Announcement • 2h
Waystream Holding AB (publ) to Report Q2, 2026 Results on Jul 01, 2027 Waystream Holding AB (publ) announced that they will report Q2, 2026 results at 9:00 AM, Central European Standard Time on Jul 01, 2027 Reported Earnings • Jul 09
Second quarter 2026 earnings: Revenues exceed analyst expectations Second quarter 2026 results: Revenue: kr41.4m (up 5.9% from 2Q 2025). Net loss: kr1.24m (down 139% from profit in 2Q 2025). Revenue exceeded analyst estimates by 1.8%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 06
Chief Executive Officer recently bought kr253k worth of stock On the 30th of April, Fredrik Lundberg bought around 6k shares on-market at roughly kr41.40 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr637k worth in shares. Major Estimate Revision • May 02
Consensus revenue estimates increase by 14% The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from kr145.0m to kr165.0m. EPS estimate unchanged from kr1.20 at last update. Communications industry in Sweden expected to see average net income growth of 49% next year. Consensus price target of kr57.25 unchanged from last update. Share price was steady at kr40.90 over the past week. Announcement • Apr 26
Waystream Holding AB (publ) to Report Q1, 2027 Results on Apr 15, 2027 Waystream Holding AB (publ) announced that they will report Q1, 2027 results on Apr 15, 2027 Price Target Changed • Apr 21
Price target increased by 10% to kr44.00 Up from kr40.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of kr39.90. Stock is up 55% over the past year. The company is forecast to post earnings per share of kr1.29 for next year compared to kr1.32 last year. Reported Earnings • Apr 17
First quarter 2026 earnings: Revenues miss analyst expectations First quarter 2026 results: Revenue: kr36.2m (down 14% from 1Q 2025). Net loss: kr165.0k (down 104% from profit in 1Q 2025). Revenue missed analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the Communications industry in Sweden are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • Apr 16
New major risk - Revenue and earnings growth Earnings have declined by 44% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr336.3m market cap, or US$36.6m). Announcement • Apr 15
Waystream Holding AB (publ) to Report Fiscal Year 2026 Results on Feb 18, 2027 Waystream Holding AB (publ) announced that they will report fiscal year 2026 results on Feb 18, 2027 Major Estimate Revision • Apr 12
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from kr159.2m to kr154.2m. EPS estimate also fell from kr2.50 per share to kr2.01 per share. Net income forecast to grow 65% next year vs 46% growth forecast for Communications industry in Sweden. Consensus price target of kr41.00 unchanged from last update. Share price was steady at kr41.70 over the past week. Reported Earnings • Feb 21
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: kr1.28 (up from kr1.46 loss in FY 2024). Revenue: kr152.4m (up 21% from FY 2024). Net income: kr10.3m (up kr22.1m from FY 2024). Profit margin: 6.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, while revenues in the Communications industry in Sweden are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Dec 10
Waystream Holding AB (publ), Annual General Meeting, Apr 22, 2026 Waystream Holding AB (publ), Annual General Meeting, Apr 22, 2026. Major Estimate Revision • Oct 23
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr141.3m to kr137.2m. EPS estimate also fell from kr1.94 per share to kr1.69 per share. Net income forecast to grow 3,426% next year vs 419% growth forecast for Communications industry in Sweden. Consensus price target up from kr37.20 to kr39.50. Share price was steady at kr35.00 over the past week. Recent Insider Transactions • Oct 23
Chief Executive Officer recently bought kr102k worth of stock On the 16th of October, Fredrik Lundberg bought around 3k shares on-market at roughly kr37.80 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr2.8m. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr492k worth in shares. Reported Earnings • Oct 17
Third quarter 2025 earnings: Revenues miss analyst expectations Third quarter 2025 results: Revenue: kr33.6m (up 21% from 3Q 2024). Net income: kr2.17m (up kr4.43m from 3Q 2024). Profit margin: 6.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • Oct 17
Waystream Holding AB (publ) to Report Q3, 2026 Results on Oct 15, 2026 Waystream Holding AB (publ) announced that they will report Q3, 2026 results on Oct 15, 2026 Price Target Changed • Oct 16
Price target increased by 7.7% to kr38.50 Up from kr35.75, the current price target is an average from 2 analysts. New target price is 7.8% above last closing price of kr35.70. Stock is up 90% over the past year. The company is forecast to post earnings per share of kr1.97 next year compared to a net loss per share of kr1.46 last year. Announcement • Oct 03
Waystream Holding AB (publ) to Report Q2, 2026 Results on Jul 09, 2026 Waystream Holding AB (publ) announced that they will report Q2, 2026 results on Jul 09, 2026 Recent Insider Transactions • Aug 01
CFO & Deputy CEO recently bought kr2.8m worth of stock On the 30th of July, Susanne Torrbacka bought around 68k shares on-market at roughly kr40.71 per share. This transaction increased Susanne's direct individual holding by 30x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Susanne's only on-market trade for the last 12 months. Recent Insider Transactions • Jul 17
Chief Executive Officer recently bought kr283k worth of stock On the 14th of July, Fredrik Lundberg bought around 8k shares on-market at roughly kr37.36 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr390k worth in shares. Buy Or Sell Opportunity • Jul 16
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to kr41.70. The fair value is estimated to be kr33.95, however this is not to be taken as a sell 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. Price Target Changed • Jul 14
Price target increased by 7.7% to kr38.50 Up from kr35.75, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of kr38.30. Stock is up 62% over the past year. The company is forecast to post earnings per share of kr1.94 next year compared to a net loss per share of kr1.46 last year. Price Target Changed • Jul 11
Price target increased by 8.0% to kr37.00 Up from kr34.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of kr37.40. Stock is up 53% over the past year. The company is forecast to post earnings per share of kr2.58 next year compared to a net loss per share of kr1.46 last year. New Risk • Jun 24
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr297.8m market cap, or US$31.2m). Buy Or Sell Opportunity • Jun 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to kr35.90. The fair value is estimated to be kr29.64, however this is not to be taken as a sell 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. Price Target Changed • May 19
Price target increased by 9.3% to kr34.25 Up from kr31.33, the current price target is an average from 2 analysts. New target price is 25% above last closing price of kr27.50. Stock is up 29% over the past year. The company is forecast to post earnings per share of kr2.28 next year compared to a net loss per share of kr1.46 last year. Recent Insider Transactions • May 08
Chief Executive Officer recently bought kr107k worth of stock On the 5th of May, Fredrik Lundberg bought around 4k shares on-market at roughly kr27.05 per share. This transaction amounted to 2.0% 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 Fredrik's only on-market trade for the last 12 months. Reported Earnings • Apr 25
First quarter 2025 earnings: Revenues exceed analyst expectations First quarter 2025 results: Revenue: kr42.1m (up 10% from 1Q 2024). Net income: kr4.04m (up kr5.75m from 1Q 2024). Profit margin: 9.6% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 34%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. New Risk • Mar 25
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 8.7% 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (kr196.1m market cap, or US$19.5m). Announcement • Mar 25
Waystream Holding AB (publ) to Report Q3, 2025 Results on Oct 16, 2025 Waystream Holding AB (publ) announced that they will report Q3, 2025 results on Oct 16, 2025 Reported Earnings • Feb 26
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: kr1.46 loss per share (further deteriorated from kr0.60 loss in FY 2023). Revenue: kr126.3m (up 14% from FY 2023). Net loss: kr11.8m (loss widened 145% from FY 2023). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) also missed analyst estimates by 142%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Price Target Changed • Jan 28
Price target decreased by 16% to kr32.00 Down from kr38.00, the current price target is an average from 3 analysts. New target price is 109% above last closing price of kr15.32. Stock is down 41% over the past year. The company is forecast to post a net loss per share of kr0.47 next year compared to a net loss per share of kr0.60 last year. Announcement • Dec 06
Waystream Holding AB (publ), Annual General Meeting, Apr 30, 2025 Waystream Holding AB (publ), Annual General Meeting, Apr 30, 2025. Reported Earnings • Nov 22
Third quarter 2024 earnings: Revenues miss analyst expectations Third quarter 2024 results: Revenue: kr27.9m (down 5.9% from 3Q 2023). Net loss: kr2.26m (down 401% from profit in 3Q 2023). Revenue missed analyst estimates by 21%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. New Risk • Nov 21
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 8.1% 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: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (kr128.5m market cap, or US$11.6m). Reported Earnings • Aug 18
Second quarter 2024 earnings: Revenues exceed analyst expectations Second quarter 2024 results: Revenue: kr36.2m (up 32% from 2Q 2023). Net income: kr1.04m (up kr2.88m from 2Q 2023). Profit margin: 2.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 25%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 20
First quarter 2024 earnings: Revenues exceed analyst expectations First quarter 2024 results: Revenue: kr38.2m (up 16% from 1Q 2023). Net loss: kr1.72m (down kr2.01m from profit in 1Q 2023). Revenue exceeded analyst estimates by 62%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 21
Chief Executive Officer recently bought kr89k worth of stock On the 16th of February, Fredrik Lundberg bought around 4k shares on-market at roughly kr21.18 per share. This transaction amounted to 2.2% 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 Fredrik's only on-market trade for the last 12 months. Reported Earnings • Feb 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: kr0.60 loss per share (down from kr2.55 profit in FY 2022). Revenue: kr111.2m (down 25% from FY 2022). Net loss: kr4.81m (down 123% from profit in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Feb 16
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). Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (kr156.6m market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr26.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Communications industry in Sweden. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr29.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to kr21.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Communications industry in Europe. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr12.18 per share. Major Estimate Revision • Oct 26
Consensus revenue estimates fall by 20% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr140.0m to kr112.0m. EPS estimate fell from kr1.47 to kr0.30 per share. Net income forecast to grow 193% next year vs 7.9% decline forecast for Communications industry in Sweden. Consensus price target down from kr64.50 to kr58.50. Share price fell 22% to kr16.68 over the past week. Reported Earnings • Oct 22
Third quarter 2023 earnings: Revenues miss analyst expectations Third quarter 2023 results: Revenue: kr29.6m (down 24% from 3Q 2022). Net income: kr751.0k (down 89% from 3Q 2022). Profit margin: 2.5% (down from 17% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to kr21.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Communications industry in Europe. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr19.33 per share. Recent Insider Transactions • Sep 06
Chairman of the Board recently bought kr102k worth of stock On the 4th of September, Matthias Trygg bought around 4k shares on-market at roughly kr25.45 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr137k. Matthias has been a buyer over the last 12 months, purchasing a net total of kr290k worth in shares. Recent Insider Transactions • Jul 19
Chairman of the Board recently bought kr137k worth of stock On the 14th of July, Matthias Trygg bought around 5k shares on-market at roughly kr27.49 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Matthias has been a buyer over the last 12 months, purchasing a net total of kr189k worth in shares. New Risk • Jul 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 51% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (kr230.0m market cap, or US$22.4m). Reported Earnings • Jul 14
Second quarter 2023 earnings: Revenues miss analyst expectations Second quarter 2023 results: Revenue: kr27.5m (down 14% from 2Q 2022). Net loss: kr1.83m (down 144% from profit in 2Q 2022). Revenue missed analyst estimates by 35%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 38% After last week's 38% share price decline to kr26.55, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Communications industry in Europe. Total returns to shareholders of 181% over the past three years. Reported Earnings • Apr 14
First quarter 2023 earnings: Revenues miss analyst expectations First quarter 2023 results: Revenue: kr33.4m (up 23% from 1Q 2022). Net income: kr295.0k (down 91% from 1Q 2022). Profit margin: 0.9% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 29%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 14
Price target decreased by 11% to kr89.00 Down from kr100.00, the current price target is an average from 2 analysts. New target price is 87% above last closing price of kr47.60. Stock is up 88% over the past year. The company is forecast to post earnings per share of kr2.80 for next year compared to kr2.55 last year. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to kr47.85, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Communications industry in Europe. Total returns to shareholders of 674% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr34.22 per share. Recent Insider Transactions • Mar 12
Chairman of the Board recently bought kr51k worth of stock On the 7th of March, Matthias Trygg bought around 650 shares on-market at roughly kr78.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr110k. This was Matthias' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr79.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Communications industry in Europe. Total returns to shareholders of 1,262% over the past three years. Major Estimate Revision • Feb 23
Consensus revenue estimates increase by 14% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from kr185.1m to kr211.0m. EPS estimate increased from kr3.90 to kr4.90 per share. Net income forecast to grow 95% next year vs 6.0% decline forecast for Communications industry in Sweden. Consensus price target up from kr100.00 to kr115. Share price rose 5.0% to kr87.80 over the past week. Reported Earnings • Feb 19
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: kr2.55 (up from kr1.83 in FY 2021). Revenue: kr149.3m (up 50% from FY 2021). Net income: kr20.6m (up 39% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr90.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 1,204% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr83.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 1,849% over the past three years. Recent Insider Transactions • Jan 02
Chief Executive Officer recently bought kr110k worth of stock On the 29th of December, Fredrik Lundberg bought around 2k shares on-market at roughly kr63.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr153k worth in shares. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 17% share price gain to kr58.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 1,246% over the past three years. Announcement • Dec 14
Waystream Holding AB (publ) to Report Q1, 2023 Results on Apr 13, 2023 Waystream Holding AB (publ) announced that they will report Q1, 2023 results on Apr 13, 2023 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 17% share price gain to kr54.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 1,077% over the past three years. Price Target Changed • Nov 16
Price target increased to kr45.00 Up from kr36.00, the current price target is provided by 1 analyst. New target price is 9.5% below last closing price of kr49.70. Stock is up 92% over the past year. The company is forecast to post earnings per share of kr1.80 for next year compared to kr1.83 last year.