Acuvi (ACUVI) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 increased by 9% year-over-year to 47.2 MSEK, with EBITDA margin rising to 25% from 19% and EBIT margin to 16% from 11%.

• H1 2025 revenue grew 11% year-over-year to 98.5 MSEK, with EBITDA margin at 23% and EBIT margin at 15%.

• Strong order intake, including the largest order in company history (100-150 MSEK automation contract) and breakthrough deals in the semiconductor and automation sectors.

• Strategic focus on direct sales in key markets, with new sales office in San Jose and plans for Tokyo and Germany.

Financial highlights

• Q2 gross margin improved to 65% from 63% year-over-year.

• Q2 EBITDA was 12 MSEK (up from 8 MSEK), EBIT was 7.7 MSEK (up from 5 MSEK).

• H1 net income was 10.3 MSEK, up from 4.6 MSEK year-over-year.

• EPS for H1 was 0.34 SEK (0.18 SEK in H1 2024).

Outlook and guidance

• Management expects continued strong performance in H2, especially from US subsidiary TPA Motion and increased order flow at Piezo Motor and Sensapex.

• 2025 EBITDA forecast raised to 52-55 MSEK, a 70% increase over 2024.

• New financial targets: 2026 EBITDA margin of 25-30% and EBITDA over 65 MSEK; 2027 EBITDA target above 85 MSEK.