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Fortnox AB (publ) Stock Price

OM:FNOX Community·SEK 54.5b Market Cap
  • 4 Narratives written by author
  • 0 Comments on narratives written by author
  • 95 Fair Values set on narratives written by author

FNOX Share Price Performance

SEK 89.40
30.12 (50.81%)
10.6% undervalued intrinsic discount
SEK 100.02
Fair Value
SEK 89.40
30.12 (50.81%)
10.6% undervalued intrinsic discount
SEK 100.02
Fair Value
Price SEK 89.40
Investingwilly SEK 100.02
AnalystConsensusTarget SEK 79.53
AnalystLowTarget SEK 40.00

FNOX Community Narratives

Investingwilly·
Fair Value SEK 100.02 10.6% undervalued intrinsic discount

Growth Stock With a Fair Valuation

6users have liked this narrative
0users have commented on this narrative
40users have followed this narrative
AnalystConsensusTarget·
Fair Value SEK 79.53 12.4% overvalued intrinsic discount

Payments And Financial Services Will Expand Platform Engagement

0users have liked this narrative
0users have commented on this narrative
19users have followed this narrative
AnalystLowTarget·
Fair Value SEK 40 123.5% overvalued intrinsic discount

Tighter Regulation Will Squeeze Profit Margins While Upside Lingers

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative

Recent FNOX News & Updates

Fortnox AB (publ) Key Details

SEK 2.1b

Revenue

SEK 783.0m

Cost of Revenue

SEK 1.4b

Gross Profit

SEK 586.0m

Other Expenses

SEK 771.0m

Earnings

Last Reported Earnings
Mar 31, 2025
Next Reporting Earnings
Oct 23, 2025
Earnings per share (EPS)
1.26
Gross Margin
63.41%
Net Profit Margin
36.03%
Debt/Equity Ratio
0%

Fortnox AB (publ) Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Flawless balance sheet with high growth potential.

1 Risk
2 Rewards

About FNOX

Founded
1993
Employees
889
CEO
Tommy Eklund
WebsiteView website
www.fortnox.se

Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden. The company offers accounting products comprising bookkeeping, bookkeeping approval and review, supplier invoice approval, invoice data capture, fixed assets register, read, and audit access; billing products consisting of invoicing, basic invoicing, inventory, quote, order, autogiro/direct debit, and time products; business proposal products, such as business opportunities, find service provider, quote and contracts, and signing; and reporting products, including annual accounts and taxes, reconciliation and reporting, group, report and analysis, and company manager. It also provides people products comprising payroll, expense management, travel, business card, employees approval, and employee; engage products, including Insights, Start Page, ToDo, and App; payment solutions, such as payment, invoice, and reminder services; and finance services consisting of invoice factoring, business loans, invoice discounting, and financial decision support. In addition, the company offers connect products comprising integrations, developer portal, and API; collaborate products consisting of digital agency, KYC, and assignment agreement; and customer infrastructure products, such as archive storage, business mailbox, and Fortnox ID. It sells its products through accounting firms and its website. Fortnox AB (publ) was incorporated in 1993 and is headquartered in Växjö, Sweden.

Market Insight

Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
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Swedish Market Performance

  • 7 Days: 0.8%
  • 3 Months: 2.3%
  • 1 Year: 0.5%
  • Year to Date: 3.3%
In the last week, the market has been flat, with a notable exception in the Energy sector dropping 3.8%. In line with that, the market has also been flat over the past year. As for the next few years, earnings are expected to grow by 16% per annum. Market details ›