MilDef Group AB (publ) (STO:MILDEF)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Computer Hardware	2.05B	1.20B	1.15B	738.80M	469.60M
Computer Hardware Growth	70.31%	4.31%	55.83%	57.33%	17.84%
Total	2.05B	1.20B	1.15B	738.80M	469.60M
Total Growth	70.31%	4.31%	55.83%	57.33%	17.84%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Sweden	579.40M	400.70M	427.40M	253.20M	162.50M
Sweden Growth	44.60%	-6.25%	68.80%	55.82%	51.87%
Germany	608.10M	161.80M	-	-	-
Germany Growth	275.83%	-	-	-	-
Europe (excl. Nordics & Germany)	262.90M	147.80M	-	-	-
Europe (excl. Nordics & Germany) Growth	77.88%	-	-	-	-
North America	-	-	185.00M	151.10M	51.00M
North America Growth	-	-	22.44%	196.27%	-24.44%
Other Countries	90.00M	58.10M	46.00M	11.60M	3.00M
Other Countries Growth	54.91%	26.30%	296.55%	286.67%	-70.87%
Norway	235.50M	220.30M	-	-	-
Norway Growth	6.90%	-	-	-	-
Rest of Nordics (Excl. Sweden)	122.30M	74.10M	261.70M	203.50M	173.20M
Rest of Nordics (Excl. Sweden) Growth	65.05%	-71.69%	28.60%	17.49%	5.55%
USA	147.00M	138.10M	-	-	-
USA Growth	6.44%	-	-	-	-
Europe (Excl. Nordics)	-	-	231.30M	119.40M	80.20M
Europe (Excl. Nordics) Growth	-	-	93.72%	48.88%	62.02%
Total	2.05B	1.20B	1.15B	738.80M	469.90M
Total Growth	70.31%	4.30%	55.85%	57.22%	17.95%

Source: S&P Global Market Intelligence.