Softronic (SOF) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 increased by 6.6% year-over-year to SEK 206.2 million, with growth driven mainly by the Innofactor acquisition and a small organic increase.

• EBITDA for Q3 was SEK 30.9 million, down from SEK 35.5 million last year, reflecting lower server hall utilization and margin pressure.

• Net income for Q3 was SEK 20.1 million, compared to SEK 25.6 million in Q3 2024.

• For the nine months, revenue rose to SEK 670.3 million (up from SEK 630.3 million), but net income declined to SEK 51.5 million from SEK 58.2 million.

• SaaS solution CM1 was listed by Gartner as the only Nordic AML platform, and two new data centers were inaugurated.

Financial highlights

• Q3 2025 revenue: SEK 206.2 million (Q3 2024: SEK 193.4 million).

• Q3 EBITDA: SEK 30.9 million (Q3 2024: SEK 35.5 million); EBITDA margin: 15.0% (18.4%).

• Q3 pre-tax profit: SEK 25.4 million (Q3 2024: SEK 32.4 million); pre-tax margin: 12.3% (16.8%).

• Q3 net income per share: SEK 0.38 (Q3 2024: SEK 0.49).

• Cash flow from operations for Q3: SEK 15.3 million (Q3 2024: SEK 38.9 million).

• Total liquidity at period end: SEK 103.6 million.

Outlook and guidance

• Market remains challenging with customer focus on cost control and profitability, leading to restrained demand and margin pressure in the IT consulting sector.

• Continued emphasis on operational efficiency and customer orientation to support future growth.