EasyFill (EASY) Q2 2025 earnings summary

Executive summary

• Results improved in the first half of 2025, driven by increased sales of patented products and operational focus on core business.

• Strategic partnership with HL Display grants global sales rights for the full product portfolio, marking a milestone.

• Ongoing market tests and strengthened collaborations with ITAB and HMY are expanding market reach.

Financial highlights

• Net sales for Q2 2025 were 17,147 tkr, down from 29,556 tkr year-over-year; excluding divested units, the decrease was 8.4%.

• EBITDA for Q2 improved to -1,338 tkr from -2,460 tkr; net result after tax improved to -3,188 tkr from -4,915 tkr.

• For H1 2025, net sales were 29,947 tkr (down from 53,093 tkr); EBITDA improved to -1,994 tkr from -2,562 tkr.

• Cash and cash equivalents at June 30 were 1,084 tkr, down from 4,703 tkr a year earlier.

• Equity at period end was 16,051 tkr, compared to 31,298 tkr last year.

Outlook and guidance

• Management expects continued improvement, supported by new partnerships and increased demand for core products.

• Market tests and product launches with HL Display and ITAB/HMY are expected to drive future growth.