CX

CombinedX AB

CX · ST · Technology / Information Technology Services

24.60SEK-0.20 (-0.81%)

Price History

Full chart

Market Stats

Previous Close24.80
Open24.80
Day Range24.30 – 25.10
52-Week Range19.69 – 31.60
Volume21.70K
Market Cap525.92M
P/E (TTM)3.87
Forward P/E0.00
EPS6.98
Dividend Yield3.70%
Beta0.48
50-Day Avg34.27
200-Day Avg34.91

About

CombinedX AB (publ) operates as an IT consulting company in Sweden and internationally. It offers digital business development and transformation, service design and customer experience, business systems and business processes, data analysis and decision support, automation and robotization, application development and life cycle management, digital workplace and identity management, managed infrastructure services and security, Internet of Things and AI, and customer relationship management services. The company was incorporated in 2013 and is headquartered in Karlstad, Sweden.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Joergen Qwist
  • Employees432
  • Headquarters, Karlstad, Sweden, Sweden
  • Websitehttps://www.combinedx.com

Leadership

  • Mr. Joergen QwistPresident & CEO · b. 1972
  • Mattias AhlstedtChief Financial Officer · b. 1977
  • Mr. Bjorn MagnussonHead of Administration & Information Officer · b. 1972
  • Mr. Mattias DybergChief Executive Officer of Elvenite · b. 1972
  • Mr. Jonas AronssonChief Executive Officer of Ninetech · b. 1978
  • Boel SjostrandDeputy CEO · b. 1978
  • Erik Nøkleby HolthChief Executive Officer of Align Consulting Norway
  • Per AronssonChief Executive Officer of Align Consulting Sweden
  • Ms. Eva SandbergChief Executive Officer of Netgain · b. 1962
  • Johan RipeChief Executive Officer of Nethouse AB · b. 1963

Financials

Income Statement

Currency: SEK2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue175.96M194.01M249.40M362.10M-533.20M560.10M650.50M765.70M929.90M947.70M
Growth (%)-+10.26%+28.55%+45.19%--+5.05%+16.14%+17.71%+21.44%+1.91%
Cost of Revenue121.61M120.32M151.80M220.10M-346.50M345.20M506.80M585.10M748.00M758.10M
Gross Profit54.34M73.70M97.60M142.00M-186.70M214.90M143.70M180.60M181.90M189.60M
Gross Margin30.89%37.99%39.13%39.22%-35.02%38.37%22.09%23.59%19.56%20.01%
Operating Expense50.88M55.85M76.00M130.30M-191.80M153.30M91.10M100.60M118.80M132.70M
Operating Income3.46M17.85M21.60M11.70M--5.10M61.60M52.60M80.00M63.10M56.90M
Operating Margin1.97%9.20%8.66%3.23%--0.96%11.00%8.09%10.45%6.79%6.00%
EBITDA6.14M22.04M25.80M19.50M-60.50M89.10M79.50M130.00M120.50M119.40M
EBITDA Margin3.49%11.36%10.34%5.39%-11.35%15.91%12.22%16.98%12.96%12.60%
Net Income1.30M13.60M16.80M8.20M--15.40M49.30M35.20M70.90M50.60M37.70M
Net Income Margin0.74%7.01%6.74%2.26%--2.89%8.80%5.41%9.26%5.44%3.98%
R&D181.00K181.00K180.00K300.00K-1.70M700.00K300.00K1.00M--
R&D as % of Total Revenue0.10%0.09%0.07%0.08%-0.32%0.12%0.05%0.13%--
Interest Expense--500.00K700.00K-3.90M3.20M4.50M5.30M9.90M13.90M
Interest Expense % of Total Revenue--0.20%0.19%-0.73%0.57%0.69%0.69%1.06%1.47%

Balance Sheet

Currency: SEK2015-12-312016-12-312017-12-312018-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets95.27M104.15M157.70M236.40M406.70M427.50M597.30M633.30M742.10M879.60M
Total Liabilities68.40M63.68M95.10M127.70M246.90M200.60M279.00M257.40M317.60M401.00M
Total Equity26.87M40.47M62.60M108.70M159.80M226.90M318.30M375.90M424.30M478.60M
Cash5.94M12.01M32.50M26.00M71.00M108.20M121.00M117.30M132.60M104.40M
Total Debt26.20M16.41M22.90M26.00M107.40M55.40M113.10M88.60M106.00M151.30M
Net Debt20.26M4.39M-9.60M-36.40M-52.80M-7.90M-28.70M-26.60M46.90M

Cash Flow

Currency: SEK2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.14M16.77M11.40M23.80M40.90M56.50M67.90M40.90M81.40M124.30M99.20M
Investing Cash Flow-20.63M-959.00K8.00M-24.20M-53.70M-15.80M-53.70M-53.70M-28.60M-62.10M-93.40M
Financing Cash Flow18.95M-9.74M900.00K-6.20M25.50M900.00K-38.10M25.50M-56.20M-46.90M-32.50M
Capital Expenditure356.00K657.00K3.20M4.70M3.60M1.70M900.00K3.60M3.80M6.20M9.40M
Free Cash Flow2.78M16.11M8.20M19.10M-54.80M67.00M37.30M77.60M118.10M89.80M
Dividends Paid--3.50M8.50M25.30M25.30M30.20M25.30M18.00M36.40M25.60M
FCF to OCF88.66%96.08%71.93%80.25%-96.99%98.67%91.20%95.33%95.01%90.52%
Dividend Paid to FCF--42.68%44.50%-46.17%45.07%67.83%23.20%30.82%28.51%

Earnings

Report DateMay 5, 2022Aug 18, 2022Nov 3, 2022Feb 16, 2023May 4, 2023Aug 18, 2023Oct 27, 2023Feb 7, 2024May 7, 2024Jul 19, 2024Oct 25, 2024Feb 13, 2025May 7, 2025Sep 3, 2025Oct 24, 2025Feb 11, 2026Apr 30, 2026Jul 17, 2026
EPS Estimate-0.850.48-0.88-0.560.961.001.280.530.950.800.700.241.040.730.64
EPS Actual0.790.500.120.741.010.960.801.241.000.560.211.070.950.310.210.540.765.48
Surprise--41.18%-75.00%-14.77%-42.86%29.17%0.00%-56.25%-60.38%12.63%18.75%-55.71%-12.50%-48.08%4.11%756.25%
TimingPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap525.92M
Enterprise Value203.93M
Trailing P/E3.87
Forward P/E0.00
Price / Sales0.55
Price / Book0.80
EPS6.98
Book Value30.51
Revenue (TTM)956.20M
Gross Profit (TTM)182.50M
EBITDA198.60M
Profit Margin14.23%
Operating Margin49.49%
Return on Equity25.74%
Return on Assets11.28%
Shares Outstanding19.48M
Shares Float12.05M
Beta0.48
Dividend Yield3.70%
Dividend Rate1.00
Payout Ratio1.72%

Dividends

20262×
11.00Sep 21, 20261.00May 7, 2026
20251×
1.40May 8, 2025
20241×
2.00May 8, 2024
20231×
1.05May 5, 2023
20221×
1.50May 6, 2022