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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Tempest Security
Tempest Security (TSEC) investor relations material
Tempest Security Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary19 Feb, 2026
Executive summary
Achieved 27% revenue growth in Q4 2025, reaching 155.3 MSEK, and 19% growth for the full year to 578.2 MSEK, driven by strong performance in core markets and structural improvements.
EBITDA improved to 2.4 MSEK in Q4 (from -5.4 MSEK) and to 3.5 MSEK for the year (from -2.6 MSEK), with adjusted EBITDA at 2.9 MSEK in Q4 and 13.6 MSEK for the year.
Net result for Q4 was -0.8 MSEK (improved from -44.6 MSEK), and for the year -10.7 MSEK (from -51.7 MSEK), reflecting significant operational turnaround.
Strategic focus on Sweden and Denmark after divestment of non-core international operations; continued cost control and efficiency measures.
Financial highlights
Q4 EBITDA margin improved to 1.5% (from -4.4%), and adjusted EBITDA margin to 1.9% (from -4.4%).
Full-year adjusted EBITDA margin reached 2.3% (from 0.1%).
Cash flow from operations before working capital changes was 1.2 MSEK in Q4 and 2.7 MSEK for the year, both positive compared to prior year.
Average number of employees increased to 662 in Q4 and 641 for the year.
Outlook and guidance
Entering 2026 with a focus on profitable growth, cost control, and operational excellence, especially in Sweden and Denmark.
Expectation of continued margin improvements as structural changes and automation take effect.
Q4 margin drivers: how sustainable for 2026?
Swedish Special Services: path to profitability?
Increased block financing: what are the implications?
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Latest events from Tempest Security
- Sales surged 30% in Q3 2025 as margin recovery and restructuring drive renewed profitability.TSEC
ABGSC Investor Days8 Dec 2025 - Q3 2025 saw 29.9% revenue growth, positive net income, and strengthened core operations.TSECQ3 202520 Nov 2025
- Revenue up 7.8% in Q2; cost savings and strategic review underway amid margin pressure.TSECQ2 202521 Aug 2025
- Losses in Denmark and the US led to negative Q3 results; US business is being divested.TSECQ3 202413 Jun 2025
- Record sales and strong Swedish growth contrast with international challenges and margin pressure.TSECQ2 202413 Jun 2025
- Strong sales growth offset by margin pressure from rapid expansion and restructuring.TSECQ1 20256 Jun 2025
- Strong organic growth offset by heavy write-downs; profitability expected to recover in 2025.TSECQ4 20245 Jun 2025
Next Tempest Security earnings date
Q1 202621 May, 2026
Tempest Security
Next Tempest Security earnings date
Q1 202621 May, 2026
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Eferix Drawings Google Play
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@ankurshah47_ x.com
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Amina0781App Store
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@theshortbearx.com
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