Duyuru • Apr 24
Note AB (Publ) Declares No Dividend NOTE AB (publ) at its Annual General Meeting held on April 23, 2026, resolved, in accordance with the proposal from the Board of Directors, that no dividend should be paid to the shareholders. Board Change • Apr 24
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 • Apr 24
Note AB (Publ) Announces Election of Board Members Note AB (Publ) at its Annual General Meeting held on April 23, 2026, approved Jan Engelberg and Sir Michael Wigston was elected as new board members for the period until the end of the next AGM. 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 Recent Insider Transactions • Feb 27
Chief Sales & Marketing Officer recently bought kr353k worth of stock On the 18th of February, Bahare Mackinovski bought around 2k shares on-market at roughly kr176 per share. This transaction increased Bahare's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr1.8m more in shares than they bought in the last 12 months. Buy Or Sell Opportunity • Feb 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to kr164. The fair value is estimated to be kr206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.4%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Buy Or Sell Opportunity • Jan 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to kr166. The fair value is estimated to be kr209, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.4%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Jan 27
Full year 2025 earnings released: EPS: kr9.86 (vs kr8.61 in FY 2024) Full year 2025 results: EPS: kr9.86 (up from kr8.61 in FY 2024). Revenue: kr3.81b (down 2.2% from FY 2024). Net income: kr281.0m (up 13% from FY 2024). Profit margin: 7.4% (up from 6.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year. 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 Reported Earnings • Oct 17
Third quarter 2025 earnings released: EPS: kr1.90 (vs kr1.49 in 3Q 2024) Third quarter 2025 results: EPS: kr1.90 (up from kr1.49 in 3Q 2024). Revenue: kr830.0m (up 2.6% from 3Q 2024). Net income: kr54.0m (up 26% from 3Q 2024). Profit margin: 6.5% (up from 5.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. 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 Reported Earnings • Jul 15
Second quarter 2025 earnings released: EPS: kr2.67 (vs kr2.35 in 2Q 2024) Second quarter 2025 results: EPS: kr2.67 (up from kr2.35 in 2Q 2024). Revenue: kr980.0m (down 3.2% from 2Q 2024). Net income: kr76.0m (up 12% from 2Q 2024). Profit margin: 7.8% (up from 6.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Buy Or Sell Opportunity • Jul 14
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 9.8% to kr196. The fair value is estimated to be kr152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 4.7%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Buy Or Sell Opportunity • May 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to kr163. The fair value is estimated to be kr132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 4.7%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Recent Insider Transactions • Apr 30
Independent Director recently bought kr125k worth of stock On the 25th of April, Bahare Mackinovski bought around 807 shares on-market at roughly kr155 per share. This transaction amounted to 29% 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 purchase, insiders have collectively sold kr119m more in shares than they bought in the last 12 months. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: kr2.28 (vs kr2.21 in 1Q 2024) First quarter 2025 results: EPS: kr2.28 (up from kr2.21 in 1Q 2024). Revenue: kr1.00b (down 4.9% from 1Q 2024). Net income: kr65.0m (up 1.6% from 1Q 2024). Profit margin: 6.5% (up from 6.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 24
Now 22% undervalued Over the last 90 days, the stock has risen 6.8% to kr168. The fair value is estimated to be kr216, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 7.3%. Upcoming Dividend • Apr 18
Upcoming dividend of kr7.00 per share Eligible shareholders must have bought the stock before 25 April 2025. Payment date: 02 May 2025. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 1.7%. Buy Or Sell Opportunity • Mar 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to kr166. The fair value is estimated to be kr138, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. New Risk • Feb 20
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr600k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. 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 Reported Earnings • Jan 28
Full year 2024 earnings released: EPS: kr8.61 (vs kr11.04 in FY 2023) Full year 2024 results: EPS: kr8.61 (down from kr11.04 in FY 2023). Revenue: kr3.90b (down 8.1% from FY 2023). Net income: kr248.0m (down 23% from FY 2023). Profit margin: 6.4% (down from 7.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jan 01
Director recently bought kr600k worth of stock On the 23rd of December, Johan Hagberg bought around 4k shares on-market at roughly kr148 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. Despite this recent purchase, insiders have collectively sold kr119m more in shares than they bought in the last 12 months. Buy Or Sell Opportunity • Dec 10
Now 23% undervalued Over the last 90 days, the stock has risen 4.6% to kr133. The fair value is estimated to be kr171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 40% in the next 2 years. Recent Insider Transactions • Nov 22
CEO & President recently bought kr133k worth of stock On the 20th of November, Johannes Lind-Widestam bought around 1k shares on-market at roughly kr127 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr505k. Despite this recent buy, Johannes has been a net seller over the last 12 months, reducing personal holdings by kr8.7m. Buy Or Sell Opportunity • Nov 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to kr133. The fair value is estimated to be kr173, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 40% in the next 2 years. Recent Insider Transactions • Oct 27
CEO & President recently bought kr505k worth of stock On the 24th of October, Johannes Lind-Widestam bought around 4k shares on-market at roughly kr126 per share. This transaction amounted to 1.3% 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 kr17m. Reported Earnings • Oct 14
Third quarter 2024 earnings released: EPS: kr1.49 (vs kr2.24 in 3Q 2023) Third quarter 2024 results: EPS: kr1.49 (down from kr2.24 in 3Q 2023). Revenue: kr809.0m (down 22% from 3Q 2023). Net income: kr43.0m (down 34% from 3Q 2023). Profit margin: 5.3% (down from 6.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr111, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 7.2% over the past three years. Recent Insider Transactions • Aug 25
CEO & President recently sold kr5.0m worth of stock On the 23rd of August, Johannes Lind-Widestam sold around 38k shares on-market at roughly kr134 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr110m. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr17m. Recent Insider Transactions • Aug 11
Independent Director recently bought kr250k worth of stock On the 5th of August, Charlotte Stjerngren bought around 2k shares on-market at roughly kr128 per share. This transaction amounted to 24% 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 purchase, insiders have collectively sold kr86m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jul 29
CEO & President recently sold kr1.8m worth of stock On the 23rd of July, Johannes Lind-Widestam sold around 12k shares on-market at roughly kr148 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr110m. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr12m. Reported Earnings • Jul 16
Second quarter 2024 earnings released: EPS: kr2.35 (vs kr2.73 in 2Q 2023) Second quarter 2024 results: EPS: kr2.35 (down from kr2.73 in 2Q 2023). Revenue: kr1.01b (down 6.1% from 2Q 2023). Net income: kr68.0m (down 14% from 2Q 2023). Profit margin: 6.7% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 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 Recent Insider Transactions • Jun 17
Director recently sold kr110m worth of stock On the 13th of June, Johan Hagberg sold around 720k shares on-market at roughly kr153 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr81m more than they bought in the last 12 months. Recent Insider Transactions • May 26
CEO & President recently sold kr2.6m worth of stock On the 17th of May, Johannes Lind-Widestam sold around 18k shares on-market at roughly kr146 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr11m. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: kr2.21 (vs kr2.93 in 1Q 2023) First quarter 2024 results: EPS: kr2.21 (down from kr2.93 in 1Q 2023). Revenue: kr1.06b (flat on 1Q 2023). Net income: kr64.0m (down 25% from 1Q 2023). Profit margin: 6.1% (down from 8.1% in 1Q 2023). Board Change • Feb 01
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 Chairman of the Board Anna Belfrage was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 30
Full year 2023 earnings released: EPS: kr11.04 (vs kr8.79 in FY 2022) Full year 2023 results: EPS: kr11.04 (up from kr8.79 in FY 2022). Revenue: kr4.24b (up 15% from FY 2022). Net income: kr320.0m (up 26% from FY 2022). Profit margin: 7.5% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Recent Insider Transactions • Nov 10
Director recently bought kr37m worth of stock On the 7th of November, Johan Hagberg bought around 252k shares on-market at roughly kr146 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr29m more in shares than they have sold in the last 12 months. New Risk • Nov 02
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr8.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Nov 02
CEO & President recently sold kr7.9m worth of stock On the 30th of October, Johannes Lind-Widestam sold around 55k shares on-market at roughly kr145 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr11m. Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: kr2.24 (vs kr1.38 in 3Q 2022) Third quarter 2023 results: EPS: kr2.24 (up from kr1.38 in 3Q 2022). Revenue: kr1.03b (up 11% from 3Q 2022). Net income: kr65.0m (up 63% from 3Q 2022). Profit margin: 6.3% (up from 4.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 31% per year. 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 Recent Insider Transactions • Aug 10
Director recently bought kr513k worth of stock On the 7th of August, Johan Hagberg bought around 3k shares on-market at roughly kr173 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr2.3m. Despite this recent purchase, insiders have collectively sold kr4.5m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jul 20
Director recently bought kr2.3m worth of stock On the 18th of July, Johan Hagberg bought around 13k shares on-market at roughly kr180 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. Despite this recent purchase, insiders have collectively sold kr5.5m more in shares than they bought in the last 12 months. Reported Earnings • Jul 18
Second quarter 2023 earnings released: EPS: kr2.73 (vs kr2.04 in 2Q 2022) Second quarter 2023 results: EPS: kr2.73 (up from kr2.04 in 2Q 2022). Revenue: kr1.08b (up 20% from 2Q 2022). Net income: kr79.0m (up 34% from 2Q 2022). Profit margin: 7.3% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to kr178, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 26x in the Electronic industry in the United Kingdom. Total loss to shareholders of 7.0% over the past year. 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 • May 10
Employee Representative Director recently sold kr144k worth of stock On the 8th of May, Christoffer Skogh sold around 600 shares on-market at roughly kr240 per share. This transaction amounted to 86% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr7.8m more than they bought in the last 12 months. Recent Insider Transactions • Apr 24
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 20
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. Recent Insider Transactions • Feb 05
CEO & President recently sold kr4.4m worth of stock On the 2nd of February, Johannes Lind-Widestam sold around 20k shares on-market at roughly kr228 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr8.7m. 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. Reported Earnings • Jan 31
Full year 2022 earnings released: EPS: kr8.79 (vs kr6.79 in FY 2021) Full year 2022 results: EPS: kr8.79 (up from kr6.79 in FY 2021). Revenue: kr3.69b (up 40% from FY 2021). Net income: kr254.0m (up 31% from FY 2021). Profit margin: 6.9% (down from 7.3% in FY 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 68% per year, which means it is tracking significantly ahead of earnings growth. 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. Board Change • Nov 16
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 Reported Earnings • Oct 17
Third quarter 2022 earnings released: EPS: kr1.38 (vs kr1.68 in 3Q 2021) Third quarter 2022 results: EPS: kr1.38 (down from kr1.68 in 3Q 2021). Revenue: kr930.0m (up 36% from 3Q 2021). Net income: kr40.0m (down 17% from 3Q 2021). Profit margin: 4.3% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. 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 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. Board Change • May 15
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 03
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 30
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. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 15% share price gain to kr226, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 30x in the Electronic industry in the United Kingdom. Recent Insider Transactions • Nov 03
Independent Director recently bought kr448k worth of stock On the 1st of November, Bahare Hederstierna bought around 3k shares on-market at roughly kr179 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.7m. Insiders have collectively bought kr1.4m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 19% share price gain to kr180, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 32x in the Electronic industry in the United Kingdom. Total returns to shareholders of 243% over the past year. Reported Earnings • Oct 20
Third quarter 2021 earnings released: EPS kr1.68 (vs kr0.99 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr685.0m (up 58% from 3Q 2020). Net income: kr48.0m (up 71% from 3Q 2020). Profit margin: 7.0% (up from 6.5% in 3Q 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 17
Director recently bought kr1.7m worth of stock On the 15th of September, Johan Hagberg bought around 14k shares on-market at roughly kr123 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 01
Insider recently bought kr53k worth of stock On the 27th of August, Kamran Shahabi bought around 417 shares on-market at roughly kr127 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.8m. Despite this recent purchase, insiders have collectively sold kr665k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jul 17
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 15
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. Recent Insider Transactions • Jun 13
Director recently bought kr1.8m worth of stock On the 10th of June, Johan Hagberg bought around 18k shares on-market at roughly kr102 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.2m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 28% share price gain to kr107, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 44x in the Electronic industry in the United Kingdom. Total returns to shareholders of 380% over the past three years.