Scandinavian Enviro Systems AB (publ) (STO:SES)

STO:SES Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	81.88	170.76	13.94	7.98	7.59	1.51
Revenue Growth (YoY)	-33.10%	1125.02%	74.76%	5.06%	403.45%	38.48%
Cost of Revenue	66.54	55.87	41.44	34.21	24.93	18.24
Gross Profit	15.34	114.88	-27.5	-26.23	-17.34	-16.73
Selling, General & Admin	51.15	48.7	50.72	43.74	26.52	20.27
Other Operating Expenses	-0.21	-	-0.07	-0.22	-0.32	-0.03
Operating Expenses	67.9	64.95	66.11	57.55	39.64	33.06
Operating Income	-52.56	49.93	-93.61	-83.78	-56.98	-49.79
Interest Expense	-1.85	-1.09	-3.91	-0.21	-0.17	-0.4
Interest & Investment Income	2.65	5.2	5.34	0.33	0.07	0.18
Currency Exchange Gain (Loss)	-0.43	-0.43	-0.14	0.08	-0.04	-
Other Non Operating Income (Expenses)	-	-	-	0	0.08	-
Pretax Income	-52.19	53.62	-92.32	-83.59	-57.03	-50
Net Income	-52.19	53.62	-92.32	-83.59	-57.03	-50
Net Income to Common	-52.19	53.62	-92.32	-83.59	-57.03	-50
Shares Outstanding (Basic)	777	766	769	643	570	556
Shares Outstanding (Diluted)	777	766	769	643	570	556
Shares Change (YoY)	-5.52%	-0.44%	19.66%	12.74%	2.66%	61.38%
EPS (Basic)	-0.07	0.07	-0.12	-0.13	-0.10	-0.09
EPS (Diluted)	-0.07	0.07	-0.12	-0.13	-0.10	-0.09
Free Cash Flow	-43.42	42.91	-65.36	-80.25	-47.64	-44
Free Cash Flow Per Share	-0.06	0.06	-0.09	-0.13	-0.08	-0.08
Gross Margin	18.73%	67.28%	-197.27%	-	-228.39%	-
Operating Margin	-64.19%	29.24%	-671.56%	-1050.45%	-750.51%	-3301.79%
Profit Margin	-63.74%	31.40%	-662.34%	-1047.99%	-751.24%	-3315.78%
Free Cash Flow Margin	-53.02%	25.13%	-468.88%	-1006.12%	-627.45%	-2917.57%
EBITDA	-42.13	59.65	-84.68	-75.41	-48.74	-42.09
EBITDA Margin	-51.45%	34.93%	-	-	-	-
D&A For EBITDA	10.43	9.72	8.93	8.38	8.24	7.7
EBIT	-52.56	49.93	-93.61	-83.78	-56.98	-49.79
EBIT Margin	-64.19%	29.24%	-	-	-	-
Revenue as Reported	84.46	170.83	13.88	7.66	8.58	1.89

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.