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Nord Insuretech Group NGM:NORDIG Stock Report

Last Price

kr0.50

Market Cap

kr121.7m

7D

-9.1%

1Y

-11.0%

Updated

18 Apr, 2024

Data

Company Financials

Nord Insuretech Group AB (publ)

NGM:NORDIG Stock Report

Market Cap: kr121.7m

NORDIG Stock Overview

Nord Insuretech Group AB (publ) operates a digital platform that allows users and partners to sell various insurance products in Norway.

NORDIG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Nord Insuretech Group AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nord Insuretech Group
Historical stock prices
Current Share Pricekr0.50
52 Week Highkr1.01
52 Week Lowkr0.40
Beta0.39
1 Month Change-2.34%
3 Month Change-40.90%
1 Year Change-11.03%
3 Year Change22.25%
5 Year Changen/a
Change since IPO-87.80%

Recent News & Updates

Recent updates

Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Sep 06
Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Shareholder Returns

NORDIGSE SoftwareSE Market
7D-9.1%-2.2%-1.7%
1Y-11.0%5.5%8.1%

Return vs Industry: NORDIG underperformed the Swedish Software industry which returned 5.7% over the past year.

Return vs Market: NORDIG underperformed the Swedish Market which returned 8.8% over the past year.

Price Volatility

Is NORDIG's price volatile compared to industry and market?
NORDIG volatility
NORDIG Average Weekly Movement27.1%
Software Industry Average Movement7.7%
Market Average Movement6.0%
10% most volatile stocks in SE Market13.0%
10% least volatile stocks in SE Market3.4%

Stable Share Price: NORDIG's share price has been volatile over the past 3 months.

Volatility Over Time: NORDIG's weekly volatility has increased from 18% to 27% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201618Sofia Nilssonwww.nordinsuretechgroup.se

Nord Insuretech Group AB (publ) operates a digital platform that allows users and partners to sell various insurance products in Norway. Its platform operates as an intermediary that delivers digital and white-label solutions to consumers and businesses. The company was formerly known as Hudya AB (publ) and changed its name to Nord Insuretech Group AB (publ) in January 2021.

Nord Insuretech Group AB (publ) Fundamentals Summary

How do Nord Insuretech Group's earnings and revenue compare to its market cap?
NORDIG fundamental statistics
Market capkr121.68m
Earnings (TTM)-kr8.73m
Revenue (TTM)kr12.41m

9.8x

P/S Ratio

-13.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORDIG income statement (TTM)
Revenuekr12.41m
Cost of Revenuekr9.21m
Gross Profitkr3.20m
Other Expenseskr11.93m
Earnings-kr8.73m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin25.76%
Net Profit Margin-70.38%
Debt/Equity Ratio0%

How did NORDIG perform over the long term?

See historical performance and comparison
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