Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Anoto Group AB (publ) is a Swedish technology company specializing in digital writing and drawing solutions. Founded in 1996 and headquartered in Stockholm, it develops innovative smartpens and software that capture handwritten notes, drawings, and forms, converting analog ink on paper into digital data for seamless use across devices. The company operates through segments including Livescribe, Enterprise, OEM, and KAIT, offering products like ACE for cloud-based forms and business process automation, Anoto DNA for interactive security and marketing, Dr. Watson for biometric authentication, and KAIT as an AI solution for offline education. Anoto Group AB (publ) also designs styluses for screens and the Livescribe+ application, serving enterprise (B2B), retail (B2C), healthcare, finance, transport, logistics, and education sectors worldwide via a global partner network. With over 300 international patents on its proprietary dot-pattern technology, it enables efficient data capture, transmission, and storage, bridging the analog-digital divide and supporting customized vertical market systems. Listed on Nasdaq Stockholm's Small Cap list, Anoto Group AB (publ) continues to advance SaaS solutions and imaging technology for diverse applications.
kr 0.00
+kr 0.00 (+0.00%)
EOD Jun 23, 2026 · Twelve Data
The business is unprofitable at the operating level (-252.41% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 25.6% YoY. Margins deteriorated 55.4pp alongside, both lines moving the wrong way.
ROIC dropped from -55.49% to -81.39%, capital efficiency is deteriorating. Negative free cash flow of -kr 53M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 23M
▼ -25.6% YoY
Net Income (TTM)
-kr 78M
▼ -105.1% YoY
Op. Margin
-235.57%
▼ -55.4pp YoY
ROIC
-81.39%
▼ -25.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-kr 11M
▼ -117.1% YoY
Op. Cash Flow (TTM)
-kr 6M
▼ -77.9% YoY
Net Debt
kr 24M
Cash & Equiv.
kr 197K
3Y CAGR: -31.4%
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Anoto Group AB (publ) (ANOT.XSTO)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Anoto Group AB (publ) scores 0/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Anoto Group AB (publ) scores 0 out of 100 on Intrinsiqq's quality score, passing 0 of 6 checks, which makes it a lower-quality business on these measures. Recent fundamentals include a -235.6% operating margin and a -81.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh ANOT.XSTO's valuation and scores 0/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.