Arctic Falls (ARFA) Q4 24/25 earnings summary

Executive summary

• Revenue grew by 26.3% year-over-year, driven by the commissioning of a new indoor hall and expanded year-round testing services for the automotive and tire industries.

• EBIT margin remained strong at 38.9%, reflecting efficient operations and sustained demand.

• The company continues to invest in sustainability, targeting 100% fossil-free fuels and self-sufficiency in renewable electricity by 2030.

Financial highlights

• Net revenue reached SEK 153.1 million, up from SEK 120.5 million the previous year.

• Result after financial items was SEK 50.4 million, compared to SEK 38.7 million year-over-year.

• EBIT margin was 38.9%, up from 38.6% the previous year.

• Return on equity was 29.8%, slightly down from 30.4% year-over-year.

• Solid equity ratio at 41.6%, up from 37.7% year-over-year.

Outlook and guidance

• Demand for both indoor and outdoor testing is expected to increase, driven by industry trends toward sustainable fuels and higher autonomy.

• The new indoor hall, operational since July 2024, is expected to further strengthen the offering and support year-round growth.

• Inflationary pressures have eased, reducing costs for fuel, energy, and interest during the year.