A 
6.15
+0.82%
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
—
FY2016FY2025
Net income
−SEK 19.3m
FY2016FY2025
Free cash flow
−SEK 20.9m
FY2016FY2025
Shareholders' equity
SEK 111.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | SEK 15,000 | SEK 7,000 | — | SEK 118,000 | SEK 139,000 | SEK 2,210 | SEK 2.3m | — | — |
| Operating income | −SEK 19.3m | −SEK 5.9m | −SEK 9.4m | −SEK 18.9m | −SEK 15.9m | −SEK 21.1m | −SEK 6.5m | −SEK 2.5m | −SEK 1.4m | −SEK 3.7m |
| Net income | −SEK 19.3m | −SEK 5.8m | −SEK 11,284 | −SEK 18.9m | −SEK 15.9m | −SEK 21.0m | −SEK 6.6m | −SEK 2.7m | −SEK 1.6m | −SEK 3.7m |
| Diluted earnings per share | -0.43 | -0.04 | -0.00 | -0.13 | -0.11 | -0.23 | -0.04 | -0.04 | -0.04 | -0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 122.5m | SEK 111.3m | SEK 57.4m | SEK 60.7m | SEK 72.2m | SEK 57.4m | SEK 68.1m | SEK 60.0m | SEK 51.6m | SEK 32.3m |
| Cash and short-term investments | SEK 18.8m | SEK 13.0m | SEK 4.6m | SEK 5.4m | SEK 18.0m | SEK 2.1m | SEK 12.0m | SEK 6.7m | SEK 634,000 | SEK 1.5m |
| Total liabilities | SEK 10.6m | SEK 8.6m | SEK 8.7m | SEK 8.6m | SEK 6.1m | SEK 12.3m | SEK 2.0m | SEK 1.1m | SEK 3.7m | SEK 2.4m |
| Debt | — | SEK 6.3m | SEK 8.0m | SEK 6.7m | — | — | — | — | SEK 3.0m | SEK 2.0m |
| Shareholders' equity | SEK 111.9m | SEK 102.7m | SEK 48.7m | SEK 52.1m | SEK 66.0m | SEK 45.0m | SEK 66.1m | SEK 59.0m | SEK 47.9m | SEK 29.9m |
| Shares outstanding | 45m | 167m | 166m | 150m | 142m | 91m | 182m | 75m | 43m | 22m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 15.9m | −SEK 4.5m | −SEK 10.1m | −SEK 15.5m | −SEK 11.6m | −SEK 5.5m | −SEK 5.6m | −SEK 3.4m | −SEK 822,000 | −SEK 1.2m |
| Capital spending | −SEK 5.0m | −SEK 979,000 | — | −SEK 2.1m | −SEK 362,000 | −SEK 4.4m | −SEK 2.7m | −SEK 2.3m | — | — |
| Free cash flow | −SEK 20.9m | −SEK 5.5m | −SEK 10.1m | −SEK 17.5m | −SEK 12.0m | −SEK 9.9m | −SEK 8.3m | −SEK 5.7m | −SEK 822,000 | −SEK 1.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | SEK 366,000 | — | SEK 6,000 | — | SEK 3,500 | SEK 3,500 |
| Operating income | −SEK 8.6m | −SEK 11.0m | −SEK 8.3m | −SEK 4.2m | −SEK 1.7m | −SEK 850,000 | −SEK 3.4m | −SEK 1.7m |
| Net income | −SEK 8.6m | −SEK 11.0m | −SEK 8.3m | −SEK 4.1m | −SEK 1.7m | −SEK 850,000 | −SEK 5.3m | −SEK 2.7m |
| Diluted earnings per share | -0.17 | -0.24 | -0.18 | -0.02 | -0.01 | -0.01 | -0.03 | -0.02 |
| Cash from operations | −SEK 8.0m | −SEK 4.0m | −SEK 11.0m | −SEK 2.0m | −SEK 1.0m | — | — | — |
| Capital spending | — | −SEK 4.0m | — | — | — | — | — | — |
| Free cash flow | — | −SEK 8.0m | — | — | — | — | — | — |
| Total assets | SEK 151.7m | SEK 122.5m | SEK 120.2m | SEK 111.3m | SEK 55.4m | SEK 55.4m | SEK 57.4m | SEK 57.4m |
| Cash and short-term investments | SEK 38.1m | SEK 18.8m | SEK 19.2m | SEK 13.0m | SEK 2.8m | SEK 2.8m | SEK 4.6m | SEK 4.6m |
| Debt | — | — | — | SEK 6.3m | — | — | SEK 8.0m | — |
| Shareholders' equity | SEK 140.3m | SEK 111.9m | SEK 111.6m | SEK 102.7m | SEK 47.0m | SEK 47.0m | SEK 48.7m | SEK 48.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 0.8% | -1.7% | -1.1% |
| Net income | 0.8% | -1.7% | 97.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.4 | -60.4 | -30393.4 | -39.7 | -61.1 | -37.5 | -227.4 | -194.3 | -217.7 | -25.8 |
| Price to sales | — | — | — | — | — | — | — | 225.2 | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 4 Mar 2025
- 10-to-1 reverse split · 17 Nov 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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