2025 Q4 -tulosraportti
1 päivä sitten
‧18 min
Tarjoustasot
First North Sweden
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 68 | - | - | ||
| 2 000 | - | - | ||
| 68 | - | - | ||
| 1 513 | - | - | ||
| 276 | - | - |
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 29.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 31.3. | ||
2025 Q3 -tulosraportti 28.11.2025 | ||
2025 Q2 -tulosraportti 29.8.2025 | ||
2025 Q1 -tulosraportti 30.5.2025 | ||
2024 Q4 -tulosraportti 28.2.2025 |
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·7 t sittenOK, here's my analysis of the report, the current situation, and outlook 2026. - The report: just as expected, AUM has poured in Jan-Mar…some in Dec…but consider that Q4 was Oct-Dec and in Oct the AUM was nowhere near what it is now. Many negative results but now everything is behind us: - Uncertainty around the report, i.e., before the Q4 report, some didn't dare to invest too much for fear that the report might cause the stock to fall. Now the report was bad but the stock stayed around 5.90-6kr. In some cases, uncertainty can be worse than a bad report. Now we know that the 2025 result was not good, now we move on! - Read the report carefully! The negative result was largely one-off costs for all acquisitions during 2025, as well as the Syntetika build-out and the ESOP program that secured key personnel for several years. - AUM is flowing in like never before, March KPI will be great and interest in Basis+ is greater than ever. - I became extremely bullish after the latest Syntetika call with Lilic, it will be absolutely huge! It is unique in my opinion! - The cash? I believe the money in the cash will be enough until we reach break even. If not, there will NOT be any new share issue with dilution. Helena can still be utilized but there are also funds in Treasury that can be reallocated/utilized. The only time I can imagine a new share issue happening is if a really strong player explicitly wants to enter Hilbert. E.g. (hypothetically) a large American player that would be great to bring in, say they want to buy in 2-3%, then Hilbert might consider a directed issue, however without a discount. If this were to happen, it would rather be fantastic than be seen as dilution. - The only negative thing right now is if the war continues in Iran. Not that it's a catastrophe for Hilbert but it makes investments slower. - End of the war, BTC up towards 80k, Hilbert in the black….then we can see 15kr in June, completely reasonable! - I believe in a US listing by Q1 2027 at the latest. Finally, to describe how I feel right now: Mega-bullish!
11 t sitten11 t sittenrussell på Linkedin : I addressed that question in one of the interviews I did last month in Stockholm. As of this month the monthly CEO update from Barnali will include AUM values.
·1 päivä sittenRT on LinkedIn : 2026 is the year where we scale Hilbert beyond recognition. There's light on the horizon.
·11 t sitten · MuokattuYou have two choices. a) stay on the sidelines and that only gives you loss (compared to profit if you buy now under 6) b) enter now at a historically low price compared to where the company is now fundamentally established. Then you reap the profit almost risk-free from all the work done in recent years and get to experience an early "harvesting phase" This reminded me of biotech stocks that work for years and must go through several phase approvals before a product can eventually be launched for sale. Most fail with phase 1, 2 or 3 approval. But those who succeed have great earning potential. Do you get the analogy? In that case, the answer to whether buying at 5-6 is a good buy answers itself
·1 päivä sitten · MuokattuAs I read the report, the CEO says that "group total AUM" is just under 400m usd as of mid-March. This includes at least 3000btc in Xapo, i.e. approx 200m usd, and 105m usd in Syntetika. Thus, there is less than 95m usd in Basis+ and multistrat (excl. Syntetika). Considering that Basis+ is referred to as the flagship, one must assume that the majority of the remaining barely 95m is here. The CEO further writes that 20m usd is confirmed for the beginning of April. I then think that the year started with ca45m usd in Basis+, and that it increased by 20m usd in January and 20m usd in February. The underlying figures are then 45m*1.45 = 65m for January. Furthermore for February 65m*1.285 =84m. 45% in January and 28.5% in February are published KPIs. 84m+105m+200m=389m, and then multistrat and any capital added from end Feb. to mid-March come in addition, and then the total is just under 400m. Ref. CEO on page 6 of today's report.·1 päivä sitten
1 päivä sitten1 päivä sittenMessy Q4, but the underlying story is compelling. 2026 numbers are cluttered by acquisition-related one-offs from the Liberty Road, Nordark and Enigma deals. The three transactions that defined 2025 as a year of transformation. Look through the noise and the picture is encouraging. Cash stood at USD 3.1m at year-end with a burn rate of ~USD 800k per month, but opex is set to step down meaningfully in 2026 as the one-off acquisition costs fall away. The Q1 data points are what matter most. Hilbert's funds are up 1.5% YTD against a Bitcoin market down 25%, the Multistrat fund alone (c.20% of AUM) is up 30% YTD. That kind of risk-adjusted outperformance is exactly what institutional allocators need to see, and it is translating directly into AUM momentum: AUM up 86% YTD, with a pipeline of USD 300m+ in new allocations spanning 25+ allocators not yet deployed. The receipt of sovereign wealth fund allocations adds a layer of institutional validation that is hard to replicate. Revenue should accelerate as the business scales through 2026, and the setup into year-end is increasingly credible. Conclusion: If the 1bn USD AUM target for year-end 2026 is achievable, and the early evidence supports it. The stock is deeply mispriced at current levels. Stellar risk-adjusted returns, institutional backing, and a compounding AUM flywheel. Under anything resembling normal market conditions, this is an attractive entry point.·1 päivä sittenSo one can like it or not and think that Hilbert is not a Bitcon company, but there is little doubt that Hilbert will get significant tailwind for its share price the day optimism in Bitcoin and the crypto market turns. When the Bitcoin price again ticks upwards and passes UDS 90,000 - 100,000 again, it will be challenging to chase after Hilbert. The macro picture and the crypto market are now "rotten", but as before, it will turn around again, and then one must be alert.·1 päivä sitten · MuokattuWhen Hilbert first breaks even. Can go faster than many think, and the way back to 10 sec is very short (in my book). I don't dare to sit on the sidelines, and like Nielen, I don't have the competence or interest for short-term trades. 2026 is Hilbert and syntetika's year!! We can check the status regarding that statement on 31/12/26. (Take a screenshot @Baretaper)
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2025 Q4 -tulosraportti
1 päivä sitten
‧18 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·7 t sittenOK, here's my analysis of the report, the current situation, and outlook 2026. - The report: just as expected, AUM has poured in Jan-Mar…some in Dec…but consider that Q4 was Oct-Dec and in Oct the AUM was nowhere near what it is now. Many negative results but now everything is behind us: - Uncertainty around the report, i.e., before the Q4 report, some didn't dare to invest too much for fear that the report might cause the stock to fall. Now the report was bad but the stock stayed around 5.90-6kr. In some cases, uncertainty can be worse than a bad report. Now we know that the 2025 result was not good, now we move on! - Read the report carefully! The negative result was largely one-off costs for all acquisitions during 2025, as well as the Syntetika build-out and the ESOP program that secured key personnel for several years. - AUM is flowing in like never before, March KPI will be great and interest in Basis+ is greater than ever. - I became extremely bullish after the latest Syntetika call with Lilic, it will be absolutely huge! It is unique in my opinion! - The cash? I believe the money in the cash will be enough until we reach break even. If not, there will NOT be any new share issue with dilution. Helena can still be utilized but there are also funds in Treasury that can be reallocated/utilized. The only time I can imagine a new share issue happening is if a really strong player explicitly wants to enter Hilbert. E.g. (hypothetically) a large American player that would be great to bring in, say they want to buy in 2-3%, then Hilbert might consider a directed issue, however without a discount. If this were to happen, it would rather be fantastic than be seen as dilution. - The only negative thing right now is if the war continues in Iran. Not that it's a catastrophe for Hilbert but it makes investments slower. - End of the war, BTC up towards 80k, Hilbert in the black….then we can see 15kr in June, completely reasonable! - I believe in a US listing by Q1 2027 at the latest. Finally, to describe how I feel right now: Mega-bullish!
- 11 t sitten11 t sittenrussell på Linkedin : I addressed that question in one of the interviews I did last month in Stockholm. As of this month the monthly CEO update from Barnali will include AUM values.
- ·1 päivä sittenRT on LinkedIn : 2026 is the year where we scale Hilbert beyond recognition. There's light on the horizon.·11 t sitten · MuokattuYou have two choices. a) stay on the sidelines and that only gives you loss (compared to profit if you buy now under 6) b) enter now at a historically low price compared to where the company is now fundamentally established. Then you reap the profit almost risk-free from all the work done in recent years and get to experience an early "harvesting phase" This reminded me of biotech stocks that work for years and must go through several phase approvals before a product can eventually be launched for sale. Most fail with phase 1, 2 or 3 approval. But those who succeed have great earning potential. Do you get the analogy? In that case, the answer to whether buying at 5-6 is a good buy answers itself
- ·1 päivä sitten · MuokattuAs I read the report, the CEO says that "group total AUM" is just under 400m usd as of mid-March. This includes at least 3000btc in Xapo, i.e. approx 200m usd, and 105m usd in Syntetika. Thus, there is less than 95m usd in Basis+ and multistrat (excl. Syntetika). Considering that Basis+ is referred to as the flagship, one must assume that the majority of the remaining barely 95m is here. The CEO further writes that 20m usd is confirmed for the beginning of April. I then think that the year started with ca45m usd in Basis+, and that it increased by 20m usd in January and 20m usd in February. The underlying figures are then 45m*1.45 = 65m for January. Furthermore for February 65m*1.285 =84m. 45% in January and 28.5% in February are published KPIs. 84m+105m+200m=389m, and then multistrat and any capital added from end Feb. to mid-March come in addition, and then the total is just under 400m. Ref. CEO on page 6 of today's report.·1 päivä sitten
- 1 päivä sitten1 päivä sittenMessy Q4, but the underlying story is compelling. 2026 numbers are cluttered by acquisition-related one-offs from the Liberty Road, Nordark and Enigma deals. The three transactions that defined 2025 as a year of transformation. Look through the noise and the picture is encouraging. Cash stood at USD 3.1m at year-end with a burn rate of ~USD 800k per month, but opex is set to step down meaningfully in 2026 as the one-off acquisition costs fall away. The Q1 data points are what matter most. Hilbert's funds are up 1.5% YTD against a Bitcoin market down 25%, the Multistrat fund alone (c.20% of AUM) is up 30% YTD. That kind of risk-adjusted outperformance is exactly what institutional allocators need to see, and it is translating directly into AUM momentum: AUM up 86% YTD, with a pipeline of USD 300m+ in new allocations spanning 25+ allocators not yet deployed. The receipt of sovereign wealth fund allocations adds a layer of institutional validation that is hard to replicate. Revenue should accelerate as the business scales through 2026, and the setup into year-end is increasingly credible. Conclusion: If the 1bn USD AUM target for year-end 2026 is achievable, and the early evidence supports it. The stock is deeply mispriced at current levels. Stellar risk-adjusted returns, institutional backing, and a compounding AUM flywheel. Under anything resembling normal market conditions, this is an attractive entry point.·1 päivä sittenSo one can like it or not and think that Hilbert is not a Bitcon company, but there is little doubt that Hilbert will get significant tailwind for its share price the day optimism in Bitcoin and the crypto market turns. When the Bitcoin price again ticks upwards and passes UDS 90,000 - 100,000 again, it will be challenging to chase after Hilbert. The macro picture and the crypto market are now "rotten", but as before, it will turn around again, and then one must be alert.·1 päivä sitten · MuokattuWhen Hilbert first breaks even. Can go faster than many think, and the way back to 10 sec is very short (in my book). I don't dare to sit on the sidelines, and like Nielen, I don't have the competence or interest for short-term trades. 2026 is Hilbert and syntetika's year!! We can check the status regarding that statement on 31/12/26. (Take a screenshot @Baretaper)
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
First North Sweden
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 68 | - | - | ||
| 2 000 | - | - | ||
| 68 | - | - | ||
| 1 513 | - | - | ||
| 276 | - | - |
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 29.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 31.3. | ||
2025 Q3 -tulosraportti 28.11.2025 | ||
2025 Q2 -tulosraportti 29.8.2025 | ||
2025 Q1 -tulosraportti 30.5.2025 | ||
2024 Q4 -tulosraportti 28.2.2025 |
2025 Q4 -tulosraportti
1 päivä sitten
‧18 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 29.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 31.3. | ||
2025 Q3 -tulosraportti 28.11.2025 | ||
2025 Q2 -tulosraportti 29.8.2025 | ||
2025 Q1 -tulosraportti 30.5.2025 | ||
2024 Q4 -tulosraportti 28.2.2025 |
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·7 t sittenOK, here's my analysis of the report, the current situation, and outlook 2026. - The report: just as expected, AUM has poured in Jan-Mar…some in Dec…but consider that Q4 was Oct-Dec and in Oct the AUM was nowhere near what it is now. Many negative results but now everything is behind us: - Uncertainty around the report, i.e., before the Q4 report, some didn't dare to invest too much for fear that the report might cause the stock to fall. Now the report was bad but the stock stayed around 5.90-6kr. In some cases, uncertainty can be worse than a bad report. Now we know that the 2025 result was not good, now we move on! - Read the report carefully! The negative result was largely one-off costs for all acquisitions during 2025, as well as the Syntetika build-out and the ESOP program that secured key personnel for several years. - AUM is flowing in like never before, March KPI will be great and interest in Basis+ is greater than ever. - I became extremely bullish after the latest Syntetika call with Lilic, it will be absolutely huge! It is unique in my opinion! - The cash? I believe the money in the cash will be enough until we reach break even. If not, there will NOT be any new share issue with dilution. Helena can still be utilized but there are also funds in Treasury that can be reallocated/utilized. The only time I can imagine a new share issue happening is if a really strong player explicitly wants to enter Hilbert. E.g. (hypothetically) a large American player that would be great to bring in, say they want to buy in 2-3%, then Hilbert might consider a directed issue, however without a discount. If this were to happen, it would rather be fantastic than be seen as dilution. - The only negative thing right now is if the war continues in Iran. Not that it's a catastrophe for Hilbert but it makes investments slower. - End of the war, BTC up towards 80k, Hilbert in the black….then we can see 15kr in June, completely reasonable! - I believe in a US listing by Q1 2027 at the latest. Finally, to describe how I feel right now: Mega-bullish!
- 11 t sitten11 t sittenrussell på Linkedin : I addressed that question in one of the interviews I did last month in Stockholm. As of this month the monthly CEO update from Barnali will include AUM values.
- ·1 päivä sittenRT on LinkedIn : 2026 is the year where we scale Hilbert beyond recognition. There's light on the horizon.·11 t sitten · MuokattuYou have two choices. a) stay on the sidelines and that only gives you loss (compared to profit if you buy now under 6) b) enter now at a historically low price compared to where the company is now fundamentally established. Then you reap the profit almost risk-free from all the work done in recent years and get to experience an early "harvesting phase" This reminded me of biotech stocks that work for years and must go through several phase approvals before a product can eventually be launched for sale. Most fail with phase 1, 2 or 3 approval. But those who succeed have great earning potential. Do you get the analogy? In that case, the answer to whether buying at 5-6 is a good buy answers itself
- ·1 päivä sitten · MuokattuAs I read the report, the CEO says that "group total AUM" is just under 400m usd as of mid-March. This includes at least 3000btc in Xapo, i.e. approx 200m usd, and 105m usd in Syntetika. Thus, there is less than 95m usd in Basis+ and multistrat (excl. Syntetika). Considering that Basis+ is referred to as the flagship, one must assume that the majority of the remaining barely 95m is here. The CEO further writes that 20m usd is confirmed for the beginning of April. I then think that the year started with ca45m usd in Basis+, and that it increased by 20m usd in January and 20m usd in February. The underlying figures are then 45m*1.45 = 65m for January. Furthermore for February 65m*1.285 =84m. 45% in January and 28.5% in February are published KPIs. 84m+105m+200m=389m, and then multistrat and any capital added from end Feb. to mid-March come in addition, and then the total is just under 400m. Ref. CEO on page 6 of today's report.·1 päivä sitten
- 1 päivä sitten1 päivä sittenMessy Q4, but the underlying story is compelling. 2026 numbers are cluttered by acquisition-related one-offs from the Liberty Road, Nordark and Enigma deals. The three transactions that defined 2025 as a year of transformation. Look through the noise and the picture is encouraging. Cash stood at USD 3.1m at year-end with a burn rate of ~USD 800k per month, but opex is set to step down meaningfully in 2026 as the one-off acquisition costs fall away. The Q1 data points are what matter most. Hilbert's funds are up 1.5% YTD against a Bitcoin market down 25%, the Multistrat fund alone (c.20% of AUM) is up 30% YTD. That kind of risk-adjusted outperformance is exactly what institutional allocators need to see, and it is translating directly into AUM momentum: AUM up 86% YTD, with a pipeline of USD 300m+ in new allocations spanning 25+ allocators not yet deployed. The receipt of sovereign wealth fund allocations adds a layer of institutional validation that is hard to replicate. Revenue should accelerate as the business scales through 2026, and the setup into year-end is increasingly credible. Conclusion: If the 1bn USD AUM target for year-end 2026 is achievable, and the early evidence supports it. The stock is deeply mispriced at current levels. Stellar risk-adjusted returns, institutional backing, and a compounding AUM flywheel. Under anything resembling normal market conditions, this is an attractive entry point.·1 päivä sittenSo one can like it or not and think that Hilbert is not a Bitcon company, but there is little doubt that Hilbert will get significant tailwind for its share price the day optimism in Bitcoin and the crypto market turns. When the Bitcoin price again ticks upwards and passes UDS 90,000 - 100,000 again, it will be challenging to chase after Hilbert. The macro picture and the crypto market are now "rotten", but as before, it will turn around again, and then one must be alert.·1 päivä sitten · MuokattuWhen Hilbert first breaks even. Can go faster than many think, and the way back to 10 sec is very short (in my book). I don't dare to sit on the sidelines, and like Nielen, I don't have the competence or interest for short-term trades. 2026 is Hilbert and syntetika's year!! We can check the status regarding that statement on 31/12/26. (Take a screenshot @Baretaper)
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
First North Sweden
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 68 | - | - | ||
| 2 000 | - | - | ||
| 68 | - | - | ||
| 1 513 | - | - | ||
| 276 | - | - |
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| Anonyymi | 145 752 | 145 752 | 0 | 0 |