Airmee shares
Unlisted company
Airmiz AB is a technology-driven logistics company offering last-mile deliveries to e-commerce companies in the Nordic region under the Airmee brand. The company was founded in 2018 by Julian Lee and Adrian Prelipcean, whose background in transport science at KTH laid the foundation for the proprietary Smart Logistics Platform. The platform optimizes deliveries in real time across multiple regions, hubs, carriers and couriers, with the aim of minimizing driving distance and maximizing vehicle utilization.
How the company makes money
Revenue is generated per delivered shipment and is offered through two pricing models: a subscription-based fixed-price model for smaller retailers with up to 500 deliveries per month, and a volume-based variable model with tiered pricing for medium-sized and large customers. Customers are e-commerce companies across a broad range of industries, with reference customers including Amazon, Acne Studios, Apotea and Adlibris. Deliveries are carried out by contracted carriers and couriers that meet Airmee’s requirements; the company does not own any vehicles.
The services
The service offering includes home delivery with daytime, evening and express options seven days a week, delivery to outdoor lockers with 24/7 access, and collection of returns directly from the consumer’s home. All services are supported by the Airmee app, where consumers can track deliveries in real time, change delivery information and contact support. Retailers manage flows through a retailer dashboard integrated with the leading TMS platforms.
Markets and structure
Airmee operates primarily in the Swedish market, with operations in Denmark and Norway through wholly owned subsidiaries. The parent company is responsible for platform development and customer relationships, while the local subsidiaries conduct operations in their respective markets.
Growth strategy
The growth strategy is based on increasing volumes from existing customers, signing new e-commerce companies and further developing the service offering. The company is expanding its delivery network with locker deliveries as a complement to home deliveries, and the platform is designed to scale without a proportional increase in costs.
Platform and services
Real-time optimization of the entire delivery chain
Home delivery, locker delivery and returns
Fossil-free or zero-emission deliveries
Scalable model with improved unit economics
Revenue and market
Subscription or volume-based pricing
No company-owned vehicles, contracted carriers
Sweden, Denmark and Norway
Financial performance
Published 6 October 2026Published figures from the company’s own reports. Amounts in MSEK · change from the previous year
- Operating cash flow
- 18MSEK
- Net sales
- 530MSEK
- Equity ratio
- 1%
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Net sales | 530(+46.2 %) | 362(+11.4 %) | 325(+24.1 %) | 262(+44.8 %) |
| Revenue growth | 46.2%(+34.8 pp) | 11.4%(-12.7 pp) | 24.1%(-20.7 pp) | 44.8%(-58.3 pp) |
| EBITDA | -13 | -30 | -48 | -96 |
| EBIT | -22 | -37 | -54 | -102 |
| Net income | -1.6 | -38 | -56 | -103 |
| Equity | – | 2.4(-90.6 %) | 25(-18.6 %) | 31(-43.6 %) |
| Cash and bank | – | 15(+854.2 %) | 1.6(-93.1 %) | 23(-28.2 %) |
| Operating cash flow | 18(+206.2 %) | 6 | -58 | -79 |
| Equity ratio | 1%(-1 pp) | 2%(-19 pp) | 21% | – |
Documents and reports
4New share issues
Latest 1An overview of the company’s capital raising.
| Date | Capital raised | Valuation |
|---|---|---|
| SEK 13m | SEK 226m |
Questions about Airmee
Is Airmee publicly listed?
No, Airmee is a private company and is not publicly listed. The company has not completed an IPO, and its shares are therefore not traded on a regulated stock exchange, but through the private market.
What does Airmee do?
Airmee is a Swedish technology and logistics company that offers last-mile deliveries to e-commerce companies under the Airmee brand. The company uses a proprietary platform for route optimisation and real-time tracking, and deliveries are carried out by contracted hauliers in Sweden and Denmark.
Can I buy shares in Airmee?
Yes, it is possible to buy shares in Airmee through private share trading, provided that there are sellers. Through Eqvor, you can place a buy order and be matched with existing sellers in the company.
How do I sell Airmee shares?
If you already own shares in Airmee, you can place a sell order via Eqvor and be matched with buyers. Once the transaction has been completed, the shares are transferred in accordance with the company’s Euroclear-connected custody structure.
Is Airmee affiliated with Euroclear?
Yes, Airmee is affiliated with Euroclear. This means that the shares are registered in the Swedish securities system and can be managed through traditional custody structures once the transaction has been completed.
Can I hold Airmee shares with Avanza or Nordnet?
Since Airmee is affiliated with Euroclear, the shares can generally be held in a standard securities account with, for example, Avanza or Nordnet, provided that the bank or online broker supports the custody of unlisted shares.
Are there any rights of first refusal or pre-emption clauses in Airmee?
Yes, Airmee is subject to rights of first refusal or pre-emption rights. This means that share transfers may need to be handled in accordance with specific terms before the shares are sold to an external buyer.
At what price is Airmee's share traded?
As Airmee is unlisted, there is no official stock market price on a regulated marketplace. Instead, the price is determined by supply and demand between buyers and sellers in the private market.
Has Airmee conducted any share issues?
Yes, Airmee has raised capital. Airmee's Capital raised is stated as SEK 278.4 million, which shows how much capital the company has raised through previous financing rounds.
When will Airmee go public?
There is currently no officially announced timeline for Airmee to go public. We therefore do not know when Airmee may be listed or whether the company will conduct an IPO.
What risks are associated with investing in Airmee?
Investing in Airmee involves risk, just like other investments in unlisted shares. Liquidity is generally lower than for listed shares, information disclosure is more limited, and it may take longer to sell the shares. Airmee’s value may also be affected by competition, transportation costs, customer agreements, profitability, and developments in e-commerce and last-mile logistics.
Where can I find Airmee's annual report?
Airmee's annual report can be found under Investor Relations and Financial Reports. The company's annual reports are available there for download.
How much capital has Airmee raised in total?
Airmee's Capital raised is reported as SEK 278.4 million. An equity raise is an English term for raising capital, while Swedish commonly uses terms such as funding round, financing or new share issue.
Has Airmee reported a profit or loss?
Airmee reports a negative result in the latest available information. Under Key figures, EBITDA is stated as -9,839 TSEK and Profit/loss for the year as -24,051 TSEK. The company’s earnings development is also shown in the Profit/loss per year graph.