Johan A. Gustavsson
Chairman
INVESTOR RELATIONS · NASDAQ FIRST NORTH GROWTH MARKET · TENEO
Reset complete. Debt-free and focused.
In 2026 Teneo AI refinanced, closed a fully secured rights issue and nearly halved its cost base. We now take two products to market: Teneo10 for regulated contact centers, and Teneo Personal Assistant for telecom operators.
Why Teneo now
A clean balance sheet
Capital Four's senior loan of about SEK 290 million was converted to equity. With the SEK 74 million rights issue, Teneo AI has no interest-bearing debt.
A leaner company
The run-rate opex was SEK 60.5 million in September 2026, against SEK 113 million a year earlier. We build with AI, and that efficiency goes into the product and into fixed per-minute pricing.
A new product with references
Teneo10 is in preview with customers. Medtronic is building its next-generation voice AI agent on ServiceNow with Teneo.
A clear financial target
Positive cash flow is our overriding financial target.
We focus on regulated European enterprises: banks, insurers, telcos and utilities. Partners will serve smaller customers.
What we sell
Teneo10
AI approved to act. Not just answer.
An AI agent for voice and chat that resolves the customer's issue inside the systems of record. It can also run headless, as a control layer under partners' and customers' own products.
Teneo Personal Assistant
Give every subscriber a personal assistant they will pay for.
It answers calls for subscribers in the operator's network, in the operator's brand, at the operator's price.
- 120 million support calls for Microsoft in 2025, 91% automated
- 80% of AT&T in-home tech support resolved without a human
Refinancing completed in 2026
| Item | Fact | Source |
|---|---|---|
| Rights issue | About SEK 74 million, fully secured, closed September 2026 | Press release, 3 Sep 2026 |
| Debt | Senior loan of about SEK 290 million settled through set-off against shares. No interest-bearing debt remains | Press release, 16 Sep 2026 |
| Largest shareholder | Capital Four, 29.9% | Q3 2026 report |
| Run-rate opex | SEK 60.5 million (Sep 2026), against SEK 113 million a year earlier | Q3 2026 report |
Full figures, including net sales and ARR, are in the quarterly reports.
Reports and press releases
Latest quarterly report
Press releases
Financial reports
Annual reports, interim reports and the company description are hosted on this site.
All financial reports
Annual reports and quarterly/interim reports with PDFs hosted under Investor Relations where available.
Company description
Teneo AI AB’s (former Artificial Solutions International AB) company description prior to listing on Nasdaq First North. Swedish PDF.
Financial calendar
| Date | Event |
|---|---|
| 24 Feb 2027, 07:35 | Year-end report 2026 |
| 19 May 2027, 07:30 | Q1 2027 report |
| 26 Aug 2027, 07:30 | Q2 2027 report |
Share and governance
- Listed on Nasdaq First North Growth Market, Stockholm. Ticker: TENEO.
- Certified Adviser: Redeye Nordic Growth AB. In its role as Certified Adviser, Redeye Nordic Growth AB guides and monitors the company’s compliance with the Nasdaq First North Growth Market rules. Contact: certifiedadviser@redeye.se, phone +46 (0)8 121 576 90, www.redeye.se.
- Corporate Governance · Certified Adviser · Articles of Association · Financial calendar · Financial reports · Regulatory press releases · General meetings · Board of Directors · Management team · Trust Center
Board of Directors
Lars Roth
Board member
Mathias Björkholm
Board member