Income Statement Clavister Holding AB

Equities

CLAV

SE0005308558

Communications & Networking

Market Closed - Nasdaq Stockholm Other stock markets 12:30:00 13/05/2026 BST			5-day change	1st Jan Change
4.232 ^SEK	+0.09%		-8.99%	+45.93%

05-11	Clavister board member Tobias Öien acquires shares worth SEK 0.45 million	FW
05-08	Clavister Holding AB (publ.), Q1 2026 Earnings Call, May 07, 2026

4f1949c934732269d7654b.NR53hvXDC8JvDxk8VFiUXCkgHCWyOOPm-gMNdPnFXT4.e3lO77ikRqFYdnF0Pw3QZWhvJEjlYqa0u0VqBMCmGHZxUh7Xw4Z_rFpmeg

Published financial data: CLAVISTER HOLDING AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	129M	129M	143M	161M	192M
Other Revenues, Total	-	-	1K	-	-
Total Revenues	129M	129M	143M	161M	192M
Cost of Goods Sold, Total	17.8M	19.19M	27.74M	31.94M	41.68M
Gross Profit	111M	110M	115M	129M	150M
Selling General & Admin Expenses, Total	169M	172M	165M	151M	161M
R&D Expenses	-33.08M	-38.14M	-35M	-37.8M	-37.95M
Depreciation & Amortization - (IS)	36.98M	36.42M	41.02M	48.3M	44.28M
Other Operating Expenses	-11.5M	-3.09M	-3.84M	-1.77M	-4.34M
Other Operating Expenses, Total	162M	167M	167M	160M	163M
Operating Income	-50.91M	-56.64M	-52.41M	-31.28M	-13.1M
Interest Expense, Total	-14.83M	-14.93M	-23.34M	-33.66M	-42.8M
Interest And Investment Income	38K	113K	209K	430K	2.84M
Net Interest Expenses	-14.79M	-14.81M	-23.13M	-33.23M	-39.96M
Income (Loss) On Equity Invest.	-	-14K	-	-	-
Currency Exchange Gains (Loss)	2.17M	-4.35M	-17.01M	1.12M	-125K
Other Non Operating Income (Expenses)	-17.34M	-15.7M	-19.97M	-2.12M	-2.95M
EBT, Excl. Unusual Items	-80.87M	-91.52M	-113M	-65.5M	-56.14M
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	-80.87M	-91.52M	-113M	-65.5M	-56.14M
Income Tax Expense	367K	-384K	309K	-154K	-157K
Earnings From Continuing Operations	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Net Income to Company	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Net Income - (IS)	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Net Income to Common Incl Extra Items	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Net Income to Common Excl. Extra Items	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Per Share Items
Net EPS - Basic	-2.08	-1.67	-2	-1.16	-0.35
Basic EPS - Continuing Operations	-2.08	-1.67	-2	-1.16	-0.35
Basic Weighted Average Shares Outstanding	38.98M	54.42M	56.53M	56.53M	162M
Net EPS - Diluted	-2.08	-1.67	-2	-1.16	-0.35
Diluted EPS - Continuing Operations	-2.08	-1.67	-2	-1.16	-0.35
Diluted Weighted Average Shares Outstanding	38.98M	54.42M	56.53M	56.53M	162M
Normalized Basic EPS	-1.3	-1.05	-1.24	-0.72	-0.22
Normalized Diluted EPS	-1.3	-1.05	-1.24	-0.72	-0.22
Supplemental Items
EBITDA	-49.91M	-55.98M	-46.19M	-31.24M	-12.9M
EBITA	-49.91M	-55.98M	-52.41M	-31.28M	-13.1M
EBIT	-50.91M	-56.64M	-52.41M	-31.28M	-13.1M
EBITDAR	-45.32M	-58.41M	-44.37M	-30.61M	-11.53M
Total Revenues (As Reported)	140M	134M	149M	165M	198M
Effective Tax Rate - (Ratio)	-0.45	0.42	-0.27	0.24	0.28
Current Domestic Taxes	109K	43K	-	-	-
Total Current Taxes	109K	43K	-18K	-	-
Deferred Domestic Taxes	259K	-426K	-	-	-
Total Deferred Taxes	259K	-426K	327K	-154K	-157K
Normalized Net Income	-50.54M	-57.2M	-70.33M	-40.94M	-35.09M
Interest on Long-Term Debt	1.22M	744K	390K	1.07M	1.16M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	28.27M	28.03M	34.19M	41.24M	37.74M
Net Rental Expense, Total	4.59M	-2.43M	1.82M	625K	1.37M
Imputed Operating Lease Interest Expense	2.03M	-1.23M	1.28M	559K	1.68M
Imputed Operating Lease Depreciation	2.56M	-1.2M	536K	65.78K	-312K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	143M	49.89M	42.41M	38.66M	83.21M
Total Cash And Short Term Investments	143M	49.89M	42.41M	38.66M	83.21M
Accounts Receivable, Total	39.43M	39.56M	43.49M	36.71M	55.21M
Other Receivables	3.08M	8.26M	6.91M	1.25M	7.33M
Total Receivables	42.51M	47.82M	50.4M	37.96M	62.54M
Inventory	7.24M	5.89M	13.52M	16.25M	16.71M
Prepaid Expenses	2.2M	1.59M	1.76M	11.15M	1.42M
Other Current Assets, Total	392K	408K	379K	1K	184K
Total Current Assets	196M	106M	108M	104M	164M
Gross Property Plant And Equipment	31.87M	25.67M	23.68M	22.06M	23.71M
Accumulated Depreciation	-16.36M	-18.07M	-19.81M	-3.23M	-6.38M
Net Property Plant And Equipment	15.52M	7.6M	3.87M	18.83M	17.33M
Goodwill	51.88M	66.7M	66.7M	66.7M	66.7M
Other Intangibles, Total	102M	111M	111M	109M	110M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	17.89M	419K	1.14M	886K	1.12M
Total Assets	383M	292M	291M	299M	359M
Liabilities
Accounts Payable, Total	17.64M	10.19M	10.23M	16.72M	15.65M
Accrued Expenses, Total	27.73M	20.52M	22.48M	28.86M	40.16M
Current Portion of Long-Term Debt	-	9.73M	5.56M	66.58M	-
Current Portion of Leases	6.12M	5.45M	3.83M	3.34M	4.73M
Current Income Taxes Payable	149K	-	289K	-	719K
Unearned Revenue Current, Total	62.94M	60.19M	64.38M	67.57M	69.89M
Other Current Liabilities	30.55M	13.1M	9.05M	97.17M	32.46M
Total Current Liabilities	145M	119M	116M	280M	164M
Long-Term Debt	214M	223M	279M	228M	228M
Long-Term Leases	11.37M	3.39M	179K	15M	12.02M
Deferred Tax Liability Non Current	681K	104K	383K	285K	216K
Other Non Current Liabilities	-1K	-	59.32M	4.37M	39.7M
Total Liabilities	371M	345M	455M	528M	443M
Common Stock, Total	5.23M	5.65M	5.65M	5.65M	26.76M
Additional Paid In Capital	771M	797M	800M	800M	979M
Retained Earnings	-765M	-856M	-969M	-1.03B	-1.09B
Comprehensive Income and Other	349K	56K	118K	121K	69K
Total Common Equity	12.07M	-53.72M	-164M	-229M	-84.18M
Total Equity	12.07M	-53.72M	-164M	-229M	-84.18M
Total Liabilities And Equity	383M	292M	291M	299M	359M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.3M	56.53M	56.53M	56.53M	268M
ECS Total Common Shares Outstanding	52.3M	56.53M	56.53M	56.53M	268M
Book Value / Share	0.23	-0.95	-2.89	-4.05	-0.31
Tangible Book Value	-142M	-232M	-341M	-405M	-261M
Tangible Book Value Per Share	-2.71	-4.1	-6.04	-7.16	-0.98
Total Debt	231M	241M	289M	313M	245M
Net Debt	87.94M	191M	246M	275M	161M
Debt Equivalent Oper. Leases	36.69M	-19.45M	14.54M	5M	10.97M
Account Code - Inventory Valuation	3	5	5	5	5
Inventories - Finished Goods, Total	-	-	-	-	-
Machinery, Total	-	787K	634K	1.36M	2.04M
Full Time Employees	132	133	108	109	108
Accumulated Allowance for Doubtful Accounts (Supple)	846K	494K	546K	650K	539K
Order Backlog	20.7M	86.6M	74.2M	234M	300M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-81.24M	-91.14M	-113M	-65.35M	-55.98M
Depreciation & Amortization - CF	6.58M	5.6M	4.63M	4.85M	4.32M
Amortization of Goodwill and Intangible Assets - (CF)	1M	667K	-	-	-
Depreciation & Amortization, Total	7.58M	6.26M	4.63M	4.85M	4.32M
Amortization of Deferred Charges, Total - (CF)	29.39M	30.16M	36.39M	43.44M	39.97M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	16.81M	31.34M	54.57M	16.34M	19.84M
Change In Accounts Receivable	-1.04M	-4.22M	-458K	3.54M	-15.02M
Change In Inventories	760K	1.35M	-7.63M	-2.73M	-458K
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	51.87M	-30.06M	627K	13.2M	11.88M
Cash from Operations	24.15M	-56.32M	-24.7M	13.31M	4.55M
Capital Expenditure	-	-	-	-722K	-742K
Cash Acquisitions	-	-2.77M	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-54.3M	-39.41M	-36.39M	-41.39M	-41.09M
Investment in Marketable and Equity Securities, Total	-	-	-	254K	-219K
Other Investing Activities, Total	1K	-192K	-719K	-1K	1K
Cash from Investing	-54.3M	-42.38M	-37.11M	-41.86M	-42.05M
Long-Term Debt Issued, Total	-	-	69.12M	38.21M	-
Total Debt Issued	-	-	69.12M	38.21M	-
Long-Term Debt Repaid, Total	-61.03M	-8.65M	-14.79M	-13.31M	-106M
Total Debt Repaid	-61.03M	-8.65M	-14.79M	-13.31M	-106M
Issuance of Common Stock	185M	18.34M	3K	-	216M
Other Financing Activities, Total	-21.95M	-4.3M	-	-97K	-28.08M
Cash from Financing	102M	5.39M	54.34M	24.8M	82.05M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	1K	-1K
Net Change in Cash	72.25M	-93.3M	-7.47M	-3.75M	44.55M
Supplemental Items
Cash Interest Paid	10.72M	1.52M	3.26M	7.53M	-
Cash Income Tax Paid (Refund)	-371K	202K	312K	-367K	-493K
Levered Free Cash Flow	5.66M	-86.11M	-50.62M	70.18M	-99.43M
Unlevered Free Cash Flow	14.93M	-76.78M	-36.04M	91.22M	-72.67M
Change In Net Working Capital	-64.07M	38.38M	7.91M	-105M	66.94M
Net Debt Issued / Repaid	-61.03M	-8.65M	54.33M	24.9M	-106M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-9.27	-10.5	-11.24	-6.62	-2.49
Return on Total Capital	-13.88	-16.44	-20.96	-18.67	-6.69
Return On Equity %	210.42	437.61	103.87	33.31	35.76
Return on Common Equity	210.42	437.61	103.87	33.31	35.76
Margin Analysis
Gross Profit Margin %	86.17	85.16	80.56	80.11	78.26
SG&A Margin	131.63	132.69	115.76	94.16	84.05
EBITDA Margin %	-38.79	-43.29	-32.37	-19.45	-6.73
EBITA Margin %	-38.79	-43.29	-36.72	-19.48	-6.83
EBIT Margin %	-39.56	-43.81	-36.72	-19.48	-6.83
Income From Continuing Operations Margin %	-63.14	-70.49	-79.07	-40.69	-29.21
Net Income Margin %	-63.14	-70.49	-79.07	-40.69	-29.21
Net Avail. For Common Margin %	-63.14	-70.49	-79.07	-40.69	-29.21
Normalized Net Income Margin	-39.28	-44.24	-49.28	-25.49	-18.31
Levered Free Cash Flow Margin	4.4	-66.59	-35.47	43.7	-51.88
Unlevered Free Cash Flow Margin	11.6	-59.38	-25.25	56.8	-37.92
Asset Turnover
Asset Turnover	0.38	0.38	0.49	0.54	0.58
Fixed Assets Turnover	7.15	11.19	24.88	14.15	10.6
Receivables Turnover (Average Receivables)	3.32	3.27	3.44	4.01	4.17
Inventory Turnover (Average Inventory)	2.34	2.92	2.86	2.15	2.53
Short Term Liquidity
Current Ratio	1.35	0.89	0.94	0.37	1
Quick Ratio	1.28	0.82	0.8	0.27	0.89
Operating Cash Flow to Current Liabilities	0.17	-0.47	-0.21	0.05	0.03
Days Sales Outstanding (Average Receivables)	110.25	111.49	106.21	91.13	87.77
Days Outstanding Inventory (Average Inventory)	156.68	124.87	127.7	170.1	144.75
Average Days Payable Outstanding	244.96	284.71	105.39	141.88	140.61
Cash Conversion Cycle (Average Days)	21.98	-48.35	128.53	119.34	91.91
Long Term Solvency
Total Debt/Equity	1.92K	-448.9	-176.45	-136.87	-290.61
Total Debt / Total Capital	95.04	128.66	230.8	371.24	152.46
LT Debt/Equity	1.86K	-420.64	-170.71	-106.32	-285
Long-Term Debt / Total Capital	92.52	120.56	223.28	288.39	149.52
Total Liabilities / Total Assets	96.85	118.43	156.17	176.46	123.43
EBIT / Interest Expense	-3.43	-3.79	-2.25	-0.93	-0.31
EBITDA / Interest Expense	-2.92	-3.38	-1.78	-0.79	-0.21
(EBITDA - Capex) / Interest Expense	-2.92	-3.38	-1.78	-0.81	-0.22
Total Debt / EBITDA	-5.34	-4.79	-6.94	-11.85	-27.86
Net Debt / EBITDA	-2.03	-3.8	-5.92	-10.39	-18.38
Total Debt / (EBITDA - Capex)	-5.34	-4.79	-6.94	-11.54	-25.69
Net Debt / (EBITDA - Capex)	-2.03	-3.8	-5.92	-10.11	-16.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.55	0.95	10.37	12.55	19.33
Gross Profit, 1 Yr. Growth %	11.89	-0.15	4.41	11.92	16.57
EBITDA, 1 Yr. Growth %	-33.2	0.22	-17.49	-32.37	-58.69
EBITA, 1 Yr. Growth %	-33.22	0.22	-6.38	-40.31	-58.12
EBIT, 1 Yr. Growth %	-32.78	-0.37	-7.48	-40.31	-58.12
Earnings From Cont. Operations, 1 Yr. Growth %	-56.83	12.19	23.8	-42.08	-14.34
Net Income, 1 Yr. Growth %	-56.83	12.19	23.8	-42.08	-14.34
Normalized Net Income, 1 Yr. Growth %	-28.12	13.18	22.94	-41.79	-14.3
Diluted EPS Before Extra, 1 Yr. Growth %	-71.58	-19.63	19.41	-42	-69.83
Accounts Receivable, 1 Yr. Growth %	3.5	0.34	9.92	-15.58	50.4
Inventory, 1 Yr. Growth %	-9.5	-18.65	129.54	20.21	2.82
Net Property, Plant and Equip., 1 Yr. Growth %	-24.13	-51.02	-49.09	386.56	-7.96
Total Assets, 1 Yr. Growth %	26.25	-23.86	-0.13	2.82	20.01
Tangible Book Value, 1 Yr. Growth %	-35.31	63.26	47.3	18.55	-35.49
Common Equity, 1 Yr. Growth %	-113.52	-545.16	204.41	39.96	-63.22
Cash From Operations, 1 Yr. Growth %	-155.92	-333.2	-56.15	-153.88	-65.79
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	2.77
Levered Free Cash Flow, 1 Yr. Growth %	-108.33	-4.53K	-41.21	-238.65	-241.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-125.03	-784.75	-53.06	-353.13	-179.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.94	2.5	5.55	11.45	15.89
Gross Profit, 2 Yr. CAGR %	13.52	5.42	2.1	8.1	14.22
EBITDA, 2 Yr. CAGR %	-24.97	-13.44	-9.06	-25.3	-47.15
EBITA, 2 Yr. CAGR %	-25.13	-13.45	-3.13	-25.25	-50
EBIT, 2 Yr. CAGR %	-24.8	-13.51	-3.99	-25.69	-50
Earnings From Cont. Operations, 2 Yr. CAGR %	-18.71	-30.4	17.85	-15.32	-29.56
Net Income, 2 Yr. CAGR %	-18.71	-30.4	17.85	-15.32	-29.56
Normalized Net Income, 2 Yr. CAGR %	-17.3	-9.81	17.96	-15.4	-29.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.82	-52.21	-2.04	-16.78	-58.17
Accounts Receivable, 2 Yr. CAGR %	24.93	1.91	5.02	-3.67	12.68
Inventory, 2 Yr. CAGR %	15.32	-14.2	36.65	66.12	11.18
Net Property, Plant and Equip., 2 Yr. CAGR %	-24.11	-39.04	-50.06	57.39	111.63
Total Assets, 2 Yr. CAGR %	-0.38	-1.95	-12.8	1.33	11.08
Tangible Book Value, 2 Yr. CAGR %	65.01	2.77	55.08	32.15	-12.55
Common Equity, 2 Yr. CAGR %	-57.47	-22.43	268.12	106.41	-28.25
Cash From Operations, 2 Yr. CAGR %	-40.72	14.19	1.13	-51.39	-57.07
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-61.63	12.6	410.33	-9.72	40.15
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.56	13.45	79.28	9	42.01
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.69	4.74	5.06	7.84	14.02
Gross Profit, 3 Yr. CAGR %	12.67	8.57	5.08	5.27	10.85
EBITDA, 3 Yr. CAGR %	-12.28	-14.21	-14.81	-17.61	-38.69
EBITA, 3 Yr. CAGR %	-12.62	-14.33	-11.15	-17.57	-38.38
EBIT, 3 Yr. CAGR %	-12.43	-14.31	-11.55	-18.06	-38.62
Earnings From Cont. Operations, 3 Yr. CAGR %	6.96	-9.49	-15.67	-7	-14.99
Net Income, 3 Yr. CAGR %	6.96	-9.49	-15.67	-7	-14.99
Normalized Net Income, 3 Yr. CAGR %	-0.68	-8.18	0	-6.78	-15.03
Diluted EPS Before Extra, 3 Yr. CAGR %	-10.12	-31.54	-35.15	-17.74	-40.66
Accounts Receivable, 3 Yr. CAGR %	36.15	16.13	4.51	-2.35	11.75
Inventory, 3 Yr. CAGR %	-3.5	2.66	19.11	30.94	41.57
Net Property, Plant and Equip., 3 Yr. CAGR %	111.76	-34.42	-42.59	6.66	31.62
Total Assets, 3 Yr. CAGR %	8.22	-8.92	-1.35	-7.88	7.21
Tangible Book Value, 3 Yr. CAGR %	11.96	64.43	15.87	41.8	4.05
Common Equity, 3 Yr. CAGR %	-61.39	-6.98	22.35	166.68	16.15
Cash From Operations, 3 Yr. CAGR %	-32.17	-6.42	-17	-18.02	-56.76
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-57.14	30.83	-9.33	230.52	4.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	-39.79	45.56	-15.46	101.12	-1.81
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	14.91	10.6	7.33	7.38	9.27
Gross Profit, 5 Yr. CAGR %	19.88	15.54	8.2	8.38	8.65
EBITDA, 5 Yr. CAGR %	-0.57	-4.08	-8.98	-18.83	-29.62
EBITA, 5 Yr. CAGR %	-0.84	-4.25	-6.87	-18.88	-29.41
EBIT, 5 Yr. CAGR %	-0.44	-4.12	-7.12	-19.06	-29.6
Earnings From Cont. Operations, 5 Yr. CAGR %	13.72	10.55	11.19	-11.87	-21.53
Net Income, 5 Yr. CAGR %	13.72	10.55	11.19	-11.87	-21.53
Normalized Net Income, 5 Yr. CAGR %	7.76	4.17	6.39	-11.14	-12.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.19	-8.93	-6.97	-25.98	-45.58
Accounts Receivable, 5 Yr. CAGR %	65.13	23.68	22.72	7.76	7.71
Inventory, 5 Yr. CAGR %	5.3	-2.18	10.91	24.45	15.87
Net Property, Plant and Equip., 5 Yr. CAGR %	58.22	51.13	18.82	-6.92	-3.26
Total Assets, 5 Yr. CAGR %	21.49	1.02	-0.74	-4.95	3.45
Tangible Book Value, 5 Yr. CAGR %	21.87	18.07	27.55	50.66	3.53
Common Equity, 5 Yr. CAGR %	-33.23	-23.75	-4.85	27.95	-1.17
Cash From Operations, 5 Yr. CAGR %	-5.43	1.45	-20.42	-27.99	-36.24
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-20.33	-
Levered Free Cash Flow, 5 Yr. CAGR %	-23.6	5.13	-6.77	12.79	7.92
Unlevered Free Cash Flow, 5 Yr. CAGR %	-5.64	3.42	-12.03	29.66	4.03