Axolot Solutions (AXOLOT) Q3 2025 earnings summary

Executive summary

• Achieved strong commercial acceleration in Q3 2025, with significant order intake and international expansion initiatives, especially in Latin America and Scandinavia.

• Partnership with Mellifiq has led to increased market presence and reduced cost base, supporting both domestic and international growth.

• Full subscription of two warrant programs provided SEK 11.8 million in new capital, strengthening financial flexibility.

Financial highlights

• Net sales for Q3 2025 reached SEK 3,925 thousand, a steady increase over previous quarters.

• Operating result for Q3 2025 was SEK -809 thousand, an improvement compared to previous quarters.

• Net result per share for Q3 2025 was SEK -0.00 (compared to SEK -0.03 in Q3 2024).

• Cash and cash equivalents at the end of Q3 2025 were SEK 14,674 thousand, up from SEK 5,316 thousand at the start of the quarter.

• Cash flow from operating activities and investments was SEK -815 thousand for Q3 2025.

Outlook and guidance

• Continued focus on expanding international presence, especially in Latin America and Singapore.

• Ongoing efforts to secure more reference installations and partnerships in new markets.

• Ambition to scale operations capital-efficiently through partner and license strategy.