Interim Report 1 2025: Sales growth 188%
The conditional acquisition agreement for Safestate AB is expected to be completed on April 28. To provide an overview of the future group, a pro forma income statement and balance sheet have been prepared for the period January 1 - March 31, 2025, with comparisons to the same period for EyeonGroup in the previous year. All points below under the "Highlights" section are based on the pro forma figures, meaning EyeonGroup and Safestate combined. This report only communicates accrued revenue, which is a change from the quarterly reports for 2024 where both accrued and invoiced revenue were reported.
Highlights
- Sales amounted to KSEK 11,482 (KSEK 3,982)
- Sales growth reached 188% compared to Q1 2024.
- Positive EBITDA in Q1 excluding restructuring costs, amounting to approximately MSEK 4.7, corresponding to an EBITDA margin of about 41%. EyeonGroup's EBITDA margin was approximately 49% and Safestate's was 23%. After the acquisition, further synergies are expected to be realized in Safestate AB. The target is for the future group to achieve an EBITDA margin of 50%.
- Cash balance amounted to MSEK 7.1 at the end of Q1 2025. No invoice financing was utilized during the period.
- Annual Recurring Revenue (ARR) amounted to MSEK 44.3 at the end of Q1 2025 (MSEK 17.5).
Summary January - March 2025 (compared to the same period the previous year):
- Net sales: KSEK 7 835 (KSEK 3 982)
- EBITDA for the period: KSEK 2 488 (KSEK -64), adjusted for restructuring costs: KSEK 3 836 (KSEK 1 554)
- Result for the period: KSEK -1 386 (KSEK -1 737), the comparison period included a positive result from shares in group companies amounting to KSEK 2 154.
- Sales per share: SEK 0,28 (SEK 0,14)
- Earnings per share: SEK -0,05 (SEK -0,06)
- Equity per share: SEK 2,07 (SEK 2,26)
On March 11, 2025, EyeonGroup entered into a conditional agreement to acquire Safestate AB.
Since the acquisition is subject to the approval of an FDI (Foreign Direct Investment) application, the closing date had not occurred during the period covered by this report. For clarity, a pro forma income statement and balance sheet have been prepared for the period January - March 2025. These statements have been prepared as if Safestate AB had been a wholly owned subsidiary at the start of the 2025 financial year. The consolidation is simplified, as no purchase price allocation has been made due to the absence of a definitive acquisition date. The comparison periods reflect EyeonGroup's reported figures for the corresponding historical periods.
| Pro forma Income Statement | |||
| Pro forma EyeonGroup and Safestate | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Net Sales | |||
| Net sales | 11 482 | 3 982 | 25 198 |
| Total Net Sales | 11 482 | 3 982 | 25 198 |
| Other Operating Income | |||
| Capitalized work for own account | - | 604 | 612 |
| Other operating income | 90 | 389 | 1 552 |
| Total Other Operating Income | 90 | 993 | 2 164 |
| Total Revenues | 11 572 | 4 975 | 27 362 |
| Operating Costs | |||
| Raw materials and supplies | -2 065 | -591 | -2 494 |
| Other external costs | -2 232 | -1 645 | -10 594 |
| Personnel costs | -2 519 | -1 072 | -3 772 |
| Other operating costs | -72 | -113 | -30 |
| Restructuring costs | -1 966 | -1 618 | -6 628 |
| Total Operating Costs before Depreciation | -8 855 | -5 039 | -23 518 |
| Operating Profit before Depreciation (EBITDA) | 2 717 | -64 | 3 844 |
| (EBITDA excluding restructuring costs) | 4 683 | 1 554 | 10 472 |
| Depreciation and Group Share Results | |||
| Depreciation of tangible and intangible assets | -3 993 | -3 827 | -15 243 |
| Total Depreciation and Group Share Results | -3 993 | -3 827 | -15 243 |
| Operating Profit (EBIT) | -1 276 | -3 891 | -11 399 |
| (Operating Profit exclusive restructuring costs) | 689 | -2 273 | -4 771 |
| Pro forma Balance Sheet | |||
| Pro forma EyeonGroup and Safestate | |||
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| ASSETS | |||
| Intangible Fixed Assets | 65 394 | 59 421 | 59 623 |
| Tangible Fixed Assets | 326 | 473 | 328 |
| Financial fixed assets | 414 | - | - |
| Total Fixed Assets | 66 133 | 59 895 | 59 952 |
| Current Assets | |||
| Short-term Receivables | 10 864 | 4 171 | 8 621 |
| Cash and Cash Equivalents | 7 103 | 3 468 | 6 418 |
| Total Current Assets | 17 967 | 7 639 | 15 039 |
| TOTAL ASSETS | 84 100 | 67 534 | 74 991 |
| Equity | 60 037 | 64 076 | 60 266 |
| Total Equity | 60 037 | 64 076 | 60 266 |
| Short-term Liabilities | |||
| Short-term Liabilities* | 24 064* | 3 457 | 14 726 |
| Total Short-term Liabilities | 24 064 | 3 457 | 14 726 |
| Total Equity and Liabilities | 84 100 | 67 534 | 74 991 |
*The item includes prepaid income of KSEK 13,956.
Events During the Period
- EyeonGroup, together with the reseller Miss Group, has launched the first White Label B2B portal under the name Miss Group Safe.
- EyeonGroup has signed a Letter of Intent with a leading telecommunications operator in Europe.
- EyeonGroup has entered into a strategic partnership with Point Wild to expand its cybersecurity offering.
- EyeonGroup has signed a conditional agreement for the acquisition of Safestate AB.
- Talkmore, which is part of Telenor Norway, has launched EyeonGroup's identity protection service as a white label offering.
- EyeonGroup has signed a Letter of Intent with a leading international cybersecurity player.
- EyeonGroup has signed a strategic reseller agreement with a global telecommunications partner for a launch in the Polish market.
Events After the Period
- EyeonGroup launches advanced Defense Tech product for security providers.
CEO statement
Dear Shareholders,
As we conclude the first quarter of 2025, I am pleased to report that Eyeon Group AB continues to make significant strides toward our strategic objectives, reinforcing our position as a leader in the cybersecurity sector.
Strategic Acquisition of Safestate AB
A pivotal development this quarter was the signing of a conditional agreement to acquire Safestate AB, a leading Swedish SaaS company specializing in IT security. This acquisition aligns with our strategy to broaden our service offerings and penetrate new market segments. Safestate's expertise and innovative solutions will complement our existing portfolio, creating synergies that enhance our competitive edge.
Progress Toward SEK 100 Million Annual Recurring Revenue (ARR) Goal
Our unwavering commitment to growth has brought us closer to our ambitious target of achieving SEK 100 million in ARR including M&A by the end of 2025. As of March, our ARR reached SEK 32.3 million. With the recent acquisition of Safestate AB, this figure has increased to SEK 44.3 million, marking a substantial rise from SEK 17.5 million in March 2024. This trajectory underscores our robust business model and the increasing demand for our cybersecurity solutions.
Diversified Product Portfolio
In response to the evolving needs of our channel partners and end-users, we have expanded our product portfolio to include 11 distinct offerings. This diverse range empowers our channel customers to tailor and bundle solutions that best fit their markets, enhancing customer satisfaction and driving sales. Our comprehensive suite now encompasses services such as VPN, ID protection, and password management, providing a holistic approach to cybersecurity.
Strengthened Market Presence Through Key Partnerships
In Q1 2025, Eyeon Group took major steps forward in expanding our commercial reach through four significant partner engagements-each aligned with our long-term growth strategy:
- Talkmore Launch: We successfully launched our white-label cybersecurity service with Talkmore, a prominent Nordic telecom operator. This marks the first live deployment under our channel strategy in the region and provides a solid foundation for revenue growth and user acquisition.
- New Cybersecurity Supplier LOI: We signed a Letter of Intent with a new strategic supplier in the cybersecurity domain, further strengthening our product capabilities and ensuring a scalable foundation for future B2B and channel partnerships.
- New International Telecom LOI: We entered into a Letter of Intent with a major international telecom operator. This partnership, once formalized, will enable Eyeon Group to reach users in new global markets, aligning with our ambitions for international expansion.
- Locon Reseller Agreement Signed: We finalized a reseller agreement with Locon SP. Z o. o. Group in Poland, allowing us to distribute our services through one of the world's largest telecom operators, with an initial rollout in the Polish market. This is a key step in establishing Eyeon Group in Central Europe and beyond.
These partnerships not only expand our reach but also serve as validation of the strength, scalability, and relevance of our product suite in both local and international markets.
Operational Enhancements and Financial Discipline
Operational efficiency remains a cornerstone of our strategy. We have implemented cost-saving measures resulting in annual savings of approximately SEK 10 million. Additionally, we secured a SEK 10 million credit facility from our principal owners, bolstering our financial flexibility to support ongoing initiatives and future investments.
Outlook and Strategic Focus
Looking ahead, our priorities include:
- Achieving SEK 100 Million ARR: We remain steadfast in our pursuit of this milestone by year-end, leveraging our expanded product offerings and strategic partnerships to drive growth.
- Mergers and Acquisitions: In collaboration with Translink Corporate Finance, we are actively identifying acquisition targets within the cybersecurity domain. Our ambition is to complete 2-4 acquisitions in 2025, further accelerating our growth and enhancing our market position.
- Product Innovation: We continue to invest in research and development to introduce cutting-edge cybersecurity solutions, ensuring we meet the dynamic needs of our clients and stay ahead of emerging threats.
Conclusion
The first quarter of 2025 has been marked by strategic achievements and solid progress toward our goals. Our dedicated team, innovative product portfolio, and strategic partnerships position us well for continued success in the cybersecurity landscape. I extend my gratitude to our employees, partners, and you, our valued shareholders, for your unwavering support as we navigate this exciting journey.
Sincerely,
Fredrik Björklund
CEO, Eyeon Group AB (publ)
Description of the business
Eyeon Group AB (publ), founded in 2015, is one of Northern Europe's leading and fastest-growing providers of SaaS solutions in Cyber Security. We are your complete partner and One Stop Shop for digital security, offering a unique AppStore that brings together 11 powerful services under one roof. Our partners can seamlessly select the solutions that fit their business model and easily offer them to their end customers.
Eyeon Group delivers innovative business solutions in IT security, privacy protection, and advanced AI-powered data solutions. Our products are specifically designed for the B2B market, with a focus on demanding industries such as banking and finance, insurance, telecom, and hosting. We help businesses across Europe protect their digital assets and stay ahead of cyber threats-today and in the future.
Eyeon Group in short
Eyeon Group AB (publ) is the parent company of a group with the wholly-owned subsidiary EyeonID Intressenter AB. EyeonGroup's headquarters, including development, production, and administration, is located in Stockholm and a sales office in Dubai.
This report covers the entire group's and the parent company's operations during the period from January 1 2025 to March 31 2025.
Financial overview
In the following section, summarized financial information for EyeonGroup for the period January - March 2025 is presented, along with the comparison period for January - March 2024. During the period, EyeonGroup has entered into a conditional agreement for the acquisition of Safestate AB. Since the acquisition is subject to the approval of an FDI (Foreign Direct Investment) application, the closing date has not occurred during the period covered by this report. For clarity, a pro forma income statement has been prepared for the period January - March 2025. This has been prepared as if Safestate AB had been a wholly owned subsidiary at the beginning of the 2025 financial year.
Sales and results
January - March
The group's net sales for the period amounted to KSEK 7 835 (KSEK 3 982), with a net result of KSEK
-1 386 (KSEK -1 737).
Sales were distributed as follows:
B2B KSEK 2 824 (KSEK 5)
B2C White label KSEK 5 011 (KSEK 3 977)
Liquidity and financing
As of March 31 2025, EyeonGroup's bank balances amounted to KSEK 2 959 (KSEK 3 468). The group had interest-bearing liabilities of KSEK 1 191 (SEK 0).
Investments
January - December
Eyeonid's total new investments during the period amounted to KSEK 2 124 (KSEK 2 912) and concerned intangible fixed assets amounting to KSEK 2 124 (KSEK 2 912) such as capitalized development costs, and tangible fixed assets amounting to KSEK 0 (KSEK 0).
Depreciation
January - March
The period's result was charged with KSEK 3 834 (KSEK 3 827) in depreciation, of which KSEK 51 (KSEK 55) refers to depreciation on equipment, tools, and installations, KSEK 3 783 (KSEK 3 772) refers to depreciation of capitalized development costs, and goodwill depreciation of KSEK 0 (KSEK 0).
Equity
As of March 31, 2025, EyeonGroup's equity amounted to KSEK 58 880 (KSEK 64 076).
The share and share-related Instruments
As of March 31, 2025, the share capital of Eyeon Group AB was divided into 28 410 125 shares with a nominal value of SEK 0.2. All shares are of the same series and have the same right to vote and profit in the company. The shares in EyeonGroup have been traded on NGM Nordic SME under the ticker EOID since September 20, 2016. Since February 7, 2023, the shares in Eyeonid have been traded with ISIN code SE0019763988 after the share consolidation decided at the extraordinary general meeting on January 27, 2023. EyeonGroup does not have a liquidity guarantee agreement.
At the 2023 annual general meeting, it was decided to introduce the Employee Stock Option Program 2023/2026 and the Warrant Program 2023/2026. The programs are aimed at the company's employees and consultants. Each option under the respective program entitles the holder to subscribe for one share. The exercise period runs from September 1, 2026, to September 30, 2026. If all issued options are exercised to subscribe for shares, the number of shares will increase by 1,495,269 shares, corresponding to a dilution of approximately 5 percent of the total number of shares and votes in the company. Due to known personnel changes, the number of shares will increase by 897,159 shares upon full exercise of issued options, corresponding to a dilution of approximately 3% of the total number of shares and votes in the company.
Employees
As of March 31, 2025, EyeonGroup had approximately 15 staff members, of which 3 (3) were employees and the remainder were consultants. Including Safestate AB, the total staff amounts to approximately 20, of which 8 are employees.
Accounting principles
The report has been prepared in accordance with the Annual Accounts Act of Sweden and BFNAR 2012:1 Annual Report and Consolidated Financial Statements (K3). Applied principles are consistent with those described in the 2023 annual report.
Upcoming reporting dates
Eyeon Group AB provides regular financial information according to the following schedule:
| August 25 2025 | Interim report 2 2025 |
| November 3 2025 | Interim report 3 2025 |
| Februari 16 2026 | Year end report 2025 |
This report has not been subject to review by the company's auditor.
April 28, 2025
Eyeon Group AB (publ)
The Board of Directors
For further information, please contact:
Fredrik Björklund
CEO
+46 70-892 35 92
Carl-Magnus Jönsson
CFO
+46 73-545 53 50
This information is information that Eyeonid Group AB (publ) is obliged to disclose under the EU Market Abuse Regulation. The information was provided, through the contact of the above contact person, for publication on April 28, 2025, at 08.30 CEST.
| Income Statement | |||
| Group | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Net Sales | |||
| Net Sales | 7 835 | 3 982 | 25 198 |
| Total Net Sales | 7 835 | 3 982 | 25 198 |
| Other Operating Income | |||
| Capitalized work for own account | - | 604 | 612 |
| Other operating income | 75 | 389 | 1 552 |
| Total Other Operating Income | 75 | 993 | 2 164 |
| Total Revenues | 7 910 | 4 975 | 27 362 |
| Operating Costs | |||
| Raw materials and supplies | -686 | -591 | -2 494 |
| Other external costs | -1 949 | -1 645 | -10 594 |
| Personnel costs | -1 367 | -1 072 | -3 772 |
| Other operating costs | -72 | -113 | -30 |
| Restructuring costs | -1 348 | -1 618 | -6 628 |
| Total Operating Costs before Depreciation | -5 422 | -5 039 | -23 518 |
| Operating Profit before Depreciation (EBITDA) | 2 488 | -64 | 3 844 |
| ((EBITDA excluding restructuring costs) | 3 836 | 1 554 | 10 472 |
| Depreciation and Group Share Results | |||
| Depreciation of tangible and intangible assets | -3 834 | -3 827 | -15 243 |
| Result of sold shares in group companies | - | 2 154 | 6 089 |
| Total Depreciation and Group Share Results | -3 834 | -1 673 | -9 155 |
| Operating Profit (EBIT) | -1 347 | -1 737 | -5 311 |
| Results from Financial Items | |||
| Interest income and similar items | 0 | 0 | 77 |
| Interest expenses and similar items | -40 | 0 | -122 |
| Total Results from Financial Items | -40 | 0 | -44 |
| Profit After Financial Items | -1 386 | -1 737 | -5 355 |
| Tax on the period's result | - | 0 | -3 |
| RESULT FOR THE PERIOD | -1 386 | -1 737 | -5 358 |
| Balance Sheet | |||
| Group | |||
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| ASSETS | |||
| Intangible Fixed Assets | |||
| Capitalized expenditures for development work | 57 965 | 59 421 | 59 623 |
| Total Intangible Fixed Assets | 57 965 | 59 421 | 59 623 |
| Tangible Fixed Assets | |||
| Equipment, tools, and installations | 277 | 473 | 328 |
| Total Tangible Fixed Assets | 277 | 473 | 328 |
| Financial Fixed Assets | |||
| Other long-term receivables | 137 | - | - |
| Total Financial Fixed Assets | 137 | 0 | 0 |
| Total Fixed Assets | 58 378 | 59 895 | 59 952 |
| Current Assets | |||
| Short-term Receivables | |||
| Accounts receivables | 6 613 | 2 759 | 5 563 |
| Other receivables | 2 507 | 337 | 52 |
| Prepaid expenses and accrued income | 989 | 1 075 | 3 006 |
| Total Short-term Receivables | 10 110 | 4 171 | 8 621 |
| Cash and Cash Equivalents* | 2 959* | 3 468 | 6 418 |
| Total Current Assets | 13 068 | 7 639 | 15 039 |
| TOTAL ASSETS | 71 446 | 67 534 | 74 991 |
* No invoice financing was utilized during the period.
| Balance Sheet | |||
| Group | |||
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Equity and Liabilities | |||
| Equity | |||
| Equity | 58 880 | 64 076 | 60 266 |
| Total Equity | 58 880 | 64 076 | 60 266 |
| Long-term Liabilities | |||
| Other iabilities | - | - | - |
| Total Long-term Liabilities | 0 | 0 | 0 |
| Short-term Liabilities | |||
| Accounts Payable | 4 511 | 1 680 | 4 174 |
| Current Tax Liabilities | - | 137 | 0 |
| Other Liabilities | 1 365 | 348 | 2 424 |
| Accrued Expenses and Prepaid Income | 6 691 | 1 293 | 8 127 |
| Total Short-term Liabilities | 12 567 | 3 457 | 14 726 |
| TOTAL EQUITY AND LIABILITIES | 71 446 | 67 534 | 74 991 |
| Changes in Equity | |||||
| 2025-01-01 - 2025-03-31 Group (KSEK) | Share Capital | Reserves | Other Contributed Capital | Retained Earnings incl. periods Result | Total Equity |
| Amount at the beginning of the period | 5 682 | - | 269 785 | -215 201 | 60 266 |
| Period's result | -1 386 | -1 386 | |||
| 2025-03-31 | 5 682 | 0 | 269 785 | -216 587 | 58 880 |
| 2024-01-01 - 2024-03-31 Group (KSEK) | Share Capital | Reserves | Other Contributed Capital | Retained Earnings incl. periods Result | Total Equity |
| Amount at the beginning of the period | 33 524 | 169 | 269 793 | -237 685 | 65 801 |
| Period's currency difference | 12 | 12 | |||
| Period's result | -1 737 | -1 737 | |||
| 2024-03-31 | 33 524 | 181 | 269 793 | -239 422 | 64 076 |
| 2024-01-01 - 2024-12-31 Group (KSEK) | Share Capital | Reserves | Other Contributed Capital | Retained Earnings incl. periods Result | Total Equity |
| Amount at the beginning of the period | 33 524 | 169 | 269 793 | -237 685 | 65 801 |
| Decrease in share capital | -27 842 | 27 842 | - | ||
| Issue costs | -8 | -8 | |||
| Period's currency difference | -169 | -169 | |||
| Period's result | -5 358 | -5 358 | |||
| 2024-12-31 | 5 682 | 0 | 269 785 | -215 201 | 60 266 |
| Cash Flow Statement | |||
| Group | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Operating Activities | |||
| Operating Profit | -1 347 | -1 737 | -5 311 |
| Adjustments for items not included in cash flow: | |||
| Depreciation | 3 834 | 3 827 | 15 243 |
| Gains on sale of assets | - | -2 154 | -6 089 |
| Interest Received | 0 | 0 | 77 |
| Interest Paid | -3 | 0 | -3 |
| Cash Flow from Operating Activities | |||
| before Changes in Working Capital | 2 484 | -63 | 3 918 |
| Cash Flow from Changes in Working Capital | |||
| Increase (-) / Decrease (+) in Receivables | -1 488 | -6 | -4 110 |
| Increase (+) / Decrease (-) in Payables | -2 195 | -970 | 8 839 |
| Cash Flow from Operating Activities | -1 199 | -1 040 | 8 647 |
| Investing Activities | |||
| Acquisition of Capitalized Development Costs | -2 124 | -2 912 | -9 965 |
| Acquisition of Tangible Fixed Assets | - | - | -9 |
| Change in Financial Assets | -137 | - | - |
| Acquisition of Subsidiaries | - | - | 551 |
| Disposal/Liquidation of Subsidiaries | - | 37 | -192 |
| Cash Flow from Investing Activities | -2 261 | -2 875 | -9 615 |
| Financing Activities | |||
| Share Issue before Issue Costs | - | - | - |
| Issue Costs | - | - | -8 |
| Cash Flow from Financing Activities | 0 | 0 | -8 |
| Period's Cash Flow | -3 459 | -3 915 | -976 |
| Cash and Cash Equivalents at the Beginning of the Period | 6 418 | 7 365 | 7 365 |
| Currancy Difference in Cash and Cash Equivalents | - | 17 | 29 |
| Cash and Cash Equivalents at the End of the Period | 2 959 | 3 468 | 6 418 |
| Income Statement | |||
| Parent Company | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Operating Revenues | |||
| Net sales | 7 835 | 3 943 | 23 590 |
| Other operating income | 75 | 389 | 1 552 |
| Total Operating Revenues | 7 910 | 4 332 | 25 142 |
| Operating Costs | |||
| Raw materials and supplies | -986 | -747 | -3 364 |
| Other external costs | -2 995 | -2 153 | -13 448 |
| Personnel costs | -1 367 | -1 296 | -5 080 |
| Other operating costs | -72 | -113 | -30 |
| Total Operating Costs before Depreciation | -5 421 | -4 309 | -21 922 |
| Operating Profit before Depreciation (EBITDA) | 2 489 | 23 | 3 220 |
| Depreciation | |||
| Depreciation of tangible and intangible assets | -3 834 | -3 824 | -15 189 |
| Total Depreciation | -3 834 | -3 824 | -15 189 |
| Operating Profit (EBIT) | -1 345 | -3 801 | -11 969 |
| Results from Financial Items | |||
| Result of sold shares in group companies | - | 675 | 851 |
| Dividend from shares in group companies | - | 1 385 | 1 385 |
| Interest income and similar items | 0 | 0 | 77 |
| Interest expenses and similar items | -40 | - | -122 |
| Total Results from Financial Items | -40 | 2 061 | 2 192 |
| Profit After Financial Items | -1 385 | -1 740 | -9 777 |
| Tax on the period's result | - | - | - |
| RESULT FOR THE PERIOD | -1 385 | -1 740 | -9 777 |
| Balance Sheet | |||
| Parent Company | |||
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| ASSETS | |||
| Intangible Fixed Assets | |||
| Capitalized expenditures for development work | 57 965 | 63 849 | 59 623 |
| Total Intangible Fixed Assets | 57 965 | 63 849 | 59 623 |
| Tangible Fixed Assets | |||
| Equipment, Tools, and Installations | 277 | 473 | 328 |
| Total Tangible Fixed Assets | 277 | 473 | 328 |
| Financial Fixed Assets | |||
| Shares in Group Companies | 199 | 379 | 199 |
| Other long-term receivables | 137 | - | - |
| Total Financial Fixed Assets | 336 | 379 | 199 |
| Total Fixed Assets | 58 577 | 64 701 | 60 151 |
| Current Assets | |||
| Kortfristiga fordringar | |||
| Accounts Receivable | 6 613 | 2 759 | 5 563 |
| Other Receivables | 2 507 | 332 | 52 |
| Prepaid Expenses and Accrued Income | 989 | 1 082 | 3 006 |
| Total Short-term Receivables | 10 110 | 4 173 | 8 621 |
| Cash and Cash Equivalents | 2 913 | 3 333 | 6 371 |
| Total Current Assets | 13 023 | 7 506 | 14 992 |
| TOTAL ASSETS | 71 600 | 72 207 | 75 143 |
| Balance Sheet | |||
| Parent Company | |||
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| EQUITY AND LIABILITIES | |||
| Equity | |||
| Equity | 59 033 | 68 463 | 60 418 |
| Total Equity | 59 033 | 68 463 | 60 418 |
| Long-term Liabilities | |||
| Other Liabilities | - | - | - |
| Total Long-term Liabilities | 0 | 0 | 0 |
| Short-term Liabilities | |||
| Accounts Payable | 4 511 | 1 671 | 4 174 |
| Current Tax Liabilities | - | 20 | - |
| Liabilities to Group Companies | - | 578 | - |
| Other Liabilities | 1 365 | 261 | 2 424 |
| Accrued Expenses and Prepaid Income | 6 691 | 1 214 | 8 127 |
| Total Short-term Liabilities | 12 567 | 3 745 | 14 726 |
| TOTAL EQUITY AND LIABILITIES | 71 600 | 72 207 | 75 143 |
| Changes in Equity | ||||||
| 2025-01-01 - 2025-03-31 Parent Company (KSEK) | Share Capital | Development Expenditure Reserve | Share Premium Reserve | Retained Earnings | Periods Result | Total Equity |
| Amount at the beginning of the period | 5 682 | 59 623 | 269 785 | -264 896 | -9 777 | 60 418 |
| Transfer of previous period's result | -9 777 | 9 777 | - | |||
| Allocation to development expenditure reserve | -1 659 | 1 659 | - | |||
| Period's result | -1 385 | -1 385 | ||||
| 2025-03-31 | 5 682 | 57 965 | 269 785 | -273 013 | -1 385 | 59 033 |
| 2024-01-01 - 2024-03-31 Parent Company (KSEK) | Share Capital | Development Expenditure Reserve | Share Premium Reserve | Retained Earnings | Periods Result | Total Equity |
| Amount at the beginning of the period | 33 524 | 64 643 | 269 793 | -276 163 | -21 594 | 70 203 |
| Transfer of previous period's result | -21 594 | 21 594 | - | |||
| Allocation to development expenditure reserve | -794 | 794 | - | |||
| Period's result | -1 740 | -1 740 | ||||
| 2024-03-31 | 33 524 | 63 849 | 269 793 | -296 963 | -1 740 | 68 463 |
| 2024-01-01 - 2024-12-31 Moderbolaget (KSEK) | Share Capital | Development Expenditure Reserve | Share Premium Reserve | Retained Earnings | Periods Result | Total Equity |
| Amount at the beginning of the period | 33 524 | 64 643 | 269 793 | -276 163 | -21 594 | 70 203 |
| Decrease in share capital | -27 842 | 27 842 | - | |||
| Issue costs | -8 | -8 | ||||
| Transfer of previous period's result | -21 594 | 21 594 | - | |||
| Allocation to development expenditure reserve | -5 019 | 5 019 | - | |||
| Period's result | -9 777 | -9 777 | ||||
| 2024-12-31 | 5 682 | 59 623 | 269 785 | -264 896 | -9 777 | 60 418 |
| Cash Flow Statement | |||
| Parent Company | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| (KSEK) | 2025-03-31 | 2024-03-31 | 2024-12-31 |
| Operating Activities | |||
| Operating Profit | -1 345 | -3 801 | -11 969 |
| Adjustments for items not included in cash flow: | |||
| Depreciation | 3 834 | 3 824 | 15 189 |
| Interest Received | 0 | 0 | 77 |
| Interest Paid | -3 | - | -3 |
| Cash Flow from Operating Activities | |||
| before Changes in Working Capital | 2 486 | 23 | 3 295 |
| Cash Flow from Changes in Working Capital | |||
| Increase (-) / Decrease (+) in Receivables | -1 488 | -193 | -4 641 |
| Increase (+) / Decrease (-) in Payables | -2 195 | 111 | 11 329 |
| Cash Flow from Operating Activities | -1 197 | -59 | 9 983 |
| Investing Activities | |||
| Acquisition of Capitalized Development Costs | -2 124 | -2 978 | -9 965 |
| Acquisition of Tangible Fixed Assets | - | - | -9 |
| Change in Financial Assets | -137 | -25 | -25 |
| Acquisition of Subsidiaries | - | - | 0 |
| Disposal/Liquidation of Subsidiaries | - | - | 0 |
| Cash Flow from Investing Activities | -2 261 | -3 003 | -9 998 |
| Financing Activities | |||
| New Share Issue before Issue Costs | - | - | - |
| Issue Costs | - | - | -8 |
| Cash Flow from Financing Activities | 0 | 0 | -8 |
| Period's Cash Flow | -3 458 | -3 062 | -23 |
| Cash and Cash Equivalents at the Beginning of the Period | 6 371 | 6 395 | 6 395 |
| Cash and Cash Equivalents at the End of the Period | 2 913 | 3 333 | 6 371 |
| KPI:s | |||
| (SEK) | 2025-01-01 | 2024-01-01 | 2024-01-01 |
| 2025-03-31 | 2024-03-31 | 2024-12-31 | |
| PROFITABILITY AND RETURN | |||
| Revenue Growth (%) | 97% | 20% | 73% |
| Operating Margin (%) | Neg | Neg | Neg |
| Profit Margin (%) | Neg | Neg | Neg |
| Return on Equity (%) | Neg | Neg | Neg |
| CAPITAL STRUCTURE | |||
| Equity (KSEK) | 58 880 | 64 076 | 60 266 |
| Total Assets (KSEK) | 71 446 | 67 534 | 74 991 |
| Capital Employed (KSEK) | 60 070 | 64 076 | 61 527 |
| Net Interest-bearing Debt (KSEK) | -1 768 | -3 468 | -5 157 |
| Capital Turnover Ratio (times) | 0,11 | 0,06 | 0,35 |
| Equity Ratio (%) | 82% | 95% | 80% |
| Debt Ratio (%) | 2% | 0% | 2% |
| Interest Coverage Ratio (times) | Neg | Neg | Neg |
| CASH FLOW AND LIQUIDITY | |||
| Cash Flow before Investments (KSEK) | -1 199 | -1 040 | 8 647 |
| Cash Flow after Investments (KSEK) | -3 459 | -3 915 | -968 |
| Cash and Cash Equivalents (KSEK) | 2 959 | 3 468 | 6 418 |
| INVESTMENTS | |||
| Acquisition of Tangible Fixed Assets (KSEK) | - | - | 9 |
| Acquisition of Intangible Fixed Assets (KSEK) | 2 124 | 2 912 | 9 965 |
| EMPLOYEES | |||
| Average Number of Employees | 3 | 4,3 | 3 |
| Revenue per Employee (KSEK) | 2 612 | 926 | 8 399 |
| Number of Employees | 3 | 3 | 2 |
| DATA PER SHARE | |||
| Number of Shares | 28 410 125 | 28 410 125 | 28 410 125 |
| Sales per Share | 0,28 | 0,14 | 0,89 |
| Earnings per Share (SEK) | -0,05 | -0,06 | -0,19 |
| Equity per Share (SEK) | 2,07 | 2,26 | 2,12 |
| Average Number of Shares during the Period | 28 410 125 | 28 410 125 | 28 410 125 |
Definition of KPI:s
| PROFITABILITY AND RETURN | |
| Revenue Growth (%) | The percentage increase in revenue compared to the previous period. |
| Operating Margin (%) | Operating profit as a percentage of total revenue, indicating how much of each SEK of revenue is retained as operating profit. |
| Profit Margin (%) | Net profit as a percentage of total revenue, showing the percentage of revenue that remains as profit after all expenses. |
| Return on Equity (%) | Net profit for the period as a percentage of average equity. |
| CAPITAL STRUCTURE | |
| Equity (KSEK) | Equity at the end of the period. |
| Total Assets (KSEK) | The sum of assets or the sum of liabilities and equity. |
| Capital Employed (KSEK) | Total assets minus non-interest-bearing liabilities, including deferred tax. |
| Net Interest-bearing Debt (KSEK) | The net of interest-bearing provisions and liabilities minus financial assets, including cash and cash equivalents. |
| Capital Turnover Ratio (times) | Annual revenue divided by average total assets. |
| Equity Ratio (%) | Equity as a percentage of total assets. |
| Debt Ratio (%) | Interest-bearing liabilities divided by equity. |
| Interest Coverage Ratio (times) | Earnings before interest and taxes plus financial expenses divided by financial expenses. |
| CASH FLOW AND LIQUIDITY | |
| Cash Flow before Investments (KSEK) | Profit after financial items plus items not affecting cash flow minus changes in working capital. |
| Cash Flow after Investments (KSEK) | Profit after financial items plus items not affecting cash flow minus changes in working capital and investments. |
| Cash and Cash Equivalents (KSEK) | Bank balances and cash. |
| EMPLOYEES | |
| Average Number of Employees | The average number of employees during the period. |
| Revenue per Employee (KSEK) | Revenue divided by the average number of employees. |
| Number of Employees | The number of employees at the end of the period. |
| DATA PER SHARE | |
| Number of Shares | The number of outstanding shares at the end of the period. |
| Sales per Share | Period's sales divided by the number of shares. |
| Earnings per Share (SEK) | Period's net profit divided by the number of shares. |
| Equity per Share (SEK) | Equity divided by the number of shares. |
Om Eyeon Group AB
Eyeon Group utvecklar säkerhetslösningar mot identitetskapning och förfalskning. Bolagets kunder väljer via plattformen vilken information de vill säkra, vilket inkluderar alltifrån kreditkortsnummer, e-mail adresser till ID handlingar. Eyeon letar därefter igenom datavolymer och information för att upptäcka avvikelser. Sedan levereras en varning och rekommendation till kunden att överblicka informationen och vid behov sätta in åtgärder. Bolaget har sitt huvudkontor i Stockholm.
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