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Mantex (Mantex) investor relations material
Mantex Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary17 Jul, 2025
Executive summary
Achieved technical breakthrough in February 2025, enabling measurement of moisture and ash in heterogeneous wood materials; demo machine for Biomass Analyzer 2 completed and pilot customer E.ON engaged.
Interim CEO Maria Söderström appointed in May following the departure of the previous CEO.
Focus shifted to bioenergy market, with intensified customer dialogues and manufacturing preparations for Biomass Analyzer 2.
Financial highlights
Q2 2025 net sales were SEK 241k, down from SEK 433k year-over-year; EBIT improved to SEK -5,045k from SEK -6,822k.
Cash flow from operations in Q2 was SEK -5,048k, compared to SEK -7,108k in Q2 2024.
H1 2025 net sales totaled SEK 813k (down from SEK 1,891k); EBIT was SEK -9,665k (improved from SEK -11,140k); cash flow from operations SEK -11,661k (vs. SEK -11,868k).
Result per share for Q2 was SEK -2.33 (vs. SEK -0.03), impacted by a 400:1 reverse split.
Equity at end of June 2025 was SEK 26,562k (vs. SEK 16,589k year-over-year).
Outlook and guidance
Production of the first pre-series Biomass Analyzer 2 to start in August 2025; delivery of Biomass Analyzer 1 to Arctic Paper scheduled for October.
Market launch in Sweden and the Baltic region planned for Q4 2025, with broader European and global expansion in 2026–2027.
Ongoing cost savings program expected to yield annual savings of SEK 6 million.
What is the timeline for Biomass Analyzer sales?
How will Andritz royalty impact future revenue?
Explain the cost savings from 2024's restructuring.
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Next Mantex earnings date
Q3 202511 Nov, 2025
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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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