# ChargePanel

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/chargepanel).

## Overview

ChargePanel AB is a Stockholm-based software company founded in 2014 that develops a white-label SaaS platform for managing electric-vehicle charging networks. Its system is used by charging-network operators and related partners across the Nordics, Europe, and other international markets, and includes a driver-facing app for charging access and network use.

## Products & services

• White-label SaaS platform for EV charging network operations
• Charging network management and administration tools
• Driver app for accessing and using charging services
• Partner integrations for operators, energy firms, and hardware vendors
• EV charging software for B2B e-mobility customers

- **White-label charging platform** (88%) — Software used by customers to operate and brand EV charging networks.
- **Connected charging points** (12%) — Revenue tied to connected charging outlets and related network usage.

- White-label SaaS platform for EV charging network operations
- Charging network management and administration tools
- Driver app for accessing and using charging services
- Partner integrations for operators, energy firms, and hardware vendors
- EV charging software for B2B e-mobility customers

## Customers

ChargePanel sells primarily to B2B customers that operate or enable EV charging networks, rather than to individual drivers directly. Its users include charging operators, mobility partners, and organizations that need a branded software layer to manage charging access, billing, and network administration.

- **Charging network operators** (primary) — Buy the white-label platform to operate, monitor, and administer charging networks.
- **Energy and mobility partners** (primary) — Use the software to offer charging services under their own brand.
- **Fleet and workplace charging users** (secondary) — Adopt the platform to manage access and usage for employees or vehicles.
- **International channel partners** (secondary) — Resell or deploy the platform in local markets outside the Nordics.

- Charging network operators that need software to run stations
- Energy and mobility partners that want a branded platform
- Businesses managing workplace or fleet charging access
- International customers adopting EV charging software locally
- End drivers who use the app, but do not buy the platform directly

## Geography

ChargePanel is headquartered in Stockholm and has its strongest disclosed revenue base in Sweden, with additional business in Norway, the UK, the EU, Africa, the US, Australia, Malaysia, and other markets. The company’s model is geographically flexible because the platform can be deployed across countries, but local EV adoption, regulation, and charging ecosystems affect rollout speed and customer demand.

- **Sweden** (78.7%)
- **Norway** (2.9%)
- **United Kingdom** (10.8%)
- **EU** (5.4%)
- **Africa** (0.8%)
- **United States** (1%)
- **Australia** (0%)
- **Malaysia** (0.2%)
- **Other countries** (0.3%)

- Headquartered in Stockholm, Sweden
- Revenue is concentrated in Sweden, with smaller international markets
- Disclosed markets include Norway, the UK, EU, Africa, and the US
- Platform can be deployed across multiple countries and regions
- Local EV adoption and charging standards shape market expansion

## Strategy

ChargePanel’s strategy centers on expanding its white-label EV charging platform with a customer- and sustainability-led approach. The company aims to grow by adding strategic partners and customers across multiple geographies while keeping the platform independent of specific energy suppliers and charging hardware vendors.

- **Broaden international customer reach** (medium-term) — A software platform can be deployed across countries with limited physical footprint.
- **Deepen strategic partnerships** (short-term) — Partnerships help distribute the platform and accelerate adoption in local charging ecosystems.
- **Strengthen platform utility for operators and drivers** (medium-term) — A better operator workflow and user app improve retention and network usage.

- Expand the white-label platform across new and existing markets
- Win strategic partners that can scale the platform locally
- Keep the software hardware- and supplier-independent
- Support EV adoption through easier charging access
- Grow internationally by following customers into new geographies

## Risks

ChargePanel depends on EV adoption, customer acquisition, and the ability of its platform to remain relevant across different charging standards and markets. As a software-led B2B business, it also faces concentration risk in its home market, execution risk in international expansion, and competitive pressure from other charging software providers.

- **Customer concentration in Sweden** [high] — A large share of revenue comes from one market, so local demand changes matter.
- **Dependence on EV market growth** [high] — The platform benefits from charging-network expansion and EV adoption.
- **International execution risk** [medium] — Growth outside the Nordics requires local relationships, regulation fit, and support.
- **Technology and integration risk** [medium] — The platform must work across hardware vendors and operator systems.

- Revenue is concentrated in Sweden, creating country concentration risk
- EV adoption and charging infrastructure growth affect customer demand
- International expansion depends on local partners and market fit
- Competition in charging software can pressure pricing and retention
- Platform uptime and integration quality are critical to customer trust

## Accounting

ChargePanel reports under K3, so investors should watch how software-related revenue is recognized and how recurring platform arrangements are classified. The business also has geographically diversified but small revenue streams, which can make quarterly comparisons volatile and sensitive to timing of customer onboarding and usage.

- **SaaS revenue recognition** — Affects revenue timing and quarterly comparability
- **Contract classification and performance obligations** — Can change when and how revenue is recorded
- **Foreign currency translation** — Can affect reported revenue and other operating income
- **Seasonality and onboarding timing** — Can create uneven quarterly revenue patterns

- Revenue recognition for SaaS and network-related services
- Timing of customer onboarding can shift quarterly revenue
- Small international revenue streams can create volatility
- K3 reporting affects presentation and comparability
- Foreign exchange effects can influence reported other income

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*Last updated: 2026-08-11T04:04:51.560234+00:00*