Live-nyheter • Jul 01
GomSpace Wins Over 58 Million SEK in New Satellite Contracts Extending Backlog GomSpace Group has secured contracts worth more than 58 MSEK, including a 24.4 MSEK deal with Unseenlabs for two new CubeSats to be delivered in 2027 and a 34 MSEK follow-up order for satellite platform kits from an existing EMEA customer.
These contracts expand GomSpace’s order backlog across 2026 and beyond, support its stated annual objectives, and indicate continued demand from both a recurring institutional client and a commercial partner building out its current satellite generation.
GomSpace’s share price is SEK 15.03, with the stock down 27.7% over the past 30 days, so the new contract flow arrives against a weak recent trading backdrop.
Taken together, the new Unseenlabs work and the EMEA follow-up order provide clearer revenue visibility and highlight customer retention, while the share price decline keeps execution and delivery risk in focus. Tillkännagivande • Apr 17
GomSpace Group AB (publ), Annual General Meeting, May 19, 2026 GomSpace Group AB (publ), Annual General Meeting, May 19, 2026, at 10:00 W. Europe Standard Time. Location: setterwalls advokatbyra`s offices at sturegatan 10, stockholm Sweden Price Target Changed • Apr 07
Price target increased by 71% to kr14.00 Up from kr8.20, the current price target is provided by 1 analyst. New target price is 8.9% below last closing price of kr15.36. The company posted a net loss per share of kr0.18 last year. Recent Insider Transactions • Mar 18
Insider recently sold kr1.3m worth of stock On the 12th of March, Lars Alminde sold around 75k shares on-market at roughly kr17.44 per share. This transaction amounted to 4.6% 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 kr2.9m more than they bought in the last 12 months. New Risk • Mar 06
New major risk - Revenue and earnings growth Earnings have declined by 5.8% 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 5.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (kr1.0m sold). Recent Insider Transactions • Mar 01
Independent Director recently sold kr1.0m worth of stock On the 25th of February, Nikolaj Wendelboe sold around 50k shares on-market at roughly kr20.24 per share. This transaction amounted to 29% 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 kr1.6m more than they bought in the last 12 months. Reported Earnings • Feb 20
Full year 2025 earnings released: kr0.18 loss per share (vs kr0.62 loss in FY 2024) Full year 2025 results: kr0.18 loss per share (improved from kr0.62 loss in FY 2024). Revenue: kr441.8m (up 72% from FY 2024). Net loss: kr27.2m (loss narrowed 69% from FY 2024). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 20
Gomspace Group AB (Publ) Maintains Earnings Guidance for the Year 2026 Gomspace Group AB (Publ) maintained earnings guidance for the year 2026. For the year, the company expects SEK 540 Million - SEK 640 Million. The 2026 outlook represents continued profitable growth from 2025, with revenue increasing more than 30% (midpoint guidance), supported by a healthy order backlog and expanding market opportunities. This growth trajectory reflects the maturation of the existing Business Units and their increasing contribution to group profitability. Tillkännagivande • Dec 19
Gomspace Group AB (Publ) Updates Revenue Guidance for 2025 GomSpace Group AB (publ) updated revenue guidance for 2025. For the period the company expects the Revenue of SEK 420 million to SEK 450 million. The company reaffirms strong performance expectations for revenue, with results anticipated in the upper half of the previously announced guidance range. Tillkännagivande • Oct 16
Gomspace Group AB (Publ) Increases Revenue Guidance for the Year 2025 GomSpace Group AB (publ) increased revenue guidance for the year 2025. For the year, the company increased its revenue outlook by more than SEK 100 million; Revenue: SEK 420 million to SEK 450 million (SEK 320 million to SEK 380 million). Tillkännagivande • Aug 29
An undisclosed buyer proposed to acquire 58.73% stake in GomSpace Group AB (publ) (OM:GOMX) for approximately SEK 570 million. An undisclosed buyer proposed to acquire 58.73% stake in GomSpace Group AB (publ) (OM:GOMX) for approximately SEK 570 million on August 29, 2025. A cash consideration of SEK 566.74 million valued at SEK 6.86 per share will be paid by the buyer. As part of consideration, SEK 566.74 million is paid towards common equity of GomSpace Group AB (publ). The mandatory offer will be financed by existing funds and through loan facilities made available. The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. The board of directors of GomSpace Group AB (publ) recommends the shareholders to not to accept the mandatory offer. The acceptance period for the mandatory offer is expected to run from September 2, 2025 to September 23, 2025. The settlement of the offered consideration to those who have accepted the offer is expected to commence on or around September 30, 2025. Reported Earnings • Aug 27
Second quarter 2025 earnings released: kr0.21 loss per share (vs kr0.067 loss in 2Q 2024) Second quarter 2025 results: kr0.21 loss per share (further deteriorated from kr0.067 loss in 2Q 2024). Revenue: kr95.9m (up 45% from 2Q 2024). Net loss: kr29.4m (loss widened 212% from 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Aug 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (kr587k sold). Tillkännagivande • Jun 11
GomSpace Group AB Announces Step Down of Henrik Kølle from the Board of Directors, Effective June 10, 2025 GomSpace Group AB announced that following the recent Annual General Meeting, Hasse Resenbro has been appointed as a non-executive director of GomSpace Group AB. His appointment brings significant defense sector expertise at both the European and global levels, further strengthening the Board's strategic capabilities. Hasse Resenbro is currently serving abroad with the Danish Defense and is expected to fully assume his Board responsibilities during the summer. Henrik Kølle has stepped down from the Board of Directors, effective June 10, 2025, due to current professional commitments. The Board of Directors and the Nomination Committee have jointly concluded that five members are sufficient at this stage and will not propose the appointment of an additional Board member. As a result, the GomSpace Group AB Board now comprises: Stefan Gardefjord (Chair); Steen Lorenz Hansen (Vice Chair); Nikolaj Wendelboe; Kenn Herskind and Hasse Resenbro. Tillkännagivande • May 15
GomSpace Group AB (publ), Annual General Meeting, May 14, 2025 GomSpace Group AB (publ), Annual General Meeting, May 14, 2025. Tillkännagivande • May 14
GomSpace Group AB (publ) Elects Hasse Resenbro as Board Member GomSpace Group AB (publ) at its annual general meeting of 2025 held on May 14, 2025, approve to elect Hasse Resenbro as board members. New Risk • May 09
New major risk - Revenue and earnings growth Earnings have declined by 7.9% 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 7.9% per year over the past 5 years. Reported Earnings • Apr 27
Full year 2024 earnings released: kr0.62 loss per share (vs kr0.91 loss in FY 2023) Full year 2024 results: kr0.62 loss per share (improved from kr0.91 loss in FY 2023). Revenue: kr257.0m (up 8.1% from FY 2023). Net loss: kr86.9m (loss narrowed 6.1% from FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. 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 14% per year, which means it is significantly lagging earnings. New Risk • Mar 05
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 11% 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 Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (kr889.0m market cap, or US$86.8m). Reported Earnings • Feb 17
Full year 2024 earnings released: kr0.62 loss per share (vs kr0.91 loss in FY 2023) Full year 2024 results: kr0.62 loss per share (improved from kr0.91 loss in FY 2023). Revenue: kr257.0m (up 8.1% from FY 2023). Net loss: kr86.9m (loss narrowed 6.1% from FY 2023). 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 26% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 15
GomSpace Group AB (publ) Maintains Earnings Guidance for the Year 2025 GomSpace Group AB (publ) maintained earnings guidance for the year 2025. For the year 2025, the company expects revenue is expected in the range of SEK 320 million to SEK 380 million. Tillkännagivande • Jan 12
GomSpace Group AB (publ) to Report Fiscal Year 2024 Results on Apr 23, 2025 GomSpace Group AB (publ) announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Apr 23, 2025 New Risk • Dec 23
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 8.0% 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 Earnings have declined by 5.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (kr633.0m market cap, or US$57.4m). Tillkännagivande • Dec 18
GomSpace Group AB (Publ) Provides Earnings Guidance for the Year 2025 GomSpace Group AB (publ) provided earnings guidance for the year 2025. For the year, the company expects revenue to be SEK 320 million to SEK 380 million (2024 estimate: better than SEK 245 million). Recent Insider Transactions • Nov 17
Independent Director recently bought kr223k worth of stock On the 11th of November, Henrik Kolle bought around 56k shares on-market at roughly kr3.97 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr268k. Insiders have collectively bought kr1.0m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 05
Independent Director recently bought kr78k worth of stock On the 1st of November, Henrik Kolle bought around 18k shares on-market at roughly kr4.35 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 kr268k. Insiders have collectively bought kr814k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 12
Independent Director recently bought kr212k worth of stock On the 10th of September, Henrik Kolle bought around 41k shares on-market at roughly kr5.18 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr268k. Insiders have collectively bought kr826k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 01
Independent Director recently bought kr268k worth of stock On the 23rd of August, Henrik Kolle bought around 49k shares on-market at roughly kr5.50 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr423k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 25
Second quarter 2024 earnings released: kr0.067 loss per share (vs kr0.25 loss in 2Q 2023) Second quarter 2024 results: kr0.067 loss per share (improved from kr0.25 loss in 2Q 2023). Revenue: kr65.9m (up 31% from 2Q 2023). Net loss: kr9.43m (loss narrowed 73% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jun 20
Independent Director recently sold kr52k worth of stock On the 14th of June, Henrik Kolle sold around 11k shares on-market at roughly kr4.63 per share. This transaction amounted to less than 1% 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 kr155k more than they sold in the last 12 months. Reported Earnings • Feb 28
Full year 2023 earnings released: kr1.14 loss per share (vs kr3.76 loss in FY 2022) Full year 2023 results: kr1.14 loss per share (improved from kr3.76 loss in FY 2022). Revenue: kr234.5m (up 18% from FY 2022). Net loss: kr115.6m (loss narrowed 49% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 03
GomSpace Group AB (publ), Annual General Meeting, May 17, 2024 GomSpace Group AB (publ), Annual General Meeting, May 17, 2024. Reported Earnings • Nov 17
Third quarter 2023 earnings released: kr0.24 loss per share (vs kr1.95 loss in 3Q 2022) Third quarter 2023 results: kr0.24 loss per share (improved from kr1.95 loss in 3Q 2022). Revenue: kr67.7m (up 274% from 3Q 2022). Net loss: kr34.2m (loss narrowed 72% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year whereas the company’s share price has fallen by 46% per year. Tillkännagivande • Nov 17
GomSpace Group AB (publ) Provides Revenue Guidance for the Year 2023 GomSpace Group AB (publ) provided revenue guidance for the year 2023. For the year, The company anticipates surpassing the highest revenue recorded in 2021, which was SEK 214 million, by the end of this year. New Risk • Oct 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 Swedish stocks, typically moving 8.3% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr167m free cash flow). Earnings have declined by 9.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (124% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (kr199.0m market cap, or US$18.1m). New Risk • Oct 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr167m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr167m free cash flow). Earnings have declined by 9.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (124% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr189.9m market cap, or US$17.2m). Board Change • Oct 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Vice Chairman Steen Lorenz Johan Hansen is the most experienced director on the board, commencing their role in 2017. Independent Director Nikolaj Wendelboe was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Sep 27
GomSpace Announces Board Changes, Effective October 1, 2023 GomSpace announced a change in the board of directors, appointing Stefan Gardefjord as new chairman and Steen Hansen as vice-chair from October 1, 2023. As previously announced, the current Chair Jukka Pertola was expected to step down from the board 2023 and leaves the board as from 1 October 2023. Stefan Gardefjord comes with long history and experience from the space Industry, most recently as President & CEO for Swedish Space Corporation AB, a pioneer and leader in providing advanced space services globally. Stefan joined the company board of directors after the general assembly on May 31, 2023. Further, the company is securing continuity in the Board leadership, by appointing long-term Board member and key investor, Steen Hansen, as vice-Chair. Steen is representing the company second largest investor, Hansen & Langland Aps, and has been on the board of directors since 2017. Recent Insider Transactions • Sep 15
Director recently bought kr90k worth of stock On the 13th of September, Kenn Herskind bought around 65k shares on-market at roughly kr1.39 per share. This transaction increased Kenn's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Tillkännagivande • Aug 24
GomSpace Group AB (publ) to Report Q3, 2023 Results on Nov 21, 2023 GomSpace Group AB (publ) announced that they will report Q3, 2023 results on Nov 21, 2023 Reported Earnings • Aug 23
Second quarter 2023 earnings released: kr0.25 loss per share (vs kr0.46 loss in 2Q 2022) Second quarter 2023 results: kr0.25 loss per share. Revenue: kr50.3m (down 1.9% from 2Q 2022). Net loss: kr35.0m (loss widened 23% from 2Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -kr0.328 to -kr0.405 per share. Revenue forecast unchanged at kr250.3m. Aerospace & Defense industry in Sweden expected to see average net income growth of 31% next year. Consensus price target of kr17.99 unchanged from last update. Share price fell 9.7% to kr1.21 over the past week. Tillkännagivande • Jun 01
GomSpace Group AB (Publ) Approves Board Appointments GomSpace Group AB (publ) announced that at its Annual general meeting held on May 31, 2023, elected Stefan Gardefjord and Henrik Kølle as new board members. Reported Earnings • May 28
First quarter 2023 earnings released: kr0.24 loss per share (vs kr0.064 profit in 1Q 2022) First quarter 2023 results: kr0.24 loss per share (down from kr0.064 profit in 1Q 2022). Revenue: kr78.2m (flat on 1Q 2022). Net loss: kr14.4m (down kr17.8m from profit in 1Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 08
Full year 2022 earnings released: kr3.76 loss per share (vs kr0.52 loss in FY 2021) Full year 2022 results: kr3.76 loss per share (further deteriorated from kr0.52 loss in FY 2021). Revenue: kr198.4m (down 7.1% from FY 2021). Net loss: kr227.8m (loss widened kr200.5m from FY 2021). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2022 earnings released: kr1.95 loss per share (vs kr0.14 loss in 3Q 2021) Third quarter 2022 results: kr1.95 loss per share (further deteriorated from kr0.14 loss in 3Q 2021). Revenue: kr18.1m (down 64% from 3Q 2021). Net loss: kr122.2m (loss widened kr115.0m from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Breakeven Date Change • Nov 16
Forecast breakeven date pushed back to 2024 The analyst covering GomSpace Group previously expected the company to break even in 2023. New forecast suggests losses will reduce by 43% per year to 2023. The company is expected to make a profit of kr17.0m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Breakeven Date Change • Oct 10
Forecast breakeven date pushed back to 2024 The analyst covering GomSpace Group previously expected the company to break even in 2023. New forecast suggests losses will reduce by 43% per year to 2023. The company is expected to make a profit of kr17.0m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Reported Earnings • Jul 26
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: kr0.46 loss per share (down from kr0.21 loss in 2Q 2021). Revenue: kr51.3m (up 7.8% from 2Q 2021). Net loss: kr28.5m (loss widened 154% from 2Q 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 84%. Over the next year, revenue is forecast to grow 34%, compared to a 16% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Jun 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Chairman of the Board Jens Maaloe was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 06
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: kr0.52 loss per share (up from kr0.83 loss in FY 2020). Revenue: kr213.6m (up 9.8% from FY 2020). Net loss: kr27.3m (loss narrowed 37% from FY 2020). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 32%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Breakeven Date Change • Feb 03
Forecast breakeven date moved forward to 2022 The 2 analysts covering GomSpace Group previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of kr7.78m in 2022. Earnings growth of 82% is required to achieve expected profit on schedule. Reported Earnings • Feb 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: kr0.52 loss per share (up from kr0.83 loss in FY 2020). Revenue: kr213.6m (up 9.8% from FY 2020). Net loss: kr27.3m (loss narrowed 37% from FY 2020). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 30%, compared to a 12% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 26
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr49.7m (up 27% from 3Q 2020). Net loss: kr7.26m (loss narrowed 2.4% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 20
Second quarter 2021 earnings released: kr0.21 loss per share (vs kr0.47 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr47.5m (up 11% from 2Q 2020). Net loss: kr11.3m (loss narrowed 54% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: kr0.24 loss per share (vs kr0.14 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: kr35.2m (down 13% from 1Q 2020). Net loss: kr12.5m (loss widened 67% from 1Q 2020). 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 38% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 05
Full year 2020 earnings released: kr0.83 loss per share (vs kr2.90 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr194.6m (up 43% from FY 2019). Net loss: kr43.6m (loss narrowed 71% from FY 2019). 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 31% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: kr19.70 The company is up 84% from its price of kr10.72 on 06 November 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr14.16 per share. Reported Earnings • Jan 30
Full year 2020 earnings released: kr0.83 loss per share (vs kr2.90 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr194.6m (up 43% from FY 2019). Net loss: kr43.6m (loss narrowed 71% from FY 2019). 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 44% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 6.7% compared to a 7.1% decline forecast for the Aerospace & Defense industry in Sweden. Is New 90 Day High Low • Dec 30
New 90-day high: kr16.66 The company is up 86% from its price of kr8.98 on 01 October 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr12.02 per share. Is New 90 Day High Low • Dec 07
New 90-day high: kr11.64 The company is up 14% from its price of kr10.24 on 08 September 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr9.89 per share. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total losses of kr79.9m, with losses narrowing by 52% from the prior year. Total revenue was kr160.7m over the last 12 months, up 16% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Earnings beat expectations, revenue disappoints Third-quarter revenue missed analyst estimates by 0.2% at kr40.2m. Earnings per share (EPS) exceeded analyst estimates by 5.6% at -kr0.14. Revenue is forecast to grow 27% over the next year, compared to a 8.4% decline forecast for the Aerospace & Defense industry in Sweden.