E
4.03
+1.00%
Close of 9 Nov 2026, in SEK
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in SEK, from our data supplier.
Revenue
SEK 161.1m
FY2017FY2025
Net income
−SEK 62.6m
FY2017FY2025
Free cash flow
SEK 974,000
FY2017FY2025
Shareholders' equity
SEK 45.4m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 161.1m | SEK 177.8m | SEK 177.9m | SEK 123.1m | SEK 62.6m | SEK 23.9m | SEK 7.5m | SEK 5.4m | SEK 1.3m |
| Research and development | — | SEK 27.0m | SEK 28.5m | SEK 14.5m | SEK 4.5m | SEK 5.1m | — | — | — |
| Operating income | −SEK 82.7m | −SEK 115.1m | −SEK 86.7m | −SEK 102.5m | −SEK 57.1m | −SEK 26.2m | −SEK 14.3m | −SEK 26.3m | −SEK 4.5m |
| Net income | −SEK 62.6m | −SEK 104.8m | −SEK 79.9m | −SEK 97.7m | −SEK 57.4m | −SEK 26.5m | −SEK 15.0m | −SEK 28.3m | −SEK 4.6m |
| Diluted earnings per share | -2.49 | -4.17 | -3.30 | -5.52 | -3.86 | -6.81 | -0.60 | -1.12 | -0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 129.0m | SEK 212.9m | SEK 315.5m | SEK 304.0m | SEK 279.8m | SEK 76.8m | SEK 35.8m | SEK 53.7m | SEK 12.7m |
| Cash and short-term investments | SEK 42.4m | SEK 44.5m | SEK 80.5m | SEK 104.1m | SEK 251.5m | SEK 68.5m | SEK 20.7m | SEK 34.2m | SEK 1.2m |
| Total liabilities | SEK 83.6m | SEK 102.7m | SEK 105.1m | SEK 64.6m | SEK 12.7m | SEK 6.7m | SEK 5.5m | SEK 8.7m | SEK 3.8m |
| Debt | SEK 3.7m | SEK 8.8m | SEK 11.8m | — | — | SEK 817,000 | — | — | — |
| Shareholders' equity | SEK 45.4m | SEK 110.2m | SEK 210.4m | SEK 239.4m | SEK 267.1m | SEK 70.1m | SEK 30.3m | SEK 45.0m | SEK 8.8m |
| Shares outstanding | 25m | 25m | 24m | 18m | 15m | 4m | 25m | 25m | 18m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 8.8m | −SEK 26.9m | −SEK 17.9m | −SEK 65.5m | −SEK 51.5m | −SEK 11.9m | −SEK 7.7m | −SEK 27.4m | −SEK 1.9m |
| Capital spending | −SEK 7.8m | −SEK 6.9m | −SEK 16.0m | −SEK 16.5m | −SEK 8.4m | −SEK 5.7m | −SEK 3.8m | −SEK 3.7m | −SEK 4.9m |
| Free cash flow | SEK 974,000 | −SEK 33.8m | −SEK 33.8m | −SEK 82.0m | −SEK 59.9m | −SEK 17.6m | −SEK 11.5m | −SEK 31.1m | −SEK 6.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 35.1m | SEK 32.3m | SEK 40.1m | SEK 40.8m | SEK 41.6m | SEK 38.6m | SEK 44.7m | SEK 41.9m |
| Operating income | −SEK 4.2m | −SEK 15.1m | −SEK 10.1m | −SEK 9.2m | −SEK 24.6m | −SEK 21.0m | −SEK 23.0m | −SEK 34.7m |
| Net income | −SEK 7.9m | −SEK 13.4m | −SEK 10.0m | −SEK 8.0m | −SEK 24.2m | −SEK 20.3m | −SEK 21.4m | −SEK 29.4m |
| Diluted earnings per share | -0.31 | -0.53 | -0.40 | -0.32 | -0.96 | -0.81 | -0.85 | -1.17 |
| Cash from operations | −SEK 8.0m | SEK 16.0m | −SEK 8.0m | SEK 20.0m | −SEK 17.0m | SEK 14.0m | −SEK 12.0m | −SEK 3.0m |
| Capital spending | −SEK 1.0m | −SEK 1.0m | −SEK 1.0m | — | −SEK 3.0m | −SEK 2.0m | −SEK 1.0m | −SEK 1.0m |
| Free cash flow | −SEK 9.0m | SEK 15.0m | −SEK 9.0m | — | −SEK 20.0m | SEK 12.0m | −SEK 13.0m | −SEK 4.0m |
| Total assets | SEK 112.3m | SEK 131.0m | SEK 129.0m | SEK 158.4m | SEK 170.7m | SEK 201.8m | SEK 212.9m | SEK 247.0m |
| Cash and short-term investments | SEK 49.0m | SEK 57.6m | SEK 42.4m | SEK 55.0m | SEK 34.0m | SEK 55.4m | SEK 44.5m | SEK 59.4m |
| Debt | — | SEK 3.1m | SEK 3.7m | SEK 6.5m | SEK 7.3m | SEK 7.8m | SEK 8.8m | SEK 9.5m |
| Shareholders' equity | SEK 24.8m | SEK 31.5m | SEK 45.4m | SEK 55.6m | SEK 64.4m | SEK 87.9m | SEK 110.2m | SEK 138.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.4% | 46.5% | — |
| Operating income | -6.9% | 25.8% | — |
| Net income | -13.8% | 18.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.3 | -0.7 | -1.9 | -3.6 | -11.2 |
| Price to sales | 0.9 | 0.4 | 0.8 | 2.9 | 10.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.