SAF Tehnika (SAF1R) Q4 24/25 earnings summary

Executive summary

• Net turnover for Q4 2024/2025 was EUR 5.18 million, down 13% year-over-year; full-year turnover was EUR 26.11 million, a 4% decline from the previous year.

• Q4 net loss was EUR 913 thousand, compared to a loss of EUR 498 thousand in Q4 2023/2024; full-year net loss was EUR 820 thousand, improved from a EUR 2.37 million loss the prior year.

• Sales in North and Latin America dropped 40% in Q4 and 14% for the year, while Europe saw a 24% Q4 increase and 17% annual growth.

• The Group sold products in 75 countries during Q4 and continues to invest in new product development and market expansion.

Financial highlights

• Q4 EBITDA was negative EUR 460 thousand (-9% margin), EBIT negative EUR 863 thousand (-17% margin), and net loss EUR 913 thousand (-18% margin).

• Full-year net sales were EUR 26.1 million, with EPS at EUR -0.28 (vs. EUR -0.80 prior year).

• Cash flow for the year was positive at EUR 2.6 million; cash balance at period end was EUR 4.8 million.

• Total assets at year-end were EUR 25.9 million; owners' equity stood at EUR 15.6 million.

Outlook and guidance

• The company aims to stabilize turnover and achieve a positive net result long-term but refrains from providing specific forecasts.

• Ongoing monitoring of global trade, tariffs, and supply chain risks; continued investment in product innovation and diversification.