Litium (LITI) Q4 2025 earnings summary

Executive summary

• Achieved record-high order intake in Q4 2025, marking the strongest quarter and year to date, driven by focused strategy and high market demand for digitalization and efficiency.

• Over 50 new customers added in 2025, with more than 300 customers now using the platform, strengthening recurring revenue and long-term growth prospects.

• Strategic partnerships and acquisitions, including the completed acquisition of Geins Group and a new partnership with Monitor ERP, have expanded offerings and market reach.

Financial highlights

• Annual Recurring Revenue (ARR) as of 2025-12-31 was 93.5 MSEK, up 17.8% year-over-year (79.4 MSEK in 2024).

• Q4 2025 net sales increased by 24.4% to 24.2 MSEK (19.5 MSEK in Q4 2024), with a gross margin of 68.3%.

• Full-year 2025 net sales grew by 13.0% to 81.8 MSEK (72.3 MSEK in 2024), with a gross margin of 68.3%.

• EBITDA for Q4 was 4.1 MSEK (4.9 MSEK in Q4 2024); full-year EBITDA was 16.4 MSEK (17.4 MSEK in 2024).

• EBIT for Q4 was -1.4 MSEK (0.7 MSEK in Q4 2024); full-year EBIT was -2.9 MSEK (0.6 MSEK in 2024).

• Net result per share for Q4 was -0.10 SEK (0.05 SEK); for the year, -0.20 SEK (0.04 SEK).

• Investments rose sharply to 32.7 MSEK for the year (19.8 MSEK in 2024), mainly due to the Geins acquisition.

• Cash and cash equivalents at year-end were 16.4 MSEK (7.1 MSEK in 2024).

Outlook and guidance

• Continued focus on product platform development, especially AI initiatives, expected to improve gross margin.

• Ongoing investments in growth, with a strong start to 2026 and several new customers already onboarded.

• Management remains optimistic about long-term growth, scalability, and profitability.