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

STO:SES 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	31.53	170.76	13.94	7.98	7.59
Revenue Growth (YoY)	-81.53%	1125.02%	74.76%	5.06%	403.45%
Cost of Revenue	68.84	55.87	41.44	34.21	24.93
Gross Profit	-37.31	114.88	-27.5	-26.23	-17.34
Selling, General & Admin	46.94	48.7	50.72	43.74	26.52
Other Operating Expenses	-0.21	-	-0.07	-0.22	-0.32
Operating Expenses	64.32	64.95	66.11	57.55	39.64
Operating Income	-101.63	49.93	-93.61	-83.78	-56.98
Interest Expense	-111.02	-1.09	-3.91	-0.21	-0.17
Interest & Investment Income	1.69	5.2	5.34	0.33	0.07
Currency Exchange Gain (Loss)	-	-0.43	-0.14	0.08	-0.04
Other Non Operating Income (Expenses)	-0	-	-	0	0.08
EBT Excluding Unusual Items	-210.96	53.62	-92.32	-83.59	-57.03
Asset Writedown	-155.66	-	-	-	-
Pretax Income	-366.62	53.62	-92.32	-83.59	-57.03
Net Income	-366.62	53.62	-92.32	-83.59	-57.03
Net Income to Common	-366.62	53.62	-92.32	-83.59	-57.03
Shares Outstanding (Basic)	963	766	769	643	570
Shares Outstanding (Diluted)	963	766	769	643	570
Shares Change (YoY)	25.77%	-0.44%	19.66%	12.74%	2.66%
EPS (Basic)	-0.38	0.07	-0.12	-0.13	-0.10
EPS (Diluted)	-0.38	0.07	-0.12	-0.13	-0.10
Free Cash Flow	-73.49	42.91	-65.36	-80.25	-47.64
Free Cash Flow Per Share	-0.08	0.06	-0.09	-0.13	-0.08
Gross Margin	-118.30%	67.28%	-197.27%	-	-228.39%
Operating Margin	-322.28%	29.24%	-671.56%	-1050.45%	-750.51%
Profit Margin	-1162.62%	31.40%	-662.34%	-1047.99%	-751.24%
Free Cash Flow Margin	-233.04%	25.13%	-468.88%	-1006.12%	-627.45%
EBITDA	-84.04	59.65	-84.68	-75.41	-48.74
EBITDA Margin	-266.49%	34.93%	-	-	-
D&A For EBITDA	17.59	9.72	8.93	8.38	8.24
EBIT	-101.63	49.93	-93.61	-83.78	-56.98
EBIT Margin	-	29.24%	-	-	-
Revenue as Reported	32.48	170.83	13.88	7.66	8.58

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