Qbim (QBIM) Q4 2025 earnings summary

Executive summary

• Focused on converting pipeline to paying customers and surpassed 100 active users in Q-Sales.

• Launched support for Norwegian and Danish, expanding relevance in the Nordic market.

• Initiated discussions with larger organizations for strategic use of Q-Sales.

• Enhanced platform to include and analyze telephony for more comprehensive customer insights.

Financial highlights

• Q4 net revenue was SEK 1.0M, down from SEK 2.2M year-over-year; full-year revenue SEK 3.8M, down from SEK 8.8M.

• Q4 EBITDA was SEK -1.4M (vs. -0.1M); full-year EBITDA SEK -3.8M (vs. -0.7M).

• Q4 EBIT was SEK -1.6M (vs. -0.2M); full-year EBIT SEK -4.4M (vs. -0.9M).

• Q4 gross margin dropped to 10.1% from 73.3%; full-year gross margin 43.4% (vs. 73.1%).

• Q4 result per share was SEK -0.02; full-year result per share SEK -0.07.

Outlook and guidance

• Entering next growth phase with established product and focus on scaling usage and license volumes.