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Carasent Q4-25: Why I am buying the fear
The market believes AI will kill SaaS, but Carasent just delivered a Q4-25 that proves the fear is dead wrong. Carasent provides asymmetric upside…
16 hrs ago
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Vitec Q4-25: The compounder strikes back
The boring compounder just woke up, delivering a report that sent the stock soaring 15%. In this deep dive, I look past the headlines to explain why the…
Feb 12
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The Next Phase: Why I am "Going Paid"
To take my deep-dive analysis to the next level, I am launching a paid tier. I wanted to share the game plan and a special 'Charter Member' offer to…
Feb 6
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Hexatronic Q4-2025: The Fallen Angel has stopped falling
Q4 confirms that the bottom is in. While headline sales were flat, the underlying engine grew 10% organically, powered by a 62% surge in Data Centers…
Feb 6
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Evolution Q4-25: A floor, not a victory lap
The Q4 report confirms that the bleeding has stopped, but we aren't fully in the clear yet. While Asia has stabilized and the US engine is showing…
Feb 5
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January 2026
The Q4-2025 earnings preview
Where the story stands for the companies that I have analyzed, and what I will be watching for in their upcoming Q4 reports.
Jan 29
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Ovzon AB: Compounder of the New Space Race
While the market chases LEO volume, this Swedish small-cap has cornered the market on stealth, creating a unique asymmetric opportunity in the defense…
Jan 15
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Fjord Alpha's outlook into 2026
My observations on the 2026 investment landscape and a status report on our core Nordic theses.
Jan 8
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December 2025
GN Store Nord: Thesis and mispricing intact
Q3 2025 validates the turnaround narrative while the market still prices GN like a distressed cyclical.
Dec 18, 2025
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Hexatronic: Fallen Angel offers asymmetric opportunity
A deep dive into the battered Swedish fiber compounder, the aftermath of a short-seller attack, and the coiled spring of US infrastructure spending.
Dec 10, 2025
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Embracer: The great unbundling
Coffee Stain IPO's on the 11th of December, thereby splitting Embracer Group into two parts. Here is why this is likely to unlock value for…
Dec 4, 2025
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November 2025
Evolution: The US engine roars
Record-breaking revenue in the "Big Three" states proves the North American thesis is stronger than ever.
Nov 25, 2025
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