A 
1.26
-0.79%
Close of 9 Nov 2026, in SEK
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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 127.2m
FY2019FY2025
Net income
SEK 4.1m
FY2019FY2025
Free cash flow
−SEK 7.1m
FY2019FY2025
Shareholders' equity
SEK 80.1m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | SEK 127.2m | SEK 98.1m | SEK 80.8m | SEK 75.9m | SEK 6.5m | SEK 29.4m | SEK 35.4m |
| Research and development | — | SEK 5.3m | SEK 4.5m | SEK 3.7m | SEK 4.5m | — | — |
| Operating income | SEK 3.3m | −SEK 23.3m | −SEK 17.3m | −SEK 30.6m | −SEK 7.4m | −SEK 14.1m | −SEK 12.8m |
| Net income | SEK 4.1m | −SEK 23.3m | −SEK 17.3m | −SEK 30.7m | −SEK 41.9m | −SEK 14.1m | −SEK 12.8m |
| Diluted earnings per share | 0.03 | -0.14 | -0.11 | -0.22 | -0.21 | -0.07 | -0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | SEK 117.1m | SEK 112.7m | SEK 124.6m | SEK 108.4m | SEK 119.3m | SEK 52.8m | SEK 40.4m |
| Cash and short-term investments | SEK 18.3m | SEK 11.3m | SEK 22.5m | SEK 18.9m | SEK 42.0m | SEK 16.2m | SEK 14.7m |
| Total liabilities | SEK 37.0m | SEK 36.1m | SEK 26.1m | SEK 23.7m | SEK 39.3m | SEK 13.2m | SEK 22.7m |
| Debt | SEK 11.9m | SEK 923,000 | SEK 2.6m | SEK 5.1m | SEK 6.0m | SEK 28,362 | SEK 85,202 |
| Shareholders' equity | SEK 80.1m | SEK 76.6m | SEK 98.6m | SEK 84.7m | SEK 80.0m | SEK 39.6m | SEK 17.7m |
| Shares outstanding | 162m | 162m | 162m | 138m | 200m | 200m | 200m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 2.9m | −SEK 13.0m | −SEK 13.8m | −SEK 38.1m | −SEK 9.7m | −SEK 16.0m | −SEK 10.0m |
| Capital spending | −SEK 4.2m | −SEK 8.3m | −SEK 5.7m | −SEK 7.7m | −SEK 7.5m | −SEK 7.7m | −SEK 40,976 |
| Free cash flow | −SEK 7.1m | −SEK 21.3m | −SEK 19.4m | −SEK 45.8m | −SEK 17.2m | −SEK 23.7m | −SEK 10.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 56.2m | SEK 38.1m | SEK 41.3m | SEK 29.7m | SEK 26.3m | SEK 27.2m | SEK 28.7m | SEK 22.6m |
| Operating income | −SEK 2.3m | −SEK 7,000 | SEK 5.8m | −SEK 5.0m | −SEK 10.3m | SEK 13.1m | SEK 608,000 | −SEK 90,000 |
| Net income | −SEK 2.1m | SEK 460,000 | SEK 6.1m | −SEK 4.7m | −SEK 10.3m | SEK 13.1m | SEK 608,000 | −SEK 90,000 |
| Diluted earnings per share | -0.01 | 0.00 | 0.04 | -0.03 | -0.06 | 0.08 | 0.00 | -0.00 |
| Cash from operations | −SEK 18.0m | SEK 51.0m | — | −SEK 2.0m | −SEK 3.0m | SEK 2.0m | −SEK 2.0m | SEK 6.0m |
| Capital spending | −SEK 18.0m | — | — | — | — | −SEK 1.0m | −SEK 1.0m | −SEK 2.0m |
| Free cash flow | −SEK 36.0m | — | — | — | — | SEK 1.0m | −SEK 3.0m | SEK 4.0m |
| Total assets | SEK 217.7m | SEK 242.9m | SEK 117.1m | SEK 107.0m | SEK 109.3m | SEK 125.6m | SEK 112.7m | SEK 111.2m |
| Cash and short-term investments | SEK 33.4m | SEK 70.4m | SEK 18.3m | SEK 16.6m | SEK 19.7m | SEK 14.6m | SEK 11.3m | SEK 12.7m |
| Debt | — | — | — | — | — | — | SEK 3.0m | — |
| Shareholders' equity | SEK 118.8m | SEK 119.0m | SEK 80.1m | SEK 74.4m | SEK 78.4m | SEK 88.7m | SEK 76.6m | SEK 75.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.8% | 34.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -8.9% | -17.8% | -21.4% | — |
| Net margin | -8.5% | -17.6% | -29.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 46.4 | -4.2 | -10.7 | -7.8 | -17.5 |
| Price to sales | 1.5 | 1.0 | 2.3 | 3.2 | 112.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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