Servana (SERV) Q2 2025 earnings summary

Executive summary

• Transition to digital services and AI-based software initiated, with a new CEO appointed in May 2025.

• Strategic focus on developing digital assets, pursuing acquisitions, and building recurring revenue streams.

• Acquisition of AI platform Spell completed in August, marking the start of an active acquisition strategy.

• Period results impacted by one-time costs from a reverse acquisition and divestment of previous operations.

Financial highlights

• Net sales for Q2 2025: SEK 3,674 (group), SEK 43,856 (parent), with limited comparability due to new group structure.

• EBITDA for Q2 2025: SEK -2,751,984 (group), SEK -2,530,226 (parent).

• Result after financial items for Q2 2025: SEK -2,768,787 (group), SEK -2,529,832 (parent).

• Equity ratio: 38.8% (group), 94.3% (parent) as of June 30, 2025.

• Earnings per share: SEK 0.00 for Q2 2025.

Outlook and guidance

• Focus for the coming year on developing existing assets and strategic acquisitions to strengthen the company.

• Market for digital solutions is rapidly evolving, offering opportunities for scalable service portfolios.

• Ambition to establish stable, recurring revenues and value creation in a growing segment.