Intellego Technologies (INT) Q3 2025 earnings summary

Executive summary

• Net sales grew by 295% year-over-year in Q3 2025, reaching SEK 294.2 million, with rolling 12-month sales at SEK 771 million.

• EBIT for Q3 was SEK 171.6 million, up 696% year-over-year, with a margin of 58.2%.

• Cash flow from operations was SEK 36.5 million in Q3, and cash and cash equivalents stood at SEK 146.9 million.

• 86.6% of revenue in 2025 came from existing customers, reflecting strong customer retention.

• Strategic financing from Heights Capital Management supports ambitious growth targets and global expansion.

Financial highlights

• Net sales for Jan–Sep 2025 were SEK 712 million, up from SEK 206 million in the same period 2024.

• EBIT for Jan–Sep 2025 was SEK 458 million (SEK 84 million in 2024), with a rolling 12-month EBIT margin of 61.7%.

• Earnings per share before dilution for Jan–Sep 2025 was SEK 9.55 (SEK 2.26 in 2024).

• Net debt decreased to SEK 18.8 million from SEK 70.9 million year-over-year.

• Return on equity reached 58.6% for the first nine months of 2025.

Outlook and guidance

• Financial targets for 2026 set at SEK 2 billion in net revenue and SEK 1 billion in EBIT.

• If full Heights financing is utilized, targets increase to SEK 7.2 billion in revenue and SEK 3.6 billion in EBIT within three years.

• Acquisitions expected to contribute 25% of 2026 revenue, with 75% from organic growth.

• Several framework agreements in the disinfection market could generate over SEK 10 billion in multi-year revenue, pending regulatory approvals.