Serstech AB (STO:SERT)

Serstech AB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	43	55.85	66.02	20.73	21.97
Revenue Growth (YoY)	-23.01%	-15.40%	218.50%	-5.67%	-16.78%
Cost of Revenue	15.17	17.52	17.42	7.8	6.44
Gross Profit	27.82	38.33	48.59	12.93	15.53
Selling, General & Admin	48.41	41.6	37.9	30.41	21.24
Other Operating Expenses	-0.38	-2.17	-2.29	4.73	-1.89
Operating Expenses	56.37	47.27	47.56	43.17	26.21
Operating Income	-28.54	-8.94	1.04	-30.24	-10.68
Interest Expense	-	-0.11	-0.28	-0.21	-0.15
Interest & Investment Income	0.07	0.06	0.08	-	-
Earnings From Equity Investments	-0.64	-	-	-	-
Currency Exchange Gain (Loss)	-0.07	-0.1	-0.08	0.96	0.57
Other Non Operating Income (Expenses)	-	-	-	-	0
Pretax Income	-29.18	-9.09	0.75	-29.49	-10.26
Income Tax Expense	0.09	0.04	0.04	0.08	-0.01
Net Income	-29.27	-9.13	0.72	-29.57	-10.25
Net Income to Common	-29.27	-9.13	0.72	-29.57	-10.25
Shares Outstanding (Basic)	254	228	145	84	78
Shares Outstanding (Diluted)	254	228	145	84	78
Shares Change (YoY)	11.28%	57.15%	71.95%	8.96%	10.52%
EPS (Basic)	-0.12	-0.04	0.00	-0.35	-0.13
EPS (Diluted)	-0.12	-0.04	0.00	-0.35	-0.13
Free Cash Flow	-28.67	-0.18	7.31	-13.19	-0.91
Free Cash Flow Per Share	-0.11	-0.00	0.05	-0.16	-0.01
Gross Margin	64.72%	68.63%	73.61%	62.39%	70.68%
Operating Margin	-66.38%	-16.01%	1.57%	-145.90%	-48.59%
Profit Margin	-68.08%	-16.35%	1.08%	-142.65%	-46.66%
Free Cash Flow Margin	-66.68%	-0.33%	11.08%	-63.63%	-4.12%
EBITDA	-28.4	-8.78	1.19	-30.03	-10.33
EBITDA Margin	-66.06%	-15.72%	1.80%	-144.86%	-47.01%
D&A For EBITDA	0.14	0.16	0.16	0.21	0.35
EBIT	-28.54	-8.94	1.04	-30.24	-10.68
EBIT Margin	-66.38%	-16.01%	1.57%	-145.90%	-48.59%
Effective Tax Rate	-	-	4.92%	-	-
Revenue as Reported	43.38	59.14	70.28	24.09	24.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.