Income Statement Maven Wireless Sweden AB

Stocks

MAVEN

SE0015961180

Communications & Networking

Market Closed - Nasdaq Stockholm 12:00:00 2026-09-25 EDT			5-day change	1st Jan Change
4.820 ^SEK	+0.42%		-3.41%	-8.02%

09-02	Maven Wireless Sweden Names New COO	MT
09-02	Maven Wireless Announces Appointment of Sandra Eriksson as Chief Operating Officer and Member of Group Management	CI

edb1669.ppq9K3p6mmuy3tsY_hWU4Q2gJVS-fKDF2swEaGNG_lE.4q_rEhs-2yCDmu9TuEPYqzTjehXEEtO0g6B0WgAPjCSU8YVjMSzMMd6s6w

Published financial data: MAVEN WIRELESS SWEDEN AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Revenues	58.35M	116M	256M	213M	205M
Total Revenues	58.35M	116M	256M	213M	205M
Cost of Goods Sold, Total	29.73M	69.58M	144M	108M	105M
Gross Profit	28.62M	46.19M	112M	105M	99.14M
Selling General & Admin Expenses, Total	38.51M	49.37M	72.74M	95.71M	98.25M
Depreciation & Amortization - (IS)	3.26M	4.98M	6.86M	7.79M	9.24M
Other Operating Expenses	-272K	-	-	-	-
Other Operating Expenses, Total	41.5M	54.35M	79.6M	103M	107M
Operating Income	-12.88M	-8.17M	32.13M	1.67M	-8.35M
Interest Expense, Total	-713K	-693K	-651K	-510K	-6.43M
Net Interest Expenses	-713K	-693K	-651K	-510K	-6.43M
Currency Exchange Gains (Loss)	-	3.13M	4.97M	2.19M	-63K
Other Non Operating Income (Expenses)	-	-	-	1K	-1K
EBT, Excl. Unusual Items	-13.6M	-5.73M	36.45M	3.35M	-14.84M
Other Unusual Items	1.49M	-	-	-	-
EBT, Incl. Unusual Items	-12.11M	-5.73M	36.45M	3.35M	-14.84M
Income Tax Expense	-	-	-2.58M	3.14M	-
Earnings From Continuing Operations	-12.11M	-5.73M	39.03M	216K	-14.84M
Net Income to Company	-12.11M	-5.73M	39.03M	216K	-14.84M
Net Income - (IS)	-12.11M	-5.73M	39.03M	216K	-14.84M
Net Income to Common Incl Extra Items	-12.11M	-5.73M	39.03M	216K	-14.84M
Net Income to Common Excl. Extra Items	-12.11M	-5.73M	39.03M	216K	-14.84M
Per Share Items
Net EPS - Basic	-0.24	-0.11	0.75	0	-0.28
Basic EPS - Continuing Operations	-0.24	-0.11	0.75	0	-0.28
Basic Weighted Average Shares Outstanding	50.66M	51.87M	51.91M	51.91M	53.24M
Net EPS - Diluted	-0.24	-0.11	0.75	0	-0.28
Diluted EPS - Continuing Operations	-0.24	-0.11	0.75	0	-0.28
Diluted Weighted Average Shares Outstanding	50.82M	52.04M	52.04M	52.41M	53.24M
Normalized Basic EPS	-0.17	-0.07	0.44	0.04	-0.17
Normalized Diluted EPS	-0.17	-0.07	0.44	0.04	-0.17
Dividend Per Share	-	-	0.1	-	-
Payout Ratio	-	-	-	2.4K	-
Supplemental Items
EBITDA	-12.72M	-7.5M	33.58M	2.22M	-5.42M
EBITA	-12.83M	-7.79M	32.2M	2.22M	-7.54M
EBIT	-12.88M	-8.17M	32.13M	1.67M	-8.35M
EBITDAR	-11.25M	-5.28M	36.07M	4.88M	-2.5M
Total Revenues (As Reported)	60.11M	119M	261M	215M	205M
Effective Tax Rate - (Ratio)	-	-	-7.07	93.56	-
Total Current Taxes	-	-	-	550K	-
Total Deferred Taxes	-	-	-2.59M	2.59M	-
Normalized Net Income	-8.5M	-3.58M	22.78M	2.1M	-9.28M
Interest on Long-Term Debt	-	-	165K	185K	235K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	3.1M	4.31M	5.11M	5.6M	5.76M
Net Rental Expense, Total	1.47M	2.21M	2.49M	2.67M	2.92M
Imputed Operating Lease Interest Expense	1.2M	2.54M	2.94M	2.24M	11.89M
Imputed Operating Lease Depreciation	267K	-334K	-450K	424K	-8.97M

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Assets
Cash And Equivalents	14.11M	14.41M	41.69M	-	3.5M
Total Cash And Short Term Investments	14.11M	14.41M	41.69M	-	3.5M
Accounts Receivable, Total	10.75M	32.13M	32.28M	28.7M	22.38M
Other Receivables	735K	314K	1.18M	8.66M	6.97M
Total Receivables	11.48M	32.44M	33.46M	37.36M	29.36M
Inventory	7.6M	9.8M	19.79M	19.88M	19.61M
Prepaid Expenses	1.01M	2.12M	2.31M	4.43M	3.37M
Other Current Assets, Total	63K	-	-	-	-
Total Current Assets	34.26M	58.78M	97.26M	61.67M	55.84M
Gross Property Plant And Equipment	1.2M	2.6M	5.23M	5.31M	6.59M
Accumulated Depreciation	-507K	-805K	-1.16M	-1.62M	-2.34M
Net Property Plant And Equipment	688K	1.79M	4.08M	3.69M	4.24M
Long-term Investments	9K	-	-	-	-
Other Intangibles, Total	3.47M	3.79M	4.51M	4.86M	4.72M
Deferred Tax Assets Long-Term	-	-	2.59M	-	-
Deferred Charges Long-Term	49.21M	59.23M	72.68M	91.48M	107M
Other Long-Term Assets, Total	381K	323K	255K	223K	301K
Total Assets	88.02M	124M	181M	162M	172M
Liabilities
Accounts Payable, Total	6.66M	28.47M	46.14M	31.98M	26.24M
Accrued Expenses, Total	2.96M	7.26M	5.68M	5.95M	4.83M
Short-term Borrowings	-	-	-	2.47M	14.41M
Current Portion of Long-Term Debt	500K	500K	2.85M	647K	2.4M
Current Income Taxes Payable	356K	365K	-	-	-
Other Current Liabilities	3.57M	4.88M	5.66M	4.73M	4.53M
Total Current Liabilities	14.06M	41.48M	60.33M	45.77M	52.41M
Long-Term Debt	5.21M	3.42M	2.05M	1.68M	3.63M
Other Non Current Liabilities	-	-	-1K	-1K	-
Total Liabilities	19.27M	44.9M	62.38M	47.46M	56.04M
Common Stock, Total	1.27M	1.3M	1.3M	1.3M	1.33M
Additional Paid In Capital	117M	133M	133M	133M	143M
Retained Earnings	-49.93M	-55.48M	-15.78M	-20.29M	107M
Comprehensive Income and Other	-	-	-	-	-136M
Total Common Equity	68.75M	79M	119M	114M	116M
Total Equity	68.75M	79M	119M	114M	116M
Total Liabilities And Equity	88.02M	124M	181M	162M	172M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50.66M	51.87M	51.91M	51.91M	53.24M
ECS Total Common Shares Outstanding	50.66M	51.87M	51.91M	51.91M	53.24M
Book Value / Share	1.36	1.52	2.29	2.21	2.19
Tangible Book Value	65.28M	75.22M	114M	110M	112M
Tangible Book Value Per Share	1.29	1.45	2.21	2.11	2.1
Total Debt	5.71M	3.92M	4.9M	4.8M	20.44M
Net Debt	-8.4M	-10.49M	-36.78M	4.8M	16.93M
Debt Equivalent Oper. Leases	11.73M	17.68M	19.95M	21.33M	23.34M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	7.76M	9.59M	19.77M	19.57M
Inventories - Finished Goods, Total	7.6M	2.04M	10.21M	112K	38K
Machinery, Total	1.2M	2.6M	5.23M	5.31M	6.59M
Full Time Employees	31	27	34	43	43

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Net Income	-12.11M	-5.73M	39.03M	216K	-14.84M
Depreciation & Amortization - CF	112K	298K	1.38M	-	2.12M
Amortization of Goodwill and Intangible Assets - (CF)	55K	373K	64K	548K	813K
Depreciation & Amortization, Total	167K	671K	1.44M	548K	2.93M
Amortization of Deferred Charges, Total - (CF)	3.1M	4.31M	5.11M	5.6M	5.76M
Other Operating Activities, Total	-501K	-1.33M	-1.65M	6.82M	8.09M
Change In Accounts Receivable	-9.94M	-21M	-2.04M	-5.96M	9.58M
Change In Inventories	-7.66M	-1.62M	-10.52M	-87K	129K
Change in Other Net Operating Assets	5.67M	27.28M	17.19M	-16.94M	-7.13M
Cash from Operations	-21.27M	2.58M	48.56M	-9.82M	4.52M
Capital Expenditure	-420K	-1.4M	-1.86M	-1.14M	-1.28M
Sale (Purchase) of Intangible assets	-14.23M	-15.02M	-19.08M	-25.3M	-22.29M
Other Investing Activities, Total	29K	58K	65K	38K	-92K
Cash from Investing	-14.62M	-16.36M	-20.87M	-26.39M	-23.66M
Short Term Debt Issued, Total	-	-	-	2.47M	11.16M
Long-Term Debt Issued, Total	-	-	1.11M	-	-
Total Debt Issued	-	-	1.11M	2.47M	11.16M
Short Term Debt Repaid, Total	-2.03M	-	-	-	-
Long-Term Debt Repaid, Total	-499K	-1.79M	-1.79M	-2.8M	-2.5M
Total Debt Repaid	-2.52M	-1.79M	-1.79M	-2.8M	-2.5M
Issuance of Common Stock	58.32M	16.98M	270K	-	10M
Common Dividends Paid	-	-	-	-5.19M	-
Common & Preferred Stock Dividends Paid	-	-	-	-5.19M	-
Other Financing Activities, Total	-6.81M	-1.18M	-1K	-	4M
Cash from Financing	48.99M	14.02M	-409K	-5.52M	22.65M
Foreign Exchange Rate Adjustments	-	-	-	40K	-
Net Change in Cash	13.09M	237K	27.28M	-41.69M	3.5M
Supplemental Items
Cash Interest Paid	713K	693K	651K	649K	1.84M
Cash Income Tax Paid (Refund)	547K	-10K	-100K	-52K	90K
Levered Free Cash Flow	-32.32M	-13.99M	10.59M	-40.49M	-21.84M
Unlevered Free Cash Flow	-31.87M	-13.56M	11M	-40.17M	-17.83M
Change In Net Working Capital	12.43M	-2.98M	-5.3M	20.93M	-2.28M
Net Debt Issued / Repaid	-2.52M	-1.79M	-678K	-328K	8.65M

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Profitability
Return on Assets	-12.02	-4.82	13.15	0.61	-3.12
Return on Total Capital	-14.38	-6.49	19.42	0.86	-4.08
Return On Equity %	-24.69	-7.77	39.43	0.18	-12.86
Return on Common Equity	-24.69	-7.77	39.43	0.18	-12.86
Margin Analysis
Gross Profit Margin %	49.04	39.9	43.61	49.33	48.45
SG&A Margin	66	42.64	28.39	44.89	48.02
EBITDA Margin %	-21.8	-6.47	13.1	1.04	-2.65
EBITA Margin %	-21.99	-6.73	12.57	1.04	-3.68
EBIT Margin %	-22.08	-7.05	12.54	0.78	-4.08
Income From Continuing Operations Margin %	-20.75	-4.95	15.23	0.1	-7.25
Net Income Margin %	-20.75	-4.95	15.23	0.1	-7.25
Net Avail. For Common Margin %	-20.75	-4.95	15.23	0.1	-7.25
Normalized Net Income Margin	-14.56	-3.09	8.89	0.98	-4.53
Levered Free Cash Flow Margin	-55.39	-12.09	4.13	-18.99	-10.68
Unlevered Free Cash Flow Margin	-54.62	-11.71	4.29	-18.84	-8.71
Asset Turnover
Asset Turnover	0.87	1.09	1.68	1.24	1.22
Fixed Assets Turnover	109.27	93.33	87.32	54.9	51.58
Receivables Turnover (Average Receivables)	9.28	5.4	7.96	6.99	8.01
Inventory Turnover (Average Inventory)	-	8	9.76	5.45	5.34
Short Term Liquidity
Current Ratio	2.44	1.42	1.61	1.35	1.07
Quick Ratio	1.82	1.13	1.25	0.82	0.63
Operating Cash Flow to Current Liabilities	-1.51	0.06	0.8	-0.21	0.09
Days Sales Outstanding (Average Receivables)	39.34	67.59	45.88	52.34	45.57
Days Outstanding Inventory (Average Inventory)	-	45.62	37.38	67.21	68.33
Average Days Payable Outstanding	-	89.35	88.16	132.23	100.99
Cash Conversion Cycle (Average Days)	-	23.86	-4.9	-12.68	12.9
Long Term Solvency
Total Debt/Equity	8.31	4.96	4.12	4.19	17.56
Total Debt / Total Capital	7.67	4.73	3.96	4.02	14.93
LT Debt/Equity	7.58	4.33	1.73	1.47	3.11
Long-Term Debt / Total Capital	7	4.13	1.66	1.41	2.65
Total Liabilities / Total Assets	21.89	36.24	34.4	29.31	32.5
EBIT / Interest Expense	-18.07	-11.78	49.36	3.27	-1.3
EBITDA / Interest Expense	-17.84	-10.82	51.58	4.35	-0.84
(EBITDA - Capex) / Interest Expense	-18.43	-12.84	48.72	2.12	-1.04
Total Debt / EBITDA	-0.45	-0.52	0.15	2.17	-3.77
Net Debt / EBITDA	0.66	1.4	-1.1	2.17	-3.12
Total Debt / (EBITDA - Capex)	-0.43	-0.44	0.15	4.45	-3.05
Net Debt / (EBITDA - Capex)	0.64	1.18	-1.16	4.45	-2.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.08	98.41	121.3	-16.79	-4.02
Gross Profit, 1 Yr. Growth %	95.65	61.39	141.91	-5.88	-5.73
EBITDA, 1 Yr. Growth %	-37.52	-43.04	-547.98	-93.12	-240.38
EBITA, 1 Yr. Growth %	-37.36	-41.27	-513.17	-93.12	-440.21
EBIT, 1 Yr. Growth %	-37.26	-38.72	-493.51	-94.81	-600.72
Earnings From Cont. Operations, 1 Yr. Growth %	-40.27	-53.32	-781.12	-99.45	-6.97K
Net Income, 1 Yr. Growth %	-40.27	-53.32	-781.12	-99.45	-6.97K
Normalized Net Income, 1 Yr. Growth %	-32.91	-58.38	-736.13	-90.8	-542.68
Diluted EPS Before Extra, 1 Yr. Growth %	-45.78	-54.41	-778.89	-99.45	-6.86K
Accounts Receivable, 1 Yr. Growth %	487.32	198.95	0.46	-11.08	-22.01
Inventory, 1 Yr. Growth %	-	29.01	102.02	0.44	-1.36
Net Property, Plant and Equip., 1 Yr. Growth %	81.05	160.61	127.27	-9.42	14.93
Total Assets, 1 Yr. Growth %	91.42	40.84	46.03	-10.72	6.5
Tangible Book Value, 1 Yr. Growth %	145.2	15.52	52.19	-4.25	1.89
Common Equity, 1 Yr. Growth %	134.32	15.2	50.6	-3.79	1.7
Cash From Operations, 1 Yr. Growth %	205.78	-112.17	1.78K	-120.22	-146.01
Capital Expenditures, 1 Yr. Growth %	74.27	234.05	32.36	-38.77	12.49
Levered Free Cash Flow, 1 Yr. Growth %	146.16	-56.78	-175.7	-539.36	-43.77
Unlevered Free Cash Flow, 1 Yr. Growth %	150.53	-57.53	-181.12	-517.47	-53.73
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.09	37.24	109.54	35.7	-10.63
Gross Profit, 2 Yr. CAGR %	30.66	77.7	97.59	50.89	-5.81
EBITDA, 2 Yr. CAGR %	135.92	-39.32	59.74	-45.63	-58.97
EBITA, 2 Yr. CAGR %	39.73	-38.32	55.77	-46.67	-51.61
EBIT, 2 Yr. CAGR %	40.03	-36.94	55.29	-54.8	-49.02
Earnings From Cont. Operations, 2 Yr. CAGR %	33.56	-46.83	78.29	-80.58	-38.33
Net Income, 2 Yr. CAGR %	33.56	-46.83	78.29	-80.58	-38.33
Normalized Net Income, 2 Yr. CAGR %	41.55	-46.83	62.7	-23.5	-36.19
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-50.04	75.91	-80.69	-39.03
Accounts Receivable, 2 Yr. CAGR %	-31.31	319.02	73.3	-5.49	-16.72
Inventory, 2 Yr. CAGR %	-	-	61.44	42.45	-0.46
Net Property, Plant and Equip., 2 Yr. CAGR %	16.58	117.22	143.37	43.48	2.03
Total Assets, 2 Yr. CAGR %	24.58	64.15	43.58	14.18	-2.49
Tangible Book Value, 2 Yr. CAGR %	61.32	68.09	32.59	20.72	-1.23
Common Equity, 2 Yr. CAGR %	60.42	64.1	31.72	20.37	-1.09
Cash From Operations, 2 Yr. CAGR %	-	-39.08	51.28	94.98	-69.5
Capital Expenditures, 2 Yr. CAGR %	-	141.28	110.27	-9.98	-17.01
Levered Free Cash Flow, 2 Yr. CAGR %	-	3.24	-42.79	70.1	53.96
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	3.24	-41.3	72.12	36.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	82.05	27.4	60.93	54.02	20.9
Gross Profit, 3 Yr. CAGR %	66.56	40.19	96.94	54.31	28.99
EBITDA, 3 Yr. CAGR %	41.43	48.58	18.16	-44.78	-10.24
EBITA, 3 Yr. CAGR %	35.03	5.85	16.27	-44.93	-1.1
EBIT, 3 Yr. CAGR %	35.22	7.51	16.09	-49.98	0.75
Earnings From Cont. Operations, 3 Yr. CAGR %	30.39	-5.48	24.41	-73.99	37.34
Net Income, 3 Yr. CAGR %	30.39	-5.48	24.41	-73.99	37.34
Normalized Net Income, 3 Yr. CAGR %	35.54	-5.48	21.61	-37.55	37.34
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	19.22	-74.29	36.14
Accounts Receivable, 3 Yr. CAGR %	138.6	12.15	160.31	38.74	-11.35
Inventory, 3 Yr. CAGR %	-	-	-	37.82	26.02
Net Property, Plant and Equip., 3 Yr. CAGR %	27.07	52.43	120.52	75.06	33.25
Total Assets, 3 Yr. CAGR %	33.06	29.76	58	22.55	11.56
Tangible Book Value, 3 Yr. CAGR %	27.07	44.2	62.61	18.96	14.08
Common Equity, 3 Yr. CAGR %	28.46	43.54	59.47	18.62	13.79
Cash From Operations, 3 Yr. CAGR %	-	-	91.11	-22.66	20.48
Capital Expenditures, 3 Yr. CAGR %	-	-	97.51	39.37	-3.04
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-6.9	7.74	16
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-4.73	7.96	9.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	92.59	30.66	27.19
Gross Profit, 5 Yr. CAGR %	-	-	78.34	44.38	46.63
EBITDA, 5 Yr. CAGR %	-	-	49.5	-0.61	-23.25
EBITA, 5 Yr. CAGR %	-	-	43.94	-19.54	-18.12
EBIT, 5 Yr. CAGR %	-	-	43.88	-23.98	-16.47
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	48.19	-49.82	-6.04
Net Income, 5 Yr. CAGR %	-	-	48.19	-49.82	-6.04
Normalized Net Income, 5 Yr. CAGR %	-	-	46.18	-13.15	-6.04
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-8.83
Accounts Receivable, 5 Yr. CAGR %	-	-	109.95	4.73	65.01
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	64.79	48.78	62.02
Total Assets, 5 Yr. CAGR %	-	-	37.16	23.35	30.26
Tangible Book Value, 5 Yr. CAGR %	-	-	29.19	34.3	33.21
Common Equity, 5 Yr. CAGR %	-	-	29.69	33.78	31.74
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-8.28
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	39.63
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	10.72
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	6.98