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Cascade Drives Stock

IndustryComponents & toolsTechnologyHardware
Cascade Drives is a Swedish company active in advanced technology development for battery-powered vehicles. The technology they have developed and sell replaces hydraulics in, among other things, electric vehicles, but can also be used in an industrial context.

Public company

05/12/2024

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Cascade Drives

Cascade Drives is a Swedish company active in advanced technology development for battery-powered vehicles. The technology they have developed and sell replaces hydraulics in, among other things, electric vehicles, but can also be used in an industrial context.

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  • Selling and buying shares in Cascade Drives AB is possible through our convenient unlisted shares platform. 
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Cascade Drives is connected to Euroclear, after execution of the order, the shares are delivered to your custody account at any bank or securities company.

About the share

Info from the financial statements 2023
Name

Cascade Drives AB

Org. Number

556981-8478

Result after net financial items

SEK -28 329 THOUSAND

Turnover

5 450 TSEK

Number of shares

19 680 696 st

Profit before tax

SEK -28 329 THOUSAND

Dividends

Current liabilities

7 878 TSEK

Long-term liabilities

-

Dividend per share

-

10 largest shareholders Cascade Drives

Info from Euroclear

Name

capital

Name

capital

  • Inovacor AB

    17.82%

  • THE INDUSTRIAL FOUNDATION

    15,72%

  • ABN AMRO SWEDEN CLIENT

    9,64%

  • Aktieinvest FK

    8,22%

  • Almi Invest GreenTech AB

    4,59%

  • Breiteq AB

    4,1%

  • SVP Cascade Drives Limited Partnership

    3,77%

  • GAEU Ventures AB

    2,53%

  • RPlim Fastighets AB

    2,06%

  • PER WINNBERG

    1,73%

Last updated on 27-03-2025

About the pipeline

Financial reports and press releases

Cascade Drives electrifies heavy industrial applications

Cascade Drives is a Swedish technology company founded in 2014, specialized in developing and manufacturing electromechanical actuators to replace hydraulics in heavy industrial applications. The company's patented technology enables significant energy savings and reduced environmental impact, while increasing productivity.

What are 'electromechanical actuators' and 'hydraulics'?

Electromechanical actuators are a type of machine component used to create movement, for example to push, pull or lift something, by using electricity instead of hydraulics (fluid pressure).

Hydraulics is a common technology in heavy machinery such as excavators and tractors, where fluid is pumped through systems to generate power. Electromechanical actuators, on the other hand, use electric motors and mechanical parts such as gears and screws to do the same job.

The advantages of electromechanical actuators are that they are more energy efficient, easier to maintain, and can be more environmentally friendly as they do not require oil or fluid like hydraulic systems do. They are thus a modern alternative to replace traditional hydraulic systems in heavy industrial machinery and equipment.

Products and technology

Cascade Drives' ambition is to become a key player in the transition to electrified and sustainable solutions in heavy industrial applications, focusing on delivering increased efficiency, reduced environmental impact and improved performance.

Electromechanical actuators: These high-performance linear motion systems are designed to replace hydraulic cylinders in heavy machinery and industrial equipment. They offer advantages such as high speed, precision and ability to handle large loads, enabling electrification of functions such as lifting, tipping and lateral movement in material handling equipment.

cdGear technology: An innovative gear technology that revolutionizes traditional gears by enabling powerful linear motion with high energy efficiency and precision. This technology reduces the need for larger and heavier gears, resulting in more compact and efficient systems that can handle higher forces without increasing weight or complexity.

TruEPS™ (Electric Power Steering)TruEPS™ : An electric steering system developed for heavy commercial vehicles, including electric and autonomous platforms. TruEPS™ replaces hydraulic servo systems and offers advantages such as compact design, efficiency, fast response and high accuracy. The system is specifically designed to resist wear from shock loads, increasing its durability and reducing maintenance needs.

Financial developments

2021: turnover increased to approximately 1.6 MSEK

2022: turnover increased to approximately SEK 5.1 million 

2023: turnover increased to approximately 5.5 MSEK 

Cascade Drives has increased its turnover in recent years, while attracting capital to strengthen its market position. The capital will be used to accelerate commercialization and expand the company's operations. With a growing demand for sustainable and electrified alternatives in industrial sectors, Cascade Drives is well positioned to continue its growth journey and contribute to a more energy efficient future.

The future

The company had a turnover of approximately SEK 5.5 million in 2023. With support from investors such as Industrifonden and Almi Invest GreenTech, Cascade Drives is committed to expanding globally and scaling up production. The company is focusing on further developing its technology and meeting the growing demand for electrified, sustainable solutions in heavy industry.

How to buy shares in Cascade Drives

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In addition to Cascade Drives, we have also helped investors buy and sell shares in other exciting unlisted companies in sectors such as 

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Within technology and innovation: Dirac Research, Exeger, Sana Labs, Quartr and Virtune. I the consumer and lifestyle segment: CDLP, Estrid and Marshall.

Under transport and vehicle technology there are Einride, Voi, XShore, Koenigsegg and Candela. Within energy and sustainability: Blykalla and Svea Solar.

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Frequently asked questions and answers about Cascade Drives

01

Is Cascade Drives listed on the stock exchange?

No, Cascade Drives is not listed on the stock exchange. If you want to buy shares before listing, you can do so at Eqvor.com

02

Is Cascade Drives affiliated with Euroclear?

Yes, Cascade Drives is connected to Euroclear, which means you can hold your shares in a regular share depository.

03

At what price is Cascade Drives trading?

Log in to Eqvor.com to access the latest Cascade Drives courses.

04

When will Cascade Drives go public?

There is no set date for the IPO at this stage.

05

Can I hold Cascade Drive shares on Avanza?

Yes, you can keep the shares in a regular share depository at Avanza.

06

What is the valuation of Cascade Drive?

To see the valuation of Cascade Drive create an account on Eqvor and you will see the current valuation at the top of this page under the heading "Market capitalization" this valuation is calculated based on the last trade in the stock.

07

When did Cascade Drive last issue?

To see the latest issue in Cascade Drive log in to Eqvor and look at the graph, where you will see a purple dot in the graph for each issue with the capital raised and the share price at each issue.

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