kr2.62 per share. In the last 3 months, they made an even bigger purchase worth kr1.2m. Insiders have collectively bought kr10m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 19
Director recently bought kr396k worth of stock On the 17th of November, Kim Mikkelsen bought around 151k shares on-market at roughly kr2.62 per share. In the last 3 months, they made an even bigger purchase worth kr1.3m. Insiders have collectively bought kr6.8m more in shares than they have sold in the last 12 months. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS €0.005 (vs €0.004 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €6.45m (up 171% from 3Q 2020). Net income: €593.0k (up 81% from 3Q 2020). Profit margin: 9.2% (down from 14% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Oct 01
Director recently bought kr1.3m worth of stock On the 29th of September, Kim Mikkelsen bought around 497k shares on-market at roughly kr2.59 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 16
Director recently bought kr452k worth of stock On the 15th of September, Kim Mikkelsen bought around 176k shares on-market at roughly kr2.57 per share. In the last 3 months, they made an even bigger purchase worth kr750k. Insiders have collectively bought kr4.0m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 29
Director recently bought kr750k worth of stock On the 26th of August, Kim Mikkelsen bought around 300k shares on-market at roughly kr2.50 per share. In the last 3 months, they made an even bigger purchase worth kr885k. Insiders have collectively bought kr2.9m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 13
Second quarter 2021 earnings released: €0.002 loss per share (vs €0.015 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €6.20m (up 74% from 2Q 2020). Net loss: €267.0k (loss narrowed 77% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 18
Director recently bought kr885k worth of stock On the 16th of June, Kim Mikkelsen bought around 300k shares on-market at roughly kr2.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 06
Director recently bought kr330k worth of stock On the 31st of May, Kim Mikkelsen bought around 100k shares on-market at roughly kr3.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 04
Director recently bought kr330k worth of stock On the 31st of May, Kim Mikkelsen bought around 100k shares on-market at roughly kr3.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.1m more in shares than they have sold in the last 12 months.