Precio

What Precio does

Precio Fishbone AB (publ) is a Swedish IT consulting and custom software development firm founded in 2001, listed on Nasdaq Stockholm First North Premier Growth Market, and operating approximately 170 employees across offices in Stockholm, Göteborg, Örebro, Gävle, Umeå, Eskilstuna, Amsterdam, and Ho Chi Minh City. Its services span the Microsoft 365 ecosystem (Microsoft 365, Teams, Copilot, Power Automate, SharePoint), Optimizely-based web development, UiPath RPA, low-code on Softadmin, custom .NET development on Azure, UX, cloud/DevOps, and cybersecurity (including ISO 27001-anchored ISMS work). The core go-to-market is a consultative, relationships-driven motion, anchored in Swedish public-sector ramavtal (framework agreements) with entities such as Region Gävleborg, Region Västmanland, Umeå Kommun, and Västra Götalandsregionen, supplemented by partner co-sell via Microsoft, Optimizely, and UiPath.

The firm also operates a small proprietary SaaS portfolio: NGO Online (NGO governance and project reporting, USD-billed across Nordic/international aid organizations), EVF/Ersättning Vid Försening (passenger delay compensation for train operators), and Nödvatten (emergency-water logistics for municipalities, launched 2025). The Kaskelot Online election SaaS was divested to Troman AB in September 2025 for 24.7 mkr. Revenue is generated primarily through time-and-materials consulting (billed by the hour) with a layered subscription SaaS stream; FY2025 net sales were 168.9 mkr SEK with 3.6% EBIT margin, and the Q1 2026 quarterly run-rate was 45.3 mkr (up 3.8% YoY) at a 5.0% EBIT margin.

The company employs a hybrid Sweden-Vietnam delivery model refined over ~15 years, leveraging the Ho Chi Minh City development hub for cost-efficient delivery and embedding AI tooling (GitHub Copilot, Azure OpenAI RAG patterns, Microsoft Copilot Agents) into consultant workflows. Customer mix is concentrated in Swedish public sector (~43% of 2025 revenue), service companies (~25%, up from 18%), and NGOs/aid organizations (~20%). Differentiation rests on a 25-year Microsoft Solutions Partner track record, a 20-year Optimizely Gold partnership, ISO 27001 certification, and a domain-specialized micro-SaaS portfolio that creates modest recurring revenue alongside the consulting core.

Name

Precio

Legal name

Precio Fishbone AB (publ)

Website

https://preciofishbone.se

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Precio Fishbone is a Swedish IT consulting and custom software firm (~170 employees) serving public-sector, service-company, and NGO clients with Microsoft, Optimizely, UiPath, and low-code delivery, complemented by a small portfolio of niche micro-SaaS products.

Ownership category

akta.pro rank

Product category

IT Consulting and Custom Software Development

NAICS

Computer Systems Design Services (541512), Software Publishers (513210)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro industry

PRIMARYHDAEAKAA

Low-Code/No-Code Application Platforms

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Application Development Platforms (Low-Code/No-Code & PaaS)

SECONDARYHDAEAKAE

Process & Case Management Low-Code Platforms

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Application Development Platforms (Low-Code/No-Code & PaaS)

SECONDARYBPAAACAJ

AV/Collaboration & Unified Communications Support (VoIP, Video, UCaaS)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Technical Support & Helpdesk (IT/Device/Product Support)

Keywords

• IT consulting services
• Custom software development
• Microsoft cloud solutions
• Robotic process automation
• SaaS governance platform

Headquarters

HQ city

Borlänge

HQ country

Sweden

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. IT Consulting & System Development: Core revenue stream. Provides custom software development, system integration, cloud services, cybersecurity, UX, and web development services to enterprises and public sector clients in Sweden. Billed primarily on time-and-materials basis (hours). Revenue for 2025 was 168.9 mkr with EBIT of 6.1 mkr (3.6%). Q1 2026 revenue was 45.3 mkr with 5.0% EBIT margin.
2. SaaS Subscriptions (NGO Online, EVF, Nödvatten): Recurring subscription revenue from proprietary SaaS products. NGO Online generates USD-denominated subscriptions from international aid organizations. EVF serves train operators. Nödvatten launched 2025 for Swedish municipalities. Sold Kaskelot Online for 24.7 mkr in September 2025 (2.2 mkr ARR).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Precio Fishbone AB (publ) is a Swedish IT consulting and custom software development firm that delivers strategy, system development, cloud, cybersecurity, UX, and digital workplace services to enterprises and the Swedish public sector, billed primarily on a time-and-materials basis. Alongside consulting, the company sells proprietary recurring SaaS products — NGO Online for aid organizations, EVF for rail passenger compensation, and Nödvatten for municipal emergency water logistics — and is a Microsoft Solutions Partner, Optimizely Gold Partner, and UiPath RPA partner with hybrid Sweden-Vietnam delivery.

Product overview

Precio Fishbone is an IT consulting and software development company that offers both proprietary SaaS products and professional services. Its core SaaS products include NGO Online (governance and reporting platform for aid organisations), EVF (Ersättning Vid Förseningar — compensation management for train operators), and Nödvatten (emergency water logistics for municipalities). The services portfolio spans Microsoft ecosystem solutions (Microsoft 365, Teams, Copilot, Power Automate, SharePoint), RPA and automation (UiPath), low-code development (Softadmin), Optimizely-based web development, system and software development, cybersecurity, and hybrid delivery teams combining Swedish and Vietnam-based consultants. The company operates across Sweden, the Netherlands, and Vietnam.

Differentiator

Problem solved

Functional benefit

Brands

• NGO Online: SaaS platform for aid organizations to manage governance and reporting of projects and programs
• EVF (Ersättning Vid Försening)
• Nödvatten

Products and services

• NGO Online SaaS platform for international aid and non-governmental organizations to manage governance, project and program reporting, and compliance. Sold as recurring subscriptions (USD-denominated) to multiple Nordic and international NGOs.
• EVF (Ersättning Vid Föreseningar)

Quantifiable outcome

• Mälartåg reduced compensation claim handling time from several weeks to one day using EVF
• +4 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Tapper Partners ABminorOthers · 1 January 2026Certified Adviser for Nasdaq Stockholm First North Premier Growth Market, effective September 1, 2025. Replaced DNB Carnegie Investment Bank AB which served as Certified Adviser until then.
• DNB Carnegie Investment Bank ABminorOthers · 1 January 2026Liquidity provider for Precio Fishbone's B-share on Nasdaq Stockholm First North Premier Growth Market. Also served as Certified Adviser until September 2025.
• Troman ABminorOthers · 10 September 2025Acquired 100% of Scandinavian Election Solution AB (Kaskelot Online) for 24.7 mkr. Troman AB is Sweden's leading supplier of software for elected official administration, used by 175 municipalities and regions. Kaskelot Online was divested because it needed a better strategic fit and Troman provides that.
• MicrosoftcoreTechnology or Integration · 1 January 2025Microsoft Solutions Partner in four competency areas. Long-standing Microsoft specialist (25 years) following Microsoft's ecosystem evolution. Provides consulting services around Microsoft 365, Teams, Copilot, Power Automate, SharePoint, and Azure. Actively incorporates Microsoft's AI tools including Copilot agents across service offerings.
• OptimizelycoreTechnology or Integration · 1 January 2025Gold Solution Partner and 20-year partner. Awarded Nordics Rising Star Partner of the Year 2025. Delivers Optimizely CMS implementations, upgrades, and AI features (Opal). Built delivery capacity in both Gothenburg and Stockholm. Has a ramavtal with Region Västmanland for Optimizely services.
• UiPathcoreTechnology or Integration · 1 January 2025UiPath partnership for Robotic Process Automation (RPA). Provides RPA automation services to customers including SIDA and Energimyndigheten. UiPath is used for intelligent document processing and automation across various business processes.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/preciofishbonesweden
• LinkedInuk.linkedin.com/company/precio-fishbone
• Xx.com/precio_fishbone

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precio