ChargePanel (CHARGE) Q4 2025 earnings summary

Executive summary

• Revenue increased significantly in Q4 2025, with improved results and strengthened market position through major contracts and expanded partnerships in Europe.

• Platform user base grew 129% year-over-year to 76,610 EV drivers; connected charging points rose 170% to 40,817.

• Focus on recurring revenues led to an 88% year-over-year increase in Q4, mainly from connected outlets.

Financial highlights

• Q4 2025 net revenue: 3,376 KSEK (2,641 KSEK); full year: 10,443 KSEK (12,609 KSEK).

• Q4 EBIT: -2,660 KSEK (-3,127 KSEK); full year EBIT: -9,704 KSEK (-10,675 KSEK).

• Q4 net result: -2,861 KSEK (-3,276 KSEK); full year: -10,585 KSEK (-11,896 KSEK).

• Cash flow from operations Q4: -272 KSEK (-1,596 KSEK); full year: -9,237 KSEK (-12,756 KSEK).

• Cash and equivalents at year-end: 3,602 KSEK (6,246 KSEK); available liquidity: 6,602 KSEK.

Outlook and guidance

• Continued focus on profitable growth and long-term value creation, leveraging strong demand for EV solutions in Europe.

• Ongoing development of next-generation platform with API-first architecture for scalability.