Micro Systemation AB (publ)

Chart & Performance

D1W1MN

P/E

27.05

P/S

2.50

EPS

1.96

Div Yield, %

2.83%

Shrs. gr., 5y

-0.05%

Rev. gr., 5y

5.64%

Revenues

405m

-2.94%

Net income

37m

+24.68%

CFO

43m

-42.67%

Dividend

Nov 13, 20250.5 SEK/sh

Profile

Micro Systemation AB (publ) provides forensic technology for mobile device examination worldwide. The company offers XRY software that retrieves information, such as pictures, SMS, call history, contact lists, and application data from smart and mobile phones, 3G modems, GPS, and tablet devices. Its XRY software products include XRY logical, a software solution that enables investigators to access and recover live and file system data from the device right on the crime scene; XRY Physical, a software solution, which is used for the physical recovery of data from mobile devices; XRY Cloud to recover data beyond the mobile device; XRY PinPoint enables users to extract and decode data from non-standard mobile devices; XRY Camera, a hardware-based solution for forensic examiners to capture photos of the examined devices and screenshots to complement XRY reports; XRY Express that provides workflow for mobile device extractions, which enables processing by field-based investigators and others; and XRY Photon, a mobile examination tool that enables text search, filtering, and other types of analysis. The company also offers XAMN Viewer, an analysis tool to open, view, analyze, or report on mobile device data; XAMN Spotlight, a tool that helps to find and analyze data; XAMN Elements for forensic data analysis and reconstruction; and XAMN Horizon primarily for the visualization of extracted data. In addition, it provides XEC Director to manage, comply with, and control forensic mobile operations; and XEC Export, a tool for users who need batch export. Further, the company offers implementation, training, and support services. Its products are used by police, law enforcement, military, and government intelligence agencies, as well as forensic laboratories to investigate crime, gather intelligence, investigate fraud, and fight corruption. Micro Systemation AB (publ) was founded in 1984 and is headquartered in Stockholm, Sweden.

URL

https://www.msab.com/

IPO date

Jun 26, 2000

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title SEK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SEK in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	404,700 -2.94%	416,949 14.87%	362,977 9.02%
Cost of revenue	261,900	40,010	261,039
Unusual Expense (Income)
NOPBT	142,800	376,939	101,938
NOPBT Margin	35.29%	90.40%	28.08%
Operating Taxes	10,200	8,655	4,323
Tax Rate	7.14%	2.30%	4.24%
NOPAT	132,600	368,284	97,615
Net income	37,400 24.68%	29,997 75.11%	17,130 -50.81%
Dividends	(27,700)	(27,703)
Dividend yield	3.23%	2.33%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	11,300	13,346	13,566
Long-term debt	78,900	77,826	97,374
Deferred revenue
Other long-term liabilities	100
Net debt	(48,000)	(41,756)	6,554
Cash flow
Cash from operating activities	43,000	75,006	50,787
CAPEX	(2,800)	(640)	(893)
Cash from investing activities	(2,800)	(640)	(893)
Cash from financing activities	(39,800)	(43,128)	(13,846)
FCF	134,205	386,533	65,185
Balance
Cash	138,200	132,928	104,386
Long term investments
Excess cash	117,965	112,081	86,237
Stockholders' equity		87,851	88,012
Invested Capital	175,600	73,644	77,841
ROIC	106.40%	486.23%	163.56%
ROCE	81.32%	233.41%	62.13%
EV
Common stock shares outstanding	18,424	18,468	18,468
Price	46.60 -27.53%	64.30 54.01%	41.75 8.72%
Market cap	858,542 -27.70%	1,187,492 54.01%	771,056 8.72%
EV	810,542	1,145,736	777,610
EBITDA	142,800	392,095	115,074
EV/EBITDA	5.68	2.92	6.76
Interest	6,200	2,062	15
Interest/NOPBT	4.34%	0.55%	0.01%