Photocat A/S

Photocat A/S

PCAT.ST
Photocat A/SSE flagStockholm Stock Exchange
7.80
SEK
-0.10
- -
46.76MMarket Cap
Photocat A/S
PCAT.ST
(Stockholm Stock Exchange)

Recent

price

7.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.71
1.6
0.65
0.92
0.89
1.87
1.02
1.35
2.41
2.38
2.59
2.57
2.07
2.29
1.45
Revenue per Share
0.12
0.12
-0.24
-2.46
-1.67
-2.28
-1.14
-0.82
-0.35
-0.37
-0.51
-0.33
-0.43
0.14
-1.61
Basic EPS, GAAP
0.57
1.03
-0.27
-2.83
-1.53
-2.7
-0.95
-0.57
-0.69
-0.52
-1.36
-0.48
-0.1
-0.06
-1.08
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
1.04
4.87
1.42
3.1
1.05
1.83
1.64
0.88
1.19
0.76
0.56
0.69
1.5
Book Value per Share
0.01
-1.05
-0.81
0.74
-0.1
0.57
-0.37
0.77
0.8
0.24
-0.14
-0.72
-0.76
-1.3
-0.52
Tangible Book Value per Share
3
3
6
3
6
3
4
5
5
6
6
6
6
6
3
Basic Weighted Avg Shares
4
4
4
2
5
6
5
7
13
14
15
15
12
14
5
Sales/Revenue/Turnover
100
100
-42.85
-270.13
-188.55
-122.75
-112.11
-64.49
-16.81
-17.18
-20.79
-11.74
-18.63
8.06
-112.44
Operating Margin (%)
- -
- -
2
2
2
2
2
2
2
2
2
2
3
2
2
Depreciation Expense
- -
- -
-1
-6
-10
-7
-5
-4
-2
-2
-3
-2
-3
1
-5
Net Income, GAAP
24.15
25.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
7.1
7.34
-37.09
-266.85
-188.83
-121.56
-111.6
-61.12
-14.45
-15.52
-19.73
-12.77
-20.82
6.25
-111.51
Profit Margin (%)
4
1
-1
3
- -
1
- -
4
4
4
2
1
- -
-3
- -
Working Capital
- -
- -
1
2
1
- -
- -
- -
- -
2
2
- -
- -
- -
- -
LT Debt
7
8
6
12
9
11
8
13
13
11
14
12
11
11
8
Total Equity
- -
41.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-46.42
-67.89
-94.24
-77.57
-72.93
-59.31
-20.58
-31.41
-49.34
-33.64
-65.05
23.01
-72.8
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'18
Sep'18
Dec'18
ST Debt
1
1
1
LT Borrowings
1
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
4
Market Capitalization
21
23
17

Working Capital

FRC

in mil. unless spec.
Jun'18
Sep'18
Dec'18
Total Current Assets
5
5
4
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
3
3
2
Inventories
1
1
1
Total Current Liabilities
5
5
3
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.89%
-1.95%
8.11%
Free Cash Flow
-7.78%
-7.63%
-38.05%
Net Income, GAAP
-15.71%
-16.4%
-134.06%
Sales/Revenue/Turnover
25.63%
2.43%
13.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
15
2024
- -
- -
- -
- -
12
2025
- -
- -
- -
- -
14

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.33
2024
- -
- -
- -
- -
-0.43
2025
- -
- -
- -
- -
0.14

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Photocat A/S develops and produces photocatalytic fluids and coatings that degrade air pollutants such as nitrogen oxides (NOx) and volatile organic compounds (VOCs) when exposed to light; its core products include NOxOFF, a coating for concrete, bitumen roofing, and asphalt road surfaces; Actifloor, a photocatalytic treatment for indoor floors acting as a natural filter; Photocat Garden, a concrete impregnation for outdoor surfaces; CMA-based de-icing solutions; and products under the ShineOn brand for self-cleaning and air-purifying applications on building materials. The company serves manufacturers of bitumen, concrete, asphalt, and flooring; architects; municipalities; and urban infrastructure projects worldwide, with local representatives and partners in Europe (Denmark, Norway, Germany, Spain, Poland, Switzerland, France, Austria, Sweden), the Middle East (United Arab Emirates), North America, and Mexico. Founded in 2009 and headquartered in Roskilde, Denmark, Photocat operates in the green technology and chemicals sectors, focusing on sustainable solutions for urban air quality improvement. Recent developments include the acquisition of solid de-icing assets from Alumichem in November 2025 to strengthen its European market position; a license agreement with SIKA AG in December 2024 for photocatalytic technology; multiple procurement and distribution partnerships in 2024 such as five-year agreements with Nexler Poland and C Hasse und Sohn, a three-year license with Ponce SL, and CMA distribution with Nordagent OY; a commercial partnership with Katepal in January 2024; expanded ShineOn collaboration with Laboret in 2023; and a trading venue shift from Nasdaq First North to Spotlight Stock Market in July 2025.