Sustainion (SUSG) Q4 2024 earnings summary

Executive summary

• Acquired Skårebo Energi AB, doubling annual revenue and profit, and strengthening position in the electric vehicle charging market.

• Achieved record year in revenue and results, with several subsidiaries showing strong order books for 2025.

• Completed a fully guaranteed rights issue, raising approximately 14.9 MSEK to finance acquisitions.

Financial highlights

• Net sales for Q4 2024: 70,775 TSEK (up 25.5% year-over-year); full year: 189,056 TSEK (up 10.9%).

• Q4 EBITDA: 5,658 TSEK (margin 8.0%); full year EBITDA: 23,251 TSEK (margin 12.3%).

• Q4 EBIT: 1,817 TSEK (margin 2.6%); full year EBIT: 7,778 TSEK (margin 4.1%).

• Q4 net income: 663 TSEK; full year net income: 3,458 TSEK.

• EPS for Q4: 0.00 SEK; full year: 0.02 SEK.

Outlook and guidance

• No formal forecasts provided; management expects positive impact from Skårebo acquisition and strong order books in several subsidiaries for 2025.

• Focus on continued growth in the electric vehicle charging market and evaluation of further acquisition opportunities.