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LIDDS (LIDDS) investor relations material
LIDDS Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
No net sales were recorded for Q3 or the nine-month period; the company remains pre-revenue.
Operating and net losses narrowed year-over-year, with Q3 net loss at -891 KSEK and nine-month net loss at -2,935 KSEK.
Major strategic shift: development of Nanodotax, Nanoimod, and NOV202 projects ceased in April 2025.
Board determined equity was less than half of share capital, triggering a balance sheet for liquidation and a control meeting; decision made to continue operations.
Financial highlights
Q3 2025: Net sales 0 KSEK (unchanged), operating result -876 KSEK (improved from -1,061 KSEK), net result -891 KSEK (vs. -877 KSEK), EPS -0.01 SEK (unchanged).
Jan–Sep 2025: Net sales 0 KSEK, operating result -2,967 KSEK (improved from -3,453 KSEK), net result -2,935 KSEK (vs. -3,296 KSEK), EPS -0.02 SEK (vs. -0.03 SEK).
Cash flow from operating activities for Jan–Sep 2025 was -2,949 KSEK (improved from -4,451 KSEK).
Cash and cash equivalents at period end: 1,733 KSEK (down from 6,552 KSEK year prior).
Equity ratio at 75% as of September 30, 2025; equity at 1,492 KSEK.
Outlook and guidance
Cash is expected to last through Q1 2026 if current cost levels are maintained; additional financing will be needed if costs rise.
Extraordinary general meeting in December to decide on reducing share capital to 500 KSEK to restore equity.
- Losses narrowed but all key projects were terminated and future operations remain uncertain.LIDDS
Q2 2025 - No sales, ongoing losses, and strategic refocus define LIDDS's 2024 interim results.LIDDS
Q3 2024 - No sales, narrowed loss, and cost cuts mark LIDDS' H1 2024 after Noviga acquisition.LIDDS
Q2 2024 - Project terminations and asset write-downs put LIDDS in liquidation risk, with focus now on core assets.LIDDS
Q1 2025 - LIDDS AB posts zero sales, narrows losses, and pivots to partnerships after Noviga acquisition.LIDDS
Q4 2024
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