ACOUNasdaq StockholmBiotechnologyIFRS · SEK

AcouSort

AcouSort is a Swedish medical technology company that develops acoustofluidic sample-preparation systems and OEM components for life science instrumentation. Its products are used to automate the handling, separation, washing, trapping, and preparation of biological samples in diagnostics, cell therapy, and laboratory workflows.

Revenue6.9m SEK
+44.7 %y/y
Operating profit (EBIT)-10.9m SEK
+32.3 %y/y
EBIT margin-159.4%
+181.0 ppy/y
Net income-12.2m SEK
+19.4 %y/y

Fiscal year 2025 · change from previous year

Development 2022–2025

-20-15-10-50510m SEK2022: 5.0 m SEK2022: EBIT -14 m SEK20222023: 5.5 m SEK2023: EBIT -17 m SEK20232024: 4.7 m SEK2024: EBIT -16 m SEK20242025: 6.9 m SEK2025: EBIT -11 m SEK20256.9-11
RevenueOperating profit (EBIT)

Business

Share of revenue
OEM components45 %

Acoustofluidic modules and components embedded into third-party diagnostic and therapeutic instruments.

Research and innovation systems30 %

Benchtop AcouWash and AcouTrap systems used for evaluation, development, and workflow validation.

License fees15 %

Technology licensing and related rights tied to use of AcouSort's platform.

Product sales and services10 %

Sales of systems, kits, and technical services supporting customer integration projects.

Customers

AcouSort sells primarily to life science instrument manufacturers that want to embed automated sample-preparation steps into diagnostic, analytics, and cell-therapy systems. It also works with universities, research institutions, and industrial partners that use AcouWash and AcouTrap for feasibility studies, workflow development, and scientific validation.

Life science OEMs

Buy OEM components and integration support to embed automated sample processing into instruments.

Cell therapy developers

Use the technology to automate cell washing, separation, and handling in manufacturing workflows.

Diagnostics companies

Evaluate AcouSort's platform for blood, plasma, and cell-processing steps in diagnostic systems.

Research institutions

Buy benchtop systems and evaluation kits for scientific studies and workflow validation.

Industrial manufacturers

Explore particle-removal and process-integration use cases in production workflows.

Strategy

AcouSort's strategy is to convert its acoustofluidics platform from technology validation into broader OEM adoption and recurring commercial use. The company focuses on partnerships with instrument makers, cell-therapy developers, and research institutions to prove integration, build scientific credibility, and create pathways to long-term agreements.

OEM-driven commercializationShort term

Embedded components can create repeatable revenue and deeper customer integration.

Convert feasibility work into long-term agreementsMedium term

Pilot projects are the main route to scaled adoption in regulated life science workflows.

Broaden application areasMedium term

Multiple end markets reduce dependence on any single workflow or customer type.

Strengthen scientific validationLong term

Publications and conference exposure help de-risk adoption for OEM and research buyers.

Geography

AcouSort is headquartered in Sweden and serves customers across North America, Europe, and selected markets in Asia. The company also operates a U.S. subsidiary, AcouSort Inc., to support marketing and sales in North America, while its systems and partnerships are used internationally across research and commercial settings.

Risks

AcouSort is exposed to commercialization risk because its business depends on converting technical validation into customer adoption and OEM agreements. It also faces liquidity, technology, regulatory, and competition risks typical of early-stage medtech and life science tools companies, where development cycles are long and outcomes are uncertain.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Liquidity risk1Commercialization risk2Technology development risk3Competition risk4Regulatory and quality risk5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Liquidity riskImpact: HighLikelihood: High

    The company relies on ongoing sales, grants, and funding to support operations before scale is reached.

    ExposureIf budgeted sales are not achievedLiquidity pressure may emerge
  2. Commercialization riskImpact: HighLikelihood: High

    Revenue depends on turning pilots and evaluations into OEM contracts and repeat orders.

    ExposureFeasibility projectsEvaluation kitsEarly customer trials
  3. Technology development riskImpact: MediumLikelihood: Medium

    The platform must continue to perform reliably across different biological workflows and customer systems.

    ExposureDiagnosticsCell therapyIndustrial particle-removal use cases
  4. Competition riskImpact: MediumLikelihood: Medium

    Customers can choose alternative sample-preparation technologies or in-house solutions.

    Exposure: OEM and research markets.

  5. Regulatory and quality riskImpact: MediumLikelihood: Medium

    Medical and life science customers require validated processes and quality systems.

    Exposure: Medical device and cell therapy applications.

Accounting

Judgemental items
Revenue recognition

Product sales, license fees, services, and project work may be recognized differently and at different times.

Impact: Can shift revenue between quarters and affect comparability.

Public grants

EU and other public contributions support innovation projects and may be recognized when conditions are met.

Impact: Can materially affect other income and R&D funding visibility.

Capitalized development and patents

Internally generated intangible assets and patent application fees are capitalized under the company's policy.

Impact: Affects asset values, amortization, and reported earnings.

Operating leases

Laboratory and office premises are leased, creating recurring lease expense.

Impact: Affects operating costs and fixed commitments.

Liquidity and accrual estimates

Management must estimate future cash needs, backlog conversion, and project timing.

Impact: Can influence going-concern assessment and expense accruals.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

AcouSort (ACOU) Revenue, Earnings & Financials 2025 – Clarifo