Mynt had revenue of SEK 120.3 million in 2025 — expansion and partnerships behind the growth

Mynt AB — annual report 2025

Mynt AB reports net sales of SEK 120.3 million for the 2025 financial year, compared with 72.3 million the year before. The directors' report cites expansion into new geographical markets and new partnerships as the reason. The result for the year amounted to SEK -37.3 million.

Net sales

120.3 MSEK

2024: 72.3 MSEK

Profit/loss for the year

-37.3 MSEK

2024: -27.8 MSEK

Equity ratio

60.6%

2024: 74.3%

New markets and partnerships behind the revenue

In the directors' report, the company writes that revenue has changed as a result of Mynt expanding into new geographical markets and entering into new partnerships during the year, which together led to significant growth in transaction volumes and income. Net sales amounted to SEK 120.3 million and the average number of employees increased to 66 from 46. The report names neither the markets nor the partnerships.

The loss widened as the business grew

Operating profit amounted to SEK -41.2 million compared with -29.6 million in 2024, and personnel costs to SEK 76.1 million compared with 48.9 million. Interest income of SEK 3.9 million meant that the result after financial items came to SEK -37.3 million.

Key figures SEK thousand unless otherwise stated
20252024
Net sales120,32672,350
Profit/loss for the year-37,272-27,846
Total assets725,542553,601
Equity ratio60.6%74.3%
Average number of employees6646

New share issue of SEK 65.3 million during the year

A new share issue added SEK 65.3 million to equity, which amounted to SEK 440.0 million at year-end. Cash and bank amounted to SEK 286.2 million compared with 248.9 million at the end of 2024, and the equity ratio to 60.6 per cent. Contract receivables amounted to SEK 130.5 million compared with 125.4 million; according to the company, impairment of contract and loan receivables is made in line with historical results and collateral provided, and corresponds to 50–90 per cent of the overdue amount. The directors' report lists the following owners:

  • Svea Bank AB 13 per cent and Vor Private Opportunities SPC 13 per cent
  • MatchRace AB 11 per cent and Luminar Ventures 11 per cent
  • Aldea Capital AB 10 per cent

Source: Mynt AB, annual report for the 2025 financial year (Reg. No. 559100-8874), adopted at the annual general meeting on 5 June 2026.

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