Amido (AMIDO) Q4 2025 earnings summary

Executive summary

• Achieved 10% revenue growth and positive cash flow for the year, with recurring revenue (ARR) up 13% and now representing 75% of total revenue.

• Strategic initiatives focused on scalability, professionalization, and a multichannel sales approach have strengthened operational capabilities.

• No customer churn reported for the year, with all existing customer relationships maintained.

• Leadership team reinforced with a new Chief Technology & Product Officer to drive digitalization and AI-driven solutions.

Financial highlights

• Full-year net revenue increased by 10% to 38.6 MSEK (35.1 MSEK year-over-year).

• EBITDA for the year was 4.4 MSEK (5.8 MSEK), with an EBITDA margin of 11% (17%).

• Result before tax was -12.8 MSEK (-7.5 MSEK), impacted by higher depreciation and asset write-downs.

• Earnings per share for the year was -0.44 SEK (-0.28 SEK).

• Cash flow for the year was positive at 5.1 MSEK (-4.9 MSEK prior year), with cash and equivalents at 12.0 MSEK at year-end.

Outlook and guidance

• Entering 2026 with 30 MSEK in ARR and a strengthened financial base, focusing on profitable growth and meeting increased market demands for security and digitalization.

• Signs of cautious optimism in the real estate sector, though geopolitical and financial uncertainties persist.