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Induct
Induct (INDCT) investor relations material
Induct Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Cost reduction and business right-sizing led to a full-year EBITDA of 7.5 MNOK, up 7.8 MNOK year-over-year.
Operating revenue for Q4 2025 was stable compared to Q4 2024, but full-year revenue declined by 3 MNOK due to higher churn in OSINT Analytics AS.
Operating costs were reduced by 10.4 MNOK, and refinancing lowered financing costs by nearly 6 MNOK, improving after-tax profit by 13.5 MNOK for the year.
Commercial discussions with AstraZeneca for the care-pathway platform are progressing, with an agreement targeted for Q1 2026.
The master data and data management foundation was strengthened, supporting future scalability and AI integration.
Financial highlights
Q4 2025 platform revenue was NOK 3.5 million, nearly flat year-over-year; consulting revenue declined by 100 KNOK.
Full-year EBITDA reached 7.5 MNOK, up from -0.3 MNOK in 2024.
Net profit before tax for Q4 2025 was -3.6 MNOK, similar to Q4 2024; full-year net loss improved to -7.1 MNOK from -20.6 MNOK.
Gross margin for the year was 96.5% for platform and 82.9% for consulting.
Total operating expenses for the year decreased by 10.4 MNOK year-over-year.
Outlook and guidance
Focus remains on driving revenue growth, enhancing EBITDA, and delivering sustainable long-term value.
2026 is positioned as a year of execution and delivery on market opportunities, with profitability at the core.
Expansion into new clinical areas and international markets is planned, leveraging the scalable care-pathway platform.
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Next Induct earnings date
Q1 202610 Apr, 2026
Induct
Next Induct earnings date
Q1 202610 Apr, 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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