FRA:651 Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	54.63	61.15	52.5	47.18	58.59
Revenue Growth (YoY)	-10.66%	16.48%	11.28%	-19.47%	79.44%
Cost of Revenue	29.28	34.34	29.73	27.66	30.06
Gross Profit	25.36	26.82	22.77	19.52	28.53
Selling, General & Admin	52.16	68.18	55.95	45.63	55.49
Other Operating Expenses	-0.77	-0.5	-0.79	-0.79	-1.41
Operating Expenses	59.91	77	64.11	54.59	63.58
Operating Income	-34.56	-50.19	-41.35	-35.08	-35.06
Interest Expense	-1.3	-3.77	-3.27	-1.34	-0.48
Interest & Investment Income	-	0.06	0.22	-	-
Other Non Operating Income (Expenses)	-	-0.02	0	-	-
Pretax Income	-35.86	-53.92	-44.39	-36.41	-35.54
Income Tax Expense	-0.2	-0.2	-0.15	-0.33	0.19
Net Income	-35.66	-53.72	-44.24	-36.09	-35.73
Net Income to Common	-35.66	-53.72	-44.24	-36.09	-35.73
Shares Outstanding (Basic)	274	55	47	43	43
Shares Outstanding (Diluted)	274	55	47	43	43
Shares Change (YoY)	394.91%	17.69%	8.25%	0.88%	86.26%
EPS (Basic)	-0.13	-0.97	-0.94	-0.83	-0.83
EPS (Diluted)	-0.13	-0.97	-0.94	-0.83	-0.83
Free Cash Flow	-28.28	-41.13	-35.89	-16.99	-23.96
Free Cash Flow Per Share	-0.10	-0.74	-0.76	-0.39	-0.56
Gross Margin	46.41%	43.85%	43.37%	41.36%	48.69%
Operating Margin	-63.25%	-82.07%	-78.75%	-74.35%	-59.84%
Profit Margin	-65.27%	-87.85%	-84.26%	-76.48%	-60.99%
Free Cash Flow Margin	-51.77%	-67.27%	-68.37%	-36.01%	-40.90%
EBITDA	-26.03	-40.87	-32.39	-26.12	-25.56
EBITDA Margin	-47.65%	-66.83%	-61.70%	-55.36%	-43.64%
D&A For EBITDA	8.53	9.32	8.95	8.96	9.49
EBIT	-34.56	-50.19	-41.35	-35.08	-35.06
EBIT Margin	-63.25%	-82.07%	-78.75%	-74.35%	-59.84%
Revenue as Reported	55.4	62.03	53.68	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.