Finepart (FINE) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was 1,229 tkr, down 83% year-over-year due to absence of machine deliveries and lower aftermarket sales.

• Net loss before tax for Q3 was -3,456 tkr, compared to -789 tkr in Q3 2024.

• Order backlog at quarter-end exceeded 21,000 tkr, with several Finecut systems sold and scheduled for delivery in Q4 2025 and Q1 2026.

• Successful rights issue in September 2025 raised approximately 15 MSEK, strengthening the balance sheet and enabling repayment of convertible loans.

Financial highlights

• Q3 2025 revenue: 1,229 tkr (6,748 tkr in Q3 2024); 9M 2025 revenue: 5,971 tkr (15,024 tkr in 9M 2024).

• Q3 2025 operating loss: -3,123 tkr; 9M 2025 operating loss: -9,246 tkr.

• Q3 2025 net loss: -3,431 tkr; 9M 2025 net loss: -9,989 tkr.

• EPS after tax for Q3: -0.08 (-0.02); 9M: -0.24 (-0.18).

• Cash and cash equivalents at period-end: 6,842 tkr.

Outlook and guidance

• Strong order book and improved capital base position the company for growth in Q4 2025 and into 2026.

• Focus on accelerating sales, strengthening aftermarket, and driving product development.

• Continued expansion of international reseller network, especially in Europe and North America.