Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Strax AB (publ)
  6. News
  7. Summary
    STRAX   SE0012040459

STRAX AB (PUBL)

(STRAX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

STRAX: Interim Report No 2 for the financial year 2021

08/25/2021 | 02:56am EDT

STRAX have again managed well through a period of continued market disruption related to the Covid-19 pandemic

 

  • The Group's sales for the period January 1 - June 30, 2021, amounted to MEUR 54.8 (50.2), with a gross margin of 19.0 (23.7) percent.
     
  • The Group's result for the period January 1 - June 30, 2021, amounted to MEUR -2.0 (-2.8) corresponding to EUR -0.02 (-0.02) per share.
     
  • EBITDA for the period January 1 - June 30, 2021, amounted to MEUR 1.6 (1.4).
  • Equity as of June 30 2021, amounted to MEUR 16.2 (17.3) corresponding to EUR 0.13 (0.15) per share.
  • STRAX subsidiary Urbanista, the Swedish lifestyle audio brand, announced Urbanista Los Angeles, the world's first self-charging, wireless active noise cancelling headphones, powered by Powerfoyle(TM) solar cell material. Using advanced green technology, Los Angeles converts all forms of light, outdoor and indoor, into energy to deliver virtually infinite playtime.
 

"We have again managed well through a period of continued market disruption related to the Covid-19 pandemic. Few of our key markets remained negatively affected by some form of lockdown or social restrictions, whilst markets such as France and Switzerland are already delivering stronger results than they did back in 2019, before the ongoing pandemic started. We did nevertheless experience recovery in both accessories and audio products across all markets and demand for health & wellness products remains relatively strong."

                                                              Gudmundur Palmason, CEO

For further information please contact Gudmundur Palmason, CEO, STRAX AB, +46 8 545 017 50.

This is information that STRAX AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:55 CET on August 25, 2021.



 

https://news.cision.com/strax/r/strax--interim-report-no-2-for-the-financial-year-2021,c3402637

https://mb.cision.com/Main/661/3402637/1458537.pdf

https://mb.cision.com/Public/661/3402637/8740747171eddb6e.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about STRAX AB (PUBL)
10/06STRAX : STRAX launches online only brand grell with true wireless headphones by sound engi..
AQ
10/06Strax Launches Online Only Brand grell with True Wireless Headphones by Sound Engineer ..
CI
09/24STRAX : STRAX launches online only brand Dóttir with new line of sports-focused true wirel..
AQ
09/24Strax AB Launches Online Only Brand Dóttir with New Line of Sports-Focused True Wireles..
CI
08/26STRAX : Rebound Awaits
AQ
08/252021-08-25 : STRAX: Interim Report No 2 for the financial year 2021
PU
08/25STRAX : Interim Report No 2 for the financial year 2021
AQ
08/25Strax AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
05/31STRAX : Low Valuation with Two Triggers
AQ
05/26STRAX : Bulletin from STRAX AB's Annual General Meeting
AQ
More news
Financials
Sales 2021 1 294 M 150 M 150 M
Net income 2021 -10,2 M -1,18 M -1,18 M
Net Debt 2021 425 M 49,4 M 49,4 M
P/E ratio 2021 -80,0x
Yield 2021 -
Capitalization 492 M 57,1 M 57,2 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,62x
Nbr of Employees 200
Free-Float 17,3%
Chart STRAX AB (PUBL)
Duration : Period :
Strax AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 4,08 SEK
Average target price 5,13 SEK
Spread / Average Target 25,6%
EPS Revisions
Managers and Directors
Gudmundur Palmason Chief Executive Officer & Director
Johan Heijbel Chief Financial Officer
Bertil Rickard Effe Villard Chairman
Alap Shah Chief Operations Officer
Anders Uno L÷nnqvist Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
STRAX AB (PUBL)0.00%59
SUNING.COM CO., LTD.-38.00%7 056
YAMADA HOLDINGS CO., LTD.-15.88%3 290
K'S HOLDINGS CORPORATION-16.23%2 136
AO WORLD PLC-63.65%977
COPPERWIRED PUBLIC COMPANY LIMITED100.99%75