FlexQube (FLEXQ) investor relations material

Executive summary

• Order intake for Q4 2025 surged 103.2% year-over-year to 54.1 MSEK, with full-year order intake up 12.5% to 143.4 MSEK, driven by strong robotics demand and new customer projects.

• Net sales declined 18.8% in Q4 and 19.9% for the full year, reflecting delayed deliveries and market headwinds, especially in Mexico and the automotive sector.

• Positive EBITDA of 0.6 MSEK in Q4, with full-year EBITDA at -20.2 MSEK, showing improvement from prior year due to higher service revenues and cost efficiencies.

• Major investments in robotics and automation, with significant pilot and follow-up orders from leading US and European customers.

Financial highlights

• Q4 2025 net sales: 36.1 MSEK (down 18.8% YoY); full-year net sales: 105.2 MSEK (down 19.9% YoY).

• Q4 EBITDA: 0.6 MSEK; Q4 EBIT: -2.5 MSEK; Q4 net loss: -2.9 MSEK; EPS: -0.2 SEK.

• Full-year EBITDA: -20.2 MSEK; full-year EBIT: -30.0 MSEK; full-year net loss: -32.0 MSEK; EPS: -1.9 SEK.

• Cash flow for Q4: 23.0 MSEK (driven by 45.7 MSEK from financing activities); full-year cash flow: 0.5 MSEK.

• Cash and cash equivalents at year-end: 35.5 MSEK.

Outlook and guidance

• Entering 2026 with a strong order backlog and optimism for higher sales volumes and improved profitability.

• US market remains the primary growth driver, with increased focus on automation and robotics solutions.

• Ongoing investments in Mexico to support local sales and supply chain resilience.