Servana (SERV) Q4 2025 earnings summary

Executive summary

• Completed a strategic transformation toward digital services and AI-based software, highlighted by the reverse acquisition of Userdesk AB and acquisition of the AI platform Spell.

• Focused on building a scalable, product-driven business with recurring revenue models.

• Leadership transition with Robin Bäcklund appointed as interim CEO.

Financial highlights

• Net sales for Q4 2025 were SEK 38,375; full year 2025 net sales were SEK 48,165.

• EBITDA for Q4 2025 was SEK -231,712; result after financial items for the year was SEK -3,192,250.

• Total assets at year-end were SEK 1,702,580; equity ratio was 19.5%.

• Earnings per share for the year were SEK 0.00.

Outlook and guidance

• Entering 2026 with a clearer strategic direction, aiming for continued development of digital assets, selective value-creating acquisitions, and a focus on AI-driven products and services.

• No dividend proposed for the 2026 financial year.