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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Airthings
Airthings (AIRX) investor relations material
Airthings has been delisted
Airthings Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Mar, 2026
Executive summary
Revenue declined 16% year-over-year to NOK 346m, driven by a 22% drop in the Consumer segment, while Business and Professional segments grew modestly.
Gross margin improved to 58% from 56% despite US tariffs, but EBITDA loss remained high at NOK 105m, only slightly better than the prior year.
Major restructuring, including workforce reduction and capital raise of NOK 105m, aimed at improving efficiency and liquidity.
Delisting from Euronext Oslo Børs completed in February 2026, with a new CEO appointed effective January 2026.
Financial highlights
Total revenue: NOK 346m in 2025 (down from NOK 414m in 2024).
Gross profit: NOK 202m (down 13% year-over-year), gross margin up to 58%.
EBITDA loss: NOK 105m (improved from NOK 107m loss in 2024), impacted by NOK 8m restructuring costs and NOK 4.6m inventory write-offs.
Net loss: NOK 173m (NOK 172m in 2024).
Cash flow from operations: NOK -114m (NOK -33m in 2024).
Outlook and guidance
Focus on profitable growth, further cost reductions, and inventory optimization in 2026.
All business segments expected to drive revenue growth in 2026, with improved profitability and cash flow anticipated.
Continued investment in core product offerings and software enhancements.
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Latest events from Airthings
- Revenue and margins improved as EBITDA losses narrowed and ARR grew.AIRX
Q4 2023 - Q3 2025 revenue fell 34% to USD 6.6m, but gross margin rose to 64%; liquidity remains a risk.AIRXQ3 2025
- Revenue and profit declined sharply in Q2 2025, prompting restructuring and urgent capital search.AIRXQ2 2025
- Consumer growth offset Business decline; Q4 faces up to USD 1.2M battery-related risk.AIRXQ3 2024
- Q2 revenue up 17% YoY, consumer segment surges, cost cuts target EBITDA break-even in 2025.AIRXQ2 2024
- Business segment growth and margin recovery offset by Consumer decline and ongoing uncertainty.AIRXQ1 2025
- Record Consumer growth and device shipments offset by margin pressure; 2025 outlook strong.AIRXQ4 2024
Airthings
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Frequently asked questions
Airthings ASA, develops, produces, markets, and sells radon measurement, indoor air quality, and energy efficiency monitors worldwide. It operates through Radon Gas and Smart Indoor Environment segments. The company offers battery powered Wi-Fi enabled radon gas monitors for residential and real estate market; and smart indoor environment monitors with integrated digital display to monitor temperature, humidity, CO2/VOCs/TVOCs levels, air pressure, and presence of mold. The company was founded in 2008 and is headquartered in Oslo, Norway.