Sensys Gatso Group (SGG) investor relations material

Executive summary

• Achieved third consecutive quarter of strong performance, with significant revenue growth, margin expansion, and improved cash position, setting momentum for 2026.

• Robust order intake and recurring revenue growth, supported by major Swedish, Dutch, and global maintenance projects.

• Global revenue mix diversified, with key contributions from Australia, Saudi Arabia, Sweden, and the USA.

Financial highlights

• Q4 revenue was SEK 198 million (SEK 214 million in constant currency); full year revenue reached SEK 719 million, up 14% year-over-year; constant currency full year revenue was SEK 757 million, up 20%.

• Q4 EBITDA reached SEK 37.6 million (19% margin), up 52% from Q4 2024; full year EBITDA was SEK 109.2 million (15.2% margin), up from 10.4% in 2024.

• Q4 gross profit margin improved to 44% from 36% in Q4 2024, driven by Swedish and Dutch project deliveries.

• Cash flow from operations was SEK 107 million in Q4 and SEK 125 million for the full year, supported by strong working capital conversion.

• Available liquidity at year-end was SEK 214 million, with cash and equivalents at SEK 160 million; net interest-bearing debt at SEK 209–210 million.

Outlook and guidance

• 2026 revenue expected in the range of SEK 750–800 million, with EBITDA margin of 14–16%, despite anticipated negative currency effects.

• Growth supported by current order backlog, ongoing tenders, and focus on operational efficiency.

• CapEx for 2026 anticipated to be similar to 2025 (around SEK 100 million), with a potential shift toward more physical assets and slightly lower software investment.