Reported Earnings • Apr 25
Full year 2025 earnings released: kr0.022 loss per share (vs kr0.20 profit in FY 2024) Full year 2025 results: kr0.022 loss per share (down from kr0.20 profit in FY 2024). Revenue: kr521.2m (down 14% from FY 2024). Net loss: kr7.55m (down 111% from profit in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 21
Net Insight AB (publ) to Report Fiscal Year 2026 Results on Feb 10, 2027 Net Insight AB (publ) announced that they will report fiscal year 2026 results on Feb 10, 2027 Tillkännagivande • Apr 01
Net Insight AB (publ), Annual General Meeting, May 12, 2026 Net Insight AB (publ), Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time. Location: at the company`s office, at smidesvagen 7, solna, Sweden Recent Insider Transactions • Feb 16
Deputy Director recently bought kr1.3m worth of stock On the 12th of February, Axel Barchan bought around 680k shares on-market at roughly kr1.90 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 12
Full year 2025 earnings released: kr0.022 loss per share (vs kr0.20 profit in FY 2024) Full year 2025 results: kr0.022 loss per share (down from kr0.20 profit in FY 2024). Revenue: kr521.2m (down 14% from FY 2024). Net loss: kr7.55m (down 111% from profit in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year whereas the company’s share price has fallen by 33% per year. Tillkännagivande • Jan 31
Net Insight AB (Publ) Appoints Nadia Kolli as Chief Commercial Officer, Effective January 30, 2026 Net Insight AB (publ) announced the appointment of Nadia Kolli as Chief Commercial Officer (CCO), effective January 30, 2026, following her tenure as Acting CCO since 12 January 2026. Nadia Kolli brings extensive international leadership expertise and global experience in complex system sales within the Media and Broadcast industry. She joined Net Insight in 2018 and has held the position of VP of Sales EMEA Media Networks since January 2022. Prior to joining Net Insight, Nadia Kolli held several senior strategic sales positions at key industry players, including Harmonic, Ericsson, and Tandberg Television. As CCO, Nadia Kolli is a member of Net Insight's executive management team. New Risk • Jan 23
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 British stocks, typically moving 9.5% 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 (9.5% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (kr1.16b market cap, or US$128.7m). Buy Or Sell Opportunity • Jan 23
Now 41% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to kr2.43. The fair value is estimated to be kr4.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 1,717% in the next 2 years. Tillkännagivande • Jan 23
Net Insight AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2025 Net Insight AB (Publ) provided earnings guidance for the fourth quarter of 2025. The company is expected to report net sales of approximately SEK 117 (134) million and EBIT of approximately SEK 5 (5) million. New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: kr0.062 (vs kr0.049 in 3Q 2024) Third quarter 2025 results: EPS: kr0.062 (up from kr0.049 in 3Q 2024). Revenue: kr147.1m (down 5.6% from 3Q 2024). Net income: kr21.2m (up 24% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 20
Second quarter 2025 earnings released: kr0.03 loss per share (vs kr0.087 profit in 2Q 2024) Second quarter 2025 results: kr0.03 loss per share (down from kr0.087 profit in 2Q 2024). Revenue: kr142.6m (down 19% from 2Q 2024). Net loss: kr10.7m (down 135% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr3.22, the stock trades at a trailing P/E ratio of 25.3x. Average forward P/E is 31x in the Communications industry in Europe. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr5.32 per share. New Risk • May 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr956.5m (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (7.4% net profit margin). Market cap is less than US$100m (kr956.5m market cap, or US$98.2m). Reported Earnings • May 02
First quarter 2025 earnings released: kr0.041 loss per share (vs kr0.041 profit in 1Q 2024) First quarter 2025 results: kr0.041 loss per share (down from kr0.041 profit in 1Q 2024). Revenue: kr114.6m (down 20% from 1Q 2024). Net loss: kr14.0m (down 199% from profit in 1Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Communications industry in the United Kingdom. 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 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to kr2.93, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 30x in the Communications industry in the United Kingdom. Total loss to shareholders of 28% over the past three years. Tillkännagivande • Apr 03
Net Insight AB (publ), Annual General Meeting, May 14, 2025 Net Insight AB (publ), Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Location: at the companys office, at smidesvagen 7, solna Sweden Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: kr0.21 (vs kr0.17 in FY 2023) Full year 2024 results: EPS: kr0.21 (up from kr0.17 in FY 2023). Revenue: kr608.0m (up 8.7% from FY 2023). Net income: kr71.0m (up 18% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Feb 19
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 British stocks, typically moving 3.5% 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 • Feb 19
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to kr5.38, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 53% over the past three years. Tillkännagivande • Feb 05
Net Insight AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025 Net Insight AB (publ) announced that they will report fiscal year 2024 results at 7:30 AM, Central European Standard Time on Feb 19, 2025 Tillkännagivande • Dec 19
Net Insight Appoints Andreas Eriksson as Chief Commercial Officer Net Insight announced the appointment of Andreas Eriksson as permanent Chief Commercial Officer (CCO), effective immediately. Andreas Eriksson has been serving as acting CCO since 15 November 2024 and brings extensive global expertise from the broadcast and media industry. His previous roles include CEO and Head of Sales at Telstra Broadcast Services in Australia, as well as strategic and senior leadership positions with Red Bee Media and Ericsson Broadcast and Media Services. With a wealth of experience both in Sweden and internationally, Andreas has a proven track record of driving growth and strengthen customer relationships. Recent Insider Transactions • Nov 21
Insider recently sold kr1.0m worth of stock On the 18th of November, Marten Blixt sold around 150k shares on-market at roughly kr6.68 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr4.2m more than they bought in the last 12 months. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.049 (vs kr0.046 in 3Q 2023) Third quarter 2024 results: EPS: kr0.049 (up from kr0.046 in 3Q 2023). Revenue: kr155.9m (up 8.3% from 3Q 2023). Net income: kr17.1m (up 5.5% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 10
Net Insight AB (publ) Launches Network-Edge Streaming Appliance Nimbra 204 Net Insight AB (publ) launched network-edge streaming appliance Nimbra 204. The Nimbra 204 offers robust transmission over low-cost, unmanaged networks and becomes a fully integrated component of the Nimbra Edge and Nimbra Connect iT platforms. Enabling broadcasters and media companies to efficiently manage and distribute content over unmanaged networks. The Nimbra 204 is seamlessly integrated into Net Insight's Nimbra Edge and Connect iT network orchestration and device management systems. This integration provides users with an open standards-based, cloud-agnostic solution that is easy to configure and fully media-aware. With edge-to-edge resilience and support for multiple formats, the Nimbra 204 brings a comprehensive media transport solution that is both versatile and reliable. The Nimbra204 is suitable for contribution services enabling broadcasters to profitably monetize events that were previously unaff affordable by utilizing lower-cost, high-efficiency technology. Another application area is program/network distribution, broadcasters can now distribute program content to affiliates and takers over ubiquitous and affordable unmanaged networks, significantly reducing the cost and complexity of media distribution. While cost effective, the Nimbra 204 is fully featured, low latency HEVC compression, offering bandwidth efficiency while maintaining video quality with 4:2:2 10-bit resolution. With versatile encode and decode capabilities, the Nimbra 204 are equipped to handle multi-channel processing, supporting up to four HD services simultaneously. It also supports high-resolution video up to 4K UHD, ensuring that broadcasters can deliver cutting-edge visual experiences. The Nimbra 204 are available for delivery in first quarter, 2025. Tillkännagivande • Aug 22
Net Insight Unveils the Nimbra 400 Platform, Now Features Multi-Channel HEVC 4:2:2 Video Encoding and Decoding Net Insight unveiled that the Nimbra 400 platform, now features multi-channel HEVC 4:2:2 video encoding and decoding. This advancement sets a new standard for video quality and bandwidth efficiency, making the Nimbra 400 the ultimate choice for live event contributions over both managed and unmanaged networks. The Nimbra 400's new capabilities ensure the high quality video is delivered over cost- effective IP links, enabling immersive video experiences from virtually any global location. Ideal for broadcasters and production companies, the Nimbra 400 supports up to four high-quality HEVC 4:2:2 video services through advanced hardware acceleration technology, ensuring premium, low-latency video feeds from remote locations to production centers. With the highly efficient HEVC compression, the Nimbra 400 offers significant reductions in bandwidth costs per channel. This efficiency allows broadcasters to increase their camera views, delivering more immersive programming, and covering events that were previously economically unviable. The result is new revenue streams and a more engaging viewing experience for audiences. The Nimbra 400 is designed for seamless integration with Net Insight's Nimbra Edge and Connect iT media transport platforms, providing robust and high-quality video connections from the network edge. Video services can be delivered over unmanaged IP networks, and the entire operation can be managed from a central location anywhere in the world, ensuring flexibility and reliability for live event production. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: kr0.087 (vs kr0.031 in 2Q 2023) Second quarter 2024 results: EPS: kr0.087 (up from kr0.031 in 2Q 2023). Revenue: kr176.1m (up 40% from 2Q 2023). Net income: kr30.4m (up 180% from 2Q 2023). Profit margin: 17% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to kr6.11, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 35x in the Communications industry in the United Kingdom. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr8.95 per share. Board Change • May 17
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Jan Thorsten Barchan is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Apr 24
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 British stocks, typically moving 8.2% 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 (8.2% average weekly change). Significant insider selling over the past 3 months (kr749k sold). Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: kr0.17 (vs kr0.15 in FY 2022) Full year 2023 results: EPS: kr0.17 (up from kr0.15 in FY 2022). Revenue: kr559.4m (up 18% from FY 2022). Net income: kr60.1m (up 11% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 28
Net Insight AB (publ) Announces Decline Re-Election of Gunilla Fransson as Board of Director Net Insight AB (publ) announced Gunilla Fransson, board of director has declined re-election. Tillkännagivande • Mar 21
Net Insight Launches Nimbra Connect iT: Simplifying Live Media Transport for Expanding Networks Net Insight AB (publ) announced the launch of Nimbra Connect iT, a cutting-edge solution designed to transform live internet transport workflows for small to medium networks. Nimbra Connect iT stands out in the market by providing an effortlessly integrated, scalable, and low-maintenance live media solution, enabling content creators, rights holders and broadcasters to focus on producing compelling content. With the addition of Connect iT, Net Insight is expanding its cloud transport offering currently incorporating Nimbra Edge, to cater to both small-scale and large-scale networks. Innovative simplicity and scalability. Nimbra Connect iT is engineered for ease of deployment and simplified maintenance, ensuring that users can quickly integrate the platform into their existing infrastructure and start managing content delivery effectively. The solution allows for an easy entry into the cloud market, starting with as few as two modules. This simplicity, coupled with an inherently scalable architecture, allows media companies to expand their capabilities as they grow, without the traditional complexities associated with scaling up. Effortless integration and streamlined operations. The cornerstone of Nimbra Connect iT is its effortless integration capability, powered by an Open API, which ensures seamless harmony with a variety of systems and tools. This facilitates a streamlined and efficient workflow, significantly reducing the operational complexities typically associated with media operations. Designed with the future in mind, Nimbra Connect iT provides tools and features that help users expand their audience reach and explore new revenue opportunities, due to ubiquitous connectivity on demand. Expanding reach and exploring new opportunities. With Nimbra Connect iT, businesses can expand their reach and explore new revenue opportunities by engaging new audiences and making content distribution more efficient. The platform addresses the current challenges faced by media networks, positioning them for future growth and success in an increasingly competitive landscape. Recent Insider Transactions • Feb 21
Chief Commercial Officer recently sold kr749k worth of stock On the 19th of February, Marten Blixt sold around 120k shares on-market at roughly kr6.24 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr1.5m. Insiders have been net sellers, collectively disposing of kr3.6m more than they bought in the last 12 months. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: kr0.17 (vs kr0.15 in FY 2022) Full year 2023 results: EPS: kr0.17 (up from kr0.15 in FY 2022). Revenue: kr559.4m (up 18% from FY 2022). Net income: kr60.1m (up 11% from FY 2022). Profit margin: 11% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. New Risk • Feb 17
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 British stocks, typically moving 8.5% 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 (8.5% average weekly change). Significant insider selling over the past 3 months (kr2.4m sold). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to kr6.40, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 12x in the Communications industry in the United Kingdom. Total returns to shareholders of 271% over the past three years. Recent Insider Transactions • Dec 20
Insider recently sold kr990k worth of stock On the 18th of December, Christer Bohm sold around 190k shares on-market at roughly kr5.21 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr1.5m. Insiders have been net sellers, collectively disposing of kr2.9m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr5.23, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 11x in the Communications industry in the United Kingdom. Total loss to shareholders of 22% over the past year. Recent Insider Transactions • Dec 11
Chief Financial Officer recently sold kr1.5m worth of stock On the 8th of December, Joakim Schedvins sold around 280k shares on-market at roughly kr5.20 per share. This transaction amounted to 93% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joakim's only on-market trade for the last 12 months. New Risk • Dec 08
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 British stocks, typically moving 7.5% 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. Reported Earnings • Nov 12
Third quarter 2023 earnings released: EPS: kr0.046 (vs kr0.066 in 3Q 2022) Third quarter 2023 results: EPS: kr0.046 (down from kr0.066 in 3Q 2022). Revenue: kr144.0m (up 11% from 3Q 2022). Net income: kr16.2m (down 33% from 3Q 2022). Profit margin: 11% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Tillkännagivande • Oct 14
Gunilla Fransson Declines Reelection as Board Member and Chair of the Board of Net Insight AB (Publ) Gunilla Fransson declines reelection as board member and Chair of the Board in Net Insight AB. She will remain as chair until the next Annual General Meeting in May 2024. Gunilla Fransson was elected to the board of Net Insight in 2008 and appointed chair of the board in 2018. As the chair of the board of Net Insight, Gunilla has played a central role in streamlining operations and promoting strategic growth. Under her leadership, the company'soperations have been refined through the divestment of the business segments ScheduALL and Sye, and expanded with the development of a product for time synchronization in 5G networks. The Nomination Committee has initiated a process to search for a successor to the chairmanship, to be proposed at the annual general meeting in 2024. Tillkännagivande • Sep 26
Net Insight AB (Publ) Announces Management Appointments Net Insight AB's Nomination Committee ahead of the 2024 annual general meeting has been convened. In accordance with the principles for the Nomination Committee adopted at the 2023 annual general meeting, the Nomination Committee consists of three members appointed by three of the company's largest shareholders, in terms of voting rights based on the ownership structure as of August 31, 2023, and the Chair of the Board. The Nomination Committee consists of: Stina Barchan, appointed by Briban Invest AB; Jesper Bergström, appointed by Handelsbanken funds; Jeffrey Meyers, appointed by Cobia Capital Funds; Gunilla Fransson, Chair of the Board of Net Insight AB. New Risk • Jul 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Significant insider selling over the past 3 months (kr826k sold). New Risk • Jul 31
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr826k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Jul 30
Insider recently sold kr462k worth of stock On the 28th of July, Christer Bohm sold around 100k shares on-market at roughly kr4.62 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr11m more than they sold in the last 12 months. Recent Insider Transactions • Jul 22
Group CTO & Head of Sync recently sold kr364k worth of stock On the 18th of July, Per Lindgren sold around 80k shares on-market at roughly kr4.55 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr12m more than they sold in the last 12 months. Reported Earnings • Jul 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr126.3m (up 15% from 2Q 2022). Net income: kr10.9m (down 7.7% from 2Q 2022). Profit margin: 8.6% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 25
Director recently bought kr584k worth of stock On the 19th of May, Jan Thorsten Barchan bought around 114k shares on-market at roughly kr5.14 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. Insiders have collectively bought kr10m more in shares than they have sold in the last 12 months. Tillkännagivande • May 13
Net Insight AB (publ) Approves Board Elections Net Insight AB (publ) announced that at its AGM held on 12 May 2023, the shareholders elected Karl Thedéen as new board member. Axel Barchan was elected as new personal deputy for Jan Barchan. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: kr0.15 (vs kr0.062 in FY 2021) Full year 2022 results: EPS: kr0.15 (up from kr0.062 in FY 2021). Revenue: kr475.1m (up 25% from FY 2021). Net income: kr54.0m (up 127% from FY 2021). Profit margin: 11% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Recent Insider Transactions • Feb 26
Director recently bought kr814k worth of stock On the 22nd of February, Jan Thorsten Barchan bought around 136k shares on-market at roughly kr5.99 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, they made an even bigger purchase worth kr10m. Insiders have collectively bought kr9.5m more in shares than they have sold in the last 12 months. Buying Opportunity • Feb 22
Now 26% undervalued Over the last 90 days, the stock is up 7.5%. The fair value is estimated to be kr8.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Jan 04
Net Insight AB (publ)(OM:NETI B) dropped from OMX Nordic Small Cap Index Net Insight AB (publ) has been dropped from OMX Nordic Small Cap Index . Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 16% share price gain to kr6.55, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 24x in the Communications industry in the United Kingdom. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 17% share price gain to kr5.80, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 24x in the Communications industry in the United Kingdom. Total returns to shareholders of 66% over the past year. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: kr0.032 (vs kr0.018 in 2Q 2021) Second quarter 2022 results: EPS: kr0.032 (up from kr0.018 in 2Q 2021). Revenue: kr110.1m (up 17% from 2Q 2021). Net income: kr11.8m (up 69% from 2Q 2021). Profit margin: 11% (up from 7.4% in 2Q 2021). The increase in margin was driven by higher revenue. 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 29% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 05
Chief Technology Officer recently sold kr1.3m worth of stock On the 30th of May, Per Lindgren sold around 300k shares on-market at roughly kr4.35 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • May 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Mathias Berg was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: kr0.062 (vs kr0.038 loss in FY 2020) Full year 2021 results: EPS: kr0.062 (up from kr0.038 loss in FY 2020). Revenue: kr380.7m (up 15% from FY 2020). Net income: kr23.8m (up kr38.5m from FY 2020). Profit margin: 6.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 17% share price gain to kr3.85, the stock trades at a trailing P/E ratio of 58.7x. Average trailing P/E is 25x in the Communications industry in the United Kingdom. Total returns to shareholders of 66% over the past three years. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr0.062 (up from kr0.024 loss in FY 2020). Revenue: kr380.7m (down 4.6% from FY 2020). Net income: kr23.8m (up kr33.0m from FY 2020). Profit margin: 6.3% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.9%. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr100.8m (up 9.0% from 3Q 2020). Net income: kr10.1m (up kr16.0m from 3Q 2020). Profit margin: 10.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
Full year 2020 earnings released: kr0.024 loss per share (vs kr0.012 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr398.9m (down 11% from FY 2019). Net loss: kr9.20m (loss widened 98% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Executive Departure • Mar 02
Head of People has left the company On the 28th of February, Katarina Dufvenmark's tenure as Head of People ended after 1.5 years in the role. We don't have any record of a personal shareholding under Katarina's name. Katarina is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 24
Full year 2020 earnings released: kr0.024 loss per share (vs kr0.012 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr398.9m (down 11% from FY 2019). Net loss: kr9.20m (loss widened 98% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 24
Revenue beats expectations Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 2.3% compared to a 1.7% decline forecast for the Communications industry in the United Kingdom.