1. Sweden Stocks

  2. •

    Technology services

  3. •

    Packaged software
Hacksaw AB

Hacksaw AB

55.00
SEK
-0.80
(-1.43%)
6.85EPS
11.38P/E
22.56BMarket Cap
Nov 03Next Earn
Hacksaw AB
STO:HACK
(Nasdaq Stockholm)

Recent

price

55.00

P/E

ratio

11.38

div

yld

8.38%

ROIC.AI

2022
2023
2024
2025
TTM
EUR
0.11
0.23
0.47
0.73
0.81
Revenue per Share
0.05
0.17
0.32
0.5
0.62
Basic EPS, GAAP
0.08
0.17
0.33
0.54
0.59
Free Cash Flow per Basic Share
0.04
0.07
0.16
0.39
0.42
Dividend per Share
0.04
0.17
0.33
0.53
0.45
Book Value per Share
0.03
0.16
0.31
0.5
0.4
Tangible Book Value per Share
289
289
289
269
278
Basic Weighted Avg Shares
32
67
137
197
224
Sales/Revenue/Turnover
79.83
82.95
84.13
79.76
80.77
Operating Margin (%)
1
2
3
5
5
Depreciation Expense
14
50
92
134
172
Net Income, GAAP
33.97
- -
5.29
6.25
5.54
Effective Tax Rate (%)
44.61
74.48
67.51
67.71
76.85
Profit Margin (%)
10
48
107
142
112
Working Capital
- -
1
2
1
1
LT Debt
13
52
115
154
129
Total Equity
- -
- -
118.13
99.27
147.9
Return on Invested Capital (%)
- -
- -
87.53
90.88
166.37
Return on Capital (%)
- -
157.87
125.83
106.89
170.5
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
289
289
289
Market Capitalization
1,699
1,574
2,037

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
166
212
138
Cash, Cash Equivalents & STI
133
176
99
Accounts Receivable, Net
10
12
13
Inventories
- -
- -
- -
Total Current Liabilities
24
26
26
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
33.62%
Free Cash Flow
- -
- -
49.94%
Net Income, GAAP
- -
- -
44.84%
Sales/Revenue/Turnover
- -
- -
44.42%
Total Cash Common Dividend
- -
- -
131.58%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26
30
37
43
137
2025
45
45
52
55
197
2026
58
59
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.09
0.1
0.32
2025
0.09
0.11
0.13
0.17
0.5
2026
0.16
0.16
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.16
- -
- -
0.16
2025
0.37
- -
- -
- -
0.39
2026
- -
0.4
- -
- -
- -
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Business
Hacksaw AB (publ) operates as a B2B technology platform and game development company focused on iGaming solutions, including the development, production, and licensing of fully integrated digital slots, scratch cards, and instant-win games for online gaming operators, alongside remote gaming server (RGS) offerings. Headquartered in Stockholm, Sweden, HackSaw AB was founded in 2017 and serves private and state-owned iGaming operators across Europe, with ongoing product innovation and monetisation strategies aimed at expanding market share in the digital gaming space. The company’s operations cover the design, development, and commercialization of casino-style game content, platform services, and related turnkey solutions, supported by ongoing partnerships and collaborations within the gaming technology ecosystem. Key product categories include game content (slots, scratch cards, instant-win games), platform and integration services, backend runtimes and RGS capabilities, and licensing arrangements for deployment on operator sites, with a business model oriented toward B2B sales, licensing, and revenue-sharing arrangements. Hacksaw maintains a multinational footprint with a strategic emphasis on expanding its portfolio through new game titles, platform enhancements, and enhanced monetisation features, while strengthening relationships with current operators and pursuing selective partnerships to accelerate growth. The company emphasizes scalable game development, cross-border distribution, and adaptable deployment to diverse regulatory regimes, supported by a governance structure and management team led by experienced executives in the gaming technology sector.