Doxa AB

Doxa AB

SSTO:DOXA
0.39
SEK
-0.02
(-3.82%)
-0.13EPS
536.32MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.28
0.04
0.23
0.25
0.25
0.31
0.18
0.13
0.08
0.01
0.02
0.02
0.02
0.01
Basic EPS, GAAP
-0.88
-0.09
-0.24
-0.15
-0.16
0.07
-0.1
-0.19
0.53
-0.11
0.6
-1.89
-0.26
-0.15
Free Cash Flow per Basic Share
-0.92
-0.09
-0.26
-0.17
-0.14
0.09
-0.09
-0.21
-0.13
-0.11
-0.08
-0.07
0.21
-0.15
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.21
0.71
0.16
- -
0.11
0.18
0.08
0.08
3.25
4.77
4.48
1.8
1.53
1.49
Tangible Book Value per Share
0.12
0.66
0.14
-0.04
0.08
0.16
0.06
0.05
3.25
4.77
4.48
1.65
1.4
1.36
Basic Weighted Avg Shares
22
205
66
72
64
109
109
71
143
353
487
910
1,286
1,286
Sales/Revenue/Turnover
6
9
15
18
16
34
19
9
11
5
10
16
20
8
Operating Margin (%)
-317.11
-200.73
-104.92
-57.5
-58.11
24.77
-57.75
-145.05
-311.01
-684.62
-330.3
-3,487.74
-306.9
-1,178.05
Depreciation Expense
1
1
- -
1
1
1
1
- -
1
- -
- -
- -
7
- -
Net Income, GAAP
-19
-18
-16
-11
-11
8
-11
-14
76
-40
292
-1,723
-335
-198
Effective Tax Rate (%)
- -
- -
- -
- -
- -
0.12
- -
- -
0.13
- -
- -
- -
- -
- -
Profit Margin (%)
-316.45
-205.47
-106.12
-61.23
-64.67
23.75
-58.49
-150.55
699.08
-767.31
2,948.48
-11,118.06
-1,652.22
-2,417.07
Working Capital
2
19
9
4
13
20
8
5
12
63
152
1,965
2,018
1,616
LT Debt
- -
- -
- -
- -
5
3
- -
- -
- -
4
206
674
997
704
Total Equity
5
21
11
- -
12
20
9
9
870
1,769
3,223
2,309
1,972
1,956
Return on Invested Capital (%)
- -
- -
- -
- -
- -
37.97
- -
- -
17.38
- -
10.26
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
38.59
- -
- -
17.36
- -
11.19
- -
- -
- -
Return on Common Equity (%)
-225.84
-141.89
-97.46
-185.11
-173.17
50.11
-77.43
-148.91
17.33
-3.02
11.69
-62.3
-15.67
-9.66

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
556
736
742
LT Borrowings
997
679
704
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,286
1,286
1,313
Market Capitalization
566
510
536

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,782
2,785
2,769
Cash, Cash Equivalents & STI
52
58
20
Accounts Receivable, Net
4
9
10
Inventories
2,549
2,544
2,558
Total Current Liabilities
764
1,122
1,153
Payables & Accruals
- -
- -
- -
ST Debt
556
736
742
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1,292.6%
1,859.16%
-14.63%
Free Cash Flow
-73.32%
-63.17%
-518.4%
Net Income, GAAP
-284.03%
-482.21%
-80.54%
Sales/Revenue/Turnover
16.64%
29.08%
30.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
16
2025
1
1
1
5
20
2026
1
2
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.44
0.01
-0.36
-0.77
-1.89
2025
-0.02
-0.1
-0.06
-0.08
-0.26
2026
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Christian Lindgren
Full Time Employees
26
Sector
Health technology
Industry
Medical specialties
Address
Hyllie Stationstorg 2 Malmö SN Sweden 215 32
IPO Date
Apr 7, 2014
Website
doxa.se
Business
Doxa AB (publ) (DOXA.ST) operates as a Swedish real estate investment company that acquires, develops, manages and strategically sells properties and development projects, with a focus on creating value through flexible investments in situations involving over-leveraging, refinancing needs or fund liquidations; its portfolio encompasses offices, sports and event spaces including Malmö Arena, hotels, restaurants and conference facilities, commercial premises, warehouses and light industrial properties, community buildings, apartments, residences, logistics facilities and project development rights. The company provides comprehensive services in contracting, project development and property management through subsidiaries and related entities, primarily targeting the Swedish market with operations centered in Malmö, Gothenburg and surrounding regions such as Skåne County and Halmstad; founded in 1987, Doxa AB (publ) maintains its headquarters at Hyllie Stationstorg 2 in Malmö, Sweden. Its business segments include Doxa Karlastaden, overseeing the major Karlatornet skyscraper urban development project in Gothenburg, and Doxa Projektutveckling, which develops land and projects for resale to generate returns. In late December 2024, Fastighets AB Balder acquired Doxa's Fastigheter business area, comprising twelve investment properties mainly around Malmö Arena in Hyllie and Landskrona valued at approximately SEK 4.0 billion (EUR 0.35 billion), alongside apartments primarily in Karlatornet, resulting in debt reduction of about EUR 0.31 billion and liquidity improvement of EUR 26 million with no earnings impact; concurrently, former Serneke CEO Ola Serneke purchased non-strategic project assets for EUR 17.5 million mostly via promissory note. During Q2 2025, Doxa sold Fastighetsstaden i Halmstad AB at book value (SEK 426.7 million), reducing debt by SEK 371.6 million and boosting cash by SEK 55.1 million, while completing settlements for remaining housing cooperatives as part of ongoing restructuring to shrink operations, cut expenses and divest non-core assets amid a balance sheet contraction from SEK 8,195.5 million at end-2024 to SEK 4,512.8 million. These moves enable sharpened focus on high-value project portfolios in 2025 under CEO Christian Lindgren, who assumed the role in October 2024.