PRCO-BNasdaq StockholmInformation Technology ServicesIFRS · SEK

Precio Fishbone

Precio Fishbone is a Swedish IT consulting and software development company with operations centered in Sweden and additional offices in Vietnam and the Netherlands. It develops SaaS solutions, packaged software, and custom IT systems, and also provides advisory, project management, Microsoft 365, integration, data analytics, and mobility services.

Revenue169m SEK
−2.4 %y/y
Operating profit (EBIT)6.1m SEK
−37.0 %y/y
EBIT margin3.6%
−2.0 ppy/y
Net income21.2m SEK
+111.3 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05,00010,00015,00020,00025,000m SEK2020: 250 m SEK2020: EBIT 28 m SEK20202021: 249 m SEK2021: EBIT 23,298 m SEK20212022: 260 m SEK2022: EBIT 20,981 m SEK20222023: 213 m SEK2023: EBIT 22,295 m SEK20232024: 173 m SEK2024: EBIT 9.8 m SEK20242025: 169 m SEK2025: EBIT 6.1 m SEK20251696.1
RevenueOperating profit (EBIT)

Business

Share of revenue
SaaS solutions20 %

Cloud-based software products delivered as recurring services.

Packaged and custom IT solutions35 %

Standardized and tailored software systems built for client needs.

Microsoft 365 and platform services20 %

Implementation, support, and advisory services around Microsoft 365.

Integration and data analytics15 %

System integration, reporting, and analytics work across client environments.

Project management and maintenance services10 %

Consulting, project leadership, and ongoing functional support engagements.

Customers

Precio Fishbone serves public-sector organizations and a mix of private-sector clients that need business-oriented IT solutions. The company’s work is typically bought by organizations seeking software that fits specific workflows, integrates existing systems, or supports Microsoft-based environments.

Public sector

Government agencies, regions, and municipalities buying systems and support for operations and service delivery.

Service companies

Private service businesses buying custom software, integration, and Microsoft-based solutions.

Nonprofit organizations

Associations and nonprofit entities buying cost-effective digital tools and support services.

Other enterprise clients

Organizations buying project management, analytics, and maintenance engagements.

Strategy

Precio Fishbone’s strategy is built around combining domain understanding with technical delivery, especially in public-sector and business-critical IT environments. The company emphasizes a mix of SaaS, packaged solutions, and specialist services so it can address both recurring software needs and project-based client demand.

Strengthen public-sector positionShort term

Public-sector clients are the largest customer group and a major source of recurring demand.

Grow software-led offeringsMedium term

SaaS and packaged solutions can improve scalability versus pure consulting.

Broaden specialist service depthMedium term

Microsoft 365, integration, and analytics services support cross-selling and client retention.

Geography

The company is headquartered in Sweden and operates from six Swedish locations, including Stockholm, Göteborg, Örebro, Eskilstuna, Gävle, and Umeå. It also maintains offices in Ho Chi Minh City and Amsterdam, which support delivery capacity and access to international talent.

Risks

The business depends on project demand and customer budgets, especially in public-sector procurement where timing and volumes can vary. It also faces execution risk from delivering customized IT work across multiple sites and from competition in consulting, software development, and Microsoft ecosystem services.

Sorted by severity
Dependence on public-sector demandHigh

Public sector is the largest customer group, so procurement timing and budget changes matter.

ExposurePublic agenciesRegionsMunicipalities
Project delivery and implementation riskHigh

Custom software and integration work can face scope changes, delays, or defects.

ExposureSaaSCustom ITMaintenance engagements
Competitive pressure in IT servicesMedium

The company competes with other consultancies and software vendors for similar clients.

ExposureMicrosoft 365IntegrationAnalyticsPublic-sector IT
Geographic delivery complexityMedium

Operations span Sweden, Vietnam, and the Netherlands, increasing coordination needs.

Exposure: Multi-site delivery and staffing

Accounting

Judgemental items
Revenue recognition across SaaS, projects, and services

Different contract types may be recognized over time or at a point in time, affecting comparability.

Impact: Revenue timing and quarterly volatility

Contract assets and liabilities

Work performed before billing or advance billings can materially affect the balance sheet.

Impact: Working capital and revenue timing

Software and intangible asset impairment

Capitalized development or acquired intangibles require periodic impairment testing.

Impact: Earnings and equity

Lease accounting

Multiple offices create lease balances and depreciation/interest effects under IFRS 16.

Impact: EBITDA, debt-like liabilities, and cash flow presentation

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Precio Fishbone (PRCO-B) Revenue, Earnings & Financials 2025 – Clarifo