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SaltX Technology
SaltX Technology (SALT) investor relations material
SaltX Technology Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary18 Feb, 2026
Executive summary
Achieved all defined technical milestones and completed extensive test programs, marking a breakthrough year with growing global interest in electrification technology for emission-intensive industries.
Progressed from validation to commercialization, with a clear roadmap toward 2035 and strengthened partnerships in lime, cement, and carbon removal segments.
Secured significant funding and strategic investments, enabling the next phase of industrial demonstration and commercialization.
Financial highlights
Q4 2025 net sales were MSEK 19.7, up from MSEK 18.5 in Q4 2024; full-year net sales reached MSEK 44.0, up from MSEK 39.9 year-over-year.
Q4 2025 EBIT was MSEK -20.5 (Q4 2024: -16.0); full-year EBIT was MSEK -61.1 (FY 2024: -54.2).
Cash flow from operating activities for Q4 2025 was MSEK -16.7 (Q4 2024: -7.9); full-year was MSEK -45.7 (FY 2024: -58.6).
Earnings per share for Q4 2025 were SEK -0.11 (Q4 2024: -0.09); full-year EPS was SEK -0.34 (FY 2024: -0.32).
Equity at year-end was MSEK 227.5, with an equity ratio of 86%.
Outlook and guidance
Construction of the pilot plant in Mo i Rana, Norway, is planned to begin in spring 2026, transitioning from testing to industrial demonstration.
Continued stepwise development and commercialization, supported by strengthened technology, organization, and partnerships.
Ongoing collaboration with key partners and expansion into new markets and applications.
US DAC order impact on Carbon Removal strategy?
Long-term financing plan given negative cash flow?
Multi-Plasma project's role in 1M ton/year scale-up?
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Next SaltX Technology earnings date
Q1 20265 May, 2026
SaltX Technology
Next SaltX Technology earnings date
Q1 20265 May, 2026
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Frequently asked questions
SaltX Technology Holding AB is an energy storage technology developer and equipment reseller. The SALTXCAP product stores energy into the heat capacity of food grade salt. A high temperature electrolysis process turns the salt into a lithium-ion cathode material that assists in storing energy through a reversible chemical process at point-of-use. The company was founded in 2001 and is headquartered in Hägersten, Sweden.
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