Sustainable Energy Solutions Sweden (SENS) Q2 2025 earnings summary

Executive summary

• Transitioned to a pure-play project developer in large-scale energy storage and production, focusing on solar (PV), battery storage (BESS), and underground pumped hydro storage (UPHS).

• Project portfolio valued at over SEK 300 million, with significant interest from international energy companies.

• Strategic priority is to sell projects to stabilize finances and realize portfolio value.

Financial highlights

• Net sales for Q2 2025 were SEK 39k, down from SEK 15.9m year-over-year.

• EBIT for Q2 2025 was SEK 1.85m, up from SEK -5.47m year-over-year.

• EBITDA for Q2 2025 was SEK 2.17m, down from SEK 7.64m year-over-year.

• Net result for Q2 2025 was SEK -1.54m, compared to SEK 14.68m year-over-year.

• Cash flow from operations for Q2 2025 was SEK 534k, down from SEK 9.65m year-over-year.

• Equity at June 30, 2025, was SEK -23.1m, compared to SEK 11.5m a year earlier.

Outlook and guidance

• Focus remains on driving project sales to improve profitability and liquidity.

• Continued transformation into an international developer of large-scale infrastructure projects, with longer lead times expected before project realization.