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Anoto Group (ANOT) investor relations material
Anoto Group Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Aug, 2025
Executive summary
Net sales for Q2 2025 were 4 MSEK, down 29% year-over-year; H1 2025 net sales were 10 MSEK, down 44% year-over-year.
Gross margin improved to 53% in Q2 (from 38%) and 63% for H1 (from 58%).
Operating loss widened to -21 MSEK in Q2 (from -16 MSEK) and -34 MSEK for H1 (from -30 MSEK).
Result per share improved to -0.02 SEK in Q2 (from -0.04 SEK); unchanged at -0.04 SEK for H1.
New product line "inq" launched with positive initial feedback; retail deliveries began in July.
Financial highlights
Q2 net sales: 4 MSEK (6 MSEK Q2 2024); H1 net sales: 10 MSEK (19 MSEK H1 2024).
Q2 gross margin: 53% (38% Q2 2024); H1 gross margin: 63% (58% H1 2024).
Q2 operating result: -21 MSEK (-16 MSEK Q2 2024); H1: -34 MSEK (-30 MSEK H1 2024).
Q2 EBITDA: -20 MSEK (-14 MSEK Q2 2024); H1: -32 MSEK (-27 MSEK H1 2024).
Q2 net result: -19 MSEK (-17 MSEK Q2 2024); H1: -56 MSEK (-18 MSEK H1 2024).
Cash flow for Q2: -2 MSEK (8 MSEK Q2 2024); H1: -3 MSEK (6 MSEK H1 2024).
Cash at period end: 0.3 MSEK (8.3 MSEK Q2 2024).
Outlook and guidance
Focus on ramping up sales of the new inq product line and expanding product ecosystem.
Further product launches and color variants planned for H2 2025.
Ongoing investments in product innovation, software, and customer experience.
What is the early customer feedback on inq?
Status of $600k financing for Achilles loan conversion?
How will Enterprise Solutions leverage the inq pen?
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Next Anoto Group earnings date
Q3 202528 Nov, 2025
Next Anoto Group earnings date
Q3 202528 Nov, 2025
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Frequently asked questions
Anoto Group AB is a technology company based in Stockholm, Sweden. It specializes in digital writing and drawing solutions that convert handwritten text and illustrations into digital formats. The company's technology includes the Anoto Pen Solutions, which combine digital pens with dot pattern technology, facilitating data capture from paper and other surfaces like whiteboards and LCD screens. These solutions are widely used in healthcare and field services. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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