ScandiDos (SDOS) Q1 2025 earnings summary

Executive summary

• Net sales increased by 8% to SEK 12.6 million in Q1 2024/25 compared to Q1 last year, with broad regional contributions and both system and service sales driving growth.

• Cost-saving measures led to a positive EBITDA of SEK 0.2 million, a significant improvement from SEK -4.9 million in Q1 last year.

• Net result improved to SEK -0.6 million from SEK -5.6 million year-over-year, reflecting higher sales and reduced costs.

• Successful registration of a new share issue in May 2024 strengthened liquidity.

Financial highlights

• Net sales: SEK 12.6 million, up 8% year-over-year.

• Gross margin: 77%, up from 70% in Q1 last year, driven by favorable product mix and price increases.

• EBITDA: SEK 0.2 million (1% margin), up from SEK -4.9 million (-42% margin) year-over-year.

• Net result: SEK -0.6 million, improved from SEK -5.6 million year-over-year.

• Earnings per share: SEK -0.01, up from SEK -0.12 year-over-year.

Outlook and guidance

• Focus remains on sustainable profitability, leveraging technical leadership in 3D measurement and strategic partnerships.

• Plans to repay pandemic-related loans and further develop the core measurement business.

• Management expects continued positive effects from cost-saving initiatives and organizational changes.