Dlaboratory Sweden (DLAB) Q2 2025 earnings summary

Executive summary

• Achieved significant progress in sales, innovation, and customer relations, with a positive outlook for H2 2025.

• Secured a major contract with E.ON via subsidiary SLB, valued at approximately 24 MSEK with an option for extension.

• Entered the Norwegian market with the first order, marking a step in Nordic expansion.

• Launched a new battery monitoring feature in the dState platform, expected to drive recurring revenue.

Financial highlights

• Q2 2025 net revenue: 12,444 KSEK (up from 11,954 KSEK YoY); H1 2025 net revenue: 19,104 KSEK (19,130 KSEK YoY).

• Q2 EBITDA: -815 KSEK (improved from -1,048 KSEK YoY); H1 EBITDA: -5,325 KSEK (down from -4,399 KSEK YoY).

• Q2 net result: -1,447 KSEK (vs. -1,778 KSEK YoY); H1 net result: -6,626 KSEK (vs. -5,894 KSEK YoY).

• Q2 EPS: -0.09 SEK (vs. -0.10 SEK YoY); H1 EPS: -0.39 SEK (vs. -0.35 SEK YoY).

• Cash and cash equivalents at period end: 780 KSEK (vs. 8,925 KSEK YoY).

Outlook and guidance

• Anticipates a strong second half of 2025 due to project timing and increased recurring revenues.

• Focus remains on Swedish market while expanding internationally, especially in the Nordics.