Rovsing (ROV) Q3 24/25 earnings summary

Executive summary

• Q3 2024/25 revenue was DKK 7.5 million, down from DKK 9.5 million year-over-year.

• EBITDA for Q3 was DKK -0.4 million, compared to DKK 0.8 million in Q3 2023/24.

• Order intake in Q3 reached DKK 9.3 million, with total intake from January to April at DKK 23.6 million.

• Order backlog stands at DKK 48.3 million, diversified across institutional, military, and commercial space sectors.

• Strategic focus remains on growth, diversification, competitiveness, and investor relations.

Financial highlights

• Revenue declined by DKK 2.0 million year-over-year in Q3.

• EBITDA turned negative at DKK -0.4 million, down from a positive DKK 0.8 million in the prior year quarter.

Outlook and guidance

• Revenue for 2024/25 expected in the range of DKK 37.0 to 40.0 million.

• Positive EBITDA forecasted between DKK 1.0 and 2.0 million for the full year.

• High activity level anticipated in Q4.