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Interim Report
January - March 2025
18.2

REVENUE, SEKm

10.7

EBITDA, SEKm

56.6
%

GROSS MARGIN

43

AVERAGE NUMBER OF EMPLOYEES

CEO's comments

Our healthy 57% gross margin highlights the quality of the core business we’re now focused on.

Developments during the period

Group revenues for the first quarter of 2025 amounted to SEK 18.2 M (9.1), corresponding to an increase of 100 percent compared with the first quarter of 2024 (increase of 94 percent in constant currency terms). The revenue increase reflects an increased demand for biometric authentication across our portfolio.

Financial statements and key figures

As part of our strategic exit from Mobile and PC, the associated results are now classified as discontinued operations in our financial statements, also for comparative periods last year. The reason we are making this change is to provide a more accurate and transparent view of our ongoing business performance by isolating the operations we are exiting. So, when you look at the income statement in this report, it reflects our core business performance.