G 
0.02
+3.88%
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
—
FY2016FY2025
Net income
−SEK 4.7m
FY2016FY2025
Free cash flow
−SEK 7.2m
FY2016FY2025
Shareholders' equity
−SEK 863,000
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | −SEK 23,000 | — | SEK 370 | SEK 45,940 | SEK 3.0m | SEK 476,270 |
| Gross profit | — | — | — | — | — | — | −SEK 84,180 | −SEK 84,180 | −SEK 65,334 | −SEK 59,052 |
| Operating income | −SEK 4.5m | −SEK 7.8m | −SEK 9.5m | −SEK 8.6m | −SEK 17.0m | −SEK 14.6m | −SEK 14.3m | −SEK 20.3m | −SEK 9.9m | −SEK 7.9m |
| Net income | −SEK 4.7m | −SEK 7.8m | −SEK 9.4m | −SEK 8.5m | −SEK 17.0m | −SEK 14.9m | −SEK 14.3m | −SEK 20.3m | −SEK 9.9m | −SEK 7.9m |
| Diluted earnings per share | -0.02 | -0.33 | -0.64 | -0.63 | -1.27 | -1.11 | -2.75 | -3.91 | -2.68 | -2.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 3.8m | SEK 1.8m | SEK 7.4m | SEK 6.8m | SEK 15.4m | SEK 32.2m | SEK 46.1m | SEK 18.2m | SEK 48.2m | SEK 34.7m |
| Cash and short-term investments | SEK 3.1m | SEK 878,000 | SEK 1.1m | SEK 6.3m | SEK 14.8m | SEK 30.9m | SEK 44.9m | SEK 16.6m | SEK 36.7m | SEK 27.9m |
| Total liabilities | SEK 4.7m | SEK 6.0m | SEK 6.9m | SEK 3.3m | SEK 4.4m | SEK 3.3m | SEK 2.5m | SEK 2.3m | SEK 2.4m | SEK 1.6m |
| Shareholders' equity | −SEK 863,000 | −SEK 4.2m | SEK 486,000 | SEK 3.4m | SEK 11.0m | SEK 27.9m | SEK 43.6m | SEK 15.9m | SEK 45.8m | SEK 33.2m |
| Shares outstanding | 215m | 24m | 15m | 14m | 13m | 14m | 5m | 5m | 4m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 7.2m | −SEK 3.3m | −SEK 11.6m | −SEK 9.6m | −SEK 16.1m | −SEK 13.7m | −SEK 13.7m | −SEK 20.1m | −SEK 9.7m | −SEK 7.1m |
| Capital spending | — | — | — | — | −SEK 345,000 | −SEK 289,000 | −SEK 73,899 | −SEK 43,930 | −SEK 4.0m | −SEK 3.4m |
| Free cash flow | −SEK 7.2m | −SEK 3.3m | −SEK 11.6m | −SEK 9.6m | −SEK 16.5m | −SEK 14.0m | −SEK 13.8m | −SEK 20.1m | −SEK 13.7m | −SEK 10.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −SEK 1.0m | −SEK 1.1m | −SEK 1.3m | −SEK 1.5m | −SEK 1.3m | −SEK 303,000 | −SEK 1.4m | −SEK 1.4m |
| Net income | −SEK 1.1m | −SEK 1.1m | −SEK 1.3m | −SEK 1.5m | −SEK 1.4m | −SEK 336,000 | −SEK 1.4m | −SEK 1.4m |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.01 | -0.01 | -0.00 | -0.06 | -0.06 |
| Cash from operations | −SEK 2.0m | — | −SEK 2.0m | −SEK 2.0m | −SEK 2.0m | — | −SEK 1.0m | −SEK 1.0m |
| Total assets | SEK 4.5m | SEK 7.0m | SEK 3.8m | SEK 1.4m | SEK 3.5m | SEK 5.8m | SEK 1.8m | SEK 3.1m |
| Cash and short-term investments | SEK 3.7m | SEK 6.0m | SEK 3.1m | SEK 907,000 | SEK 3.0m | SEK 5.0m | SEK 878,000 | SEK 2.1m |
| Shareholders' equity | SEK 1.5m | SEK 2.8m | −SEK 863,000 | −SEK 2.6m | −SEK 983,000 | SEK 376,000 | −SEK 4.2m | −SEK 2.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -19.1% | -20.9% | -2.7% |
| Net income | -18.3% | -20.8% | -2.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.0 | -0.0 | -0.1 | -0.3 |
| Price to sales | — | — | — | — | -56.5 | — | — | 17.5 | 0.2 | 4.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 4-to-1 reverse split · 22 Mar 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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