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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
LED iBond
LED iBond (LEDIBOND) investor relations material
LED iBond has been delisted
LED iBond Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary26 Nov, 2025
Executive summary
Revenue for Q3 2025 was TDKK 142, a significant decline from TDKK 1,626 in Q3 2024; for the first nine months, revenue was TDKK 3,049, down from TDKK 5,049 year-over-year.
Net loss for Q3 2025 was TDKK -3,936, compared to TDKK -5,168 in Q3 2024; nine-month net loss was TDKK -9,863, improved from TDKK -12,366 in the prior year.
Cash at the end of Q3 2025 was TDKK 1,764, down from TDKK 6,314 at year-end 2024.
Financial highlights
Gross profit for Q3 2025 was negative at TDKK -807, compared to TDKK -84 in Q3 2024; nine-month gross profit was TDKK 519, up from TDKK -223 year-over-year.
EBITDA for Q3 2025 was TDKK -2,128, an improvement from TDKK -3,675 in Q3 2024; nine-month EBITDA was TDKK -4,291, better than TDKK -8,556 in the prior year.
Earnings per share (EPS) for Q3 2025 was DKK -0.06, compared to DKK -0.13 in Q3 2024.
Capital allocation and financing
Capital increase of TDKK 10,877 during the first nine months of 2025.
Repayment of payables amounted to TDKK 7,456 in the first nine months.
Additional capital raised totaled TDKK 12,396 in the first nine months.
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Latest events from LED iBond
- Revenue fell sharply and losses persisted, but EBITDA and gross profit improved year-over-year.LEDIBOND
Q2 2025 - Revenue up, but losses deepen and equity falls sharply amid negative gross margin.LEDIBONDQ3 2024
- Revenue surged and losses narrowed, but cash and equity declined despite new capital raised.LEDIBONDQ2 2024
- Revenue up 179% in 2024; 2025 targets set for growth and margin improvement.LEDIBONDQ4 2024
- Q1 2025 saw strong revenue growth but continued losses and declining cash reserves.LEDIBONDQ1 2025
LED iBond
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Frequently asked questions
LED iBond International A/S develops and manufactures LED lighting technology and smart building solutions. The company specializes in ultra-thin lighting panels and systems integrated with IoT capabilities for use in infrastructure, industrial, and commercial applications. Its solutions are applied in areas such as clean rooms, transport hubs, and vertical farming environments. The company is headquartered in Hørsholm, Denmark, and its shares are listed on the OMXC.