Reported Earnings • Apr 30
Full year 2025 earnings released: kr4.33 loss per share (vs kr0.22 loss in FY 2024) Full year 2025 results: kr4.33 loss per share (further deteriorated from kr0.22 loss in FY 2024). Revenue: kr222.6m (down 18% from FY 2024). Net loss: kr34.0m (loss widened kr32.3m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • Apr 17
Nepa AB (publ), Annual General Meeting, May 21, 2026 Nepa AB (publ), Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time. Location: usine conference, sodermalmsallen 36-38, stockholm Sweden Reported Earnings • Feb 22
Full year 2025 earnings released: kr4.33 loss per share (vs kr0.22 loss in FY 2024) Full year 2025 results: kr4.33 loss per share (further deteriorated from kr0.22 loss in FY 2024). Revenue: kr222.6m (down 18% from FY 2024). Net loss: kr34.0m (loss widened kr32.3m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. New Risk • Feb 20
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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (kr154.1m market cap, or US$17.0m). Reported Earnings • Oct 26
Third quarter 2025 earnings released: kr0.68 loss per share (vs kr0.28 loss in 3Q 2024) Third quarter 2025 results: kr0.68 loss per share (further deteriorated from kr0.28 loss in 3Q 2024). Revenue: kr48.9m (down 19% from 3Q 2024). Net loss: kr5.34m (loss widened 146% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2025 earnings released: kr2.03 loss per share (vs kr0.16 profit in 2Q 2024) Second quarter 2025 results: kr2.03 loss per share (down from kr0.16 profit in 2Q 2024). Revenue: kr55.6m (down 21% from 2Q 2024). Net loss: kr16.0m (down kr17.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 17
Upcoming dividend of kr1.23 per share Eligible shareholders must have bought the stock before 24 June 2025. Payment date: 30 June 2025. The company is not currently making a profit and its cash payout ratio is 96%. Trailing yield: 6.6%. Within top quartile of Swedish dividend payers (3.9%). Higher than average of industry peers (4.2%). Announcement • Jun 12
Nepa AB (publ) announces Annual dividend, payable on June 30, 2025 Nepa AB (publ) announced Annual dividend of SEK 1.2300 per share payable on June 30, 2025, ex-date on June 24, 2025 and record date on June 25, 2025. Announcement • May 29
Nepa AB (publ) Announces Filip Tottie to Step Down as Chief Financial Officer, Effective July 11, 2025 Nepa AB (publ) announced Filip Tottie, who was recently appointed as Chief Financial Officer (CFO), will step down from his position. His last working day will be July 11, 2025. Reported Earnings • May 10
First quarter 2025 earnings released: kr1.90 loss per share (vs kr0.072 loss in 1Q 2024) First quarter 2025 results: kr1.90 loss per share (further deteriorated from kr0.072 loss in 1Q 2024). Revenue: kr60.1m (down 14% from 1Q 2024). Net loss: kr14.9m (loss widened kr14.4m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Mar 18
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to kr22.80. The fair value is estimated to be kr18.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 23
Full year 2024 earnings released: kr0.27 loss per share (vs kr1.83 loss in FY 2023) Full year 2024 results: kr0.27 loss per share (improved from kr1.83 loss in FY 2023). Revenue: kr277.1m (down 12% from FY 2023). Net loss: kr2.09m (loss narrowed 86% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Feb 22
Nepa AB (publ), Annual General Meeting, Jun 16, 2025 Nepa AB (publ), Annual General Meeting, Jun 16, 2025. Buy Or Sell Opportunity • Feb 05
Now 20% undervalued Over the last 90 days, the stock has risen 13% to kr21.10. The fair value is estimated to be kr26.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • Jan 21
Nepa Appoints Filip Tottie as New Chief Financial Officer, Effective January 27, 2025 Nepa AB (publ) announced the appointment of Filip Tottie as the new Chief Financial Officer (CFO) and a member of the Group management team. Filip will assume his new role on January 27, 2025. Filip Tottie brings over 20 years of experience in financial roles, primarily within the technology and media industries. He was most recently the CFO of Scrive and previously held the CFO position at Mynewsdesk and in several Schibsted Media Group's businesses. Announcement • Dec 18
Nepa AB (publ) to Report Nine Months, 2025 Results on Oct 24, 2025 Nepa AB (publ) announced that they will report nine months, 2025 results on Oct 24, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: kr0.28 loss per share (further deteriorated from kr0.084 loss in 3Q 2023). Revenue: kr62.0m (down 17% from 3Q 2023). Net loss: kr2.17m (loss widened 228% from 3Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Media industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Oct 24
Nepa AB Appoints Jakob Kofoed as Chief Technology Officer and New Member of the Group Management Team, Effective December Nepa AB appointed Jakob Kofoed as Chief Technology Officer (CTO) and new member of the Group Management team. With over two decades of experience in the marketing analytics field, Jakob brings extensive expertise and business acumen in building and enhancing tech operations. He will be strategically responsible for Nepa's technology, with a clear focus on supporting the company's product development and continuing to build a scalable and efficient tech platform. Most recently, Jakob served as Global CTO at Acceleration, a data and technology consultancy operated by the media company GroupM. In this role, Jakob was responsible for the development of the global product strategy. Prior to this, Jakob was the CEO of Business Science, a data and analytics consultancy in GroupM, and the Global CTO of Data2Decisions, where he led the development of scalable software solutions for marketing optimization. Jakob will officially assume his role in December. Announcement • Oct 15
Sonja Thorngren to Step Down as CFO of Nepa AB (Publ) Nepa AB (publ) announced that Sonja Thorngren has decided to leave her position as Chief Financial Officer (CFO) of the company for new opportunities outside the company. Sonja has been the CFO since February 2023 and will remain in her role until mid-January 2025. Nepa initiated the process to appoint a new CFO. Buy Or Sell Opportunity • Oct 11
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to kr19.95. The fair value is estimated to be kr26.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Sep 18
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 9.7% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (kr141.5m market cap, or US$13.9m). Buy Or Sell Opportunity • Sep 18
Now 33% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to kr18.00. The fair value is estimated to be kr26.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 18
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: kr0.16 (up from kr1.14 loss in 2Q 2023). Revenue: kr71.5m (down 11% from 2Q 2023). Net income: kr1.27m (up kr10.2m from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Media industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Declared Dividend • May 31
Dividend of kr1.23 announced Shareholders will receive a dividend of kr1.23. Ex-date: 3rd June 2024 Payment date: 10th June 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 2 years ago. However, payments have been volatile during that time. Upcoming Dividend • May 27
Upcoming dividend of kr1.23 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 10 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Swedish dividend payers (4.1%). Higher than average of industry peers (3.7%). Reported Earnings • May 08
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: kr0.072 loss per share (improved from kr0.57 loss in 1Q 2023). Revenue: kr71.7m (down 9.7% from 1Q 2023). Net loss: kr565.0k (loss narrowed 87% from 1Q 2023). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Media industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Apr 10
Nepa Appoints Sara Davidsson Nyman as Chief Revenue Officer and Member of the Group Management Team Nepa appoints Sara Davidsson Nyman as Chief Revenue Officer (CRO) and new member of the Group Management team. Sara brings extensive experience from sales leadership roles in SaaS and market research companies, most recently from Questback and Meltwater. She will be responsible for driving the company's organic growth and continue to build on the global sales organization. Sara joins most recently from Questback, a solution provider for employee and customer feedback, where she was responsible for the European expansion in the role as CRO. Prior to Questback, Sara worked 11 years at Meltwater where she led the expansion into France and EMEA as Managing Director and later Head of Enterprise Relations. She holds a MSc degree in Political Science from Lund University. Sara will assume her new role in mid-May. She will be based in the Stockholm office and reportdirectly to CEO Anders Dahl. Buy Or Sell Opportunity • Mar 22
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at kr30.00. The fair value is estimated to be kr24.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: kr1.83 loss per share (down from kr2.22 profit in FY 2022). Revenue: kr321.1m (down 5.3% from FY 2022). Net loss: kr14.4m (down 182% from profit in FY 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 66%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Media industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 60% 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. Announcement • Mar 15
Nepa AB (publ) Approves Changes to the Board of Directors Nepa AB (publ) at the EGM held on 15 March 2024, approved the dismissal of Adam Lytle, Carl-Fredrik Meijer and Fredrik Beltzér, to elect Eric Gustavsson, Fredrik Lundqvist and Ashkan Senobari as new board members. The board of the company will thus consist of Ulrich Boyer, Dan Foreman, Eric Gustavsson, Fredrik Lundqvist and Ashkan Senobari, with Dan Foreman as the board’s chairperson, for the time until the end of the next annual general meeting. Announcement • Jan 09
Nepa AB (publ) Announces Composition of Nomination Committee Nepa AB (publ) announced that Nomination Committee for Nepa's 2024 Annual General Meeting has been appointed in accordance with the established principles for the appointment of the nomination committee. The Nomination Committee is comprised of: Ulrich Boyer, representing himself; Marcus Wahlberg, representing Elementa Management; Björn Nordenborg, representing himself and Dan Foreman, Chairman of the Board of Nepa AB. Dan Foreman has been appointed Chairman of the Nomination Committee. Reported Earnings • Nov 19
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: kr0.084 loss per share (down from kr0.69 profit in 3Q 2022). Revenue: kr76.5m (up 1.5% from 3Q 2022). Net loss: kr663.0k (down 112% from profit in 3Q 2022). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 60%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Media industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Sep 19
Nepa AB (Publ) Approves Extra Distribution of Profit Nepa AB (publ) announced that the EGM resolved on 18 September 2023, in accordance with the main shareholders Elementa Management AB and Ulrich Boyer's proposal, that an extra distribution of profit of SEK 0.67 per share shall be distributed and that the record date for receiving the extra distribution shall be 20 September, 2023. Upcoming Dividend • Sep 12
Upcoming dividend of kr0.67 per share at 2.8% yield Eligible shareholders must have bought the stock before 19 September 2023. Payment date: 25 September 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Swedish dividend payers (5.3%). Lower than average of industry peers (4.4%). Reported Earnings • Aug 20
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: kr1.14 loss per share (down from kr1.14 profit in 2Q 2022). Revenue: kr80.8m (down 13% from 2Q 2022). Net loss: kr8.96m (down 200% from profit in 2Q 2022). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Media industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Aug 19
Nepa AB (publ) Appoints Anders Dahl as Interim Chief Operating Officer, Effective August 21, 2023 Nepa AB (publ) announced that it appoints Anders Dahl as interim Chief Operating Officer (COO). Anders will in the near future be responsible for driving operational efficiency forward. Anders has for the last 14 years held key executive and advisory roles in various B2B and B2C companies based in the United States. Before that he spent over ten years in both permanent and interim executive positions in the Nordic media market, working for and with large media groups. Anders will assume his new role on August 21st and report directly to interim CEO Ferry Wolswinkel. Board Change • Jul 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder & Executive Director Ulrich Boyer is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Jun 11
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 189% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 189% Paying a dividend despite having no free cash flows. High level of non-cash earnings (67% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (kr163.6m market cap, or US$15.1m). Upcoming Dividend • Jun 05
Upcoming dividend of kr0.56 per share at 2.7% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 16 June 2023. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Swedish dividend payers (5.4%). Lower than average of industry peers (4.5%). Announcement • Jun 02
Nepa AB (publ) Appoints Ferry Wolswinkel to Interim Ceo, Effective Immediately Nepa AB (publ) announced that following the announcement on May 29th, 2023, regarding the activated search for a permanent CEO, Nepa now appoints Chief Revenue Officer (CRO) Ferry Wolswinkel to interim CEO, effective immediately. Ulrich Boyer steps down as CEO and intends to continue to contribute to the company’s development as a member of the board. The activated search process to find a permanent CEO continues. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr23.30, the stock trades at a forward P/E ratio of 73x. Average forward P/E is 10x in the Media industry in Europe. Total loss to shareholders of 28% over the past three years. Reported Earnings • May 21
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: kr0.57 loss per share (down from kr1.00 profit in 1Q 2022). Revenue: kr80.4m (down 7.4% from 1Q 2022). Net loss: kr4.47m (down 157% from profit in 1Q 2022). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to kr22.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Media industry in Europe. Total returns to shareholders of 3.7% over the past three years. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: kr2.22 (vs kr4.91 in FY 2021) Full year 2022 results: EPS: kr2.22 (down from kr4.91 in FY 2021). Revenue: kr346.0m (up 13% from FY 2021). Net income: kr17.5m (down 55% from FY 2021). Profit margin: 5.1% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in Sweden. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to kr26.50, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Media industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr40.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Media industry in Europe. Total returns to shareholders of 40% over the past three years. Announcement • Dec 13
Nepa AB (Publ) Announces Nomination Committee Changes Nepa AB (publ) announced that The Nomination Committee has appointed Jan Andersson to Chairman of the Nomination Committee. Marcus Wahlberg has chosen to resign from the Nomination Committee. The Nomination Committee now comprises: Ulrich Boyer, representing himself, Jan Andersson, representing Swedbank Robur Niclas Öhman, representing P-O Westerlund, private investor with companies and Katarina Bonde, Chairman of the Board. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: kr0.69 (vs kr1.29 in 3Q 2021) Third quarter 2022 results: EPS: kr0.69 (down from kr1.29 in 3Q 2021). Revenue: kr77.7m (up 10% from 3Q 2021). Net income: kr5.47m (down 46% from 3Q 2021). Profit margin: 7.0% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 29% share price decline to kr38.60, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 24x in the Media industry in Sweden. Total returns to shareholders of 19% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Andreas Bruzelius is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Nov 11
Nepa AB (publ) Appoints Sonja Thorngren as Chief Financial Officer Nepa AB (publ) recruits Sonja Thorngren as new Chief Financial Officer after Ann-Christine Fick who on her own request has decided to leave the company. Sonja most recently held the position as CFO and deputy CEO at ChargePanel AB (publ), listed on Nasdaq First North Stockholm. She has over 15 years of financial experience from both international and privately held Swedish companies such as Elite Hotels, Whirlpool, and Hilton Sonja will assume her new role on February 6th, 2023, when she also joins the Group Management team. She will be based at Nepa’s Stockholm office and report directly to CEO Ulrich Boyer. Current Head of Accounting, Elin Nordholm, will assume the role as deputy CFO after Ann-Christine Fick’s departure until Sonja takes office. Announcement • Nov 04
Nepa AB (Publ) Appoints Marcus Wahlberg and Jan Andersson to Nomination Committee Nepa AB (publ) announced the Nomination Committee for Nepa’s 2023 Annual General Meeting has been appointed in accordance with the instructions for the Nomination Committee as decided by the 2022 Annual General Meeting. The Nomination Committee is comprised of: Marcus Wahlberg, representing Elementa; and Jan Andersson, representing Swedbank Robur. Announcement • Sep 29
Nepa AB Announces Termination of Ann-Christine Fick as CFO Ann-Christine Fick has on her own request, after approximately six years at the company, decided to terminate her employment at Nepa AB where she has held the position as CFO since February 2020. The process of finding a replacement has begun, and Ann-Christine Fick will remain as the company's CFO until mid-December. Announcement • Aug 17
Nepa AB (Publ) Appoints Ferry Wolswinkel as Chief Revenue Officer Effective October 3, 2022 Nepa AB (publ) appointed Ferry Wolswinknkel as Chief Revenue Officer (CRO) and new member of the Group Management team. He will be responsible for accelerating the company's growth, including the global sales and marketing organization, developing its revenue streams and optimizing sales growth in select markets and product categories. Ferry has extensive experience from global sales roles in tech and consumer insight companies, most recently as Vice President Sales for the London -based consumer intelligence company Streetbees. Ferry will assume his new role on October 3, 2022. He will be based at Nepa's London office and report directly to CEO Ulrich Boyer. Reported Earnings • Apr 27
Third quarter 2021 earnings released: EPS: kr1.29 (vs kr0.72 in 3Q 2020) Third quarter 2021 results: EPS: kr1.29 (up from kr0.72 in 3Q 2020). Revenue: kr70.6m (up 21% from 3Q 2020). Net income: kr10.2m (up 80% from 3Q 2020). Profit margin: 14% (up from 9.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 1 highly experienced director. Independent Director Per-Ola Westerlund is the most experienced director on the board, commencing their role in 2011. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 16% share price gain to kr81.20, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 48x in the Media industry in Sweden. Total returns to shareholders of 29% over the past three years. Board Change • Sep 21
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. 1 highly experienced director. Independent Director Per-Ola Westerlund is the most experienced director on the board, commencing their role in 2011. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improved over the past week After last week's 43% share price gain to kr98.00, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 28x in the IT industry in Sweden. Total returns to shareholders of 40% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day low: kr34.50 The company is down 18% from its price of kr42.10 on 27 November 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day low: kr36.10 The company is down 16% from its price of kr43.00 on 22 October 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: kr41.60 The company is down 14% from its price of kr48.10 on 04 September 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period.