JonDeTech Sensors (JDT) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 decreased 31% year-over-year to 1,345 TKR, with net sales of 5 TKR mainly from JIRS30 sensor sales to customer projects.

• EBITDA for Q2 2025 was -4,488 TKR, a 78% decline compared to Q2 2024; EBIT was -8,098 TKR, down 41% year-over-year.

• Cost base reduced by 27% in H1 2025 versus H1 2024, reflecting ongoing cost-saving initiatives.

• Order backlog increased 52% year-over-year to 3,256 TKR at the end of June 2025.

• Company is transitioning from R&D to commercialization, with new product launches and expanded global distribution.

Financial highlights

• Net sales for Q2 2025 were 5 TKR, up from 0 TKR in Q2 2024, driven by initial JIRS30 deliveries.

• Total operating income for Q2 2025 was 1,345 TKR, down from 1,960 TKR year-over-year.

• EBITDA for Q2 2025 was -4,488 TKR (Q2 2024: -2,528 TKR); EBIT was -8,098 TKR (Q2 2024: -5,741 TKR).

• Net result for Q2 2025 was -8,173 TKR, with EPS of -0.31 SEK (Q2 2024: -0.34 SEK).

• Cash flow from operations improved 5% year-over-year to -4,257 TKR in Q2 2025.

Outlook and guidance

• Focus on scaling sales activities in key markets (India, South Korea, Japan) and deepening strategic partnerships.

• Full launch of JIRS30D and JIRS45D planned for late summer 2025.

• Cost discipline and further cash flow improvements expected as commercialization progresses.

• Anticipates design wins and volume agreements in H2 2025.