Cash GenerationConsistent positive operating and free cash flow, with a step-up in 2025 and FCF/net income ~0.93, shows durable cash-generation. This supports reinvestment, shareholder returns and reduces reliance on external financing, improving operational flexibility over the next several months.

Modest LeverageModest leverage (debt-to-equity ~0.30 and limited prior debt) lowers financial risk and interest burden. That balance-sheet flexibility makes it easier to fund product development, customer success or selective M&A without stressing operations, supporting medium-term strategic options.

Consistent ProfitabilitySustained positive earnings and improving net margin (to ~14.8% in 2025), alongside notable EPS growth, indicate operational scalability of the SaaS model. Continued profitability underpins reinvestment capacity and supports durable cash flows and dividend potential over the medium term.

Bears Say

Gross Margin CollapseA sharp structural decline in gross margin (to ~18.5% in 2025 from ~61–65% historically) materially weakens unit economics. If persistent, this alters SaaS profitability dynamics, reduces margin sustainability and raises questions about cost structure, pricing or revenue mix that affect long-term earnings quality.

Revenue VolatilityAn extreme revenue swing (−4.8% in 2024 to +265.6% in 2025) suggests one-off items, recognition shifts or acquisitions. This non-linear pattern complicates forecasting, weakens visibility into recurring subscription growth and makes stable margin planning and capacity investments riskier.

Eroding Equity BufferA declining equity base amid stable or rising assets reduces balance-sheet cushioning. Even with modest debt, lower equity shrinks shock absorption capacity, could limit future capital returns or investment flexibility, and raises the chance of needing external financing if headwinds persist.

UPSALE FAQ

What was Upsales Technology AB’s price range in the past 12 months?

Upsales Technology AB lowest stock price was kr21.00 and its highest was kr43.00 in the past 12 months.

What is Upsales Technology AB’s market cap?

Upsales Technology AB’s market cap is kr387.28M.

When is Upsales Technology AB’s upcoming earnings report date?

Upsales Technology AB’s upcoming earnings report date is Apr 22, 2026 which is in 46 days.

How were Upsales Technology AB’s earnings last quarter?

Upsales Technology AB released its earnings results on Feb 18, 2026. The company reported kr0.342 earnings per share for the quarter, beating the consensus estimate of N/A by kr0.342.

Is Upsales Technology AB overvalued?

According to Wall Street analysts Upsales Technology AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Upsales Technology AB pay dividends?

Upsales Technology AB pays a Annually dividend of kr1.5 which represents an annual dividend yield of 4.69%. See more information on Upsales Technology AB dividends here

What is Upsales Technology AB’s EPS estimate?

Upsales Technology AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Upsales Technology AB have?

Upsales Technology AB has 16,838,375 shares outstanding.

What happened to Upsales Technology AB’s price movement after its last earnings report?

Upsales Technology AB reported an EPS of kr0.342 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 3.448%.

Which hedge fund is a major shareholder of Upsales Technology AB?

Currently, no hedge funds are holding shares in SE:UPSALE

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

Upsales Technology AB

Upsales Technology AB (publ) operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analytics in Sweden and internationally. It offers Upsales platform, which provides database; analyzes sales history and gives suggestions on actions to win more deals; offers AI-based lead recommendations; helps discover untapped companies in customers' corporate networks; sets data-driven targets with AI-based accuracy, as well as provides automated forecasts and alerts for tracking pipeline activity; identifies customers on multiple boards for new sales opportunities; analyzes complex sales targets, including revenue recognition, subscription ARR/MRR, and profit margin; offers upsell and cross-sell alerts; and extracts sales data. The company also integrates for third party apps. Upsales Technology AB (publ) was founded in 2003 and is based in Stockholm, Sweden.