Plejd (PLEJD) Q4 2025 earnings summary

Executive summary

• Achieved 41% organic growth for the year, driven by strong product launches and international expansion, especially in the Netherlands.

• New thermostat TRM-01 and smartplug SPD-01 contributed significantly to sales, with further product launches planned for 2026.

Financial highlights

• Q4 2025 net revenue was 288,333 tkr, up 41.3% year-over-year; full-year revenue reached 934,767 tkr, up 41.1%.

• Q4 EBITDA was 104,121 tkr (margin 36.1%), EBIT 80,169 tkr (margin 27.8%).

• Full-year EBITDA was 317,835 tkr (margin 34.0%), EBIT 229,727 tkr (margin 24.6%).

• EPS before dilution was 5.63 kr in Q4 and 16.12 kr for the year.

• Cash flow from operations for the year was 200,345 tkr; cash and equivalents at year-end were 92,303 tkr.

Outlook and guidance

• Continued focus on organic growth and profitability, with new product launches (notably LED panel LPN-01) expected to drive commercial installations in 2026.