Income Statement BlincVision AB

Stocks

BLINC B

SE0009806045

Software

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-07-24 EDT			5-day change	1st Jan Change
0.0926 ^SEK	-2.11%		-9.04%	+29.69%

07-09	BlincVision Finalizes Technology Evaluation with Defense Partner	MT
07-09	Blincvision AB and Defence Sector Partner Move Forward Following Positive Evaluation	CI

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Published financial data: BLINCVISION AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	9.42M	3.09M	2.56M	3.95M	7.39M
Other Revenues, Total	482K	-	-	-	-
Total Revenues	9.9M	3.09M	2.56M	3.95M	7.39M
Cost of Goods Sold, Total	27.11M	13.4M	18.03M	16.32M	21.08M
Gross Profit	-17.21M	-10.31M	-15.47M	-12.37M	-13.68M
Selling General & Admin Expenses, Total	16.86M	18.52M	18.83M	22.28M	23.97M
Depreciation & Amortization - (IS)	787K	1.26M	1.46M	1.44M	2M
Other Operating Expenses	-869K	-712K	-704K	-278K	31K
Other Operating Expenses, Total	16.78M	19.06M	19.59M	23.44M	26M
Operating Income	-33.99M	-29.37M	-35.05M	-35.81M	-39.68M
Interest Expense, Total	-3.13M	-3.81M	-5.13M	-3.8M	-1.96M
Interest And Investment Income	109K	213K	600K	510K	53K
Net Interest Expenses	-3.02M	-3.59M	-4.53M	-3.29M	-1.91M
Currency Exchange Gains (Loss)	-	678K	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-37.01M	-32.29M	-39.59M	-39.1M	-41.59M
Gain (Loss) On Sale Of Investments	-	-	-32.66M	-	-3.57M
Asset Writedown	-7.72M	-	-872K	-	-1.2M
EBT, Incl. Unusual Items	-44.73M	-32.29M	-73.12M	-39.1M	-46.37M
Income Tax Expense	-	-	37K	23K	37K
Earnings From Continuing Operations	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Net Income to Company	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Net Income - (IS)	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Net Income to Common Incl Extra Items	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Net Income to Common Excl. Extra Items	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Per Share Items
Net EPS - Basic	-0.17	-0.1	-0.15	-0.04	-0.02
Basic EPS - Continuing Operations	-0.17	-0.1	-0.15	-0.04	-0.02
Basic Weighted Average Shares Outstanding	268M	324M	493M	985M	1.91B
Net EPS - Diluted	-0.17	-0.1	-0.15	-0.04	-0.02
Diluted EPS - Continuing Operations	-0.17	-0.1	-0.15	-0.04	-0.02
Diluted Weighted Average Shares Outstanding	268M	324M	493M	985M	1.91B
Normalized Basic EPS	-0.09	-0.06	-0.05	-0.02	-0.01
Normalized Diluted EPS	-0.09	-0.06	-0.05	-0.02	-0.01
Supplemental Items
EBITDA	-33.69M	-28.8M	-34.53M	-35.34M	-39.15M
EBITA	-33.81M	-29.03M	-34.83M	-35.58M	-39.46M
EBIT	-33.99M	-29.37M	-35.05M	-35.81M	-39.68M
EBITDAR	-32.84M	-27.96M	-33.88M	-34.42M	-38.36M
Effective Tax Rate - (Ratio)	-	-	-0.05	-0.06	-0.08
Total Current Taxes	-	-	-	-	37K
Normalized Net Income	-23.13M	-20.18M	-24.74M	-24.44M	-26M
Interest on Long-Term Debt	182K	265K	330K	256K	687K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	7.64M	-	823K	-	-
Net Rental Expense, Total	849K	839K	658K	925K	784K
Imputed Operating Lease Interest Expense	937K	696K	976K	1.91M	1.42M
Imputed Operating Lease Depreciation	-87.67K	143K	-318K	-988K	-637K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	62.79M	26.72M	29.01M	18.54M	37.68M
Total Cash And Short Term Investments	62.79M	26.72M	29.01M	18.54M	37.68M
Accounts Receivable, Total	1.47M	564K	1.18M	692K	363K
Other Receivables	786K	1.11M	1.08M	1.8M	1.59M
Total Receivables	2.26M	1.68M	2.26M	2.49M	1.96M
Prepaid Expenses	1.81M	1.47M	1.1M	803K	400K
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	66.86M	29.87M	32.37M	21.84M	40.04M
Gross Property Plant And Equipment	2.95M	5.59M	6.06M	6.24M	11.07M
Accumulated Depreciation	-607K	-1.4M	-2.64M	-3.85M	-5.61M
Net Property Plant And Equipment	2.34M	4.18M	3.43M	2.4M	5.46M
Long-term Investments	32.66M	38.09M	5.43M	5.43M	1.86M
Other Intangibles, Total	14.04M	17.3M	18.84M	23.04M	30.65M
Other Long-Term Assets, Total	-	-	164K	170K	160K
Total Assets	116M	89.44M	60.23M	52.88M	78.17M
Liabilities
Accounts Payable, Total	2M	1.22M	1.18M	1.12M	1.07M
Accrued Expenses, Total	2.11M	2.09M	3.97M	4.53M	4.75M
Current Portion of Long-Term Debt	-	32.43M	15.54M	8.12M	-
Current Portion of Leases	457K	818K	958K	993K	1.31M
Other Current Liabilities	1.33M	1.27M	7.44M	3.6M	3.69M
Total Current Liabilities	5.9M	37.83M	29.08M	18.36M	10.82M
Long-Term Debt	34.95M	-	-	-	-
Long-Term Leases	1.52M	3.22M	2.4M	1.4M	5.51M
Other Non Current Liabilities	-	-	-	4.38M	2.5M
Total Liabilities	42.37M	41.05M	31.48M	24.14M	18.84M
Common Stock, Total	3.15M	3.26M	7.55M	11.94M	22.38M
Additional Paid In Capital	393M	400M	449M	484M	551M
Retained Earnings	-278M	-323M	-355M	-428M	-467M
Comprehensive Income and Other	-44.73M	-32.29M	-73.16M	-39.15M	-46.47M
Total Common Equity	73.53M	48.38M	28.75M	28.74M	59.33M
Total Equity	73.53M	48.38M	28.75M	28.74M	59.33M
Total Liabilities And Equity	116M	89.44M	60.23M	52.88M	78.17M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	315M	326M	755M	1.19B	2.24B
ECS Total Common Shares Outstanding	315M	326M	755M	1.19B	2.24B
Book Value / Share	0.23	0.15	0.04	0.02	0.03
Tangible Book Value	59.49M	31.09M	9.91M	5.69M	28.68M
Tangible Book Value Per Share	0.19	0.1	0.01	0	0.01
Total Debt	36.93M	36.47M	18.89M	10.52M	6.83M
Net Debt	-25.86M	9.75M	-10.11M	-8.03M	-30.86M
Debt Equivalent Oper. Leases	6.79M	6.71M	5.26M	7.4M	6.27M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	572K	663K	973K	1.16M	1.53M
Full Time Employees	13	13	16	16	16

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-44.73M	-32.29M	-73.15M	-39.12M	-46.41M
Depreciation & Amortization - CF	606K	915K	1.23M	1.21M	1.77M
Amortization of Goodwill and Intangible Assets - (CF)	181K	340K	227K	226K	226K
Depreciation & Amortization, Total	787K	1.26M	1.46M	1.44M	2M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	7.72M	-	872K	-	1.2M
Other Operating Activities, Total	408K	3.27M	35.83M	-109K	4.14M
Change In Accounts Receivable	-2.85M	503K	-665K	-342K	568K
Change in Other Net Operating Assets	-2.92M	-857K	1.54M	964K	237K
Cash from Operations	-41.59M	-28.12M	-34.11M	-37.18M	-38.26M
Capital Expenditure	-572K	-91K	-310K	-182K	-371K
Sale (Purchase) of Intangible assets	-9.63M	-3.59M	-2.64M	-4.43M	-7.83M
Investment in Marketable and Equity Securities, Total	-32.66M	-4.75M	-	-	-
Other Investing Activities, Total	-	-	-170K	-	1K
Cash from Investing	-42.86M	-8.44M	-3.12M	-4.62M	-8.2M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	35M	-	6.32M	-	-
Total Debt Issued	35M	-	6.32M	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-6.6M	-6.66M	-20.33M	-7.84M	-11.42M
Total Debt Repaid	-6.6M	-6.66M	-20.33M	-7.84M	-11.42M
Issuance of Common Stock	78.28M	7.48M	62.81M	39.81M	83.67M
Other Financing Activities, Total	-3.93M	-339K	-9.29M	-685K	-6.63M
Cash from Financing	103M	480K	39.52M	31.29M	65.61M
Foreign Exchange Rate Adjustments	-	-	1K	38K	-7K
Miscellaneous Cash Flow Adjustments	-	-	1K	-	-
Net Change in Cash	18.29M	-36.07M	2.29M	-10.46M	19.14M
Supplemental Items
Cash Interest Paid	3.14M	268K	2.44M	4.28M	1.76M
Cash Income Tax Paid (Refund)	-	-	-	61K	37K
Levered Free Cash Flow	-37.99M	-23.11M	-18.82M	-31.2M	-31.04M
Unlevered Free Cash Flow	-36.03M	-20.73M	-15.61M	-28.82M	-29.81M
Change In Net Working Capital	5.37M	-58K	-7.78M	3.26M	-1.2M
Net Debt Issued / Repaid	28.4M	-6.66M	-14.01M	-7.84M	-11.42M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-24.05	-17.88	-29.28	-39.57	-37.85
Return on Total Capital	-26.08	-18.8	-33.07	-51.51	-47.06
Return On Equity %	-76.18	-52.97	-189.68	-136.12	-105.4
Return on Common Equity	-76.18	-52.97	-189.68	-136.12	-105.4
Margin Analysis
Gross Profit Margin %	-173.77	-333.45	-603.2	-313.06	-185.04
SG&A Margin	170.28	599.19	734.52	563.96	324.22
EBITDA Margin %	-340.17	-931.87	-1.35K	-894.56	-529.46
EBITA Margin %	-341.39	-939.21	-1.36K	-900.58	-533.61
EBIT Margin %	-343.22	-950.21	-1.37K	-906.3	-536.66
Income From Continuing Operations Margin %	-451.7	-1.04K	-2.85K	-990.2	-627.63
Net Income Margin %	-451.7	-1.04K	-2.85K	-990.2	-627.63
Net Avail. For Common Margin %	-451.7	-1.04K	-2.85K	-990.2	-627.63
Normalized Net Income Margin	-233.6	-652.84	-964.95	-618.51	-351.58
Levered Free Cash Flow Margin	-383.58	-747.6	-734.06	-789.65	-419.76
Unlevered Free Cash Flow Margin	-363.81	-670.62	-608.96	-729.51	-403.15
Asset Turnover
Asset Turnover	0.11	0.03	0.03	0.07	0.11
Fixed Assets Turnover	4.21	0.95	0.67	1.36	1.88
Receivables Turnover (Average Receivables)	9.56	3.04	2.94	4.23	14.02
Short Term Liquidity
Current Ratio	11.33	0.79	1.11	1.19	3.7
Quick Ratio	11.02	0.75	1.08	1.15	3.66
Operating Cash Flow to Current Liabilities	-7.05	-0.74	-1.17	-2.02	-3.54
Days Sales Outstanding (Average Receivables)	38.16	120.09	123.99	86.61	26.04
Average Days Payable Outstanding	27.6	43.86	24.3	25.79	18.97
Long Term Solvency
Total Debt/Equity	50.22	75.38	65.72	36.59	11.51
Total Debt / Total Capital	33.43	42.98	39.66	26.79	10.32
LT Debt/Equity	49.6	6.66	8.34	4.89	9.29
Long-Term Debt / Total Capital	33.02	3.8	5.03	3.58	8.34
Total Liabilities / Total Assets	36.56	45.9	52.27	45.66	24.1
EBIT / Interest Expense	-10.85	-7.71	-6.83	-9.42	-20.19
EBITDA / Interest Expense	-10.6	-7.39	-6.55	-9.04	-19.18
(EBITDA - Capex) / Interest Expense	-10.78	-7.41	-6.61	-9.09	-19.37
Total Debt / EBITDA	-1.11	-1.3	-0.56	-0.31	-0.18
Net Debt / EBITDA	0.78	-0.35	0.3	0.23	0.82
Total Debt / (EBITDA - Capex)	-1.09	-1.29	-0.56	-0.3	-0.18
Net Debt / (EBITDA - Capex)	0.77	-0.35	0.3	0.23	0.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	180.78	-68.79	-17.05	54.1	87.14
Gross Profit, 1 Yr. Growth %	4.08	-40.1	50.05	-20.02	10.62
EBITDA, 1 Yr. Growth %	13.91	-14.5	19.89	2.35	10.76
EBITA, 1 Yr. Growth %	14.32	-14.13	19.96	-0.19	10.88
EBIT, 1 Yr. Growth %	14.38	-13.59	19.35	-0.19	10.82
Earnings From Cont. Operations, 1 Yr. Growth %	28.2	-27.82	126.57	-46.52	18.62
Net Income, 1 Yr. Growth %	28.2	-27.82	126.57	-46.52	18.62
Normalized Net Income, 1 Yr. Growth %	12.34	-12.77	22.61	-3.24	6.38
Diluted EPS Before Extra, 1 Yr. Growth %	-37.55	-41.18	50	-73.33	-39.2
Accounts Receivable, 1 Yr. Growth %	194	-61.63	108.87	-41.26	-47.54
Net Property, Plant and Equip., 1 Yr. Growth %	-0.72	78.46	-18.14	-30.01	127.86
Total Assets, 1 Yr. Growth %	90.65	-22.83	-32.66	-12.2	47.82
Tangible Book Value, 1 Yr. Growth %	88.23	-47.74	-68.11	-42.6	403.92
Common Equity, 1 Yr. Growth %	67.45	-34.2	-40.58	-0.05	106.46
Cash From Operations, 1 Yr. Growth %	36.86	-32.4	21.32	8.99	2.93
Capital Expenditures, 1 Yr. Growth %	-	-84.09	240.66	-41.29	103.85
Levered Free Cash Flow, 1 Yr. Growth %	84.82	-39.17	-18.55	68.53	-0.52
Unlevered Free Cash Flow, 1 Yr. Growth %	96.92	-42.46	-24.68	88.32	3.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	48.18	-6.38	-49.12	13.06	69.82
Gross Profit, 2 Yr. CAGR %	4.84	-21.04	-5.2	9.55	-5.94
EBITDA, 2 Yr. CAGR %	-1.34	-1.31	1.25	10.77	6.47
EBITA, 2 Yr. CAGR %	-1.16	-0.92	1.5	10.71	5.2
EBIT, 2 Yr. CAGR %	-1.2	-0.58	1.55	10.42	5.17
Earnings From Cont. Operations, 2 Yr. CAGR %	-2.1	-3.81	27.88	10.08	-20.35
Net Income, 2 Yr. CAGR %	-2.1	-3.81	27.88	10.08	-20.35
Normalized Net Income, 2 Yr. CAGR %	-2.96	-1.01	3.42	10.05	1.45
Diluted EPS Before Extra, 2 Yr. CAGR %	-68.09	-39.39	-6.07	-36.75	-59.74
Accounts Receivable, 2 Yr. CAGR %	-	6.21	-10.48	10.77	-44.49
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.48	33.11	20.87	-24.3	26.29
Total Assets, 2 Yr. CAGR %	109.71	21.29	-27.91	-23.11	13.92
Tangible Book Value, 2 Yr. CAGR %	587.67	-0.82	-59.18	-57.21	70.08
Common Equity, 2 Yr. CAGR %	155.06	4.97	-37.47	-22.93	43.65
Cash From Operations, 2 Yr. CAGR %	8.74	-3.81	-9.44	14.99	5.92
Capital Expenditures, 2 Yr. CAGR %	-	-	-26.38	41.42	9.4
Levered Free Cash Flow, 2 Yr. CAGR %	23.68	6.03	-29.61	16.2	29.48
Unlevered Free Cash Flow, 2 Yr. CAGR %	27.55	6.44	-34.17	17.92	39.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.67	-11.83	-10.08	-26.38	33.74
Gross Profit, 3 Yr. CAGR %	7.41	-13.01	-2.2	-10.42	9.9
EBITDA, 3 Yr. CAGR %	-7.46	-5.94	5.3	1.61	10.77
EBITA, 3 Yr. CAGR %	-7.35	-5.69	5.6	1.72	10.77
EBIT, 3 Yr. CAGR %	-7.44	-5.52	5.66	1.75	10.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.1	-11.56	27.99	-4.37	12.85
Net Income, 3 Yr. CAGR %	-10.1	-11.56	27.99	-4.37	12.85
Normalized Net Income, 3 Yr. CAGR %	-4.66	-6.35	6.31	1.85	8.81
Diluted EPS Before Extra, 3 Yr. CAGR %	-59.47	-60.88	-18.02	-38.26	-37.58
Accounts Receivable, 3 Yr. CAGR %	-13.87	-	33.06	-22.21	-13.66
Net Property, Plant and Equip., 3 Yr. CAGR %	-	19.28	13.2	0.75	9.3
Total Assets, 3 Yr. CAGR %	58.23	50.28	-0.31	-23.02	-4.39
Tangible Book Value, 3 Yr. CAGR %	92.19	191.27	-32.05	-54.27	-2.65
Common Equity, 3 Yr. CAGR %	47.73	62.37	-13.17	-26.89	7.03
Cash From Operations, 3 Yr. CAGR %	-3.2	-7.19	3.93	-3.67	10.82
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-31.73	59.75
Levered Free Cash Flow, 3 Yr. CAGR %	-0.08	-2.37	-2.89	-6.35	10.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	-1.82	-2.18	-5.15	-7.17	12.87
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.07	-24.66	-21.56	-2.61	15.96
Gross Profit, 5 Yr. CAGR %	1.41	-19.5	2.18	-4.6	-3.71
EBITDA, 5 Yr. CAGR %	6.12	-12.94	-4.07	0.42	5.77
EBITA, 5 Yr. CAGR %	6.19	-12.8	-3.91	0.56	5.94
EBIT, 5 Yr. CAGR %	6.11	-12.67	-3.94	0.56	5.95
Earnings From Cont. Operations, 5 Yr. CAGR %	3.55	-11.26	3.51	-3.47	5.87
Net Income, 5 Yr. CAGR %	3.55	-11.26	3.51	-3.47	5.87
Normalized Net Income, 5 Yr. CAGR %	7.93	-11.01	-1.51	-0.1	4.77
Diluted EPS Before Extra, 5 Yr. CAGR %	-44.88	-48.88	-43.27	-52.59	-38.31
Accounts Receivable, 5 Yr. CAGR %	1.04	-21.66	-12.53	-	-6.2
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-0.56	18.26
Total Assets, 5 Yr. CAGR %	30.55	-1.73	15.54	14.94	5.16
Tangible Book Value, 5 Yr. CAGR %	78.88	-9.45	3.42	35.24	-1.92
Common Equity, 5 Yr. CAGR %	29.71	-9.91	4.74	20.52	6.2
Cash From Operations, 5 Yr. CAGR %	13.26	-12.08	-5.75	1.11	4.72
Levered Free Cash Flow, 5 Yr. CAGR %	9.67	-9.38	-13.14	4.67	8.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.51	-11.29	-16.33	5.41	10.25