Flowscape Technology (FLOWS) Q3 2025 earnings summary

Executive summary

• Achieved positive operating profit (EBIT) of 535 TSEK in Q3 2025, with ARR up 12% year-over-year to 36.9 MSEK.

• Net sales for Q3 were 10,735 TSEK, slightly below last year due to lower one-time revenues, but recurring license revenues increased.

• Cash position at period end was 8,238 TSEK, down from 10,720 TSEK at the start of the year, mainly due to delayed customer payments.

• Signed a significant contract with a major Swedish real estate company, adding 670 TSEK in ARR.

• Focus remains on growing recurring revenues, strengthening sales, and enhancing customer support.

Financial highlights

• Q3 net sales: 10,735 TSEK (11,135 TSEK last year); 9M net sales: 33,153 TSEK (31,946 TSEK last year).

• Q3 EBITDA: 2,595 TSEK (2,543 TSEK); 9M EBITDA: 7,085 TSEK (2,918 TSEK).

• Q3 profit after financial items: 535 TSEK (401 TSEK); 9M: 732 TSEK (-3,363 TSEK).

• Cash flow Q3: -162 TSEK (2,198 TSEK); 9M: -2,482 TSEK (-996 TSEK).

• Earnings per share Q3: 0.027 SEK (0.020 SEK); 9M: 0.037 SEK (-0.172 SEK).

Outlook and guidance

• Growing ARR base is expected to further stabilize and improve cash flow profile.

• Market outlook remains positive with a growing sales pipeline and increased focus on lead generation.

• Continued focus on increasing recurring revenues through customer and partner collaboration.