C 
2.07
-4.17%
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 709,253
FY2016FY2025
Net income
−SEK 20.2m
FY2016FY2025
Free cash flow
−SEK 39.8m
FY2016FY2025
Shareholders' equity
SEK 49.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 709,253 | SEK 2.9m | SEK 987,834 | SEK 6.2m | SEK 4.0m | SEK 10.9m | SEK 14.6m | SEK 3.5m | SEK 3.2m | SEK 2.7m |
| Gross profit | −SEK 21.1m | −SEK 7.6m | −SEK 7.6m | −SEK 2.0m | −SEK 5.3m | −SEK 189,668 | SEK 3.6m | −SEK 4.1m | −SEK 3.5m | −SEK 1.3m |
| Research and development | — | SEK 2.8m | SEK 4.3m | SEK 5.9m | SEK 7.3m | SEK 7.3m | SEK 6.6m | SEK 4.5m | SEK 3.2m | SEK 2.1m |
| Operating income | −SEK 22.6m | −SEK 26.4m | −SEK 49.4m | −SEK 24.3m | −SEK 36.8m | −SEK 25.3m | −SEK 24.0m | −SEK 22.1m | −SEK 20.5m | −SEK 12.1m |
| Net income | −SEK 20.2m | −SEK 26.5m | −SEK 49.3m | −SEK 25.9m | −SEK 40.9m | −SEK 25.4m | −SEK 24.4m | −SEK 21.8m | −SEK 20.8m | −SEK 12.5m |
| Diluted earnings per share | -0.26 | -0.61 | -1.36 | -0.79 | -1.32 | -0.90 | -0.91 | -1.19 | -0.98 | -0.82 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 55.8m | SEK 55.0m | SEK 61.5m | SEK 66.5m | SEK 64.2m | SEK 44.3m | SEK 42.9m | SEK 46.6m | SEK 44.1m | SEK 63.8m |
| Cash and short-term investments | SEK 11.7m | SEK 17.3m | SEK 30.7m | SEK 29.3m | SEK 32.8m | SEK 8.7m | SEK 13.2m | SEK 21.4m | SEK 21.2m | SEK 44.1m |
| Total liabilities | SEK 6.3m | SEK 7.8m | SEK 9.3m | SEK 7.7m | SEK 8.3m | SEK 9.5m | SEK 6.6m | SEK 6.4m | SEK 6.4m | SEK 5.3m |
| Debt | SEK 754,498 | SEK 957,492 | SEK 1.4m | SEK 383,485 | SEK 560,584 | SEK 789,058 | SEK 1.0m | SEK 309,777 | SEK 535,189 | −SEK 509,827 |
| Shareholders' equity | SEK 49.5m | SEK 47.2m | SEK 52.3m | SEK 58.8m | SEK 55.8m | SEK 34.8m | SEK 36.3m | SEK 40.3m | SEK 37.7m | SEK 58.5m |
| Shares outstanding | 78m | 43m | 36m | 33m | 31m | 28m | 27m | 18m | 21m | 15m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 19.9m | −SEK 22.0m | −SEK 24.9m | −SEK 16.9m | −SEK 19.4m | −SEK 12.9m | −SEK 17.3m | −SEK 16.4m | −SEK 14.7m | −SEK 13.2m |
| Capital spending | −SEK 19.9m | −SEK 12.7m | −SEK 17.7m | −SEK 13.6m | −SEK 14.3m | −SEK 10.1m | −SEK 6.3m | −SEK 6.8m | −SEK 7.6m | −SEK 8.2m |
| Free cash flow | −SEK 39.8m | −SEK 34.8m | −SEK 42.6m | −SEK 30.5m | −SEK 33.7m | −SEK 23.1m | −SEK 23.6m | −SEK 23.2m | −SEK 22.3m | −SEK 21.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 73,577 | SEK 324,095 | SEK 113,317 | SEK 154,500 | SEK 156,262 | SEK 285,174 | SEK 562,121 | SEK 273,773 |
| Gross profit | −SEK 5.8m | −SEK 4.7m | −SEK 5.4m | −SEK 1.1m | −SEK 1.8m | −SEK 2.4m | −SEK 3.9m | −SEK 5.8m |
| Operating income | −SEK 6.0m | −SEK 5.0m | −SEK 5.4m | −SEK 5.2m | −SEK 5.0m | −SEK 5.0m | −SEK 5.3m | −SEK 6.9m |
| Net income | −SEK 5.7m | −SEK 4.7m | −SEK 4.8m | −SEK 5.3m | −SEK 5.1m | −SEK 5.1m | −SEK 5.3m | −SEK 7.0m |
| Diluted earnings per share | -0.07 | -0.06 | -0.06 | -0.07 | -0.07 | -0.07 | -0.12 | -0.16 |
| Cash from operations | −SEK 4.0m | −SEK 5.0m | −SEK 3.0m | −SEK 6.0m | −SEK 3.0m | −SEK 5.0m | −SEK 6.0m | −SEK 5.0m |
| Capital spending | −SEK 2.0m | — | −SEK 3.0m | −SEK 1.0m | −SEK 2.0m | −SEK 2.0m | −SEK 1.0m | — |
| Free cash flow | −SEK 6.0m | — | −SEK 6.0m | −SEK 7.0m | −SEK 5.0m | −SEK 7.0m | −SEK 7.0m | — |
| Total assets | SEK 61.0m | SEK 51.2m | SEK 55.8m | SEK 62.1m | SEK 54.5m | SEK 54.4m | SEK 55.0m | SEK 45.6m |
| Cash and short-term investments | SEK 13.1m | SEK 4.7m | SEK 11.7m | SEK 17.4m | SEK 13.2m | SEK 14.1m | SEK 17.3m | SEK 9.1m |
| Debt | SEK 648,765 | SEK 701,993 | SEK 754,498 | SEK 806,291 | SEK 857,378 | SEK 907,776 | SEK 957,494 | SEK 6.0m |
| Shareholders' equity | SEK 54.5m | SEK 45.0m | SEK 49.5m | SEK 54.5m | SEK 46.7m | SEK 46.3m | SEK 47.2m | SEK 31.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -51.4% | -42.1% | -15.0% |
| Operating income | -2.3% | -2.2% | 9.1% |
| Net income | -7.9% | -4.5% | 7.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -787.6% | -354.0% | -170.6% | -92.6% |
| Operating margin | -1345.1% | -1133.8% | -719.9% | -512.8% |
| Net margin | -1283.6% | -1127.4% | -733.9% | -522.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.4 | -1.9 | -2.8 | -13.5 | -10.0 | -9.4 | -4.7 | -1.4 | -7.8 | -11.3 |
| Price to sales | 238.7 | 17.4 | 140.8 | 56.5 | 103.8 | 22.1 | 7.8 | 8.5 | 50.8 | 52.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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