contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Moment Group operates in the experience industry and focuses on, among other things, musicals, theater, concerts, dinner parties, clubs, events, activity restaurants and bistros. The company's products are aimed at private individuals and companies looking for entertainment and media companies. The business has a primary presence in Sweden. Moment Group was founded in 1987 and is headquartered in Gothenburg, Sweden.

Moment Group

COVID-19 lockdown measures continue to pressure in Q2’21Moment reported Q2’21 total income of SEK 45m (SEK 20m in government aid), which was 23.5% above our estimate of SEK 37m, for a total ...

COVID-19 lockdown measures continue to pressure in Q2’21 Moment reported Q2’21 total income of SEK 45m (SEK 20m in government aid), which was 23.5% above our estimate of SEK 37m, for a total y-o-y growth of -2.1%. The majority of operations were closed down in Q2, however COVID-19 easing measures did allow Moment to initiate limited sales of tickets for summer events in Falkenberg, which contributed in Q2. Opex was mainly flat compared to Q1’21, at ~SEK 55m, which was due to Moment’s much reduced cost base. As such, reported EBIT was SEK -25m compared to our estimate of SEK -15m. Lower growth expectations for Q3’21e drive estimates Following the Q2 report, which was below our estimates, we opt to lower our sales assumptions by ~7% for ‘21e-‘23e, mainly driven by us adjusting our growth assumptions for Q3’21e. The majority of Moment’s operations were closed down in Q2, and the ones which have been able to operate have had limited operations. The Swedish government has established a gradual easing of lockdown measures, which started on 1 July, but given the current measures we think that Moment will be negatively pressured in Q3’21e as well. We also adjust the number of outstanding shares as a result of recent financing initiatives, which drives our EPS estimate revisions. EV/EBIT of 17-10x ‘22e-’23e, new cost base could lift margins Based on our updated estimates and at the current share price, Moment is trading at an EV/sales of 1.2-0.4x for ’21e-’23e, and an EV/EBIT of 17.3-10.4x for ’22e-’23e. In terms of ’22e, we don’t factor in any significant revenue improvement until Q4’21e, which will depend on whether the Swedish government’s current plan of gradually easing lockdown measures can be maintained. However, given Moment’s new and flexible cost base, we could see significant margin improvement in the years to come compared to historical levels.