Upcoming Dividend • 16h
Upcoming dividend of kr1.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 14%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.3%). Reported Earnings • 16h
First quarter 2026 earnings released: EPS: kr0.11 (vs kr0.083 in 1Q 2025) First quarter 2026 results: EPS: kr0.11 (up from kr0.083 in 1Q 2025). Revenue: kr152.4m (up 4.1% from 1Q 2025). Net income: kr7.24m (up 184% from 1Q 2025). Profit margin: 4.8% (up from 1.7% in 1Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Henrik Christensen was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 28
Arribatec Group ASA announces Annual dividend Arribatec Group ASA announced Annual dividend of NOK 1.0000 per share, ex-date on May 28, 2026 and record date on May 29, 2026. Duyuru • Feb 07
Arribatec Group ASA, Annual General Meeting, May 27, 2026 Arribatec Group ASA, Annual General Meeting, May 27, 2026. Duyuru • Jun 05
Arribatec Group ASA Elects Members to Nomination Committee Arribatec Group ASA at its annual general meeting held on 5 June 2025 elected Espen Lundaas (leader) and Espen Westeren (member) to the nomination committee. Duyuru • Mar 06
Star Information Systems AS acquired Arribatec Marine from Arribatec Group ASA (OB:ARR) NOK 25 million. Star Information Systems AS acquired Arribatec Marine from Arribatec Group ASA (OB:ARR) for NOK 25 million on March 4, 2025.
Star Information Systems AS completed the acquisition of Arribatec Marine from Arribatec Group ASA (OB:ARR) on March 4, 2025. Duyuru • Feb 26
Arribatec Group Asa Announces CEO Changes Arribatec Group ASA announced that its Chief Executive Officer, Geir Johansen, will be stepping down from his role effective 1 March 2025. After three years of dedicated service, Mr. Johansen has decided to pursue new opportunities and personal endeavours. The Board has appointed Ole Jakob Kjølvik as interim CEO. Mr. Kjølvik knows the group well both as the former COO and currently as EVP of EA&BPM and the Board is confident that he is in a good position to lead Arribatec going forward. Mr. Johansen will for a period be available to support Mr. Kjølvik as he takes over the reins. The Board will initiate an extensive search for a new CEO including both external and internal candidates. Duyuru • Jan 30
Arribatec Group ASA has completed a Follow-on Equity Offering in the amount of NOK 35 million. Arribatec Group ASA has completed a Follow-on Equity Offering in the amount of NOK 35 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 350,000,000
Price\Range: NOK 0.1
Transaction Features: Regulation S; Rights Offering; Rule 144A Duyuru • Dec 24
Arribatec Group ASA, Annual General Meeting, May 28, 2025 Arribatec Group ASA, Annual General Meeting, May 28, 2025. Duyuru • Nov 07
Arribatec Group ASA has filed a Follow-on Equity Offering in the amount of NOK 35 million. Arribatec Group ASA has filed a Follow-on Equity Offering in the amount of NOK 35 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 350,000,000
Price\Range: NOK 0.1
Transaction Features: Rights Offering New Risk • Oct 01
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 German stocks, typically moving 18% 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 (18% average weekly change). Market cap is less than US$10m (€8.02m market cap, or US$8.88m). Minor Risk Currently unprofitable and not forecast to become profitable next year (kr14m net loss next year). New Risk • Sep 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.23m (US$9.16m) This is considered a major 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 Market cap is less than US$10m (€8.23m market cap, or US$9.16m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr14m net loss next year). Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Aug 16
Second quarter 2024 earnings released: kr0.15 loss per share (vs kr0.055 loss in 2Q 2023) Second quarter 2024 results: kr0.15 loss per share (further deteriorated from kr0.055 loss in 2Q 2023). Revenue: kr150.1m (up 1.3% from 2Q 2023). Net loss: kr10.6m (loss widened 177% from 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the IT industry in Germany. 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 38% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2023 earnings released: kr0.33 loss per share (vs kr1.27 loss in FY 2022) Full year 2023 results: kr0.33 loss per share (improved from kr1.27 loss in FY 2022). Revenue: kr573.0m (up 14% from FY 2022). Net loss: kr23.1m (loss narrowed 72% from FY 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. New Risk • Mar 07
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: kr23m Forecast net loss in 2 years: kr13m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (€24.3m market cap, or US$26.5m). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.34 loss per share (vs kr1.27 loss in FY 2022) Full year 2023 results: kr0.34 loss per share (improved from kr1.27 loss in FY 2022). Revenue: kr573.0m (up 14% from FY 2022). Net loss: kr23.4m (loss narrowed 72% from FY 2022). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2023 earnings released: kr0.04 loss per share (vs kr0.03 loss in 3Q 2022) Third quarter 2023 results: kr0.04 loss per share. Revenue: kr131.8m (up 12% from 3Q 2022). Net loss: kr2.92m (loss narrowed 83% from 3Q 2022). Buying Opportunity • Oct 24
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year. Earnings per share has grown by 44%. Recent Insider Transactions • Sep 03
Director recently bought €86k worth of stock On the 1st of September, Terje Mjos bought around 199k shares on-market at roughly €0.43 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 €149k more in shares than they have sold in the last 12 months. Board Change • Aug 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Linn Hoie was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 08
Arribatec Group ASA to Report Q2, 2023 Results on Aug 17, 2023 Arribatec Group ASA announced that they will report Q2, 2023 results at 7:30 AM, Central European Standard Time on Aug 17, 2023 Duyuru • May 23
Arribatec Group ASA Announces Resignation of Henrik Lie-Nielsen from the Board Arribatec Group ASA announced the resignation of Henrik Lie-Nielsen from the board. Duyuru • May 11
Arribatec Group ASA to Report Q1, 2023 Results on May 11, 2023 Arribatec Group ASA announced that they will report Q1, 2023 results at 7:30 AM, Central European Standard Time on May 11, 2023 Reported Earnings • Feb 15
Full year 2022 earnings released: kr0.13 loss per share (vs kr0.10 loss in FY 2021) Full year 2022 results: kr0.13 loss per share (further deteriorated from kr0.10 loss in FY 2021). Revenue: kr505.0m (up 22% from FY 2021). Net loss: kr83.4m (loss widened 71% from FY 2021). Reported Earnings • Nov 19
Third quarter 2022 earnings released: kr0.03 loss per share (vs kr0.041 loss in 3Q 2021) Third quarter 2022 results: kr0.03 loss per share (improved from kr0.041 loss in 3Q 2021). Revenue: kr118.2m (up 25% from 3Q 2021). Net loss: kr17.3m (loss narrowed 12% from 3Q 2021). Board Change • Nov 17
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman of the Board Martin Nes is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 20
Second quarter 2022 earnings released: kr0.03 loss per share (vs kr0.016 loss in 2Q 2021) Second quarter 2022 results: kr0.03 loss per share (down from kr0.016 loss in 2Q 2021). Revenue: kr120.2m (up 15% from 2Q 2021). Net loss: kr19.7m (loss widened 178% from 2Q 2021). Over the next year, revenue is forecast to grow 26%, compared to a 13% growth forecast for the IT industry in Germany. Duyuru • Jul 14
Arribatec Solutions ASA has completed a Follow-on Equity Offering in the amount of NOK 10 million. Arribatec Solutions ASA has completed a Follow-on Equity Offering in the amount of NOK 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: NOK 0.5
Transaction Features: Rights Offering Reported Earnings • May 25
First quarter 2022 earnings released: kr0.03 loss per share (vs kr0.001 profit in 1Q 2021) First quarter 2022 results: kr0.03 loss per share (down from kr0.001 profit in 1Q 2021). Revenue: kr125.9m (up 27% from 1Q 2021). Net loss: kr19.5m (down kr20.1m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 18% growth forecast for the industry in Germany. Duyuru • May 10
Arribatec Solutions ASA, Annual General Meeting, May 30, 2022 Arribatec Solutions ASA, Annual General Meeting, May 30, 2022, at 14:00 Central European Standard Time. Location: The offices of law firm Schjødt, Ruseløkkveien 14, Oslo Norway Agenda: To approve the annual accounts for 2021 and the board of directors' report for the company and the group; to approve the auditor's remuneration in accordance with invoice for audit and audit related services for the financial year 2020; to consider company's statement on corporate governance executed in accordance with section 3-3 (b) of the Norwegian Accounting Act; and to consider other matters. Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Yvonne Sandvold is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.10 loss per share (up from kr0.18 loss in FY 2020). Revenue: kr413.9m (up 169% from FY 2020). Net loss: kr48.9m (loss narrowed 12% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 15% growth forecast for the industry in Germany. Recent Insider Transactions • Sep 15
Director recently sold €18m worth of stock On the 13th of September, Oystein Spetalen sold around 117m shares on-market at roughly €0.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Duyuru • May 06
Arribatec Solutions ASA (OB:ARR) signed a letter of intent to acquire Integra Associates Limited. Arribatec Solutions ASA (OB:ARR) signed a letter of intent to acquire Integra Associates Limited on May 4, 2021. As per the transaction, Arribatec Solutions ASA will acquire Integra Associates Limited for an enterprise value of £1.5 million, for which Arribatec Solutions ASA will pay £1.1 million in cash and £0.38 million in shares plus an earn-out element. The transaction is subject to due diligence and other customary conditions and is expected to close during the second quarter of 2021. Duyuru • Feb 25
Arribatec Solutions ASA (OB:ARR) completed the acquisition of Qualisoft AS. Arribatec Solutions ASA (OB:ARR) signed a letter of intent to acquire Qualisoft AS for NOK 75.6 million on December 2, 2020. On february 24, 2021, the agreement for the acquisition is signed. Under the terms, Arribatec will pay NOK 45 million in cash and issue NOK 30 million in shares in Arribatec at NOK 2. Arribatec and Qualisoft combined (including all recently announced Arribatec acquisitions) expect proforma annual run rate revenues at the end of 2020 in the range of NOK 420 million whereof 33% revenue from international operations and annual recurring revenue of 35%, and a positive EBITDA.
Arribatec Solutions ASA (OB:ARR) completed the acquisition of Qualisoft AS on February 24, 2021. Duyuru • Feb 11
Arribatec Solutions ASA (OB:ARR) entered into an agreement to acquire Professional answer, Comunicaciones Bancarias Internacionales, Siges Solutions and Virtual Software from HODEI GROUP for €4.1 million. Arribatec Solutions ASA (OB:ARR) entered into an agreement to acquire Professional answer, Comunicaciones Bancarias Internacionales, Siges Solutions and Virtual Software from HODEI GROUP for €4.1 million on February 10, 2021. As per the transaction, Arribatec Solutions ASA will pay €0.9 million in cash and will issue 16 million shares to HODEI GROUP. As a part of the transaction, Miguel Toran and its team will join Arribatec Solutions ASA. The solutions from the HODEI GROUP companies can be integrated with any ERP system and will be offered through Arribatec Solutions ASA as a Service. As on December 31, 2020, Professional answer, Comunicaciones Bancarias Internacionales, Siges Solutions and Virtual Software generated combined revenues of €4.0 million and EBITDA of €0.6 million. Duyuru • Feb 02
Arribatec Solutions ASA's Subsidiary Enters into Five-Year Solution as Service Contracts with Research Institutes in Norway with A Total Value of NOK 25 Million A subsidiary of Arribatec Solutions ASA has entered into five-year Solution as a Service (SolaaS) contracts with research institutes in Norway with a total value of NOK 25 million. Arribatec has also delivered two other SolaaS projects in Norway and Germany, of which one will be expanded further to Poland, Sweden, Denmark, Finland, France, Italy and UK. The total value of these projects is more than NOK 11 million over the next 5 years, and including the research institutes the total contract value combined are more than NOK 36 million over 5 years. Duyuru • Dec 03
Arribatec Solutions ASA (OB:ARR) signed a letter of intent to acquire Qualisoft AS for NOK 75.6 million. Arribatec Solutions ASA (OB:ARR) signed a letter of intent to acquire Qualisoft AS for NOK 75.6 million on December 2, 2020. Under the terms, Arribatec will pay NOK 45 million in cash and issue NOK 30 million in shares in Arribatec at NOK 2. Arribatec and Qualisoft combined (including all recently announced Arribatec acquisitions) expect proforma annual run rate revenues at the end of 2020 in the range of NOK 420 million whereof 33% revenue from international operations and annual recurring revenue of 35%, and a positive EBITDA. Duyuru • Nov 12
Arribatec Solutions ASA (OB:ARR) entered into a share purchase agreement to acquire Microsky As from Tom Christian Mikkelsen, Geir Helge Nygjerde and Stacc Insight As for NOK 11.3 million. Arribatec Solutions ASA (OB:ARR) entered into a share purchase agreement to acquire Microsky As from Tom Christian Mikkelsen, Geir Helge Nygjerde and Stacc Insight As for NOK 11.3 million on November 11, 2020. Under the terms, Arribatec will pay NOK 1.5 million cash and will issue 3.5 million Arribatec shares. Tom and Geir will continue with Arribatec and have agreed to an 18 months lock-up period for their shares. Duyuru • Nov 10
Arribatec Solutions ASA acquired Facil AS. Arribatec Solutions ASA acquired Facil AS on November 9, 2020. The transaction will be settled by issuance of 12.4232 million shares in Arribatec Solutions ASA at a subscription price of NOK 1.50 per share, ex dividend. The Facil AS team of 4 employees and founders holding 70.4% of the shares in Facil prior to the transaction will continue with Arribatec Solutions ASA.
Arribatec Solutions ASA completed the acquisition of Facil AS on November 9, 2020.