SP Devices AB
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SP Devices AB - overview
Location
Linkoping, -, Sweden
Primary Industry
Internet
About
SP Devices AB specializes in the design and manufacturing of advanced modular data acquisition and signal generation instruments, serving industries such as telecommunications and aerospace with high-performance digitizers. Founded by Per Löwenborg, SP Devices AB operates from Linkoping, Sweden, focusing on advanced data acquisition solutions. The company raised EUR 3 million in funding from SEB Venture Capital on February 6, 2007, which concluded their total fundraising efforts at EUR 3 million. SP Devices has consistently pursued innovation in its technology offerings.
SP Devices AB designs and manufactures high-performance digitizers, including the ADQ3 series, that feature a portable design and high-speed USB 3. 2 connectivity. These products cater primarily to Original Equipment Manufacturers (OEMs) across sectors such as telecommunications, scientific research, and aerospace, facilitating high-speed data capture and processing. In the most recent fiscal year, 2022, SP Devices AB reported revenue of EUR 9,148,500.
40, with an EBITDA of EUR 959,015. 40, primarily generated through direct sales to OEM clients and strategic partnerships within the technology sector. Looking ahead, SP Devices AB aims to expand its product offerings with upcoming high-performance digitizers slated for launch in the near future. The company has outlined plans to penetrate new markets in North America and Asia by 2024.
The recent funding round in February 2007, amounting to EUR 3 million, will support these initiatives, enabling the development of innovative products and strengthening market presence.
Current Investors
SEB Venture Capital
Primary Industry
Internet
Sub Industries
Web Development
Website
www.spdevices.com
Verticals
Augmented Reality (AR)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
SP Devices AB - timeline of key events

SP Devices AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 21,828,624 | 22,897,116 | 22,676,085 | 29,736,473 | 35,058,202 | - | 52,541,729 | 63,389,900 | 60,340,028 | 60,580,534 | 79,836,971 | - | - | - |
| % Revenue Growth (YoY) | - | 4.9% | (1.0%) | 31.1% | 17.9% | - | - | 20.6% | (4.8%) | 0.4% | 31.8% | - | - | - |
| EBITDA (USD) | (3,103,120) | (7,845,943) | 1,494,564 | 4,396,202 | 6,782,711 | - | 9,703,103 | 10,263,171 | 2,420,487 | 4,028,426 | 14,117,411 | - | - | - |
| Operating Income (USD) | (3,407,998) | (7,987,621) | 1,382,571 | 3,399,980 | 5,374,284 | - | 6,796,099 | 10,070,395 | 2,171,165 | 3,762,687 | 13,828,036 | - | - | - |
| Operating Margin | (15.6%) | (34.9%) | 6.1% | 11.4% | 15.3% | - | 12.9% | 15.9% | 3.6% | 6.2% | 17.3% | - | - | - |
| % EBITDA Margin | (14.2%) | (34.3%) | 6.6% | 14.8% | 19.3% | - | 18.5% | 16.2% | 4.0% | 6.6% | 17.7% | - | - | - |
| NET Income (USD) | (3,426,502) | (12,698,793) | 1,256,724 | 3,169,426 | 5,178,817 | - | 6,694,017 | 9,735,183 | 2,118,457 | 2,516,686 | 11,205,894 | - | - | - |
| % Net Margin | (15.7%) | (55.5%) | 5.5% | 10.7% | 14.8% | - | 12.7% | 15.4% | 3.5% | 4.2% | 14.0% | - | - | - |
SP Devices AB - employee data


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