A year of accelerating execution

Move up the value chain with AllKey

AllKey gained momentum as customers progressed from sensors to integrated biometric systems, supporting higher ASPs and a more scalable go-to-market. We expanded the AllKey family with AllKey Ultra, adding a Secure Element variant for higher-assurance use cases.

Scaling growth with strong margins

Core revenue grew strongly through 2025, supported by structurally higher gross margins in our focused portfolio. Full-year revenue increased 40% in constant currency with a gross margin of 60.7%.

Asset & IP monetization

We executed multiple monetization transactions to unlock value from our technology assets, including licensing agreements with Smart Eye, Egis and PixArt.

AI-enabled efficiency

We increased efficiency by augmenting our ways of working with AI-based analysis and automation in selected processes. This supported shorter lead times, a higher pace of execution, and a sharper focus on value-creating activities.

61%

Gross margin (61%)

50

Headcount (71)

78

Revenue, SEK M (60)

-19

EBITDA. SEK M (-182)