I 
0.03
-10.43%
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 685,000
FY2016FY2025
Net income
−SEK 145.9m
FY2016FY2025
Free cash flow
−SEK 84.0m
FY2016FY2025
Shareholders' equity
SEK 64.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 685,000 | SEK 931,000 | SEK 1.6m | SEK 1.1m | SEK 844,000 | SEK 362,000 | SEK 356,000 | SEK 332,595 | SEK 148,963 | SEK 177,284 |
| Research and development | — | SEK 28.4m | SEK 34.4m | SEK 47.9m | SEK 43.0m | SEK 48.1m | SEK 34.2m | SEK 26.0m | SEK 24.0m | SEK 24,293 |
| Operating income | −SEK 79.5m | −SEK 109.4m | −SEK 281.9m | −SEK 191.2m | −SEK 166.7m | −SEK 144.6m | −SEK 113.2m | −SEK 87.7m | −SEK 45.5m | −SEK 15.0m |
| Net income | −SEK 145.9m | −SEK 76.5m | −SEK 309.4m | −SEK 145.0m | −SEK 157.4m | −SEK 147.5m | −SEK 114.5m | −SEK 86.5m | −SEK 45.2m | −SEK 14.7m |
| Diluted earnings per share | -0.28 | -0.45 | -6.83 | -5.95 | -6.95 | -6.52 | -5.83 | -4.43 | -2.61 | -0.88 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 88.2m | SEK 33.0m | SEK 98.7m | SEK 300.6m | SEK 493.8m | SEK 661.2m | SEK 419.4m | SEK 477.4m | SEK 250.8m | SEK 283.4m |
| Cash and short-term investments | SEK 77.5m | SEK 25.3m | SEK 76.8m | SEK 106.0m | SEK 287.4m | SEK 468.5m | SEK 263.3m | SEK 386.1m | SEK 192.4m | SEK 259.1m |
| Total liabilities | SEK 23.5m | SEK 21.4m | SEK 31.7m | SEK 56.8m | SEK 59.9m | SEK 61.8m | SEK 61.8m | SEK 15.4m | SEK 14.0m | SEK 6.8m |
| Debt | SEK 857,000 | SEK 680,000 | SEK 4.3m | SEK 37.6m | SEK 33.3m | SEK 33.1m | SEK 37.7m | — | — | — |
| Shareholders' equity | SEK 64.7m | SEK 11.6m | SEK 67.0m | SEK 243.8m | SEK 433.9m | SEK 599.4m | SEK 357.6m | SEK 462.0m | SEK 236.8m | SEK 276.6m |
| Shares outstanding | 529m | 170m | 45m | 24m | 23m | 23m | 20m | 20m | 17m | 17m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 78.4m | −SEK 96.8m | −SEK 147.1m | −SEK 175.6m | −SEK 152.6m | −SEK 120.7m | −SEK 92.0m | −SEK 84.1m | −SEK 46.3m | −SEK 11.9m |
| Capital spending | −SEK 5.6m | — | −SEK 1.1m | −SEK 1.6m | −SEK 24.2m | −SEK 47.5m | −SEK 36.6m | −SEK 37.3m | −SEK 31.3m | −SEK 30.8m |
| Free cash flow | −SEK 84.0m | −SEK 96.8m | −SEK 148.1m | −SEK 177.2m | −SEK 176.8m | −SEK 168.2m | −SEK 128.6m | −SEK 121.4m | −SEK 77.6m | −SEK 42.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 381,000 | SEK 374,000 | SEK 354,000 | SEK 101,000 | SEK 90,000 | SEK 139,000 | SEK 455,000 | SEK 235,000 |
| Operating income | −SEK 22.9m | −SEK 18.4m | −SEK 16.4m | −SEK 25.0m | −SEK 20.0m | −SEK 18.9m | −SEK 30.1m | −SEK 31.2m |
| Net income | −SEK 22.8m | −SEK 18.4m | −SEK 17.3m | −SEK 29.7m | −SEK 41.1m | −SEK 57.8m | SEK 3.1m | −SEK 51.1m |
| Diluted earnings per share | -0.03 | -0.03 | -0.03 | -0.06 | -0.08 | -0.11 | 0.02 | -0.30 |
| Cash from operations | −SEK 20.0m | −SEK 20.0m | −SEK 19.0m | −SEK 16.0m | −SEK 18.0m | −SEK 24.0m | −SEK 28.0m | −SEK 17.0m |
| Capital spending | — | — | −SEK 5.0m | −SEK 5.0m | — | — | — | — |
| Free cash flow | — | — | −SEK 24.0m | −SEK 21.0m | — | — | — | — |
| Total assets | SEK 48.0m | SEK 65.7m | SEK 88.2m | SEK 37.7m | SEK 34.8m | SEK 43.8m | SEK 33.0m | SEK 63.1m |
| Cash and short-term investments | SEK 34.9m | SEK 56.1m | SEK 77.5m | SEK 26.6m | SEK 29.3m | SEK 37.7m | SEK 25.3m | SEK 54.2m |
| Debt | SEK 3.3m | SEK 479,000 | SEK 857,000 | SEK 20.4m | SEK 467,000 | SEK 110,000 | SEK 680,000 | SEK 1.5m |
| Shareholders' equity | SEK 23.6m | SEK 46.5m | SEK 64.7m | −SEK 8.3m | SEK 17.7m | SEK 29.3m | SEK 11.6m | SEK 38.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.7% | 13.6% | 12.8% |
| Operating income | -25.4% | -11.3% | 26.8% |
| Net income | 0.2% | -0.2% | 34.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -11690.3% | -15267.2% | -17563.0% | -18369.8% |
| Net margin | -13765.8% | -15611.8% | -17715.2% | -18488.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -0.6 | -0.1 | -0.5 | -1.2 | -2.0 | -3.5 | -3.5 | -3.8 | -11.8 |
| Price to sales | 108.8 | 48.0 | 12.2 | 62.8 | 225.5 | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 100-to-1 reverse split · 3 Feb 2026
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.