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Impact Coatings AB (publ)

Impact Coatings AB (publ)

IMPC.ST
Impact Coatings AB (publ)SE flagStockholm Stock Exchange
4.30
SEK
+0.10
- -
378.31MMarket Cap
Impact Coatings AB (publ)
IMPC.ST
(Stockholm Stock Exchange)

Recent

price

4.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.69
0.8
1.04
0.18
0.21
0.66
0.73
0.72
0.45
1.07
0.72
0.96
0.55
1.21
1.26
0.54
0.46
Revenue per Share
-1.17
-2.51
-1.19
-1.32
-0.73
-0.37
-0.21
-0.86
-0.83
-0.58
-0.42
-0.54
-0.8
-0.39
-0.34
-0.52
-0.33
Basic EPS, GAAP
-1.64
-1.46
-0.7
-0.68
-0.58
-0.33
-0.29
-1.49
-0.41
-0.7
-0.53
-0.57
-1.17
-0.85
-1.03
-0.54
-0.36
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.22
-4.61
-5.8
-6.74
-5.92
-5.3
-5.67
-6.38
-5.67
-6.14
-5.49
2.71
1.95
2.57
2.09
1.76
- -
Book Value per Share
6
3.18
2
1.29
0.96
0.43
1.06
2.78
1.32
2.15
1.39
2.68
1.94
2.54
2.04
1.68
1.48
Tangible Book Value per Share
19
21
21
22
28
34
33
35
45
46
55
59
58
81
87
88
94
Basic Weighted Avg Shares
13
16
21
4
6
22
24
25
20
49
40
57
32
98
110
47
43
Sales/Revenue/Turnover
-245.22
-188.73
-115.21
-742.85
-348.17
-53.52
-28.56
-120.38
-186.04
-54.06
-55.14
-57.33
-157.19
-31.91
-29.39
-92.18
-56.91
Operating Margin (%)
3
6
3
7
2
2
1
1
2
4
3
3
3
5
6
8
- -
Depreciation Expense
-23
-52
-24
-29
-21
-13
-7
-30
-38
-26
-23
-32
-47
-32
-30
-46
-31
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-170.51
-312.51
-114.21
-742.03
-346.35
-55.67
-28.58
-119.48
-186.16
-53.76
-58.14
-56.11
-146.88
-32.52
-26.93
-97.04
-72.37
Profit Margin (%)
76
47
31
20
15
7
30
79
40
81
68
150
80
153
100
87
77
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
117
66
41
28
27
15
37
102
64
102
79
161
114
210
183
154
145
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-34.24
-19.79
-15.09
-27.22
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
27
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
105
105
Market Capitalization
274
126
120

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
137
114
Cash, Cash Equivalents & STI
- -
34
14
Accounts Receivable, Net
- -
15
- -
Inventories
- -
76
74
Total Current Liabilities
- -
51
37
Payables & Accruals
- -
- -
- -
ST Debt
- -
27
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.88%
25.97%
-15.44%
Free Cash Flow
52.9%
20.32%
-46.88%
Net Income, GAAP
37.21%
20.36%
55.07%
Sales/Revenue/Turnover
27.82%
32.59%
-56.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
32
32
42
110
2025
10
7
- -
23
47
2026
13
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.18
-0.04
-0.07
-0.04
-0.34
2025
-0.16
-0.17
- -
-0.04
-0.52
2026
-0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Impact Coatings AB (publ) (IMPC.ST) develops and commercializes physical vapor deposition (PVD) coating solutions for hydrogen, metallization, and tailored applications worldwide. The company offers INLINECOATER PVD coating systems, including the IC2000 and IC500 models for high-volume production; ReelCoater for reel-to-reel electrical component coating; PlastiCoater for synchronized plastic metallization; MaxPhase coatings as gold replacements for electrical contacts; specialized coatings for fuel cells, electrolyzers, bipolar plates, and solid oxide fuel cells (SOFC/SOEC); as well as coating services, maintenance, spare parts, technical support, and training through ISO 9001-certified Coating Service Centers. Impact Coatings operates in Sweden, China, the United States, South Korea, Germany, Japan, Europe, North America, and Asia, targeting industries such as energy, automotive, electronics, mobility, and data center power generation. Founded in 1997 as a spin-out from Linköping University and headquartered at Cobolgatan 5 in Linköping, Sweden, the company employs approximately 54 people and focuses on clean, dry PVD processes that enhance surface properties like durability, wear resistance, and conductivity with minimal environmental impact. In recent developments, Impact Coatings moved into a new headquarters and expanded production facility in Linköping in September 2024; appointed Lena Åberg as permanent CFO effective November 2024; launched innovations in iridium oxide coatings for electrolysis and high-performance SOFC/SOEC coatings for data centers; formed a non-exclusive strategic collaboration with Feintool's Citec for integrated stamping, welding, coating, and sealing of fuel cell plates; received over USD 1 million in 2025 electrolyzer coating orders from a key customer; and announced a rights issue of approximately SEK 87 million in October 2025, approved in November, to bolster liquidity amid system order delays and support growth in services and new applications.