EmbeddedArt Group (EMART) Q3 2025 earnings summary

Executive summary

• Revenue for January–September 2025 increased by 17.9% to 37,743 kSEK compared to the same period last year, with net sales up 18.5% to 37,486 kSEK.

• EBITDA decreased to 1,477 kSEK from 2,344 kSEK year-over-year, and operating profit fell to 820 kSEK from 1,108 kSEK.

• Net profit for the period was 674 kSEK, down from 856 kSEK in the prior year.

• The group completed a reverse acquisition in April 2024, integrating EmbeddedArt AB and its subsidiary.

Financial highlights

• Cash flow for the period was -4,725 kSEK, compared to -1,661 kSEK last year.

• Earnings per share improved to 0.035 SEK from -0.042 SEK year-over-year.

• Total assets as of September 30, 2025, were 30,301 kSEK.

• Equity attributable to parent company shareholders was 7,499 kSEK.

Outlook and guidance

• Management sees strong positioning to meet growing defense industry demand, with expansion in installation, commissioning, and technical field support.

• The company is actively seeking growth through new collaborations and potential acquisitions in related areas.