Board Change • Apr 15
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. Recent Insider Transactions • Mar 20
Director recently bought kr2.6m worth of stock On the 13th of March, Terje Mjos bought around 391k shares on-market at roughly kr6.54 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr4.4m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to kr6.72, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 29x in the IT industry in the United Kingdom. Total returns to shareholders of 117% over the past year. New Risk • Mar 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 198% Dividend per share is over 8x cash flows per share. Dividend yield: 11% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 198% Dividend per share is over 8x cash flows per share. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr620.6m market cap, or US$64.6m). Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: kr0.51 (vs kr11.89 loss in FY 2024) Full year 2025 results: EPS: kr0.51 (up from kr11.89 loss in FY 2024). Revenue: kr578.8m (flat on FY 2024). Net income: kr24.7m (up kr107.4m from FY 2024). Profit margin: 4.3% (up from net loss in FY 2024). Board Change • Mar 02
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. Board Change • Jan 07
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. Board Change • Nov 12
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. Recent Insider Transactions • Sep 24
Insider recently bought kr313k worth of stock On the 22nd of September, Tom Vandezande bought around 400k shares on-market at roughly kr0.78 per share. This transaction increased Tom's direct individual holding by 33x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr695k. Insiders have collectively bought kr1.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 05
Executive Vice President of Cloud recently bought kr80k worth of stock On the 4th of September, Erik Sundet bought around 133k shares on-market at roughly kr0.60 per share. This transaction increased Erik's direct individual holding by 4x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr695k. Insiders have collectively bought kr1.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 14
Chairman of the Board recently bought kr695k worth of stock On the 12th of August, Hakon Reistad Fure bought around 1m shares on-market at roughly kr0.64 per share. This transaction amounted to 3.2% 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 Hakon's only on-market trade for the last 12 months. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: kr0.01 (vs kr0.15 loss in 2Q 2024) Second quarter 2025 results: EPS: kr0.01 (up from kr0.15 loss in 2Q 2024). Revenue: kr142.9m (down 4.8% from 2Q 2024). Net income: kr6.63m (up kr17.2m from 2Q 2024). Profit margin: 4.6% (up from net loss in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. 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. Reported Earnings • May 30
First quarter 2025 earnings released: EPS: kr0.01 (vs kr0.13 loss in 1Q 2024) First quarter 2025 results: EPS: kr0.01 (up from kr0.13 loss in 1Q 2024). Revenue: kr146.4m (up 1.2% from 1Q 2024). Net income: kr2.55m (up kr11.9m from 1Q 2024). Profit margin: 1.7% (up from net loss in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. 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 54% per year, which means it is significantly lagging earnings. 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. Reported Earnings • Mar 02
Full year 2024 earnings released: kr1.19 loss per share (vs kr0.33 loss in FY 2023) Full year 2024 results: kr1.19 loss per share (further deteriorated from kr0.33 loss in FY 2023). Revenue: kr574.7m (flat on FY 2023). Net loss: kr82.7m (loss widened 259% from FY 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. 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. New Risk • Feb 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. 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 (26% average weekly change). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr9.8m net loss in 2 years). Market cap is less than US$100m (kr152.5m market cap, or US$13.6m). 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. Board Change • Nov 22
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 • 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 Duyuru • Jan 25
Arribatec Group ASA to Report Q4, 2024 Results on Feb 13, 2025 Arribatec Group ASA announced that they will report Q4, 2024 results on Feb 13, 2025