Finepart (FINE) Q4 2025 earnings summary

Executive summary

• Q4 2025 saw revenues of 17,706 tkr, a 117% increase year-over-year, driven by three machine sales versus one in Q4 2024.

• Full-year 2025 revenues reached 23,676 tkr, up 2.7% from 23,051 tkr in 2024.

• Net result for Q4 was 4,691 tkr before tax, compared to -562 tkr in Q4 2024; full-year result was -5,323 tkr before tax, improved from -8,159 tkr in 2024.

• Order backlog at year-end was approximately 6,721 tkr.

• Operational efficiency and cost control led to a 35% improvement in results year-over-year.

Financial highlights

• Q4 operating income: 17,706 tkr (8,168 tkr in Q4 2024); operating costs: -12,998 tkr (-8,504 tkr in Q4 2024).

• Full-year operating income: 23,676 tkr (23,051 tkr in 2024); operating costs: -28,213 tkr (-30,226 tkr in 2024).

• Q4 net profit per share: 0.01 kr (-0.01 kr in Q4 2024); full-year: -0.02 kr (-0.20 kr in 2024).

• Cash and cash equivalents at year-end: 6,334 tkr (3,041 tkr in 2024).

• Cash flow from operations: -8,009 tkr for 2025 (-3,187 tkr in 2024).

Outlook and guidance

• Focus for 2026 remains on Europe and North America, with a strategy to drive application-based sales and improve conversion from qualification to sales.

• A new sales resource will join at the end of Q1 2026 to support growth.