Neovici (NEO) Q4 2025 earnings summary

Executive summary

• Achieved record sales and results in Q4 2025, driven by a major new strategic customer agreement and the acquisition of Wraptech Svenska AB.

• Strengthened financial position through a directed share issue of 10 MSEK post-period, enabling accelerated commercialization of Cosmoz AI.

• Focused on profitable growth for 2026, with a clear strategy to expand in the Nordics and through partnerships in Asia.

Financial highlights

• Q4 2025 net revenue rose 318% year-over-year to 57.7 MSEK; full-year revenue up 102.7% to 132.3 MSEK.

• Q4 EBITDA reached 22.9 MSEK (39.7% margin); full-year EBITDA was 2.6 MSEK (1.9% margin).

• Q4 net income after tax was 17.2 MSEK; full-year net loss after tax improved to -12.9 MSEK from -24.9 MSEK.

• Annual Recurring Revenue (ARR) increased 25.1% year-over-year to 85.9 MSEK.

• Operating cash flow for Q4 was 25.4 MSEK; full-year operating cash flow was 22.1 MSEK.

Outlook and guidance

• Entering 2026 with a strong platform, aiming for profitability within the year.

• Plans for further expansion into new verticals (industry, telecom, energy) and continued cross-selling to Wraptech’s customer base.