Suntrade Group (STRD) Q5 2025 summary

Executive summary

• September marked significant progress with the registration of a Finnish subsidiary and the start of key projects in Sweden and Finland, strengthening the company’s Nordic energy storage position.

• Strategic partnerships and negotiations with China Gas and Linyang are underway, and a major energy storage project sale agreement (up to 100 MW) was signed.

• The company is in an early development phase, with revenue expected to grow as projects are completed.

Financial highlights

• Net sales for September were 0.2 MSEK, reflecting the early stage of project development.

• EBITDA for the period was -0.5 MSEK, and operating income was -0.7 MSEK, mainly due to ongoing investments in organization and market establishment.

• Result after financial items for the period was -0.7 MSEK; result per share was -0.00 SEK.

• Total assets as of September 30, 2025, were 13.0 MSEK; equity ratio was 16.4%.

Outlook and guidance

• Revenue is expected to increase as energy storage projects are completed and operational.

• The company anticipates positive development in both revenue and market share in the coming years, driven by strong market demand and ongoing technical advancements.