(small update #2) SmartCraft plans/evaluates a move to the Stockholm stock exchange.
https://smartcraft.com/investor-relations/stock-exchange-notices/#5CAB74FB57DBD811
The company has also continued its customary practice of buying back its own shares. It currently owns approximately 5.5m shares.
Q2. Surprisingly good in terms of numbers, despite the challenges in Norway and Finland. The UK was indeed an excellent opening last year.
That Y-o-Y 7% organic ARR growth was quite a nice performance in the current market situation. And profitability was again steadily increasing.
The UK has indeed been a good start. I believe that by the end of the year, the UK will easily surpass Finland.
Letâs continue the dialogue and informing with Ja
admicom has seen some quite interesting price action after the earnings report, but then again, thatâs been the case here as well this year! In the last three weeks, nearly a quarter has been wiped off the market value. There havenât really been any actual negative news from the company or, as far as I know, from the market, so Iâm wondering if the upcoming transfer of the listing to the Swedish exchange is causing forced selling in some funds.
If this is the main reason, it would be a pretty interesting entry point if youâre looking for exposure to the sector. Itâs been a while since you could get on board at these multiples.