Creturner Group (CRET) Q4 2025 earnings summary

Executive summary

• Q4 2025 saw a 67% year-over-year decline in group revenue, with significant operating losses and negative earnings per share.

• The group faces ongoing financial strain, with refinancing efforts still in progress and a challenging capital environment.

• Strategic focus is on expanding digital operations and scaling environmental technology, with new partnerships and hardware investments under consideration.

• The acquisition of Zonderacom AB is expected to contribute to organic growth in 2026.

Financial highlights

• Q4 2025 net sales: SEK 4.5 million (down from SEK 13.5 million in Q4 2024).

• Q4 operating profit: SEK -9.4 million (Q4 2024: SEK -3.3 million); operating margin: -217%.

• Full-year 2025 net sales: SEK 15.8 million (2024: SEK 25.6 million); operating profit: SEK -31.3 million (2024: SEK -45.3 million).

• Earnings per share Q4: SEK -0.13; full year: SEK -0.44.

• Cash and cash equivalents at year-end: SEK 72,000.

Outlook and guidance

• Management expects organic growth from the Zonderacom acquisition in 2026.

• Expansion of the pilot plant for AI processing is planned, with ongoing negotiations for new partnerships.

• Continued development in environmental technology, with investments in automation and potential structural changes.