ECOMB (ECOMB) Q2 2025 earnings summary

Executive summary

• Net loss after financial items for the group was -2,646 TSEK compared to -1,275 TSEK year-over-year, with net sales dropping to 662 TSEK from 5,648 TSEK.

• Cash position remains very strained, with only 17 TSEK in liquid assets at period end, down from 355 TSEK last year.

• Despite current financial challenges, management expresses strong optimism for future prospects, citing a robust pipeline and expected contracts.

Financial highlights

• Group net sales for H1 2025 were 662 TSEK, a sharp decline from 5,648 TSEK in H1 2024.

• Group net loss after financial items widened to -2,646 TSEK from -1,275 TSEK year-over-year.

• Parent company net loss after financial items was -2,429 TSEK versus -1,124 TSEK last year.

• Cash and cash equivalents at period end were 17 TSEK for the group and 0 TSEK for the parent company.

• Order backlog decreased during the half-year as projects were completed.

Outlook and guidance

• Management anticipates new larger contracts in the near term but notes delays and uncertainties due to the economic climate and risk capital scarcity.

• The expected order backlog for 2025-26 is over 30 MSEK, but realization is pending.

• Positive long-term outlook based on increased number of high-probability prospects.