FastPassCorp (FASTPC) H2 2025 earnings summary

Executive summary

• Achieved record performance in 2025, with strong growth across all key metrics and successful expansion in the U.S. market.

• Solutions address rising identity-based cyber threats, especially relevant after high-profile attacks in 2023.

• Product suite includes identity verification and self-service password reset, targeting large global enterprises.

Financial highlights

• Annual Recurring Revenue (ARR) reached DKK 9.4 million, up 20% year-over-year, exceeding initial 10% growth expectations.

• EBITDA grew to DKK 2.4 million from DKK 1.7 million in 2024, outpacing ARR growth.

• Net result for 2025 was +DKK 3.5 million, reversing a loss of DKK 2.2 million in 2024.

• EBIT was DKK -139,000, close to breakeven.

• Equity improved from -DKK 5.3 million to +DKK 2.1 million during 2025.

Outlook and guidance

• Forecasting ARR growth of 15%-20% and EBITDA of DKK 3-4 million for 2026.

• Plans to begin repaying shareholder loans, targeting at least DKK 1 million in repayments.

• Continued focus on U.S. market expansion, product innovation, and integration with new ITSM platforms.