Ferroamp (FERRO) investor relations material

Executive summary

• Net sales reached 60,017 KSEK (60 MSEK) in Q2 2026, up 223% year-over-year, driven by strong demand, new partnerships, and expanded sales channels.

• EBITDA improved to -8,460 KSEK from -9 MSEK in the prior year, excluding one-time effects from bankruptcy and staff adjustments.

• Positive operating cash flow of 4,194 KSEK achieved in the quarter, compared to -34,836 KSEK last year.

• The company is preparing for the launch of next-generation products to further improve margins and operational efficiency.

• No new equity issuance reported; financing expanded with SEB and Almi loans and credit lines totaling 35 MSEK.

Financial highlights

• Net sales increased by 223% year-over-year to 60,017 KSEK, with growth in all channels and significant contributions from partners Aira and Elvy.

• Gross margin held steady at 22%, supported by higher sales of proprietary products and a reduced share of battery sales.

• EBITDA for Q2 2026 was -8,460 KSEK (−14%), improved from -9 MSEK (−47%) year-over-year; one-time costs included bankruptcy and customer loss reserves.

• Operating cash flow turned positive at 4,194 KSEK, with total cash flow for the period at 1,500 KSEK.

• Equity ratio remains strong at 62%, despite increased short-term borrowings.

Outlook and guidance

• Management maintains the goal of achieving positive EBITDA on a monthly basis in the second half of 2026.

• Continued focus on increasing sales in existing channels and supporting key partners such as Elvy, Aira, and Vattenfall.

• Preparations underway for production of next-generation products, expected to improve gross margin and operational efficiency.