BOMILLNasdaq StockholmSpecialty Industrial MachineryIFRS · SEK

BoMill

BoMill AB is a Swedish technology company based in Malmö that develops grain sorting equipment using near-infrared transmittance technology. Its systems are designed for integration into grain processing facilities and mobile units, with sales supported by direct channels in Europe and distributors in the Americas.

Revenue17.1m SEK
+11.4 %y/y
Operating profit (EBIT)-12.8m SEK
+24.0 %y/y
EBIT margin-74.9%
+34.9 ppy/y
Net income-16.7m SEK
+0.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-30-20-1001020m SEK2020: 0.06 m SEK20202021: 0.98 m SEK2021: EBIT -23 m SEK20212022: 0.56 m SEK2022: EBIT -25 m SEK20222023: 8.5 m SEK2023: EBIT -18 m SEK20232024: 15 m SEK2024: EBIT -17 m SEK20242025: 17 m SEK2025: EBIT -13 m SEK202517-13
RevenueOperating profit (EBIT)

Business

Share of revenue
Grain sorting equipment70 %

BoMill's core hardware systems for sorting grain kernels by structural and chemical properties.

Installation and commissioning15 %

Project-based setup and integration of BoMill systems into customer facilities or mobile units.

Service and maintenance10 %

Aftermarket support, upkeep, and maintenance for installed equipment.

Feasibility and project development5 %

Early-stage customer studies and technical validation that precede equipment sales.

Customers

BoMill sells on a B2B basis to grain processors and related food-industry operators that need to improve kernel sorting and product homogeneity. Customers typically include flour milling groups, grain processors, and operators investing in automation or processing upgrades. The company also works through distributors and local partners in some markets, especially outside Europe.

Flour milling groups

Buy BoMill systems to improve grain quality, sorting precision, and downstream processing consistency.

Grain processors

Use the equipment to sort kernels by internal quality characteristics and create more homogeneous fractions.

Integrated processing projects

Customers undertaking broader automation or plant-upgrade projects that include BoMill as one component.

Aftermarket service customers

Existing users of BoMill equipment that purchase maintenance and support services.

Distributors and channel partners

Partners in North and South America that help reach local end customers and support sales execution.

Strategy

BoMill's strategy centers on scaling its sorting platform, broadening the range of applications, and converting technical validation into commercial orders. The company is also emphasizing partnerships, recurring revenues, and local integration support to shorten adoption cycles in a conservative industry. Patent protection and continued product development are intended to reinforce differentiation in high-speed single-kernel sorting.

Broaden the platform and use casesMedium term

A wider application range makes the technology relevant to more customers and processing setups.

Convert pipeline into installations and ordersShort term

The business depends on moving customers from feasibility studies to signed sales agreements.

Build recurring revenue streamsMedium term

Service and maintenance can smooth the project-driven revenue profile and deepen customer relationships.

Scale through partners and local integrationMedium term

Local partners can reduce implementation friction in large, conservative processing organizations.

Geography

BoMill is headquartered in Malmö, Sweden, and runs direct sales in Europe through its own organization. It also uses distributors in North and South America, which broadens market access while reducing the need for a large local footprint. Reported disclosures point to installations and commercial activity in Germany and Mexico, showing that the business is built around international project execution rather than one domestic market.

Risks

BoMill faces execution risk because its sales depend on product development, supplier reliability, product liability, and distribution performance. It also faces commercial timing risk from delayed orders for BoMill Insight, which is typical for project-based industrial equipment sold into conservative end markets. Patent protection, customer adoption cycles, and dependence on a limited number of installations make the business sensitive to delays or technical setbacks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Delayed orders for BoMill Insight1Product development uncertainty2Supplier and distribution disruption3Product liability4
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. Delayed orders for BoMill InsightImpact: HighLikelihood: High

    Revenue depends on customers moving from trials and feasibility studies to final purchase decisions.

    Exposure: Project-based sales and commissioning

  2. Product development uncertaintyImpact: HighLikelihood: High

    The company must continue improving sorting performance and expanding applications to stay competitive.

    Exposure: Technology roadmap

  3. Supplier and distribution disruptionImpact: MediumLikelihood: Medium

    Hardware delivery and international rollout rely on third-party components and channel partners.

    Exposure: Equipment supply chain

  4. Product liabilityImpact: MediumLikelihood: Medium

    Industrial equipment failures or performance issues could create warranty, legal, or reputational costs.

    Exposure: Installed base and new deployments

Accounting

Judgemental items
Revenue recognition on project milestones

Equipment sales and commissioning can be recognized at different points depending on contract terms and delivery status.

Impact: Quarterly revenue volatility

Capitalized patents and intangible assets

The company invests in patents, so capitalization and amortization affect asset values and earnings.

Impact: Balance sheet and amortization expense

Tax loss carryforwards

Future tax benefits depend on whether the company generates sufficient taxable profits.

Impact: Deferred tax asset recognition

Impairment assessment

Technology and development assets may need write-downs if commercial adoption slows or expected benefits change.

Impact: Potential non-cash charges

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

BoMill Revenue, Earnings & Financials 2025 – Clarifo