Klimator (KLIMAT) Q4 2025 earnings summary

Executive summary

• Achieved record growth in Winter Maintenance, with net sales up 38% year-over-year to 36,303 TSEK and a return to profitability for the first time since 2019.

• Fourth quarter net sales rose 31% year-over-year to 12,262 TSEK, with gross margin improving to 71%.

• Strategic focus on expanding recurring revenue base and strengthening market position through new and expanded contracts in Sweden, Norway, and Denmark.

Financial highlights

• Full-year net sales: 36,303 TSEK (up 38% from 26,389 TSEK); Q4 net sales: 12,262 TSEK (up 31%).

• Full-year EBIT: 1,382 TSEK (vs. -1,920 TSEK prior year); Q4 EBIT: 1,292 TSEK (up from 642 TSEK).

• Full-year profit after tax: 892 TSEK (vs. -2,510 TSEK prior year); Q4 profit after tax: 1,221 TSEK (up from 520 TSEK).

• Cash and cash equivalents at year-end: 12,600 TSEK (up from 9,175 TSEK).

• Earnings per share for the year: 0.02 SEK (vs. -0.08 SEK prior year).

Outlook and guidance

• Focus for 2026 is on executing the investment plan, maintaining growth momentum, and further expanding the Winter Maintenance business with improved profitability.

• Plans to begin reporting Annual Recurring Revenue (ARR) from Q1 2026 to enhance transparency.