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Tendo (TENDO) investor relations material

Tendo has been delisted

Tendo Q4 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2024 earnings summary20 Feb, 2025

Executive summary

  • Completed a reverse acquisition of Norrlands Online, marking a new growth phase and platform for expansion.

  • Focused on becoming the leading broadband provider in the region, targeting both urban and rural markets.

  • Vision to deliver high-quality, stable internet solutions with strong local presence and customer service.

Financial highlights

  • Q4 2024 net sales: 606 KSEK (0 KSEK Q4 2023); full year: 606 KSEK (174 KSEK 2023).

  • Q4 EBIT: -1,943 KSEK (-2,628 KSEK Q4 2023); full year EBIT: -20,571 KSEK (-7,917 KSEK 2023).

  • Q4 net result: -2,460 KSEK (-2,764 KSEK Q4 2023); full year net result: -21,091 KSEK (-8,056 KSEK 2023).

  • Q4 cash flow: -1,963 KSEK (-2,163 KSEK Q4 2023); year-end cash: 504 KSEK (1,055 KSEK 2023).

  • EPS Q4: -0.03 SEK (-0.24 SEK Q4 2023); full year: -0.25 SEK (-0.79 SEK 2023).

Outlook and guidance

  • Strong growth ambitions with a focus on infrastructure investment and scaling operations.

  • Continued need for capital to execute the business plan despite a strong balance sheet.

  • No dividend proposed for 2024.

How will Tendo ensure data security?
What is the strategy for sparsely populated areas?
Explain the reverse stock split rationale.
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