YOU ARE THE KEY TO EVERYTHING

Year-end Report
January - December 2025
23.8

REVENUE, SEKm (24.6 in Q4 2024)

65.8
%

GROSS MARGIN (65.5% in Q4 2024)

0.4

EBITDA, SEKm (-27.6 in Q4 2024)

37

AVERAGE NUMBER OF EMPLOYEES (69 in Q4 2024)

CEO's comments

Growing AllKey momentum and improved earnings and cash flow mark an important step as we focus the company on scalable, profitable growth.

Developments during the period

Group revenues for the fourth quarter of 2025 amounted to SEK 23.8 M (24.6), corresponding to an increase of 9 percent in constant currency terms. Revenue was supported by healthy customer demand for our biometric authentication solutions and ongoing commercial activity across our prioritized offerings. Gross profit for the fourth quarter was SEK 15.6 M (16.1) and the gross margin was 65.8 percent (65.6).

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.