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Klappir Grænar Lausnir (KLAPP) investor relations material

Klappir Grænar Lausnir H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2025 earnings summary27 Aug, 2025

Executive summary

  • Significant investment in AI and innovation, with R&D spending up to 50% of subscription revenue, while maintaining cost control and profitability focus in H1 2025.

  • Ecosystem expanded to 3,957 business entities across 58 countries, with a growing partner network now at 39 partners in 21 countries.

  • Customer engagement remains robust despite macroeconomic uncertainty, with measurable sustainability impact and strong customer satisfaction.

  • Platform recognized for supporting regulatory readiness, climate goals, and ESG reporting.

Financial highlights

  • Total revenue reached ISK 304.9 million, a 2.5% increase year-over-year.

  • EBITDA was ISK 27.2 million (9.6% margin), down from ISK 32.0 million (11.8%) in 2024.

  • Operating profit (EBIT) was ISK -6 million, compared to ISK 5.7 million in 2024.

  • Net profit was ISK -19.6 million, compared to ISK -10.3 million in 2024.

  • Total assets increased to ISK 911.9 million from ISK 840.6 million in 2024.

Outlook and guidance

  • Plans to deepen leadership in AI-driven sustainability, broaden the partner ecosystem, and strengthen global footprint over the next five years.

  • New subscription plans (Core, Growth, Impact) launching in Q3 2025 to better align with market needs.

  • Continued alignment with UN Sustainable Development Goals and preparation for EU Omnibus framework.

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Frequently asked questions

Klappir Grænar Lausnir hf. is an Iceland-based company specializing in environmental software solutions. The company develops and implements software designed to help organizations, municipalities, and governments set and achieve measurable targets for reducing greenhouse gas emissions. Klappir's key products include the Klappir Core, Ark, and Datadrive platforms. These solutions enable comprehensive environmental management, including tracking and reporting of environmental data, managing equipment and vehicle usage, and ensuring compliance with sustainability standards. The company is headquartered in Kópavogur, Iceland, and its shares are listed on the Nasdaq Iceland.

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