Financial Overview

Tobii is the world leader in eye tracking and pioneer of attention computing. In April 2021, Tobii announced a review of its structure to accelerate the long-term growth and success of the company. The proposal aims to create shareholder value by splitting the company into two parts — merging the current Tobii Pro and Tobii Tech divisions and spinning off Tobii Dynavox.

Preparations for the distribution of Tobii Dynavox shares to the ordinary shareholders of Tobii, with the subsequent initial public listing of Tobii Dynavox on Nasdaq Stockholm, are ongoing in accordance with the rules of Lex Asea.

Read more about spin-off of Tobii Dynavox

Financial goals

Tobii expects to release forward-looking financial targets in connection with the capital markets day that Tobii intends to host ahead of the spin-off.

On October 4, 2021, Tobii Dynavox introduced new financial targets: to increase revenue by more than 10% (currency-adjusted) on average annually, to achieve and maintain an EBIT margin of more than 15%, and to maintain a net debt of 2.5x (± 0.5x) last 12 months EBITDA.

Financial performance

Net revenue (MSEK)

  2020 2019 2018 2017
Tobii Dynavox 894 906.3 797.6 708.3
Tobii Pro 366 442.9 396.6 304.1
Tobii Tech 230 221.7 149.8 120.6
The Group 1,426 1,501.3 1,277.8 1,078.9

EBIT margin (as a percentage)

  2020 2019 2018 2017
Tobii Dynavox 14 11 8.8 10.4
Tobii Pro -2.8 12.1 11.3 8.5
Tobii Tech neg neg neg neg
The Group -7.2 -9.2 -14.7 -17.7

Risk and risk management

Risks and uncertainties are a natural part of all business. Tobii works continuously to identify, assess and manage the risks to which the business is exposed. Read more

Financial definitions

Overview of the financial definitions used in Tobii's financial reporting. Read more

Forward-looking information

Financial targets represent forward-looking information. Forward-looking information means that no guarantee can be given regarding future earnings or development and the actual results may differ from those expressed in forward-looking information.