P 
1.62
+1.89%
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 1.1m
FY2016FY2025
Net income
−SEK 16.9m
FY2016FY2025
Free cash flow
−SEK 9.2m
FY2016FY2025
Shareholders' equity
SEK 14.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.1m | SEK 775,000 | SEK 1.5m | SEK 1.9m | SEK 719,230 | — | SEK 346,436 | — | — | — |
| Gross profit | −SEK 5.7m | −SEK 8.1m | SEK 1.5m | SEK 1.9m | SEK 680,939 | −SEK 492,392 | −SEK 2.1m | −SEK 2.9m | −SEK 7,533 | −SEK 379,884 |
| Operating income | −SEK 7.9m | −SEK 8.1m | −SEK 6.4m | −SEK 8.9m | −SEK 9.3m | −SEK 3.4m | −SEK 8.7m | −SEK 5.0m | −SEK 4.8m | −SEK 1.5m |
| Net income | −SEK 16.9m | −SEK 11.2m | −SEK 9.9m | −SEK 26.8m | −SEK 17.2m | −SEK 10.6m | −SEK 8.7m | −SEK 5.6m | −SEK 4.8m | −SEK 1.5m |
| Diluted earnings per share | -0.40 | -0.41 | -0.47 | -1.55 | -1.04 | -0.67 | -0.24 | -0.15 | -0.13 | -0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 16.2m | SEK 6.2m | SEK 8.5m | SEK 10.9m | SEK 31.8m | SEK 5.4m | SEK 7.9m | SEK 7.3m | SEK 7.5m | SEK 1.3m |
| Cash and short-term investments | SEK 15.9m | SEK 4.9m | SEK 6.0m | SEK 7.2m | SEK 28.2m | SEK 1.9m | SEK 4.1m | SEK 3.4m | SEK 6.8m | SEK 1.1m |
| Total liabilities | SEK 1.4m | SEK 963,000 | SEK 1.8m | SEK 1.4m | SEK 1.5m | SEK 1.9m | SEK 484,678 | SEK 821,979 | SEK 561,366 | SEK 644,761 |
| Debt | — | — | SEK 773,080 | — | — | SEK 500,000 | — | — | SEK 80,000 | SEK 440,000 |
| Shareholders' equity | SEK 14.8m | SEK 5.3m | SEK 6.7m | SEK 9.5m | SEK 30.3m | SEK 3.4m | SEK 7.5m | SEK 6.5m | SEK 7.0m | SEK 645,508 |
| Shares outstanding | 42m | 27m | 21m | 17m | 16m | 16m | 36m | 36m | 36m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 9.2m | −SEK 7.8m | −SEK 4.9m | −SEK 9.1m | −SEK 9.4m | −SEK 2.0m | −SEK 5.0m | −SEK 4.6m | — | — |
| Capital spending | — | −SEK 4 | — | — | — | — | −SEK 15,072 | −SEK 3.2m | — | — |
| Free cash flow | −SEK 9.2m | −SEK 7.8m | −SEK 4.9m | −SEK 9.1m | −SEK 9.4m | −SEK 2.0m | −SEK 5.0m | −SEK 7.7m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | SEK 137,870 | SEK 137,870 | SEK 425,500 | SEK 425,500 | SEK 53,445 | SEK 53,445 |
| Gross profit | −SEK 1.8m | −SEK 1.8m | −SEK 1.2m | −SEK 1.2m | −SEK 1.8m | −SEK 1.8m | SEK 1.9m | SEK 1.9m |
| Operating income | −SEK 1.9m | −SEK 1.9m | −SEK 2.0m | −SEK 2.0m | −SEK 2.0m | −SEK 2.0m | −SEK 2.0m | −SEK 2.0m |
| Net income | −SEK 1.9m | −SEK 1.9m | −SEK 6.5m | −SEK 6.5m | −SEK 2.1m | −SEK 2.1m | −SEK 3.6m | −SEK 3.6m |
| Diluted earnings per share | -0.05 | -0.05 | -0.15 | -0.15 | -0.05 | -0.05 | -0.13 | -0.13 |
| Cash from operations | −SEK 8.0m | −SEK 8.0m | −SEK 1.0m | −SEK 1.0m | −SEK 1.0m | −SEK 1.0m | −SEK 2.0m | −SEK 2.0m |
| Total assets | SEK 16.9m | SEK 16.9m | SEK 16.2m | SEK 16.2m | SEK 3.5m | SEK 3.5m | SEK 6.2m | SEK 6.2m |
| Cash and short-term investments | SEK 3.3m | SEK 3.3m | SEK 15.9m | SEK 15.9m | SEK 1.1m | SEK 1.1m | SEK 4.9m | SEK 4.9m |
| Shareholders' equity | SEK 16.1m | SEK 16.1m | SEK 14.8m | SEK 14.6m | SEK 1.2m | SEK 1.2m | SEK 5.3m | SEK 5.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.7% | — | — |
| Operating income | -3.9% | 18.5% | 24.3% |
| Net income | -14.3% | 9.8% | 34.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -728.9% | -200.6% | — | — |
| Operating margin | -841.4% | -596.4% | — | — |
| Net margin | -1477.6% | -1235.5% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -3.3 | -5.8 | -2.2 | -1.3 | -4.1 |
| Price to sales | 49.1 | 83.7 | 14.7 | 18.1 | 97.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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