* We expect nearly 40% organic growth... * ...and gross margin expansion in '26e * Reiterate fair value range of SEK 30-45 Higher platform ...
* Q4 sales 20% higher than ABGSCe SEK 41m * Lower gross margin likely due to higher share of partner revenues * Likely slightly positive con...
* We expect 50% organic growth in Q4e * Q4 mix is likely to be somewhat soft * FVR of SEK 30-45 reiterated Q4 expectations We expect Q4 sal...
* CEO Oliver Lundgren highlighted Skolon surpassing 1m paying users * Skolon has now reached 50% penetration in Sweden, 25% in Norway * Aims...
* Small negative sales estimate revisions * Long term outlook is encouraging * Reiterate fair value range of SEK 30-45 Long term investments...
Sales -7% vs. ABGSCe at SEK 63m * International expansion weighs on earnings * Likely negative consensus estimate revisions Q3'25 report Sko...
* Q3'25e organic sales growth of 28% y-o-y * We lower EBITDA on customer mix * FVR of SEK 30-45 reiterated What to expect in Q3'25 We expect...
* Minor estimate revisions * On track to reach 1m paying users in '25e * Maintain fair value range of SEK 30-45 International expansion con...
* Sales -4% vs. ABGSCe at SEK 55m * EBITDA better than expected (SEK -0.
Q2'25e organic sales growth of 45% y-o-y We raise '25e paying users by 2% FVR of SEK 30-45 reiterated What to expect in Q2'25 We expect org...
Limited estimate revisions Promising outlook for international expansion Maintain fair value range of SEK 30-45 A small quarter with improv...
Sales -7% vs. ABGSCe at SEK 32m EBITDA better than expected (SEK -0.
Q1'25e organic sales growth of 47% y-o-y Minor estimate changes FVR of SEK 30-45 reiterated What to expect in Q1'25e We expect organic grow...
Minor estimate revisions Swedish operations could fund future international growth Maintain fair value range of SEK 30-45 High but lumpy gr...
Sales less than 2m below ABGSCe 30m EBITDA better than expected (SEK 0m vs.
Q4'24e organic sales growth of 24% y-o-y Minor estimate changes FVR of SEK 30-45 reiterated What to expect in Q4'24e We expect solid sales ...
CEO highlighted churn of 1.8% International content providers are key for growth Potential M&A opportunities in fragmented market Existing ...
'24e-'26e sales up 3-2% In line to reach annual growth target of ~50% Revised FVR of SEK 30-45 (25-40) Sales driven by evenly balanced ARPP...
Organic growth of 31%, +6pp vs. ABGSCe Significant EBITDA improvement Likely positive consensus estimate revisions Q3'24 report Skolon deli...
Q3'24e organic sales growth of 24% y-o-y Minor positive estimate revisions FVR of SEK 25-40 reiterated What to expect in Q3'24e We expect Q...
'24e-'26e sales up 3-2% Volume growth to pick up in H2 Revised FVR of SEK 25-40 (20-35) Q2: Strong growth in sales and ARPPU Q2 net sales a...
Organic growth of 66%, +14pp vs. ABGSCe ARPPU +11% vs.
- Minor positive estimate revisions - Expect primarily volume-driven growth - FVR of SEK 20-35 reiterated What to expect in Q2'24e For Q2'24...
CEO highlighted the UK as a springboard for international growth Potential to add more user groups Position with partners to improve with a ...
'24e-'26e sales up 2-1% Volume growth to continue into the year FVR of SEK 20-35 reiterated Q1: Strong growth in sales and paying users Q1 ...
Organic growth of 79%, +34pp above ABGSCe Paying users 6% above ABGSCe Likely positive cons.
Minor estimate revisions Expect primarily volume-driven growth FVR of SEK 20-35 reiterated What to expect in Q1'24e For Q1'24, we expect sa...
