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    Medical - Healthcare Information Services
Aino Health AB (publ)

Aino Health AB (publ)

AINO.ST
Aino Health AB (publ)SE flagStockholm Stock Exchange
0.19
SEK
+0.00
- -
39.28MMarket Cap
Aino Health AB (publ)
AINO.ST
(Stockholm Stock Exchange)

Recent

price

0.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.45
1.84
0.48
1.82
0.66
0.99
0.77
0.53
0.27
0.19
0.12
0.13
0.12
Revenue per Share
-0.08
0.12
-0.52
-3
-0.7
-0.58
-0.41
-0.35
-0.21
-0.08
-0.05
-0.03
-0.04
Basic EPS, GAAP
-0.11
- -
-0.28
-2.58
-0.67
-0.44
-0.37
-0.19
-0.18
-0.05
-0.02
-0.01
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.15
-0.03
0.66
-1.72
0.57
0.94
0.83
-0.34
-0.2
-0.07
-0.03
-0.01
0.02
Book Value per Share
0.03
0.16
3.19
0.5
0.31
-0.17
0.01
-0.24
-0.18
-0.07
-0.03
-0.04
-0.05
Tangible Book Value per Share
12
12
12
11
31
26
32
44
73
126
205
205
205
Basic Weighted Avg Shares
17
22
6
19
21
26
25
23
20
24
24
26
24
Sales/Revenue/Turnover
-4.48
7.33
-107.75
-160.76
-99.52
-55.68
-56.1
-61.76
-73.12
-44.59
-38.64
-20.13
-28.24
Operating Margin (%)
- -
- -
- -
2
2
2
3
3
3
3
3
3
3
Depreciation Expense
-1
1
-6
-32
-22
-15
-13
-15
-15
-11
-10
-6
-8
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-5.22
6.57
-108.3
-165.13
-106.03
-59.04
-52.84
-66.05
-75.16
-44.57
-41.42
-23.4
-32.02
Profit Margin (%)
2
3
37
4
9
-6
- -
-11
-13
-9
-6
-1
-2
Working Capital
2
2
1
1
- -
- -
1
1
1
- -
- -
8
- -
LT Debt
- -
2
53
22
30
14
16
3
-2
-1
- -
-6
-9
Total Equity
- -
41.8
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
101.85
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-72.07
-51.4
- -
- -
- -
- -
- -
-201.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1
- -
LT Borrowings
- -
8
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
205
205
205
Market Capitalization
43
35
29

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4
7
6
Cash, Cash Equivalents & STI
1
6
4
Accounts Receivable, Net
3
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
9
8
9
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
345.62%
184.74%
1,302.4%
Free Cash Flow
-576.13%
-19.95%
-46.93%
Net Income, GAAP
-21.43%
-12.04%
-38.37%
Sales/Revenue/Turnover
20.98%
1.64%
9.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
6
6
6
24
2025
7
7
6
5
26
2026
6
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.02
-0.01
-0.02
-0.05
2025
- -
- -
-0.01
-0.02
-0.03
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Aino Health AB (publ) provides software-as-a-service (SaaS) platforms for corporate health management, focusing on data-driven solutions to reduce sickness absence, enhance employee well-being, and boost productivity in private and public organizations. The company offers its core HealthManager platform, which delivers automated surveys, analytics, root-cause analysis for absenteeism, exposure checks, security and GDPR-compliant services, and proactive support tools for line managers including conversation guides and digital wellbeing workflows; Aino SafetyManager for safety management; Aino e-Learning for leadership training; Aino Analytics for real-time dashboards and KPI tracking; telemedicine services; professional services encompassing analytics, management support, employee assistance, and onboarding including project planning, implementation, training, and communication. Aino Health AB (publ) operates internationally across Europe, serving occupational health providers, insurance companies, IT firms, HR and payroll centers, manufacturing sectors, municipalities, and large enterprises such as Stora Enso, Konecranes, The Adecco Group, ArcelorMittal, and North Savo Wellbeing County, with primary markets in Sweden, Finland, Germany, Netherlands, and Norway. Founded in 2016 and headquartered in Stockholm, Sweden, the company wholly owns subsidiaries Aino Health Sweden AB, Aino Health Germany GmbH, and Aino Health Management Oy (originally established in Finland in 1994). Recent developments include a partnership contract signed with Ratinan Terveys Oy (Pirte) in November 2025 to expand service offerings; a SEK 7.7 million funding initiative in 2025 to fuel growth; a major shareholder change in November 2024 when Norberg Partner Sustainable Group AB divested its 48% stake to Finnish investors Nexit III Ky (29%) and Tenendum Oy (19.3%); strategic price adjustments and new customer acquisitions in manufacturing during 2025, driving 20% revenue growth and positive EBITDA in Q2 2025; and the launch of the free Aino Calculator tool in 2025 for assessing sickness absence costs.