Finepart (FINE) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 increased by 12% year-over-year, driven by higher cutting assignments and aftermarket sales.

• Cost-saving measures implemented in 2024 continued to improve operational efficiency and reduce expenses.

• Several significant orders were received during and after the period, strengthening the order book and market position.

Financial highlights

• Q2 2025 revenue: 1,976 tkr (up from 1,763 tkr in Q2 2024); H1 2025 revenue: 4,744 tkr (down from 8,276 tkr in H1 2024).

• Q2 2025 operating loss: -3,309 tkr (improved from -4,979 tkr in Q2 2024); H1 2025 operating loss: -6,558 tkr (slightly improved from -6,818 tkr in H1 2024).

• EPS after tax: -0.08 for Q2 2025 (vs. -0.12 in Q2 2024); -0.16 for H1 2025 (unchanged year-over-year).

• Cash flow from operations for H1 2025: -1,578 tkr (improved from -4,254 tkr in H1 2024).

• Cash and cash equivalents at June 30, 2025: 1,963 tkr.

Outlook and guidance

• A fully guaranteed rights issue of approximately 10 MSEK is underway to support continued expansion.

• Strong order book and improved sales process position the company well for the remainder of the year.