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Intellego Technologies
Intellego Technologies (INT) investor relations material
Intellego Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary20 Feb, 2026
Executive summary
Q4 2025 report and restated accounts for 2024 and 2025 were presented following extensive forensic and internal investigations into massive fraud, resulting in significant restatements and a much smaller business profile.
The outgoing board has not made binding strategic decisions, leaving a clean slate for the incoming board to determine future direction.
Stabilization efforts since November 2025 focused on understanding and addressing the fraud, restating accounts, and engaging stakeholders.
The business now centers on Daro Group, with a focus on UV disinfection and curing technologies.
2025 was marked by the arrest of the former CEO for gross fraud, leading to a forensic investigation and major restatements of financials for 2024 and 2025.
Financial highlights
SEK 640 million in 2025 and SEK 134 million in 2024 were reversed due to incorrect revenue recognition, following KPMG forensic analysis.
Group Q4 2025 revenues were SEK 25.6 million, up from SEK 21.2 million in Q4 2024; full-year 2025 group revenues were SEK 98 million, up from SEK 94 million.
Group Q4 2025 operating profit was -SEK 88 million, compared to -SEK 15 million in Q4 2024; full-year 2025 group operating profit was -SEK 175 million.
Daro Group revenue grew to GBP 7.3 million (SEK 96.1 million) in 2025, up 7.2% year-over-year, with EBITDA margin rising to 11%.
Net loss for 2025 was SEK -189.4 million, with EPS of SEK -6.16; cash flow from operating activities was SEK 55 million.
Outlook and guidance
No financial guidance for 2026 is provided; a revised business plan is in development.
The company aims to grow Daro Group with improved margins and focus on dosimeter technology for healthcare and industrial UV validation.
Emphasis on leveraging Daro as a base, with global potential for UVC products and industrial curing markets.
Mitigation for going concern given frozen cash
Path to profitability for core ink technology
Further actions on 2024 fraud complicity
Are more adjustments expected to the accounts?
When will the revised business plan be ready?
What is the strategy for QIKcap market entry?
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Next Intellego Technologies earnings date
Q1 202629 May, 2026
Intellego Technologies
Next Intellego Technologies earnings date
Q1 202629 May, 2026
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Frequently asked questions
Intellego Technologies is a Sweden-based company specializing in photochromatic indicator technology. It is recognized as a leading manufacturer of colorimetric ultraviolet indicators, utilizing patented technology to produce devices that are crucial in validating the efficacy of ultraviolet irradiation for germicidal purposes. These indicators change color to provide visible evidence of UV-C spectrum irradiation, serving a vital role in ensuring environmental cleanliness and safety. Intellego's products find applications across diverse sectors, including healthcare, hospitality, retail, transportation, and commercial settings. Their UVC Dosimeters, in particular, are designed for various uses, from ensuring precise UV exposure levels in UV curing processes to aiding in sustainable horticulture practices. Intellego Technologies aims to lead in the development and validation of UV technology, enhancing its effectiveness for end-users worldwide. The company is headquartered in Stockholm, Sweden, and its shares are listed on Nasdaq First North.
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