Cash flow Tobii Dynavox AB

Equities

DYVOX

SE0017105620

Integrated Hardware & Software

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-01-23 pm EST			5-day change	1st Jan Change
96.60 ^SEK	+0.16%		-7.82%	-5.29%

Jan. 23	Carnegie Fonder Increases Its Stake in Dynavox to Over 5 Percent	FW
Jan. 21	Ferd Surpasses 5 Percent Stake in Dynavox	FW

1ee6e4259cdab2f2f7a4caa.lmLSFREKynalVGWxrBaZzK4JFr37bqdk0_nRh_F1un4.5yGAIyBE5xH8YAvhmiH8hOpvL_iDOdIntZam_YEGjjHhM5pFWHOkH8Y3Ag

Published financial data: TOBII DYNAVOX AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	895M	872M	1.22B	1.61B	1.97B
Total Revenues	895M	872M	1.22B	1.61B	1.97B
Cost of Goods Sold, Total	304M	301M	428M	519M	616M
Gross Profit	592M	571M	788M	1.09B	1.36B
Selling General & Admin Expenses, Total	356M	396M	581M	781M	952M
R&D Expenses	109M	117M	132M	164M	184M
Other Operating Expenses	-10.2M	-900K	-7.5M	-10.6M	-8M
Other Operating Expenses, Total	454M	513M	706M	934M	1.13B
Operating Income	137M	57.9M	82.3M	160M	229M
Interest Expense, Total	-22.4M	-19.4M	-21.7M	-39.9M	-49.8M
Interest And Investment Income	300K	300K	1M	1.3M	1.8M
Net Interest Expenses	-22.1M	-19.1M	-20.7M	-38.6M	-48M
Currency Exchange Gains (Loss)	-12M	1.6M	700K	-500K	-4.6M
Other Non Operating Income (Expenses)	100K	0	-2.6M	-2.1M	1.5M
EBT, Excl. Unusual Items	103M	40.4M	59.7M	119M	178M
Gain (Loss) On Sale Of Investments	-	-	-	-	-600K
Gain (Loss) On Sale Of Assets	-	100K	-	-	-
Other Unusual Items	-	-	-6M	-	-
EBT, Incl. Unusual Items	103M	40.5M	53.7M	119M	177M
Income Tax Expense	-26.5M	10.7M	5.1M	15M	31.1M
Earnings From Continuing Operations	130M	29.8M	48.6M	104M	146M
Net Income to Company	130M	29.8M	48.6M	104M	146M
Net Income - (IS)	130M	29.8M	48.6M	104M	146M
Net Income to Common Incl Extra Items	130M	29.8M	48.6M	104M	146M
Net Income to Common Excl. Extra Items	130M	29.8M	48.6M	104M	146M
Per Share Items
Net EPS - Basic	1.3	0.3	0.46	0.99	1.39
Basic EPS - Continuing Operations	1.3	0.3	0.46	0.99	1.39
Basic Weighted Average Shares Outstanding	99.8M	100M	105M	105M	105M
Net EPS - Diluted	1.3	0.3	0.46	0.98	1.37
Diluted EPS - Continuing Operations	1.3	0.3	0.46	0.98	1.37
Diluted Weighted Average Shares Outstanding	99.8M	100M	105M	107M	106M
Normalized Basic EPS	0.65	0.25	0.36	0.71	1.06
Normalized Diluted EPS	0.65	0.25	0.35	0.7	1.04
Supplemental Items
EBITDA	156M	79.3M	110M	205M	290M
EBITA	137M	58.4M	86.8M	171M	247M
EBIT	137M	57.9M	82.3M	160M	229M
EBITDAR	156M	79.7M	110M	206M	-
Effective Tax Rate - (Ratio)	-25.65	26.42	9.5	12.59	17.58
Total Current Taxes	14M	5.1M	4.6M	12.6M	45M
Total Deferred Taxes	-40.5M	5.6M	500K	2.3M	-13.9M
Normalized Net Income	64.56M	25.25M	37.31M	74.44M	111M
Interest Capitalized	-	-	600K	500K	1.6M
Interest on Long-Term Debt	3.1M	3.8M	4.3M	4.1M	5.9M
Supplemental Operating Expense Items
Selling and Marketing Expenses	288M	313M	451M	585M	710M
General and Administrative Expenses	67.9M	83.6M	130M	196M	242M
Research And Development Expense From Footnotes	122M	180M	218M	260M	298M
Net Rental Expense, Total	200K	400K	200K	1.1M	-
Imputed Operating Lease Interest Expense	84.09K	121K	57.78K	507K	-
Imputed Operating Lease Depreciation	116K	279K	142K	593K	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	173M	197M	107M	161M	134M
Total Cash And Short Term Investments	173M	197M	107M	161M	134M
Accounts Receivable, Total	125M	139M	237M	270M	388M
Other Receivables	18.2M	35.1M	30.1M	39.6M	49M
Total Receivables	143M	174M	267M	310M	437M
Inventory	39.9M	58.4M	87.7M	130M	204M
Prepaid Expenses	11.8M	15.9M	26.2M	30.7M	37.7M
Other Current Assets, Total	100K	100K	-100K	2.1M	1.4M
Total Current Assets	367M	446M	488M	633M	813M
Gross Property Plant And Equipment	223M	249M	309M	349M	426M
Accumulated Depreciation	-141M	-173M	-222M	-207M	-260M
Net Property Plant And Equipment	82.1M	76.2M	87.4M	142M	166M
Goodwill	-	-	58.3M	202M	284M
Other Intangibles, Total	94.8M	379M	422M	464M	470M
Deferred Tax Assets Long-Term	51.6M	51.1M	58.6M	54.4M	67.6M
Deferred Charges Long-Term	182M	193M	194M	181M	184M
Other Long-Term Assets, Total	300K	400K	14.5M	13M	13.3M
Total Assets	778M	1.15B	1.32B	1.69B	2B
Liabilities
Accounts Payable, Total	58.8M	77.5M	78.1M	100M	139M
Accrued Expenses, Total	54.4M	71.3M	92.6M	115M	147M
Current Portion of Long-Term Debt	363M	-	48.8M	58.8M	44M
Current Portion of Leases	10.3M	14.1M	18.4M	25M	30.9M
Current Income Taxes Payable	-	4.6M	3.3M	1.5M	14.6M
Unearned Revenue Current, Total	114M	116M	162M	168M	184M
Other Current Liabilities	17.6M	22.4M	21.7M	69.4M	70.4M
Total Current Liabilities	618M	306M	425M	539M	630M
Long-Term Debt	-	548M	521M	616M	648M
Long-Term Leases	42.9M	44.9M	40.3M	73.1M	68.4M
Deferred Tax Liability Non Current	-	-	9.2M	21.9M	17.3M
Other Non Current Liabilities	88M	108M	117M	142M	181M
Total Liabilities	749M	1.01B	1.11B	1.39B	1.54B
Common Stock, Total	100K	500K	500K	500K	500K
Retained Earnings	34.7M	138M	191M	300M	430M
Comprehensive Income and Other	-5.5M	600K	19.4M	-2.5M	23.1M
Total Common Equity	29.3M	140M	211M	298M	454M
Total Equity	29.3M	140M	211M	298M	454M
Total Liabilities And Equity	778M	1.15B	1.32B	1.69B	2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99.8M	105M	105M	105M	105M
ECS Total Common Shares Outstanding	99.8M	105M	105M	105M	105M
Book Value / Share	0.29	1.33	2.01	2.84	4.33
Tangible Book Value	-65.5M	-240M	-269M	-368M	-300M
Tangible Book Value Per Share	-0.66	-2.29	-2.57	-3.51	-2.87
Total Debt	416M	607M	628M	773M	791M
Net Debt	243M	409M	522M	612M	657M
Debt Equivalent Oper. Leases	1.6M	3.2M	1.6M	8.8M	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	3.3M	10.6M	10.7M	32.1M	40.3M
Inventories - Work In Process, Total	600K	500K	-	97.2M	200K
Inventories - Finished Goods, Total	35.7M	47M	77M	-	163M
Inventories - Others	300K	300K	-	600K	700K
Machinery, Total	56M	53.8M	65.5M	70.2M	75.8M
Full Time Employees	464	461	576	701	855
Accumulated Allowance for Doubtful Accounts (Supple)	300K	1.4M	6.1M	7M	6.4M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	130M	29.8M	48.6M	104M	146M
Depreciation & Amortization - CF	29.4M	31.9M	39.4M	54.7M	67.8M
Amortization of Goodwill and Intangible Assets - (CF)	100K	500K	4.5M	10.5M	18.5M
Depreciation & Amortization, Total	29.5M	32.4M	43.9M	65.2M	86.3M
Amortization of Deferred Charges, Total - (CF)	58.2M	62.6M	80.1M	96.9M	114M
Other Operating Activities, Total	-7.8M	11.4M	6.7M	2M	7.6M
Change In Accounts Receivable	8.8M	-20.5M	-51.9M	-45.4M	-105M
Change In Inventories	19.1M	-14.7M	-20.2M	-21.9M	-61.3M
Change in Other Net Operating Assets	34.9M	35.5M	-11M	76.5M	95.1M
Cash from Operations	272M	136M	96.2M	277M	282M
Capital Expenditure	-23.6M	-10.8M	-31.5M	-45.5M	-61.6M
Cash Acquisitions	-	-	-75.2M	-164M	-96.9M
Sale (Purchase) of Intangible assets	-78.4M	-356M	-86.7M	-89M	-122M
Other Investing Activities, Total	-	-3M	-3.8M	2M	-700K
Cash from Investing	-102M	-370M	-197M	-297M	-281M
Long-Term Debt Issued, Total	-	548M	25.5M	99M	17.6M
Total Debt Issued	-	548M	25.5M	99M	17.6M
Long-Term Debt Repaid, Total	-9M	-372M	-16.2M	-20.4M	-24.3M
Total Debt Repaid	-9M	-372M	-16.2M	-20.4M	-24.3M
Issuance of Common Stock	-	75M	-	-	-
Other Financing Activities, Total	-30.6M	2.9M	-6.8M	-200K	-30.5M
Cash from Financing	-39.6M	253M	2.5M	78.4M	-37.2M
Foreign Exchange Rate Adjustments	-8M	6.4M	8M	-4.7M	7.8M
Miscellaneous Cash Flow Adjustments	1.2M	-1M	-	100K	-
Net Change in Cash	124M	24.7M	-90.5M	54.3M	-27.6M
Supplemental Items
Cash Interest Paid	-	16.8M	-	-	-
Cash Income Tax Paid (Refund)	1.5M	3.1M	6.2M	12.7M	32.7M
Levered Free Cash Flow	124M	-255M	-22.42M	109M	20.95M
Unlevered Free Cash Flow	138M	-243M	-8.86M	133M	52.08M
Change In Net Working Capital	-66M	7.1M	66.1M	-5.7M	108M
Net Debt Issued / Repaid	-9M	175M	9.3M	78.6M	-6.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	11.86	3.76	4.17	6.65	7.75
Return on Total Capital	21.88	6.07	6.49	10.49	12.34
Return On Equity %	-381.2	35.31	27.76	40.95	38.8
Return on Common Equity	-381.2	35.31	27.76	40.95	38.8
Margin Analysis
Gross Profit Margin %	66.1	65.47	64.77	67.84	68.77
SG&A Margin	39.77	45.47	47.74	48.42	48.26
EBITDA Margin %	17.46	9.1	9.03	12.69	14.68
EBITA Margin %	15.35	6.7	7.14	10.59	12.53
EBIT Margin %	15.34	6.64	6.77	9.94	11.59
Income From Continuing Operations Margin %	14.5	3.42	4	6.45	7.39
Net Income Margin %	14.5	3.42	4	6.45	7.39
Net Avail. For Common Margin %	14.5	3.42	4	6.45	7.39
Normalized Net Income Margin	7.21	2.9	3.07	4.61	5.63
Levered Free Cash Flow Margin	13.8	-29.3	-1.84	6.73	1.06
Unlevered Free Cash Flow Margin	15.36	-27.9	-0.73	8.27	2.64
Asset Turnover
Asset Turnover	1.24	0.91	0.99	1.07	1.07
Fixed Assets Turnover	11.71	11.01	14.87	14.07	12.82
Receivables Turnover (Average Receivables)	6.6	6.61	6.47	6.37	6
Inventory Turnover (Average Inventory)	5.89	6.12	5.87	4.77	3.69
Short Term Liquidity
Current Ratio	0.59	1.46	1.15	1.18	1.29
Quick Ratio	0.51	1.21	0.88	0.87	0.91
Operating Cash Flow to Current Liabilities	0.44	0.45	0.23	0.51	0.45
Days Sales Outstanding (Average Receivables)	55.46	55.24	56.43	57.34	61.05
Days Outstanding Inventory (Average Inventory)	62.17	59.6	62.22	76.53	99.15
Average Days Payable Outstanding	75.5	77.86	62.03	58.09	63.59
Cash Conversion Cycle (Average Days)	42.13	36.98	56.62	75.78	96.61
Long Term Solvency
Total Debt/Equity	1.42K	434.91	298.34	259.67	174.3
Total Debt / Total Capital	93.42	81.31	74.9	72.2	63.54
LT Debt/Equity	146.42	424.8	266.43	231.53	157.79
Long-Term Debt / Total Capital	9.63	79.42	66.89	64.37	57.53
Total Liabilities / Total Assets	96.23	87.83	84.08	82.38	77.29
EBIT / Interest Expense	6.13	2.98	3.79	4.02	4.59
EBITDA / Interest Expense	7.45	4.65	5.82	5.65	6.32
(EBITDA - Capex) / Interest Expense	6.39	4.1	4.36	4.51	5.09
Total Debt / EBITDA	2.49	6.72	4.98	3.43	2.51
Net Debt / EBITDA	1.46	4.53	4.13	2.71	2.09
Total Debt / (EBITDA - Capex)	2.91	7.63	6.63	4.3	3.12
Net Debt / (EBITDA - Capex)	1.7	5.15	5.51	3.4	2.59
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.5	-2.64	39.56	32.63	22.24
Gross Profit, 1 Yr. Growth %	-0.32	-3.57	38.08	38.9	23.92
EBITDA, 1 Yr. Growth %	39.93	-49.26	38.46	97.3	41.34
EBITA, 1 Yr. Growth %	41.07	-57.5	48.63	111.39	44.67
EBIT, 1 Yr. Growth %	40.96	-57.83	42.14	110.09	42.61
Earnings From Cont. Operations, 1 Yr. Growth %	91.73	-77.04	63.09	114.2	40.06
Net Income, 1 Yr. Growth %	91.73	-77.04	63.09	114.2	40.06
Normalized Net Income, 1 Yr. Growth %	27.53	-60.89	47.77	121.79	49.03
Diluted EPS Before Extra, 1 Yr. Growth %	91.64	-77.19	55.12	113.04	39.8
Accounts Receivable, 1 Yr. Growth %	-15.06	11.72	70.19	13.97	43.67
Inventory, 1 Yr. Growth %	-36.87	46.37	50.17	48.12	56.89
Net Property, Plant and Equip., 1 Yr. Growth %	15.96	-7.19	14.7	62.36	16.84
Total Assets, 1 Yr. Growth %	16.27	47.3	15.37	27.77	18.23
Tangible Book Value, 1 Yr. Growth %	-66.97	266.26	12.3	36.79	-18.48
Common Equity, 1 Yr. Growth %	-130.08	376.11	50.97	41.41	52.35
Cash From Operations, 1 Yr. Growth %	47.54	-49.91	-29.52	188.36	1.84
Capital Expenditures, 1 Yr. Growth %	9.77	-54.24	191.67	44.44	35.38
Levered Free Cash Flow, 1 Yr. Growth %	-	-306.73	-91.22	-514.71	-80.72
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-276.87	-96.36	-1.16K	-61.02
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-2.07	16.57	36.05	27.33
Gross Profit, 2 Yr. CAGR %	-	-1.96	15.39	38.49	31.2
EBITDA, 2 Yr. CAGR %	-	-15.74	-16.18	60.7	67.03
EBITA, 2 Yr. CAGR %	-	-22.57	-20.52	71.02	74.88
EBIT, 2 Yr. CAGR %	-	-22.9	-22.58	66.39	73.09
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-33.65	-38.81	86.9	73.21
Net Income, 2 Yr. CAGR %	-	-33.65	-38.81	86.9	73.21
Normalized Net Income, 2 Yr. CAGR %	-	-29.38	-23.98	71.7	81.81
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-33.88	-40.52	81.79	72.58
Accounts Receivable, 2 Yr. CAGR %	-	-2.59	37.89	39.27	27.96
Inventory, 2 Yr. CAGR %	-	-3.87	48.26	49.14	52.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-	3.74	3.18	36.46	37.73
Total Assets, 2 Yr. CAGR %	-	30.87	30.36	21.41	22.91
Tangible Book Value, 2 Yr. CAGR %	-	9.99	102.8	23.94	5.6
Common Equity, 2 Yr. CAGR %	-	19.68	168.1	46.11	46.78
Cash From Operations, 2 Yr. CAGR %	-	-14.03	-40.58	42.56	71.36
Capital Expenditures, 2 Yr. CAGR %	-	-29.13	15.53	105.26	39.84
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-57.39	-34.8	-10.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-74.61	-25.92	103.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	10.21	21.69	31.28
Gross Profit, 3 Yr. CAGR %	-	-	9.9	22.75	33.45
EBITDA, 3 Yr. CAGR %	-	-	-0.57	9.43	54
EBITA, 3 Yr. CAGR %	-	-	-3.77	7.52	61.74
EBIT, 3 Yr. CAGR %	-	-	-5.46	5.3	58.05
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-10.46	-7.09	69.76
Net Income, 3 Yr. CAGR %	-	-	-10.46	-7.09	69.76
Normalized Net Income, 3 Yr. CAGR %	-	-	-9.67	4.86	63.78
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-12.14	-8.99	66.55
Accounts Receivable, 3 Yr. CAGR %	-	-	17.32	29.4	40.72
Inventory, 3 Yr. CAGR %	-	-	11.54	48.21	51.68
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	7.27	20.01	29.58
Total Assets, 3 Yr. CAGR %	-	-	25.48	29.49	20.34
Tangible Book Value, 3 Yr. CAGR %	-	-	10.75	77.85	7.78
Common Equity, 3 Yr. CAGR %	-	-	29.31	116.61	48.16
Cash From Operations, 3 Yr. CAGR %	-	-	-19.54	0.6	27.44
Capital Expenditures, 3 Yr. CAGR %	-	-	13.58	24.46	78.67
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-4.21	-56.55
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-0.99	-40.18
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	16.76
Gross Profit, 5 Yr. CAGR %	-	-	-	-	17.97
EBITDA, 5 Yr. CAGR %	-	-	-	-	20.99
EBITA, 5 Yr. CAGR %	-	-	-	-	20.47
EBIT, 5 Yr. CAGR %	-	-	-	-	18.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	16.58
Net Income, 5 Yr. CAGR %	-	-	-	-	16.58
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	16.99
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	15.09
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	21.47
Inventory, 5 Yr. CAGR %	-	-	-	-	26.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	18.55
Total Assets, 5 Yr. CAGR %	-	-	-	-	24.45
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	8.66
Common Equity, 5 Yr. CAGR %	-	-	-	-	36.03
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	8.87
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	23.43