Gomero Group (GOMERO) Q1 2025 earnings summary

Executive summary

• Net sales increased by 31% year-over-year to SEK 14,180 thousand for Q1 2025, driven by product development and expanded customer base.

• EBITDA rose to SEK 1,361 thousand (margin 9.6%), and EBIT improved to SEK 913 thousand (margin 6.4%), both up significantly from Q1 2024.

• Net income reached SEK 751 thousand, compared to a loss of SEK 236 thousand in the same quarter last year.

• Strategic partnership with Ellevio transitioned from pilot to commercial rollout, with a SEK 20 million order for SIPP technology.

• International expansion continued, notably with a digitalization project for Western Power in Australia.

Financial highlights

• Revenue: SEK 14,180 thousand, up from SEK 10,836 thousand year-over-year.

• EBITDA: SEK 1,361 thousand (margin 9.6%), up from SEK 136 thousand (margin 1.3%).

• EBIT: SEK 913 thousand (margin 6.4%), up from SEK -284 thousand (margin -2.6%).

• Net income: SEK 751 thousand, up from SEK -236 thousand.

• Earnings per share: SEK 0.2, up from SEK -0.1 year-over-year.

• Equity per share: SEK 7.3, up from SEK 6.2.

• Cash flow from operations: SEK 5,736 thousand, up from SEK 931 thousand.

• Cash and cash equivalents: SEK 12,818 thousand at period end, up from SEK 9,315 thousand.

Outlook and guidance

• Continued investment in innovation and international expansion to drive sustainable profitability.

• No current external factors seen as altering strategic direction or long-term growth ambitions, despite global uncertainties.