Upsales Technology AB

Upsales Technology AB maintains a strong liquidity position with SEK 33.5 million in cash and equivalents, representing 40% of total assets. The company has no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative capital structure. However, the current ratio of 0.78 suggests potential short-term liquidity constraints, as current liabilities exceed current assets. Profitability metrics show a return on equity (ROE) of 28.26%, significantly above the median for the Software industry, and a return on assets (ROA) of 4.14%, which is in line with industry norms. The operating margin of 12.71% (calculated from operating income of SEK 4.5 million on revenue of SEK 35.4 million) reflects efficient cost management, though the net margin of 9.81% indicates some pressure from non-operating expenses. The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and customer concentration risks. No material geographic breakdown is available in the latest filings. Upsales Technology AB reported revenue of SEK 35.4 million in the latest period, with no prior-year data provided for growth analysis. The company's free cash flow was negative at SEK -21.7 million, driven by capital expenditures of SEK -4.5 million. This suggests reinvestment in growth or operational expansion, though it may impact near-term liquidity. Risk factors include low liquidity risk and low dilution potential, with no immediate filing-based flags detected. The absence of long-term debt and the presence of substantial cash reserves mitigate financial risk. However, the negative free cash flow and lack of geographic diversification could pose operational and strategic risks. Recent events include the latest financial filing (market data), which provides the most recent revenue and profitability figures. No material events or earnings call transcripts were disclosed in the available data. The company's strategic direction remains focused on software development and customer retention.