Danish Aerospace Company (DAC) H1 2025 earnings summary

Executive summary

• Interim financial statements cover the period from 1 January to 30 June 2025, prepared in accordance with the Danish Financial Statements Act and approved by the board on 25 August 2025.

• The company focuses on developing technological solutions for space and extreme environments, including medical monitoring and exercise equipment for astronauts.

Financial highlights

• Revenue for the period was DKK 9,775,062, up slightly from DKK 9,563,144 year-over-year.

• Net loss for the period was DKK -570,308, a significant improvement from DKK -1,902,003 in the same period last year.

• EBITDA was DKK 423,193, compared to DKK -227,408 year-over-year.

• Cash at bank and in hand at 30 June 2025 was DKK 200,143, up from DKK 49,791 at 30 June 2024.

Outlook and guidance

• The company expects to complete ongoing development projects within 1-2 years, targeting sales to commercial aerospace clients such as ESA and NASA.