Absolicon (ABSL) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 was SEK 151k, a sharp decline from SEK 1,156k year-over-year, mainly due to lower consulting, service, and contract manufacturing income.

• Operating loss (EBIT) was SEK -4,645k, down from a profit of SEK 1,264k in Q2 2024, impacted by the absence of a one-time employer contribution refund received last year.

• Net loss for the quarter was SEK -4,472k, compared to a profit of SEK 1,326k in the same period last year.

• The company continues to focus on cost reductions, financing through EU projects, and product development funded by external projects.

Financial highlights

• Q2 2025 net sales: SEK 151k (Q2 2024: SEK 1,156k); H1 2025: SEK 260k (H1 2024: SEK 3,141k).

• EBIT for Q2 2025: SEK -4,645k (Q2 2024: SEK 1,264k); H1 2025: SEK -8,316k (H1 2024: SEK -6,678k).

• Net result per share: SEK -0.55 (Q2 2024: SEK 0.23).

• Cash flow from operations: SEK -3,371k (Q2 2024: SEK 4,398k).

• Total assets at June 30, 2025: SEK 53,772k (June 30, 2024: SEK 74,038k).

Outlook and guidance

• Preparing to participate in the EU's €1 billion renewable heat auction, targeting industrial decarbonization.

• Ongoing cost reduction and focus on financing through international projects.

• Anticipates that EU reforms and funding will accelerate industrial heat transition in Europe.