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CodeMill (CDMIL) investor relations material
CodeMill Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for Q2 2025 was 17,244 KSEK, down 31% year-over-year, mainly due to a discontinued consulting contract and a weaker USD.
EBIT for Q2 was -1,639 KSEK, compared to 2,712 KSEK last year; EBITDA was 2,214 KSEK with a 13% margin.
Recurring revenue annual run rate grew 2% year-over-year to 42,719 KSEK.
Strategic shift from consulting to product focus continues, with recurring product revenues increasing.
Financial highlights
H1 2025 revenue was 36,316 KSEK, a 24% decrease year-over-year; excluding the lost consulting contract, the decrease was 5%.
EBIT for H1 2025 was -228 KSEK, down from 6,466 KSEK last year.
EBITDA for H1 2025 was 7,352 KSEK (20% margin), down from 14,087 KSEK (29% margin) last year.
Cash flow from operations in H1 was 7,518 KSEK, down from 18,692 KSEK.
Cash and cash equivalents at period end were 27,234 KSEK.
Outlook and guidance
Focus on accelerating business and sales after a challenging quarter.
No further major costs expected from the Ateliere transaction.
Previous financial targets are now obsolete; new internal goals are being pursued.
Next CodeMill earnings date

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