Move About Group
Logotype for Move About Group

Move About Group (MOV) investor relations material

Move About Group has been delisted

Move About Group Q2 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Move About Group
Q2 2024 earnings summary30 Aug, 2024

Executive summary

  • Decision made to sell the German subsidiary, the last operational unit, and liquidate the group following the June 28 AGM.

  • Voluntary settlement reached with all remaining creditors, leaving the group debt-free.

  • Cash reserves are expected to cover remaining administrative costs for liquidation and delisting.

  • Current management and board to resign as liquidation process begins.

Financial highlights

  • Q2 2024 total revenue: SEK 16,000, down from SEK 22,551,000 in Q2 2023.

  • Q2 2024 gross profit: SEK -69,000, compared to SEK 16,476,000 in Q2 2023.

  • Operating result before depreciation: SEK -2,290,000 in Q2 2024, down from SEK 1,571,000 in Q2 2023.

  • Net result from discontinued units: SEK -2,059,000 in Q2 2024.

  • Equity at June 30, 2024: SEK 6,043,000; total assets: SEK 96,877,000.

Outlook and guidance

  • Group will transition to semi-annual reporting for the remainder of its listing period.

  • Sale of the German subsidiary expected to close in the current quarter, finalizing the group's exit from operations.

  • Liquidation and delisting from Nasdaq First North to commence shortly.

Reconcile going concern note with liquidation plan
Update on Mobileeee divestment timeline
What was the impact of the Q3 creditor accord?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Latest events from Move About Group
    Move About Group
    Your earnings 
season toolkit.
    Download
    Free on both iOS & Android.

    The essential earnings season companion

    The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

    Live calls and transcripts

    Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

    Find what you need faster

    Search for any keyword across all transcripts simultaneously.

    Easily store key findings

    Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

    Your watchlist. Your dashboard.

    Follow the companies that matter to you. Get a personalized feed with real-time updates.

    Be the first to know

    Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

    Consensus estimates

    Access analyst consensus estimates, valuation multiples, and revenue segments splits.

    All IR material in one place

    The easiest way to stay updated during earnings season.

    Global coverage

    All events from public companies. Live and recorded.

    Just click and listen

    No webcast links. No manual registrations.

    Research anytime, anywhere

    Built for professionals. Loved by everyone. Try our free mobile app.

    excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
    App-store-avatar.png play-store-avatar.png
    Leroy DaleyApp Store
    One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
    play-store-avatar
    Eferix Drawings Google Play
    This is genuinely one of the cleanest and fastest finance apps out there to track the market.
    App-store-avatar.png play-store-avatar.png
    anuj283App Store
    excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
    App-store-avatar.png play-store-avatar.png
    Leroy DaleyApp Store
    One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
    play-store-avatar
    Eferix Drawings Google Play
    This is genuinely one of the cleanest and fastest finance apps out there to track the market.
    App-store-avatar.png play-store-avatar.png
    anuj283App Store
    I can't remember the last time an app had such a positive impact on my investment process.
    x-avatar
    @ankurshah47_ x.com
    Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
    App-store-avatar.png play-store-avatar.png
    Amina0781App Store
    Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
    x-avatar
    @theshortbearx.com
    I can't remember the last time an app had such a positive impact on my investment process.
    x-avatar
    @ankurshah47_ x.com
    Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
    App-store-avatar.png play-store-avatar.png
    Amina0781App Store
    Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
    x-avatar
    @theshortbearx.com

    Frequently asked questions

    Explore our global coverage