Loyal Solutions A/S

Loyal Solutions A/S

SSTO:LOYAL
9.12
SEK
-0.86
(-8.62%)
63.68MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
1.25
1.29
1.54
1.92
2.83
4.22
4.13
6.02
- -
Basic EPS, GAAP
-0.58
0.04
-0.12
-1.03
-1.95
-1.82
-0.91
-1.06
0.19
- -
Free Cash Flow per Basic Share
- -
-0.7
-0.08
-0.98
-1.86
-0.88
-0.47
-0.43
0.43
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.23
0.27
0.15
2.68
0.81
-1.02
-1.93
-3
-2.84
-2.84
Tangible Book Value per Share
-0.39
-0.6
-0.82
1.92
0.32
-1.39
-2.34
-3.47
-3.29
-3.29
Basic Weighted Avg Shares
9
9
9
9
9
9
9
10
9
9
Sales/Revenue/Turnover
- -
12
12
15
18
27
40
39
57
- -
Operating Margin (%)
- -
2.98
-7.77
-67.64
-96.27
-60.51
-16.12
-18.92
7.61
- -
Depreciation Expense
- -
2
3
4
3
2
1
1
1
- -
Net Income, GAAP
-6
- -
-1
-10
-18
-17
-9
-10
2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
2.98
-9.36
-67.03
-101.41
-64.43
-21.66
-25.65
3.12
- -
Working Capital
6
5
3
26
9
2
-6
-8
-6
-6
LT Debt
4
6
6
8
7
16
16
25
25
25
Total Equity
2
3
1
25
8
-10
-18
-28
-27
-27
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
14.77
-57.01
-72.75
-111.66
- -
- -
- -
- -
- -

Capital Structure

DKK

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
2
3
2
LT Borrowings
25
25
25
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
23
21
43

Working Capital

DKK

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
13
20
21
Cash, Cash Equivalents & STI
4
7
6
Accounts Receivable, Net
7
11
12
Inventories
- -
- -
- -
Total Current Liabilities
21
27
27
Payables & Accruals
- -
- -
- -
ST Debt
2
3
2
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-31.39%
-5.22%
Free Cash Flow
- -
-43.04%
-197.91%
Net Income, GAAP
- -
-13.75%
-117.7%
Sales/Revenue/Turnover
- -
33.03%
45.52%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
40
2025
- -
- -
39
2026
- -
- -
57

Semi-annual Earnings Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.91
2025
- -
- -
-1.06
2026
- -
- -
0.19

Semi-annual Dividends Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Peter Kisbye
Full Time Employees
18
Sector
Technology services
Industry
Information technology services
Address
Edvard Thomsens Vej 10 Copenhagen CR Denmark 2300
IPO Date
Jun 3, 2021
Business
Loyal Solutions A/S develops, implements, and operates SaaS loyalty solutions based on payment and card-linked technology worldwide. The company offers its flagship LoyalTfacts platform, a comprehensive end-to-end SaaS solution that enables customer engagement programs through transactional data, data analytics, and personalized rewards; it serves industries including airlines, financial services, malls, hospitality, telecom, security, technology, and media, with notable clients such as SAS EuroBonus, Etihad Airways, Accor Hotels, Jyske Bank, Qatar Airways, Cathay Pacific, and Forbrugsforeningen. Loyal Solutions provides bespoke loyalty schemes, mobile banking enhancements for banks, online shopping concepts for malls, direct booking solutions for hospitality to reduce OTA dependency, customer retention tools for telecoms, and reader monetization programs for media. Founded in 2005 and headquartered in Copenhagen, Denmark, at Edvard Thomsens Vej 10, the company maintains offices in Johannesburg, South Africa, and Dubai, United Arab Emirates, supporting global operations across Europe, Asia-Pacific, Middle East, and other regions. Loyal Solutions targets large global brands seeking to improve customer retention, generate additional revenue from infrequent users, and leverage AI-driven insights for scalable loyalty programs. In recent developments, Loyal Solutions launched its new digital platform for Forbrugsforeningen af 1886, Denmark's longest-running loyalty program, on October 1, 2025, marking a strategic partnership to modernize its 139-year legacy with card-linked technology. The company extended its partnership with Bright Insights Consulting in the UAE to strengthen its Asia-Pacific presence and signed a collaboration with Forbrugsforeningen earlier in 2025; it also initiated a strategic review of its capital structure in September 2025 to balance financial robustness, growth, and efficiency, while delivering platform upgrades like Eftpos integration in Australia and enhancements to Midas and TIMM modules. Additionally, Loyal Solutions reported 32% annual recurring revenue growth in the first half of fiscal 2025 and expanded airline partnerships to include 40% of the world's top-10 carriers.