Freja eID Group AB (publ) (FREJA.ST)
Stockholm, SE
Freja eID Group AB (publ) operates as an IT security specialist, supplying advanced security solutions to banks, government agencies, and businesses across the globe. The company's product portfolio includes Freja eID, a comprehensive ecosystem designed for digital identities. Freja ID is offered to ensure secure access for key individuals, such as management teams. To simplify user onboarding, they provide the Freja Self-Service Portal. Freja Connect serves as an identity provider, enabling the integration of internal authentication systems with external platforms. Furthermore, Freja Mobile delivers both enhanced security and user convenience for login and digital signing processes. Their array of authentication methods comprises various login devices, including one-button, keyboard, card, USB, and mobile tokens, alongside Freja Mobile, SMS, email, code cards, and Google Authenticators. The software Pinelope assists in generating personal identification number (PIN) mailers for the secure distribution of passwords or PINs. Freja eID Group also offers solutions for key management, notably the Chiave Key Management Facility, which supports the common key types utilized by financial institutions and payment processors. The Chiave Registration Authority is tasked with generating cryptographic keys and certificates, while Chiave POS facilitates the customization and management of point-of-sale terminals. Additionally, the company provides versatile general-purpose Hardware Security Modules (HSMs), allowing organizations to integrate hardware-level security into critical applications like public key infrastructures, databases, and web/application servers. Specialized payment HSMs are available to safeguard financial transactions, alongside products for transparent and network encryption. Central to their offerings is the Verisec Platform of Digital Trust, a robust framework furnishing a diverse set of tools for protecting digital identities and data. Beyond its products, Freja eID Group extends a wide range of services, encompassing order fulfillment, programming, distribution and logistics, warehousing, printing and packaging, return handling, warranty management, code administration, and various training courses. Established in 2002, the company was initially known as Verisec AB (publ) before rebranding to Freja eID Group AB (publ) in November 2020. Its main office is situated in Stockholm, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.42% | +3.68% | +3.36% | +7.64% | +4.32% | +8.33% | +70.02% | +188.40% | -34.66% | -39.64% | +13.93% |
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
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Infrastructure: +13.7%+16.4% ★ Q1'26: +23.4% (vs Q1'25)
-
EPS growth Software - Infrastructure: +28.7%+42.7% ★ Q1'26: +25.0% (vs Q1'25)
-
FCF margin FCF growth · Software - Infrastructure: +32.2%+1.8% Q1'26: +44.6% (vs Q1'25)
-
EBIT margin Software - Infrastructure: +8.8%-27.7% Q1'26: -14.3% (vs Q1'25)
-
ROIC Software - Infrastructure: +6.6%-78.7% Q1'26: -63.5% (vs Q1'25)
-
Share dilution Software - Infrastructure: +0.0%+13.4% Q1'26: +8.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×8.40× ★ Q1'26: 1.19× (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 2015 actual |
Dec 2016 actual |
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 |
62.41M
est: 66.00M (-5.4%)
|
60.10M
est: 62.00M (-3.1%)
|
61.01M
est: 71.80M (-15.0%)
|
76.23M
est: 76.00M (+0.3%)
|
99.74M
est: 103.86M (-4.0%)
|
21.90M
est: 24.10M (-9.1%)
|
20.64M
est: 21.83M (-5.5%)
|
29.42M
est: 29.82M (-1.3%)
|
36.29M
est: 57.20M (-36.5%)
|
43.91M
est: 83.37M (-47.3%)
|
51.09M
est: 52.40M (-2.5%)
|
63.10M
63.10M – 63.10M
+20.4% YoY
|
75.50M
75.50M – 75.50M
+19.7% YoY
|
93.50M
93.50M – 93.50M
+23.8% YoY
|
115.20M
115.20M – 115.20M
+23.2% YoY
|
| EBITDA |
-7.24M
est: -50.19M (+85.6%)
|
-14.72M
est: -47.15M (+68.8%)
|
-17.82M
est: -54.60M (+67.4%)
|
-22.15M
est: -57.79M (+61.7%)
|
-31.55M
est: -78.98M (+60.1%)
|
-29.53M
est: -18.32M (-61.1%)
|
-42.68M
est: -16.60M (-157.0%)
|
-33.74M
est: -22.67M (-48.8%)
|
-25.52M
est: -43.50M (+41.3%)
|
-4.35M
est: 64.90M (-106.7%)
|
1.29M
est: 40.79M (-96.8%)
|
49.12M
49.12M – 49.12M
+20.4% YoY
|
58.77M
58.77M – 58.77M
+19.7% YoY
|
72.79M
72.79M – 72.79M
+23.8% YoY
|
89.68M
89.68M – 89.68M
+23.2% YoY
|
| EBIT |
-9.66M
est: -56.28M (+82.8%)
|
-18.10M
est: -52.87M (+65.8%)
|
-22.56M
est: -61.22M (+63.2%)
|
-28.98M
est: -64.81M (+55.3%)
|
-43.42M
est: -88.56M (+51.0%)
|
-43.14M
est: -20.55M (-110.0%)
|
-47.01M
est: -18.62M (-152.5%)
|
-37.98M
est: -25.43M (-49.4%)
|
-29.70M
est: -48.77M (+39.1%)
|
-19.53M
est: -59.03M (+66.9%)
|
-14.13M
est: -37.10M (+61.9%)
|
-44.68M
-44.68M – -44.68M
-20.4% YoY
|
-53.46M
-53.46M – -53.46M
-19.7% YoY
|
-66.20M
-66.20M – -66.20M
-23.8% YoY
|
-81.57M
-81.57M – -81.57M
-23.2% YoY
|
| Net Income |
-8.14M
est: -15.37M (+47.0%)
|
-18.40M
est: -30.58M (+39.8%)
|
-22.84M
est: -22.70M (-0.6%)
|
-29.39M
est: -49.21M (+40.3%)
|
-24.69M
est: -38.38M (+35.7%)
|
-45.06M
est: -29.76M (-51.4%)
|
-52.33M
est: -58.18M (+10.1%)
|
-38.76M
est: -49.70M (+22.0%)
|
-31.96M
est: -17.58M (-81.8%)
|
-23.37M
est: -7.29M (-220.7%)
|
-15.31M
est: -10.30M (-48.6%)
|
-5.15M
-5.15M – -5.15M
+50.0% YoY
|
772.5K
772.5K – 772.5K
+115.0% YoY
|
7.73M
7.73M – 7.73M
+900.0% YoY
|
15.45M
15.45M – 15.45M
+100.0% YoY
|
| SGA |
21.42M
est: 101.02M (-78.8%)
|
26.58M
est: 94.90M (-72.0%)
|
26.39M
est: 109.90M (-76.0%)
|
30.10M
est: 116.33M (-74.1%)
|
29.16M
est: 158.96M (-81.7%)
|
17.31M
est: 36.88M (-53.1%)
|
61.24M
est: 33.42M (+83.2%)
|
62.32M
est: 45.64M (+36.5%)
|
61.06M
est: 87.55M (-30.2%)
|
4.15M
est: 114.42M (-96.4%)
|
—
est: 71.92M (-100.0%)
|
86.61M
86.61M – 86.61M
+20.4% YoY
|
103.63M
103.63M – 103.63M
+19.7% YoY
|
128.33M
128.33M – 128.33M
+23.8% YoY
|
158.12M
158.12M – 158.12M
+23.2% YoY
|
| EPS |
-0.61
est: -0.68 (+9.9%)
|
-1.50
est: -1.35 (-11.4%)
|
-1.72
est: -1.00 (-72.1%)
|
-2.12
est: -2.17 (+2.2%)
|
-1.69
est: -1.69 (+0.0%)
|
-3.06
est: -1.31 (-133.5%)
|
-2.93
est: -2.56 (-14.4%)
|
-2.05
est: -2.19 (+6.3%)
|
-1.59
est: -0.77 (-105.4%)
|
-1.03
est: -0.28 (-264.1%)
|
-0.59
est: -0.40 (-47.5%)
|
-0.20
-0.20 – -0.20
+50.0% YoY
|
0.03
0.03 – 0.03
+115.0% YoY
|
0.30
0.30 – 0.30
+900.0% YoY
|
0.60
0.60 – 0.60
+100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
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
This company is not held by any ETF in our universe.
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 |
|---|---|---|---|
| Johan Henrikson | Co-Founder & Chief Executive Officer | 2M | male |
| Tony Buss | Chief Technology Officer & Director | 2M | male |
| Jakub Missuna | Co-Founder & Chief Financial Officer | 896.4K | male |
| Branko Pavlovic | Head Of Development | — | — |
| Kristofer von Beetzen | Chief Product 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 FREJA.ST
Short-term intention
Target Price Distribution
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