Clean Motion (CLEMO) Q3 2025 earnings summary

Executive summary

• Sales for Jan–Sep 2025 reached 1,468 TSEK, more than doubling from 612 TSEK year-over-year.

• Operating loss before depreciation was -7,354 TSEK, nearly unchanged from -7,371 TSEK last year.

• Key commercial milestones include a follow-up order in the Netherlands, entry into the Finnish market, and a pilot with Partille municipality.

• 8.2 MSEK was raised via TO3 warrants, and 11 MSEK in research funding was secured.

Financial highlights

• Net sales for Jan–Sep 2025: 1,468 TSEK (612 TSEK in 2024).

• Operating result before depreciation: -7,354 TSEK (-7,371 TSEK in 2024).

• Result after financial items: -11,198 TSEK (-10,927 TSEK in 2024).

• Cash and cash equivalents at period end: 1,497 TSEK.

Outlook and guidance

• Updated market strategy focuses on segments valuing EVIG’s versatility, solar charging, and configurability.

• Increased inflow of inquiries, especially in event and café segments, is noted.

• Zbee production in India restarted at low pace; further local financing needed for scale-up.