Zoomability (ZOOM) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 was 992 tSEK, down from 1,872 tSEK year-over-year, with EBIT at -1,672 tSEK, a slight improvement from -1,724 tSEK.

• Loss per share improved to -0.07 SEK from -0.14 SEK year-over-year.

• The company is transitioning to a new business model with a focus on production and development in China and targeting the tourist market.

• Battery supply issues limited deliveries, but new batteries are expected to resolve short-term disruptions.

• Leadership transition is underway, with a new CEO and board members taking over in September.

Financial highlights

• Q2 2025 net sales: 992 tSEK (Q2 2024: 1,872 tSEK), EBIT: -1,672 tSEK (Q2 2024: -1,724 tSEK).

• Net result after financial items: -1,526 tSEK (Q2 2024: -1,812 tSEK).

• Equity as of June 30, 2025: 6,762 tSEK (June 30, 2024: 5,694 tSEK).

• Cash at period end: 2,202 tSEK (June 30, 2024: 2,968 tSEK).

• Soliditet (equity ratio) improved to 58% from 46% year-over-year.

Outlook and guidance

• Full launch of Zoom 2.0 is expected in Q4 2025, with initial focus on the tourist market in China and continued expansion in Italy and the US.

• Short-term delivery issues due to battery problems are expected to be resolved with new shipments from China.

• The ongoing rights issue is critical for future growth and is guaranteed to about 40% by major shareholders and management.