BeammWave (BEAMMW) Q3 2025 earnings summary

Executive summary

• Entered a joint development agreement with Nitto Denko and appointed a new VP of Business Development and Sales in Q3 2025.

• Successfully completed a rights issue and a directed share issue, raising approximately SEK 79 million net.

• Focused on accelerating industrialization and expanding the team to support high-volume production.

• Strong market momentum in Northeast Asia, with growing interest in 6G and high-frequency bands.

Financial highlights

• Net sales for January–September 2025 were SEK 2,593K, up from SEK 1,066K year-over-year.

• Operating loss for the period was SEK -16,347K, compared to SEK -16,053K the previous year.

• Cash and cash equivalents at period end were SEK 92,883K, up from SEK 21,181K year-over-year.

• Equity ratio improved to 96% from 90% year-over-year.

• No interest-bearing liabilities as of September 30, 2025.

Outlook and guidance

• Plans to accelerate industrialization and maintain strong R&D schedules for high-volume quality.

• Continued focus on supporting current customers, onboarding new talent, and expanding into new markets.

• Preparing for increased engagement in Asia and participation in MWC 2026.