Reported Earnings • Sep 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr1.86m (down 66% from 2Q 2024). Net loss: kr4.35m (loss narrowed 42% from 2Q 2024). Duyuru • May 26
Hitech & Development Wireless Sweden Holding AB (publ), Annual General Meeting, Jun 25, 2025 Hitech & Development Wireless Sweden Holding AB (publ), Annual General Meeting, Jun 25, 2025, at 09:00 W. Europe Standard Time. Location: at the company`s premises, in kista science tower, address farogatan 33, stockholm Sweden Reported Earnings • Apr 27
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr6.83m (up 45% from 1Q 2024). Net loss: kr1.09m (loss narrowed 90% from 1Q 2024). Reported Earnings • Mar 06
Full year 2024 earnings released: kr0.011 loss per share (vs kr0.078 loss in FY 2023) Full year 2024 results: kr0.011 loss per share (improved from kr0.078 loss in FY 2023). Revenue: kr33.5m (up 19% from FY 2023). Net loss: kr24.9m (loss narrowed 35% from FY 2023). Reported Earnings • Oct 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr11.6m (up 61% from 3Q 2023). Net loss: kr2.03m (loss narrowed 73% from 3Q 2023). Reported Earnings • Aug 25
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr11.6m (up 59% from 2Q 2023). Net loss: kr7.48m (loss widened 6.3% from 2Q 2023). Reported Earnings • May 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr4.91m (down 27% from 1Q 2023). Net loss: kr11.4m (loss widened 52% from 1Q 2023). Recent Insider Transactions • Feb 29
Founder recently bought kr98k worth of stock On the 22nd of February, Par Bergsten bought around 2m shares on-market at roughly kr0.046 per share. This transaction increased Par's direct individual holding by 17x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Par's only on-market trade for the last 12 months. Reported Earnings • Feb 13
Full year 2023 earnings released: kr0.075 loss per share (vs kr0.15 loss in FY 2022) Full year 2023 results: kr0.075 loss per share. Revenue: kr27.9m (up 26% from FY 2022). Net loss: kr36.5m (loss widened 5.2% from FY 2022). Revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Communications industry in Sweden. New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Market cap is less than US$10m (kr28.8m market cap, or US$2.72m). Minor Risk Revenue is less than US$5m (kr30m revenue, or US$2.8m). Duyuru • Jan 28
Hitech & Development Wireless Sweden Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 11.38091 million. Hitech & Development Wireless Sweden Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 11.38091 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 6,586,666
Price\Range: SEK 0.07
Security Name: B Shares
Security Type: Common Stock
Securities Offered: 155,997,762
Price\Range: SEK 0.07
Transaction Features: Rights Offering New Risk • Sep 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 89% 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 (-kr12m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Market cap is less than US$10m (kr37.0m market cap, or US$3.39m). Minor Risk Revenue is less than US$5m (kr28m revenue, or US$2.6m). Major Estimate Revision • Aug 18
Consensus revenue estimates decrease by 12%, EPS upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from kr39.9m to kr35.3m. EPS estimate increased from -kr0.07 to -kr0.05 per share. Communications industry in Sweden expected to see average net income growth of 7.1% next year. Consensus price target down from kr0.55 to kr0.27. Share price fell 7.7% to kr0.099 over the past week. Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr7.75m (up 86% from 2Q 2022). Net loss: kr7.04m (loss narrowed 27% from 2Q 2022). Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Breakeven Date Change • Jun 11
Forecast breakeven date pushed back to 2025 The analyst covering Hitech & Development Wireless Sweden Holding previously expected the company to break even in 2024. New forecast suggests losses will reduce by 85% per year to 2024. The company is expected to make a profit of kr35.5m in 2025. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Reported Earnings • Feb 02
Full year 2022 earnings released: kr0.15 loss per share (vs kr0.15 loss in FY 2021) Full year 2022 results: kr0.15 loss per share (further deteriorated from kr0.15 loss in FY 2021). Revenue: kr24.3m (up 54% from FY 2021). Net loss: kr39.6m (loss widened 49% from FY 2021). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Communications industry in Sweden. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. 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. 3 non-independent directors. Director Per Melin was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr6.27m (up 49% from 3Q 2021). Net loss: kr8.04m (loss widened 74% from 3Q 2021). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Communications industry in Sweden. Major Estimate Revision • Sep 02
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr29.2m to kr23.5m. EPS estimate increased from -kr0.16 to -kr0.15 per share. Communications industry in Sweden expected to see average net income growth of 21% next year. Consensus price target up from kr0.48 to kr0.68. Share price fell 21% to kr0.44 over the past week. Price Target Changed • Aug 31
Price target increased to kr0.68 Up from kr0.48, the current price target is provided by 1 analyst. New target price is 50% above last closing price of kr0.45. Stock is up 70% over the past year. The company is forecast to post a net loss per share of kr0.15 next year compared to a net loss per share of kr0.15 last year. Reported Earnings • Aug 28
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr4.42m (up 8.5% from 2Q 2021). Net loss: kr9.68m (loss widened 49% from 2Q 2021). Over the next year, revenue is forecast to grow 239%, compared to a 8.9% growth forecast for the Communications industry in Sweden. Reported Earnings • May 01
First quarter 2022 earnings: Revenues miss analyst expectations First quarter 2022 results: Revenue: kr4.08m (up 42% from 1Q 2021). Net loss: kr10.3m (loss widened 12% from 1Q 2021). Revenue missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 149%, compared to a 8.0% growth forecast for the industry in Sweden. Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2024 The analyst covering Hitech & Development Wireless Sweden Holding previously expected the company to break even in 2023. New forecast suggests losses will reduce by 49% per year to 2023. The company is expected to make a profit of kr10.0m in 2024. Average annual earnings growth of 75% is required to achieve expected profit on schedule. 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. 3 non-independent directors. Director Per Melin was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: kr0.15 loss per share (up from kr0.28 loss in FY 2020). Revenue: kr16.7m (down 5.4% from FY 2020). Net loss: kr26.6m (loss widened 16% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 192%, compared to a 7.3% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr4.57m (up 71% from 3Q 2020). Net loss: kr4.61m (loss narrowed 36% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr4.05m (down 23% from 2Q 2020). Net loss: kr6.50m (down 329% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Reported Earnings • May 11
First quarter 2021 earnings released The company reported a poor first quarter result with weaker revenues, weaker control over costs and no improvement to losses. First quarter 2021 results: Revenue: kr3.04m (down 51% from 1Q 2020). Net loss: kr9.20m (flat on 1Q 2020). Is New 90 Day High Low • Mar 09
New 90-day low: kr0.48 The company is down 2.0% from its price of kr0.49 on 08 December 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Communications industry, which is also down 2.0% over the same period. Price Target Changed • Mar 03
Price target lowered to kr0.76 Down from kr0.89, the current price target is provided by 1 analyst. The new target price is 46% above the current share price of kr0.52. As of last close, the stock is down 35% over the past year. Analyst Estimate Surprise Post Earnings • Mar 01
Revenue misses expectations Revenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 54%, compared to a 3.8% growth forecast for the Communications industry in Sweden. Reported Earnings • Feb 28
Full year 2020 earnings released: kr0.38 loss per share (vs kr0.91 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: kr23.0m (down 26% from FY 2019). Net loss: kr23.0m (loss narrowed 41% from FY 2019). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 63% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 10
New 90-day high: kr0.80 The company is up 2.0% from its price of kr0.78 on 12 October 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day low: kr0.42 The company is down 69% from its price of kr1.38 on 25 August 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: kr0.61 The company is down 1.0% from its price of kr0.62 on 29 July 2020. The Swedish market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 4.0% over the same period. Duyuru • Oct 07
Hitech & Development Wireless Sweden Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 23 million. Hitech & Development Wireless Sweden Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 23 million.
Security Name: Units
Security Type: Common Stock
Securities Offered: 38,333,333
Price\Range: SEK 0.6
Transaction Features: Rights Offering