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Added to YB: 2026-01-02

Pitch date: 2025-12-23

HAYPP.ST [neutral]

Haypp Group AB (publ)

+1.13%

current return

Author Info

Caro-Kann Capital is a research-intensive investment firm focused on small cap stocks. Visit the website.

Company Info

Haypp Group AB (publ) operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.

Market Cap

SEK 4.4B

Pitch Price

SEK 141.80

Price Target

4.3K (+2933%)

Dividend

N/A

EV/EBITDA

28.89

P/E

76.59

EV/Sales

1.20

Sector

Specialty Retail

Category

growth

Show full summary:
Caro-Kann Capital Portfolio Holding: Haypp Group AB

HAYPP.ST: Leading global online nicotine pouch retailer w/ strong moat from scale economies, top SEO ranking (sub-1% marketing spend), & manufacturer partnerships. Strong mgmt executing 7+ yrs, CEO owns 3.5%. Path to strong 3-5yr returns, potential 20-30x over 8-12yrs. Risks: regulation, Amazon entry, execution.

Read full article (2 min)