Upsales Technology AB (publ) (STO:UPSALE)

Upsales Technology AB Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	178.39	169.39	152.06	152.65	139.52	100.71
Revenue Growth	14.85%	11.40%	-0.39%	9.41%	38.54%	26.84%
Gross Profit Gross Profit Growth	178.39	169.39	152.06	152.65	139.52	100.71
Operating Income Operating Income Growth	29.79	28.22	22.91	34.36	28.47	12.57
Net Income Net Income Growth	22.89	22.46	18.48	27.55	22.5	9.72
Earnings Per Share EPS Growth	1.36	1.33	1.10	1.64	1.33	0.57
EPS Growth	28.30%	20.91%	-32.93%	23.31%	133.33%	42.50%

Revenue by Geography

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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
Sweden Sweden Growth	145.13	137.1	137.08	135.85	100.71
Rest of The World Rest of The World Growth	6.9	7.67	8.13	-	-
Total Total Growth	152.03	144.77	145.21	135.85	100.71

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	32.5	36.97	47.43	52.61	64.44	66.36
Total Debt Total Debt Growth	2.49	2.78	0	0	0	0
Net Cash (Debt) Net Cash Growth	30	34.19	47.43	52.61	64.44	66.36
Net Cash Growth	24.65%	-27.93%	-9.83%	-18.36%	-2.90%	87.49%
Net Cash Per Share Net Cash Per Share Growth	1.78	2.03	2.82	3.12	3.84	3.99

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	42.78	35.21	30.73	32.36	33.69	40.37
Capital Expenditures CapEx Growth	-1.31	-2.56	-0.82	-2.94	-3.68	-3.15
Free Cash Flow Free Cash Flow Growth	41.47	32.64	29.91	29.42	30.01	37.22
Free Cash Flow Growth	46.55%	9.12%	1.69%	-1.98%	-19.37%	60.02%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	16.70%	16.66%	15.07%	22.51%	20.41%	12.48%
Pretax Margin	16.75%	16.89%	15.42%	22.90%	20.47%	12.52%
Profit Margin	12.75%	13.26%	12.15%	18.05%	16.12%	9.65%
FCF Margin	23.25%	19.27%	19.67%	19.27%	21.51%	36.96%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 24, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	1.500	-	1.500	1.500	1.250	1.000
Dividend Per Share Growth	0%	-	0%	20.00%	25.00%	-
Dividend Yield	5.19%	4.49%	5.03%	4.95%	2.79%	0.00%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 24, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	21.26	25.11	27.09	24.63	54.14	131.93
Forward PE	-	22.23	21.17	29.33	42.35	92.84
P/FCF Ratio	11.71	17.23	16.77	23.13	40.40	33.60
PS Ratio	2.73	3.32	3.30	4.46	8.69	12.42

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Jul 22, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Jul 24, 2026

Data Sources Report a data error