Holdflight (HOLDFL) Q1 2025 earnings summary

Executive summary

• Transitioned from planning to execution of new strategy focused on software transformation, AI, scalable tech, and international growth.

• Signed agreement to acquire 100% of FunnelBud Marketing AB for SEK 5 million, pending NGM Nordic SME approval.

• Emphasis on acquiring and modernizing software companies with loyal customer bases.

Financial highlights

• Net revenue for Q1 2025 was SEK 0.7 million, up from SEK 0.1 million in Q1 2024.

• Operating result for Q1 2025 was SEK -0.5 million, compared to SEK 0.0 million in Q1 2024.

• Net income for Q1 2025 was SEK -0.4 million, down from SEK 0.0 million in Q1 2024.

• EPS for Q1 2025 was SEK -0.04, compared to SEK 0.00 in Q1 2024.

• Cash and bank balances at period end were SEK 1.9 million, up from SEK 0.9 million a year earlier.

Outlook and guidance

• Focus remains on product sales, continued technical development, and maximizing shareholder value.

• Company is positioned for continued growth with a strengthened team and clear strategy.