Klappir Grænar Lausnir
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Klappir Grænar Lausnir (KLAPP) investor relations material

Klappir Grænar Lausnir H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary5 Feb, 2026

Executive summary

  • Achieved operating revenue of €2.54 million in 2025, up 3.9% year-over-year, with EBIT of €576 thousand and net profit of €265 thousand, despite a lower profit margin compared to 2024.

  • Completed the 2019-2025 strategy, shifting consultancy services to a partner-led model for 2026, enhancing scalability and international expansion.

  • Undertook share capital restructuring, consolidating shares and aligning with euro-denominated market standards to prepare for dual listing on Nasdaq First North Sweden.

Financial highlights

  • Operating revenue increased to €2.54 million from €2.45 million year-over-year.

  • EBITDA rose to €1.10 million (43.3% margin), EBIT to €576 thousand (22.6% margin), and net profit to €265 thousand (10.4% margin).

  • Total assets grew to €7.16 million, equity to €3.29 million, and liabilities stood at €3.88 million.

  • Cash and cash equivalents at year-end were €994 thousand, down from €1.84 million.

Outlook and guidance

  • No dividend proposed for 2026, with profit retained to support growth and strategic initiatives.

  • Transition to a fully partner-led consultancy model expected to accelerate international expansion and operational efficiency.

Rationale for 2026 partner-led consultancy model
NEFCO loan convertibility impact on equity
Future utilization of tax loss carryforwards
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