Readly International AB (publ) operates an application that offers digital subscription services for magazines with content from third-party publishers. More Details
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Readly International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: READ is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: READ's weekly volatility (7%) has been stable over the past year.
7 Day Return
SE Interactive Media and Services
1 Year Return
SE Interactive Media and Services
Return vs Industry: Insufficient data to determine how READ performed against the Swedish Interactive Media and Services industry.
Return vs Market: Insufficient data to determine how READ performed against the Swedish Market.
Long-Term Price Volatility Vs. Market
How volatile is Readly International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Investors Own Most Of Readly International AB (publ) (STO:READ)?
5 months ago | Simply Wall StHow Much Of Readly International AB (publ) (STO:READ) Do Institutions Own?
Is Readly International undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate READ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate READ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: READ is unprofitable, so we can't compare its PE Ratio to the Swedish Interactive Media and Services industry average.
PE vs Market: READ is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate READ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: READ is overvalued based on its PB Ratio (4.6x) compared to the SE Interactive Media and Services industry average (4.1x).
How is Readly International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Readly International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Readly International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: READ is currently unprofitable.
Growing Profit Margin: READ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: READ is unprofitable, and losses have increased over the past 5 years at a rate of 26.3% per year.
Accelerating Growth: Unable to compare READ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: READ is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (13.9%).
Return on Equity
High ROE: READ has a negative Return on Equity (-65.97%), as it is currently unprofitable.
How is Readly International's financial position?
Financial Position Analysis
Short Term Liabilities: READ's short term assets (SEK492.6M) exceed its short term liabilities (SEK181.1M).
Long Term Liabilities: READ's short term assets (SEK492.6M) exceed its long term liabilities (SEK14.9M).
Debt to Equity History and Analysis
Debt Level: READ's debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if READ's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: READ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: READ has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 31.5% each year.
What is Readly International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate READ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate READ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if READ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if READ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of READ's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Maria Hedengren (50 yo)
Ms. Maria Hedengren is Chief Executive Officer at Readly International AB (publ) since April 24, 2019 and serves as its President. She is employed at Readly International since April 2019. She served as th...
Experienced Management: READ's management team is considered experienced (2.1 years average tenure).
Experienced Board: READ's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: READ only recently listed within the past 12 months.
Readly International AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Readly International AB (publ)
- Ticker: READ
- Exchange: OM
- Founded: 2012
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: kr1.634b
- Shares outstanding: 37.23m
- Website: https://se.readly.com
Number of Employees
- Readly International AB (publ)
- Kungsgatan 17
- Stockholm County
- 111 43
Readly International AB (publ) operates an application that offers digital subscription services for magazines with content from third-party publishers. It offers titles from 900 publishers in 17 languages...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 18:42|
|End of Day Share Price||2021/05/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.