Free2move Holding AB
NNGM:F2M0.02
SEK
0.00
(0.00%)
ISIN
SE0011414283
Return %
Stock
S&P 500
1Y
-32.14
14.20
3Y
-77.65
81.12
5Y
-96.77
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Leif Syrstad
- Full Time Employees
- 29
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- Stockholm Sweden
- IPO Date
- Mar 12, 2007
- Website
- free2move.se
- Similar Companies
- Business
- Free2move Holding AB is a Sweden-based technology and renewable energy company specializing in Internet of Things (IoT) solutions, PropTech software, and clean-tech installations for commercial, residential, and industrial real estate. Founded in 2000 and headquartered in Stockholm, Sweden, the company is publicly traded on the Nordic Growth Market (NGM: F2M) and conducts operations through core subsidiaries including Free2move AB, Solortus AB, Sydvent AB, and Sensmaster Sdn. Bhd. The group provides integrated energy optimization, property diagnostics, and climate control solutions organized across several main product and service categories: the proprietary 2Connect platform, a software-as-a-service (SaaS) and cloud-based IoT data platform enabling real-time remote monitoring, predictive diagnostics, automated facility control, and energy consumption analytics; renewable energy solutions delivered via Solortus, encompassing turnkey photovoltaic (PV) solar panel installations, battery energy storage systems (BESS), and electric vehicle (EV) charging infrastructure; ventilation and climate engineering provided through Sydvent, covering commercial HVAC installations, system maintenance, airflow optimization, and statutory mandatory ventilation inspections (OVK); and IoT hardware engineering executed by Sensmaster, including sensor integration, wireless communication modules, and embedded firmware development. Free2move Holding AB primarily serves property managers, commercial building owners, housing associations, and agricultural clients across Sweden, supported by IoT research and development facilities in Malaysia. In recent corporate developments, Free2move Holding AB has executed a strategic reorganization to transition from standalone installation services toward an integrated, high-margin PropTech model that links solar generation and HVAC hardware directly to the 2Connect SaaS platform for turnkey building decarbonization. To support this strategic focus and reinforce its capital structure, the company executed a rights issue (företrädesemission) to strengthen working capital and fund expansion across key Nordic accounts. Additionally, the company has implemented operational restructuring and cost-containment programs across its subsidiary network, focused on expanding multi-year recurring SaaS subscription agreements, adjusting supplier contracts, and clearing major project order backlogs.