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Saunum Group AS (SAUNA) investor relations material
Saunum Group AS H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary30 Sep, 2025
Executive summary
Focused on improving inventory management and spare parts logistics to enhance customer service and delivery speed, especially for sauna heaters and climate devices.
North American market remains the fastest-growing, while European growth is slow and Asian awareness is increasing.
Product development continued, with a 6-month extension for the Premium+ project and ongoing digitalization efforts.
Financial highlights
Consolidated revenue for H1 2025 was €1,933,049, up 21.94% year-over-year (H1 2024: €1,585,301).
Net loss for H1 2025 was €226,283, an improvement from a €467,512 loss in H1 2024.
Operating loss (EBIT) for H1 2025 was €214,880, compared to €448,945 in H1 2024.
Cash at period end was €114,109, up from €74,228 a year earlier.
Investments: €5,800 in tangible assets and €236,600 in intangible assets during H1 2025.
Outlook and guidance
H2 2025 will focus on production efficiency, fulfilling larger orders, and increasing marketing and reseller training.
Product development will prioritize completion of the Premium+ project.
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Next Saunum Group AS earnings date
H2 202510 Apr, 2026
Next Saunum Group AS earnings date
H2 202510 Apr, 2026
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Frequently asked questions
Saunum Group AS is an Estonian company specializing in advanced sauna technologies. The company develops and manufactures electric heaters, indoor climate devices, and sauna automation systems designed to enhance the traditional sauna experience. A standout feature of Saunum's products is their patented air-blending system, which ensures an even temperature distribution from floor to ceiling within the sauna. This technology creates a more comfortable and breathable environment by mixing hot and cool air layers, which is also enriched with salt ions for added health benefits. Saunum's product lineup includes solutions tailored for both personal and professional use, ensuring a consistent and high-quality sauna experience. The company is headquartered in Tallinn, Estonia, and its shares are listed on the TALSE.
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