Front Ventures is a Swedish investment company focused on defense technology and dual-use innovations. The firm invests in Ukrainian innovation companies to support their business development and scaling of production in Western Europe. Its portfolio targets include UAV control systems, target acquisition, command software platforms, autonomous defense systems, secure communications infrastructure, and counter-drone systems. Front Ventures bridges Ukrainian military innovations with Western capital, production capacity, and military needs. The company launched a joint venture named Scandinavian X with Swedish and Ukrainian partners. It has invested in Aviation Center Engelholm, SkyHunter, Aeromotors, and Black Forest Systems. Front Ventures is listed on the NGM in Stockholm.

Summarised from the company's own disclosures, fiscal year ended Sep 2026

Industry Asset Management Homepage frontventures.se
Sector Financial Services IR page frontventures.se/investor-relations
Tags
defense technology, dual-use innovations, uav control systems, target acquisition, command software, autonomous defense systems, secure communications, counter-drone systems, electronic countermeasures, venture capital, Aviation Center Engelholm, SkyHunter, Scandinavian X, Aeromotors, Black Forest Systems, Hede Capital
Press page frontventures.se/news

Metrics

Valuation  
Market cap kr 131.813M
P/E -7.34
P/BV 2.01
P/S 33.57
P/OCF -9.47
P/FCF —
Dividend yield —
Turnover / mcap —
Returns  
ROE -78.9%
ROI -55.8%
ROIC -4.2%
Profit margin -322.9%
Growth  
Revenue growing No
Profits growing No
Revenue up 3y No
Revenue up 5y —
Quality  
Profitable No
Margin expanding Yes
Buying back stock No
Diluting (TTM) —
Podcast bulls (TTM) Sign up
Podcast bears (TTM) Sign up
Podcast sentiment (TTM) Sign up
Podcast sentiment % (TTM) Sign up
News sentiment (TTM) 0
Quality score -50.0%
Insiders  
Buys, 1w Sign up
Buys, 1m Sign up
Buys, 1y Sign up
Sells, 1w Sign up
Sells, 1m Sign up
Sells, 1y Sign up

Sign up to see this company's insider trades

Figure FY 2025 FY 2024 FY 2023 FY 2022
Revenue 3.926M 1.032M 3.999M 168K
Net profit -12.677M -6.574M -60.728M -9.568M

Sign up to see institutional holdings

Sign Up

Podcast Mentions

Sign up to see podcast mentions and sentiment

Sign Up

Prompts

Front Ventures (ticker FRNTB), listed in Sweden.