RanLOS (RLOS) H2 2025 earnings summary

Executive summary

• Achieved a commercial breakthrough in Asia with a record order in Japan in early 2026, marking the largest deal in company history and validating technology on a global stage.

• Strengthened organization with a new CFO and intensified acquisition strategy targeting technology-driven companies in Sweden, Nordics, and Europe.

• Launched BeamForce 21, expanding product portfolio to address both civil and defense industry needs.

• Transitioned stock listing to NGM Nordic SME, enhancing visibility and access to capital markets.

Financial highlights

• Net sales for 2025 totaled 575 KSEK, down from 648 KSEK in 2024, mainly from deliveries to a European premium automotive customer.

• Operating loss for 2025 was -8,092 KSEK, compared to -7,709 KSEK in 2024.

• Cash and cash equivalents at year-end were 10,277 KSEK, up from 5,275 KSEK the previous year.

• Equity increased to 16,507 KSEK from 11,245 KSEK year-over-year, with a solid equity ratio of 77%.

• No dividend proposed for 2025; profits retained to support growth and acquisition agenda.

Outlook and guidance

• Focus for 2026 is on accelerating sales through international resellers and converting deepened customer dialogues into deals.

• Plans to evaluate strategic acquisitions to strengthen the offering and expand market presence.

• Well-capitalized to act offensively in planned initiatives, with expectations for 2026 to be a breakthrough year.