Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Daniel Johansson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 25
Insplorion AB (publ), Annual General Meeting, May 28, 2026 Insplorion AB (publ), Annual General Meeting, May 28, 2026, at 11:30 W. Europe Standard Time. Location: biotech center arvid wallgrens backe 20 (floor 5), gothenburg Sweden Duyuru • May 05
Insplorion Officially Launches the Insplorion NPS-P2 Hydrogen Detects Insplorion announced the official launch of the Insplorion NPS-P2 hydrogen detector. The Insplorion NPS -P2 has been developed to detect hydrogen quickly and selectively in low-oxygen (inerted) environments to enable safe and efficient hydrogen systems in safety-critical applications. With a response time under 5 seconds, it is one of the fastest hydrogen sensors on the market. The NPS-P2's uniqueness has already been confirmed by several orders from customers in various industries even before today's official launch. Duyuru • Apr 02
Insplorion AB (publ), Annual General Meeting, May 07, 2025 Insplorion AB (publ), Annual General Meeting, May 07, 2025, at 16:00 W. Europe Standard Time. Location: at biotech center, arvid wallgrens backe 20 (floor 7), gothenburg Sweden Reported Earnings • Sep 04
Second quarter 2024 earnings released: kr0.23 loss per share (vs kr0.54 loss in 2Q 2023) Second quarter 2024 results: kr0.23 loss per share (improved from kr0.54 loss in 2Q 2023). Revenue: kr1.36m (down 13% from 2Q 2023). Net loss: kr5.38m (loss narrowed 24% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Duyuru • Aug 22
Insplorion AB (publ) to Report Q3, 2024 Results on Nov 22, 2024 Insplorion AB (publ) announced that they will report Q3, 2024 results on Nov 22, 2024 Duyuru • Jul 09
Insplorion AB (Publ) Announces CFO Changes Insplorion AB (publ) announced that Per Giljam will leave his position as CFO at the company. Per has been the CFO of Insplorion since 2021 and will remain in his role until August 31, 2024. Initially the CFO function will be secured through an interim solution with Business Control Partner Norden AB, and Daniel Lundberg is appointed external CFO as per September 1, 2024. Per has also been the appointed IR-responsible, this role is assumed by the CEO. Reported Earnings • Apr 24
First quarter 2024 earnings released: kr0.20 loss per share (vs kr0.44 loss in 1Q 2023) First quarter 2024 results: kr0.20 loss per share (improved from kr0.44 loss in 1Q 2023). Revenue: kr1.63m (up 25% from 1Q 2023). Net loss: kr4.16m (loss narrowed 28% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. New Risk • Feb 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% 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 Less than 1 year of cash runway based on free cash flow trend (-kr19m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (kr7.5m revenue, or US$717k). Market cap is less than US$10m (€5.24m market cap, or US$5.65m). Duyuru • Jan 24
Insplorion AB (Publ) to Launch an Atex Certified H2 Leak Detector in First Quarter 2025 Following a time of intense market investigations and product development efforts, Insplorion AB (publ) announced the timeline for its first certified H2 leak detector. The company now take first product through the ATEX certification process, this step marks the transition from a development company to a product company. Safety is of critical importance when dealing with hydrogen, and leakages must be detected quickly. The Insplorion hydrogen sensor has proven to do just that. It is very fast and specific for hydrogen, even in the presence of other gases. Therefore, Insplorion is now thrilled to announce the timeline for the launch of an ATEX certified H2 leak detector. The initial product that will be certified and launched in First Quarter 2025 is aimed for use in inert environments - i.e. where oxygen levels are reduced around the hydrogen installation to increase the safe use of hydrogen. This product choice is based on feedback from numerous customer dialogues, in particular from the maritime segment where several system solutions are in a pilot phase with a scheduled market launch in the coming years. This announcement clearly marks that Insplorion now enters its next phase. Reported Earnings • Oct 26
Third quarter 2023 earnings released: kr0.21 loss per share (vs kr0.49 loss in 3Q 2022) Third quarter 2023 results: kr0.21 loss per share (improved from kr0.49 loss in 3Q 2022). Revenue: kr3.04m (up 12% from 3Q 2022). Net loss: kr2.75m (loss narrowed 58% from 3Q 2022). Reported Earnings • Aug 18
Second quarter 2023 earnings released: kr0.54 loss per share (vs kr0.38 loss in 2Q 2022) Second quarter 2023 results: kr0.54 loss per share (further deteriorated from kr0.38 loss in 2Q 2022). Revenue: kr1.56m (up 37% from 2Q 2022). Net loss: kr7.11m (loss widened 43% from 2Q 2022). Reported Earnings • Apr 30
First quarter 2023 earnings released: kr0.44 loss per share (vs kr0.35 loss in 1Q 2022) First quarter 2023 results: kr0.44 loss per share (further deteriorated from kr0.35 loss in 1Q 2022). Revenue: kr1.31m (down 10.0% from 1Q 2022). Net loss: kr5.81m (loss widened 28% from 1Q 2022). Reported Earnings • Feb 24
Full year 2022 earnings released: kr1.63 loss per share (vs kr0.89 loss in FY 2021) Full year 2022 results: kr1.63 loss per share (further deteriorated from kr0.89 loss in FY 2021). Revenue: kr6.81m (down 29% from FY 2021). Net loss: kr21.3m (loss widened 83% from FY 2021). Board Change • Nov 16
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. 6 non-independent directors. Director Magnus Jonsson was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: kr0.49 loss per share (vs kr0.091 loss in 3Q 2021) Third quarter 2022 results: kr0.49 loss per share (further deteriorated from kr0.091 loss in 3Q 2021). Revenue: kr2.72m (down 17% from 3Q 2021). Net loss: kr6.47m (loss widened 444% from 3Q 2021). Reported Earnings • Aug 24
Second quarter 2022 earnings released: kr0.38 loss per share (vs kr0.28 loss in 2Q 2021) Second quarter 2022 results: kr0.38 loss per share (down from kr0.28 loss in 2Q 2021). Net loss: kr4.96m (loss widened 36% from 2Q 2021). Reported Earnings • May 20
First quarter 2022 earnings released: kr0.35 loss per share (vs kr0.29 loss in 1Q 2021) First quarter 2022 results: kr0.35 loss per share (down from kr0.29 loss in 1Q 2021). Net loss: kr4.53m (loss widened 21% from 1Q 2021). Board Change • Apr 27
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. 6 non-independent directors. Director Magnus Jonsson was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: kr0.89 loss per share (vs kr1.27 loss in FY 2020) Full year 2021 results: kr0.89 loss per share (up from kr1.27 loss in FY 2020). Net loss: kr11.6m (loss narrowed 9.2% from FY 2020). Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: kr0.89 loss per share (up from kr1.27 loss in FY 2020). Net loss: kr11.6m (loss narrowed 9.2% from FY 2020). Revenue exceeded analyst estimates by 17%. Over the next year, revenue is expected to shrink by 58% compared to a 23% growth forecast for the industry in Germany. Reported Earnings • Oct 29
Third quarter 2021 earnings released: kr0.09 loss per share (vs kr0.26 loss in 3Q 2020) Third quarter 2021 results: Net loss: kr1.19m (loss narrowed 53% from 3Q 2020). Executive Departure • Sep 09
Chief Financial Officer Henrik Landervik has left the company On the 6th of September, Henrik Landervik's tenure as Chief Financial Officer ended. We don't have any record of a personal shareholding under Henrik's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Aug 26
Second quarter 2021 earnings released: kr0.28 loss per share (vs kr0.33 loss in 2Q 2020) Second quarter 2021 results: Net loss: kr3.64m (loss widened 13% from 2Q 2020). Reported Earnings • May 21
First quarter 2021 earnings released: kr0.29 loss per share (vs kr0.26 loss in 1Q 2020) First quarter 2021 results: Net loss: kr3.75m (loss widened 47% from 1Q 2020). Reported Earnings • Mar 26
Full year 2020 earnings released: kr1.27 loss per share (vs kr0.99 loss in FY 2019) Full year 2020 results: Net loss: kr12.8m (loss widened 49% from FY 2019). Duyuru • Mar 11
Insplorion AB (publ) Announces Successful Results in Multiplex Battery Sensor Development Project The project "A multiplex plasmonic battery sensor for improved battery control", funded by the Swedish Energy Agency's Battery Fund Program, has been finalized with positive results. Insplorion AB (publ)'s battery sensor and the underlying measurement technology NanoPlasmonic Sensing (NPS) have been improved within the project. Among other things, the sensor's long-term stability and reproducibility have been enhanced. The development work has led to an improved integration of the sensor in coin cells, which has made it possible to obtain data with high statistics and reproducibility. The chemical stability of the sensor, and thus its service life, has been improved by coating the sensor with an ultra-thin, approximately 50 nm thick, layer of a chemically stable polymer. Commercial electrodes and electrolytes have been used to further increase the reproducibility of the data obtained. Within the framework of the project, the sensor signal has also been correlated with chemical processes, such as the loss of capacity and the state of charge of the cells.Measurements have mainly been performed on lithium ion whole and half cells with graphite anodes and lithium iron phosphate (LFP) cathodes. In this project, the first steps have been taken to develop a multiplex sensor for simultaneous measurements of chemical /structural changes and temperature changes, inside battery cells, with a single fiber probe. Work on developing a multiplex sensor will now continue at Insplorion. Reported Earnings • Feb 25
Full year 2020 earnings released: kr1.27 loss per share (vs kr0.99 loss in FY 2019) Full year 2020 results: Net loss: kr12.8m (loss widened 49% from FY 2019).