Softronic (SOF) Q1 2025 earnings summary

Executive summary

• Revenue increased to SEK 235.2 million from SEK 230.1 million year-over-year, with stable results but slightly lower margins.

• EBITDA was SEK 23.7 million, down from SEK 25.5 million; pre-tax profit was SEK 20.2 million, down from SEK 23.0 million.

• Net income after tax was SEK 15.9 million, compared to SEK 18.0 million; EPS was SEK 0.30 (SEK 0.34) per share.

• Cash flow from operations improved to SEK 27.8 million from SEK 15.7 million; liquidity at quarter-end was SEK 160 million.

• Acquisition of Innofactor MMS completed April 1, strengthening CRM and membership services position.

Financial highlights

• EBITDA margin was 10.1% (11.1%); operating margin 8.4% (9.6%); pre-tax margin 8.6% (10.0%).

• Return on equity was 28.1% (30.3%).

• Equity ratio at quarter-end was 64% (62%).

• Cash and unused credit totaled SEK 183 million.

• Proposed dividend of SEK 1.35 per share, totaling SEK 71 million.

Outlook and guidance

• The Innofactor MMS acquisition is expected to contribute marginally positive results for 2025.

• Ongoing investments in security and hybrid operations, with new data halls to be completed by year-end.

• Continued focus on cloud transformation and modernizing customer deliveries.