Elecster (ELEAV) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was €7.7 million, down 6.0% year-over-year from €8.2 million.

• Operating profit was slightly negative at -€0.0 million, compared to €0.6 million last year.

• Net result before taxes was -€0.6 million, down from €0.9 million in Q1 2024.

• EPS was -€0.14, compared to €0.17 in the prior year.

• Order backlog at period end was €7.1 million, down from €8.5 million.

Financial highlights

• Gross margin declined as operating profit margin fell to -0.6% from 7.3% year-over-year.

• Net profit margin was -6.6% versus 7.6% last year.

• Return on equity was -8.7% (10.4% last year); return on invested capital was 0.5% (11.3%).

• Net gearing increased to 27.5% from 20.4%; equity ratio improved to 58.4% from 51.0%.

• Cash flow from operations was -€29,000, down from €2.7 million.

Outlook and guidance

• Revenue and EPS are expected to improve in 2025 compared to the previous year.

• Order intake and machine deliveries are anticipated to recover in the latter half of the year if trade policy uncertainty eases.

• Packaging material volumes are also expected to develop positively due to product development and sales efforts.