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Micro Systemation AB Class B

Micro Systemation AB Class B

9.56
EUR
-0.10
(-1.04%)
0.10EPS
64.38P/E
118.20MMarket Cap
Oct 23Next Earn
Micro Systemation AB Class B
MUN:W98
(Munich Stock Exchange)

Recent

price

9.56

P/E

ratio

64.38

div

yld

2.35%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SEK
7
7.34
7.71
7.76
10.15
12.65
13.19
16.42
16.49
16.66
16.79
18.03
19.65
22.58
21.91
25
24.01
Revenue per Share
1.23
1.16
0.81
0.39
0.58
2.52
2.46
2.88
1.51
0.28
0.88
1.89
0.93
1.62
2.02
2.66
1.1
Basic EPS, GAAP
1.55
1.21
0.4
0.98
0.8
3.08
2.8
2.56
0.28
0.88
2.78
0.54
2.7
4.03
2.18
3.91
4.49
Free Cash Flow per Basic Share
1
0.8
1
0.6
0.1
1
2.2
2.2
2.19
2.2
- -
2
- -
1.5
1.5
1.5
2.49
Dividend per Share
2.61
2.89
2.68
2.46
3.52
5.06
5.66
6.56
5.96
4.12
4.78
4.92
6.28
6.28
7.06
8.13
7.72
Book Value per Share
2.5
2.77
2.59
2.39
3.49
5.03
5.63
6.55
5.95
4.12
4.78
4.92
6.28
6.28
6.94
6.55
6.29
Tangible Book Value per Share
18
18
18
18
18
18
18
18
18
18
18
18
18
18
18
18
19
Basic Weighted Avg Shares
124
130
137
138
181
227
242
302
304
308
310
333
363
417
405
462
445
Sales/Revenue/Turnover
24.23
23.1
13.28
5.75
7.8
24.88
24.1
22.79
10.74
2.06
9.23
13.31
5.18
9.8
11.45
14.69
6.41
Operating Margin (%)
1
1
1
1
2
2
2
1
1
12
12
12
13
15
15
18
20
Depreciation Expense
22
20
14
7
10
45
45
53
28
5
16
35
17
30
37
49
20
Net Income, GAAP
25.31
31.46
21.52
26.66
29.51
23.06
25.32
24.04
21.07
31.73
27.12
21.24
20.15
22.39
21.5
21.5
21.92
Effective Tax Rate (%)
17.5
15.75
10.52
4.98
5.74
19.89
18.67
17.53
9.13
1.66
5.24
10.46
4.72
7.19
9.24
10.65
4.59
Profit Margin (%)
45
53
49
45
59
87
102
108
108
61
73
78
97
99
115
116
90
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
18
7
1
42
32
34
15
64
LT Debt
49
57
53
48
63
91
104
115
110
76
88
91
116
116
130
150
143
Total Equity
45.81
38.59
24.16
10.19
16.52
54.12
41.54
43.77
22.13
3.98
19.4
31.89
10.43
18.71
21.5
30.89
11.44
Return on Invested Capital (%)
45.37
38.84
26.29
13.57
18.65
58.6
46.34
48.37
24.71
5.17
15.68
33.66
12.59
18.98
23.13
29.68
13.24
Return on Capital (%)
45.37
38.82
26.27
13.57
18.63
58.58
46.33
48.3
24.7
5.47
19.79
38.89
16.56
25.86
30.36
35.04
15.29
Return on Common Equity (%)

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
9
9
LT Borrowings
- -
- -
- -
LT Finance Leases
15
67
64
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
1,113
1,135
1,309

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
269
254
238
Cash, Cash Equivalents & STI
160
146
145
Accounts Receivable, Net
92
90
75
Inventories
4
4
4
Total Current Liabilities
153
159
147
Payables & Accruals
- -
- -
- -
ST Debt
1
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.41%
11.64%
15.16%
Free Cash Flow
72.1%
79.74%
79.49%
Net Income, GAAP
30.18%
38.92%
31.51%
Sales/Revenue/Turnover
7.65%
8.49%
14.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
93
79
115
118
405
2025
94
81
- -
141
462
2026
101
123
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.41
-0.15
1.27
1.32
2.02
2025
-0.15
-0.78
- -
1.69
2.66
2026
-0.31
0.51
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1
- -
0.5
1.5
2025
- -
1
- -
0.5
1.5
2026
- -
1
- -
- -
- -
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Business
Micro Systemation AB (publ) (MSAB) develops, produces, markets, and sells forensic technology for mobile device examination and analysis. The company offers XRY extraction software, including XRY Complete, XRY Logical, XRY Physical, XRY Field, XRY Pro for secure devices, XRY Cloud, XRY PinPoint for non-standard devices, XRY Camera, XRY Photon, and XRY RAMalyzer; XAMN analysis tools, such as XAMN Viewer, XAMN Pro, and XAMN Horizon with AI capabilities; XEC management solutions, including XEC Director and XEC Export; UNIFY for real-time collaboration; and platforms like MSAB Office for Windows computers and MSAB Kiosk for turnkey extractions, supplemented by implementation, training, professional services, and support. Products serve law enforcement, military, intelligence, border control, corrections, government agencies, and eDiscovery sectors in over 100 countries. Founded in 1984 and headquartered in Stockholm, Sweden, MSAB operates offices in the USA, UK, Canada, Europe, Asia, and Australia, with subsidiaries including Micro Systemation Ltd, MSAB Incorporated, and Micro Systemation HK Ltd. Recent developments include the 2024 launch of MSAB UNIFY for centralized investigative data and collaboration, XRY Pro RAMalyzer for advanced extraction, and fourth major XRY release enhancing Android app extraction and full file system support; Peter Gille's appointment as permanent CEO in June 2024 with Jesper Kärrbrink as Chairman; significant contracts such as SEK 8.6 million and SEK 11.2 million deals with UK law enforcement in 2025, and a major North American order; plus the May 2025 Annual General Meeting approval of LTIP 2025 incentive program for key personnel involving up to 248,000 series B shares.