Fram Skandinavien AB Class B

Fram Skandinavien AB Class B

SSTO:FRAM_B
2.78
SEK
+0.07
(+2.58%)
-2.01EPS
16.45MMarket Cap
Nov 12Next Earn
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
0.85
3.07
4.55
7.92
8.62
10.69
12.89
23.73
9.49
1.71
1.65
1.82
Basic EPS, GAAP
0.03
0.38
0.33
-2.6
-5.05
-5.51
-3.54
2.2
-7.67
-2.25
-0.71
-1.19
Free Cash Flow per Basic Share
0.07
0.15
0.04
-3.48
-4.8
-6.05
-4.24
-4.29
-3.62
-2.09
-0.82
-1.24
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.3
0.31
- -
- -
- -
Book Value per Share
0.14
0.52
7.78
12.63
16.92
10.58
10.67
12.95
5.24
1.27
0.01
-1.06
Tangible Book Value per Share
0.14
0.5
7.66
9.36
14.66
8.98
6.69
12.47
5.05
1.25
0.01
-1.06
Basic Weighted Avg Shares
3
3
3
2
3
3
4
4
4
4
4
4
Sales/Revenue/Turnover
2
8
12
17
29
37
47
86
34
6
6
7
Operating Margin (%)
3.8
12.72
7.39
-53.79
-87.01
-66.28
-26.91
-13.53
-47.35
-150.03
-58.21
-29.92
Depreciation Expense
- -
- -
- -
1
2
3
3
4
1
- -
- -
- -
Net Income, GAAP
- -
1
1
-6
-17
-19
-13
8
-28
-8
-3
-4
Effective Tax Rate (%)
31
1.53
- -
- -
- -
- -
- -
3.51
- -
- -
- -
- -
Profit Margin (%)
3.13
12.53
7.22
-32.82
-58.6
-51.55
-27.44
9.26
-80.82
-132.06
-43.03
-65.21
Working Capital
- -
- -
19
31
54
32
32
45
17
4
-2
-6
LT Debt
- -
- -
- -
- -
- -
- -
5
- -
- -
- -
- -
- -
Total Equity
- -
1
20
42
63
38
39
50
20
5
- -
-4
Return on Invested Capital (%)
- -
109.28
8.04
- -
- -
- -
- -
-22.89
- -
- -
- -
- -
Return on Capital (%)
- -
116.44
8.18
- -
- -
- -
- -
18.49
- -
- -
- -
- -
Return on Common Equity (%)
- -
116.78
7.9
-19.26
-33.59
-37.89
-33.29
18.6
-84.32
-69.25
-111.41
- -

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
19
18
16

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15
16
13
Cash, Cash Equivalents & STI
4
7
5
Accounts Receivable, Net
6
4
5
Inventories
- -
- -
- -
Total Current Liabilities
17
19
19
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
158.3%
-41.39%
-99.35%
Free Cash Flow
-671.81%
-28.63%
-60.72%
Net Income, GAAP
-0.67%
-156.47%
-68.44%
Sales/Revenue/Turnover
41.51%
-6.71%
-3.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
1
2
6
2025
1
1
2
2
6
2026
2
2
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.95
-0.35
-0.31
-0.56
-2.25
2025
-0.28
-0.26
-0.54
0.61
-0.71
2026
-0.28
-0.98
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

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

Company Description

CEO
Per Rundblom
Full Time Employees
21
Sector
Technology services
Industry
Packaged software
Address
Hälsningegatan 49, 4 tr Stockholm AB Sweden 113 31
IPO Date
Oct 12, 2017
Business
Fram Skandinavien AB (publ) (Ticker: FRAM-B.ST) is a Sweden-based investment company focused on technology ventures in Southeast Asia, particularly Vietnam, with a portfolio emphasizing digital consumer platforms, HR technology, and service marketplaces. The company operates through investments in private tech companies including an 80% stake in Carmudi, an online car marketplace offering trading and media/classifieds services; an 85% stake in EveHR, a SaaS platform for employee engagement and flexible benefits targeting enterprises and SMEs; and a 35% stake in Liven Technology, a leading digital marketplace for weddings and events; alongside cash management in precious metals and digital assets. Fram Skandinavien maintains operations via its wholly-owned subsidiary Fram Ltd in Vietnam, serving clients in Northern Europe and Southeast Asia through long-term partnerships in web and mobile development, big data, and artificial intelligence, while its primary focus centers on venture building and operational support for portfolio companies. Founded in 1893 and headquartered in Uppsala, Sweden, with key activities in Vietnam, the company listed its B shares on Nasdaq First North Stockholm in October 2017. Recent developments include increasing its EveHR stake from 83% to 85% in February 2025; Liven Technology securing an equity funding round led by VinVentures in June 2025; terminating a liquidity guarantee agreement in June 2025; and a leadership change at EveHR in October 2025 with Keshav Rustagi appointed as new CEO following James Bach's departure; alongside portfolio adjustments such as full provisioning for non-performing loans in Carmudi's lending business during Q3 2025 and ongoing wind-down of discontinued DragonLend operations targeting liquidation by end-2026. The main shareholder is Norsel Industries BV.