Dlaboratory Sweden (DLAB) Q3 2025 earnings summary

Executive summary

• Entered a period of strong cash flow as annual licenses are invoiced and inspection season ends, setting up for a stable Q4 and strong year-end.

• Launched dSense, a new network monitoring solution, marking a technical and commercial breakthrough and expanding revenue streams.

• Order intake included significant deals for dSense and monitoring solutions, with new and recurring revenue expected.

Financial highlights

• Q3 2025 net sales: 10,939 KSEK (down from 14,158 KSEK YoY).

• EBITDA: -655 KSEK (116 KSEK YoY); net result: -1,294 KSEK (-586 KSEK YoY).

• Nine months 2025 net sales: 30,043 KSEK (33,288 KSEK YoY); EBITDA: -5,980 KSEK (-4,232 KSEK YoY).

• Cash and cash equivalents at period end: 993 KSEK (5,010 KSEK YoY).

• Equity at period end: 3,241 KSEK (10,888 KSEK YoY); solidity: 19% (42% YoY).

Outlook and guidance

• Strong cash flow expected in Q4 as annual licenses are invoiced and inspection season concludes.

• Underlying business remains stable with growing recurring revenues and order book.

• Positive outlook for continued growth in Sweden and international markets, driven by digitalization of power grids.