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Edge12 Dec 2025
Running on Clouds: The Story of On
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Induct (INDCT) investor relations material
Induct Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Disciplined cost control and business streamlining led to a significant margin increase and improved profitability, despite lower revenues compared to Q3 2024.
EBITDA for Q3 2025 reached NOK 1.6 million, more than doubling year-over-year, and YTD EBITDA is up by 13% compared to last year.
Net loss after tax for Q3 2025 improved by NOK 1.8 million year-over-year, with YTD loss reduced by nearly NOK 3 million.
Commercial discussions with AstraZeneca and Portsmouth are progressing, with agreements expected by Q4.
New license agreement signed for a healthcare module developed with Sunnaas Sykehus.
Financial highlights
Q3 2025 revenue was NOK 3.4 million, down from NOK 5.2 million in Q3 2024, mainly due to accounting corrections and the end of the Warm Systems contract.
Platform revenue in Q3 2025 was NOK 2.4 million, a 40% decrease year-over-year, while consulting revenue slightly increased.
Operating expenses for Q3 2025 were less than 40% of Q3 2024 levels, at NOK 1.6 million.
EBITDA for Q3 2025 was NOK 1.6 million, up from NOK 0.7 million in Q3 2024.
Net profit before tax for Q3 2025 was -NOK 1.7 million, an improvement of NOK 1.8 million year-over-year.
Outlook and guidance
Focus remains on increasing revenues, strengthening EBITDA, and delivering solid financial results.
International growth expected through dedicated sales resources and new product modules.
Agreements with AstraZeneca and Portsmouth anticipated by Q4, with potential for further UK expansion.
Quantify actual Q3 revenue reduction vs. Q3 2024
When is AstraZeneca/Portsmouth agreement expected?
What is the company's defense against OSINT claim?
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Q4 202512 Feb, 2026
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Frequently asked questions
Induct AS, based in Oslo, Norway, is a technology company that specializes in the development of management software, operating both locally and internationally. The company provides a comprehensive digital platform designed to facilitate management and collaboration on various projects and contracts. This platform offers an array of features, including video meetings, task management, file management, document storage, news feeds, and chat areas. Induct's services cater to a diverse clientele, including organizations, business owners, entrepreneurs, teachers, nurses, parents, students, among others, aiming to streamline their operational processes and enhance collaboration.The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.
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