Qbrick (QBRICK) Q2 2025 earnings summary

Executive summary

• Achieved 22% year-over-year revenue growth in Q2 2025, reaching 7.8 MSEK, and 8% growth for the half-year to 15.0 MSEK.

• EBITDA turned positive to 0.1 MSEK in Q2 2025 from -1.2 MSEK in Q2 2024, reflecting improved profitability.

• Accelerated transformation into an AI-driven company with new product launches and strategic partnerships.

• Strengthened balance sheet with 61.8% equity ratio, supported by a bridge loan and share issue for acquisition payment.

Financial highlights

• Gross margin decreased to 77.1% in Q2 2025 from 80.9% in Q2 2024 due to higher production costs.

• Cash position at quarter-end was 2.8 MSEK, up from 2.4 MSEK at the start of the quarter.

• Result per share improved to -0.03 kr in Q2 2025 from -0.05 kr in Q2 2024.

• Operating expenses increased slightly to -8.9 MSEK in Q2 2025 from -8.7 MSEK in Q2 2024.

• Equity at period end was 20.5 MSEK, with 93,456,432 shares outstanding.

Outlook and guidance

• Focus on continued product launches, sales growth, and market positioning in the second half of 2025.

• Ongoing investments in AI-driven video solutions and expansion into e-learning and editorial video production.