YOU ARE THE KEY TO EVERYTHING

Interim Report
January - September 2025
20.4

REVENUE, SEKm (15.2 in Q3 2024)

68.6
%

GROSS MARGIN (56.3% in Q3 2024)

-9.8

EBITDA, SEKm (-40.8 in Q3 2024)

37

AVERAGE NUMBER OF EMPLOYEES (83 in Q3 2024)

CEO's comments

Strong revenue growth, record gross margin and continued progress toward cash-flow positive operations.

Developments during the period

Group revenues for the third quarter of 2025 amounted to SEK 20.4 M (15.2), corresponding to an increase of 35 percent compared with the third quarter of 2024 (increase of 47 percent in constant currency terms). The revenue increase reflects strong performance across all revenue streams, and includes SEK 4.8 M in revenue related to the licensing of cross-segment IP technology assets under the Egis Technology agreement announced on August 7, 2025.

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.