Preliminary figures for the Tellus Group’s first quarter of 2023 indicate continued strong growth. The strategy of both new business ventures and acquisitions continues to pay off, and the company has now reached a new milestone with quarterly revenue exceeding 100 million SEK. At the same time, EBITDA and adjusted EBITDA...
Tellusgruppen Tellusgruppen is now expanding its offering of educational services and native language instruction through the acquisition of Språkservice 24. The company is a leading provider of specialized services in modern languages, native language instruction, and academic counseling, tailored to the schools’ preferences and students’ needs. is acquiring all shares in the company. The purchase price...
In 2022, the Tellus Group’s revenue increased by 33.2 percent to 349.7 MSEK. Operating profit before depreciation and amortization (EBITDA) amounted to SEK 12.7 million (2.2), with a margin of 3.6 percent (0.8). During the year, Tellusgruppen also expanded into a fourth segment—educational services—in addition to schools, preschools, and childcare, through...
The third quarter was an eventful period for Tellusgruppen. At the macro level, economic concerns intensified in the form of rising inflation and an economic slowdown. The election campaign ended with a victory for the opposition. At the corporate level, the acquisition of the parent company Omniglot was completed. Third Quarter 2022 Significant Events...
Lotta Edholm was appointed today by Prime Minister Ulf Kristersson (M) as the new Minister of Education in the Swedish government. Lotta Edholm joined the board of Tellusgruppen AB in March 2021 and, following her appointment as minister, will step down from her position on the board of the independent school group. Lotta Edholm has a background...
Tellusgruppen AB is acquiring all shares in Omniglot AB, a leading provider of native-language education. With Omniglot , a new business segment—educational services—will be established within Tellusgruppen. The new segment will have an immediate positive impact on the Group’s profitability and growth. The acquisition also creates new opportunities in...
Tellusgruppen continues to post strong growth figures. All operations grew during the second quarter, and growth is broad-based and taking various forms across all segments. Second Quarter 2022 Revenue increased by 37.9 percent to 90.7 MSEK (65.8). Organic growth amounted to 15.0 percent, while...
Tellusgruppen AB (publ) (“Tellusgruppen” or “the Company”) today announces the results of the exercise of Series TO1 warrants (“the Warrants”), which were issued in connection with the Company’s listing on the Nasdaq First North Growth Market during the second quarter of 2021. A total of 0 (zero) Series TO1 warrants were exercised. The outcome is...
The first quarter of the year was marked by strong growth, which signals that the long-term journey toward becoming a larger, high-quality company with a broad offering continues. As part of this strategy, four distinct preschool concepts have been developed and launched on a broader...
Today, May 9, 2022, marks the start of the subscription period for shares pursuant to Series TO1 warrants in Tellusgruppen AB (publ) (“Tellusgruppen” or “the Company”). In connection with the Company’s listing on the Nasdaq First North Growth Market during the second quarter of 2021, the Company carried out a new share issue of...