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ZetaDisplay (ZETA) investor relations material
ZetaDisplay Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 saw stable performance with net sales up 2.3% year-over-year to SEK 155.0 million and recurring revenue up 1.6% to SEK 66.5 million, representing 42.9% of net sales.
Adjusted EBITDA for the quarter was SEK 25.8 million, in line with the previous year, while year-to-date adjusted EBITDA rose to SEK 67.9 million.
Leadership changes included the appointment of Daniel Nergård as CEO on October 1, 2025, following Anders Olin’s departure.
A strategic partnership was announced with ENRA Technologies to expand digital signage in Africa and the Middle East.
Financial highlights
Net sales for January–September 2025 increased 7.3% year-over-year to SEK 471.4 million.
Recurring revenue for the same period rose 2.4% to SEK 195.2 million.
Gross margin decreased to 56.3% in Q3 (from 58.7% last year) and to 55.7% year-to-date (from 57.9%).
Operating loss after restructuring costs was SEK -7.3 million for Q3, with a net loss after tax of SEK -21.8 million.
Cash flow from operating activities was SEK -13.3 million in Q3, impacted by transformation outflows and inventory build-up.
Outlook and guidance
The company expects continued industry consolidation and strategic realignment, with a focus on full-service SaaS platforms.
Priorities include monetizing existing customer relationships, selective market expansion, and ongoing investment in the Engage Suite platform.
Disciplined cost management and operational focus are expected to support recurring revenue growth and profitability.
- TimeTickerHeadlineOpen
- 6 FebJ
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Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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