Reported Earnings • Nov 08
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr82.7m (up 18% from 3Q 2023). Net income: kr5.25m (up 241% from 3Q 2023). Profit margin: 6.4% (up from 2.2% in 3Q 2023). Reported Earnings • Sep 01
Second quarter 2024 earnings released: kr0.32 loss per share (vs kr0.41 loss in 2Q 2023) Second quarter 2024 results: kr0.32 loss per share (improved from kr0.41 loss in 2Q 2023). Revenue: kr65.6m (up 17% from 2Q 2023). Net loss: kr7.00m (loss narrowed 23% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Aug 08
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 8.8% 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 Market cap is less than US$10m (kr34.9m market cap, or US$3.32m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • May 08
First quarter 2024 earnings released: kr0.35 loss per share (vs kr0.59 profit in 1Q 2023) First quarter 2024 results: kr0.35 loss per share (down from kr0.59 profit in 1Q 2023). Revenue: kr65.9m (down 4.1% from 1Q 2023). Net loss: kr7.72m (down 160% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Feb 18
Full year 2023 earnings released: kr0.96 loss per share (vs kr0.58 profit in FY 2022) Full year 2023 results: kr0.96 loss per share (down from kr0.58 profit in FY 2022). Revenue: kr240.1m (up 1.2% from FY 2022). Net loss: kr21.0m (down 265% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jan 29
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 9.1% 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 Market cap is less than US$10m (kr36.8m market cap, or US$3.51m). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.01% net profit margin). Reported Earnings • Dec 02
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr70.7m (down 41% from 3Q 2022). Net income: kr1.54m (down 96% from 3Q 2022). Profit margin: 2.2% (down from 31% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: kr0.58 (vs kr0.86 in FY 2021) Full year 2022 results: EPS: kr0.58 (down from kr0.86 in FY 2021). Revenue: kr240.6m (up 53% from FY 2021). Net income: kr12.8m (down 32% from FY 2021). Profit margin: 5.3% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Board Member Lill-Projsan Nilsson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 08
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr120.9m (up 79% from 3Q 2021). Net income: kr37.3m (up 55% from 3Q 2021). Profit margin: 31% (down from 36% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 27
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr53.4m (up 140% from 2Q 2021). Net loss: kr4.96m (loss widened 72% from 2Q 2021). Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Board Member Lill-Projsan Nilsson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.86 (up from kr0.81 loss in FY 2020). Revenue: kr176.4m (up 66% from FY 2020). Net income: kr18.8m (up kr36.4m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr68.4m (up 153% from 3Q 2020). Net income: kr24.1m (up kr31.1m from 3Q 2020). Profit margin: 35% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 17% per year. Reported Earnings • Aug 29
Second quarter 2021 earnings released The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr29.7m (up 40% from 2Q 2020). Net loss: kr2.88m (down 186% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • May 10
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses and improved control over expenses, although revenues were flat. First quarter 2021 results: Revenue: kr23.4m (flat on 1Q 2020). Net loss: kr7.95m (loss narrowed 58% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 21
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr127.6m (down 31% from FY 2019). Net loss: kr17.6m (down kr18.0m from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 22
New 90-day low: kr1.49 The company is down 15% from its price of kr1.75 on 23 September 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: kr1.51 The company is down 11% from its price of kr1.69 on 27 August 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 1.0% over the same period. Reported Earnings • Nov 09
Third quarter 2020 earnings released: kr0.32 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: kr29.8m (down 59% from 3Q 2019). Net loss: kr7.07m (down 160% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 29
New 90-day low: kr1.56 The company is down 6.0% from its price of kr1.66 on 31 July 2020. The Swedish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 27% over the same period. Is New 90 Day High Low • Oct 01
New 90-day high: kr1.83 The company is up 11% from its price of kr1.65 on 02 July 2020. The Swedish market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Entertainment industry, which is up 30% over the same period.