Rovsing (ROV) Q4 24/25 earnings summary

Executive summary

• 2024/25 was a stabilization year with revenue of DKK 37.0 million, down 5.7% from the prior year, following a 39% YoY growth in 2023/24.

• EBITDA decreased to DKK 1.3 million from DKK 2.9 million, impacted by one-time effects from project replanning and customer delays.

• Loss after tax was DKK 2.9 million, compared to a profit of DKK 0.2 million in 2023/24.

• Order backlog remained stable at DKK 39.7 million, with a strong order intake of DKK 37.8 million, up from DKK 10.3 million last year.

• Strategic focus on global expansion, buy-and-build initiatives, and strengthening core space and defense business.

Financial highlights

• Revenue: DKK 37.0 million (2023/24: DKK 39.3 million).

• EBITDA: DKK 1.3 million (2023/24: DKK 2.9 million).

• EBIT: DKK -1.0 million (2023/24: DKK 1.0 million).

• Net loss: DKK 2.9 million (2023/24: profit of DKK 0.2 million).

• Cash flow from operations: DKK -0.4 million (2023/24: DKK 1.1 million).

• Equity at year-end: DKK 10.7 million (2023/24: DKK 10.2 million).

Outlook and guidance

• Revenue for 2025/26 expected in the range of DKK 37.0–41.0 million.

• EBITDA for 2025/26 projected at DKK 1.0–3.0 million.

• Positive industry outlook with increased tender activity anticipated.