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Clean Motion (CLEMO) investor relations material

Clean Motion Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary13 Nov, 2025

Executive summary

  • Sales for Jan–Sep 2025 reached 1,468 TSEK, more than doubling from 612 TSEK year-over-year.

  • Operating loss before depreciation was -7,354 TSEK, nearly unchanged from -7,371 TSEK last year.

  • Key commercial milestones include a follow-up order in the Netherlands, entry into the Finnish market, and a pilot with Partille municipality.

  • 8.2 MSEK was raised via TO3 warrants, and 11 MSEK in research funding was secured.

Financial highlights

  • Net sales for Jan–Sep 2025: 1,468 TSEK (612 TSEK in 2024).

  • Operating result before depreciation: -7,354 TSEK (-7,371 TSEK in 2024).

  • Result after financial items: -11,198 TSEK (-10,927 TSEK in 2024).

  • Cash and cash equivalents at period end: 1,497 TSEK.

Outlook and guidance

  • Updated market strategy focuses on segments valuing EVIG’s versatility, solar charging, and configurability.

  • Increased inflow of inquiries, especially in event and café segments, is noted.

  • Zbee production in India restarted at low pace; further local financing needed for scale-up.

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Frequently asked questions

Clean Motion AB is a Swedish company that focuses on developing and manufacturing electric vehicles, particularly electric tricycles for urban transportation. The company's products are designed to enhance energy efficiency and sustainability in city environments. Clean Motion's flagship vehicle, the EVIG, is a three-wheeled electric vehicle optimized for last-mile deliveries. It features lightweight construction, a solar panel roof, and modular cargo space to maximize utility and minimize energy consumption. The company is headquartered in Jonsered, Västra Götaland, Sweden, and its shares are listed on the Nasdaq Stockholm.

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