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ZetaDisplay
ZetaDisplay (ZETA) investor relations material
ZetaDisplay has been private
ZetaDisplay Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Q4 2025 saw net sales rise 11.5% year-over-year to SEK 186.8 million, with adjusted EBITDA up to SEK 35.0 million, reflecting improved profitability and operational efficiency.
Full-year 2025 net sales increased 8.5% to SEK 658.2 million, and adjusted EBITDA reached SEK 102.9 million, driven by strong project activity and disciplined cost control.
Recurring revenue for Q4 declined 3.0% due to currency effects but grew 1.1% in constant currency; full-year recurring revenue rose 1.0%.
The company completed a bolt-on acquisition of Ubiq AB, renewed its revolving credit facility, and deepened its partnership with LG Electronics.
Financial highlights
Q4 adjusted EBITDA margin improved to 18.7% from 13.6% year-over-year.
Gross margin for Q4 decreased to 53.4% (from 55.8%), mainly due to a higher share of hardware revenue.
Operating profit after restructuring costs was SEK 4.4 million, up from a loss of SEK -14.1 million in Q4 2024.
Net loss for Q4 was SEK -8.2 million, an improvement from SEK -22.2 million in Q4 2024.
Cash flow from operating activities in Q4 was SEK 32.7 million, supported by strong invoicing and inventory reduction.
Outlook and guidance
Entering 2026 with a strong enterprise pipeline, focus on long-term partnerships, and growing presence in retail media.
Management expects continued operational excellence and sustainable, profitable growth.
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Next ZetaDisplay earnings date
Q1 202629 May, 2026
ZetaDisplay
Next ZetaDisplay earnings date
Q1 202629 May, 2026
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Frequently asked questions
ZetaDisplay acts at the heart of digital transformations in physical environments. They contribute to nudging peoples’ behaviour at the point-of-decision in retail environments, public spaces and offices. Their solutions are known as Digital Signage that they develop and offer as SaaS-solutions. They are a European leader and intend to drive the further consolidation of the market organically and through acquisitions.
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