BoMill (BOMILL) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 were KSEK 2,342, down from KSEK 3,054 year-over-year; net loss after financial items widened to KSEK -4,895 from KSEK -4,164.

• Cash flow improved to KSEK -6,711 from KSEK -8,219 year-over-year; cash and cash equivalents at quarter-end were KSEK 10,468, up from KSEK 4,302.

• Strategic partnership with GrainSense secured, supported by Eurostars funding, to enhance BoMill InSight™ technology.

• Focused on growth, operational efficiency, and expanding the sales pipeline with new and existing customers.

• Roberto Rouco appointed as Regional Sales Manager after the reporting period.

Financial highlights

• Net sales: KSEK 2,342 (Q1 2024: KSEK 3,054); net income after financial items: KSEK -4,895 (Q1 2024: KSEK -4,164).

• Net income per share: SEK -0.04 (Q1 2024: SEK -0.04); equity/assets ratio: 49% (Q1 2024: 77%).

• Cash flow from operations: KSEK -6,711 (Q1 2024: KSEK -8,219); cash position at quarter-end: KSEK 10,468 (Q1 2024: KSEK 4,302).

• Investments in intangible assets (patents): KSEK 6 (Q1 2024: KSEK 116); tangible asset sales: KSEK 303 (Q1 2024: KSEK 0).

Outlook and guidance

• Management believes current and projected capital is sufficient for ongoing operations, but additional capital may be needed if market conditions change.

• Focus remains on delivering customer support, building reference projects, and capitalizing on a solid project pipeline.