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Terranet (TERRNT) investor relations material
Terranet Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focus shifted from development to commercializing BlincVision, with MVP delivered and external evaluations initiated in new industries including autonomous vehicles, AI, mining, and defense.
Patent protection was strengthened, and BlincVision achieved Class 1 Laser Product certification, supporting real-world evaluations.
Funding secured through directed and rights issues, ensuring liquidity into 2027.
Participation in the VERDAS 3 research project aims to advance driver assistance systems and support Euro NCAP protocols for 2029.
Financial highlights
Revenue for Q4 and full year 2025 was SEK 0 thousand, compared to SEK 1 thousand and SEK 283 thousand in 2024.
Operating loss for Q4 was SEK -11,214 thousand (Q4 2024: -9,555), and for the year SEK -40,885 thousand (2024: -35,808).
Net loss for Q4 was SEK -11,505 thousand (Q4 2024: -10,060), and for the year SEK -46,407 thousand (2024: -39,123).
Earnings per share for the year improved to SEK -0.02 from SEK -0.04 in 2024.
Cash and cash equivalents at year-end were SEK 37,681 thousand, up from SEK 18,541 thousand.
Outlook and guidance
2026 focus on commercializing BlincVision, expanding partnerships, and targeting revenue generation.
Ongoing external evaluations and business development in automotive and new verticals.
Continued strengthening of IP and patent portfolio.
- BlincVision reached key milestones and SEK 12.6M was raised through warrants.TERRNT
Q2 20241 Feb 2026 - Autonomous braking milestone achieved, but ongoing losses and funding needs create uncertainty.TERRNT
Q3 202416 Jan 2026 - BlincVision nears MVP launch with strong funding, team growth, and 2025 commercialization plans.TERRNT
Q4 202423 Dec 2025 - MVP launched, MSEK 40 raised, and first proprietary patent secured amid ongoing losses.TERRNT
Q2 202523 Nov 2025 - Q1 loss widens, but MVP progress and 40 MSEK funding secure operations into 2026.TERRNT
Q1 202515 Nov 2025 - BlincVision MVP delivered; losses persist, financing remains critical for continued operations.TERRNT
Q3 202524 Oct 2025
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