Mentice AB (publ) (STO:MNTC)

Sweden · Delayed Price · Currency is SEK

14.95

+0.20 (1.36%)

Jul 24, 2026, 5:05 PM CET

Mentice AB Financials Overview

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

Millions SEK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	314.06	284.59	291.81	275.12	220.32	190.22
Revenue Growth	18.99%	-2.48%	6.07%	24.87%	15.83%	26.07%
Gross Profit	278.81	256.36	258.73	237.9	191.31	155.27
Operating Income	0.9	-27.57	-12.4	-0.68	-23.95	-19.72
Net Income	-4.61	-32.33	-18.42	-2.82	-30.67	-29.19
Earnings Per Share	-0.17	-1.15	-0.72	-0.11	-1.22	-1.18
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Mentice Vist	247.28	262.24	256.37
Physical Sim	27.07	24.12	14.29
Ankyras	4.75	3.97	2.95
Total	279.09	290.33	273.61

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	61.07	33.38	53.59	59.12	47.29	12.7
Total Debt	13.56	16.82	9.14	9.56	16.68	14.7
Net Cash (Debt)	47.51	16.56	44.45	49.56	30.61	-2.01
Net Cash Growth	663.92%	-62.76%	-10.32%	61.92%	-	-
Net Cash Per Share	1.75	0.59	1.74	1.94	1.21	-0.08

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	25.41	-20.3	17.92	36.52	14.91	-5.13
Capital Expenditures	-4.35	-5.13	-1.28	-4.33	-5.53	-9.05
Free Cash Flow	21.06	-25.43	16.64	32.19	9.38	-14.18
Free Cash Flow Growth	-	-	-48.32%	243.08%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	88.78%	90.08%	88.66%	86.47%	86.83%	81.62%
Operating Margin	0.29%	-9.69%	-4.25%	-0.25%	-10.87%	-10.37%
Pretax Margin	-0.32%	-9.93%	-4.63%	-0.00%	-10.91%	-11.18%
Profit Margin	-1.47%	-11.36%	-6.31%	-1.02%	-13.92%	-15.35%
FCF Margin	6.71%	-8.93%	5.70%	11.70%	4.26%	-7.45%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 26, 2026	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
Forward PE	212.90	43.65	73.19	51.26	93.52	158.01
P/FCF Ratio	20.29	-	39.19	37.89	103.02	-
PS Ratio	1.39	1.32	2.23	4.43	4.39	12.84