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Investor Relations14 Oct 2025
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EYE World (EYEW) investor relations material
EYE World Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary25 Aug, 2025
Executive summary
Achieved ARR growth of 179% and sales growth of 104% compared to Q1 2024, driven by the completed acquisition of Safestate AB and strong B2B and B2C white label sales.
Surpassed 1 million active subscriptions, signed major agreements, and expanded strategic partnerships, supporting rapid growth and market validation.
Focus remains on delivering signed agreements, finalizing outstanding LOIs, and expanding with new and existing partners in the Nordics and internationally.
Financial highlights
Q2 2025 net sales: KSEK 10,807 (up from KSEK 5,522 year-over-year); H1 2025 net sales: KSEK 18,642 (up from KSEK 9,504 year-over-year).
Q2 2025 EBITDA: KSEK 3,604 (KSEK 802), adjusted for restructuring costs: KSEK 5,001 (KSEK 2,222).
Q2 2025 result: KSEK -4,058 (KSEK -3,041); H1 2025 result: KSEK -5,444 (KSEK -4,778).
Cash balance as of July 1, 2025: MSEK 12.8; equity as of June 30, 2025: KSEK 156,012 (KSEK 61,023 year-over-year).
Annual Recurring Revenue (ARR) at end of Q2 2025: MSEK 50.7 (MSEK 18.2 year-over-year).
Outlook and guidance
Board is considering a transition to IFRS accounting standards, which would result in positive reported profits due to more flexible amortization of goodwill and intangibles.
Under IFRS, Q2 2025 result would have been positive at approximately MSEK 1.4; H1 2025 at approximately MSEK 1.9.
Continued focus on executing existing agreements, finalizing LOIs, and expanding product offerings with partners.
How would IFRS adoption change reported profit?
What drove the 1M subscriber milestone?
Pro forma Q2 sales for the combined entity?
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Next EYE World earnings date
Q3 20253 Nov, 2025
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