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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
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Photocat
Photocat (PCAT) investor relations material
Photocat H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary18 Feb, 2026
Executive summary
Revenue in Q4 2025 was DKK 4.5 million, up from DKK 3.7 million in Q4 2024; full-year revenue reached DKK 13.7 million, up from DKK 12.1 million year-over-year.
EBITDA for Q4 2025 was DKK 2.0 million, more than double the DKK 0.96 million in Q4 2024; full-year EBITDA was DKK 3.0 million, up from DKK 0.85 million.
Net profit for Q4 2025 was DKK 1.5 million, reversing a DKK 0.7 million loss in Q4 2024; full-year net profit was DKK 0.86 million, compared to a DKK 2.5 million loss in 2024.
Secured first customers for InnoLig™ dust suppressant in Denmark and Poland; finalized dual de-icing product line for 2026.
Strategic licensing of photocatalytic water-cleaning technology contributed significantly to revenue.
Financial highlights
Gross profit in Q4 2025 was DKK 3.4 million, up from DKK 2.4 million in Q4 2024; full-year gross profit was DKK 8.3 million, up from DKK 6.3 million.
Assets at year-end were DKK 24.9 million, up from DKK 19.6 million; equity increased to DKK 11.4 million from DKK 10.6 million.
Cash at hand at year-end was DKK 443,000, up from DKK 306,000.
Operating cash flow for 2025 was DKK 5.7 million, up from DKK 1.3 million in 2024.
Outlook and guidance
2026 guidance projects revenue of DKK 13–15 million and EBITDA of DKK 0.5–1.5 million.
What caused NOXOFF sales to underperform?
De-icing offering: What is the market strategy?
What are the key intangible asset investments?
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Next Photocat earnings date
H1 202620 Aug, 2026
Photocat
Next Photocat earnings date
H1 202620 Aug, 2026
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Frequently asked questions
Photocat A/S is a Denmark-based environmental technology company specializing in the development and manufacture of nanotechnology and photocatalytic surface treatments. The company's products are designed to clean both indoor and outdoor surfaces by removing pollutants and harmful compounds. Their key products include NOxOFF, which reduces mono-nitrogen oxides (NOx) pollution on pavements and bitumen surfaces; ACTi Floor, which is used for floors and other surfaces to eliminate volatile organic compounds (VOCs) and bacteria; ShineOn, a self-cleaning glass solution; and Photocat Garden, a sealing product for outdoor surfaces. The company is headquartered in Roskilde, Denmark, and its shares are listed on the Stockholm Stock Exchange.
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