White Pearl Technology Group (WPTG) Q2 2025 earnings summary

Executive summary

• Q2 2025 revenue reached SEK 133.6M, up 140% year-over-year, with net profit at SEK 23.4M, up 121% year-over-year.

• EBITDA margin held at 16%, with Q2 EBITDA of SEK 21.2M, up 84.2% year-over-year.

• EPS hit a record 0.83 SEK, a 107.5% increase year-over-year.

• Strategic focus on high-margin, IP-based digital transformation solutions and successful integration of acquisitions drove results.

• Operations span 37 subsidiaries in 30+ countries, with 800 employees and a diversified client base.

Financial highlights

• Q2 2025 revenue: SEK 133.6M (up 139.8% year-over-year); H1 2025 revenue: SEK 232.5M.

• Q2 EBITDA: SEK 21.2M (up 84% year-over-year); H1 2025 EBITDA: SEK 37.1M.

• Q2 net profit: SEK 23.4M (up 121% year-over-year); H1 2025 net profit: SEK 38.7M.

• Cash position at SEK 28.6M, up 121% from Q2 2024; operating cash flow for H1 2025 at SEK 29.4M, up 880%.

• Total equity increased to SEK 166.8M, up 53% year-over-year.

Outlook and guidance

• On track to achieve 2025 revenue target of SEK 470M and EBITDA margin of 15.4%.

• 2028 vision targets SEK 827M revenue and EBITDA margin above 17%.

• Strategic priorities for H2 2025: organic growth, strategic acquisitions, and expansion in Smart Infrastructure and Digital & Emerging Technologies.