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Nexcom (NEXCOM) Q1 2025 earnings summary

Event summary combining transcript, slides, and related documents.

Logotype for Nexcom A/S

Q1 2025 earnings summary

6 Jun, 2025

Executive summary

  • Revenue grew 29% year-over-year in Q1 2025 to DKK 2,434k, driven by higher annual recurring revenue.

  • All customer contracts were renewed, maintaining high loyalty.

  • New COO and Chief Data and AI Officer appointed to support scalability and AI capabilities.

  • Board change: Christian Hein Nielsen joined, replacing Peter Ott.

Financial highlights

  • Revenue: DKK 2,434k in Q1 2025 vs. DKK 1,719k in Q1 2024.

  • EBITDA: DKK -2,266k in Q1 2025 vs. DKK -2,031k in Q1 2024.

  • EBIT: DKK -3,034k in Q1 2025 vs. DKK -2,978k in Q1 2024.

  • Net loss after tax: DKK -4,360k in Q1 2025 vs. DKK -2,629k in Q1 2024.

  • Earnings per share: DKK -0.19.

Outlook and guidance

  • Strategy remains focused on profitable growth and maintaining a conservative cost base to achieve cash flow positivity in 2025.

  • Management expects current cost structure to support scalable growth.

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