Reported Earnings • May 23
First quarter 2026 earnings released: kr0.023 loss per share (vs kr0.16 loss in 1Q 2025) First quarter 2026 results: kr0.023 loss per share (improved from kr0.16 loss in 1Q 2025). Revenue: kr216.0m (up 4.3% from 1Q 2025). Net loss: kr1.00m (loss narrowed 86% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year. New Risk • May 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% 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 Earnings have declined by 55% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (kr531.0m market cap, or US$57.6m). Announcement • Apr 24
Seafire AB (publ), Annual General Meeting, May 22, 2026 Seafire AB (publ), Annual General Meeting, May 22, 2026, at 13:00 W. Europe Standard Time. Location: seafire office on master samuelsgatan 9, stockholm Sweden Announcement • Mar 05
Seafire AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 140.108268 million. Seafire AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 140.108268 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 25,707,939
Price\Range: SEK 5.45
Transaction Features: Rights Offering Reported Earnings • Feb 21
Full year 2025 earnings released: kr0.093 loss per share (vs kr3.13 loss in FY 2024) Full year 2025 results: kr0.093 loss per share (improved from kr3.13 loss in FY 2024). Revenue: kr949.0m (up 4.9% from FY 2024). Net loss: kr4.00m (loss narrowed 97% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. New Risk • Jan 21
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 8.3% 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 63% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (kr338.5m market cap, or US$37.2m). Recent Insider Transactions • Nov 10
CEO & President recently bought kr91k worth of stock On the 6th of November, Daniel Repfennig bought around 13k shares on-market at roughly kr7.00 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr100k. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: kr0.21 (vs kr0.093 loss in 3Q 2024) Third quarter 2025 results: EPS: kr0.21 (up from kr0.093 loss in 3Q 2024). Revenue: kr232.0m (up 10.0% from 3Q 2024). Net income: kr9.00m (up kr13.0m from 3Q 2024). Profit margin: 3.9% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. New Risk • Oct 14
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 8.0% 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 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (kr279.4m market cap, or US$29.2m). Recent Insider Transactions • Aug 26
Independent Director recently bought kr100k worth of stock On the 21st of August, Sonny Mirborn bought around 15k shares on-market at roughly kr6.58 per share. This transaction amounted to 73% 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 kr287k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: kr0.047 (vs kr0.65 loss in 2Q 2024) Second quarter 2025 results: EPS: kr0.047 (up from kr0.65 loss in 2Q 2024). Revenue: kr268.0m (up 1.5% from 2Q 2024). Net income: kr2.00m (up kr30.0m from 2Q 2024). Profit margin: 0.7% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Aug 21
Seafire AB (publ) to Report Fiscal Year 2025 Results on Feb 20, 2026 Seafire AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 20, 2026 Reported Earnings • Apr 09
Full year 2024 earnings released: kr3.13 loss per share (vs kr1.17 loss in FY 2023) Full year 2024 results: kr3.13 loss per share (further deteriorated from kr1.17 loss in FY 2023). Revenue: kr905.0m (down 9.5% from FY 2023). Net loss: kr134.0m (loss widened 168% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Seafire AB (publ) Announces Jacob Persson, CFO, Intends to Leave Seafire AB (publ) announced CFO Jacob Persson has decided to leave the company for a new position outside the group in another industry. Jacob Persson has been CFO at Seafire since 2021 and was appointed acting CEO for parts of 2024. Jacob Persson will leave his position in the third quarter and a recruitment process to find his replacement will begin immediately. Announcement • Mar 21
Seafire AB (publ), Annual General Meeting, Apr 24, 2025 Seafire AB (publ), Annual General Meeting, Apr 24, 2025, at 15:00 W. Europe Standard Time. Location: at advokatfirman lindahls offices, on smalandsgatan 16, stockholm Sweden Reported Earnings • Feb 26
Full year 2024 earnings released: kr3.13 loss per share (vs kr1.17 loss in FY 2023) Full year 2024 results: kr3.13 loss per share (further deteriorated from kr1.17 loss in FY 2023). Revenue: kr926.0m (down 7.4% from FY 2023). Net loss: kr134.0m (loss widened 168% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Nov 16
Chief Financial Officer recently bought kr57k worth of stock On the 7th of November, Jacob Persson bought around 10k shares on-market at roughly kr5.68 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jacob has been a buyer over the last 12 months, purchasing a net total of kr123k worth in shares. Recent Insider Transactions • Nov 12
Chief Financial Officer recently bought kr57k worth of stock On the 7th of November, Jacob Persson bought around 10k shares on-market at roughly kr5.68 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jacob has been a buyer over the last 12 months, purchasing a net total of kr123k worth in shares. Reported Earnings • Nov 07
Third quarter 2024 earnings released: kr0.093 loss per share (vs kr0.21 loss in 3Q 2023) Third quarter 2024 results: kr0.093 loss per share (improved from kr0.21 loss in 3Q 2023). Revenue: kr213.0m (down 8.6% from 3Q 2023). Net loss: kr4.00m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year whereas the company’s share price has fallen by 43% per year. Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.65 loss per share (vs kr0.23 profit in 2Q 2023) Second quarter 2024 results: kr0.65 loss per share (down from kr0.23 profit in 2Q 2023). Revenue: kr274.0m (down 5.5% from 2Q 2023). Net loss: kr28.0m (down 380% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr263.1m market cap, or US$25.1m). Recent Insider Transactions • May 29
Acting CEO & CFO recently bought kr67k worth of stock On the 24th of May, Jacob Persson bought around 11k shares on-market at roughly kr5.87 per share. This transaction increased Jacob's direct individual holding by 10x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jacob's only on-market trade for the last 12 months. Board Change • May 17
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. No highly experienced directors. Independent Director Marcus Soderberg is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Seafire AB (Publ) Announces Board Appointments Seafire AB (publ) at its Annual General Meeting of held on April 24, 2024, Sonny Mirborn was elected as a new member of the Board of Directors. Anders Hillerborg was elected Chairman of the Board. Announcement • Apr 18
Joachim Berner Declines Re-Election as Chairman of the Board At Seafire AB (Publ) Seafire AB (publ) announced that Joachim Berner has informed the nomination committee that he declines re-election as Chairman of the board at Seafire. Announcement • Apr 14
Seafire AB (publ) Appoints Daniel Repfennig as CEO The Board of Seafire AB (publ) has appointed Daniel Repfennig as the new Chief Executive Officer and President. He assumes his position as soon as possible, but on 16 September at the latest. Repfennig has many years of experience in corporate development and has many years of experience in corporate development and investment operations at Ratos, Solix and most recently as a director at Polaris Private Equity. Prior to this, he worked as a management consultant at Arthur D. Little. Repfennig is 40 years old and holds a Master of Science in Industrial Engineering and Management from the Royal Institute of Technology and a Bachelor’s degree in Business Administration from Stockholm University. Reported Earnings • Apr 05
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: kr1.17 loss per share (down from kr0.22 profit in FY 2022). Revenue: kr1.04b (up 16% from FY 2022). Net loss: kr50.0m (down kr56.4m from profit in FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Capital Markets industry in Sweden. 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 40% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 26
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: kr1.17 loss per share (down from kr0.22 profit in FY 2022). Revenue: kr1.04b (up 16% from FY 2022). Net loss: kr50.0m (down kr56.4m from profit in FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Capital Markets industry in Sweden. 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 41% per year, which means it is performing significantly worse than earnings. Announcement • Feb 25
Seafire AB (publ) to Report Q1, 2024 Results on Apr 24, 2024 Seafire AB (publ) announced that they will report Q1, 2024 results at 12:00 PM, Central European Standard Time on Apr 24, 2024 New Risk • Feb 23
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 9.9% 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 (9.9% average weekly change). Market cap is less than US$100m (kr210.4m market cap, or US$20.4m). Recent Insider Transactions • Nov 05
Independent Director recently bought kr62k worth of stock On the 30th of October, Marcus Soderberg bought around 10k shares on-market at roughly kr6.34 per share. This transaction increased Marcus' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr988k more in shares than they have sold in the last 12 months. Announcement • Nov 04
Protector Forsikring ASA (OB : PROT) acquired additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF). Protector Forsikring ASA (OB : PROT) acquired additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF) on October 30, 2023. Protector Forsikring ASA (OB : PROT) completed the acquisition of additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF) on October 30, 2023. New Risk • Nov 01
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 8.7% 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 Less than 1 year of cash runway based on current free cash flow (-kr86m). Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (kr291.4m market cap, or US$26.0m). Price Target Changed • Aug 24
Price target decreased by 8.3% to kr27.50 Down from kr30.00, the current price target is provided by 1 analyst. New target price is 138% above last closing price of kr11.55. Stock is down 60% over the past year. The company is forecast to post a net loss per share of kr0.45 compared to earnings per share of kr0.22 last year. Reported Earnings • Aug 23
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: kr0.21 (down from kr0.47 in 2Q 2022). Revenue: kr288.0m (up 1.7% from 2Q 2022). Net income: kr9.00m (down 35% from 2Q 2022). Profit margin: 3.1% (down from 4.9% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Capital Markets industry in Sweden. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 13
COO & Head of Industry recently bought kr96k worth of stock On the 9th of June, Markus Akerstedt bought around 7k shares on-market at roughly kr14.80 per share. This transaction amounted to less than 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. Despite this recent buy, Markus has been a net seller over the last 12 months, reducing personal holdings by kr632k. Recent Insider Transactions • Jun 11
COO & Head of Industry recently bought kr96k worth of stock On the 9th of June, Markus Akerstedt bought around 7k shares on-market at roughly kr14.80 per share. This transaction amounted to less than 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. Despite this recent buy, Markus has been a net seller over the last 12 months, reducing personal holdings by kr632k. Major Estimate Revision • Apr 28
Consensus EPS estimates increase by 68% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr1.17b to kr1.19b. EPS estimate increased from kr0.34 to kr0.57 per share. Net income forecast to grow 275% next year vs 36% growth forecast for Capital Markets industry in Sweden. Consensus price target of kr30.00 unchanged from last update. Share price rose 11% to kr19.00 over the past week. Major Estimate Revision • Apr 18
Consensus EPS estimates fall by 62%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from kr1.16b to kr1.17b. EPS estimate fell from kr0.89 to kr0.34 per share. Net income forecast to grow 41% next year vs 36% growth forecast for Capital Markets industry in Sweden. Consensus price target up from kr27.50 to kr30.00. Share price was steady at kr17.25 over the past week. Recent Insider Transactions • Mar 28
COO, Head of Industry & Director recently sold kr728k worth of stock On the 21st of March, Markus Akerstedt sold around 40k shares on-market at roughly kr18.20 per share. This transaction amounted to 3.3% 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 Markus' only on-market trade for the last 12 months. Recent Insider Transactions • Feb 28
Chief Executive Officer recently bought kr65k worth of stock On the 24th of February, Johan Bennarsten bought around 4k shares on-market at roughly kr18.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr596k. Johan has been a buyer over the last 12 months, purchasing a net total of kr1.1m worth in shares. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: kr0.22 (vs kr0.95 loss in FY 2021) Full year 2022 results: EPS: kr0.22 (up from kr0.95 loss in FY 2021). Revenue: kr934.5m (up 122% from FY 2021). Net income: kr6.40m (up kr19.8m from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Capital Markets industry in Sweden. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 14
Chief Executive Officer recently bought kr66k worth of stock On the 11th of January, Johan Bennarsten bought around 3k shares on-market at roughly kr24.02 per share. This transaction amounted to less than 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. Johan has been a buyer over the last 12 months, purchasing a net total of kr332k worth in shares. Price Target Changed • Nov 16
Price target increased to kr47.00 Up from kr33.50, the current price target is provided by 1 analyst. New target price is 120% above last closing price of kr21.40. Stock is down 30% over the past year. The company is forecast to post earnings per share of kr0.71 next year compared to a net loss per share of kr0.95 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: kr0.041 (up from kr0.17 loss in 3Q 2021). Revenue: kr237.1m (up 132% from 3Q 2021). Net income: kr1.20m (up kr3.35m from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 79%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Capital Markets industry in Sweden. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Sep 28
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from kr899.0m to kr932.0m. EPS estimate fell from kr1.06 to kr0.86 per share. Net income forecast to grow 4,226% next year vs 13% growth forecast for Capital Markets industry in Sweden. Consensus price target of kr47.00 unchanged from last update. Share price fell 3.7% to kr23.20 over the past week. Reported Earnings • Aug 24
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: kr0.47 (up from kr0.19 in 2Q 2021). Revenue: kr284.9m (up 171% from 2Q 2021). Net income: kr13.9m (up kr11.8m from 2Q 2021). Profit margin: 4.9% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 37%, compared to a 22% growth forecast for the Capital Markets industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 29
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: kr0.14 loss per share (up from kr0.64 loss in 1Q 2021). Revenue: kr168.9m (up 122% from 1Q 2021). Net loss: kr3.80m (loss narrowed 40% from 1Q 2021). Revenue exceeded analyst estimates by 8.3%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 6.7% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target increased to kr47.00 Up from kr33.50, the current price target is provided by 1 analyst. New target price is 40% above last closing price of kr33.50. Stock is up 13% over the past year. The company is forecast to post earnings per share of kr1.12 next year compared to a net loss per share of kr0.95 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Sara Wallin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: kr0.95 loss per share (down from kr0.049 loss in FY 2020). Revenue: kr428.6m (up 94% from FY 2020). Net loss: kr13.4m (loss widened kr12.9m from FY 2020). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 157%. Over the next year, revenue is forecast to grow 72%, compared to a 9.0% growth forecast for the funds industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Feb 26
Forecast breakeven date pushed back to 2023 The 2 analysts covering Seafire previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of kr42.0m in 2023. Average annual earnings growth of 75% is required to achieve expected profit on schedule. Announcement • Jan 19
Seafire AB (publ) (OM:SEAF) entered into an agreement to acquire Dofab Ab from Karolin Jeppsson and Olof Jeppsson for approximately SEK 110 million. Seafire AB (publ) (OM:SEAF) entered into an agreement to acquire Dofab Ab from Karolin Jeppsson and Olof Jeppsson for approximately SEK 110 million on January 17, 2022. The purchase price for DOFAB amounts to a maximum of SEK 105 million, which includes a net cash of approximately SEK 10 million. Of the total purchase price, SEK 86 million will be paid in cash and SEK 4 million in Seafire shares through a directed issue at a price of SEK 32.41 per share and a variable additional purchase price of a maximum of SEK 5 million per year during the period 2022 to 2024 if Dofab achieves EBITDA over SEK 10 million. For the year ended June 30, 2021, Dofab had sales of SEK 69 million with an EBITDA of SEK 12.8 million. Karolin Jeppsson and Olof Jeppsson will remain in their operational roles after the acquisition. The transaction is expected to conclude on February 1, 2022. Reported Earnings • Oct 29
Third quarter 2021 earnings released: kr0.17 loss per share (vs kr0.091 profit in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and control over costs were weaker. Third quarter 2021 results: Revenue: kr108.7m (up 104% from 3Q 2020). Net loss: kr2.15m (down 343% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Oct 29
Chairman recently sold kr3.1m worth of stock On the 27th of October, Joachim Berner sold around 100k shares on-market at roughly kr31.00 per share. This was the largest sale by an insider in the last 3 months. This was Joachim's only on-market trade for the last 12 months. Announcement • Sep 25
Seafire AB (publ) (OM:SEAF) agreed to acquire Pexymek Ab from Seafire AB (publ) (OM:SEAF) for SEK 70 million. Seafire AB (publ) (OM:SEAF) agreed to acquire Pexymek Ab from Seafire AB (publ) (OM:SEAF) for SEK 70 million on September 24, 2021. The consideration includes a purchase price of SEK 65 million and an additional purchase amount of SEK 5 million per year. The transaction is expected to complete on October 1, 2021. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS kr0.19 (vs kr0.33 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: kr105.2m (up 43% from 2Q 2020). Net income: kr2.15m (down 32% from 2Q 2020). Profit margin: 2.0% (down from 4.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 02
First quarter 2021 earnings released: kr0.64 loss per share (vs kr0.15 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr76.4m (up 66% from 1Q 2020). Net loss: kr6.32m (loss widened 344% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 25
Seafire AB (publ) announced that it expects to receive SEK 40 million in funding from Creades AB Seafire AB (publ) (OM: SEAF) announced that it will issue 2,000,000 shares at an issue price of SEK 20 per shares for gross proceeds of SEK 40,000,000 to Creades AB (OM: CRED A) on March 24, 2021. Is New 90 Day High Low • Feb 03
New 90-day high: kr22.70 The company is up 78% from its price of kr12.75 on 04 November 2020. The Swedish market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 49% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: kr18.90 The company is up 39% from its price of kr13.60 on 08 October 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 18% over the same period. Announcement • Jan 05
Seafire AB (publ) (OM:SEAF) acquired Farg-In Ab for SEK 58 million. Seafire AB (publ) (OM:SEAF) acquired Farg-In Ab for SEK 58 million on January 4, 2021.
Seafire AB (publ) (OM:SEAF) completed the acquisition of Farg-In Ab on January 4, 2021. Is New 90 Day High Low • Nov 27
New 90-day high: kr14.85 The company is up 25% from its price of kr11.85 on 28 August 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 14% over the same period. Reported Earnings • Oct 24
Third quarter earnings released Over the last 12 months the company has reported total losses of kr7.66m, with losses narrowing by 7.9% from the prior year. Total revenue was kr206.4m over the last 12 months, up 35% from the prior year. Is New 90 Day High Low • Oct 08
New 90-day high: kr13.60 The company is up 125% from its price of kr6.04 on 10 July 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 5.0% over the same period. Announcement • Sep 22
Seafire AB (publ) (OM:SEAF) acquired Luda.Farm Ab for SEK 24 million. Seafire AB (publ) (OM:SEAF) acquired Luda.Farm Ab for SEK 24 million on September 21, 2020. For the year 2019, Luda.Farm Ab ha reported revenues of SEK 34 million.
Seafire AB (publ) (OM:SEAF) completed the acquisition of Luda.Farm Ab on September 21, 2020. 
