Aixia Group (AIXIA) Q4 2025 earnings summary

Executive summary

• 2025 saw a significant market shift, with delayed AI infrastructure investments and a more cautious climate following a strong 2024, leading to lower revenue and profitability year-over-year.

• Strategic focus shifted to applied, agentic, and industrial AI with measurable ROI, strengthening the company's position in operational environments.

• Acquisitions of White Red SW2 AB and Webland AB expanded recurring revenue and established a platform for future AI growth.

• Geopolitical fragmentation and digital sovereignty concerns increased demand for local AI infrastructure and control, aligning with the company's long-standing strategy.

Financial highlights

• Net turnover for 2025 was SEK 222.5 million, down from SEK 360.6 million in 2024.

• EBITDA for the year was SEK 5.2 million (2024: SEK 24.0 million); operating profit was SEK -2.2 million (2024: SEK 18.4 million).

• Net profit for 2025 was SEK -3.5 million, compared to SEK 14.1 million in 2024.

• Earnings per share were SEK -2.22 (2024: SEK 8.97).

• Cash flow from operating activities was SEK 1.9 million (2024: SEK 28.8 million); total cash flow for the year was SEK -7.0 million.

• Cash and cash equivalents at year-end were SEK 13.3 million (2024: SEK 20.3 million).

Outlook and guidance

• Entering 2026 with a qualified business pipeline of SEK 174 million, mainly in local AI infrastructure and factories.

• Full impact of cost-alignment program and internal efficiencies expected to improve annual earnings by SEK 7 million in 2026.

• Focus on scaling AI offerings, expanding agentic and industrial AI, and increasing ARR share.

• Market expected to structurally favor local, sovereign AI solutions, with improved profitability and cash flow as priorities.