Sweden

Energy

Bemsiq Building Automation Business & 2023 Financials Examined

March 11th, 2024
Smart Buildings

Bemsiq Building Automation Business & Financials Examined

September 4th, 2023
Systemair Ventilation Air Conditioning
Energy

Systemair Ventilation Business 2022 Examined

Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]

PropTech Companies Flowscape and LumenRadio List on Nordic NASDAQ
Workplace

2 New Nordic Nasdaq Listings Signal Growth in PropTech Market

Two Swedish proptech companies have recently listed on the Nasdaq Nordic First North Growth Market. The exchange represents a strong growth opportunity for smart building companies to step up to the world stage. On December 1st 2022, Stockholm-based smart workplace solution provider Flowscape, started trading on the Nasdaq Nordic stock exchange under the short name […]

Security

Irisity Video Analytics Business and Financials Examined

In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis is based on their 2021 Annual Report, investor presentations, acquisitions and growth strategy. Irisity AB is a public company listed on Nasdaq First North Growth Market. Founded in 2006, the company serves customers in more than 90 countries with headquarters in Gothenburg, Sweden […]

Smart Buildings

Swedish Building Automation Challenger Regin AB Acquires DEOS AG

In this Research Note, we examine the acquisition of German building automation firm, DEOS AG by Regin AB, a Swedish HVAC products firm, announced on 31st May 2022. DEOS AG becomes a part of the Regin Group with a separate product line under the DEOSbrand name. With this transaction, the Regin group strengthens its market positions in Germany, Austria and Switzerland. […]

Lighting

Fagerhult’s Connected Lighting Business and Financials Examined

In this Research Note, we examine the professional and public lighting business of Fagerhult Group, based on their 2021 Annual Report, Q1 2022 financial results, investor presentations, growth strategy and M&A. Fagerhult Group’s history began in 1945 as a family business in Fagerhult, Sweden. Today, this Nasdaq listed manufacturer of professional lighting solutions based in Habo, Sweden, has operations in […]

Smart Buildings

Bravida’s Smart Building Automation Business Examined

In this Research Note, we examine the building automation business of Bravida Holding AB, a 100-year old Swedish company with a vision statement of “bringing buildings to life”.   This analysis is based on their 2021 Annual Report, investor presentations, growth strategy and M&A activities. Bravida operates in the Nordic market for technical service and installation of buildings and facilities. Bravida’s core […]

Smart Buildings

Bemsiq Grows its Building Automation Field Devices Business to Over $100m

Bemsiq AB, with headquarters in Gothenburg, Sweden, consists of a group of 10 companies and 475 employees providing building automation field devices and energy metering products.  The business was established by Latour, the Swedish investment group in 2016. In this Research Note, we examine the Bemsiq business, based on the investor presentations, annual report of their parent company and […]

Smart Buildings

Digital Workplace Vendor Flowscape Achieves Strong Recurring Revenues in 2021

Flowscape Technology AB, a Stockholm-based listed company registered on the Swedish Spotlight Stock Market, is a provider of space booking software and hardware with revenues under $10 million. In this Research Note, we examine the business, based on their trading updates, investor presentations, and workplace management strategy. Flowscape, founded in 2011 has developed a system for optimizing office space as well […]

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