1. Sweden Stocks

  2. •

    Non-energy minerals

  3. •

    Other metals/Minerals
Grangex AB

Grangex AB

SSTO:GRANGX
21.65
SEK
+0.55
(+2.61%)
-17.89EPS
681.55MMarket 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
38,319.53
1,404.72
1,024.56
916.21
468.48
139.72
109.14
3.39
2.12
2.43
3.66
1.37
1.59
1.43
Basic EPS, GAAP
-14,869.58
-926.86
-13.55
-192.52
-304.99
-38.52
-35.94
-1.36
-1.31
-1.36
-2.88
-13.34
-5.9
-18.48
Free Cash Flow per Basic Share
-5,863.58
-20.93
-284.79
-215.7
-180.12
4.02
-1.55
-0.44
-4.74
-5.01
-8.19
-14.17
-10.95
-10.97
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-7,319.36
-271.34
-86.1
-40.84
-65.18
-103.7
-56.1
21.29
12.86
13.69
10.81
-0.28
-5.28
-16.81
Tangible Book Value per Share
-10,147.11
-350.8
-143.96
-50.93
-68.09
-105.54
-56.61
12.02
6.22
4.06
-3.28
-24.58
-37.52
-53.83
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
5
7
10
10
13
14
14
Sales/Revenue/Turnover
32
28
23
94
48
36
38
16
16
23
35
18
22
20
Operating Margin (%)
-44.21
-45.59
4.14
-17.99
-23.87
-21.5
-22.14
6.03
-69
-54.34
-58.17
-446.51
-222.17
-400.31
Depreciation Expense
8
4
3
3
9
3
2
1
1
1
1
18
- -
- -
Net Income, GAAP
-12
-18
- -
-20
-31
-10
-12
-7
-10
-13
-28
-170
-83
-260
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-38.8
-65.98
-1.32
-21.01
-65.1
-27.57
-32.93
-40.26
-61.81
-56.02
-78.7
-970.41
-370.9
-1,288.52
Working Capital
-23
-20
-9
-10
-5
-14
-12
25
23
6
11
-233
-875
-1,112
LT Debt
7
6
8
17
19
18
13
9
4
1
110
636
134
88
Total Equity
-6
-5
-2
-4
-17
-27
-22
87
110
132
105
-4
-74
-238
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
-9.85
-10.71
-23.49
- -
- -
- -

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
3
LT Borrowings
51
- -
- -
LT Finance Leases
83
89
88
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
691
936
682

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
27
37
66
Cash, Cash Equivalents & STI
18
21
53
Accounts Receivable, Net
3
3
4
Inventories
1
2
2
Total Current Liabilities
902
986
1,178
Payables & Accruals
- -
- -
- -
ST Debt
2
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
168.35%
341.22%
1,783.64%
Free Cash Flow
201.7%
349.62%
-14.94%
Net Income, GAAP
695.55%
130.86%
-51.28%
Sales/Revenue/Turnover
25.22%
14.6%
27.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
5
3
3
18
2025
7
7
4
5
22
2026
5
7
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.56
-2.3
-2.94
-5.69
-13.34
2025
0.73
0.92
-2.74
-4.75
-5.9
2026
-3.74
-7.24
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Karl Christer Lindqvist
Full Time Employees
44
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Sandhamnsgatan 48A Stockholm AB Sweden 111 24
IPO Date
Mar 17, 2008
Website
grangex.se
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Business
Grangex AB (publ) (GRANGX.ST) is a Sweden-based mineral development company that identifies, acquires, evaluates, and develops mineral projects primarily in Scandinavia for responsible extraction and recycling to support Europe's green steel transition and critical raw materials supply. The company focuses on high-grade iron ore, phosphate-bearing apatite containing rare earth elements, and lead products; its core projects include the Sydvaranger iron ore mine in Kirkenes, Norway, producing direct reduction-grade magnetite pellet feed; the Dannemora iron ore mine in Östhammar, Sweden, targeting carbon dioxide-free production; the Grängesberg apatite project in Sweden, processing mine tailings for EU-critical phosphate minerals; and Sala Bly in Sala, Sweden, specializing in custom recycled lead products for defense and medical technology applications. Operations target industrial customers in the European steel sector and beyond, with exploration and development activities centered in Sweden and Norway. Founded in 2006 and headquartered at Sandhamnsgatan 48A in Stockholm, Sweden, Grangex employs approximately 41 people and operates without noted subsidiaries or parent entities. In recent developments, Grangex completed the acquisition of Sydvaranger Mining AS from Orion Resource Partners in May 2024, positioning it as a leading developer of direct reduction iron ore projects in Europe; secured multiple royalty financings from Anglo American totaling US$27 million since the acquisition, including an additional US$9.5 million in June 2025 for a 2% lifetime revenue royalty to fund feasibility studies and project financing with zero shareholder dilution; and published a Preliminary Economic Assessment in late 2024 confirming reduced capital expenditures for Sydvaranger's planned restart in 2027, alongside an ongoing Definitive Feasibility Study expected in Q3 2025. The company, formerly known as Grängesberg Exploration Holding AB, shifted strategically toward high-grade DR-pellet feed production and fossil-free operations.