NETM B Stock Overview
Netmore Group AB (publ) operates as an internet of Things (IoT) operator.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Netmore Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr0.67 |
| 52 Week High | kr1.55 |
| 52 Week Low | kr0.41 |
| Beta | -0.018 |
| 1 Month Change | 49.78% |
| 3 Month Change | -9.16% |
| 1 Year Change | -49.89% |
| 3 Year Change | -45.20% |
| 5 Year Change | 68.50% |
| Change since IPO | -87.86% |
Recent News & Updates
Recent updates
Shareholder Returns
| NETM B | SE Wireless Telecom | SE Market | |
|---|---|---|---|
| 7D | 3.7% | 5.2% | 0.9% |
| 1Y | -49.9% | -15.0% | 10.3% |
Return vs Industry: NETM B underperformed the Swedish Wireless Telecom industry which returned -23.4% over the past year.
Return vs Market: NETM B underperformed the Swedish Market which returned 6.9% over the past year.
Price Volatility
| NETM B volatility | |
|---|---|
| NETM B Average Weekly Movement | 21.5% |
| Wireless Telecom Industry Average Movement | 3.8% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in SE Market | 13.0% |
| 10% least volatile stocks in SE Market | 3.5% |
Stable Share Price: NETM B's share price has been volatile over the past 3 months.
Volatility Over Time: NETM B's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 36 | Ove Anebygd | netmoregroup.com |
Netmore Group AB (publ) operates as an internet of Things (IoT) operator. It provides Proptech and Connectivity Node, a combination of hardware and software installed in a building that offers online connectivity for systems, devices, and applications available in a building; LoRaWAN, a low power wide area networking protocol to wirelessly connect battery operated things to the internet; and LoRaWAN Portal, an easy-to-use user interface and platform to manage and control IoT devices and the network. The company also offers open access 5G networks; unified management systems to monitor and get access to all property systems, and generate reports about data usage, access, and uptime; APIs with full data access; Wi-Fi equipment for tenant, enterprise, and public; and sim cards.
Netmore Group AB (publ) Fundamentals Summary
| NETM B fundamental statistics | |
|---|---|
| Market cap | kr214.09m |
| Earnings (TTM) | -kr45.51m |
| Revenue (TTM) | kr83.85m |
2.6x
P/S Ratio-4.7x
P/E RatioIs NETM B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NETM B income statement (TTM) | |
|---|---|
| Revenue | kr83.85m |
| Cost of Revenue | kr94.16m |
| Gross Profit | -kr10.31m |
| Other Expenses | kr35.20m |
| Earnings | -kr45.51m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.14 |
| Gross Margin | -12.29% |
| Net Profit Margin | -54.28% |
| Debt/Equity Ratio | 0% |
How did NETM B perform over the long term?
See historical performance and comparison