Recyctec (RECY) Q4 2025 earnings summary

Executive summary

• Operating result improved significantly to -131 KSEK from -719 KSEK compared to the same quarter last year, mainly due to cost reductions.

• Revenue decreased by 26% to 4,071 KSEK, reflecting the absence of large, unique orders seen in Q4 2024; underlying sales remained stable year-over-year.

• Increased demand for glycol products led to stable sales of core products, with ongoing efforts to secure larger deals.

• Organizational restructuring included a new CEO and a focus on cost-effective operations.

Financial highlights

• Net sales for Q4 2025 were 4,071 KSEK, down from 5,533 KSEK in Q4 2024.

• Operating result (EBIT) for Q4 2025 was -131 KSEK, a significant improvement from -719 KSEK in Q4 2024.

• Result per share for the quarter was -0.016 SEK.

• Full-year net loss was -6,971 KSEK, improved from -8,980 KSEK the previous year.

• Cash flow from operating activities in Q4 was 2,146 KSEK, compared to -676 KSEK in Q4 2024.

Outlook and guidance

• Management expects continued improvement in operating results, driven by cost savings and increased sales focus.

• Spring is typically a weaker period for regular sales, so B2B sales and larger deals are prioritized.

• Positive market signals and increased interest in climate-smart products are expected to support growth.