Railway Metrics and Dynamics
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Railway Metrics and Dynamics (RMDX) investor relations material

Railway Metrics and Dynamics Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary26 Feb, 2026

Executive summary

  • Revenue for 2025 reached 2,652 TSEK, up from 617 TSEK in the prior year, driven by product and service sales rather than consulting.

  • EBIT for 2025 was -10,366 TSEK, improving to -6,631 TSEK after adjusting for non-recurring emission-related costs.

  • Significant commercial progress with new contracts, international pilots, and expansion of recurring TaaS revenue streams.

  • Strategic focus on digitalization, international expansion, and scaling up production and sales.

Financial highlights

  • Net sales for H2 2025 were 1,335 TSEK, with full-year sales at 2,652 TSEK, all from own products and services.

  • EBIT for H2 2025 was -3,972 TSEK; EBITDA was -3,780 TSEK.

  • Adjusted EBIT for 2025 was -6,631 TSEK, excluding 3.73 MSEK in emission-related costs.

  • Result per share for 2025 was -0.20 SEK, or -0.13 SEK after adjustments.

  • Cash and cash equivalents at year-end were 439 TSEK; equity totaled 164,764 TSEK.

Outlook and guidance

  • Transition to quarterly reporting from January 2026.

  • Anticipates scale-up phase with increased commercial deliveries and recurring revenue.

  • Plans to reach positive cash flow by end of 2026, supported by ongoing capital raises.

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