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Senzime (SEZI) investor relations material
Senzime Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved over 90% revenue growth in constant currencies for 2025, reaching 111.4 MSEK in sales, with strong Q4 momentum and major wins in the US, Europe, and Asia.
Transitioned to a sensor-driven business, with sensors now over 70% of sales and recurring sales of disposable sensors increasing to over 440,000 units in 2025.
Launched next-generation TetraGraph system and EMGINE software suite, driving higher adoption and workflow improvements.
Underlying gross margin improved to 66.7% for the year, despite negative impacts from US tariffs, currency effects, and a one-time SEK 10.7 million inventory write-down.
Adjusted EBITDA improved by 16% year-over-year, with a clear path toward profitability and positive cash flow targeted for Q4 2026.
Financial highlights
Full-year reported revenues grew to 111.4 MSEK, with Q4 revenues up 125% in constant currencies to 31.2 MSEK.
Q4 underlying gross margin reached 69.3%, and full-year margin was 66.7%.
Adjusted EBITDA for 2025 improved to SEK -88,374k from -105,507k in 2024, a 16% improvement.
Operating expenses increased only 1.9% year-over-year despite significant commercial investments.
Ended the year with SEK 74 million in cash.
Outlook and guidance
Targeting continued strong sales growth and positive cash flow by Q4 2026.
Expecting further gross margin improvements through price increases and new business models.
Long-term ambition to exceed SEK 1 billion in revenues by 2030.
Focus for 2026 is on maintaining strong sales growth, fixed expenses, and further gross margin improvement.
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