1. Sweden Stocks

  2. •

    Technology services

  3. •

    Packaged software
Upsales Technology AB

Upsales Technology AB

2.51
EUR
-0.11
(-4.20%)
0.10EPS
20.70P/E
35.36MMarket Cap
Feb 17Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.11
3.72
4.21
4.52
5.6
7.72
8.62
8.6
9.03
9.5
Basic EPS, GAAP
-1.21
- -
0.16
0.4
0.58
1.34
1.64
1.1
1.33
1.12
Free Cash Flow per Basic Share
-0.08
0.1
0.39
1.12
2.2
1.74
1.7
1.27
0.93
1.91
Dividend per Share
- -
- -
- -
- -
- -
2.01
2
1.5
1.5
2.52
Book Value per Share
-0.57
-0.58
1.22
1.63
2.33
2.18
1.8
1.3
1.09
0.23
Tangible Book Value per Share
-2.27
-2.07
0.05
0.69
1.28
1.05
0.57
-0.05
-0.83
-1.32
Basic Weighted Avg Shares
15
15
16
17
17
17
17
17
17
17
Sales/Revenue/Turnover
32
57
68
75
93
130
145
145
152
160
Operating Margin (%)
-64.74
4.33
5.3
12.22
13.5
21.97
23.66
15.83
18.56
15.58
Depreciation Expense
9
8
9
9
7
7
8
8
10
12
Net Income, GAAP
-19
- -
3
7
10
22
28
18
22
19
Effective Tax Rate (%)
- -
95.8
17.53
27.79
22.9
21.23
21.17
21.18
21.5
25.53
Profit Margin (%)
-57.56
0.11
3.83
8.83
10.43
17.36
18.97
12.77
14.77
11.83
Working Capital
-27
-26
-2
10
17
11
2
-7
-20
-28
LT Debt
4
9
- -
- -
- -
- -
- -
- -
3
2
Total Equity
-9
-9
20
27
39
37
30
22
18
4
Return on Invested Capital (%)
- -
0.72
16.22
27.25
27.28
51.52
66.72
61.5
102.99
118.39
Return on Capital (%)
- -
0.77
15.86
27.97
29.54
59.74
82.41
70.89
104.76
121.64
Return on Common Equity (%)
- -
- -
- -
27.96
29.52
59.72
82.31
70.83
111.59
131.06

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
- -
- -
392

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
69
69
51
Cash, Cash Equivalents & STI
37
43
32
Accounts Receivable, Net
22
18
12
Inventories
- -
- -
- -
Total Current Liabilities
89
87
79
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-4.84%
-16.34%
Free Cash Flow
- -
4.32%
-26.84%
Net Income, GAAP
- -
37.78%
21.5%
Sales/Revenue/Turnover
- -
15.95%
5.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37
35
36
36
145
2025
36
37
- -
40
152
2026
41
41
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.21
0.42
0.16
1.1
2025
0.19
0.29
- -
0.34
1.33
2026
0.18
0.32
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.5
- -
- -
1.5
2025
- -
1.5
- -
- -
1.5
2026
- -
1.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Johan Kallblad
Full Time Employees
67
Sector
Technology services
Industry
Packaged software
Address
Kungsgatan 49 Stockholm AB Sweden 111 22
IPO Date
Apr 24, 2019
Website
upsales.com
Similar Companies
Microsoft Corporation (NASDAQ:MSFT)
Palantir Technologies Inc. (NASDAQ:PLTR)
Nebius Group N.V. (NASDAQ:NBIS)
Oracle Corporation (NYSE:ORCL)
CoreWeave, Inc. (NASDAQ:CRWV)
ServiceNow, Inc. (NYSE:NOW)
Business
Upsales Technology AB (publ) (UPSALE.ST) is a Sweden-based software-as-a-service provider that develops, markets and sells cloud-based business systems focused on customer relationship management, marketing automation, sales pipeline management and revenue analytics for B2B companies, primarily small and medium-sized enterprises in IT, software, media and financial services sectors; its core Upsales platform offers AI-based lead recommendations, sales history analysis with action suggestions, discovery of untapped companies in customer networks, data-driven target setting and automated forecasting, upsell and cross-sell alerts, revenue recognition tracking including subscription ARR/MRR and profit margins, access to financial and contact data for companies, professional pipeline management, recommendations on new business opportunities and third-party app integrations; the company also provides an end-to-end sales and marketing suite as a comprehensive revenue engine. Founded in 2003 and headquartered in Stockholm, Upsales operates primarily in Sweden and internationally, targeting fast-growing companies with tools for rapid CRM implementation and AI-driven revenue acceleration. In late 2024, the company launched Upsales AI, its most significant product investment featuring strategic tools like automated demand forecasting from financial data on 80 million European companies, daily analysis of 1 million news articles and macroeconomic indicators to map company relationships and identify growth opportunities and risks; it introduced Upsales Accelerate, a simplified all-inclusive pricing structure incorporating AI features that replaced prior plans amid strong customer demand; throughout 2025, Upsales has expanded AI capabilities and intelligent agents, strengthened its Professional Services organization for enhanced delivery and reported accelerating ARR growth to MSEK 147.7 by Q3 with investments in internal AI for operational efficiency.