Rentunder (RENT) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was SEK 1,854,530, down from SEK 3,132,429 in H1 2024, mainly due to fewer boat washer deliveries; service and maintenance dominated sales.

• Net loss for H1 2025 was SEK -1,291,590, an improvement from SEK -1,535,836 in H1 2024, attributed to cost-saving measures, especially lower personnel expenses.

• No forecast or targets for the year were provided due to uncertainties in order intake and timing of deliveries.

Financial highlights

• Revenue per share was SEK 0.02; earnings per share after tax was SEK -0.01 for H1 2025.

• Equity per share stood at SEK 0.03 as of June 30, 2025.

• Cash and cash equivalents at period end were SEK 215,098, down from SEK 1,097,934 at the end of H1 2024.

• Total assets decreased to SEK 4,963,615 from SEK 5,383,647 at year-end 2024.

• Operating cash flow for H1 2025 was SEK -881,376.

Outlook and guidance

• No forward-looking statements or guidance were issued due to significant uncertainties in order flow and revenue recognition timing.