Anoto Q1 sales rise 6% on retail growth

Anoto Q1 net sales rise 6% to SEK 6.9 million as retail segment drives growth. Gross margin expands, costs cut.

ByMichael Brown- Senior Editor

Today / 06:35|Last updated: Today / 06:37

Anoto Q1 sales rise 6% on retail growth — Photo: Prepared by Bond.az

Digital pen maker Anoto reported Q1 net sales of SEK 6.9 million, up 6% year-on-year.

Retail segment sales surged 17% to SEK 3.4 million. Gross margin improved to 75% from 69%.

Headcount reduced from 44 to 31 full-time employees via AI adoption. Operating loss narrowed to SEK 9 million.

New secured convertible loan closed, Jonathan Faiman appointed CEO. Anoto focuses on execution and revenue generation.

More News

Senator Probes TikTok Data Security Measures

Today / 17:03

919

Senator Probes TikTok Data Security Measures

Senator Ed Markey demands answers from TikTok USDS and Oracle on user data protection and national security risks.

STOCK MARKETS →

Today / 16:32

835

European stocks close mixed

European stocks closed mixed; oil prices dropped on Iran ceasefire hopes. Read more on Bond.az.

STOCK MARKETS →

Coinbase, Kalshi Launch Regulated Perpetual Crypto Futures in US

Today / 16:31

810

Coinbase, Kalshi Launch Regulated Perpetual Crypto Futures in US

Coinbase and Kalshi launch regulated perpetual crypto futures in the US with CFTC approval. Offering high leverage and onshore trading for investors.

STOCK MARKETS →

Dell stock surges 33% on AI server demand

Today / 16:01

423

Dell stock surges 33% on AI server demand

Dell stock surges 33% after strong quarterly results driven by AI server demand and price hikes. AI server revenue exceeds PC unit.

STOCK MARKETS →

Today / 16:00

852

Private Credit Roundup: Losses Deepen

Private credit paper losses deepen in Q1. Bond.az analysis shows unrealized losses hit 2.35% of NAV, raising concerns about credit quality and AI disruption.

STOCK MARKETS →

Kalshi hires former FBI analyst Neff for surveillance

Today / 15:03

622

Kalshi hires former FBI analyst Neff for surveillance

Kalshi hires former FBI analyst Tyler Neff to bolster surveillance against insider trading in prediction markets.

STOCK MARKETS →

Today / 15:02

885

TA 35 Index Rises 0.55%

Israeli stocks closed higher with the TA 35 index rising 0.55%. Nova, Mega Or, and TASE led gains.

STOCK MARKETS →

Today / 15:01

562

Norway stocks close lower

Norway stocks closed lower on Friday, with the Oslo OBX index down 0.88%. Check the best and worst performers.

STOCK MARKETS →

Orkla Faces Profit Squeeze: UBS Warns on 2026

Today / 14:03

477

Orkla Faces Profit Squeeze: UBS Warns on 2026

UBS downgraded Orkla to Sell, warning of profit pressure in 2026 due to cost inflation and Jotun concerns.

STOCK MARKETS →

UBS shares rise on job cuts in Europe and Africa

Today / 14:01

933

UBS shares rise on job cuts in Europe and Africa

UBS Group AG shares rose 1.2% on news of several hundred job cuts in Europe, Middle East and Africa as part of Credit Suisse integration. More layoffs expected.

STOCK MARKETS →

Virgin Galactic stock jumps on return to flight

Today / 13:01

577

Virgin Galactic stock jumps on return to flight

Virgin Galactic shares jump 7.5% as VSS Unity returns to flight operations. Next-gen Spaceship glide tests planned for Q3 2026.

STOCK MARKETS →

Today / 12:30

340

Wolfe Research Downgrades Boston Scientific

Wolfe Research downgraded Boston Scientific to Peer Perform as PFA and Watchman growth falter. Analyst sees 7% growth in 2027, stock in low $50s.

STOCK MARKETS →

...