Bifogade filer
Kurs
-18,62%
Likviditet
0,33 MSEK
Prenumeration
Kalender
Tid* | ||
2024-11-29 | - | Kvartalsrapport 2024-Q3 |
2024-08-30 | - | Kvartalsrapport 2024-Q2 |
2024-05-31 | - | Kvartalsrapport 2024-Q1 |
2024-05-23 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2024-05-22 | - | Årsstämma |
2024-02-27 | - | Bokslutskommuniké 2023 |
2023-12-01 | - | Kvartalsrapport 2023-Q3 |
2023-08-23 | - | Kvartalsrapport 2023-Q2 |
2023-05-26 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2023-05-25 | - | Årsstämma |
2023-05-25 | - | Kvartalsrapport 2023-Q1 |
2023-02-23 | - | Bokslutskommuniké 2022 |
2022-12-16 | - | Extra Bolagsstämma 2022 |
2022-11-24 | - | Kvartalsrapport 2022-Q3 |
2022-08-25 | - | Kvartalsrapport 2022-Q2 |
2022-05-27 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2022-05-25 | - | Årsstämma |
2022-05-25 | - | Kvartalsrapport 2022-Q1 |
2022-02-24 | - | Bokslutskommuniké 2021 |
2021-11-25 | - | Kvartalsrapport 2021-Q3 |
2021-08-25 | - | Kvartalsrapport 2021-Q2 |
2021-05-27 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2021-05-26 | - | Årsstämma |
2021-05-26 | - | Kvartalsrapport 2021-Q1 |
2021-02-25 | - | Bokslutskommuniké 2020 |
2020-11-26 | - | Kvartalsrapport 2020-Q3 |
2020-08-27 | - | Kvartalsrapport 2020-Q2 |
2020-05-27 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2020-05-26 | - | Årsstämma |
2020-05-26 | - | Kvartalsrapport 2020-Q1 |
2020-02-27 | - | Bokslutskommuniké 2019 |
2019-11-28 | - | Kvartalsrapport 2019-Q3 |
2019-08-23 | - | Kvartalsrapport 2019-Q2 |
2019-05-24 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2019-05-23 | - | Kvartalsrapport 2019-Q1 |
2019-05-22 | - | Årsstämma |
2019-02-28 | - | Bokslutskommuniké 2018 |
2019-01-07 | - | Inlösen STRAX 1.1 |
2018-12-28 | - | Extra Bolagsstämma 2018 |
2018-11-29 | - | Kvartalsrapport 2018-Q3 |
2018-08-23 | - | Kvartalsrapport 2018-Q2 |
2018-05-25 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2018-05-24 | - | Årsstämma |
2018-05-24 | - | Kvartalsrapport 2018-Q1 |
2018-02-27 | - | Bokslutskommuniké 2017 |
2017-11-28 | - | Kvartalsrapport 2017-Q3 |
2017-08-23 | - | Kvartalsrapport 2017-Q2 |
2017-05-24 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2017-05-23 | - | Årsstämma |
2017-05-23 | - | Kvartalsrapport 2017-Q1 |
2017-02-23 | - | Bokslutskommuniké 2016 |
2016-12-22 | - | Extra Bolagsstämma 2016 |
2016-11-29 | - | Kvartalsrapport 2016-Q3 |
2016-08-30 | - | Kvartalsrapport 2016-Q2 |
2016-04-27 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2016-04-26 | - | Årsstämma |
2016-04-26 | - | Kvartalsrapport 2016-Q1 |
2016-03-03 | - | Inlösen STRAX 2.45 |
2016-02-15 | - | Inlösen STRAX 2.45 |
2016-02-11 | - | Bokslutskommuniké 2015 |
2015-11-18 | - | Kvartalsrapport 2015-Q3 |
2015-08-27 | - | Kvartalsrapport 2015-Q2 |
2015-04-24 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2015-04-23 | - | Årsstämma |
2015-04-23 | - | Kvartalsrapport 2015-Q1 |
2015-02-12 | - | Bokslutskommuniké 2014 |
2014-11-12 | - | Kvartalsrapport 2014-Q3 |
2014-08-28 | - | Kvartalsrapport 2014-Q2 |
2014-04-24 | - | Kvartalsrapport 2014-Q1 |
2014-04-24 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2014-02-11 | - | Bokslutskommuniké 2013 |
2013-11-07 | - | Kvartalsrapport 2013-Q3 |
2013-10-18 | - | Inlösen STRAX 1 |
2013-10-10 | - | Extra Bolagsstämma 2013 |
2013-08-21 | - | Kvartalsrapport 2013-Q2 |
2013-04-26 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2013-04-25 | - | Årsstämma |
2013-04-25 | - | Kvartalsrapport 2013-Q1 |
2013-02-12 | - | Bokslutskommuniké 2012 |
2012-10-30 | - | Kvartalsrapport 2012-Q3 |
2012-08-28 | - | Kvartalsrapport 2012-Q2 |
2012-04-27 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2012-04-26 | - | Årsstämma |
2012-04-26 | - | Kvartalsrapport 2012-Q1 |
2012-02-14 | - | Bokslutskommuniké 2011 |
2011-11-29 | - | 15-7 2011 |
2011-11-17 | - | Kapitalmarknadsdag 2011 |
2011-11-08 | - | Kvartalsrapport 2011-Q3 |
2011-08-25 | - | Kvartalsrapport 2011-Q2 |
2011-04-28 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2011-04-27 | - | Årsstämma |
2011-04-27 | - | Kvartalsrapport 2011-Q1 |
2011-02-15 | - | Bokslutskommuniké 2010 |
2010-11-09 | - | Kvartalsrapport 2010-Q3 |
2010-08-25 | - | Kvartalsrapport 2010-Q2 |
2010-04-22 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2010-04-21 | - | Kvartalsrapport 2010-Q1 |
2010-02-16 | - | Bokslutskommuniké 2009 |
2009-11-10 | - | Kvartalsrapport 2009-Q3 |
2009-08-25 | - | Kvartalsrapport 2009-Q2 |
2009-04-23 | - | X-dag ordinarie utdelning STRAX 0.00 SEK |
2009-04-22 | - | Årsstämma |
2009-04-22 | - | Kvartalsrapport 2009-Q1 |
2007-05-07 | - | Inlösen STRAX 5 |
2000-06-21 | - | Split STRAX 1:5 |
Beskrivning
Land | Sverige |
---|---|
Lista | Small Cap Stockholm |
Sektor | Handel & varor |
Industri | Sällanköpsvaror |
STRAX – Tough trading conditions remain, yet managed to complete first divestment process
The Group’s sales for the period January 1 – September 30, 2023, amounted to MEUR 20.4 (25.9) with a gross margin of 14.2 (17.9) percent.
The Group’s result for the period January 1 – September 30, 2023, amounted to MEUR -26.6 (-6.4) corresponding to EUR -0.22 (-0.05) per share.
EBITDA from remaining operations for the period January 1 – September 30, 2023, amounted to
MEUR -14.6 (-2.1).
Equity as of September 30, 2023, amounted to MEUR -33.6 (4.7) corresponding to EUR -0.28 (0.04)
per share.
Auditors’ review report of the interim report includes a reservation concerning the Segment distribution as well as information of special importance.
As of September 30, 2023, STRAX is not fulfilling the special conditions in the loan agreement with PCP due to the development of profitability and financial position in the Group. STRAX board and management is working closely with PCP on the strategical and tactical plan to return to compliance of the agreement. The plan includes divestment of non-core assets to increase focus as well as reduce costs and lightening the balance sheet and in the longer perspective increase the financial position of the Group. In addition, several initiatives have been taken to partially divest and find strong financial partners for core parts of the business to ensure they can continue to grow and prosper without being limited by the constrained cash of the Group. With these initiatives we are optimistic STRAX will be sitting on solid assets that will continue to develop in the right direction and generate value for STRAX and its stakeholders. STRAX is now executing the plan and expects to considerably lower the debt level of the Group during 2023 and 2024 and in particular repay significant parts of the outstanding amounts under the loan agreement. The board and management have taken numerous actions to ensure the remaining business returns to profitability as well as taking actions on loss making operations being discontinued. After the end of the period STRAX has received a waiver from PCP concerning the breach.
STRAX signed a MEUR 10 investment agreement with ZEBRA Invest GmbH, a Germany based investment company, for 50.1% ownership of its European based distribution business. All closing conditions have been fulfilled and the transaction closed during the period. The divestment of the majority ownership in the European Distribution represented the full Segment “Distribution” and as an effect it has been reported applying IFRS – Discontinued operations. The effect is that the profit or loss for the period January 1 – September 30, 2023 and July 1 – September 30, 2023 and corresponding figures last year has been reported Profit/loss from discontinued operations in the Income statement. The result relating to the divestment of the Distribution, including goodwill, amounted to MEUR 0.5.
STRAX subsidiary Urbanista launched Malibu, the world’s first solar charging speaker using Powerfoyle solar cell technology by Exeger. Following the previous highly successful launches of the Los Angeles solar charging headphones in 2021 and Phoenix earphones in 2022, the addition of the Malibu speaker to the family of solar powered products completes the brand's offering in the segment. The launch of Malibu speaker further cements Urbanista's position as the leader in the category in the audio space.
Pia Anderberg decided to resign as a Board Member. Pia was elected as a Board Member in 2018 and has ever since contributed greatly to STRAX. Pia Anderberg has several other board assignments and has recently accepted to join the board of a larger corporation and in light of this will no longer have capacity to be engaged as a board member of STRAX.
“We remain committed to completing our restructuring plan with the objective of presenting a better funded, leaner, and simpler company that has solid growth potential with healthy underlying margins. Our entire team is fully engaged to achieve the desired outcome and I’m thankful for their continued belief in our mission.
Once and again, I would like to thank all our stakeholders for their patience and support whilst we future proof STRAX “.
Gudmundur Palmason, CEO
For further information please contact:
Gudmundur Palmason
CEO, STRAX AB, +44 7714 739 955
About STRAX
STRAX is a global leader in accessories that empower mobile lifestyles. Our portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio.
Own brands are Urbanista, Clckr, Planet Buddies and RichmondFinch. Our brands reach a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers.
Founded as a trading company in 1995, STRAX has since expanded worldwide and evolved into a global brand business. Today we have approximately 90 employees in 6 countries. STRAX is listed on the Nasdaq Stockholm stock exchange.
Discontinued operations include Health & Wellness and licenced brand portfolio of adidas and Diesel.
This information is information that STRAX is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-12-01 00:43 CET.