Sound Dimension (SOUND) Q4 2025 earnings summary

Executive summary

• Provided an investor update, including Q&A, focusing on business development, technology adoption, and commercial scalability in the streaming sector.

• Entered 2026 with strong momentum, focusing on customer acquisition and technical evaluation agreements with a global music streaming provider to integrate proprietary AiFi technology.

• Strengthened financial position through directed share issues, set-off issues, and rights issues, restoring equity and liquidity.

• Leadership transition occurred after the sudden passing of the chairman; responsibilities assumed by another board member.

• Highlighted the strategy to engage both large and small partners, noting the trade-off between speed and contract value.

Significant events and developments

• Ongoing negotiations and technical evaluation agreements with major streaming service providers, with progress slower than hoped but consistent with industry norms.

• Signed technical evaluation agreement with a global music streaming service.

• Considering launching a proprietary app leveraging audio APIs from a major streaming service to demonstrate technology and attract end users.

• Demonstrated ability to sync with various speaker systems, including Bluetooth and Sonos, via demos on the company website.

• Appointed a new Head of Growth with experience in scaling streaming and media businesses.

Financial highlights

• Net sales for Q4 2025 were SEK 521,032, down from SEK 667,417 in Q4 2024; full-year net sales were SEK 653,016, down from SEK 798,508.

• Operating loss for Q4 2025 was SEK -2,335,855 (Q4 2024: -1,305,859); full-year operating loss was SEK -9,703,944 (2024: -7,555,319).

• Net loss for the year was SEK -10,882,305, compared to SEK -7,890,069 in 2024.

• Equity at year-end was SEK 5,588,054, a significant improvement from SEK -1,335,235 at the end of 2024.

• Cash and cash equivalents at year-end were SEK 2,544,241 (2024: SEK 1,891,108).