Smart Eye AB (publ)

Smart Eye AB (publ)

SEYE.ST
Smart Eye AB (publ)SE flagStockholm Stock Exchange
83.20
SEK
-2.05
- -
3.22BMarket Cap
Smart Eye AB (publ)
SEYE.ST
(Stockholm Stock Exchange)

Recent

price

83.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.72
3.07
4.04
3.53
3.13
2.67
3.17
4.01
8.37
8.56
9.6
10.63
11.63
Revenue per Share
0.18
-0.32
-1.23
-3.42
-3.47
-5.69
-3.77
-4.85
-12.98
-2.14
-6.23
-4.55
-3.71
Basic EPS, GAAP
-0.21
-0.77
-3.92
-4.07
-4.34
-7.02
-5.06
-5.8
-10.51
-6.15
-5.97
-4.12
-3.71
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.48
-2.8
-6
-9.52
-11.7
0.08
0.08
0.08
0.08
0.1
0.1
0.1
0.1
Book Value per Share
-1.06
-2.09
6.65
0.72
5.52
7.58
10.85
2.67
-7.73
4.63
4.01
0.63
-1.16
Tangible Book Value per Share
12
12
10
12
16
19
21
27
26
35
37
38
38
Basic Weighted Avg Shares
33
38
41
43
51
50
65
110
220
302
355
404
440
Sales/Revenue/Turnover
9.51
-6.83
-27.39
-95.98
-110.28
-212.22
-118.52
-119.36
-156.25
-93.6
-70.5
-40.5
-26.83
Operating Margin (%)
5
6
7
11
14
19
22
59
149
155
168
168
125
Depreciation Expense
2
-4
-12
-42
-56
-106
-78
-133
-340
-76
-230
-173
-140
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.76
-10.28
-30.44
-96.98
-111.08
-213.51
-119.14
-121
-155
-24.99
-64.9
-42.8
-31.92
Profit Margin (%)
-3
-5
73
10
88
137
219
266
-73
71
24
177
147
Working Capital
- -
8
8
6
4
2
- -
3
2
2
12
298
366
LT Debt
17
13
115
73
169
252
353
1,450
1,303
1,559
1,593
1,295
1,365
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
-4,885.48
-6,844.4
-15,335.06
-2,631.24
-6,383.43
-4,609.98
-3,689.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
13
10
18
LT Borrowings
185
298
366
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
39
Market Capitalization
3,226
2,964
2,042

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
238
351
328
Cash, Cash Equivalents & STI
25
135
100
Accounts Receivable, Net
67
77
53
Inventories
30
27
28
Total Current Liabilities
154
174
180
Payables & Accruals
- -
- -
- -
ST Debt
13
10
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
127.92%
60.83%
-18.69%
Free Cash Flow
52.77%
15.53%
-29.2%
Net Income, GAAP
88.47%
65.94%
-25.02%
Sales/Revenue/Turnover
29.83%
47.5%
13.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
86
90
79
100
355
2025
90
92
99
122
404
2026
126
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.59
-1.46
-1.46
-1.78
-6.23
2025
-1.47
-1
-0.81
-1.31
-4.55
2026
-0.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Smart Eye AB (publ) develops and provides Human Insight AI technology solutions that understand, support, and predict human behavior in complex environments, including automotive driver monitoring systems and interior sensing; behavioral research instruments such as Smart Eye Pro, AI-X, XO, and Aurora eye trackers; fleet and aftermarket driver support systems via AIS; media analytics platforms with Affectiva Emotion AI for video content testing, qualitative emotion analysis, and software development kits; and iMotions biosensor software integrating eye tracking, facial expression analysis, EEG, EMG, ECG, and galvanic skin response for academic and commercial research in psychology, neuroscience, aviation, aerospace, media, marketing, and UX. The company operates globally with offices in Sweden, the US, UK, Germany, Denmark, Egypt, Singapore, China, and Japan, serving customers including NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Geely, Polestar, Harvard University, over 1,300 research organizations, 70% of the world's largest advertisers, and 28% of Fortune Global 500 companies. Founded in 1999 and headquartered in Gothenburg, Sweden, Smart Eye went public on Nasdaq First North in 2016 and acquired Affectiva and iMotions in 2021 to bolster its multimodal AI capabilities. Recent developments include an expanded SEK 150 million credit facility in October 2024; a licensing agreement in January 2025 with Fingerprint Cards AB for iris recognition technology, valued at up to SEK 50 million plus VAT, featuring an initial SEK 23 million fee payable in shares; two new Interior Sensing design wins in February 2025 with a Korean OEM, estimated at SEK 100 million over the product lifecycle; ongoing cost-saving restructurings targeting SEK 10 million quarterly reductions; and a change in Certified Adviser to Berg Securities in December 2024, amid pursuits of positive EBITDA in 2025.

Company News

APIChatGPT
  • Smart Eye Successfully Issues Senior Unsecured Bonds of SEK 300,000,000

  • Smart Eye Aktiebolag (publ) Contemplates Issuing Senior Unsecured Bonds

  • Smart Eye Announces Two New Driver Monitoring System Design Wins with European Truck Manufacturer