)
Mentice (MNTC) investor relations material
Mentice Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 saw strong organic growth in net sales and order intake, driven by MDI customers in the Americas and APAC, despite significant negative currency effects and macroeconomic uncertainty.
EBITDA margin improved to 25% in Q4, with EBITDA at SEK 23 million, supported by higher sales, cost-saving measures, and strategic realignment.
Strategic focus remains on expanding the MDI segment, especially in the Americas and APAC, while EMEA stabilized; physical simulation business consolidated in Denver to improve efficiency.
Board changes and a rights issue occurred, with Gulf Offshore Limited increasing its stake, signaling further growth focus.
Full-year results were negatively impacted by FX and restructuring costs, but momentum improved in H2.
Financial highlights
Q4 net sales: SEK 90.8 million (17.6% organic growth); full-year net sales: SEK 279.1 million (3.4% organic growth, -3.9% YOY, -7.3% currency effect).
Q4 order intake: SEK 127 million (25% organic growth); full-year order intake: 8% organic growth (2% FX-adjusted).
Q4 EBITDA: SEK 23 million (margin 24.8%), net income: SEK 13 million, EPS: 0.46 SEK.
Full-year EBITDA: SEK 3.4 million (margin 1.2%), net income: -32.3 million, EPS: -1.15 SEK; adjusted EBITDA (excluding realignment costs): SEK 10.9 million.
Operational cash flow was negative for the year due to higher working capital and accounts receivables from increased sales; cash at year-end: SEK 33.4 million.
Outlook and guidance
Entering 2026 with a strong project pipeline, improved cost structure, and strategic focus on MDI and HCS segments.
Cost base expected to remain stable in 2026, with only minor, revenue-linked investments.
R&D investments to remain flat as a percentage of sales, focusing on advanced simulation, AI, and VR/AR technologies.
Targeting 20–30% annual net sales growth and 20% EBITDA margin within three years.
Macroeconomic uncertainty, currency volatility, and potential tariffs remain key challenges.
Next Mentice earnings date
Next Mentice earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)