Vidhance (VIDH) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 was SEK 5.3 million, down from SEK 9.2 million year-over-year.

• EBITDA for Q2 was SEK -4.0 million, compared to SEK -2.9 million last year.

• Net result after tax for Q2 was SEK -5.7 million, versus SEK -5.4 million year-over-year.

• CEO transition announced, with Johan Bolin taking over in August 2025.

• Dividend proposal for 2024 was withdrawn due to market uncertainty.

Financial highlights

• H1 2025 revenue was SEK 10.1 million, down from SEK 17.3 million year-over-year.

• H1 EBITDA was SEK -10.6 million, compared to SEK -6.3 million last year.

• H1 net result after tax was SEK -14.4 million, versus SEK -11.3 million year-over-year.

• Cash flow after investments for H1 was SEK -10.3 million, improved from SEK -13.4 million last year.

• Cash and cash equivalents at period end were SEK 39.3 million, down from SEK 49.1 million.

Outlook and guidance

• Financial targets for 2026 have been withdrawn due to market volatility and tariff uncertainties.

• Strategic focus shifting towards cost efficiency and accelerating new business segments, especially in Europe.