Clean Motion (CLEMO) Q2 2025 earnings summary

Executive summary

• Sales increased to 1,359 TSEK for Jan–Jun 2025, up from 612 TSEK year-over-year.

• Operating loss before depreciation widened to -6,036 TSEK from -5,292 TSEK year-over-year.

• Significant product and market developments, including Zbee launch in India and EVIG pilot with La Poste in France.

• Financing strengthened with a 10.1 MSEK package via convertible loans and directed share issue.

• Ongoing R&D projects and collaborations in Europe, with secured and potential research funding totaling up to 16 MSEK.

Financial highlights

• Net sales for Jan–Jun 2025: 1,359 TSEK (612 TSEK in Jan–Jun 2024).

• Operating result before depreciation: -6,036 TSEK (-5,292 TSEK year-over-year).

• Net result after financial items: -7,930 TSEK (-7,442 TSEK year-over-year).

• Cash flow for the period: 1,921 TSEK; cash and equivalents at period end: 5,103 TSEK.

• Equity ratio: 73% as of June 30, 2025.

Outlook and guidance

• Focus on scaling Zbee sales in India and preparing EVIG for the Indian market.

• Strengthening sales and marketing organization to capture new business opportunities.

• Anticipation of further research project funding and increased customer leads.