Announcement • May 07
FSport AB (publ), Annual General Meeting, Jun 04, 2026 FSport AB (publ), Annual General Meeting, Jun 04, 2026, at 13:00 W. Europe Standard Time. Recent Insider Transactions • May 05
Independent Board Member recently sold kr662k worth of stock On the 27th of April, Ozkan Ego sold around 5m shares on-market at roughly kr0.13 per share. This transaction amounted to 11% 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 the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 24
Full year 2025 earnings released: kr0.011 loss per share (vs kr0.063 loss in FY 2024) Full year 2025 results: kr0.011 loss per share (improved from kr0.063 loss in FY 2024). Revenue: kr1.87m (down 58% from FY 2024). Net loss: kr1.71m (loss narrowed 71% from FY 2024). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr427.0k (down 59% from 3Q 2024). Net loss: kr1.52m (loss widened 41% from 3Q 2024). Reported Earnings • Sep 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr4.96m (up 260% from 2Q 2024). Net income: kr2.63m (up kr3.89m from 2Q 2024). Profit margin: 53% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr488.0k (down 58% from 1Q 2024). Net loss: kr1.68m (loss widened 7.5% from 1Q 2024). Announcement • May 08
FSport AB (publ), Annual General Meeting, Jun 05, 2025 FSport AB (publ), Annual General Meeting, Jun 05, 2025, at 10:00 W. Europe Standard Time. Location: will be held digitally via a web-based platform, without physical presence., Sweden New Risk • Dec 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 205% 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 Less than 1 year of cash runway based on free cash flow trend (-kr4.7m free cash flow). Share price has been highly volatile over the past 3 months (85% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (205% increase in shares outstanding). Revenue is less than US$1m (kr4.5m revenue, or US$410k). Market cap is less than US$10m (kr7.72m market cap, or US$701.9k). Reported Earnings • Nov 29
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr1.04m (down 5.2% from 3Q 2023). Net loss: kr1.08m (loss narrowed 37% from 3Q 2023). Announcement • Sep 24
FSport AB (publ) (OM:FSPORT) acquired Fans48 for SEK 5 million. FSport AB (publ) (OM:FSPORT) acquired Fans48 for SEK 5 million on September 23, 2024. The purchase price for the acquisition is divided into three parts, where the first is settled at the beginning of the agreement and amounts to SEK 3 million. After that, a first performance-based additional purchase price of at least SEK 3 million is paid after 24 months, and a second of at least SEK 2 million after 36 months. The total purchase price can amount to a maximum of SEK 5 million or a maximum of 15% of the Company's total number of shares at the time of settlement of additional purchase prices. The company has the right to settle all purchase prices with newly issued shares in offset issues. The initial purchase price is adjusted to a clearing price of SEK 0.08 per share, which would correspond to 3,750,000 newly issued shares. For these shares, the parties have agreed on customary terms for lock-up. Additional purchase fees are settled with an offset to the then prevailing share price for the Company. to finally prepare for wide release. The launch is tentatively set for Q1 2025 and will initially focus on the major European and South American football leagues and the prominent languages for each market, to then expand into additional languages and markets. In addition to the technical platform and the Fans48.com domain, the acquisition also includes a number of other geographic top-level domains for the brand.
FSport AB (publ) (OM:FSPORT) completed the acquisition of Fans48 on September 23, 2024. Reported Earnings • Aug 30
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr1.39m (down 8.2% from 2Q 2023). Net loss: kr1.26m (loss narrowed 37% from 2Q 2023). Announcement • May 21
FSport AB (publ), Annual General Meeting, May 30, 2024 FSport AB (publ), Annual General Meeting, May 30, 2024. Reported Earnings • May 19
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr1.15m (up 8.4% from 1Q 2023). Net loss: kr1.56m (loss narrowed 44% from 1Q 2023). Reported Earnings • Mar 03
Full year 2023 earnings released: kr0.29 loss per share (vs kr0.99 loss in FY 2022) Full year 2023 results: kr0.29 loss per share (improved from kr0.99 loss in FY 2022). Revenue: kr4.67m (down 35% from FY 2022). Net loss: kr13.7m (loss narrowed 28% from FY 2022). Board Change • Feb 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. 3 experienced directors. 1 highly experienced director. Independent Board Member Ozkan Ego was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr1.15m (down 40% from 3Q 2022). Net loss: kr1.71m (loss narrowed 40% from 3Q 2022). New Risk • Sep 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 145% 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 Less than 1 year of cash runway based on free cash flow trend (-kr12m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (145% increase in shares outstanding). Revenue is less than US$1m (kr6.5m revenue, or US$587k). Market cap is less than US$10m (kr8.99m market cap, or US$809.4k). Reported Earnings • Aug 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.51m (down 17% from 2Q 2022). Net loss: kr2.00m (loss narrowed 50% from 2Q 2022). Reported Earnings • Feb 21
Full year 2022 earnings released: kr0.99 loss per share (vs kr0.81 loss in FY 2021) Full year 2022 results: kr0.99 loss per share (further deteriorated from kr0.81 loss in FY 2021). Revenue: kr7.22m (up 100% from FY 2021). Net loss: kr19.1m (loss widened 22% from FY 2021). Reported Earnings • Nov 26
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr1.90m (up 75% from 3Q 2021). Net loss: kr2.87m (loss narrowed 37% from 3Q 2021). Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.82 loss per share (down from kr0.41 loss in FY 2020). Net loss: kr15.7m (loss widened kr13.5m from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Nov 21
Third quarter 2021 earnings released: kr0.45 loss per share Third quarter 2021 results: Net loss: kr4.52m (flat on 3Q 2020).