QleanAir AB

QleanAir AB

SSTO:QAIR
18.25
SEK
-0.05
(-0.27%)
1.69EPS
12.01P/E
301.64MMarket Cap
Nov 19Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
21.46
22.63
30.15
30.75
33.18
30.32
30.63
33.89
30.31
30.6
30.26
Basic EPS, GAAP
0.21
-0.13
1.58
-0.51
4.51
3.99
0.89
2.92
-0.1
1.88
1.69
Free Cash Flow per Basic Share
2.62
1.9
4.01
2.91
3.08
5.1
0.1
2.62
1.07
4.1
3.08
Dividend per Share
- -
- -
- -
- -
- -
1.3
1.5
- -
0.6
- -
- -
Book Value per Share
3.2
2.98
4.31
6.58
10.56
13.06
12.38
14.49
13.58
14.45
14.93
Tangible Book Value per Share
-20.53
-20.75
-19.31
-16.95
-13.44
-10.85
-11.66
-9.53
-10.48
-9.74
-9.39
Basic Weighted Avg Shares
15
15
13
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
319
336
401
457
493
451
455
504
450
455
452
Operating Margin (%)
11.83
10.96
15.42
7.02
18.7
17.67
6.28
12.72
2.66
9.05
8.34
Depreciation Expense
7
9
11
48
29
29
31
33
33
31
29
Net Income, GAAP
3
-2
21
-8
67
59
13
43
-1
28
25
Effective Tax Rate (%)
82.84
113.85
47.58
185.11
21.74
21.56
36.04
22.14
- -
20.17
27.99
Profit Margin (%)
0.96
-0.58
5.24
-1.65
13.59
13.15
2.92
8.61
-0.32
6.13
5.59
Working Capital
-26
-26
-19
-62
-25
-20
-60
-51
-212
-119
-139
LT Debt
308
315
302
264
237
202
173
167
14
78
49
Total Equity
48
44
64
98
157
194
184
215
202
215
222
Return on Invested Capital (%)
- -
-1.27
7.85
-6.61
17.83
15.23
4.15
10.88
- -
7.78
6.77
Return on Capital (%)
- -
-1.25
7.94
-6.5
18.25
15.56
4.71
12.63
- -
8.81
8.32
Return on Common Equity (%)
- -
-4.23
38.83
-9.3
52.62
33.76
7.03
21.72
-0.69
13.39
11.77

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
98
105
118
LT Borrowings
68
59
49
LT Finance Leases
10
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
293
380
302

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
150
144
161
Cash, Cash Equivalents & STI
40
32
45
Accounts Receivable, Net
21
12
13
Inventories
32
29
33
Total Current Liabilities
269
271
300
Payables & Accruals
- -
- -
- -
ST Debt
98
105
118
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.13%
6.45%
Free Cash Flow
- -
558.82%
283.17%
Net Income, GAAP
- -
-402.48%
-2,046.27%
Sales/Revenue/Turnover
- -
-1.31%
0.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
119
115
113
104
450
2025
116
118
107
113
455
2026
114
118
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.53
-0.04
-0.28
-0.31
-0.1
2025
0.18
0.48
0.36
0.87
1.88
2026
0.24
0.23
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.57
- -
- -
0.6
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Carl Axel Sebastian Lindström
Full Time Employees
116
Sector
Industrial services
Industry
Engineering & construction
Address
Torggatan 13 Solna AB Sweden 171 23
IPO Date
Dec 12, 2019
Business
QleanAir AB (publ) (QAIR.ST) designs, manufactures, and markets advanced air purification and odor neutralization solutions for indoor and outdoor environments. The company offers proprietary products including the QleanAir FS-series mobile air cleaners for particulate and gas filtration; the OxyNova oxygen generators for medical and wellness applications; and the NeutralAir odor neutralizers utilizing catalytic oxidation technology. These solutions target commercial, industrial, healthcare, hospitality, and residential sectors, with operations spanning Europe, Asia, North America, and the Middle East. Founded in 2009 and headquartered in Gothenburg, Sweden, QleanAir focuses on sustainable air quality technologies certified under ISO standards. In recent developments, the company expanded its global footprint through strategic partnerships in Asia for odor control systems and launched enhanced FS-series models with improved energy efficiency in 2024; it also secured a significant funding round to support production scaling amid rising demand for clean air solutions post-pandemic.