FINEPART SWEDEN AB

FINEPART SWEDEN AB

NNGM:FINE
33.30
SEK
-1.10
(-3.20%)
Nov 12Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Lars Darvall
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Bollebygd Sweden
IPO Date
Dec 9, 2016
Business
Finepart Sweden AB develops, manufactures, and markets high-precision micro abrasive waterjet machine tools and advanced machining solutions for high-tolerance industrial applications. Founded in 2012 and headquartered in Bollebygd, Sweden, the company specializes in non-thermal micro-cutting technology capable of processing advanced materials, including titanium, nitinol, ceramics, glass, carbon fiber, and specialty alloys, with positioning accuracy down to ±1.5 micrometers and kerf widths as narrow as 0.2 millimeters without inducing thermal damage or mechanical stress. The company operates across two primary business streams: Machine Systems and Machining Services & Aftermarket Support. Its core hardware portfolio comprises the Finecut series of CNC-controlled micro abrasive waterjet systems, including the Finecut WMC500II 3-axis system for high-precision flat 2D cutting; the Finecut WMC500II 4-axis system featuring integrated rotary workpiece positioning for multi-sided precision processing; the Finecut WMC500II 5-axis Type ABX system equipped with an articulating dual-axis cutting head designed for automatic taper compensation and multi-directional beveling; and the Finecut WMC500II 5-axis Type B4X system featuring a tiltable cutting nozzle and a detachable rotary indexing axis for complex 3D helical and multi-axis geometries. Finepart Sweden AB also provides proprietary CAD/CAM software alongside the Finesoft human-machine interface (HMI); turnkey contract micro-machining and prototype cutting services; theoretical and paid feasibility test-cutting programs; specialized abrasive consumables and replacement components; preventative maintenance and technical servicing agreements; and professional training programs delivered through the Finepart Academy. The company serves global customers across the medical technology, aerospace, defense, precision mechanics, electronics, and luxury goods industries, distributing its solutions directly and through an international partner network across Europe, North America, and Asia. In recent operational and corporate developments, Finepart Sweden AB entered into a commercial and technical partnership with deep-tech metallurgy specialist Vulkam to industrialize high-precision waterjet processing for amorphous metallic alloys; introduced upgraded standard positioning accuracy and repeatability specifications across its 3-axis Finecut machine portfolio; secured major commercial equipment and aftermarket orders in the United States, the United Kingdom, and continental Europe; executed a 1:500 reverse share split to optimize its capital structure on the Spotlight Stock Market; and completed targeted equity financing and warrant exercise rounds to support international market expansion and ongoing technology development.