Realfiction (REALFI) Q4 2024 earnings summary

Executive summary

• Revenue nearly doubled year-over-year to TSEK 18,619, driven by a major DPT proof-of-concept sale and strong mixed reality display sales.

• Signed first significant license and collaboration agreement with Goworld, enabling mass manufacturing of DPT products.

• Positive cash flow in Q4-2024 extended liquidity outlook into August 2025.

• Commercial traction established with monetization of technology and expanded industry partnerships.

Financial highlights

• Q4-2024 revenue: TSEK 4,573 (up 64% year-over-year); full year revenue: TSEK 18,619 (up 88%).

• Q4-2024 gross profit: TSEK 3,001; gross margin: 65.6% (down from 69.4%); full year gross margin: 73.4% (up from 65.8%).

• Result after financial items: TSEK -5,827 in Q4-2024; TSEK -22,798 for the year (loss widened year-over-year).

• Q4-2024 cash flow from operations: TSEK 6,034; full year: TSEK -9,551.

• Equity at year-end: TSEK 51,790 (down from TSEK 67,471).

Outlook and guidance

• Sufficient liquidity to sustain operations into August 2025, with ongoing evaluation of strategic and financial alternatives.

• Focus for 2025 is on converting commercial traction into scalable, revenue-generating partnerships and licensing agreements.

• Board confident in ability to secure additional funding to support operational and strategic plans.