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Amido (AMIDO) investor relations material

Amido Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary21 Aug, 2025

Executive summary

  • Achieved 17% year-over-year net sales growth in Q2 2025, with recurring revenue up 14% and zero churn.

  • Growth primarily driven by upselling to existing customers and new partnerships in access and security solutions.

  • Restructuring in June resulted in a one-time cost of 1.3 MSEK, but is expected to yield annual savings of 1.4 MSEK.

  • Adjusted EBITDA improved by 37% compared to Q2 2024, reflecting enhanced cost control.

Financial highlights

  • Q2 2025 net sales: 10.2 MSEK (up from 8.8 MSEK in Q2 2024); ARR at period end: 28.1 MSEK (24.6 MSEK in Q2 2024).

  • Q2 EBITDA: 0.4 MSEK (1.2 MSEK in Q2 2024); adjusted EBITDA: 1.7 MSEK (1.2 MSEK in Q2 2024).

  • Q2 result before tax: -1.6 MSEK (-1.0 MSEK in Q2 2024); EPS: -0.05 SEK (-0.04 SEK in Q2 2024).

  • H1 2025 net sales: 19.0 MSEK (up 9% from 17.5 MSEK in H1 2024); H1 EBITDA: 0.8 MSEK (2.4 MSEK in H1 2024).

  • Cash and equivalents at period end: 10.7 MSEK; no credit facilities utilized.

Outlook and guidance

  • Market shows signs of recovery with increased optimism and investment activity in Swedish real estate.

  • Focus remains on digitalization and Smart Access, leveraging new partnerships to accelerate growth.

  • Restructuring expected to support positive cash flow and profitability in coming periods.

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Frequently asked questions

Amido is a software developing company. Amido offers products that enables users to administer access control systems independent of the manufacturer. The company's core product is Amido Alliera, which is designed to enable users to control access systems independently from the vendor. Amido Alliera lets users create, assign and revoke credentials in seconds. In addition, Amido Alliera makes it easy to monitor activity logs and get a point of view whether you want to keep an eye on people entering the building location, manage a complex set of assets or offices all over the world. Amido was founded in 2008 and is based from Gothenburg, Sweden.

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