Rovsing (ROV) Q3 24/25 earnings summary

Executive summary

• Q3 2024/25 marked a transition from turnaround to growth, with strategic initiatives and high activity levels driving the business forward.

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

• EBITDA for Q3 2024/25 was DKK -0.4 million, compared to DKK 0.8 million in the same period last year.

• 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.

Financial highlights

• Q3 2024/25 revenue was DKK 7.5m, down from DKK 9.5m in Q3 2023/24.

• EBITDA for Q3 2024/25 was DKK -0.4m, compared to DKK 0.8m in the same period last year.

• Order backlog reached DKK 48.3m as of April 2025.

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

Outlook and guidance

• Management maintains full-year 2024/25 revenue guidance of DKK 37.0–40.0m and expects positive EBITDA of DKK 1.0–2.0m.

• High activity levels are anticipated in Q4, with a focus on strategic growth initiatives.