EatGood (EATG) Q4 2025 earnings summary

Executive summary

• 2025 marked by a hesitant restaurant market, longer decision cycles, and lower investment appetite, resulting in insufficient sales volume for stable profitability and cash flow.

• Increased business activity in Q4, especially in the marine segment and new international markets.

• New CEO appointed in March 2025; several new distribution agreements and international orders secured.

Financial highlights

• Net sales for Q4 2025: 688 TKR (down from 1,056 TKR in Q4 2024); full year 2025: 2,140 TKR (down from 3,706 TKR in 2024).

• Net result for Q4 2025: -1,285 TKR (Q4 2024: -191 TKR); full year 2025: -5,011 TKR (2024: -3,361 TKR).

• Operating result before depreciation for 2025: -4,759 TKR (2024: -3,218 TKR).

• Cash flow from operating activities for Q4 2025: 1,099 TKR; cash at year-end: 459 KKR.

Outlook and guidance

• Focus on strengthening cash flow and developing maturing customer processes.

• Continued active work to improve liquidity and achieve long-term stability and profitability.