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OTLY · Nasdaq · United States · Food And Kindred Products
In shortOatly Group AB is loss-making, burns cash and carries heavy debt, with revenue growing (+4.7% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -7.9% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -17.7% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -247.9% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -9.9% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.48× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 28.19× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -0.78× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -8.78 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -4.2% | 3/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 20.4% | 36/100 |
| Operating margin volatility | 21.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.1% | 51/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 643 | 722 | 783 | 824 | 862 |
| Cost of revenue | 488 | 642 | 631 | 587 | 585 |
| Gross profit | 155 | 80 | 152 | 236 | 277 |
| Research & development | 17 | 22 | 21 | 30 | 19 |
| Selling, general & admin | 354 | 413 | 373 | 325 | 321 |
| Operating income | (214) | (396) | (457) | (186) | (68) |
| Interest expense | 16 | 17 | 69 | 70 | 87 |
| Pre-tax income | (215) | (397) | (408) | (199) | (145) |
| Income tax | (2.7) | (4.8) | 8.9 | 3.7 | 8.2 |
| Net income | (212) | (393) | (417) | (202) | (153) |
| Diluted EPS | −$0.39 | −$0.66 | −$0.70 | −$0.34 | −$0.25 |
| Diluted shares (millions) | 549 | 592 | 594 | 597 | 608 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
−8.78 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 13, 2026