C 
25.60
0.00%
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 343.8m
FY2016FY2025
Net income
SEK 34.7m
FY2016FY2025
Free cash flow
−SEK 476,000
FY2016FY2025
Shareholders' equity
SEK 808.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 343.8m | SEK 266.9m | SEK 244.0m | SEK 195.3m | SEK 137.1m | SEK 70.6m | SEK 47.9m | SEK 24.0m | — | SEK 193.8m |
| Research and development | — | — | SEK 31.0m | SEK 10.4m | — | — | — | — | — | — |
| Operating income | SEK 9.4m | −SEK 52.8m | −SEK 77.5m | SEK 5.5m | SEK 9.6m | SEK 3.4m | SEK 4.5m | −SEK 6.7m | −SEK 5.8m | SEK 111.1m |
| Net income | SEK 34.7m | −SEK 41.0m | −SEK 46.4m | SEK 31.2m | −SEK 148,000 | −SEK 38.1m | SEK 3.2m | −SEK 7.0m | SEK 20.3m | SEK 141.8m |
| Diluted earnings per share | 0.50 | -0.57 | -0.58 | 0.39 | -0.00 | -0.90 | 0.08 | -0.17 | 1.00 | 6.96 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 941.0m | SEK 1.04bn | SEK 1.09bn | SEK 1.37bn | SEK 1.30bn | SEK 504.9m | SEK 136.7m | SEK 119.2m | SEK 61.8m | SEK 50.3m |
| Cash and short-term investments | SEK 139.5m | SEK 254.1m | SEK 373.9m | SEK 694.8m | SEK 882.8m | SEK 220.3m | SEK 10.9m | SEK 8.8m | SEK 61.6m | SEK 11.3m |
| Total liabilities | SEK 133.0m | SEK 174.0m | SEK 138.2m | SEK 144.3m | SEK 129.5m | SEK 104.0m | SEK 46.1m | SEK 27.8m | SEK 509,114 | SEK 1.2m |
| Debt | SEK 13.1m | SEK 41.2m | SEK 49.5m | SEK 36.5m | SEK 5.7m | SEK 5.7m | SEK 3.5m | SEK 1.2m | — | — |
| Shareholders' equity | SEK 808.0m | SEK 865.7m | SEK 955.4m | SEK 1.23bn | SEK 1.17bn | SEK 401.0m | SEK 90.6m | SEK 91.4m | SEK 61.3m | SEK 49.0m |
| Shares outstanding | 69m | 71m | 80m | 80m | 81m | 42m | 41m | 42m | 20m | 20m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 40.4m | SEK 36.6m | −SEK 4.5m | SEK 33.6m | SEK 32.5m | SEK 18.8m | SEK 12.0m | SEK 89,000 | −SEK 6.4m | −SEK 35.6m |
| Capital spending | −SEK 40.9m | −SEK 41.6m | −SEK 69.2m | −SEK 91.6m | −SEK 38.2m | −SEK 16.1m | −SEK 10.7m | −SEK 2.7m | — | −SEK 1.6m |
| Free cash flow | −SEK 476,000 | −SEK 5.0m | −SEK 73.7m | −SEK 57.9m | −SEK 5.7m | SEK 2.6m | SEK 1.3m | −SEK 2.6m | −SEK 6.4m | −SEK 37.2m |
| Dividends paid | — | — | −SEK 133.1m | — | — | — | — | −SEK 28.5m | — | −SEK 133.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 97.7m | SEK 90.4m | SEK 93.6m | SEK 82.2m | SEK 82.9m | SEK 85.2m | SEK 77.5m | SEK 66.3m |
| Operating income | −SEK 2.7m | SEK 1.6m | SEK 7.8m | SEK 8.3m | −SEK 3.7m | −SEK 1.8m | −SEK 23.6m | −SEK 8.8m |
| Net income | −SEK 2.8m | SEK 2.9m | SEK 29.1m | SEK 14.1m | −SEK 5.5m | −SEK 3.0m | −SEK 23.8m | −SEK 2.0m |
| Diluted earnings per share | -0.04 | 0.04 | 0.42 | 0.20 | -0.08 | -0.04 | -0.33 | -0.03 |
| Cash from operations | SEK 25.0m | SEK 42.0m | SEK 20.0m | SEK 3.0m | SEK 12.0m | SEK 4.0m | SEK 16.0m | −SEK 4.0m |
| Capital spending | −SEK 9.0m | −SEK 9.0m | −SEK 9.0m | −SEK 11.0m | −SEK 10.0m | −SEK 9.0m | −SEK 8.0m | −SEK 8.0m |
| Free cash flow | SEK 16.0m | SEK 33.0m | SEK 11.0m | −SEK 8.0m | SEK 2.0m | −SEK 5.0m | SEK 8.0m | −SEK 12.0m |
| Total assets | SEK 973.1m | SEK 921.9m | SEK 941.0m | SEK 985.6m | SEK 1.06bn | SEK 1.05bn | SEK 1.05bn | SEK 1.11bn |
| Cash and short-term investments | SEK 51.4m | SEK 130.0m | SEK 139.5m | SEK 172.7m | SEK 254.8m | SEK 253.2m | SEK 257.7m | SEK 367.7m |
| Debt | SEK 14.1m | SEK 13.3m | SEK 13.1m | SEK 12.8m | SEK 11.4m | SEK 11.2m | SEK 10.9m | SEK 12.0m |
| Shareholders' equity | SEK 792.5m | SEK 780.0m | SEK 808.0m | SEK 824.2m | SEK 880.0m | SEK 882.0m | SEK 878.3m | SEK 959.3m |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2009 | FY2008 | FY2007 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 2.7% | -15.8% | -19.7% | 18.0% | 3.2% | -49.6% | — | — | — |
| Net margin | 10.1% | -15.4% | -19.0% | 16.0% | -0.1% | -54.0% | — | — | — |
| Return on equity | 4.3% | -4.7% | -4.9% | 2.5% | -0.0% | -9.5% | — | — | — |
| Return on assets | 3.7% | -3.9% | -4.2% | 2.3% | -0.0% | -7.6% | — | — | — |
| Free cash flow yield | 4.4% | 4.1% | 3.0% | 5.8% | 3.3% | 3.1% | — | — | — |
| Revenue growth | 28.8% | 9.4% | 25.0% | 42.4% | 94.3% | 47.3% | — | — | — |
| Earnings growth | -184.6% | -11.8% | -249.0% | -21160.8% | -99.6% | -1287.1% | — | — | — |
| Current ratio | 1.95x | 2.70x | 4.69x | 7.81x | 8.34x | 5.78x | — | — | — |
| Debt to equity | 0.02x | 0.01x | 0.01x | 0.01x | 0.00x | 0.01x | — | — | — |
| Equity ratio | 85.9% | 83.3% | 87.4% | 89.5% | 90.0% | 79.4% | — | — | — |
| Interest coverage | 4.96x | -18.29x | -22.93x | 27.59x | 6.78x | -50.92x | — | — | — |
| R&D as a share of sales | — | — | 12.7% | 5.3% | — | — | 4.3% | 4.6% | 3.0% |
| Buybacks as a share of market value | 2.9% | 10.7% | -0.2% | 1.1% | -90.7% | -3.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.8% | 37.3% | 1.3% |
| Operating income | 19.3% | 22.4% | — |
| Net income | 3.6% | — | -5.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.1% | -11.0% | -8.1% | — |
| Net margin | -1.0% | -2.1% | -4.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 54.2 | -38.6 | -19.4 | 42.4 | -20944.3 | -39.9 | 89.6 | -42.5 | 7.1 | 1.0 |
| Price to sales | 5.5 | 5.9 | 3.7 | 6.8 | 22.6 | 21.5 | 6.0 | 12.5 | — | 0.7 |
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.