SolidX (SOLIDX) Q3 25/26 earnings summary

Executive summary

• Achieved record profitability, surpassing previous best full-year result after three quarters, with significant operational turnaround in Q3.

• EBITDA for Q3 reached 1.8 MSEK, up from -2.4 MSEK year-over-year, with a margin improvement of nearly 12 percentage points.

• Cash flow and liquidity strengthened, with cash position more than doubling year-over-year.

• Operational leverage and cost efficiency measures drove improved results despite lower revenue.

Financial highlights

• Q3 net revenue: 31,478 KSEK (down from 38,337 KSEK year-over-year).

• Q3 EBITDA: 1,763 KSEK (up from -2,417 KSEK year-over-year).

• Nine-month EBITDA: 6,516 KSEK (up from -174 KSEK year-over-year).

• Cash flow from operations for nine months: 6,225 KSEK (up from 897 KSEK year-over-year).

• Cash and equivalents at period end: 11,130 KSEK (up from 5,120 KSEK year-over-year).

• Q3 net income: -83 KSEK (improved from -4,971 KSEK year-over-year).

Outlook and guidance

• Entering final quarter with positive EBITDA, operating profit, and strong cash flow.

• Positioned for further market share gains as demand normalizes.

• Long-term goal to surpass 1 billion SEK in net sales through organic growth and acquisitions.