FastPassCorp (FASTPC) H1 2025 earnings summary

Executive summary

• Achieved a significant turnaround with net income after tax of DKK 5.054 million in H1 2025, compared to a loss of DKK 1.941 million in H1 2024.

• EBITDA improved to DKK 444 thousand from negative DKK 53 thousand year-over-year.

• Equity position strengthened from negative DKK 5.267 million at end-2024 to positive DKK 6 thousand at June 30, 2025.

Financial highlights

• Gross profit increased to DKK 2.454 million from DKK 2.316 million year-over-year.

• Personnel expenses decreased to DKK 2.009 million from DKK 2.369 million year-over-year.

• Operating income (EBIT) improved to negative DKK 993 thousand from negative DKK 1.575 million year-over-year.

• Cash position at period end was DKK 194 thousand, down from DKK 331 thousand at end-2024.

Key financial ratios and metrics

• Return on assets (afkastningsgrad) rose to 5.3% from -0.6% year-over-year.

• Equity ratio (soliditetsgrad) improved to 0.1% from -21.0% year-over-year.

• Earnings per share after tax was DKK 5.49, up from negative DKK 2.2 year-over-year.

• Book value per share increased to DKK 0.01 from negative DKK 2.49 year-over-year.