Qbim (QBIM) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 was SEK 1.3 million, down from SEK 2.3 million year-over-year, with a net loss of SEK 1.2 million compared to SEK 0.9 million loss last year.

• For H1 2025, revenue totaled SEK 2.1 million, a significant decrease from SEK 4.9 million in H1 2024, with a net loss of SEK 2.0 million versus SEK 1.1 million loss year-over-year.

• The company is preparing for a planned listing on Nasdaq First North Growth Market, with the parent company investing up to SEK 10 million and retaining a maximum 30% stake post-issue.

Financial highlights

• Q2 gross profit was SEK 0.6 million (Q2 2024: SEK 1.4 million), with a gross margin of 47.6% (62.1%).

• EBIT for Q2 was SEK -1.2 million (Q2 2024: SEK -0.8 million), and EBIT margin was -88.2% (-33.1%).

• H1 gross profit was SEK 1.0 million (H1 2024: SEK 3.5 million), with a gross margin of 48.8% (71.7%).

• Cash flow from operations after working capital changes was SEK 0.1 million in Q2 and SEK 0.2 million in H1.

• Investments in intangibles during Q2 amounted to SEK 1.5 million.

Outlook and guidance

• The upcoming IPO is expected to provide resources for accelerated scaling, expansion into new industries, and continued delivery of measurable value.

• Focus areas include sales acceleration, industry-specific solutions, and AI leadership.