Crunchfish AB (publ) (STO:CFISH)
| Market Cap | 252.74M +328.5% |
| Revenue (ttm) | 8.81M -43.7% |
| Net Income | -20.23M |
| EPS | -0.29 |
| Shares Out | 82.87M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 70,643 |
| Average Volume | 222,105 |
| Open | 2.930 |
| Previous Close | 3.050 |
| Day's Range | 2.900 - 3.195 |
| 52-Week Range | 0.828 - 4.935 |
| Beta | 2.01 |
| RSI | 47.69 |
| Earnings Date | May 21, 2026 |
About Crunchfish AB
Crunchfish AB (publ) develops and offers technology solutions. The company develops Digital Cash online, which provides payment availability and load balancing to banks, mobile operators, and payment services; and Digital Cash offline that is integrated with Digital Cash online. It also develops and offers Gesture Interaction, which is a touchless interaction that enable users to interact with devices without touching displays or physical buttons. Crunchfish AB (publ) was incorporated in 2010 and is headquartered in Malmö, Sweden. [Read more]
Financial Performance
In 2025, Crunchfish AB's revenue was 8.81 million, a decrease of -43.67% compared to the previous year's 15.64 million. Losses were -20.23 million, -23.74% less than in 2024.
Financial StatementsNews
Crunchfish AB Transcript: Digital Euro Conference 2026
Offline payments are reframed as a core architectural choice, not a feature, with the Governed Offline model enabling scalable, resilient, and regulator-aligned digital money. This approach, now piloted in major markets, enhances interoperability, economic value, and privacy.
Crunchfish AB Transcript: Stora Aktiedagarna 2026
A new offline digital payment solution aims to provide resilient, bank-friendly infrastructure as cash usage declines. Validated by regulators in India and tested in Europe, the model offers scalable, interoperable technology with strong revenue potential, especially in Asia.
Crunchfish AB Earnings Call Transcript: Q4 2025
2023 marked a strategic pivot to offline payments, with major progress in India and Southeast Asia, and a clarified business model targeting both system operators and service providers. Revenue remains pilot-driven, but commercial deployments and closed-loop wallet deals are expected to accelerate growth.
Crunchfish AB Earnings Call Transcript: Q3 2025
Integration with India's NPCI is progressing, with rollout expected in Q1 and expanded global network dialogues underway. Financially, recent capital raises secure funding through 2026, while the business model shifts to subscription and interest-based revenue.
Crunchfish AB Earnings Call Transcript: Q2 2025
Revised go-to-market strategy has driven strong industry adoption, especially in India, with NPCI and IDFC FIRST Bank on board. Financials show stable costs and renewed contracts, but new funding will be needed by end-2025 if revenue does not ramp up.
Crunchfish AB Earnings Call Transcript: Q1 2025
Net sales dropped sharply year-over-year to SEK 285,000, with cost reductions from closing the Gesture business and a cash runway projected through year-end. The new strategy focuses on integrating Offline Terminal Infrastructure with payment networks, with ongoing discussions in India and Europe.
Crunchfish AB Earnings Call Transcript: Q4 2024
Focus has shifted to commercializing offline payment technology, with India as the key market due to regulatory changes and major opportunities. Advanced discussions with RBI and NPCI are ongoing, and a breakthrough deal is expected in 2025, supported by strong patent positions in the US and Europe.
Crunchfish AB Earnings Call Transcript: Q3 2024
Focus has shifted to commercializing offline payment solutions, with eight revenue opportunities identified across India and global markets. A rights issue is underway to secure financing, and major deals in India and with central banks are prioritized for growth.
Crunchfish AB Earnings Call Transcript: Q2 2024
Q2 saw a strategic partnership with TCS for global offline payments, a US patent grant, and ongoing pilots in India, though revenue remains low due to rollout delays. Financing options, including revenue sharing and divestment of Gesture, are being pursued to support growth.