)
Visual21 Nov 2025
Data center suppliers
Modulight (MODU) investor relations material
Modulight Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary24 Oct, 2025
Executive summary
Revenue grew 176% year-over-year in Q3 and over 100% for the first nine months, with four consecutive quarters of growth and improved profitability driven by a diversified customer base and product mix.
EBITDA losses narrowed significantly, with Q3 at -€184k versus -€1,278k last year, reflecting operational efficiency and reduced one-time costs.
Free cash flow from operations improved but remained negative at -€1,076k in Q3 and -€3,942k for the nine months.
The transition to the pay-per-treatment (PPT) business model is progressing, with increasing adoption and positive customer feedback.
Customer base continues to diversify, with 60% listed companies and 35% having over €1bn in revenue.
Financial highlights
Q3 2025 revenue was €1,765k, up 176% year-over-year; 1-9/2025 revenue was €5,333k, up 100%.
Q3 EBITDA was -€184k (improved from -€1,278k); 1-9/2025 EBITDA was -€810k (improved from -€3,813k).
Q3 EBIT was -€1,220k (improved from -€2,108k); 1-9/2025 EBIT was -€3,861k (improved from -€6,134k).
Q3 EPS was -€0.03; 1-9/2025 EPS was -€0.09.
Cash and cash equivalents at period end: €10,550k; net debt: -€7,309k; gearing ratio: -16.1%; equity ratio: 89.7%.
Outlook and guidance
Most projects are in early development, focused on commercializing proprietary products and transitioning to a treatment-session-based payment model.
Macroeconomic and geopolitical uncertainties make revenue forecasting difficult; no formal guidance provided for 2025.
Quantify PPT model's financial contribution?
What specific efficiencies improved Q3 profitability?
How are new European/Japanese clients diversifying revenue?
What is PPT's revenue ranking among customers?
When will the 3x efficiency savings realize?
What is the cascading impact of past quality issues?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Modulight earnings date
Q4 202521 Feb, 2026
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Modulight is a Finnish technology company specializing in the design and manufacture of lasers and optical systems for medical, industrial, and research applications. The company offers laser products used in diagnostics, cancer treatments, and surgical procedures, as well as custom solutions for various industries. Modulight is headquartered in Tampere, Finland, and its shares are listed on the Nasdaq First North Growth Market.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage