Clavister AB

Clavister AB

3.86
SEK
-0.59
(-13.26%)
0.08EPS
49.33P/E
1.55BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.83
1.85
1.79
1.84
2.1
2.32
2.34
1.83
1.26
1.32
1.48
0.76
0.7
0.8
Basic EPS, GAAP
-1.44
-1.07
-1.19
-1.3
-1.39
-2.54
-3.56
-1.06
-0.85
-1.02
-0.59
-0.22
0.02
0.08
Free Cash Flow per Basic Share
-1.09
-1.81
-1.39
-1.72
-2.15
-2.29
-0.82
-0.39
-0.9
-0.55
-0.26
-0.15
-0.02
0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.46
2.02
2.38
4.45
4.33
1.38
-1.69
0.12
-0.49
-1.48
-2.07
-0.31
0.25
0.29
Tangible Book Value per Share
1.32
1.07
1.38
2.16
2.09
-1.07
-4.15
-1.38
-2.09
-3.08
-3.65
-0.97
-0.22
-0.18
Basic Weighted Avg Shares
29
34
36
42
48
48
53
76
107
111
111
255
315
348
Sales/Revenue/Turnover
53
62
64
78
100
113
123
140
134
146
164
195
221
280
Operating Margin (%)
-92.25
-72.07
-81.05
-89.48
-75.65
-80.09
-61.33
-34.19
-43.14
-33.87
-17.44
-5.53
-2.63
5.54
Depreciation Expense
16
16
12
12
22
36
41
37
36
41
48
44
44
45
Net Income, GAAP
-42
-36
-43
-55
-66
-123
-188
-81
-91
-113
-65
-56
5
29
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-78.63
-57.49
-66.5
-70.66
-66.26
-109.25
-152.4
-58.2
-68
-77.14
-39.82
-28.75
2.39
10.49
Working Capital
24
5
19
54
34
46
-11
50
-14
-7
-176
- -
-15
-22
LT Debt
11
8
9
9
55
232
245
225
226
279
243
240
98
85
Total Equity
71
68
91
208
210
67
-89
12
-54
-164
-229
-84
94
107
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-95.1
-51.61
-53.8
-36.88
-31.76
-88.93
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25
24
25
LT Borrowings
90
90
80
LT Finance Leases
9
9
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
371
371
371
Market Capitalization
1,003
1,528
1,546

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
178
164
151
Cash, Cash Equivalents & STI
96
69
42
Accounts Receivable, Net
47
85
101
Inventories
11
10
9
Total Current Liabilities
193
188
173
Payables & Accruals
- -
- -
- -
ST Debt
25
24
25
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-86.14%
-115.15%
-211.76%
Free Cash Flow
7.86%
14.97%
-83.03%
Net Income, GAAP
0.1%
-25.98%
-109.47%
Sales/Revenue/Turnover
13.47%
9.95%
13.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
45
46
46
61
195
2025
54
56
51
63
221
2026
73
92
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
-0.04
-0.02
-0.07
-0.22
2025
0.01
-0.05
- -
0.05
0.02
2026
- -
0.03
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

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

Company Description

CEO
John Vestberg
Full Time Employees
112
Sector
Electronic technology
Industry
Computer peripherals
Address
SjOegatan 6 J Örnsköldsvik VN Sweden 891 60
IPO Date
May 21, 2014
Business
Clavister Holding AB (publ.) develops, produces and sells cybersecurity solutions for mission-critical applications; its core offerings include next-generation firewalls such as NetWall for general networks and NetShield for high-performance mobile and 5G networks, identity and access management solutions comprising authentication services, identity provisioning and single sign-on via Clavister OneConnect and OneTouch, cross-domain security for secure data transfer between classified networks, the proprietary cOS operating system across hardware series like Eagle, Lynx, Wolf and PolarBear appliances as well as virtual series for cloud environments, centralized management through Clavister InControl and InCenter, and cloud services including Clavister Cloud Services and NetEye Cloud; the company also provides professional services encompassing installation, configuration, optimization, helpdesk support, training and health checks. Founded in 1997 and headquartered in Örnsköldsvik, Sweden, Clavister operates primarily in Europe with customers spanning communication service providers, governments, enterprises, managed security service providers and defense sectors across more than 150 countries; it lists on Nasdaq First North since 2014 and maintains an installed base serving industries like energy utilities, transportation, public administration, healthcare, telecom operators, critical infrastructure and public safety. Recent developments include a July 2025 partnership with Saab to enhance cross-domain solutions with Clavister firewalls for NATO-classified environments, expansion of distribution through Arrow Electronics across 11 European markets, unification with PhenixID under the Clavister brand, achievement of ISO 27001 certification, secured contracts with BAE Systems for CV90 vehicles worth over SEK 290 million since late 2023 and a directed share issue of SEK 16.7 million in November 2025.