Stock DNA
Telecom - Equipment & Accessories
SEK 416 Million (Micro Cap)
NA (Loss Making)
NA
0.00%
-0.41
-71.21%
6.15
Revenue and Profits:
Net Sales:
24 Million
(Quarterly Results - Jun 2025)
Net Profit:
-8 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
27.96%
0%
27.96%
6 Months
28.55%
0%
28.55%
1 Year
-12.96%
0%
-12.96%
2 Years
-33.76%
0%
-33.76%
3 Years
-45.73%
0%
-45.73%
4 Years
-71.33%
0%
-71.33%
5 Years
-44.65%
0%
-44.65%
Gapwaves AB for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
34.18%
EBIT Growth (5y)
0.69%
EBIT to Interest (avg)
-31.30
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.36
Sales to Capital Employed (avg)
0.54
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
8.30
EV to EBIT
-20.96
EV to EBITDA
-26.62
EV to Capital Employed
13.08
EV to Sales
8.24
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-62.40%
ROE (Latest)
-47.39%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
24.10
22.80
5.70%
Operating Profit (PBDIT) excl Other Income
-5.60
-3.60
-55.56%
Interest
0.20
1.80
-88.89%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-7.90
-9.00
12.22%
Operating Profit Margin (Excl OI)
-300.00%
-231.30%
-6.87%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 5.70% vs 29.55% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 12.22% vs 25.62% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
66.10
27.50
140.36%
Operating Profit (PBDIT) excl Other Income
-37.30
-56.00
33.39%
Interest
0.20
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
-52.10
-69.20
24.71%
Operating Profit Margin (Excl OI)
-653.50%
-2,252.40%
159.89%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 140.36% vs -57.03% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 24.71% vs -284.44% in Dec 2023
About Gapwaves AB 
Gapwaves AB
Telecom - Equipment & Accessories
Gapwaves AB is a Sweden-based company, which is primarily engaged in the communications industry. The Company operates as a developer of GAP waveguide packaging technology for millimeter wave and terahertz circuits and components. The COmpany's technology enables planar solutions with low losses, operating typically from 30 GHz to THz in applications such as antenna systems for Gigabit speed wireless communication and backhaul. The technology is based on an Artificial Magnetic Conductor that enables contactless propagation of electromagnetic waves. The Company offers a wide range of products, such as millimeter wave antennas for use in the V-band and E-band and easy-to-mount GAP flange adapters, among others.
Company Coordinates 
Company Details
Banehagsgatan 22 , GOTEBORG None : 414 51
Registrar Details






