Reported Earnings • Jun 02
First quarter 2023 earnings released: kr.0.078 loss per share (vs kr.0.078 loss in 1Q 2022) First quarter 2023 results: kr.0.078 loss per share (in line with 1Q 2022). Revenue: kr.30.9m (down 4.2% from 1Q 2022). Net loss: kr.3.18m (flat on 1Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Announcement • Jun 01
Lauritz.Com Group A/S Provides Earnings Guidance for the Full Year 2023 Lauritz.com Group A/S provided earnings guidance for the full year 2023. For the period, the company expected total sales to decrease of 10 to 15% (previously 0 to +5%). Operating profit to be in the range of DKK -3 to +3 million (previously +3 to +8 million). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: kr.0.034 (vs kr.0.20 loss in FY 2021) Full year 2022 results: EPS: kr.0.034 (up from kr.0.20 loss in FY 2021). Revenue: kr.110.3m (down 15% from FY 2021). Net income: kr.1.41m (up kr.9.51m from FY 2021). Profit margin: 1.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: kr.0.01 (vs kr.0.20 loss in FY 2021) Full year 2022 results: EPS: kr.0.01 (up from kr.0.20 loss in FY 2021). Revenue: kr.110.3m (down 15% from FY 2021). Net income: kr.404.0k (up kr.8.51m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. 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. 3 non-independent directors. Director Tue Botkaer was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: kr.0.046 (vs kr.0.01 loss in 3Q 2021) Third quarter 2022 results: EPS: kr.0.046. Revenue: kr.24.5m (down 21% from 3Q 2021). Net loss: kr.1.87m (loss widened 350% from 3Q 2021). Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: kr.0.10 (vs kr.0.18 loss in 2Q 2021) Second quarter 2022 results: EPS: kr.0.10 (up from kr.0.18 loss in 2Q 2021). Revenue: kr.29.4m (down 7.9% from 2Q 2021). Net income: kr.4.19m (up kr.11.6m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 13
First quarter 2022 earnings released: kr.0.078 loss per share (vs kr.0.024 loss in 1Q 2021) First quarter 2022 results: kr.0.078 loss per share (down from kr.0.024 loss in 1Q 2021). Revenue: kr.32.2m (flat on 1Q 2021). Net loss: kr.3.20m (loss widened 233% from 1Q 2021). 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 23% per year, which means it is significantly lagging earnings. 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. Director Tue Botkaer was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 14
Full year 2021 earnings released: kr.0.20 loss per share (vs kr.0.70 loss in FY 2020) Full year 2021 results: kr.0.20 loss per share (up from kr.0.70 loss in FY 2020). Revenue: kr.129.4m (up 6.6% from FY 2020). Net loss: kr.8.10m (loss narrowed 71% from FY 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Third quarter 2021 earnings released: kr.0.01 loss per share (vs kr.0.027 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: kr.31.2m (down 35% from 3Q 2020). Net loss: kr.415.0k (loss narrowed 63% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2021 earnings released: kr.0.18 loss per share (vs kr.0.33 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: kr.32.0m (down 35% from 2Q 2020). Net loss: kr.7.41m (loss narrowed 46% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
First quarter 2021 earnings released: EPS kr.0.024 (vs kr.0.11 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: kr.32.4m (down 30% from 1Q 2020). Net loss: kr.960.0k (loss narrowed 79% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
Full year 2020 earnings released: kr.0.54 loss per share (vs kr.1.35 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr.214.2m (down 2.7% from FY 2019). Net loss: kr.21.8m (down 140% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Executive Departure • Feb 02
CEO & Member of the Management Board Carsten Rysgaard has left the company On the 31st of January, Carsten Rysgaard's tenure as CEO & Member of the Management Board of the company ended after 1.3 years in the role. We don't have any record of a personal shareholding under Carsten's name. Carsten is the only executive to leave the company over the last 12 months. Under Carsten's leadership, the company delivered a total shareholder return of -22%. Is New 90 Day High Low • Jan 14
New 90-day high: kr1.02 The company is up 17% from its price of kr0.87 on 16 October 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Online Retail industry, which is also up 17% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of kr.29.2m, with losses widening by 56% from the prior year. Total revenue was kr.204.7m over the last 12 months, down 11% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day low: kr0.84 The company is down 6.0% from its price of kr0.90 on 29 July 2020. The Swedish market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 23% over the same period.