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Serstech (SERT) investor relations material
Serstech Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales in Q3 2025 rose to KSEK 7,765, a 129% increase year-over-year, reflecting improved customer activity and market normalization after tariff-related uncertainty earlier in the year.
The company completed the closure of its Romanian subsidiary, centralized R&D in Lund, and expanded its sales organization, doubling its size to eight people.
In-house production began in Lund, with the first five instruments manufactured, enhancing flexibility, quality, and cost efficiency.
Financial highlights
Q3 2025 net sales: KSEK 7,765 (Q3 2024: KSEK 3,392); nine-month net sales: KSEK 32,220 (2024: KSEK 38,935).
Q3 2025 EBITDA: KSEK -4,283 (Q3 2024: KSEK -6,657); nine-month EBITDA: KSEK -12,652 (2024: KSEK 344).
Q3 2025 EBIT: KSEK -6,387 (Q3 2024: KSEK -8,518); nine-month EBIT: KSEK -18,882 (2024: KSEK -5,287).
Q3 2025 net result: KSEK -6,410 (Q3 2024: KSEK -8,523); nine-month net result: KSEK -18,780 (2024: KSEK -5,434).
Earnings per share Q3: SEK -0.03 (Q3 2024: SEK -0.04); nine months: SEK -0.07 (2024: SEK -0.03).
Outlook and guidance
Order intake and tender activity increased since August, with expectations for a significantly stronger second half of 2025.
Full effect of sales team expansion and in-house production expected to be visible in 2026.
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Net income surged 61.9% on strong mobile, AIDC, and enterprise growth, with B2B focus for 2026. - BPT
H1 FY26 revenue hit $1B, with strong gas prices and LNG cargoes offsetting lower production. - CPAY
Record 2025 results and 2026 outlook driven by strong segment growth and capital deployment. - LOT
A$76M equity raise supports Kayelekera ramp-up and Letlhakane development amid strong uranium demand. - SYM
Revenue up 29% to $630M, net income $13.36M, $22.3B backlog, strong cash, legal risks persist. - TENB
Record 2025 results with double-digit growth, strong cash flow, and expanding AI-driven platform. - DHX
Q4 2025 revenue down 10% YoY; FY 2026 guidance targets $118M–$122M revenue. - COHR
Q2 FY26 revenue up 17% to $1.69B, with strong EPS growth and robust datacenter demand. - ALGT
Q4 2025 saw record results and margin growth, with 2026 outlook boosted by Sun Country deal. - STC
Record bookings, strong cash flow, and margin expansion drive improved outlook.
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