P 
62.80
+0.48%
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 313.3m
FY2016FY2025
Net income
−SEK 16.7m
FY2016FY2025
Free cash flow
−SEK 16.1m
FY2016FY2025
Shareholders' equity
SEK 405.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 313.3m | SEK 253.0m | SEK 210.1m | SEK 156.7m | SEK 96.2m | SEK 78.1m | SEK 85.3m | SEK 58.0m | SEK 31.3m | SEK 24.8m |
| Gross profit | SEK 208.8m | SEK 175.4m | SEK 146.4m | SEK 101.4m | SEK 64.5m | SEK 50.7m | SEK 64.0m | SEK 45.5m | SEK 25.3m | SEK 17.9m |
| Research and development | — | — | SEK 2.1m | SEK 2.0m | SEK 1.6m | SEK 1.6m | SEK 1.3m | SEK 1.1m | SEK 755,000 | — |
| Operating income | SEK 4.3m | SEK 33.5m | SEK 27.1m | −SEK 1.2m | −SEK 10.6m | −SEK 11.7m | −SEK 1.3m | −SEK 4.8m | −SEK 6.8m | SEK 2.4m |
| Net income | −SEK 16.7m | SEK 40.2m | SEK 8.3m | −SEK 10.3m | −SEK 12.8m | −SEK 19.2m | SEK 2.8m | −SEK 7.1m | −SEK 6.7m | SEK 2.3m |
| Diluted earnings per share | -0.72 | 2.11 | 0.44 | -0.54 | -0.73 | -1.19 | 0.17 | -0.44 | -0.42 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 479.1m | SEK 227.2m | SEK 167.1m | SEK 174.0m | SEK 166.3m | SEK 77.0m | SEK 85.0m | SEK 55.7m | SEK 45.6m | SEK 22.0m |
| Cash and short-term investments | SEK 120.8m | SEK 40.3m | SEK 25.0m | SEK 38.1m | SEK 72.3m | SEK 3.6m | SEK 1.6m | SEK 448,000 | SEK 8.4m | SEK 494,000 |
| Total liabilities | SEK 74.0m | SEK 63.2m | SEK 44.5m | SEK 59.8m | SEK 40.6m | SEK 66.1m | SEK 56.6m | SEK 30.3m | SEK 12.8m | SEK 12.5m |
| Debt | SEK 13.0m | SEK 14.3m | SEK 13.6m | SEK 17.0m | SEK 17.2m | SEK 48.2m | SEK 31.5m | SEK 12.8m | SEK 2.8m | — |
| Shareholders' equity | SEK 405.2m | SEK 164.0m | SEK 122.6m | SEK 114.2m | SEK 125.8m | SEK 10.9m | SEK 28.4m | SEK 25.4m | SEK 32.8m | SEK 9.5m |
| Shares outstanding | 23m | 19m | 19m | 19m | 18m | 16m | 16m | 16m | 16m | 23m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 7.4m | SEK 39.1m | SEK 15.6m | SEK 2.7m | −SEK 4.1m | −SEK 8.5m | SEK 3.3m | SEK 400,000 | −SEK 7.1m | — |
| Capital spending | −SEK 23.5m | −SEK 23.1m | −SEK 25.3m | −SEK 35.7m | −SEK 23.8m | −SEK 6.3m | −SEK 20.8m | −SEK 18.7m | −SEK 12.5m | — |
| Free cash flow | −SEK 16.1m | SEK 16.0m | −SEK 9.7m | −SEK 33.0m | −SEK 27.9m | −SEK 14.8m | −SEK 17.5m | −SEK 18.3m | −SEK 19.7m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 105.0m | SEK 89.6m | SEK 84.4m | SEK 86.9m | SEK 74.9m | SEK 67.1m | SEK 66.2m | SEK 64.8m |
| Gross profit | SEK 3.8m | SEK 59.5m | −SEK 3.0m | SEK 56.5m | SEK 51.6m | SEK 44.5m | SEK 46.1m | SEK 44.2m |
| Operating income | SEK 3.8m | SEK 170,000 | −SEK 3.0m | SEK 951,000 | SEK 576,000 | SEK 6.2m | SEK 7.0m | SEK 8.5m |
| Net income | SEK 2.6m | −SEK 125,000 | −SEK 8.8m | SEK 1.3m | −SEK 3.1m | −SEK 5.5m | SEK 12.2m | SEK 5.0m |
| Diluted earnings per share | 0.11 | -0.01 | -0.38 | 0.05 | -0.13 | -0.24 | 0.64 | 0.26 |
| Cash from operations | −SEK 3.0m | −SEK 2.0m | SEK 5.0m | −SEK 5.0m | — | SEK 6.0m | SEK 15.0m | SEK 1.0m |
| Capital spending | −SEK 4.0m | −SEK 4.0m | −SEK 5.0m | −SEK 4.0m | −SEK 4.0m | −SEK 4.0m | −SEK 8.0m | −SEK 2.0m |
| Free cash flow | −SEK 7.0m | −SEK 6.0m | SEK 0 | −SEK 9.0m | — | SEK 2.0m | SEK 7.0m | −SEK 1.0m |
| Total assets | SEK 488.2m | SEK 475.2m | SEK 479.1m | SEK 487.6m | SEK 498.9m | SEK 321.2m | SEK 227.2m | SEK 207.8m |
| Cash and short-term investments | SEK 105.6m | SEK 106.1m | SEK 120.8m | SEK 129.5m | SEK 149.3m | SEK 152.7m | SEK 40.3m | SEK 36.3m |
| Debt | SEK 12.4m | SEK 4.6m | SEK 13.0m | SEK 10.7m | SEK 17.8m | SEK 9.5m | SEK 14.3m | SEK 17.7m |
| Shareholders' equity | SEK 416.9m | SEK 408.6m | SEK 405.2m | SEK 427.8m | SEK 425.8m | SEK 276.0m | SEK 164.0m | SEK 150.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 26.0% | 32.0% | 31.0% |
| Operating income | — | — | 12.0% |
| Net income | 17.4% | -2.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 67.8% | 67.7% | 67.5% | 68.9% |
| Operating margin | 6.7% | 6.8% | 3.7% | 2.4% |
| Net margin | 4.1% | 2.3% | -0.9% | -1.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -78.3 | 31.1 | 84.0 | -79.4 | -89.2 | -21.3 | 350.1 | -54.3 | -46.4 |
| Price to sales | 4.2 | 5.0 | 3.3 | 5.2 | 11.8 | 5.2 | 11.3 | 6.7 | 10.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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