Flowscape Technology (FLOWS) Q1 2025 earnings summary

Executive summary

• Achieved third consecutive quarter of profitability, with EBIT at 160 TSEK compared to -1,446 TSEK year-over-year.

• Net sales increased to 11,431 TSEK from 10,420 TSEK year-over-year, driven mainly by license revenues.

• Order intake was 4,048 TSEK, with annual recurring revenue (ARR) at 1,579 TSEK, reflecting a cautious market and delayed investment decisions.

• Cash position remained stable at 11,741 TSEK at quarter-end.

• Strengthened sales and management teams to drive new customer acquisition and operational efficiency.

Financial highlights

• EBITDA rose to 2,325 TSEK from 587 TSEK year-over-year.

• Result after financial items improved to 160 TSEK from -1,446 TSEK year-over-year.

• Earnings per share after financial items was 0.008 SEK, up from -0.074 SEK year-over-year.

• Cash flow for the period was 1,021 TSEK, compared to 1,073 TSEK year-over-year.

• Equity at period-end was 16,668 TSEK, up from 16,400 TSEK at year-start.

Outlook and guidance

• Focus on expanding new customer base and leveraging strengthened sales organization.

• Updated product roadmap to reinforce market leadership in Workplace Analytics and Space Management.

• Anticipates continued demand for hybrid workplace solutions and cost-saving offerings.