Ortelius International (ORTIN) Q4 2025 earnings summary

Executive summary

• 2025 marked a transition year with a reverse acquisition, Nasdaq First North Growth Market listing, and significant internal restructuring to support future growth and scalability.

• Strategic acquisitions, including Tech5 AB, expanded consulting capacity and expertise in project management, technology, and digitalization.

• The year was characterized by non-recurring costs related to the listing, legal advisory, and integration, impacting profitability.

• A major framework agreement was signed in the automotive sector, valued up to EUR 30 million through 2027.

Financial highlights

• Full-year net sales reached MSEK 51.9, up from MSEK 38.9 year-over-year; H2 net sales were MSEK 23.8, down from MSEK 38.9.

• EBITDA for the year was MSEK -29.2 (10.1 prior year); operating profit was MSEK -39.8 (8.0 prior year).

• Net loss for the year was MSEK -43.0 (5.5 prior year); EPS was SEK -1.3 (6.7 prior year).

• Cash flow from operating activities was MSEK -3.7 for the year; cash and cash equivalents at year-end were MSEK 1.1.

Outlook and guidance

• Focus remains on organic growth, stable earnings, and selective strategic acquisitions to increase recurring revenue.

• Ongoing review of operations to improve efficiency, prioritization, and execution.

• No dividend proposed for 2025.