EatGood (EATG) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 2025 were 527 TKR, a slight decrease from 589 TKR in Q2 2024, while operating loss improved to -1,267 TKR from -1,420 TKR year-over-year.

• Sales were distributed across multiple regions, highlighting global interest in Lightfry, with new orders in Sweden, Denmark, UK, Saudi Arabia, Bulgaria, and the US.

• A three-year framework agreement was signed with WhitCo Ltd in the UK for a minimum of 225 units, supporting long-term volume growth.

• A rights issue completed in May was subscribed to 80%, raising 3.9 MSEK before costs, strengthening liquidity for expansion.

Financial highlights

• Q2 2025 net sales: 527 TKR (Q2 2024: 589 TKR); operating result: -1,267 TKR (Q2 2024: -1,420 TKR).

• Total assets at June 30, 2025: 9,075 KKR; equity: 3,942 KKR; cash: 1,183 KKR.

• Soliditet (equity ratio): 55% at Q2 2025, up from 45% at year-end 2024.

• Result per share (Jan–Jun): -0.08 SEK.

Outlook and guidance

• Several product demonstrations and meetings with potential large operators are planned for autumn 2025, expected to drive future sales.

• Focus remains on key markets: Sweden, USA, Canada, UK, and the marine sector, with international expansion supported by distributors.

• Participation in major trade fairs (Glee in Birmingham, HOST in Milan) to boost brand and sales pipeline.