Logotype for TH1NG

TH1NG (TH1NG) investor relations material

TH1NG has been delisted

TH1NG Q1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for TH1NG
Q1 2025 earnings summary23 May, 2025

Executive summary

  • Q1 2025 marked by ongoing restructuring, expected to complete by mid-2025, with focus shifting to core IoT solutions.

  • Revenue declined sharply due to divestment of broadband business and reduced sales force.

  • Strategic review of IoT platforms initiated, including potential divestment of IoT Open.

  • Financial position remains strained; bridge loans secured to address short-term liquidity.

Financial highlights

  • Net revenue for Q1 2025 was SEK 2.0m, down from SEK 7.0m year-over-year.

  • Gross margin fell to 35.5% from 52.5% year-over-year.

  • EBIT for Q1 2025 was SEK -6.7m, compared to SEK -5.1m in Q1 2024.

  • Net loss for Q1 2025 was SEK -7.4m, versus SEK -5.3m in Q1 2024.

  • Total cash flow for the period was SEK -0.8m, compared to SEK 0.5m in Q1 2024.

Outlook and guidance

  • Restructuring to be completed by mid-2025, resulting in a streamlined IoT-focused business.

  • Sales expected to improve in H2 2025 following recruitment of new sales leadership.

  • Ongoing efforts to secure both short- and long-term financing.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Cover every name on your watchlist this earnings season.
Automations, AI chat, and live calls across 16,000+ companies.
Book demo

AI chat

Ask anything. Verify everything.

Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn more

Find what matters

AI across all first-party IR material. Live calls, transcripts, slides, filings.
A cited source card from Adobe's CFO alongside a list of forward-looking statements

Trust every finding

50m+ first-party documents. Every output traceable to its source.

Automations

Zero in on what matters

Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more
An automation set to trigger on the first published earnings document for GE Aerospace

Event-triggered research

Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.
An automation scheduled to run weekly on Mondays at 09:00

Scheduled research

Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.

Live audio & transcripts

Be first

Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more
A live LVMH Q2 2026 earnings call playing in Quartr

Live earnings calls

Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.
A live transcript excerpt from LVMH's Chairman and CEO Bernard Arnault

Live transcripts

Speaker-by-speaker, in real time. Searchable across every live and historical call.

Quartr MCP connects your AI environment to 17K+ public companies

Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more

Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.

Jamie Ross

Investment Manager, GAM Investments

GAM
GAM

Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.

Tom O'Hara

Investment Director

Ciena
Ciena

Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.

Gregg Lampf

VP of Investor Relations

Frequently asked questions

TH1NG AB is a Swedish technology company specializing in Internet of Things (IoT) solutions. The company provides a platform that enables businesses and municipalities to connect, monitor, and manage IoT devices and systems. TH1NG’s offerings include services for smart cities, smart buildings, and industrial IoT applications, aiming to improve efficiency, sustainability, and automation through data-driven insights. The company's platform allows for the integration of various IoT devices, supporting the digital transformation of industries and public services. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.