YOU ARE THE KEY TO EVERYTHING

Interim Report
January - June 2025
15.7

REVENUE, SEKm (11.2 in Q2 2024)

48.1
%

GROSS MARGIN (53.5% in Q2 2024)

-20.3

EBITDA, SEKm (-57.6 in Q2 2024)

36

AVERAGE NUMBER OF EMPLOYEES (133 in Q2 2024)

CEO's comments

I am pleased to see our transformation strategy translating into results, with strong core revenue growth in the quarter and for the first half, with strong margins along with a successful monetization of our PC assets.

Developments during the period

Group revenues for the second quarter of 2025 amounted to SEK 15.7 M (11.2), corresponding to an increase of 40 percent compared with the second quarter of 2024 (increase of 56 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 classified as discontinued operations in our financial statements, also for comparative periods last year. The reason we made this change from Q1 2025 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.