DUG Foodtech (OM:DUG) - Stock Price, News & Analysis

DUG Stock Overview

Operates as a food development company. More details

DUG fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Earnings have declined by 12.2% per year over past 5 years

Does not have a meaningful market cap (SEK13M)

Makes less than USD$1m in revenue (SEK2M)

Highly volatile share price over the past 3 months compared to the Swedish market

DUG Foodtech AB (publ) Competitors

Lohilo Foods

OM:LOHILO

SEK 59.5m

Premium Snacks Nordic

OM:SNX

SEK 242.5m

Cheffelo

OM:CHEF

SEK 315.7m

Skåne-möllan

OM:SKMO

SEK 550.0m

Price History & Performance

Summary of all time highs, changes and price drops for DUG Foodtech
Historical stock prices
Current Share Price	SEK 0.32
52 Week High	SEK 1.49
52 Week Low	SEK 0.30
Beta	1.85
11 Month Change	-8.52%
3 Month Change	-64.14%
1 Year Change	-60.73%
33 Year Change	-98.83%
5 Year Change	n/a
Change since IPO	-96.75%

Recent updates

We're Not Very Worried About Veg of Lund's (STO:VOLAB) Cash Burn Rate

Nov 10

Shareholder Returns

	DUG	SE Food	SE Market
7D	-5.0%	0.5%	-0.2%
1Y	-60.7%	31.7%	11.8%

Return vs Industry: DUG underperformed the Swedish Food industry which returned 31.7% over the past year.

Return vs Market: DUG underperformed the Swedish Market which returned 11.8% over the past year.

Price Volatility

Is DUG's price volatile compared to industry and market?
DUG volatility
DUG Average Weekly Movement	18.5%
Food Industry Average Movement	4.5%
Market Average Movement	5.5%
10% most volatile stocks in SE Market	11.2%
10% least volatile stocks in SE Market	3.3%

Stable Share Price: DUG's share price has been volatile over the past 3 months compared to the Swedish market.

Volatility Over Time: DUG's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

Founded	Employees	CEO	Website
2016	5	Helene Nielsen	dugdrinks.com

DUG Foodtech AB (publ) operates as a food development company. It produces a vegetarian emulsion consisting of potatoes and rapeseed oil. The company develops My Foodie, a vegetable milk alternative and a foody smoothie that is intended as a snack; vegetable soups; sauces; and a probiotic variant of My Foodie.

DUG Foodtech AB (publ) Fundamentals Summary

How do DUG Foodtech's earnings and revenue compare to its market cap?
DUG fundamental statistics
Market cap	SEK 13.29m
Earnings (TTM)	-SEK 12.34m
Revenue (TTM)	SEK 2.06m

6.5x

P/S Ratio

-1.1x

P/E Ratio

Is DUG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DUG income statement (TTM)
Revenue	SEK 2.06m
Cost of Revenue	SEK 2.64m
Gross Profit	-SEK 581.00k
Other Expenses	SEK 11.76m
Earnings	-SEK 12.34m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.30
Gross Margin	-28.23%
Net Profit Margin	-599.51%
Debt/Equity Ratio	0%

How did DUG perform over the long term?

See historical performance and comparison

DUG Stock Overview

Risk Analysis

DUG Foodtech AB (publ) Competitors

OM:LOHILO

SEK 59.5m

OM:SNX

SEK 242.5m

OM:CHEF

SEK 315.7m

OM:SKMO

SEK 550.0m

Price History & Performance

Recent News & Updates

Dug Foodtech AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 28.060122 million.

Dug Foodtech AB (publ) Appoints Markus Dragicevic as New Board Member

Dug Foodtech AB (Publ) Receives Patent Approval in Japan and Australia Protecting the Company's Plant-Based Potato Drink

Less than half of directors are independent

Second quarter 2024 earnings released: kr0.12 loss per share (vs kr0.33 loss in 2Q 2023)

High number of new and inexperienced directors

Recent updates

Dug Foodtech AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 28.060122 million.

Dug Foodtech AB (publ) Appoints Markus Dragicevic as New Board Member

Dug Foodtech AB (Publ) Receives Patent Approval in Japan and Australia Protecting the Company's Plant-Based Potato Drink

Less than half of directors are independent

Second quarter 2024 earnings released: kr0.12 loss per share (vs kr0.33 loss in 2Q 2023)

High number of new and inexperienced directors

Veg of Lund AB (publ) Approves Election of Kaj Söderström as Board Member

Veg of Lund AB (publ) Launches DUG Potine Drink in REWE's Online Store with Distributor CENFOOD Gmbh

First quarter 2024 earnings released: kr0.085 loss per share (vs kr0.35 loss in 1Q 2023)

New major risk - Share price stability

Full year 2023 earnings released: kr0.68 loss per share (vs kr3.41 loss in FY 2022)

New minor risk - Share price stability

Third quarter 2023 earnings released: kr0.25 loss per share (vs kr0.42 loss in 3Q 2022)

Veg of Lund AB (Publ) Appoints for Patent Protection for Its Plant-Based Meat Alternative

Veg of Lund AB (publ) Announces Chief Executive Officer Changes

Second quarter 2023 earnings released: kr0.33 loss per share (vs kr0.87 loss in 2Q 2022)

Veg of Lund AB (publ) Receives Clearance from National Import Authorities for the Start of Dug Potato Drink Sales in the Japanese Market

Veg of Lund AB (Publ) Approves Election of Johan Möllerström as Board Member and Chairman

Veg of Lund Receives Canadian Patent Protecting the Plant-Based Potato Drink

Veg of Lund Launches DUG Mango Smoothie Onto the Swedish Market

Veg of Lund AB (Publ) Appoints Emil Bendroth as CFO

First quarter 2023 earnings released: kr0.35 loss per share (vs kr1.47 loss in 1Q 2022)

Veg of Lund AB (publ) to Report Fiscal Year 2023 Results on Feb 15, 2024

Veg of Lund moves its Headquarters to Lund

Veg of Lund Receives European Patent Protecting the Company's Plant-Based Potato Drink

Veg of Lund AB (Publ) Announces Board Changes

Veg of Lund AB (publ) Appoints Cecilia Strandberg as Interim Chief Financial Officer

Third quarter 2022 earnings released: kr0.42 loss per share (vs kr0.54 loss in 3Q 2021)

Veg of Lund launches DUG Smoothie Onto the Swedish Market

Emma Källqvist Will Leave Her Position as CFO of Veg of Lund

Magnus Nordin Leaves Veg of Lund AB (Publ) Board

Second quarter 2022 earnings released: kr0.87 loss per share (vs kr0.52 loss in 2Q 2021)

Veg of Lund AB (publ) to Report Q1, 2023 Results on May 11, 2023

Veg of Lund AB (Publ) Appoints Fredrik Carling as New CEO, Effective 19 September 2022

Veg of Lund AB (Publ) Announces Resignation of Fred Holmberg as Board of Director

Veg of Lund AB (Publ) Elects Fred Holmberg as Board Members

First quarter 2022 earnings released: kr1.47 loss per share (vs kr0.21 loss in 1Q 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Veg of Lund AB (publ) Announces Board Changes

We're Not Very Worried About Veg of Lund's (STO:VOLAB) Cash Burn Rate

Third quarter 2021 earnings released: kr0.54 loss per share (vs kr0.36 loss in 3Q 2020)

Veg of Lund AB (publ) announced that it has received SEK 30.09 million in funding

Director Thomas Olander has left the company

Second quarter 2021 earnings released: kr0.52 loss per share (vs kr0.36 loss in 2Q 2020)

Veg of Lund's New Plant-Based Potato-Based Drink, DUG®, Now Available in the Range of 17 ICA Maxi Stores in the Greater Stockholm Area

Veg of Lund Launches Its Plant-Based Drink Dug At Ica Kvantum Liljeholmen in Stockholm

First quarter 2021 earnings released

Full year 2020 earnings released: kr1.80 loss per share (vs kr1.81 loss in FY 2019)

Veg of Lund Signs Agreement with Sales Broker in the United States

Veg of Lund AB (publ) to Report Fiscal Year 2020 Results on Feb 18, 2021

Veg of Lund AB Signs an Agreement with a South Korean Distributor to Launch its Range of Plant-Based Beverages

Veg of Lund AB Announces Resignation of Erik Sundqvist as CFO

Veg of Lund AB (publ) Introduces its Own Potato Milk, Developed by the Company in Three Different Versions Under the Dug[®] Brand

Veg of Lund Introduces Its Plant-Based Smoothie in New Type of Packaging

New 90-day low: kr6.84

Earnings released

Shareholder Returns

Price Volatility

About the Company

DUG Foodtech AB (publ) Fundamentals Summary