Opter (OPTER) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 2025 reached 24.4 MSEK, up 8% year-over-year, with 18 new customer contracts signed during the quarter.

• Annual recurring revenue (ARR) at quarter-end was 89.4 MSEK, a 10% increase year-over-year, with 91% of Q2 revenue from recurring sources.

• Operating profit (EBIT) for Q2 was 5.1 MSEK, with a margin of 21%.

• Result after tax was 3.9 MSEK, or 0.64 SEK per share.

• Cash flow from operations was 4.1 MSEK, and the company remains debt-free with a net cash position of 20.4 MSEK.

Financial highlights

• Q2 net sales: 24.4 MSEK (22.6 MSEK in Q2 2024), 8% growth.

• Recurring revenue: 22.2 MSEK (19.8 MSEK), 12% growth; ARR: 89.4 MSEK (81.3 MSEK), 10% growth.

• EBIT: 5.1 MSEK (5.5 MSEK), EBIT margin 21% (24%).

• Net income: 3.9 MSEK (4.4 MSEK), EPS: 0.64 SEK (0.74 SEK).

• Cash flow from operations: 4.1 MSEK (4.7 MSEK).

Outlook and guidance

• Financial targets include 15% average revenue growth (short/medium term), 100 MSEK total revenue in 2025, and EBIT margin of at least 30% (medium term).

• Dividend policy aims for at least 60% of net profit to be distributed.