C 
0.05
-2.16%
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 1.8m
FY2016FY2025
Net income
−SEK 18.5m
FY2016FY2025
Free cash flow
−SEK 16.1m
FY2016FY2025
Shareholders' equity
SEK 41.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.8m | SEK 1.1m | SEK 7.6m | SEK 700,000 | SEK 2.1m | SEK 1.5m | SEK 2.3m | SEK 4.9m | SEK 5.2m | SEK 4.5m |
| Research and development | — | SEK 3.6m | SEK 3.6m | SEK 3.6m | — | — | — | — | — | — |
| Operating income | −SEK 21.6m | −SEK 20.1m | −SEK 6.8m | −SEK 12.4m | −SEK 4.4m | SEK 11.0m | −SEK 13.0m | −SEK 8.3m | −SEK 6.3m | −SEK 6.1m |
| Net income | −SEK 18.5m | −SEK 21.1m | −SEK 6.9m | −SEK 12.6m | −SEK 4.1m | SEK 7.0m | −SEK 22.7m | −SEK 10.0m | −SEK 6.9m | −SEK 6.5m |
| Diluted earnings per share | -0.12 | -0.18 | -0.11 | -0.20 | -0.04 | 0.30 | -0.98 | -0.56 | -0.39 | -0.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 57.8m | SEK 59.8m | SEK 49.1m | SEK 53.8m | SEK 51.4m | SEK 37.5m | SEK 41.0m | SEK 56.3m | SEK 50.0m | SEK 53.9m |
| Cash and short-term investments | SEK 4.6m | SEK 3.2m | SEK 871,000 | SEK 13.7m | SEK 12.5m | SEK 639,839 | SEK 298,148 | SEK 521,771 | SEK 1.7m | SEK 7.9m |
| Total liabilities | SEK 16.1m | SEK 9.9m | SEK 8.6m | SEK 6.6m | SEK 6.5m | SEK 9.7m | SEK 27.8m | SEK 36.6m | SEK 27.8m | SEK 24.7m |
| Debt | SEK 2.9m | SEK 3.0m | SEK 3.0m | SEK 3.3m | SEK 4.6m | SEK 5.6m | SEK 19.6m | SEK 20.4m | SEK 21.5m | SEK 471,460 |
| Shareholders' equity | SEK 41.7m | SEK 50.1m | SEK 40.5m | SEK 47.2m | SEK 44.9m | SEK 27.8m | SEK 13.2m | SEK 19.7m | SEK 22.2m | SEK 29.2m |
| Shares outstanding | 160m | 120m | 63m | 63m | 108m | 23m | 23m | 18m | 18m | 18m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 8.1m | −SEK 15.5m | −SEK 4.5m | −SEK 6.4m | −SEK 8.0m | SEK 4.0m | −SEK 5.1m | −SEK 7.3m | — | −SEK 11.3m |
| Capital spending | −SEK 8.1m | — | — | — | — | −SEK 3.6m | — | — | — | — |
| Free cash flow | −SEK 16.1m | −SEK 15.5m | −SEK 4.5m | −SEK 6.4m | −SEK 8.0m | SEK 459,000 | −SEK 5.1m | −SEK 7.3m | — | −SEK 11.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.6m | SEK 854,000 | SEK 374,000 | SEK 110,000 | SEK 1.3m | SEK 61,000 | SEK 479,000 | — |
| Operating income | −SEK 7.1m | −SEK 4.9m | −SEK 8.3m | −SEK 3.9m | −SEK 2.5m | −SEK 5.4m | −SEK 9.9m | −SEK 3.0m |
| Net income | −SEK 6.7m | −SEK 5.2m | −SEK 7.3m | −SEK 3.0m | −SEK 2.7m | −SEK 5.5m | −SEK 10.2m | −SEK 3.5m |
| Diluted earnings per share | -0.03 | -0.03 | -0.05 | -0.02 | -0.02 | -0.03 | -0.08 | -0.03 |
| Cash from operations | — | — | −SEK 8.0m | — | — | — | — | — |
| Total assets | SEK 51.8m | SEK 56.2m | SEK 57.8m | SEK 57.3m | SEK 61.3m | SEK 56.3m | SEK 59.8m | SEK 58.9m |
| Cash and short-term investments | SEK 641,000 | SEK 2.5m | SEK 4.6m | SEK 1.5m | SEK 5.1m | SEK 448,000 | SEK 3.2m | SEK 173,000 |
| Debt | — | — | SEK 1.9m | SEK 2.0m | SEK 2.0m | SEK 2.0m | SEK 3.0m | SEK 2.0m |
| Shareholders' equity | SEK 33.8m | SEK 39.2m | SEK 41.7m | SEK 41.5m | SEK 44.9m | SEK 44.6m | SEK 50.1m | SEK 38.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 38.1% | 4.0% | 11.4% |
| Operating income | 20.2% | — | 25.6% |
| Net income | 13.6% | — | 20.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1420.0% | -542.4% | -365.7% | -278.8% |
| Net margin | -1349.7% | -526.9% | -379.0% | -325.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -1.1 | -3.5 | -2.1 | -11.8 | 0.7 | -0.3 | -2.7 | -5.0 | -7.2 |
| Price to sales | 10.9 | 20.9 | 3.2 | 37.8 | 23.1 | 3.1 | 2.5 | 5.6 | 6.7 | 10.4 |
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.