P 
2.35
-9.62%
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 146.6m
FY2016FY2025
Net income
−SEK 5.6m
FY2016FY2025
Free cash flow
−SEK 11.0m
FY2016FY2025
Shareholders' equity
SEK 276.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 146.6m | SEK 156.9m | SEK 113.5m | SEK 173.6m | SEK 181.6m | SEK 83.9m | SEK 68.8m | SEK 69.0m | SEK 75.7m | SEK 61.6m |
| Research and development | — | SEK 1.8m | SEK 1.6m | SEK 1.2m | — | — | SEK 2.9m | SEK 2.5m | SEK 1.1m | SEK 1.1m |
| Operating income | SEK 362,000 | SEK 13.2m | −SEK 312.6m | SEK 16.0m | SEK 40.9m | SEK 114,000 | −SEK 6.6m | −SEK 2.8m | −SEK 6.1m | −SEK 3.4m |
| Net income | −SEK 5.6m | SEK 16.8m | −SEK 321.9m | SEK 8.4m | SEK 32.8m | −SEK 1.7m | −SEK 5.2m | SEK 5.9m | −SEK 5.4m | −SEK 3.2m |
| Diluted earnings per share | -0.15 | 0.45 | -8.81 | 0.23 | 0.81 | -0.08 | -0.25 | 0.29 | -0.26 | -0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 304.7m | SEK 350.8m | SEK 313.8m | SEK 621.9m | SEK 550.7m | SEK 57.6m | SEK 45.1m | SEK 55.0m | SEK 53.1m | SEK 57.3m |
| Cash and short-term investments | SEK 38.8m | SEK 68.6m | SEK 44.1m | SEK 48.1m | SEK 52.4m | SEK 4.3m | SEK 4.8m | SEK 3.5m | SEK 10.9m | SEK 20.0m |
| Total liabilities | SEK 28.6m | SEK 31.2m | SEK 22.5m | SEK 29.3m | SEK 31.5m | SEK 30.2m | SEK 15.9m | SEK 13.1m | SEK 17.2m | SEK 16.0m |
| Debt | SEK 4.6m | SEK 2.6m | SEK 3.9m | SEK 1.6m | SEK 2.4m | SEK 1.7m | SEK 1.2m | −SEK 8,000 | SEK 392,000 | −SEK 50,000 |
| Shareholders' equity | SEK 276.2m | SEK 319.6m | SEK 291.2m | SEK 592.6m | SEK 519.1m | SEK 27.5m | SEK 29.2m | SEK 41.8m | SEK 35.9m | SEK 41.3m |
| Shares outstanding | 37m | 37m | 37m | 37m | 41m | 21m | 21m | 21m | 21m | 19m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 9.8m | SEK 24.3m | SEK 3.8m | −SEK 1.5m | SEK 37.6m | SEK 2.9m | SEK 7.8m | −SEK 4.2m | −SEK 6.3m | −SEK 11.1m |
| Capital spending | −SEK 1.3m | −SEK 1.6m | −SEK 8.1m | −SEK 49.1m | −SEK 3.4m | −SEK 1.9m | −SEK 2.7m | −SEK 2.4m | −SEK 2.7m | — |
| Free cash flow | −SEK 11.0m | SEK 22.7m | −SEK 4.3m | −SEK 50.6m | SEK 34.2m | SEK 1.0m | SEK 5.2m | −SEK 6.6m | −SEK 9.0m | −SEK 11.1m |
| Dividends paid | −SEK 9.9m | — | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 33.3m | SEK 31.0m | SEK 36.8m | SEK 36.4m | SEK 32.4m | SEK 42.5m | SEK 48.8m | SEK 42.7m |
| Operating income | SEK 1.6m | −SEK 514,000 | −SEK 2.8m | SEK 1.6m | −SEK 2.6m | SEK 1.6m | SEK 4.4m | SEK 4.2m |
| Net income | SEK 5.9m | −SEK 1.2m | −SEK 3.6m | SEK 1.8m | −SEK 3.1m | −SEK 16.9m | SEK 7.4m | SEK 1.8m |
| Diluted earnings per share | 0.16 | -0.03 | -0.10 | 0.05 | -0.09 | -0.46 | 0.20 | 0.05 |
| Cash from operations | SEK 6.0m | SEK 4.0m | — | — | −SEK 6.0m | −SEK 3.0m | SEK 10.0m | SEK 4.0m |
| Capital spending | — | — | — | −SEK 1.0m | — | — | — | — |
| Total assets | SEK 322.3m | SEK 306.8m | SEK 304.7m | SEK 318.7m | SEK 320.0m | SEK 331.6m | SEK 350.8m | SEK 339.2m |
| Cash and short-term investments | SEK 50.3m | SEK 43.5m | SEK 38.8m | SEK 45.3m | SEK 47.4m | SEK 61.9m | SEK 68.7m | SEK 58.2m |
| Debt | SEK 1.1m | SEK 1.1m | SEK 1.1m | SEK 865,000 | SEK 3.3m | SEK 2.3m | SEK 4.2m | SEK 2.9m |
| Shareholders' equity | SEK 285.1m | SEK 279.2m | SEK 276.2m | SEK 294.1m | SEK 294.7m | SEK 302.7m | SEK 319.6m | SEK 309.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.5% | 11.8% | 11.0% |
| Operating income | -71.7% | 26.0% | -24.0% |
| Net income | — | 26.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.5% | -47.9% | -28.3% | -21.6% |
| Net margin | 3.7% | -51.2% | -31.7% | -22.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -60.4 | 27.7 | -0.9 | 35.7 | 35.8 | -263.1 | -20.5 | 11.3 | -25.2 | -43.4 |
| Price to sales | 2.3 | 3.0 | 2.7 | 1.7 | 6.5 | 5.4 | 1.5 | 1.0 | 1.8 | 2.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 30 Sept 2025.
| FY2025 | |
|---|---|
| Paid in the year | 0.22 |
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.