Mid-Year Update from Allicon
As the fall season approaches, we’d like to take the opportunity to share a mid-year update from us at Allicon.
Dear Partners, Clients, and Stakeholders,
We're excited to share our mid-year update as we continue revolutionizing indoor connectivity solutions across Sweden and beyond. The momentum that has driven our business throughout 2025 remains stronger than ever, with exceptional growth through the last year and a robust foundation for the year ahead.
Exceptional Financial Performance
Our results for the first half of 2025 demonstrate the strength of our business model and market position. We've achieved 173% growth compared to the same period last year, with our rolling twelve-month revenue more than doubling to SEK 44.6 million. Our Annual Recurring Revenue (ARR) has grown to SEK 11.5 million from SEK 9.9 million, reflecting the sustainable nature of our business relationships.
Importantly, all three of our business segments are experiencing positive development while we continue generating positive cash flow. This positions us perfectly to execute our ambitious growth strategy while maintaining financial discipline.
Real Estate Digitalization: Transforming Sweden's Property Landscape
Our real estate segment continues to attract Sweden's most forward-thinking property owners who recognize the critical importance of digital infrastructure. This year, we've successfully delivered cutting-edge solutions to several landmark projects:
Kineum in Gothenburg for Platzer, showcasing our ability to serve premium commercial developments
Alecta Fastigheter's complete Nacka Strand portfolio, with the next exciting phase launching this fall
Ongoing expansion serving several of Sweden's largest property owners, maintaining exceptionally high customer satisfaction scores
We now provide connectivity solutions to thousands of businesses across our network, meeting the rigorous standards expected by institutional property owners. The growing demand for our consulting services reflects the market's recognition of our expertise—most recently demonstrated through our collaboration with Elof Hansson Fastigheter on the transformative Global Business Gate project in Gothenburg.
5G Innovation: Pioneering the Future of Connectivity
Our 5G division continues its steady expansion as organizations across sectors recognize the transformative potential of next-generation wireless technology. Two particularly exciting developments highlight our market leadership:
Healthcare Innovation with VGR 5G: As part of Västra Götaland Region's internationally acclaimed VGR 5G initiative, we're implementing 5G infrastructure across approximately 20 hospitals throughout the region. This groundbreaking project positions Sweden at the forefront of connected healthcare technology and demonstrates our capability to deliver mission-critical solutions.
PropView: AI-Powered Automation: Through our strategic partnership with a leading U.S. mobile operator, we've enhanced our proprietary digital platform PropView with breakthrough automation capabilities. By integrating advanced machine learning with our deep indoor connectivity expertise, we've created world-leading tools that streamline critical workflows for 5G deployments—setting new industry standards for efficiency and reliability.
Looking Ahead: Positioned for Continued Success
As we enter the final months of 2025, Allicon stands in a strong position. Our proven track record, innovative solutions, and growing client base provide a solid foundation for sustained growth. By maintaining our unwavering focus on creating tangible value that addresses our customers' most pressing connectivity challenges, we continue enabling the future of indoor digital infrastructure.
The opportunities ahead are strong, and we remain committed to leading Sweden's digital transformation while expanding our impact internationally.
Thank you for your continued trust and partnership.
The Allicon Team