I’m putting the finishing touches on a new Deep Dive for tomorrow. It’s a tiny aviation software player that feels like a "quiet reactor" in a basement—nobody notices it until the gauges start looking incredibly healthy.

The stats are wild for a microcap:

• 91.8% Equity Ratio (Zero debt)

• 67.6% Rule of 40 score

• ~MSEK 1M Net Profit per employee

It’s a classic "land and expand" story hiding in the Swedish markets. Full breakdown drops tomorrow morning on Atomic Moat and in your inbox if you are subscribed. 🛫