Release of Clavister Q1 2022 Interim Report 

Thursday, May 12, 2022 at 08:00 CET Clavister’s Q1 Interim Report 2022 was published. The report and disclosed related materials is available below on this page right after disclosure. Disclosed related material for 2022 can also be found below on this page. Reports from previous years and can be found be at Financial Reports.

At 09:00 CET today, Clavister held a live Q1 Presentation, where our CEO, John Vestberg and our CFO, David Nordström presented the financial numbers and conclusions for the first quarter. The session included a Q&A where the audience was given the opportunity to ask their quesions. The presentation will afterwards be published in the sections below.


• Order Intake amounted to 37.0 (36.1) MSEK.
• Net Sales amounted to 32.6 (30.6) MSEK. FX adjusted Net Sales amounted to 32.1 (31.6).
• Recurring revenue grew with 15 (12) %.
• Gross Profit amounted to 27.7 (26.7) MSEK, corresponding to a gross margin of 81.9 (85.7) %.
• EBITDA amounted to -5.4 (-7.0) MSEK.
• EBIT amounted to -15.1 (-16.0) MSEK.
• Net Profit amounted to -26.2 (-26.3) MSEK and earnings per share to -0.46 (-0.49) SEK.
• Cash and cash equivalents amounted to 84.4 (110.7) MSEK.
• After the period end, Clavister AB and the European Investment Bank (EIB) have rescheduled Clavister’s repayment plan for the EUR 20 million loan facilities. The repayment schedule has been amended to an amortizing repayment plan and the repayment schedule spans the years 2023 – 2026. Repayments in 2023 will thus be reduced from EUR 15 million to EUR 0.5 million.

“A new security order in Europe drives demand in the defense vertical. The first quarter saw a nominal order intake increase, while recurring revenue grew with a solid 15%. Cost optimizations are progressing according to plan, and cash position has improved substantially in the period.”

John Vestberg, President and CEO


Clavister publishes its financial results five times a year through four quarterly interim reports and an annual report. The interim report for the fourth quarter is accompanied by a company announcement summing up the financial results for both fourth quarter and full year. You can see the dates for upcoming reports in the financial calendar.

Interim Report Q1 2022


Interim Report Q3 2022

Interim Report Q2 2022

Interim Report Q4 2022