Holdflight (HOLDFL) Q4 2024 earnings summary

Executive summary

• Completed strategic transformation, including a name change to Holdflight AB and a shift to transforming software companies via AI, cloud migration, and SaaS models.

• Acquired FunnelBud Marketing AB (pending due diligence and NGM approval) to strengthen digital marketing and automation capabilities.

• Divested FastOut AB, resulting in a strong cash position and focus on core software transformation business.

Financial highlights

• Q4 2024 net sales: 0.0 MSEK (0.1), total income: 0.0 MSEK (0.1), operating result: -3.6 MSEK (-0.1), net result: 11.4 MSEK (0.0), EPS: 0.14 SEK (0.00).

• Full year 2024 net sales: 0.3 MSEK (0.4), total income: 0.3 MSEK (0.4), operating result: -7.2 MSEK (0.0), net result: 8.0 MSEK (0.0), EPS: 0.14 SEK (0.1).

• Net result for Q4 and full year driven by one-time gain from FastOut AB divestment.

• Cash and bank at year-end: 5.1 MSEK (1.0), equity: 13.4 MSEK (5.5).

Outlook and guidance

• Actively seeking further acquisitions and developing the technical platform to drive growth and shareholder value.

• No dividend proposed for 2024; future dividends are an ambition.