Equities

TH1NG

SE0016074124

Integrated Telecommunications Services

Market Closed - Nasdaq Stockholm Other stock markets 11:17:40 2024-05-31 am EDT			5-day change	1st Jan Change
1.1 ^SEK	-.--%		-1.79%	-13.04%

May. 17	TH1NG AB Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 22	Bahnhof AB (OM:BAHN B) acquired Broadband Customers of TH1NG AB in a transaction valued at SEK 10 million.	CI

TH1NG - Full focus on the IoT business

May 20, 2024 at 02:07 am EDT

Redeye revises our forecast and valuation following TH1NG’s Q1 2024 report. The divestment of its broadband customers now enables TH1NG to focus solely on its core IoT business while enhancing short-term liquidity. The Q1 report marks a solid start to 2024, with 56% year-on-year growth and a significant gross margin improvement quarter-on-quarter. We adjust our fair value range to SEK0.8-SEK5.0 (0.4-9.8).

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Latest news about TH1NG AB

TH1NG AB Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 17	CI
Bahnhof AB (OM:BAHN B) acquired Broadband Customers of TH1NG AB in a transaction valued at SEK 10 million.	Mar. 21	CI
TH1NG Signs IoT Agreement with Mellifiq	Mar. 12	CI
TH1NG Enters into Partnership Agreement with Emulate and Launch Joint Solution for Energy Sector	Feb. 27	CI
TH1NG AB Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 19	CI
TH1NG AB announced that it expects to receive SEK 1.1 million in funding	Feb. 15	CI
TH1NG, Valokuitunen Enter 18-month Partnership for IoT Services in Finland	Feb. 15	MT
TH1NG AB Signs Agreement with Valokuitunen and Launches IoT Services in Finland	Feb. 15	CI
TH1NG AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 12	CI
TH1NG AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 17	CI
TH1NG and Tele2 Expand Their Collaboration to Take IoT Solutions to New Levels in the Corporate Market	Nov. 15	CI
Sweden’s Th1ng Boosts International Operations With iioote Acquisition	23-09-15	MT
TH1NG AB (OM:TH1NG) acquired iiote AB.	23-09-14	CI
TH1NG AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-25	CI
TH1NG AB Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-17	CI
Certain Shares of TH1NG AB are subject to a Lock-Up Agreement Ending on 1-MAY-2023.	23-04-30	CI
TH1NG AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-03-06	CI
TH1NG AB Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-06	CI
TH1NG AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-18	CI
TH1NG AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-26	CI
TH1NG AB Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-06	CI
TH1NG AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-02-25	CI
TH1NG AB Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-25	CI
Bredband2 i Skandinavien AB (OM:BRE2) acquired Thing's Fibre Customers from TH1NG AB (OM:TH1NG).	21-10-25	CI
TH1NG AB has completed an IPO in the amount of SEK 35.053 million.	21-06-16	CI

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Company Profile

TH1NG AB (publ) is a Sweden-based Internet of things (IoT) and Internet provider that simplifies reality in the connected world. TH1NG offers and develops smart IoT services and Internet solutions for companies, industries, municipalities, and property owners, among others. By combining the Company's two business areas, conditions are created for innovative solutions and offers. The Company has a national fiber-based Internet coverage where the Company works together with the city networks and operators in Sweden to be able to deliver attractive services to the business segment and property owners. IoT Open is a software-based platform, which can be used together with many different equipment and communication technologies.

Sector

Integrated Telecommunications Services

Calendar

2024-08-27 - Q2 2024 Earnings Release

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