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Photocat (PCAT) investor relations material
Photocat H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved positive EBITDA in H1 2025 despite a 7.3% year-over-year revenue decline, attributed to delayed partner implementations rather than demand erosion.
Maintained 2025 guidance: turnover of 11–13m DKK and positive EBITDA of 0–1.5m DKK.
Listed shares on the Spotlight trading platform as of August 5, 2025, enhancing investor engagement.
Continued expansion in Ice & Dust Away customer base, even with a warmer winter season.
Environmental impact increased, with NOx removal equivalent to emissions from over 515,000 cars.
Financial highlights
H1 2025 revenue: 6.33m DKK, down from 6.83m DKK in H1 2024.
Gross profit for H1 2025: 3.15m DKK, compared to 3.44m DKK in H1 2024.
EBITDA for H1 2025: 0.53m DKK, down from 0.69m DKK in H1 2024.
Net loss for H1 2025: -0.60m DKK, compared to -0.39m DKK in H1 2024.
Cash at hand at period end: 0.31m DKK.
Outlook and guidance
2025 turnover expected between 11–13m DKK, with positive EBITDA of 0–1.5m DKK.
Strategic focus on building a stronger customer and partner pipeline across all segments.
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