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Freja eID Group AB (SE:FREJA)
:FREJA
Sweden Market
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Freja eID Group AB (FREJA) Price & Analysis

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FREJA Stock Chart & Stats

kr14.90
kr0.12(1.24%)
At close: 4:00 PM EST
kr14.90
kr0.12(1.24%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthSustained top-line growth indicates expanding adoption of Freja eID’s B2B/B2G platform and rising transaction volumes. Over 2–6 months this supports scale economics, deeper integration with relying parties, and a larger addressable base that can drive recurring usage-based and subscription revenues.
Improved Cash GenerationConversion to positive EBITDA and operating cash flow marks a structural improvement in operations and working capital. Durable positive OCF increases financial flexibility to fund product development and sales, reducing reliance on external financing over the medium term.
Stronger Balance SheetMaterial deleveraging and return to positive equity reduce solvency risk and borrowing constraints. A healthier balance sheet supports multi-quarter investments, partnership negotiations and resilience to volatility, enabling steadier execution of the growth strategy.
Bears Say
Negative Gross MarginA persistently negative gross margin means core unit economics do not yet cover direct costs of delivering eID services. Over months this limits sustainable profitability as revenue growth alone cannot offset per-transaction losses without pricing, cost or product mix improvements.
Persistent Net LossesOngoing net losses and deeply negative ROE indicate the company still destroys shareholder capital. This undermines internal funding capacity for scaling, pressures margin improvement timelines, and may force dilution or external financing if losses persist beyond several quarters.
Volatile Free Cash FlowInconsistent FCF points to uneven conversion of operational gains into discretionary cash. This volatility hampers reliable investment planning, increases refinancing risk during down periods, and makes multi-quarter execution of sales or product initiatives harder to sustain.

FREJA FAQ

What was Freja eID Group AB’s price range in the past 12 months?
Freja eID Group AB lowest stock price was kr9.54 and its highest was kr19.85 in the past 12 months.
    What is Freja eID Group AB’s market cap?
    Freja eID Group AB’s market cap is kr475.54M.
      When is Freja eID Group AB’s upcoming earnings report date?
      Freja eID Group AB’s upcoming earnings report date is Aug 13, 2026 which is in 85 days.
        How were Freja eID Group AB’s earnings last quarter?
        Freja eID Group AB released its earnings results on May 07, 2026. The company reported -kr0.082 earnings per share for the quarter, beating the consensus estimate of -kr0.1 by kr0.018.
          Is Freja eID Group AB overvalued?
          According to Wall Street analysts Freja eID Group AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Freja eID Group AB pay dividends?
            Freja eID Group AB does not currently pay dividends.
            What is Freja eID Group AB’s EPS estimate?
            Freja eID Group AB’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Freja eID Group AB have?
            Freja eID Group AB has 28,560,974 shares outstanding.
              What happened to Freja eID Group AB’s price movement after its last earnings report?
              Freja eID Group AB reported an EPS of -kr0.082 in its last earnings report, beating expectations of -kr0.1. Following the earnings report the stock price went up 0.968%.
                Which hedge fund is a major shareholder of Freja eID Group AB?
                Currently, no hedge funds are holding shares in SE:FREJA
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Freja eID Group AB

                  Freja eID Group AB (publ), an IT security company, provides security solutions for banking, government, and businesses worldwide. It offers Freja eID, an eco-system for identities; Freja ID to provide secure access to management teams or other key persons; Freja Self-Service Portal, which simplifies the process of user enrolment; Freja Connect, an identity provider that connects internal authentication system to the outside world; Freja Mobile to provide elevated levels of security and user convenience for login and signing; login devices, such as one-button, keyboard, card, USB, and mobile tokens, as well as Freja Mobile, SMS and email, code cards, and Google authenticators; and Pinelope, a software to create personal identification number (PIN) mailers used to distribute passwords or PINs. The company also provides Chiave Key Management Facility, a key management solution to support the common key types used by banks and payment processors; Chiave Registration Authority that generates cryptographic keys and certificates; and Chiave POS, a system for managing personalization of POS terminals. In addition, it offers general purpose hardware security modules (HSM) that enable companies to add hardware security to critical applications, such as public key infrastructures, databases, and Web and application servers; payment HSMs to secure payments and transactions; and transparent and network encryption products. Further, it provides Verisec Platform of Digital Trust, a platform, which provides a range of tools for securing identities and data; and fulfilment and programming, distribution and logistics, ordering and warehousing, printing and packaging, return handling and warranty management, code management, and training services, as well as various courses. The company was formerly known as Verisec AB (publ) and changed its name to Freja eID Group AB (publ) in November 2020. Freja eID Group AB (publ) was founded in 2002 and is headquartered in Stockholm, Sweden.

                  Freja eID Group AB (FREJA) Earnings & Revenues

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