Ecoclime Group (ECC) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 declined by 27.1% year-over-year to 35.2 MSEK, mainly due to the completion of a major contract in 2024.

• EBIT improved to -7.3 MSEK from -22.2 MSEK, reflecting significant cost reductions.

• Net result for Q3 was -7.5 MSEK, with EPS at -0.16 SEK, an improvement from -0.49 SEK.

• Cost-saving measures, especially in external consulting and legal expenses, contributed to improved operating results.

• Increased customer interest and new project wins signal potential for future order growth.

Financial highlights

• Q3 2025 revenue: 35.2 MSEK (down from 48.3 MSEK in Q3 2024).

• EBIT for Q3: -7.3 MSEK (improved from -22.2 MSEK year-over-year).

• EBITDA for Q3: -4.1 MSEK (improved from -5.2 MSEK year-over-year).

• Cash flow from operations in Q3: -4.1 MSEK (improved from -5.3 MSEK year-over-year).

• Equity at period end: 115.0 MSEK, or 2.44 SEK per share.

Outlook and guidance

• Management expects order intake to grow from Q4 2025, supported by increased project activity and customer interest.

• Focus remains on energy renovations for existing buildings, especially multi-family and public properties.

• The company is transitioning from IFRS to K3 accounting standards for the 2025 annual report.