GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
E

Ependion EPEN.ST · SEK

Information Technology · Nasdaq Stockholm · 🇸🇪 Sweden

Compare

145.00

-1.09%

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.

FY2025

Revenue

SEK 2.23bn

FY2016FY2025

Net income

SEK 146.7m

FY2016FY2025

Free cash flow

SEK 194.0m

FY2016FY2025

Shareholders' equity

SEK 1.63bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueSEK 2.23bnSEK 2.26bnSEK 2.47bnSEK 2.13bnSEK 1.62bnSEK 1.44bnSEK 1.56bnSEK 1.42bnSEK 1.21bnSEK 1.12bn
Gross profitSEK 1.19bnSEK 1.15bnSEK 1.22bnSEK 1.01bnSEK 779.5mSEK 713.4mSEK 851.6mSEK 743.5mSEK 587.6mSEK 535.0m
Research and developmentSEK 259.9mSEK 219.5mSEK 213.4mSEK 191.1mSEK 202.4mSEK 187.3mSEK 202.2mSEK 168.3mSEK 125.6mSEK 102.7m
Operating incomeSEK 241.4mSEK 250.9mSEK 326.0mSEK 198.3mSEK 68.3mSEK 33.5mSEK 100.1mSEK 72.2mSEK 18.1mSEK 8.9m
Net incomeSEK 146.7mSEK 158.0mSEK 200.5mSEK 146.1mSEK 35.8m−SEK 5.6mSEK 65.0mSEK 43.5m−SEK 7.0m−SEK 126.1m
Diluted earnings per share4.535.466.895.041.23-0.172.001.34-0.22-3.89

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSEK 3.23bnSEK 2.76bnSEK 2.57bnSEK 2.43bnSEK 2.14bnSEK 1.88bnSEK 2.04bnSEK 1.52bnSEK 1.42bnSEK 1.43bn
Cash and short-term investmentsSEK 159.6mSEK 178.1mSEK 142.5mSEK 159.9mSEK 146.6mSEK 120.7mSEK 121.9mSEK 94.5mSEK 89.3mSEK 107.2m
Total liabilitiesSEK 1.60bnSEK 1.42bnSEK 1.41bnSEK 1.44bnSEK 1.41bnSEK 1.24bnSEK 1.35bnSEK 858.6mSEK 828.0mSEK 1.01bn
DebtSEK 697.9mSEK 702.9mSEK 729.4mSEK 767.0mSEK 777.8mSEK 625.1mSEK 709.1mSEK 381.3mSEK 393.0mSEK 592.9m
Shareholders' equitySEK 1.63bnSEK 1.33bnSEK 1.16bnSEK 989.2mSEK 729.2mSEK 637.2mSEK 684.4mSEK 652.9mSEK 585.0mSEK 415.4m
Shares outstanding32m29m29m29m29m32m32m32m32m32m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsSEK 374.5mSEK 459.5mSEK 334.6mSEK 200.9mSEK 84.6mSEK 194.3mSEK 183.3mSEK 109.2mSEK 47.9mSEK 9.4m
Capital spending−SEK 180.6m−SEK 39.9m−SEK 173.7m−SEK 121.4m−SEK 75.6m−SEK 81.9m−SEK 97.4m−SEK 92.6m−SEK 78.9m−SEK 77.7m
Free cash flowSEK 194.0mSEK 419.6mSEK 161.0mSEK 79.5mSEK 9.0mSEK 112.4mSEK 85.8mSEK 16.5m−SEK 31.1m−SEK 68.4m
Dividends paid−SEK 36.3m−SEK 28.9m−SEK 14.4m−SEK 14.4m——−SEK 14.3m——−SEK 23.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueSEK 682.0mSEK 597.3mSEK 582.4mSEK 543.6mSEK 560.8mSEK 545.1mSEK 578.2mSEK 493.0m
Gross profitSEK 359.2mSEK 321.6mSEK 312.9mSEK 289.3mSEK 294.9mSEK 295.9mSEK 295.2mSEK 255.3m
Operating incomeSEK 76.2mSEK 66.8mSEK 68.9mSEK 61.7mSEK 61.6mSEK 49.2mSEK 65.5mSEK 51.2m
Net incomeSEK 45.4mSEK 40.5mSEK 44.0mSEK 40.4mSEK 30.3mSEK 32.0mSEK 35.3mSEK 31.4m
Diluted earnings per share1.401.251.361.250.940.991.221.08
Cash from operationsSEK 91.0mSEK 42.0mSEK 129.0mSEK 79.0mSEK 119.0mSEK 45.0mSEK 157.0mSEK 122.0m
Capital spending−SEK 40.0m−SEK 40.0m−SEK 49.0m−SEK 38.0m−SEK 46.0m−SEK 45.0m−SEK 65.0m−SEK 52.0m
Free cash flowSEK 51.0mSEK 2.0mSEK 80.0mSEK 41.0mSEK 73.0mSEK 0SEK 92.0mSEK 70.0m
Total assetsSEK 3.46bnSEK 3.35bnSEK 3.23bnSEK 3.07bnSEK 3.10bnSEK 2.65bnSEK 2.76bnSEK 2.69bn
Cash and short-term investmentsSEK 180.2mSEK 162.4mSEK 159.6mSEK 174.8mSEK 169.1mSEK 140.7mSEK 178.1mSEK 164.3m
DebtSEK 661.6mSEK 640.2mSEK 629.1mSEK 248.3mSEK 703.3mSEK 607.1mSEK 605.4mSEK 673.1m
Shareholders' equitySEK 1.71bnSEK 1.69bnSEK 1.63bnSEK 1.62bnSEK 1.60bnSEK 1.29bnSEK 1.33bnSEK 1.24bn

Financial ratios

Data as of 24 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin53.5%50.8%49.5%47.4%48.2%49.6%
Operating margin10.4%10.9%13.1%9.9%4.3%0.7%
Net margin6.6%7.0%8.1%6.9%2.2%-0.4%
Return on equity9.0%11.9%17.3%14.8%4.9%-0.9%
Return on assets4.5%5.7%7.8%6.0%1.7%-0.3%
Free cash flow yield10.9%11.0%11.1%7.1%3.5%—
Revenue growth-1.2%-8.6%16.1%31.5%12.6%-7.8%
Earnings growth-7.1%-21.2%37.3%308.5%-733.3%-108.7%
Current ratio1.61x1.73x1.73x1.47x1.18x1.35x
Debt to equity0.39x0.46x0.58x0.73x0.46x0.25x
Equity ratio50.4%48.2%45.1%40.7%34.1%33.8%
Interest coverage5.81x5.55x6.83x8.62x3.47x0.64x
R&D as a share of sales11.6%9.7%8.6%9.0%12.5%13.0%
Buybacks as a share of market value-11.7%0.4%-0.3%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.6%9.2%5.0%
Operating income6.8%48.5%16.7%
Net income0.2%—19.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin52.1%50.3%49.9%50.0%
Operating margin11.0%11.2%9.2%7.3%
Net margin6.8%7.2%5.6%3.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings25.117.818.221.963.3-233.835.127.0-139.3-9.2
Price to sales1.61.31.51.51.40.91.50.80.81.0

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 13 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2019FY2016FY2015
Paid in the year1.501.251.000.500.500.501.0891.089
  • 3-for-1 split · 27 Jun 2011

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.