Advenica AB (ADVE.ST)
Malmö, AB, SE
Advenica AB (publ) develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, and internationally. The company offers cross domain solutions, including SecuriCDS Data Diode, which allows unidirectional information exchange between networks; ZoneGuard, a gateway for controlling two-way filtered information flow supporting third party control for enforcing digitally signed information policy; and SecuriRAM, a self-erasing USB drive designed to transport a limited amount of information. It also provides network encryptors, which includes SecureiVPN, a quantum-secure IP encryption system for tactical and strategic defense operation; and SecuriConnect, a VPN system for long-term communication privacy. In addition, the company offers secure machine connection, a security solution for connecting to machine equipment onsite; and file security screener solution, a security data transfer solution, as well as remote access device, a hardware-based remote access solution for equipment. Its solutions are used in various applications, such as data traffic, email, video conference, multimedia, file transfer, insider threats, and modification and eavesdropping applications. Advenica AB (publ) was incorporated in 1993 and is headquartered in Malmö, Sweden.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.87% | -13.80% | -19.92% | +33.20% | +38.28% | +1.91% | -12.69% | +100.00% | +123.08% | +18.22% | +72.48% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Information Technology Services: +10.1%+25.4% ★ Q1'26: -33.5% (vs Q1'25)
-
EPS growth Information Technology Services: +16.7%+111.1% ★ Q1'26: -126.8% (vs Q1'25)
-
FCF margin FCF growth · Information Technology Services: +32.8%-6.3% Q1'26: -32.3% (vs Q1'25)
-
EBIT margin Information Technology Services: +9.0%+8.3% Q1'26: -7.2% (vs Q1'25)
-
ROIC Information Technology Services: +9.5%+49.4% ★ Q1'26: -23.4% (vs Q1'25)
-
Share dilution Information Technology Services: +0.0%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×0.54× ★ Q1'26: -8.68× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
62.45M
est: 62.00M (+0.7%)
|
59.29M
est: 77.41M (-23.4%)
|
75.52M
est: 62.00M (+21.8%)
|
84.36M
est: 77.41M (+9.0%)
|
101.26M
est: 111.11M (-8.9%)
|
118.41M
est: 133.34M (-11.2%)
|
148.86M
est: 149.00M (-0.1%)
|
162.17M
est: 162.80M (-0.4%)
|
203.29M
est: 199.75M (+1.8%)
|
210.85M
210.85M – 210.85M
+5.6% YoY
|
253.06M
253.06M – 253.06M
+20.0% YoY
|
306.09M
306.09M – 306.09M
+21.0% YoY
|
378.01M
378.01M – 378.01M
+23.5% YoY
|
| EBITDA |
-25.62M
est: -870.4K (-2,843.5%)
|
-41.69M
est: -1.09M (-3,735.8%)
|
-21.62M
est: -870.4K (-2,383.2%)
|
-15.26M
est: -1.09M (-1,304.2%)
|
-12.23M
est: -1.56M (-684.2%)
|
8.53M
est: -1.87M (+555.8%)
|
9.94M
est: -2.09M (+575.4%)
|
15.02M
est: 7.86M (+91.1%)
|
26.57M
est: 9.64M (+175.5%)
|
10.18M
10.18M – 10.18M
+5.6% YoY
|
12.22M
12.22M – 12.22M
+20.0% YoY
|
14.78M
14.78M – 14.78M
+21.0% YoY
|
18.25M
18.25M – 18.25M
+23.5% YoY
|
| EBIT |
-33.49M
est: -4.42M (-657.5%)
|
-48.24M
est: -5.52M (-774.0%)
|
-24.53M
est: -4.42M (-454.8%)
|
-18.45M
est: -5.52M (-234.2%)
|
-15.55M
est: -7.92M (-96.3%)
|
-227.0K
est: -9.51M (+97.6%)
|
-3.16M
est: -10.62M (+70.3%)
|
6.28M
est: -1.80M (+449.2%)
|
16.80M
est: -2.21M (+861.1%)
|
-2.33M
-2.33M – -2.33M
-5.6% YoY
|
-2.80M
-2.80M – -2.80M
-20.0% YoY
|
-3.38M
-3.38M – -3.38M
-21.0% YoY
|
-4.18M
-4.18M – -4.18M
-23.5% YoY
|
| Net Income |
-26.79M
est: -71.05M (+62.3%)
|
-47.96M
est: -48.75M (+1.6%)
|
-43.02M
est: -71.05M (+39.5%)
|
-19.99M
est: -48.75M (+59.0%)
|
-17.45M
est: -6.75M (-158.7%)
|
-1.99M
est: 26.91M (-107.4%)
|
-4.12M
est: -4.40M (+6.4%)
|
8.05M
est: 4.40M (+83.0%)
|
16.57M
est: 20.23M (-18.1%)
|
2.64M
2.64M – 2.64M
-87.0% YoY
|
7.04M
7.04M – 7.04M
+166.7% YoY
|
15.83M
15.83M – 15.83M
+125.0% YoY
|
28.15M
28.15M – 28.15M
+77.8% YoY
|
| SGA |
35.77M
est: 12.74M (+180.8%)
|
39.17M
est: 15.90M (+146.3%)
|
19.28M
est: 12.74M (+51.4%)
|
9.14M
est: 15.90M (-42.5%)
|
10.10M
est: 22.82M (-55.7%)
|
11.12M
est: 27.39M (-59.4%)
|
55.43M
est: 30.61M (+81.1%)
|
57.20M
est: 39.84M (+43.6%)
|
61.99M
est: 48.88M (+26.8%)
|
51.60M
51.60M – 51.60M
+5.6% YoY
|
61.93M
61.93M – 61.93M
+20.0% YoY
|
74.91M
74.91M – 74.91M
+21.0% YoY
|
92.51M
92.51M – 92.51M
+23.5% YoY
|
| EPS |
-1.62
est: -1.62 (-0.3%)
|
-2.65
est: -1.11 (-139.1%)
|
-1.70
est: -1.62 (-5.2%)
|
-0.59
est: -1.11 (+46.8%)
|
-0.47
est: -0.15 (-206.4%)
|
-0.05
est: 0.61 (-108.1%)
|
-0.09
est: -0.10 (+6.4%)
|
0.18
est: 0.10 (+80.0%)
|
0.38
est: 0.46 (-17.4%)
|
0.06
0.06 – 0.06
-87.0% YoY
|
0.16
0.16 – 0.16
+166.7% YoY
|
0.36
0.36 – 0.36
+125.0% YoY
|
0.64
0.64 – 0.64
+77.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-28 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-27 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-26 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-25 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-22 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-21 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-20 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-19 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-18 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-15 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-13 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-12 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-11 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-08 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-07 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-06 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-05 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-05-04 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-04-30 | B- | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 1/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares International Small-Cap Equity Factor ETF ISCF | 0.01% | 77.9K | 0.24% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Marie Bengtsson | Chief Executive Officer & President | 2M | female |
| Annika Freij | Chief Financial Officer | — | female |
| Rickard Nilsson | Vice President of Sales & Marketing and Chief Operating Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for ADVE.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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