New Risk • Apr 27
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 9.3% 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr57m free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Apr 26
First quarter 2026 earnings released: kr0.12 loss per share (vs kr0.11 loss in 1Q 2025) First quarter 2026 results: kr0.12 loss per share (further deteriorated from kr0.11 loss in 1Q 2025). Revenue: kr18.3m (up 34% from 1Q 2025). Net loss: kr8.65m (loss widened 27% from 1Q 2025). 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 29% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 24
Acconeer AB (publ) to Report Q1, 2027 Results on Apr 23, 2027 Acconeer AB (publ) announced that they will report Q1, 2027 results on Apr 23, 2027 Reported Earnings • Mar 27
Full year 2025 earnings released: kr0.28 loss per share (vs kr0.60 loss in FY 2024) Full year 2025 results: kr0.28 loss per share (improved from kr0.60 loss in FY 2024). Revenue: kr57.9m (up 13% from FY 2024). Net loss: kr20.1m (loss narrowed 36% from FY 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 25
Acconeer AB (publ), Annual General Meeting, Apr 28, 2026 Acconeer AB (publ), Annual General Meeting, Apr 28, 2026, at 17:30 W. Europe Standard Time. Location: at the company`s office at vastra varvsgatan 19, malmo Sweden Reported Earnings • Feb 16
Full year 2025 earnings released: kr0.29 loss per share (vs kr0.60 loss in FY 2024) Full year 2025 results: kr0.29 loss per share (improved from kr0.60 loss in FY 2024). Revenue: kr57.9m (up 13% from FY 2024). Net loss: kr20.1m (loss narrowed 36% from FY 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 02
Acconeer AB (Publ) Provides Earnings Guidance for the Fourth Quarter and Full Year of 2025 and 2027 Acconeer AB (publ) provided earnings guidance for the fourth quarter and full year of 2025 and 2027. For the quarter, Net revenue for the fourth quarter of 2025 amounted to SEK 16.7 million (compared with SEK 10.3 million in Fourth Quarter 2024), corresponding to an increase of 62.1%. The net revenue of SEK 16.7 million was split between sales of goods of SEK 15.4 million and development-related services of SEK 1.3 million. The gross margin (before depreciation and inventory adjustments) amounted to 48% during the fourth quarter of 2025.
For the full year 2025, net revenue amounted to SEK 57.4 million (compared with SEK 51.3 million for the full year 2024), corresponding to an increase of 11.9%. Product sales in 2025 amounted to SEK 48.9 million, an increase of 17.4% compared with 2024. This was split between SEK 41.4 million to customers outside the automotive industry (an increase of 71% compared with 2024) and sales to the automotive industry of SEK 7.6 million (a decrease of 57% compared with 2024). Achieving the first EBIT-positive quarter during 2025, which the Company achieved in the third quarter of 2025.
For the year 2027, reaching revenue exceeding SEK 300 million in 2027. Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: kr0.006 (vs kr0.069 loss in 3Q 2024) Third quarter 2025 results: EPS: kr0.006 (up from kr0.069 loss in 3Q 2024). Revenue: kr16.5m (up 13% from 3Q 2024). Net income: kr448.0k (up kr4.76m from 3Q 2024). Profit margin: 2.7% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic 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 fallen by 48% per year, which means it is significantly lagging earnings. New Risk • Aug 01
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: kr49m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Risks Less than 1 year of cash runway based on free cash flow trend (-kr103m free cash flow). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr33m net loss next year). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (kr49m revenue, or US$5.0m). Market cap is less than US$100m (kr378.8m market cap, or US$38.5m). New Risk • Jul 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 17% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Less than 1 year of cash runway based on free cash flow trend (-kr103m free cash flow). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr33m net loss next year). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (kr362.3m market cap, or US$37.6m). Reported Earnings • Jul 20
Second quarter 2025 earnings released: kr0.11 loss per share (vs kr0.12 loss in 2Q 2024) Second quarter 2025 results: kr0.11 loss per share. Revenue: kr10.5m (down 30% from 2Q 2024). Net loss: kr8.13m (loss widened 17% from 2Q 2024). Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Sweden. New Risk • Jul 20
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: -kr103m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-kr103m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr18m net loss next year). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (kr362.3m market cap, or US$37.4m). Reported Earnings • May 07
First quarter 2025 earnings released: kr0.11 loss per share (vs kr0.46 loss in 1Q 2024) First quarter 2025 results: kr0.11 loss per share (improved from kr0.46 loss in 1Q 2024). Revenue: kr13.6m (up 21% from 1Q 2024). Net loss: kr6.80m (loss narrowed 45% from 1Q 2024). Revenue is forecast to grow 60% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Electronic industry in Sweden. 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 54% per year, which means it is significantly lagging earnings. Tillkännagivande • May 06
Acconeer AB (publ) to Report Q1, 2026 Results on Apr 24, 2026 Acconeer AB (publ) announced that they will report Q1, 2026 results on Apr 24, 2026 Tillkännagivande • Apr 30
Acconeer AB (Publ) Announces Appointment of Jesper Lindström as A New Board Member Acconeer AB (publ) in its Annual General Meeting held on April 29, 2025 announced to elect Jesper Lindström as a new board member. New Risk • Apr 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major 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 Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr13m net loss in 2 years). Market cap is less than US$100m (kr381.7m market cap, or US$39.7m). New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 Currently unprofitable and not forecast to become profitable over next 2 years (kr13m net loss in 2 years). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (kr326.7m market cap, or US$32.8m). Tillkännagivande • Apr 03
Acconeer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 25.008175 million. Acconeer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 25.008175 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 5,484,249
Price\Range: SEK 4.56
Transaction Features: Rights Offering Reported Earnings • Mar 28
Full year 2024 earnings released: kr0.60 loss per share (vs kr1.76 loss in FY 2023) Full year 2024 results: kr0.60 loss per share (improved from kr1.76 loss in FY 2023). Revenue: kr51.3m (up 45% from FY 2023). Net loss: kr31.5m (loss narrowed 32% from FY 2023). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 27
Acconeer AB (publ), Annual General Meeting, Apr 29, 2025 Acconeer AB (publ), Annual General Meeting, Apr 29, 2025, at 17:30 W. Europe Standard Time. Location: at the companys office, at vastra varvsgatan 19, malmo Sweden Reported Earnings • Feb 15
Full year 2024 earnings released: kr0.60 loss per share (vs kr1.76 loss in FY 2023) Full year 2024 results: kr0.60 loss per share (improved from kr1.76 loss in FY 2023). Revenue: kr51.3m (up 45% from FY 2023). Net loss: kr31.5m (loss narrowed 32% from FY 2023). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Breakeven Date Change • Feb 15
Forecast breakeven date pushed back to 2027 The analyst covering Acconeer previously expected the company to break even in 2025. New forecast suggests losses will reduce by 3.0% per year to 2026. The company is expected to make a profit of kr53.7m in 2027. Average annual earnings growth of 94% is required to achieve expected profit on schedule. Breakeven Date Change • Oct 30
No longer forecast to breakeven The analyst covering Acconeer no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr13.0m in 2024. New forecast suggests the company will make a loss of kr29.6m in 2025. Reported Earnings • Oct 26
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: kr0.069 loss per share (improved from kr0.36 loss in 3Q 2023). Revenue: kr14.6m (up 74% from 3Q 2023). Net loss: kr4.32m (loss narrowed 55% from 3Q 2023). Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 21
Second quarter 2024 earnings released: kr0.12 loss per share (vs kr0.51 loss in 2Q 2023) Second quarter 2024 results: kr0.12 loss per share (improved from kr0.51 loss in 2Q 2023). Revenue: kr15.1m (up 137% from 2Q 2023). Net loss: kr6.93m (loss narrowed 49% from 2Q 2023). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic 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 fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2024 earnings released: kr0.46 loss per share (vs kr0.46 loss in 1Q 2023) First quarter 2024 results: kr0.46 loss per share. Revenue: kr11.3m (up 12% from 1Q 2023). Net loss: kr12.2m (flat on 1Q 2023). Revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Tillkännagivande • Apr 24
Acconeer AB (publ) Elects Henric Stråth as A New Board Member Acconeer AB (publ) at the AGM held on 23 April 2024, elected Henric Stråth as a new board member. New Risk • Apr 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 136% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Minor Risks Revenue is less than US$5m (kr36m revenue, or US$3.3m). Market cap is less than US$100m (kr292.4m market cap, or US$27.5m). Tillkännagivande • Apr 04
Acconeer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 149.171585 million. Acconeer AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 149.171585 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 35,517,044
Price\Range: SEK 4.2
Transaction Features: Rights Offering Price Target Changed • Feb 18
Price target decreased by 75% to kr15.00 Down from kr60.00, the current price target is provided by 1 analyst. New target price is 61% above last closing price of kr9.30. Stock is down 76% over the past year. The company is forecast to post a net loss per share of kr0.60 next year compared to a net loss per share of kr1.76 last year. Reported Earnings • Feb 18
Full year 2023 earnings released: kr1.76 loss per share (vs kr1.81 loss in FY 2022) Full year 2023 results: kr1.76 loss per share (improved from kr1.81 loss in FY 2022). Revenue: kr35.5m (down 24% from FY 2022). Net loss: kr46.5m (loss narrowed 1.4% from FY 2022). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic 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 fallen by 30% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 30
Acconeer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 150 million. Acconeer AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 150 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Tillkännagivande • Nov 23
Acconeer's A121-based XM126 IoT Module now available Acconeer's A121-based XM126 IoT Module now available. The XM126 IoT Module based on Acconeer's latest Pulsed Coherent Radar sensor. A121 is now available to buy for customers globally. With a battery life of up to ten years depending on use case and settings, this new module is the perfect choice for customers looking to create connected, battery-powered products. It is compatible with the XA122 Battery Board and the waterproof CA122 IoT Casing for easy integration and short time to market. The XM126 IoT Module is the second module featuring the new A121 pulsed coherent radar sensor, and will be a low power connected radar module in an optimized circular form factor with a diameter of 33 mm. This IoT module integrates the A121 sensor with the Nordic nRF52840 System on Chip (SoC) with a 32-bit 64 MHz Arm® Cortex®-M4 CPU. It comes with pre-certified Bluetooth connectivity (BLE) and is prepared for several options for wireless connectivity. Acconeer released the first radar module in December 2018, allowing customers to develop and launch products with industry leading accuracy and power consumption. Since then, the Acconeer product portfolio has expanded into a selection of sensors, modules and EVKs, with performance levels and feature sets matching a wide range of application areas. Reported Earnings • Oct 29
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: kr0.36 loss per share (improved from kr0.41 loss in 3Q 2022). Revenue: kr8.38m (down 31% from 3Q 2022). Net loss: kr9.59m (loss narrowed 9.9% from 3Q 2022). Revenue missed analyst estimates by 24%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 28
Acconeer AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024 Acconeer AB (publ) announced that they will report nine months, 2024 results on Oct 25, 2024 Tillkännagivande • Oct 25
Acconeer AB (publ) Announces Sales Starts for New Car Model Acconeer AB (publ)'s A1 pulsed coherent radar sensor is used in a new car model from one of the top two American high-volume car makers for the use case access control, which allows touchless opening of the trunk of a car. Acconeer estimates the total value of this model to USD 350,000 spread over seven years. Sale to this customer is reflected in sales to Acconeer's distributors. This new car model follows three previous models from the same car maker. Major Estimate Revision • Jul 28
Consensus revenue estimates fall by 39% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr76.0m to kr46.0m. Forecast losses increased from -kr1.00 to -kr1.70 per share. Electronic industry in Sweden expected to see average net income growth of 27% next year. Consensus price target up from kr60.00 to kr63.00. Share price was steady at kr26.05 over the past week. Breakeven Date Change • Jul 24
Forecast breakeven date pushed back to 2025 The analyst covering Acconeer previously expected the company to break even in 2024. New forecast suggests losses will reduce by 64% per year to 2024. The company is expected to make a profit of kr78.0m in 2025. Average annual earnings growth of 115% is required to achieve expected profit on schedule. Price Target Changed • Jul 24
Price target increased by 8.6% to kr63.00 Up from kr58.00, the current price target is provided by 1 analyst. New target price is 153% above last closing price of kr24.90. Stock is down 45% over the past year. The company is forecast to post a net loss per share of kr1.00 next year compared to a net loss per share of kr1.81 last year. New Risk • Jul 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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 Less than 1 year of cash runway based on free cash flow trend (-kr90m free cash flow). Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Revenue is less than US$5m (kr42m revenue, or US$4.1m). Market cap is less than US$100m (kr685.9m market cap, or US$66.0m). Reported Earnings • Jul 21
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: kr0.51 loss per share (further deteriorated from kr0.47 loss in 2Q 2022). Revenue: kr6.40m (down 41% from 2Q 2022). Net loss: kr13.5m (loss widened 11% from 2Q 2022). Revenue missed analyst estimates by 57%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic 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 only increased by 14% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 29
Acconeer AB (publ) Releases Breathing Rate Reference Application Acconeer AB announced new reference application for Acconeer's A121 Pulsed Coherent Radar sensor is intended to shorten the time to market for customers and will be available on the company's website this week. The global market for vital signs monitoring is growing rapidly and to measure respiratory rate is useful in a range of products and use cases. For example, a baby monitor measuring breathing rate can give important information to parents about their child's sleeping pattern. A device measuring respiratory rate on the nightstand can provide information about a sleeping person's general health status. It can also be a useful tool for monitoring sleep apnea. Recent Insider Transactions • Jun 13
Business Development Director recently sold kr102k worth of stock On the 9th of June, Magnus Gerward sold around 3k shares on-market at roughly kr34.00 per share. This transaction amounted to 9.6% 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 kr821k more than they bought in the last 12 months. Recent Insider Transactions • May 17
Business Development Director recently sold kr70k worth of stock On the 12th of May, Magnus Gerward sold around 2k shares on-market at roughly kr35.20 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr719k more than they bought in the last 12 months. Major Estimate Revision • Apr 28
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr91.0m to kr76.0m. Forecast losses increased from -kr0.50 to -kr1.00 per share. Electronic industry in Sweden expected to see average net income growth of 30% next year. Consensus price target of kr60.00 unchanged from last update. Share price fell 6.0% to kr35.80 over the past week. Reported Earnings • Mar 27
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: kr1.81 loss per share (improved from kr2.19 loss in FY 2021). Revenue: kr46.8m (up 50% from FY 2021). Net loss: kr47.2m (loss narrowed 7.8% from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Feb 24
Consensus revenue estimates decrease by 23%, EPS upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from kr118.0m to kr91.0m. EPS estimate increased from -kr0.90 to -kr0.50 per share. Electronic industry in Sweden expected to see average net income growth of 53% next year. Consensus price target of kr60.00 unchanged from last update. Share price fell 3.6% to kr37.70 over the past week. Reported Earnings • Feb 19
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: kr1.81 loss per share (improved from kr2.19 loss in FY 2021). Revenue: kr46.8m (up 50% from FY 2021). Net loss: kr47.2m (loss narrowed 7.8% from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year. Board Change • Nov 16
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. 3 experienced directors. 2 highly experienced directors. Director Johan Paulsson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr57.0m to kr48.0m. EPS estimate unchanged from -kr1.80 per share at last update. Electronic industry in Sweden expected to see average net income growth of 33% next year. Consensus price target of kr60.00 unchanged from last update. Share price fell 4.8% to kr39.10 over the past week. Reported Earnings • Oct 30
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: kr0.41 loss per share. Revenue: kr12.1m (up 54% from 3Q 2021). Net loss: kr10.6m (loss widened 3.3% from 3Q 2021). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden. Major Estimate Revision • Jul 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr72.0m to kr57.0m. EPS estimate increased from -kr2.00 to -kr1.80 per share. Electronic industry in Sweden expected to see average net income growth of 32% next year. Consensus price target up from kr58.00 to kr60.00. Share price rose 15% to kr51.50 over the past week. Breakeven Date Change • Jul 26
Forecast breakeven date pushed back to 2024 The analyst covering Acconeer previously expected the company to break even in 2023. New forecast suggests losses will reduce by 76% per year to 2023. The company is expected to make a profit of kr60.0m in 2024. Average annual earnings growth of 88% is required to achieve expected profit on schedule. Reported Earnings • Jul 25
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: kr0.47 loss per share. Revenue: kr10.8m (up 41% from 2Q 2021). Net loss: kr12.2m (loss widened 4.3% from 2Q 2021). Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 285%, compared to a 15% growth forecast for the industry in Sweden. Recent Insider Transactions Derivative • Jun 06
Head of Product Management exercised options and sold kr205k worth of stock On the 30th of May, Mikael Rosenhed exercised 11k options at a strike price of around kr28.79 and sold these shares for an average price of kr46.80 per share. This trade did not impact their existing holding. Mikael currently holds less than 1% of total shares outstanding. Company insiders have collectively sold kr126k more than they bought, via options and on-market transactions in the last 12 months. Board Change • Jun 01
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. 3 experienced directors. 2 highly experienced directors. Director Johan Paulsson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
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. 3 experienced directors. 2 highly experienced directors. Director Johan Paulsson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Apr 29
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from kr78.0m to kr72.0m. Losses expected to increase from kr1.50 per share to kr2.00. Electronic industry in Sweden expected to see average net income growth of 52% next year. Consensus price target of kr58.00 unchanged from last update. Share price fell 7.6% to kr57.10 over the past week. Price Target Changed • Apr 27
Price target increased to kr58.00 Up from kr44.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of kr59.50. Stock is up 44% over the past year. The company is forecast to post a net loss per share of kr2.00 next year compared to a net loss per share of kr2.19 last year. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: kr0.54 loss per share (down from kr0.51 loss in 1Q 2021). Revenue: kr10.1m (up 34% from 1Q 2021). Net loss: kr13.9m (loss widened 17% from 1Q 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 24%. Over the next year, revenue is forecast to grow 217%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Feb 25
Consensus revenue estimates fall by 26% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from kr106.0m to kr78.0m. Forecast losses increased from -kr1.30 to -kr1.50 per share. Electronic industry in Sweden expected to see average net income growth of 72% next year. Consensus price target of kr58.00 unchanged from last update. Share price fell 7.9% to kr46.00 over the past week. Reported Earnings • Feb 19
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: kr2.19 loss per share (up from kr2.85 loss in FY 2020). Revenue: kr33.4m (up 251% from FY 2020). Net loss: kr51.1m (loss narrowed 18% from FY 2020). Revenue exceeded analyst estimates by 64%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 218%, compared to a 16% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 19
Acconeer AB (publ) to Report Fiscal Year 2022 Results on Feb 17, 2023 Acconeer AB (publ) announced that they will report fiscal year 2022 results on Feb 17, 2023 Reported Earnings • Oct 30
Third quarter 2021 earnings released: kr0.44 loss per share (vs kr0.53 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr7.86m (up 183% from 3Q 2020). Net loss: kr10.3m (loss narrowed 16% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Major Estimate Revision • Jul 30
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast fell from kr31.0m to kr18.0m. EPS estimate unchanged from -kr2.21 per share at last update. Electronic industry in Sweden expected to see average net income growth of 27% next year. Consensus price target up from kr41.00 to kr44.00. Share price fell 5.9% to kr64.00 over the past week. Reported Earnings • Jul 24
Second quarter 2021 earnings released: kr0.50 loss per share (vs kr0.79 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: kr7.64m (up 372% from 2Q 2020). Net loss: kr11.7m (loss narrowed 31% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: kr0.51 loss per share (vs kr0.92 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr7.55m (up 251% from 1Q 2020). Net loss: kr11.9m (loss narrowed 33% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: kr2.85 loss per share (vs kr3.58 loss in FY 2019) Full year 2020 results: Net loss: kr62.3m (loss narrowed 9.1% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 02
New 90-day high: kr32.05 The company is up 70% from its price of kr18.88 on 02 December 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period. Major Estimate Revision • Feb 26
Analysts update estimates The 2021 consensus revenue estimate was lowered from kr33.0m to kr30.0m. The company's losses in 2021 are expected to improve with analysts raising their EPS forecasts from -kr2.67 to -kr2.20. The Electronic industry in Sweden is expected to see an average net income growth of 42% next year. The consensus price target of kr33.00 was unchanged from the last update. Share price is down by 4.9% to kr26.05 over the past week. Reported Earnings • Feb 21
Full year 2020 earnings released: kr2.85 loss per share (vs kr3.58 loss in FY 2019) Full year 2020 results: Net loss: kr62.3m (loss narrowed 9.1% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 21
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 247%, compared to a 9.6% growth forecast for the Electronic industry in Sweden. 