Einride to the New York Stock Exchange via SPAC – valued at 17 billion
Einride is going public in the US through a SPAC merger with Legato. The deal, expected to complete in the first half of 2026, values Einride at about SEK 17 billion.
Breakit also interviewed Eqvor in connection with the deal. CEO Filip Thunstedt said that trading in Einride had picked up after the summer, with trades as low as 20 dollars. The deal at 45 dollars means almost a tripling of the valuation from spring levels. "Einride has been the definition of a binary case – high risk, high potential. This deal really stands out," he says.
Yabie – first EBITDA-positive month
Yabie reached profitability for the first time in September thanks to focused sales, partnerships and cost control.
Key financials Q4 FY25:
• Revenue: 33.4 MSEK (+24% YoY)
• Gross profit: 25.3 MSEK (+25%)
• OPEX: 27 MSEK (–14% YoY)
Mentimeter – back to growth & profitability
The focus on enterprise customers has paid off. Mentimeter has set a new sales record with positive cash flow and EBIT.
• ARR: ~600 MSEK
• EBIT Q3: +16 MSEK (10%)
• +19% growth in the quarter
Nordiska – continued growth & expansion in Finland
The banking company Nordiska reports increased lending and higher operating income. Its subsidiary Rocker has wound up its payment institution (PI) licence, and portfolios have been acquired in Finland for 51 MEUR.
Jan–Sep 2025:
• Lending: 10,066 MSEK
• Operating income: 443.5 MSEK
• Profit: 101.1 MSEK
A3P Biomedicals – clinical progress strengthens the case
A3P shows lower revenue but a stronger clinical position. A new long-term study in European Urology shows that the company's Stockholm3 test effectively detects aggressive prostate cancer that is missed by today's PSA thresholds. The company has begun the FDA process in the US and is seeing increased sales in the UK.
Q3 2025 (July–Sep):
Revenue: 2.6 MSEK (–7%)
Gross profit: –0.9 MSEK
Profit before tax: –17.9 MSEK
Cash and cash equivalents: 177.4 MSEK
Epidemic Sound – recognised for long-term growth
The Financial Times ranks Epidemic as one of Europe's most enduring growth companies (CAGR: 55%). The platform is used in >3 billion video views per day.
Billogram + Gofido.Tech – new partnership
Billogram becomes the new payment solution for Gofido.Tech – with support for Swish (a Swedish mobile payment service), direct debit (autogiro) and interactive invoices. The focus is on flexible and user-friendly embedded insurance.
Blykalla – strengthens the team
Four new hires in technology and HR strengthen the development of SEALER One and the company's growth.
Kaunis Iron – environmental monitoring in focus
5,000 samples a year in tough terrain show the company's commitment to long-term environmental protection.
Instabee x Circle K – fossil-free partnership
Danish delivery partners get discounts on HVO and electricity – a step towards green logistics across Denmark.
Koenigsegg – new record at Laguna Seca
Sadair's Spear set a lap record despite noise restrictions. 1:24.16 – the fastest ever by a production car on the track.
Stegra – authority operation & deportations
32 people are to be deported after an extensive inspection in Boden, where breaches of the Swedish Aliens Act (utlänningslagen) were discovered.
