C 
1.74
-3.33%
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 17.5m
FY2016FY2025
Net income
−SEK 41.6m
FY2016FY2025
Free cash flow
−SEK 36.0m
FY2016FY2025
Shareholders' equity
SEK 69.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 17.5m | SEK 18.8m | SEK 8.3m | SEK 6.3m | SEK 2.2m | SEK 1.3m | SEK 1.4m | SEK 1.8m | SEK 614,448 | SEK 3.6m |
| Research and development | — | — | SEK 2.1m | SEK 2.1m | SEK 2.1m | SEK 2.4m | SEK 2.4m | SEK 2.0m | SEK 1.7m | SEK 1.5m |
| Operating income | −SEK 29.0m | −SEK 54.3m | −SEK 65.9m | −SEK 67.4m | −SEK 57.7m | −SEK 54.7m | −SEK 42.1m | −SEK 33.5m | −SEK 21.2m | −SEK 26.9m |
| Net income | −SEK 41.6m | −SEK 47.6m | −SEK 79.8m | −SEK 70.7m | −SEK 63.6m | −SEK 57.9m | −SEK 43.4m | −SEK 32.9m | −SEK 21.3m | −SEK 26.9m |
| Diluted earnings per share | -1.35 | -3.06 | -11.95 | -111.77 | -193.30 | -254.90 | -250.00 | -189.91 | -148.17 | -226.65 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 76.5m | SEK 78.6m | SEK 57.7m | SEK 49.5m | SEK 66.7m | SEK 44.4m | SEK 38.7m | SEK 58.0m | SEK 44.9m | SEK 27.3m |
| Cash and short-term investments | SEK 21.5m | SEK 22.5m | SEK 15.3m | SEK 10.6m | SEK 31.2m | SEK 11.9m | SEK 5.8m | SEK 24.4m | SEK 15.6m | SEK 6.2m |
| Total liabilities | SEK 10.0m | SEK 12.9m | SEK 14.2m | SEK 41.6m | SEK 45.6m | SEK 30.5m | SEK 31.7m | SEK 8.2m | SEK 11.9m | SEK 10.2m |
| Debt | — | SEK 224,000 | SEK 454,000 | SEK 30.7m | SEK 273,500 | SEK 673,500 | SEK 1.1m | SEK 1.5m | SEK 1.9m | SEK 73,500 |
| Shareholders' equity | SEK 69.7m | SEK 68.7m | SEK 45.8m | SEK 9.2m | SEK 21.8m | SEK 13.9m | SEK 7.0m | SEK 49.8m | SEK 33.0m | SEK 17.1m |
| Shares outstanding | 31m | 16m | 7m | 1m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 33.2m | −SEK 56.5m | −SEK 66.5m | −SEK 70.7m | −SEK 66.2m | −SEK 55.4m | −SEK 39.1m | −SEK 38.7m | −SEK 24.4m | −SEK 19.6m |
| Capital spending | −SEK 2.8m | −SEK 2.5m | −SEK 5.5m | −SEK 562,000 | −SEK 555,000 | −SEK 348,000 | −SEK 348,000 | −SEK 2.4m | −SEK 4.7m | −SEK 1.5m |
| Free cash flow | −SEK 36.0m | −SEK 58.9m | −SEK 72.0m | −SEK 71.3m | −SEK 66.7m | −SEK 55.8m | −SEK 39.5m | −SEK 41.1m | −SEK 29.1m | −SEK 21.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 7.7m | SEK 1.3m | SEK 830,000 | SEK 2.8m | SEK 9.4m | SEK 4.5m | SEK 4.6m | SEK 5.4m |
| Operating income | −SEK 13.6m | −SEK 9.6m | −SEK 10.8m | −SEK 7.4m | −SEK 2.9m | −SEK 7.9m | −SEK 14.7m | −SEK 9.7m |
| Net income | −SEK 12.1m | −SEK 7.4m | −SEK 11.9m | −SEK 8.1m | −SEK 6.3m | −SEK 15.2m | −SEK 8.7m | −SEK 13.0m |
| Diluted earnings per share | -0.39 | -0.24 | -0.39 | -0.26 | -0.21 | -0.49 | -0.56 | -0.83 |
| Cash from operations | −SEK 4.0m | −SEK 7.0m | −SEK 10.0m | −SEK 2.0m | −SEK 10.0m | −SEK 9.0m | −SEK 10.0m | −SEK 11.0m |
| Capital spending | −SEK 4.0m | −SEK 1.0m | — | — | — | — | −SEK 4.0m | −SEK 2.0m |
| Free cash flow | −SEK 8.0m | −SEK 8.0m | — | — | — | — | −SEK 14.0m | −SEK 13.0m |
| Total assets | SEK 66.6m | SEK 67.4m | SEK 76.5m | SEK 64.1m | SEK 72.1m | SEK 80.3m | SEK 78.6m | SEK 68.5m |
| Cash and short-term investments | SEK 3.9m | SEK 13.0m | SEK 21.5m | SEK 13.2m | SEK 16.2m | SEK 27.9m | SEK 22.5m | SEK 15.6m |
| Debt | — | — | — | SEK 216,000 | SEK 216,000 | SEK 216,000 | SEK 216,000 | SEK 231,000 |
| Shareholders' equity | SEK 47.8m | SEK 60.8m | SEK 69.7m | SEK 59.6m | SEK 67.2m | SEK 73.7m | SEK 68.7m | SEK 61.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 40.8% | 67.4% | — |
| Operating income | -24.5% | -11.9% | 5.7% |
| Net income | -16.2% | -6.4% | 9.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -229.5% | -426.3% | -605.0% | — |
| Net margin | -246.0% | -471.7% | -664.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.1 | -0.7 | -0.6 | -0.0 | -0.1 | -0.0 | -0.1 | -0.1 | -0.2 | -0.1 |
| Price to sales | 7.4 | 1.8 | 5.7 | 0.4 | 1.3 | 1.7 | 1.5 | 1.4 | 7.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 200-to-1 reverse split · 25 Apr 2024
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.