Board Change • May 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 Director Sofia Sahlberg was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 07
Knowit AB (publ), Annual General Meeting, Apr 29, 2026 Knowit AB (publ), Annual General Meeting, Apr 29, 2026, at 13:00 W. Europe Standard Time. Duyuru • Jun 19
Knowit AB (publ) (OM:KNOW) agreed to acquire Insicon Ab with an enterprise value of SEK 35 million. Knowit AB (publ) (OM:KNOW) agreed to acquire Insicon Ab with an enterprise value of SEK 35 million on June 19, 2025. A potential earn-out may be payable, depending on specific commercial conditions. Knowit estimates that the earn-out will be recognized at approximately SEK 50 million in the acquisition balance sheet on the closing date. The business will be integrated under the Knowit brand during the fall. The acquisition strengthens Knowit's position within fintech through a platform-based consulting offering tailored for clients in the banking, finance, and insurance sectors.
The acquisition of Insicon is expected to be completed in early July, 2025. Duyuru • Jun 18
Knowit AB (publ) (OM:KNOW) agreed to acquire Milso Ab for SEK 51 million. Knowit AB (publ) (OM:KNOW) agreed to acquire Milso Ab for SEK 51 million on June 18, 2025. Knowit AB will pay an enterprise value amounts to SEK 47 million, covering 100% of the company’s shares. A potential additional consideration may amount to a maximum of SEK 4 million, depending on specific commercial conditions. The acquisition of Milso AB is expected to be completed during the third quarter, and the business will be integrated during the autumn into Knowit’s existing operations serving the defense industry. Duyuru • May 06
Right People Group ApS agreed to acquire Knowit Consulting Services A/S from Knowit AB (publ) (OM:KNOW) in a transaction valued at DKK 96 million. Right People Group ApS agreed to acquire Knowit Consulting Services A/S from Knowit AB (publ) (OM:KNOW) in a transaction valued at DKK 96 million on May 5, 2025. The sale to Right People Group A/S will be performed at a valuation of DKK 96 million on a cash and debt-free basis. The deal is expected to be completed in the third quarter of 2025. The acquisition is subject to approval from the Danish competition authorities and decision is expected during the second quarter of 2025. Duyuru • Mar 26
Knowit AB (publ) Proposes Dividend for the Financial Year of 2024, Payable on May 7, 2025, and November 21, 2025 The Board of Directors of Knowit AB (publ) proposes that the dividend for the financial year of 2024 shall be SEK 2.30 per share, in total SEK 62,805,180 to be paid on two occasions, as in the previous year. The Board of Directors proposes a dividend of SEK 1.15 with a planned record date on May 2, 2025, and SEK 1.15 with a planned record date on November 18, 2025. The dividends are expected to be distributed through Euroclear Sweden AB on May 7, 2025, and November 21, 2025, respectively. Duyuru • Feb 08
Knowit AB (publ), Annual General Meeting, Apr 29, 2025 Knowit AB (publ), Annual General Meeting, Apr 29, 2025, at 13:00 W. Europe Standard Time. Location: sveavagen 20, stockholm Sweden Duyuru • Nov 08
Knowit's Chairman of the Board, Jon Risfelt Declines Re-Election Knowit's Chairman of the Board, Jon Risfelt, has announced that he will not stand for re-election as Chairman of Knowit's Board of Directors. Jon Risfelt has been a member of Knowit's Board since 2013 and Chairman since 2020. Jon will remain as Chairman until the Annual General Meeting on April 29, 2025. The Nomination Committee's complete proposal will be published no later than in conjunction with the notice of the Annual General Meeting. Upcoming Dividend • Nov 08
Upcoming dividend of kr2.60 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 21 November 2024. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.3%). Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr0.12 (vs kr1.08 in 3Q 2023) Third quarter 2024 results: EPS: kr0.12 (down from kr1.08 in 3Q 2023). Revenue: kr1.33b (down 14% from 3Q 2023). Net income: kr3.20m (down 89% from 3Q 2023). Profit margin: 0.2% (down from 1.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. New Risk • Oct 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (90% payout ratio). Profit margins are more than 30% lower than last year (2.4% net profit margin). Duyuru • Oct 11
Knowit AB (publ) Announces Appointments to Nomination Committee Knowit AB (publ)'s Nomination Committee ahead of the AGM 2025 has been appointed. Pursuant to the instruction to the Nomination Committee of Knowit AB, the Nomination Committee shall consist of one representative for each of the three largest registered shareholders that wish to participate in the work, along with the Chairman of the Board. The new Nomination Committee consists of: Jonas Backman, appointed by Protector Forsikring ASA Niklas Flyborg, appointed by JCE Group AB Teresa Enander, appointed by Formica Capital AB Jon Risfelt, Chairman of the Board. Board Change • Oct 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. 4 experienced directors. 2 highly experienced directors. Director Olof Cato was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 22
Second quarter 2024 earnings released: EPS: kr0.11 (vs kr0.71 in 2Q 2023) Second quarter 2024 results: EPS: kr0.11 (down from kr0.71 in 2Q 2023). Revenue: kr1.68b (down 4.4% from 2Q 2023). Net income: kr3.00m (down 85% from 2Q 2023). Profit margin: 0.2% (down from 1.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Germany. Recent Insider Transactions • May 26
President & CEO recently bought €87k worth of stock On the 21st of May, Per Wallentin bought around 6k shares on-market at roughly €15.76 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of €178k worth in shares. Declared Dividend • May 07
Dividend of kr2.60 announced Shareholders will receive a dividend of kr2.60. Ex-date: 15th November 2024 Payment date: 21st November 2024 Dividend yield will be 21%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: kr2.23 (vs kr3.64 in 1Q 2023) First quarter 2024 results: EPS: kr2.23 (down from kr3.64 in 1Q 2023). Revenue: kr1.77b (down 10% from 1Q 2023). Net income: kr61.0m (down 39% from 1Q 2023). Profit margin: 3.5% (down from 5.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Upcoming Dividend • Apr 29
Upcoming dividend of kr2.60 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%). Declared Dividend • Apr 07
Final dividend of kr2.60 announced Shareholders will receive a dividend of kr2.60. Ex-date: 6th May 2024 Payment date: 10th May 2024 Dividend yield will be 22%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 28
Knowit AB (Publ) Proposes Dividend for the Financial Year of 2023, Payable on May 10, 2024, and November 21, 2024, Respectively Knowit AB (publ) announced that at its Annual General Meeting to be held on May 3, 2024, The Board of Directors proposes that the dividend for the financial year of 2023 shall be SEK 5.20 per share, in total SEK 142,212,720 to be paid on two occasions, as in the previous year. Board of Director proposes a dividend of SEK 2.60 with a planned record date on May 7, 2024, and SEK 2.60 with a planned record date on November 18, 2024. The dividends are expected to be distributed through Euroclear Sweden AB on May 10, 2024, and November 21, 2024, respectively. Duyuru • Mar 21
Knowit AB (publ), Annual General Meeting, May 03, 2024 Knowit AB (publ), Annual General Meeting, May 03, 2024. Duyuru • Feb 21
Knowit Announces Executive Changes Fredrik Ekerhovd, currently Head of Knowit Experience, will take over responsibility for the business area Solutions. At the same time, Kenneth Gvein is appointed as new Head of Knowit Experience. Fredrik Ekerhovd has been part of Knowit's corporate management team since 2016 in the role as Head of Experience. Fredrik will take over after Åsa Holmberg who, after more than ten years at Knowit, of which the last six years have been as Head of Knowit Solutions, will step down from her position to become CEO of Tyréns Group. Solutions is Knowit's business area, with around 1,900 consultants and operations on all Knowit's markets in the Nordic region. In connection with Fredrik Ekerhovd shouldering the role as Head of Knowit Solutions, Kenneth Gvein has been appointed as the new Head of Knowit Experience. Kenneth Gvein has had multiple roles within Knowit since 2014 and is already part of the business area's management team. The changes in the corporate management team will take place during the second quarter, after finalizing discussions with all the involved parties. Knowit Solutions offers tailormade systems and digital solutions at the cutting edge of technology to companies and organizations, primarily in the Nordic region. Solutions has several larger collaborations in the public sector, contributing to developing important societal functions, for instance on the Norwegian Police's digital platforms and in a new, modern visa system for the Finnish Foreign Ministry. Knowit Experience currently has over 900 employees and has a client offer taking responsibility for the entire digital customer experience. With competence in web, e-commerce, analytics, marketing, and design, it helps companies and organizations with their digital transformations. At the start of the year, Knowit Experience was appointed a global partner working with Telenor Group's brand strategy and identity. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr8.74 (vs kr14.05 in FY 2022) Full year 2023 results: EPS: kr8.74 (down from kr14.05 in FY 2022). Revenue: kr7.11b (up 4.1% from FY 2022). Net income: kr239.6m (down 38% from FY 2022). Profit margin: 3.4% (down from 5.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Upcoming Dividend • Nov 08
Upcoming dividend of kr3.75 per share at 5.0% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 21 November 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €11.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 39% over the past year. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: kr1.08 (vs kr0.69 in 3Q 2022) Third quarter 2023 results: EPS: kr1.08 (up from kr0.69 in 3Q 2022). Revenue: kr1.54b (up 1.5% from 3Q 2022). Net income: kr29.5m (up 55% from 3Q 2022). Profit margin: 1.9% (up from 1.2% in 3Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Recent Insider Transactions • Jul 23
President & CEO recently bought €59k worth of stock On the 20th of July, Per Wallentin bought around 5k shares on-market at roughly €11.71 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €97k. Per has been a buyer over the last 12 months, purchasing a net total of €188k worth in shares. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr0.71 (vs kr4.71 in 2Q 2022) Second quarter 2023 results: EPS: kr0.71 (down from kr4.71 in 2Q 2022). Revenue: kr1.76b (up 6.9% from 2Q 2022). Net income: kr19.5m (down 85% from 2Q 2022). Profit margin: 1.1% (down from 7.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. New Risk • Jun 21
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 German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Recent Insider Transactions • May 05
President & CEO recently bought €97k worth of stock On the 3rd of May, Per Wallentin bought around 5k shares on-market at roughly €19.31 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Per's only on-market trade for the last 12 months. Duyuru • May 04
Knowit AB (Publ) Approves A Dividend, Payable on May 10, 2023 and November 21, 2023 Knowit AB (publ) at its Annual General Meeting held on May 3, 2023, resolved in accordance with the Board's proposal, on a dividend of SEK 7.50 per share divided on two occasions of SEK 3.75 per share and dividend occasion. The record dates for the dividend shall be May 5, 2023 and November 16, 2023. The dividend is expected to be distributed through Euroclear Sweden AB on May 10, 2023 and on November 21, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: kr3.64 (vs kr4.34 in 1Q 2022) First quarter 2023 results: EPS: kr3.64 (down from kr4.34 in 1Q 2022). Revenue: kr1.97b (up 16% from 1Q 2022). Net income: kr99.8m (down 16% from 1Q 2022). Profit margin: 5.1% (down from 7.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Upcoming Dividend • Apr 27
Upcoming dividend of kr3.75 per share at 3.3% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: kr14.05 (vs kr12.26 in FY 2021) Full year 2022 results: EPS: kr14.05 (up from kr12.26 in FY 2021). Revenue: kr6.83b (up 42% from FY 2021). Net income: kr385.0m (up 33% from FY 2021). Profit margin: 5.6% (down from 6.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Duyuru • Feb 07
Knowit AB (publ) Proposes Increased Dividends The Board of Knowit AB (publ) proposed increased dividends of SEK 7.50 per share against SEK 7.00 a year ago. Upcoming Dividend • Nov 08
Upcoming dividend of kr3.50 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.9%). Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr0.69 (vs kr1.93 in 3Q 2021) Third quarter 2022 results: EPS: kr0.69 (down from kr1.93 in 3Q 2021). Revenue: kr1.52b (up 28% from 3Q 2021). Net income: kr19.0m (down 64% from 3Q 2021). Profit margin: 1.2% (down from 4.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Duyuru • Sep 07
Knowit AB (publ) (OM:KNOW) acquired Ascend AB/Ionic AB for SEK 250 million. Knowit AB (publ) (OM:KNOW) acquired Ascend AB/Ionic AB for SEK 250 million on September 6, 2022. Enterprise Value for Companies initially totals SEK 200 million. Additional Consideration can be paid out, conditional upon EBITDA level for 2022 And 2023 respectively in acquired entities. Additional consideration is estimated at SEK 50 million, which will also be included in acquisition balance sheet on day of acquisition. Operations within Ascend And Ionic will gradually be integrated into Knowit Brand. Ascend AB and its sister company Ionic AB has total of around 60 employees in Stockholm.
Knowit AB (publ) (OM:KNOW) completed the acquisition of Ascend AB/Ionic AB for SEK 250 million on September 6, 2022. 
