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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
SECITS
SECITS (SECI) investor relations material
SECITS has been delisted
SECITS Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary27 Feb, 2025
Executive summary
Revenue for Q4 2024 was 19,887 KSEK, down from 28,151 KSEK year-over-year, reflecting restructuring and reduced B2C sales force.
EBITDA for Q4 2024 was -7,089 KSEK, compared to -6,707 KSEK in Q4 2023.
The company initiated restructuring for two subsidiaries and placed another in bankruptcy during the quarter.
Cost reductions of 7.8 MSEK were achieved compared to the same period last year.
Operational improvements and efficiency measures have stabilized liquidity and are expected to support future growth.
Financial highlights
Full-year 2024 revenue was 97,469 KSEK, down from 122,111 KSEK in 2023.
Full-year EBITDA was -10,043 KSEK, compared to -7,903 KSEK in 2023.
Cash flow from operations before working capital changes was -9,971 KSEK in Q4 2024, versus -7,395 KSEK in Q4 2023.
Net result per share for Q4 2024 was -0.04 SEK, improved from -0.21 SEK in Q4 2023.
Equity at year-end was 7,741 KSEK, down from 33,456 KSEK at the end of 2023.
Outlook and guidance
Restructuring plans are expected to secure a sustainable and positive future for the group.
Cost-saving measures and operational efficiencies are anticipated to continue yielding positive effects in 2025.
After restructuring, increased customer interest and sales are expected to drive improved results.
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Frequently asked questions
SECITS Holding AB is a Sweden-based information technology security company specializing in cloud-based monitoring services. The company's offerings include camera surveillance, bank security, process monitoring, and a proprietary cloud service for safe monitoring. Their customer base includes banks, authorities, property owners, industries, construction sectors, public transport, and logistics companies. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.