My Beat (MYBEAT) Q4 24/25 earnings summary

Executive summary

• Revenue grew 103% year-over-year in Q4 2025, reaching 5.67 MSEK, with gross margin up 314% to 3.68 MSEK.

• Focused on integration, efficiency, and growth, with more than 100% total growth compared to the previous year.

• Achieved positive EBITDA in March 2025, ahead of previous targets.

• New CEO Olav Kalve appointed February 2025, bringing restructuring and IT/telecom experience.

Financial highlights

• Q4 2025 net sales: 5,670 KSEK; operating loss: -1,179 KSEK; net loss: -1,391 KSEK; EBITDA: -89 KSEK.

• Full year (May 2024–April 2025): net sales 20,176 KSEK; operating loss -7,023 KSEK; net loss -7,974 KSEK; EBITDA -3,543 KSEK.

• Cash flow from operations Q4: -4,910 KSEK; period-end cash: 411 KSEK.

• Parent company Q4 net sales: 2,983 KSEK; operating loss: -1,809 KSEK; net loss: -2,027 KSEK.

Outlook and guidance

• Targeting positive EBITDA in spring 2025 and positive cash flow in autumn 2025.

• Plans to launch new products and services in Q1 2025/2026 to accelerate growth and cash flow transition.