Awardit

Sales 5% vs. ABGSCe, adj. EBITA 7% vs. ABGSCe No material estimate changes Trading at 9-6x EV/EBITA on '24e-'26e (8-11% FCF yields) Adj. EBITA +5% vs. ABGSCe, 67% converted to FCF Awardit delivered Q1 sales of SEK 286m, 5% above ABGSCe, mainly driven...

Awardit

Regulatory press release5/7/2024, 6:00 AM

Awardit AB (publ.) – Interim report January – March 2024

Awardit

Press release4/30/2024, 1:15 PM

Invitation to the presentation of Awardit´s Interim Report Q1-2024

Awardit

Third party research4/30/2024, 4:55 AM

Awardit: Continued stabilisation in sight - ABG

- Q1e: -2% organic growth, adj. EBITA +12% y-o-y - We cut adj. EBITA by 13-4% on slightly lower sales and higher costs - 8-5x EV/adj. EBITA and 8-12% FCF yields on '24e-'26e Q1 expectations: muted growth and slightly weaker margins Awardit is reporting...

Awardit

Regulatory press release3/25/2024, 7:05 AM

Statement from the independent bid committee of Awardit AB (publ) regarding the public offer from Fayes Investeringar 1 AB

Awardit

Third party research2/21/2024, 6:29 AM

Awardit: Sales and EBITA in line, FCF softer - ABG

Adj. EBITA of SEK 63m, 0% vs. ABGSCe in Q4 FCF was softer because of negative working capital effect EBITA ests -4-5%; share is trading at 4.7x-2.7x '24e-'26e EV/EBITA Sales and EBITA in line Sales of SEK 428m (-1% vs. ABGSCe) and adj. EBITA of SEK 63m...

Awardit

Regulatory press release2/20/2024, 7:00 AM

Awardit AB (publ.) – Full-year report January – December 2023

Awardit

Press release2/14/2024, 2:50 PM

Invitation to the investor presentation of Awardit´s year-end report 2023

Awardit

Third party research1/22/2024, 1:27 PM

Awardit: A stable quarter excl. Denmark turbulence - ABG

Q4 due on 20 February; we forecast -2% org. growth EBITA cut 1% on '24e-'25e because of FX 4.6x-3.6x EV/EBITA with 15-17% FCF yield on '24e-'25e -2% organic growth and SEK 63m adj. EBITA in Q4e We forecast stable performance in the Nordic business ex...

Awardit

Press release1/3/2024, 2:55 PM

Awardit AB has appointed Jacob Stjernfält as Group Chief Financial Officer and Executive Vice President

Awardit

Third party research12/19/2023, 8:27 AM

Awardit: Internal audit conclude errors in MBXP - ABG

Revises MBXP financials, takes SEK 43m loss MBXP earnout reduced from SEK 125m to zero, lifts net cash Expect slight est cuts on lower long-term expectations for MBXP Revised numbers show losses for MBXP in 2021 and 2022 Awardit has completed the internal...

Awardit

Regulatory press release12/18/2023, 7:10 PM

MBXP – write-down of reserved earn-out, goodwill and other intangible fixed assets due to completed internal audit

Awardit

Third party research11/3/2023, 7:07 AM

Awardit: Soft Q3 has raised the stakes for Q4 - ABG

Continued headwinds in Denmark and Germany in Q3 Underlying '24e-'25e EBITA cut 12-9%, but neutral incl. IPO M&A Share is trading at 7.1x-3.9x EV/EBITA on '23e-'24e Gift Cards underperformed again while core Loyalty grew Poor performance in MBXP continued...

Awardit

Third party research11/2/2023, 8:28 AM

Awardit: Miss driven by weaker margins in Gift Cards - ABG

Adj. EBITA SEK 12m, -50% vs. ABGSCe SEK 24m MBXP continued to hold back profitability, sales in line Consensus est's to come down 7-8% on '24e-'25e Q3 details Sales SEK 250m (0% vs ABGSCe 248m). EBITA 8m (-67% vs ABGSCe 24m). Adj EBITA 12m (-50% vs. ...

Awardit

Regulatory press release11/2/2023, 7:00 AM

Awardit AB (publ.) – Interim Report January – September 2023

Awardit

Press release10/30/2023, 8:25 AM

Invitation to the investor presentation of Awardit´s Interim Report Q3 2023

Awardit

Third party research10/27/2023, 6:37 AM

Awardit: Acquires a major competitor in DACH - ABG

Acquires IPO Prämien Services for EUR 7.8m Implied multiple of 16x-4x EBITDA on '22/23-'21/22 Could add 8% to 2042e adj. EBITA based on mgmt. expectations Acquires IPO Prämien Services at 16x-4x EBITDA Awardit will acquire 100% of IPO Prämien Services...

Awardit