Scandal-hit Intellego reports fourth-quarter loss
Photo: Anders Wiklund/TT

Scandal-hit Intellego reports fourth-quarter loss after tax of SEK 95.6 million

The scandal-plagued UV technology company Intellego Technologies reported a loss after tax of SEK 95.6 million for the fourth quarter of last year.

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This compares with the loss of 4.8 million in the corresponding quarter a year earlier.

Net sales rose to 25.6 million from 21.2 million, Intellego writes in the report.

The report comes after essentially all revenue during the first three quarters of 2025 was found to be fraudulent in an investigation conducted by the accounting firm KPMG, which was presented in January.

Intellego's board has pointed to the then-CEO as responsible and claims that the same type of cheating was also committed with regard to 2024 revenues.

The then-CEO was arrested on November 18 last year on suspicion of aggravated fraud. He has since been released but remains a suspect. A board member has also been served with a warrant in the case.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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