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KebNi (KEBNI) investor relations material

KebNi Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary23 Oct, 2025

Executive summary

  • Q3 2025 saw stable results with an EBITDA margin of 11% and revenues of 30.4 MSEK, up 8% year-over-year, reflecting continued progress toward long-term growth.

  • The Inertial Sensing segment drove most of the revenue increase, with strong demand from the drone and defense sectors.

  • Strategic partnerships, such as with Saab and Aimpoint, and product development in SensAltion and Satcom, supported growth.

Financial highlights

  • Q3 net sales: 30,422 KSEK (up 8% YoY); EBITDA: 3,479 KSEK (margin 11%); net profit: 938 KSEK (margin 3%).

  • Jan–Sep net sales: 99,061 KSEK (up 10% YoY); EBITDA: 11,781 KSEK (margin 12%); net profit: 4,203 KSEK (margin 4%).

  • Cash flow for Q3: -9,562 KSEK; cash and equivalents at period end: 9,699 KSEK.

  • Equity at period end: 73,466 KSEK; equity ratio: 62%.

Outlook and guidance

  • Continued positive demand in Inertial Sensing and Satcom, with focus on scaling SensAltion production and expanding in Europe and Asia.

  • Geopolitical factors, including Sweden's NATO accession, expected to support long-term defense market growth.

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Frequently asked questions

KebNi develops, manufactures, markets and sells antenna systems for high-performance commercial communication in maritime applications. KebNi delivers optimized solutions for VSAT networks involving both mobile and on-shore terminal users. KebNi’s market area comprises ocean going vessels, commercial ports, newbuildings and carriers as well as state authorities that have a need for shipborne communication. Our target market is global. The company is headquartered in Stockholm, Sweden.

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