E 
13.96
-1.83%
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 1.63bn
FY2016FY2025
Net income
−SEK 1.94bn
FY2016FY2025
Free cash flow
SEK 96.7m
FY2016FY2025
Shareholders' equity
SEK 1.54bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.63bn | SEK 1.92bn | SEK 2.09bn | SEK 1.88bn | SEK 2.04bn | SEK 614.3m | SEK 151.6m | SEK 73.1m | SEK 11.0m | SEK 11.4m |
| Research and development | SEK 79.8m | — | SEK 31.1m | — | — | SEK 4.9m | SEK 1.7m | SEK 370,500 | — | — |
| Operating income | −SEK 2.14bn | −SEK 138.8m | SEK 243.5m | −SEK 278.3m | SEK 202.4m | −SEK 88.1m | −SEK 19.7m | SEK 5.7m | SEK 723,000 | SEK 1.1m |
| Net income | −SEK 1.94bn | −SEK 236.4m | SEK 156.1m | −SEK 268.1m | SEK 96.8m | −SEK 148.4m | −SEK 28.1m | SEK 4.0m | SEK 437,000 | SEK 500,000 |
| Diluted earnings per share | -21.84 | -2.67 | 1.76 | -3.03 | 1.11 | -1.85 | -0.90 | 0.27 | 0.03 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 2.53bn | SEK 4.91bn | SEK 4.87bn | SEK 4.95bn | SEK 6.01bn | SEK 4.57bn | SEK 711.0m | SEK 47.4m | SEK 6.2m | SEK 3.9m |
| Cash and short-term investments | SEK 390.3m | SEK 321.5m | SEK 478.3m | SEK 405.2m | SEK 481.2m | SEK 1.08bn | SEK 104.5m | SEK 13.0m | SEK 772,000 | SEK 3.1m |
| Total liabilities | SEK 995.0m | SEK 939.8m | SEK 972.3m | SEK 1.05bn | SEK 1.41bn | SEK 1.43bn | SEK 460.9m | SEK 16.8m | SEK 3.6m | SEK 2.6m |
| Debt | SEK 402.4m | SEK 69.0m | SEK 80.9m | SEK 145.1m | SEK 458.5m | SEK 516.4m | SEK 205.3m | −SEK 117,000 | −SEK 29,292 | — |
| Shareholders' equity | SEK 1.54bn | SEK 3.97bn | SEK 3.90bn | SEK 3.90bn | SEK 4.60bn | SEK 3.14bn | SEK 250.1m | SEK 30.7m | SEK 2.6m | SEK 1.3m |
| Shares outstanding | 89m | 89m | 89m | 89m | 87m | 80m | 31m | 15m | 15m | 15m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 102.8m | SEK 194.1m | SEK 437.8m | SEK 374.6m | SEK 162.7m | −SEK 125.1m | −SEK 14.3m | −SEK 7.8m | −SEK 3.2m | SEK 3.1m |
| Capital spending | −SEK 6.1m | −SEK 332.0m | −SEK 247.1m | −SEK 200.1m | −SEK 158.5m | −SEK 53.0m | −SEK 17.8m | −SEK 1.3m | −SEK 91,000 | −SEK 65,000 |
| Free cash flow | SEK 96.7m | −SEK 137.9m | SEK 190.7m | SEK 174.5m | SEK 4.2m | −SEK 178.1m | −SEK 32.1m | −SEK 9.1m | −SEK 3.3m | SEK 3.0m |
| Dividends paid | — | −SEK 39.9m | — | — | — | — | — | −SEK 588,000 | −SEK 80,000 | −SEK 70,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 474.6m | SEK 345.3m | SEK 436.9m | SEK 359.1m | SEK 385.3m | SEK 461.2m | SEK 668.3m | SEK 469.2m |
| Operating income | SEK 57.2m | SEK 9.4m | −SEK 2.06bn | −SEK 22.8m | −SEK 38.3m | −SEK 10.1m | −SEK 148.4m | −SEK 4.5m |
| Net income | SEK 46.0m | SEK 20.8m | −SEK 1.94bn | SEK 19.6m | SEK 8.4m | −SEK 18.5m | −SEK 183.5m | −SEK 29.2m |
| Diluted earnings per share | 0.52 | 0.23 | -21.95 | 0.22 | 0.09 | -0.21 | -2.07 | -0.33 |
| Cash from operations | SEK 116.0m | SEK 80.0m | SEK 67.0m | SEK 50.0m | −SEK 22.0m | SEK 17.0m | SEK 195.0m | SEK 35.0m |
| Capital spending | −SEK 5.0m | −SEK 2.0m | — | −SEK 71.0m | −SEK 76.0m | −SEK 78.0m | −SEK 97.0m | −SEK 93.0m |
| Free cash flow | SEK 111.0m | SEK 78.0m | — | −SEK 21.0m | −SEK 98.0m | −SEK 61.0m | SEK 98.0m | −SEK 58.0m |
| Total assets | SEK 2.64bn | SEK 2.50bn | SEK 2.53bn | SEK 4.53bn | SEK 4.60bn | SEK 4.84bn | SEK 4.91bn | SEK 4.82bn |
| Cash and short-term investments | SEK 344.2m | SEK 292.7m | SEK 390.3m | SEK 395.9m | SEK 454.4m | SEK 579.3m | SEK 321.5m | SEK 218.5m |
| Debt | SEK 366.8m | SEK 372.1m | SEK 368.3m | SEK 363.6m | SEK 371.3m | SEK 378.3m | SEK 32.8m | SEK 29.9m |
| Shareholders' equity | SEK 1.70bn | SEK 1.61bn | SEK 1.54bn | SEK 3.44bn | SEK 3.47bn | SEK 3.62bn | SEK 3.97bn | SEK 3.87bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.7% | 21.5% | 71.2% |
| Operating income | 97.4% | 89.3% | — |
| Net income | 93.3% | 67.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -64.3% | -30.8% | -21.6% | -21.2% |
| Net margin | -61.2% | -30.4% | -23.0% | -22.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -6.1 | 10.7 | -9.3 | 31.5 | -65.8 | -21.0 |
| Price to sales | 0.7 | 0.8 | 0.8 | 1.3 | 1.5 | 15.9 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 31 May 2024.
| FY2023 | |
|---|---|
| Paid in the year | 0.45 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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