NanoCap Group (NANOC) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 2025 increased to 10.5 MSEK from 8.8 MSEK year-over-year, reflecting 19% organic growth.

• Result after financial items improved to 2.6 MSEK from -0.8 MSEK in Q2 2024, with a strong balance sheet and no interest-bearing debt.

• The group maintained a high equity ratio of 83.7% and positive cash flow from operations.

• The main subsidiary, Precisionstål, continued to deliver stable growth and profitability.

Financial highlights

• Total revenues for H1 2025 reached 20.1 MSEK, up from 17.5 MSEK in H1 2024.

• Result after financial items for H1 2025 was 0.6 MSEK, a turnaround from -4.1 MSEK in H1 2024.

• Earnings per share for Q2 2025 were 0.46 SEK, compared to -0.12 SEK in Q2 2024.

• Cash position at period end was 2.4 MSEK, with total assets of 75.6 MSEK.

Outlook and guidance

• Management expects a continued challenging macro environment, with broader investment market recovery not anticipated before winter 2025/2026.

• The company will maintain financial discipline and readiness to act on new opportunities.