New Risk • Jun 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (56% accrual ratio). Minor Risk Significant insider selling over the past 3 months (kr1.2m sold). Recent Insider Transactions • May 06
Independent Chair of the Board recently bought kr346k worth of stock On the 4th of May, Ebba Ljungerud bought around 10k shares on-market at roughly kr34.60 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ebba's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 45% After last week's 45% share price decline to kr38.92, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 20x in the Specialty Retail industry in Sweden. Total returns to shareholders of 722% over the past three years. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: kr5.62 (vs kr2.78 in FY 2024) Full year 2025 results: EPS: kr5.62 (up from kr2.78 in FY 2024). Revenue: kr1.26b (up 16% from FY 2024). Net income: kr168.5m (up 102% from FY 2024). Profit margin: 13% (up from 7.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr65.00, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 21x in the Specialty Retail industry in Sweden. Total returns to shareholders of 889% over the past three years. Announcement • Mar 21
Nelly Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 17, 2026 Nelly Group AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 17, 2026 Announcement • Mar 07
Nelly Group AB (publ) to Report Q3, 2026 Results on Oct 22, 2026 Nelly Group AB (publ) announced that they will report Q3, 2026 results on Oct 22, 2026 Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: kr5.62 (vs kr2.78 in FY 2024) Full year 2025 results: EPS: kr5.62 (up from kr2.78 in FY 2024). Revenue: kr1.26b (up 16% from FY 2024). Net income: kr168.5m (up 102% from FY 2024). Profit margin: 13% (up from 7.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 94% per year, which means it is significantly lagging earnings growth. New Risk • Feb 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (30% accrual ratio). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 42% After last week's 42% share price decline to kr76.90, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 23x in the Specialty Retail industry in Sweden. Total returns to shareholders of 889% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr132, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 23x in the Specialty Retail industry in Sweden. Total returns to shareholders of 1,606% over the past three years. Buy Or Sell Opportunity • Jan 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to kr113. The fair value is estimated to be kr93.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 02
Nelly Group AB (publ)(OM:NELLY) dropped from OMX Nordic Small Cap Index Nelly Group AB (publ) has been removed from OMX Nordic Small Cap Index . Buy Or Sell Opportunity • Dec 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to kr113. The fair value is estimated to be kr93.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Nov 04
Nelly Group AB (publ), Annual General Meeting, May 18, 2026 Nelly Group AB (publ), Annual General Meeting, May 18, 2026. Announcement • Oct 28
Nelly Group AB (publ) to Report Q2, 2026 Results on Jul 15, 2026 Nelly Group AB (publ) announced that they will report Q2, 2026 results on Jul 15, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: kr1.38 (vs kr0.74 in 3Q 2024) Third quarter 2025 results: EPS: kr1.38 (up from kr0.74 in 3Q 2024). Revenue: kr283.7m (up 18% from 3Q 2024). Net income: kr41.5m (up 86% from 3Q 2024). Profit margin: 15% (up from 9.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year whereas the company’s share price has increased by 122% per year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr91.60, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 25x in the Specialty Retail industry in Sweden. Total returns to shareholders of 1,162% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to kr76.90, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 22x in the Specialty Retail industry in Sweden. Total returns to shareholders of 422% over the past three years. New Risk • Jul 16
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 10% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to kr57.30, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 22x in the Specialty Retail industry in Sweden. Total returns to shareholders of 362% over the past three years. Announcement • May 23
Nelly Group AB (publ) Elects Lars Axelsson and Mikaela Willman as New Board Members Nelly Group AB (publ) held its Annual General Meeting on May 23, 2025, elected Lars Axelsson and Mikaela Willman as new Board members. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: kr0.54 (vs kr0.063 loss in 1Q 2024) First quarter 2025 results: EPS: kr0.54 (up from kr0.063 loss in 1Q 2024). Revenue: kr247.8m (up 12% from 1Q 2024). Net income: kr16.3m (up kr18.2m from 1Q 2024). Profit margin: 6.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr37.40, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 20x in the Specialty Retail industry in Sweden. Total returns to shareholders of 84% over the past three years. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: kr2.78 (vs kr0.057 loss in FY 2023) Full year 2024 results: EPS: kr2.78 (up from kr0.057 loss in FY 2023). Revenue: kr1.09b (up 3.2% from FY 2023). Net income: kr83.4m (up kr84.9m from FY 2023). Profit margin: 7.6% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 06
Inaugural dividend of kr0.83 per share Eligible shareholders must have bought the stock before 13 December 2024. Payment date: 19 December 2024. This is the first dividend for Nelly Group since going public. The average dividend yield among industry peers is 3.9%. Announcement • Nov 20
Nelly Group AB (Publ) Proposes A Dividend, Payable on 19 December 2024 Nelly Group AB (publ) has resolved to propose a dividend to the shareholders of SEK 0.83 per ordinary share and will convene an Extraordinary General Meeting for resolution. The Extraordinary General Meeting will be held on 12 December 2024. The Board proposes 16 December 2024 as the record date for the dividend. If the Extraordinary General Meeting resolves in accordance with the proposal, the dividend is expected to be distributed via Euroclear Sweden AB on 19 December 2024. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr0.74 (vs kr0.30 in 3Q 2023) Third quarter 2024 results: EPS: kr0.74 (up from kr0.30 in 3Q 2023). Revenue: kr239.6m (up 1.4% from 3Q 2023). Net income: kr22.3m (up 145% from 3Q 2023). Profit margin: 9.3% (up from 3.8% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Oct 23
Nelly Group AB (publ), Annual General Meeting, May 23, 2025 Nelly Group AB (publ), Annual General Meeting, May 23, 2025. Location: stockholm Sweden Recent Insider Transactions • Sep 26
Chief Operations Officer recently bought kr150k worth of stock On the 20th of September, Stefan Svensson bought around 6k shares on-market at roughly kr25.00 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr270k worth in shares. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr0.89 (vs kr0.17 in 2Q 2023) Second quarter 2024 results: EPS: kr0.89 (up from kr0.17 in 2Q 2023). Revenue: kr314.1m (up 8.8% from 2Q 2023). Net income: kr26.7m (up 493% from 2Q 2023). Profit margin: 8.5% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to kr25.00, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 20x in the Specialty Retail industry in Sweden. Total loss to shareholders of 7.6% over the past three years. Reported Earnings • Apr 28
First quarter 2024 earnings released: kr0.063 loss per share (vs kr1.93 loss in 1Q 2023) First quarter 2024 results: kr0.063 loss per share (improved from kr1.93 loss in 1Q 2023). Revenue: kr222.2m (down 5.1% from 1Q 2023). Net loss: kr1.90m (loss narrowed 95% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: kr0.057 loss per share (vs kr3.98 loss in FY 2022) Full year 2023 results: kr0.057 loss per share (improved from kr3.98 loss in FY 2022). Revenue: kr1.06b (down 18% from FY 2022). Net loss: kr1.50m (loss narrowed 98% from FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 23
Director recently bought kr449k worth of stock On the 19th of February, Daniel Hornqvist bought around 27k shares on-market at roughly kr16.69 per share. This transaction increased Daniel's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.4m more in shares than they have sold in the last 12 months. New Risk • Feb 06
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 8.9% 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 Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (kr476.6m market cap, or US$44.9m). Reported Earnings • Feb 04
Full year 2023 earnings released: kr0.057 loss per share (vs kr3.98 loss in FY 2022) Full year 2023 results: kr0.057 loss per share (improved from kr3.98 loss in FY 2022). Revenue: kr1.06b (down 18% from FY 2022). Net loss: kr1.50m (loss narrowed 98% from FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: kr0.30 (vs kr0.88 loss in 3Q 2022) Third quarter 2023 results: EPS: kr0.30 (up from kr0.88 loss in 3Q 2022). Revenue: kr236.4m (down 17% from 3Q 2022). Net income: kr9.10m (up kr25.0m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Sep 29
Nelly Group AB (publ) Announces the Appointment of Helena Karlinder-Östlundh as CEO The Board of Directors of Nelly Group AB (publ) announced the appointment of Helena Karlinder-Östlundh as permanent CEO. She has been acting CEO since 16 January 2023 and will assume her permanent role immediately. Helena Karlinder-Östlundh has worked with human resources and organisational development since 2005, including as a consultant at McKinsey & Company in the UK and as Chief People Officer at MECCA Brands in Australia. Helena has been acting CEO of Nelly during the period 13 June to 21 August 2022 and since 16 January 2023. She holds a Master of Science in organisational psychology from the London School of Economics and Political Science. Recent Insider Transactions • Sep 22
Interim Chief Financial Officer recently bought kr966k worth of stock On the 20th of September, Ola Wahlström bought around 76k shares on-market at roughly kr12.71 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Ola's only on-market trade for the last 12 months. Announcement • Sep 16
Nelly Group AB (Publ) Announces CFO Changes Nelly Group AB (publ) appointed Niklas Lingblom as CFO as of January 2024 at the latest. Once he starts, he will succeed Ola Wahlström who has served as interim CFO for the company since the 1st of November 2022. Niklas Lingblom most recently held the position of CFO at Inet AB. Prior to that, he worked in several roles including Finance Manager at PowerCell Sweden AB, Financial Controller at Exertis CapTech AB, and Senior Auditor at EY. Niklas has a degree from the Gothenburg School of Business, Economics and Law. Niklas will assume his new position latest in January 2024 and Ola Wahlström will continue to work alongside him during the first quarter of 2024 to complete the handover. Recent Insider Transactions • Sep 13
Director recently bought kr145k worth of stock On the 8th of September, Daniel Hornqvist bought around 12k shares on-market at roughly kr12.35 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth kr445k. Insiders have collectively bought kr691k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 05
Chief People recently bought kr101k worth of stock On the 1st of September, Helena Karlinder-Ostlundh bought around 10k shares on-market at roughly kr10.08 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Helena's only on-market trade for the last 12 months. Announcement • Jul 21
Nelly Group AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024 Nelly Group AB (publ) announced that they will report fiscal year 2023 results on Feb 02, 2024 Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: kr0.17 (vs kr1.08 loss in 2Q 2022) Second quarter 2023 results: EPS: kr0.17 (up from kr1.08 loss in 2Q 2022). Revenue: kr288.6m (down 15% from 2Q 2022). Net income: kr4.50m (up kr23.9m from 2Q 2022). Profit margin: 1.6% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Announcement • Jun 01
Nelly Group AB (Publ) Approves Executive Changes Nelly Group AB (publ) at the AGM, the shareholders approved to elect Ebba Ljungerud, Axel Medefelt and Lennart Sparud as new members of the Board. Ebba Ljungerud was elected as new Chair of the Board. Reported Earnings • Apr 30
First quarter 2023 earnings released: kr1.93 loss per share (vs kr1.58 loss in 1Q 2022) First quarter 2023 results: kr1.93 loss per share (further deteriorated from kr1.58 loss in 1Q 2022). Revenue: kr234.2m (down 19% from 1Q 2022). Net loss: kr34.8m (loss widened 22% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 05
Full year 2022 earnings released: kr3.98 loss per share (vs kr2.65 loss in FY 2021) Full year 2022 results: kr3.98 loss per share (further deteriorated from kr2.65 loss in FY 2021). Revenue: kr1.30b (down 9.1% from FY 2021). Net loss: kr71.7m (loss widened 50% from FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Announcement • Jan 13
Nelly Group AB (Publ) Announces CEO Changes Nelly Group AB (publ) announced that Ludvig Anderberg has informed the Board that he intends to leave his position as CEO of Nelly. The Board has decided to appoint Helena Karlinder-Östlundh, Chief Transformation & People Officer at Nelly, as acting CEO with effect from 16 January 2023. Helena Karlinder-Östlundh has worked with human resources and organisational development since 2005, first as a consultant at McKinsey & Company and thereafter as Chief People Officer at MECCA Brands in Australia. Helena was acting CEO of Nelly during the period 13 June - 21 August 2022. She holds a Master of Science in organisational psychology from the London School of Economics and Political Science. Ludvig Anderberg will be at the disposal of the Board during his notice period. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Josephine Salenstedt 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. Reported Earnings • Oct 26
Third quarter 2022 earnings released: kr0.88 loss per share (vs kr1.63 loss in 3Q 2021) Third quarter 2022 results: kr0.88 loss per share (improved from kr1.63 loss in 3Q 2021). Revenue: kr284.3m (down 9.1% from 3Q 2021). Net loss: kr15.9m (loss narrowed 46% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Breakeven Date Change • Aug 31
Forecast to breakeven in 2023 The analyst covering Nelly Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr4.84m in 2023. Average annual earnings growth of 107% is required to achieve expected profit on schedule. Major Estimate Revision • Jul 28
Consensus EPS estimates fall by 88% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from kr1.32b to kr1.31b. Losses expected to increase from kr1.44 per share to kr2.71. Online Retail industry in Sweden expected to see average net income growth of 18% next year. Consensus price target of kr20.00 unchanged from last update. Share price rose 8.4% to kr17.00 over the past week. Reported Earnings • Jul 16
Second quarter 2022 earnings released: kr1.08 loss per share (vs kr0.42 profit in 2Q 2021) Second quarter 2022 results: kr1.08 loss per share (down from kr0.42 profit in 2Q 2021). Revenue: kr339.4m (down 14% from 2Q 2021). Net loss: kr19.4m (down 359% from profit in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Jun 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Josephine Salenstedt 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. Breakeven Date Change • May 05
Forecast to breakeven in 2022 The analyst covering Nelly Group expects the company to break even for the first time. New forecast suggests the company will make a profit of kr16.3m in 2022. Earnings growth of 91% is required to achieve expected profit on schedule. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: kr1.58 loss per share (down from kr0.97 loss in 1Q 2021). Revenue: kr288.1m (down 7.6% from 1Q 2021). Net loss: kr28.5m (loss widened 63% from 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 10.0%, compared to a 21% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. 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. 1 experienced director. No highly experienced directors. Independent Director Christoffer Haggblom is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: kr2.65 loss per share (up from kr4.44 loss in FY 2020). Revenue: kr1.43b (up 2.5% from FY 2020). Net loss: kr47.8m (loss narrowed 33% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 6.5%, compared to a 22% growth forecast for the retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 05
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: kr2.66 loss per share (up from kr4.44 loss in FY 2020). Revenue: kr1.43b (up 2.5% from FY 2020). Net loss: kr47.8m (loss narrowed 33% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 4.1%, compared to a 30% growth forecast for the retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 21
Third quarter 2021 earnings released The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: kr312.6m (down 32% from 3Q 2020). Net loss: kr29.4m (loss widened kr27.5m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.