Second Quarter Report 2025

April, June 2025 Serstech Group

Net sales amounted to KSEK 4 563 (21 369).

EBITDA amounted to KSEK - 8 875 (5 595).

EBIT amounted to KSEK -10 992 (3 715).

Cash flow from operating activities amounted to KSEK -11 631 (-1 112).

Earnings per share amounted to SEK -0.04(0.02).

Earnings per average number of shares amounted to SEK -0.04 (0.02).

January, June 2025 Serstech Group

Net sales amounted to KSEK 24 455 (35 543).

EBITDA amounted to KSEK, 8 204 (6 963).

EBIT amounted to KSEK -12 329 (3 194).

Cash flow from operating activities amounted to KSEK -14 772 (515).

Earnings per share amounted to SEK -0.05 (0.01).

Earnings per average number of shares amounted to SEK -0.05 (0.01).

Message from the CEO

The second quarter of 2025 showed lower sales, amounting to approximately 4.5 MSEK (21.4 MSEK). The lower sales in Q2 are in line with the broader market, as several companies in our sector have reported a slow quarter, largely due to geopolitical uncertainty and delayed procurement processes, particularly in the US, where several planned purchases have been put on hold. We have also seen limited customer participation at key US industry exhibitions, reflecting a cautious market sentiment.

Despite the short-term challenges, we have continued to execute on our strategic plan. Our expanded sales team is now largely in place, with the final addition for this year starting in September. Compared to the ...