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Mantex
Mantex (Mantex) investor relations material
Mantex Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary17 Feb, 2026
Executive summary
Revenue for Q4 2025 was 228 tkr, down from 430 tkr in Q4 2024; full-year revenue reached 2,762 tkr, slightly up from 2,663 tkr in 2024.
EBIT improved to -3,316 tkr in Q4 2025 from -6,501 tkr in Q4 2024; full-year EBIT was -15,787 tkr, an improvement from -25,293 tkr in 2024.
Cash flow from operations turned positive in Q4 2025 at 441 tkr, compared to -8,092 tkr in Q4 2024; full-year operating cash flow was -10,816 tkr, better than -25,353 tkr in 2024.
A new generation Biomass Analyzer was delivered to Arctic Paper and entered commercial operation.
Loans totaling 4.6 MSEK were raised from major shareholders, board members, and employees to strengthen working capital.
Financial highlights
Q4 2025 revenue: 228 tkr (Q4 2024: 430 tkr); full-year 2025: 2,762 tkr (2024: 2,663 tkr).
Q4 2025 EBIT: -3,316 tkr (Q4 2024: -6,501 tkr); full-year 2025 EBIT: -15,787 tkr (2024: -25,293 tkr).
Q4 2025 operating cash flow: 441 tkr (Q4 2024: -8,092 tkr); full-year: -10,816 tkr (2024: -25,353 tkr).
Q4 2025 EPS: -1.55 kr (Q4 2024: -0.01 kr); full-year 2025 EPS: -13.13 kr (2024: -0.08 kr).
Equity at year-end: 5,841 tkr (2024: 25,114 tkr).
Outlook and guidance
Focus remains on cost reduction and expanding revenue streams, including new applications for x-ray technology in biomass and energy sectors.
New generation Biomass Analyzer to be tested by potential customers in Q1 2026, targeting broader customer base.
Additional revenue expected from research collaborations and development projects.
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Next Mantex earnings date
Q1 202623 Apr, 2026
Mantex
Next Mantex earnings date
Q1 202623 Apr, 2026
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Frequently asked questions
Mantex AB is a Swedish company that specializes in the development, production, and sale of equipment for non-destructive material analysis using X-ray technology. Their key products include the Biofuel Analyzer, Flow Scanner, and Log Scanner. These products are designed to assess the quality and content of biomass materials, such as wood chips and agricultural residues, which are crucial in industries like bioenergy, paper, pulp, and food processing. The company is headquartered in Kista, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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