Xer Tech (XER) Q2 2025 earnings summary

Executive summary

• Net result for January–June 2025 was -6,633 TSEK, a significant decline from -209 TSEK year-over-year.

• Market conditions remain challenging, especially for small companies, but there is renewed interest in listings.

• Major holding Gosol maintained stable revenues despite a 45% market drop in Swedish solar installations.

• Dynamic Code, previously valued at 1 MSEK, was written down to zero after bankruptcy.

• No significant events occurred during or after the reporting period.

Financial highlights

• Revenue for January–June 2025 was 150 TSEK, up from 0 TSEK year-over-year.

• Operating expenses decreased to -648 TSEK from -881 TSEK year-over-year.

• Net result per share was -1.05 SEK, compared to -0.03 SEK year-over-year.

• Cash and cash equivalents at June 30, 2025, were 10.3 MSEK, up from 8.9 MSEK year-over-year.

• Equity at June 30, 2025, was 20.3 MSEK, down from 40.1 MSEK year-over-year.

Outlook and guidance

• The company remains cautious with cash management and has not engaged in new bridge loans or guarantees.

• Management is optimistic about increased market activity and is working to present new deals.