Anoto Group (ANOT.ST) Stock Price

Anoto Group Price

OMX·CLOSED
0.13SEK-0.0048 (-3.63 %)
Market closed

Revenue at Anoto Group has contracted by 8.0% per year over the past 19 years to 22.37 M SEK. Anoto Group's net margin stands at -430.1%, down from -56.1% several years earlier. The stock trades about 271% above its 52-week low.

Anoto Group stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Anoto Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Anoto Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Anoto Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Anoto Group Stock Price History
DateAnoto Group Price
8/10/20260.13 SEK
8/7/20260.13 SEK
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Access this data via the Eulerpool API

Anoto Group Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
70.55 M SEK
-126.16 M SEK
-128.27 M SEK
Jan 1, 2021
71.73 M SEK
-56.80 M SEK
-40.22 M SEK
Jan 1, 2022
69.36 M SEK
-62.39 M SEK
-30.90 M SEK
Jan 1, 2023
43.01 M SEK
-79.36 M SEK
-84.24 M SEK
Jan 1, 2024
30.07 M SEK
-60.32 M SEK
-55.78 M SEK
Jan 1, 2025
22.37 M SEK
-57.58 M SEK
-96.23 M SEK
Jan 1, 2026 (e)
29.00 M SEK
-22.60 M SEK
-21.20 M SEK
Jan 1, 2027 (e)
47.40 M SEK
-36.93 M SEK
-10.60 M SEK

Anoto Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 12, 2026, 2:50 AM
 
REVENUEM SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESB
201220132014201520162017201820192020202120222023202420252026e2027e
198.00144.00141.00192.00235.00173.00115.00111.0070.0071.0069.0043.0030.0022.0029.0047.00
3.13-27.27-2.0836.1722.40-26.38-33.53-3.48-36.941.43-2.82-37.68-30.23-26.6731.8262.07
72.2267.3665.2544.2733.6240.4632.1754.0554.2953.5260.8762.7946.6731.8231.8231.82
143.0097.0092.0085.0079.0070.0037.0060.0038.0038.0042.0027.0014.007.009.2314.95
-42.00-163.00-56.0026.0048.00-55.00-132.00-50.00-126.00-56.00-62.00-79.00-60.00-57.00-22.00-36.00
-21.21-113.19-39.7213.5420.43-31.79-114.78-45.05-180.00-78.87-89.86-183.72-200.00-259.09-75.86-76.60
-42.00-166.00-62.00-104.00-255.00-52.00-115.00-32.00-128.00-40.00-30.00-84.00-55.00-96.00-21.00-10.00
-82.72295.24-62.6567.74145.19-79.61121.15-72.17300.00-68.75-25.00180.00-34.5274.55-78.13-52.38
0.010.010.020.030.080.090.110.120.170.220.230.330.361.101.101.10
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Anoto Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Anoto Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Anoto Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Anoto Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Anoto Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Anoto Group stock margins

The Anoto Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Anoto Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Anoto Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
54.08 %
-178.81 %
-181.81 %
Jan 1, 2021
53.79 %
-79.19 %
-56.07 %
Jan 1, 2022
61.85 %
-89.96 %
-44.55 %
Jan 1, 2023
62.86 %
-184.51 %
-195.85 %
Jan 1, 2024
47.76 %
-200.62 %
-185.51 %
Jan 1, 2025
31.81 %
-257.35 %
-430.10 %
Jan 1, 2026 (e)
31.81 %
-77.92 %
-73.11 %
Jan 1, 2027 (e)
31.81 %
-77.92 %
-22.37 %

Anoto Group Stock Revenue, EBIT, Earnings per Share

The Anoto Group earnings per share therefore indicates how much revenue Anoto Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
0.41 SEK
-0.74 SEK
-0.75 SEK
Jan 1, 2021
0.32 SEK
-0.26 SEK
-0.18 SEK
Jan 1, 2022
0.30 SEK
-0.27 SEK
-0.13 SEK
Jan 1, 2023
0.13 SEK
-0.24 SEK
-0.25 SEK
Jan 1, 2024
0.08 SEK
-0.17 SEK
-0.15 SEK
Jan 1, 2025
0.02 SEK
-0.05 SEK
-0.09 SEK
Jan 1, 2026 (e)
0.03 SEK
-0.02 SEK
-0.02 SEK
Jan 1, 2027 (e)
0.04 SEK
-0.03 SEK
-0.01 SEK

Anoto Group business model & stock analysis

The Anoto Group AB is a Swedish technology company based in Lund that specializes in digital pen solutions for the B2B sector. Its history dates back to 1996 when a Swedish physicist named Christer Fåhraeus had the idea to develop a technology that would allow handwritten notes to be digitized faster and more effectively. When Fåhraeus founded Anoto Group AB, the business model was to develop digital pens with special cameras that could convert handwritten notes and drawings on paper into digital formats in real-time. The goal was to digitize writing and drawing on paper so that it could be used in almost any context. Over the years, the business model has evolved, and the company has established several subsidiaries offering various technologies and products. These divisions include Digital Writing Solutions, Consumer Products, Education, and Forms Solutions. Digital Writing Solutions is the core division of Anoto Group AB and offers a wide range of products that allow handwritten notes and drawings to be digitized in real-time. The flagship product of this division is the Anoto Live Pen, which is offered in different versions for various business sectors. The Anoto Live Pen stands out for its high precision and fast transmission and is a valuable addition to the business processes of many companies in different industries. Consumer Products focuses on the development of digital pens and other products for the retail market. One example is the Neo Smartpen, designed for the consumer market and known for its high compatibility with various devices such as smartphones and tablets. The Education division develops digital pen solutions for the education sector. This includes the product KAIT, specifically designed for use in schools and universities, allowing teachers and students to share and collaborate on notes in real-time. Forms Solutions is the newest division of Anoto Group AB and aims to digitize paper-based business processes. The company offers services and tools that enable businesses to digitize forms quickly and effectively in real-time. Overall, Anoto Group AB offers a wide range of digital pens and other products that enable handwritten notes and drawings to be digitized in real-time. Since its inception, the company has focused on changing the way we write and draw and has successfully established itself as a leader in the field of digital pen solutions.

Anoto Group SWOT Analysis

Strengths

Anoto Group AB possesses several strengths that contribute to its competitive advantage in the market. Firstly, the company has developed innovative digital writing solutions that offer a unique and seamless experience for users. These solutions have gained popularity and recognition, positioning Anoto as a leader in the industry.

Secondly, Anoto benefits from strong partnerships with well-established technology companies, enabling them to leverage their respective expertise and expand their market reach. This strategic collaboration enhances Anoto's product offerings and allows them to tap into new customer segments.

Weaknesses

Despite its strengths, Anoto Group AB also faces certain weaknesses that could hinder its growth prospects. One weakness is the relatively limited brand awareness compared to some of its competitors. This can be attributed to the niche nature of its products and the need for targeted marketing efforts to increase visibility and attract more customers.

Additionally, Anoto may encounter challenges in scaling its operations and production capacity to meet growing demand. This could potentially lead to delivery delays and customer dissatisfaction if not effectively managed. Addressing these weaknesses becomes crucial for sustained success.

Opportunities

Anoto Group AB operates in an industry with significant potential for expansion and innovation. With the increasing adoption of digital transformation, there is a growing demand for smart writing solutions that bridge the gap between traditional and digital mediums. This provides Anoto with abundant opportunities to further develop and market its products.

Moreover, the company can explore strategic partnerships with educational institutions, corporate clients, and government entities to tap into new markets and diversify its customer base. By customizing their offerings to cater to specific industry needs, Anoto can unlock new revenue streams and gain a competitive edge.

Threats

In an increasingly competitive market, Anoto Group AB faces certain threats that need to be addressed to ensure future success. One major threat is the emergence of low-cost alternatives from domestic and international competitors. These substitutes may offer similar functionalities at a lower price point, potentially leading to a loss of market share for Anoto.

Another threat relates to technological advancements and changing customer preferences. Anoto must stay ahead of market trends, invest in research and development, and continuously innovate to maintain its competitive position. Failure to adapt to evolving customer needs could result in decreased demand and weakened market presence.

Anoto Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Anoto Group historical P/E ratio, EBIT multiple, and P/S ratio

Anoto Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Anoto Group shares outstanding

The number of shares of Anoto Group was 1.1 B in 2025. This indicates how many shares Anoto Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
170.41 M Stocks
Jan 1, 2021
221.66 M Stocks
Jan 1, 2022
230.61 M Stocks
Jan 1, 2023
331.86 M Stocks
Jan 1, 2024
360.47 M Stocks
Jan 1, 2025
1.10 B Stocks
Jan 1, 2026 (e)
1.10 B Stocks
Jan 1, 2027 (e)
1.10 B Stocks

Anoto Group stock splits

In Anoto Group's history, there have been no stock splits.
Price targets and forecasts for Anoto Group are not yet available.

Anoto Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/6/2015-SEK-44.66 MSEK-2014 Q4
11/7/2008-4.14SEK-48.72 MSEK-2008 Q3
8/7/2008-SEK-42.63 MSEK-2008 Q2
5/7/2008-0.15SEK-31.46 MSEK-2008 Q1
2/7/2008-0.31SEK-47.70 MSEK-2007 Q4
11/7/2007-0.46SEK-45.67 MSEK-2007 Q3
8/7/2007-8.89SEK--SEK-2007 Q2
5/9/20071.53SEK--SEK-2007 Q1
2/7/2007-4.29SEK--SEK-2006 Q4
2/9/2006-0.31SEK-36.03 MSEK-2005 Q4

Anoto Group shareholder structure

% Name
0.29700%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
0.10292%
SEB Investment Management AB
SEB Investment Management AB
0.03709%
Skandia Fonder AB
Skandia Fonder AB

Anoto Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
90.8%
Float Shares
-
Shares Outstanding
-

Anoto Group Executives and Management Board

9 members · avg. age 58 · 11 % women

Management

MK

Mr. Mats Karlsson (58)

Interim Chief Executive Officer

JA

Dr. Julia Arnold

Chief Operating Officer

SK

Mr. Steve Kim (55)

Chief Technology Officer

JK

Mr. James Kennedy

Chief Marketing Officer

Board of Directors

KA

Mr. Kevin Adeson (60)

Independent Chairman of the Board

MD

Mr. Matthew Doerner

Director

AF

Mr. Alexander Fallstrom

Director

GS

Mr. Gary Stolkin

Director

AW

Mr. Adrian Weller

Director

Anoto Group Supply Chain

Anoto Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
UBS Group
Supplier·Customer·Capital Markets·CH
0.66
0.22
0.28
0.38
-0.44
-0.75

Frequently asked questions about Anoto Group

The business model of Anoto Group AB revolves around providing innovative solutions for digital writing and drawing experiences. The company specializes in developing and selling its Anoto Group digital pen and paper technology, which combines the traditional pen and paper experience with the digitization capabilities of modern technology. Through its unique solutions, Anoto Group enables users to capture and digitize handwritten notes and drawings in real-time, facilitating seamless integration with various digital platforms and applications. This business model allows Anoto Group to offer versatile and efficient solutions to industries such as gaming, education, healthcare, and finance, enhancing productivity and digital interactions for both businesses and individuals.

Anoto Group AB is primarily active in the technology industry, specifically in the field of digital writing solutions. With its innovative digital pen and software technologies, Anoto Group AB caters to various sectors including education, healthcare, finance, logistics, and creative industries. The company's advanced technology enables efficient note-taking, data capture, and interactive collaboration, making it a preferred choice for businesses and individuals seeking enhanced productivity and seamless digital integration.

The main competitors of Anoto Group AB in the market are Wacom Co., Ltd, Livescribe Inc., and NeoLAB Convergence Inc.

Anoto Group AB is a renowned Swedish technology company with a rich history and background. Founded in 1996, Anoto specializes in developing and commercializing digital writing solutions. The company is widely recognized for creating and patenting the Anoto Digital Pen, which transformed regular handwriting into digital data for various applications. Anoto's unique technology enables accurate and efficient data capture in fields such as healthcare, education, finance, and logistics. With a focus on innovation and strategic partnerships, Anoto has established itself as a global leader in digital writing, providing cutting-edge solutions that enhance productivity and streamline processes across industries.

Anoto Group AB, a leading digital writing and drawing solutions provider, has achieved several significant milestones. The company successfully developed and patented the Anoto Pen, which uses unique microdots to capture data from handwriting on special paper. This innovation revolutionized how individuals interact with paper-based products. Furthermore, Anoto Group AB expanded its technology by partnering with global companies like Livescribe, Logitech, and Moleskine. Their partnerships enabled the incorporation of Anoto's digital writing technology into various high-end notebooks, smartpens, and collaboration tools. These achievements have solidified Anoto Group AB as a prominent player in the digital writing industry, driving innovation and transforming traditional writing experiences.

Anoto Group AB is primarily present in numerous countries and regions worldwide. With a global presence, the company operates in key markets, including Europe, North America, and Asia. It has established a strong foothold in Sweden, its home country, and has expanded its reach across Europe, serving customers in countries such as Germany, France, and the United Kingdom. In North America, Anoto Group AB has a significant presence, catering to clients in the United States and Canada. Additionally, the company has expanded into the Asian market, specifically targeting countries like China, Japan, and South Korea.

Anoto Group AB represents a strong set of values and corporate philosophy. The company focuses on innovation, collaboration, and customer-centric solutions. Anoto aims to provide cutting-edge digital writing and drawing technology to enhance productivity and creativity. With a commitment to sustainability and social responsibility, Anoto strives to deliver eco-friendly and efficient products. By leveraging advanced data solutions and intelligent software, Anoto aims to revolutionize the way people capture and share information. Additionally, the company values transparency, integrity, and excellence in all aspects of its operations, ensuring customer satisfaction and long-term success.

9 analysts currently rate the Anoto Group stock: 0 recommend buying, 3 holding and 6 selling. For 2026, analysts expect Anoto Group to generate revenue of 29.00 M SEK and earnings per share of -0.02 SEK.

Converted at the current exchange rate, the Anoto Group share trades at 0.01 EUR (0.13 SEK).

The Anoto Group share (ANOT.ST) is listed on 6 stock exchanges, including: Frankfurt (XTL1.F), München (XTL1.MU), London (0RUQ.L).

The Anoto Group AB is a Swedish company that has become a leading provider of solutions for digital writing, drawing, and note-taking since its founding in 1999. Its innovative and patented business model is based on three pillars: digital writing, pattern recognition, and data analysis. Anoto's main products are the "Anoto Digital Pen & Paper Solution" and the "Anoto Live Pen 2." These solutions allow users to transfer handwriting, sketches, and drawings on paper into digital form without losing the tactile advantages of paper. The digital data can then be easily used in real-time or later on a PC, tablet, or smartphone. In addition to providing digital pens and paper, Anoto also offers a variety of software solutions. This includes applications such as form recognition, digital signatures, cloud storage, and seamless integration of data into existing systems. Anoto solutions also support a variety of industries, such as healthcare, education, insurance, and maintenance services. Anoto Group also has a department called "Live Forms" that specializes in the creation and management of interactive and intelligent forms. Using Anoto technology, users can fill out forms directly and write instructions or comments. The data is then immediately digitized and stored and processed in a back-end system. Another important part of Anoto's business model is data analysis and processing. Using pattern recognition and machine learning methods, large amounts of data can be processed and analyzed in real-time. This enables customers to have more precise data analysis and faster decision-making. Overall, Anoto's business model aims to provide its customers with a combination of traditional craftsmanship and modern technology to digitize and improve the process of writing and note-taking. Anoto's patents and intellectual property are central to its strategies and the implementation of new products that align with technological developments and customer needs. In summary, Anoto Group is an innovative and unique company that offers a variety of solutions for customers and industries. Digital transfer of handwritten notes, pattern recognition, and data analysis are the cornerstones of Anoto's business model. By offering effective and flexible solutions, Anoto helps support customers in problem-solving, increasing efficiency, and productivity.

The expected revenue of Anoto Group is 29.00 M SEK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Anoto Group is -21.20 M SEK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Anoto Group is currently -6.76. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Anoto Group stock.

The price-to-sales ratio (P/S) of Anoto Group is currently 4.94. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Anoto Group stock.

The Eulerpool Quality Score for Anoto Group is 1/10.

The ISIN of Anoto Group is SE0010415281. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Anoto Group is A2DYQG. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Anoto Group is ANOT.ST. The ticker symbol is used to trade Anoto Group shares on the stock exchange.

Anoto Group paid dividends every year for the past 0 years.

Anoto Group is assigned to the 'Information technology' sector.

The dividends of Anoto Group are distributed in SEK.