Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Egil Dahl was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 14
NOTE AB (publ) to Report Nine Months, 2026 Results on Oct 23, 2026 NOTE AB (publ) announced that they will report nine months, 2026 results on Oct 23, 2026 Duyuru • Jan 26
NOTE AB (publ) to Report Q2, 2026 Results on Jul 15, 2026 NOTE AB (publ) announced that they will report Q2, 2026 results on Jul 15, 2026 Duyuru • Oct 25
NOTE AB (publ) to Report Q1, 2026 Results on Apr 23, 2026 NOTE AB (publ) announced that they will report Q1, 2026 results at 8:00 AM, Central European Standard Time on Apr 23, 2026 Duyuru • Oct 23
NOTE AB (publ), Annual General Meeting, Apr 23, 2026 NOTE AB (publ), Annual General Meeting, Apr 23, 2026. Location: stockholm Sweden Duyuru • Oct 02
NOTE AB (publ) (OM:NOTE) signed an agreement to acquire Kasdon Electronics Limited for £34.1 million. NOTE AB (publ) (OM:NOTE) signed an agreement to acquire Kasdon Electronics Limited for £34.1 million on September 30, 2025. The initial purchase price is £28.2 million on a cash/debt-free basis, with a potential earnout of up to £5.9 million bringing the total to £34.1 million. The acquisition is financed through NOTE’s existing cash and credit facilities, with a small portion possibly paid in NOTE shares.
The transaction reflects TEV/EBITDA multiple of 6x. For the period ending March 31, 2025, Kasdon Electronics Limited reported total revenue of £12 million. The company has approximately 50 employees and is led by Steven Stockley and his son Ryan, who will remain post-acquisition.
The transaction is subject to approval under the UK National Security and Investment Act and is expected to close in mid-October 2025. Duyuru • Sep 23
NOTE AB (publ) to Report Fiscal Year 2025 Results on Jan 26, 2026 NOTE AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Jan 26, 2026 Duyuru • Feb 02
NOTE AB (publ) to Report Fiscal Year 2024 Final Results on Mar 21, 2025 NOTE AB (publ) announced that they will report fiscal year 2024 final results at 2:00 PM, Central European Standard Time on Mar 21, 2025 Duyuru • Jul 15
NOTE AB (publ) to Report Fiscal Year 2024 Results on Jan 27, 2025 NOTE AB (publ) announced that they will report fiscal year 2024 results on Jan 27, 2025 Duyuru • Oct 18
NOTE AB (publ) to Report Q1, 2024 Results on Apr 18, 2024 NOTE AB (publ) announced that they will report Q1, 2024 results on Apr 18, 2024 Duyuru • Oct 17
NOTE AB (publ) to Report Fiscal Year 2023 Results on Jan 29, 2024 NOTE AB (publ) announced that they will report fiscal year 2023 results on Jan 29, 2024 Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to kr171, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 23x in the Electronic industry in the United Kingdom. Total returns to shareholders of 156% over the past three years. Duyuru • Jul 06
NOTE AB (publ) acquired Dvr Limited from Hellings family for £9 million. NOTE AB (publ) acquired Dvr Limited from Hellings family for £9 million on July 4, 2023.NOTE AB (publ) completed the acquisition of Dvr Limited from Hellings family on July 4, 2023. Recent Insider Transactions • Apr 23
CEO & President recently bought kr999k worth of stock On the 21st of April, Johannes Lind-Widestam bought around 5k shares on-market at roughly kr215 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Johannes has been a net seller over the last 12 months, reducing personal holdings by kr7.7m. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: kr2.93 (vs kr1.95 in 1Q 2022) First quarter 2023 results: EPS: kr2.93 (up from kr1.95 in 1Q 2022). Revenue: kr1.05b (up 28% from 1Q 2022). Net income: kr85.0m (up 52% from 1Q 2022). Profit margin: 8.1% (up from 6.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 22
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Jorgen Blomberg was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Jorgen Blomberg was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Jorgen Blomberg was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 04
An unknown buyer acquired a 4% stake in NOTE AB (publ) from Johannes Lind-Widestam for SEK 4.4 million. An unknown buyer acquired a 4% stake in NOTE AB (publ) from Johannes Lind-Widestam for SEK 4.4 million on February 3, 2023.An unknown buyer completed the acquisition of a 4% stake in NOTE AB (publ) from Johannes Lind-Widestam on February 3, 2023. Duyuru • Jan 30
Note AB (Publ) Provides Sales Guidance for the Full Year of 2023 NOTE AB (publ) Provided sales guidance for the full year of 2023. For the full year 2023, the company expects sales of at least SEK 4 billion. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorated over the past week After last week's 20% share price decline to kr153, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 371% over the past three years. Board Change • Oct 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Jorgen Blomberg was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 18
NOTE AB (publ) to Report Q1, 2023 Results on Apr 19, 2023 NOTE AB (publ) announced that they will report Q1, 2023 results on Apr 19, 2023 Duyuru • Oct 17
NOTE AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023 NOTE AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023 Board Change • Aug 11
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. 6 experienced directors. No highly experienced directors. Independent Director Anna Belfrage 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. Reported Earnings • Jul 15
Second quarter 2022 earnings released: EPS: kr2.04 (vs kr1.65 in 2Q 2021) Second quarter 2022 results: EPS: kr2.04 (up from kr1.65 in 2Q 2021). Revenue: kr898.0m (up 40% from 2Q 2021). Net income: kr59.0m (up 26% from 2Q 2021). Profit margin: 6.6% (down from 7.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 11
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. 6 experienced directors. No highly experienced directors. Independent Director Anna Belfrage 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 25
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. 6 experienced directors. No highly experienced directors. Independent Director Anna Belfrage 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. Recent Insider Transactions • Feb 04
Director recently bought kr1.1m worth of stock On the 31st of January, Johan Hagberg bought around 6k shares on-market at roughly kr190 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.5m more in shares than they have sold in the last 12 months. Board Change • Feb 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. 7 experienced directors. No highly experienced directors. Independent Director Anna Belfrage was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jan 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr6.82 (up from kr4.08 in FY 2020). Revenue: kr2.64b (up 41% from FY 2020). Net income: kr194.0m (up 68% from FY 2020). Profit margin: 7.3% (up from 6.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 06
NOTE AB (publ)(OM:NOTE) dropped from OMX Nordic Small Cap Index "NOTE AB (publ) has been removed from OMX Nordic Small Cap Index Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improved over the past week After last week's 68% share price gain to kr213, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 34x in the Electronic industry in the United Kingdom. Total returns to shareholders of 844% over the past three years. Recent Insider Transactions • Jul 18
CEO & President recently sold kr2.7m worth of stock On the 15th of July, Johannes Lind-Widestam sold around 20k shares on-market at roughly kr137 per share. This was the largest sale by an insider in the last 3 months. Johannes has been a seller over the last 12 months, reducing personal holdings by kr2.6m. Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS kr1.65 (vs kr1.21 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr642.0m (up 28% from 2Q 2020). Net income: kr47.0m (up 38% from 2Q 2020). Profit margin: 7.3% (up from 6.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 14
NOTE AB (publ) Announces Earning Guidance for the Full Year 2021 NOTE AB (publ) announced earning guidance for the full year 2021. For the year, the company estimate that sales for this year will amount to at least SEK 2.45 billion. For the full year, the company also expect increased operating profit. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 24% share price gain to kr121, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 40x in the Electronic industry in the United Kingdom. Total returns to shareholders of 414% over the past three years. Duyuru • Jul 07
NOTE Grows Within medtech - Starts Deliveries to Mölnlycke NOTE has signed an agreement for the manufacturing of the company's new generation of wound care products. The new product has been launched on the market and batch production of the complete product (box build) has begun at NOTE in Torsby. Investments in modern clean room technology have already been made. The collaboration with Mölnlycke is expected to have significant potential and is estimated to amount to SEK 50 million/year in a few years. Duyuru • Jun 03
NOTE AB (publ) (OM:NOTE) acquired iPRO Holdings Ltd for £9.3 million. NOTE AB (publ) (OM:NOTE) acquired iPRO Holdings Ltd for £9.3 million on June 2, 2021. The consideration is on debt free basis and may be increased by an additional purchase price of a maximum of £2.3 million. The acquisition corresponds to a multiple EV/EBIT of approximately 3.5. For the year ending December 31, 2020, iPRO had revenues of £28.8 million.
NOTE AB (publ) (OM:NOTE) completed the acquisition of iPRO Holdings Ltd for £9.3 million on June 2, 2021. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS kr1.09 (vs kr0.79 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr502.0m (up 5.7% from 1Q 2020). Net income: kr31.0m (up 41% from 1Q 2020). Profit margin: 6.2% (up from 4.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 24
NOTE Wins New Deal NOTE has won a new deal for a leading international group in the area of Motion and Control. NOTE will manufacture the electronics for advanced control units for different types of machines and vehicles. Development and production preparations are ongoing and batch production is expected to start during the first quarter of next year. The potential in the collaboration is significant and sales are initially estimated to amount to approximately SEK 50 million/year. The manufacturing will take place at NOTE's plant in Torsby. Duyuru • Oct 20
NOTE AB (publ) to Report Q1, 2021 Results on Apr 19, 2021 NOTE AB (publ) announced that they will report Q1, 2021 results on Apr 19, 2021 Duyuru • Oct 19
NOTE AB (publ) to Report Fiscal Year 2020 Results on Jan 28, 2021 NOTE AB (publ) announced that they will report fiscal year 2020 results on Jan 28, 2021 Duyuru • Oct 01
NOTE AB (publ) to Report Nine Months, 2020 Results on Oct 19, 2020 NOTE AB (publ) announced that they will report nine months, 2020 results on Oct 19, 2020