SPOTRNasdaq StockholmSoftware - ApplicationIFRS · SEK

Spotr Group

Spotr Group AB is a Swedish IT and technology group built around two business lines: a platform business with scalable digital solutions and recurring revenue, and a consulting business made up of IT consulting companies. The group combines ownership of operating companies with shared support functions and capital, while allowing each business to remain operationally independent.

Revenue2.8m SEK
−45.1 %y/y
Operating profit (EBIT)-20.2m SEK
+5.5 %y/y
EBIT margin-717.6%
−300.5 ppy/y
Net income-8.5m SEK
+60.3 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-30-20-10010m SEK2020: 7.0 m SEK20202021: 5.5 m SEK20212022: 7.9 m SEK2022: EBIT -8.8 m SEK20222023: 7.9 m SEK2023: EBIT -6.2 m SEK20232024: 5.1 m SEK2024: EBIT -21 m SEK20242025: 2.8 m SEK2025: EBIT -20 m SEK20252.8-20
RevenueOperating profit (EBIT)

Business

Share of revenue
Platform solutions45 %

Digital products and services designed to generate recurring revenue.

IT consulting45 %

Specialist consulting services delivered by operating IT companies in the group.

Group support and capital10 %

Central support, acquisition capability, and shared resources provided to subsidiaries.

Customers

Spotr Group sells to organizations that need digital development, technical expertise, and ongoing support rather than one-off software delivery. Its customer base is split between users of platform-based digital solutions and clients of the group’s consulting companies, with the latter typically buying specialist IT capacity and project execution. The group model also serves entrepreneurs and founders inside acquired businesses by giving them capital, infrastructure, and administrative support.

Platform customers

Buy recurring digital solutions and services that are delivered through the platform business.

IT consulting clients

Buy specialist IT expertise, development, and project execution from consulting subsidiaries.

Entrepreneur-led portfolio companies

Receive capital and shared services to scale while keeping operational autonomy.

Strategy

Spotr Group’s strategy is to build a group of independent, profitable companies through acquisitions and organic growth. It aims to combine entrepreneurial ownership with shared group resources so subsidiaries can focus on delivery while the parent company provides capital, governance, and back-office support.

Build a portfolio of independent operating companiesMedium term

Diversifies the group and creates a platform for compound growth through acquisitions and organic expansion.

Expand recurring platform revenueMedium term

Recurring ARR improves visibility and supports a more scalable business model.

Provide shared services and capitalShort term

Central support reduces friction and lets operating companies focus on customers and delivery.

Geography

Spotr Group is headquartered in Sweden and reports as a Swedish listed group. The available reports do not provide a country revenue split, but the business is clearly organized around Swedish operations and acquisitions. Geography matters mainly through exposure to the Swedish IT market, local labor availability, and any cross-border effects from currency and macroeconomic conditions.

Risks

Spotr Group is exposed to the usual risks of a small listed IT group: demand swings in the app and technology market, competition for talent and clients, and sensitivity to macroeconomic conditions. Because the model combines acquisitions, consulting, and platform revenue, execution risk, integration risk, and dependence on continued growth in the underlying businesses are all material.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market demand for apps and digital services1Macroeconomic and political conditions3
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. Market demand for apps and digital servicesImpact: HighLikelihood: Medium

    The company explicitly cites general app-market development as a risk, and demand can fluctuate with customer budgets.

    Exposure: Platform business and consulting clients

  2. CompetitionImpact: High

    IT consulting and digital solutions are competitive markets where pricing and talent are key differentiators.

    Exposure: Both business lines

  3. Macroeconomic and political conditionsImpact: MediumLikelihood: High

    Customer spending, financing conditions, and cross-border operations can be affected by broader economic and political shifts.

    Exposure: Group-wide

  4. Foreign exchange and interest-rate volatilityImpact: Medium

    The reports explicitly mention currency and interest-rate fluctuations as risk factors.

    Exposure: Financial results and acquisition financing

Accounting

Judgemental items
K3 consolidation and acquisition accounting

The group model depends on acquiring and consolidating subsidiaries, so purchase accounting and non-controlling interests matter.

Impact: Can materially affect reported assets, goodwill/intangibles, and earnings

Intangible asset impairment

The balance sheet shows significant intangible assets, which require ongoing recoverability assessment.

Impact: Impairment charges could reduce equity and earnings

Revenue recognition across business lines

Recurring platform revenue and consulting revenue may have different recognition patterns and timing.

Impact: Affects quarterly revenue comparability and ARR interpretation

Seasonality and acquisition timing

The group’s results can change materially as new subsidiaries are added or as consulting activity fluctuates.

Impact: Can distort quarter-to-quarter growth rates

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Spotr Group (SPOTR) Revenue, Earnings & Financials 2025 – Clarifo