The unlisted Stockholm company leaves its loss-making years behind: operating profit swings by SEK 76 million into the black and revenue grows by double digits — despite a strong krona that has weighed on its dollar-heavy revenue.
- Operating profit +13.0 MSEK — a turnaround from −63.0 MSEK in 2024
- Net sales 598.0 MSEK, up 12 per cent
- ARR (annual recurring revenue) 614.0 MSEK
- Free cash flow 53.8 MSEK and no interest-bearing debt
- 401.6 MSEK in cash and cash equivalents at year-end
A clear turnaround to profitability
After a year of restructuring, Mentimeter returned to profitability in 2025. Operating profit came in at 13.0 MSEK, compared with −63.0 MSEK the year before, and profit for the year was 10.2 MSEK. Growth came from both business lines: Enterprise +14 per cent and Self-Service +9 per cent.
Key figures, group, full year 2025
| 2025 | 2024 | Change | |
|---|---|---|---|
| Net sales | 598.0 MSEK | 536.2 MSEK | +12% |
| ARR | 614.0 MSEK | 567.1 MSEK | +8% |
| Operating profit (EBIT) | +13.0 MSEK | −63.0 MSEK | +76.0 MSEK |
| Profit for the year | 10.2 MSEK | −46.4 MSEK | +56.7 MSEK |
| Cash and cash equivalents | 401.6 MSEK | 360.1 MSEK | +11.5% |
The business model, in which customers are invoiced in advance for their licences, means the company is financed entirely by customer prepayments and therefore has no interest-bearing debt. At year-end it had 401.6 MSEK in cash, and free cash flow amounted to 53.8 MSEK. No dividend is proposed — the profit is reinvested in continued growth.
About Mentimeter
Founded in Stockholm in 2014. A platform for interactive presentations with more than 2,700 business customers, around 20 million monthly users and 387 employees in Stockholm, Toronto and Sydney.
Source: Mentimeter AB (publ), Annual report and consolidated accounts 2025.
