EcoRub (ECO) Q3 2025 earnings summary

Executive summary

• Achieved a strategic breakthrough with a global leader in polymer solutions, integrating circular material solutions into their products and processes.

• Secured major orders: Vartex (gym mats, 250,000 SEK), Granngården (stall mats, 300,000 SEK), and the largest TPRR material order to date (MV Teknik, 150,000 SEK).

• Continued expansion of customer base and product portfolio, with new TPE customer Sandviks Plast and ongoing product development.

Financial highlights

• Net sales for Q3 2025 reached 2.86 MSEK, up 14.5% year-over-year from 2.50 MSEK.

• EBITDA for the quarter was -0.98 MSEK, compared to -0.49 MSEK last year.

• EBIT for Q3 was -2.36 MSEK, down from -1.60 MSEK year-over-year, mainly due to one-time external costs and higher amortization.

• Result after financial items was -2.40 MSEK, compared to -1.63 MSEK last year.

• Earnings per share for the quarter were -0.005 SEK, compared to -0.004 SEK last year.

• Cash and cash equivalents at period end were 3.36 MSEK, up from 1.06 MSEK last year.

Outlook and guidance

• Strategic platform now enables scaling and market position strengthening.

• Focus remains on winning larger contracts and expanding the material and product portfolio.

• Market demand for circular materials remains strong, with continued investments in product development.