Enrad (ENRAD) investor relations material

Executive summary

• Q3 revenue was 12,914 Tkr (12,575); nine-month revenue was 31,240 Tkr (44,022), while the nine-month operating loss widened to 11,647 Tkr from 4,979 Tkr.

• After a major investment and production-transition phase, focus shifted to increasing output and realizing capacity gains; Q4 order book strengthened significantly.

Financial highlights

• Q3 revenue reached 12,914 Tkr (12,575); operating result before depreciation, amortization and financial items was -562 Tkr (-311), and result after those items was -1,371 Tkr (-1,422).

• Nine-month revenue was 31,240 Tkr (44,022); operating result before depreciation, amortization and financial items was -9,469 Tkr (-1,788), and result after those items was -11,647 Tkr (-4,979).

• Nine-month net loss was 11,647 Tkr (4,979); Q3 loss per share was SEK 0.05 (0.05), and nine-month loss per share was SEK 0.43 (0.18).

• Q3 parent-company revenue was 10,963 Tkr (12,471), with result after depreciation, amortization and financial items of -724 Tkr (-424); nine-month revenue was 27,363 Tkr (41,175).

Outlook and guidance

• Q4 order book increased substantially and activity improved across markets; Q4 results depend more on production and delivery of existing orders than on securing additional business.

• The new facility, completed investments and stronger organization are intended to increase production capacity and shorten lead times progressively.

• The board assessed that operating conditions could be sustained through 2026 without a capital injection, while continuing to monitor funding needs and financing alternatives.