Dug Foodtech AB (publ)
OM:DUG Stock Report
Dug Foodtech Past Earnings Performance Dug Foodtech's earnings have been declining at an average annual rate of -12.2%, while the Food industry saw earnings growing at 4.5% annually. Revenues have been growing at an average rate of 22.6% per year.
Key information
-12.2%
Earnings growth rate
Food Industry Growth 1.3% Revenue growth rate 22.6% Return on equity -37.0% Net Margin -599.5% Last Earnings Update 30 Jun 2024
Recent past performance updates
Second quarter 2024 earnings released: kr0.12 loss per share (vs kr0.33 loss in 2Q 2023) Aug 23
First quarter 2024 earnings released: kr0.085 loss per share (vs kr0.35 loss in 1Q 2023) May 29
Full year 2023 earnings released: kr0.68 loss per share (vs kr3.41 loss in FY 2022) Mar 26
Third quarter 2023 earnings released: kr0.25 loss per share (vs kr0.42 loss in 3Q 2022) Nov 28
Second quarter 2023 earnings released: kr0.33 loss per share (vs kr0.87 loss in 2Q 2022) Aug 16
First quarter 2023 earnings released: kr0.35 loss per share (vs kr1.47 loss in 1Q 2022) May 14
Show all updates Dug Foodtech AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 28.060122 million. Nov 06
Dug Foodtech AB (publ) Appoints Markus Dragicevic as New Board Member Oct 16
Dug Foodtech AB (Publ) Receives Patent Approval in Japan and Australia Protecting the Company's Plant-Based Potato Drink Sep 24
Less than half of directors are independent Sep 06
Second quarter 2024 earnings released: kr0.12 loss per share (vs kr0.33 loss in 2Q 2023) Aug 23
High number of new and inexperienced directors Jul 11
Veg of Lund AB (publ) Approves Election of Kaj Söderström as Board Member Jun 27
Veg of Lund AB (publ) Launches DUG Potine Drink in REWE's Online Store with Distributor CENFOOD Gmbh Jun 25
First quarter 2024 earnings released: kr0.085 loss per share (vs kr0.35 loss in 1Q 2023) May 29
New major risk - Share price stability Apr 17
Full year 2023 earnings released: kr0.68 loss per share (vs kr3.41 loss in FY 2022) Mar 26
New minor risk - Share price stability Mar 08
Third quarter 2023 earnings released: kr0.25 loss per share (vs kr0.42 loss in 3Q 2022) Nov 28
Veg of Lund AB (Publ) Appoints for Patent Protection for Its Plant-Based Meat Alternative Nov 03
Veg of Lund AB (publ) Announces Chief Executive Officer Changes Oct 05
Second quarter 2023 earnings released: kr0.33 loss per share (vs kr0.87 loss in 2Q 2022) Aug 16
Veg of Lund AB (publ) Receives Clearance from National Import Authorities for the Start of Dug Potato Drink Sales in the Japanese Market Jul 26
Veg of Lund AB (Publ) Approves Election of Johan Möllerström as Board Member and Chairman Jun 15
Veg of Lund Receives Canadian Patent Protecting the Plant-Based Potato Drink Jun 14
Veg of Lund Launches DUG Mango Smoothie Onto the Swedish Market Jun 08
Veg of Lund AB (Publ) Appoints Emil Bendroth as CFO Jun 06
First quarter 2023 earnings released: kr0.35 loss per share (vs kr1.47 loss in 1Q 2022) May 14 Veg of Lund AB (publ) to Report Fiscal Year 2023 Results on Feb 15, 2024 Veg of Lund moves its Headquarters to Lund Jan 23
Veg of Lund Receives European Patent Protecting the Company's Plant-Based Potato Drink Jan 18
Veg of Lund AB (Publ) Announces Board Changes Dec 10
Veg of Lund AB (publ) Appoints Cecilia Strandberg as Interim Chief Financial Officer Nov 17
Third quarter 2022 earnings released: kr0.42 loss per share (vs kr0.54 loss in 3Q 2021) Nov 11
Veg of Lund launches DUG Smoothie Onto the Swedish Market Nov 01
Emma Källqvist Will Leave Her Position as CFO of Veg of Lund Sep 21
Magnus Nordin Leaves Veg of Lund AB (Publ) Board Sep 15
Second quarter 2022 earnings released: kr0.87 loss per share (vs kr0.52 loss in 2Q 2021) Aug 19 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 Jul 28
Veg of Lund AB (Publ) Announces Resignation of Fred Holmberg as Board of Director Jun 22
Veg of Lund AB (Publ) Elects Fred Holmberg as Board Members May 12
First quarter 2022 earnings released: kr1.47 loss per share (vs kr0.21 loss in 1Q 2021) May 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 18
Veg of Lund AB (publ) Announces Board Changes Feb 01
We're Not Very Worried About Veg of Lund's (STO:VOLAB) Cash Burn Rate Nov 10
Third quarter 2021 earnings released: kr0.54 loss per share (vs kr0.36 loss in 3Q 2020) Nov 10
Veg of Lund AB (publ) announced that it has received SEK 30.09 million in funding Aug 27
Director Thomas Olander has left the company Aug 14
Second quarter 2021 earnings released: kr0.52 loss per share (vs kr0.36 loss in 2Q 2020) Aug 12
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 Jun 04
Veg of Lund Launches Its Plant-Based Drink Dug At Ica Kvantum Liljeholmen in Stockholm May 25
First quarter 2021 earnings released May 13
Full year 2020 earnings released: kr1.80 loss per share (vs kr1.81 loss in FY 2019) Mar 24
Veg of Lund Signs Agreement with Sales Broker in the United States Mar 03 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 Jan 29
Veg of Lund AB Announces Resignation of Erik Sundqvist as CFO Dec 24
Veg of Lund AB (publ) Introduces its Own Potato Milk, Developed by the Company in Three Different Versions Under the Dug[®] Brand Dec 16
Veg of Lund Introduces Its Plant-Based Smoothie in New Type of Packaging Dec 10
New 90-day low: kr6.84 Oct 21
Earnings released Aug 23
Revenue & Expenses Breakdown
How Dug Foodtech makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History OM:DUG Revenue, expenses and earnings (SEK Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 2 -12 18 0 31 Mar 24 3 -15 22 0 31 Dec 23 5 -21 27 0 30 Sep 23 5 -34 31 0 30 Jun 23 4 -33 31 0 31 Mar 23 4 -36 35 0 31 Dec 22 3 -45 44 0 30 Sep 22 3 -44 45 0 30 Jun 22 3 -45 46 0 31 Mar 22 3 -39 40 0 31 Dec 21 3 -24 25 0 30 Sep 21 2 -18 20 0 30 Jun 21 2 -15 17 0 31 Mar 21 1 -14 14 0 31 Dec 20 1 -18 18 0 30 Sep 20 1 -21 20 0 30 Jun 20 1 -20 19 0 31 Mar 20 2 -19 19 0 31 Dec 19 2 -14 14 0 30 Sep 19 2 -10 11 0 31 Dec 18 1 -5 5 0 31 Dec 17 1 -2 2 0
Quality Earnings: DUG is currently unprofitable.
Growing Profit Margin: DUG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DUG is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.
Accelerating Growth: Unable to compare DUG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DUG is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (18.4%).
Return on Equity
High ROE: DUG has a negative Return on Equity (-36.96%), as it is currently unprofitable.
Return on Capital Employed
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