Vidhance (VIDH) Q4 2025 earnings summary

Executive summary

• Revenue for Q4 2025 was SEK 4.1 million, down from SEK 8.8 million in Q4 2024, reflecting a challenging market and negative currency effects.

• EBITDA for Q4 2025 was SEK -5.4 million, compared to SEK -2.4 million in Q4 2024.

• Strategic restructuring included the formation of two new subsidiaries focused on consumer and defense sectors.

• The business remains primarily driven by the traditional consumer electronics segment, especially smartphones.

• No significant events were reported during the quarter; post-quarter, two subsidiaries were established.

Financial highlights

• Full-year 2025 revenue was SEK 18.0 million, down from SEK 33.0 million in 2024.

• EBITDA for the year was SEK -19.9 million, compared to SEK -12.8 million in 2024.

• Net loss after tax for 2025 was SEK -25.9 million, versus SEK -22.1 million in 2024.

• Cash flow after investments for 2025 was SEK -20.2 million, compared to SEK -12.9 million in 2024.

• Cash and cash equivalents at year-end were SEK 29.4 million, down from SEK 49.6 million.

Outlook and guidance

• Consumer Technologies segment expected to remain stable to slightly growing, excluding currency effects.

• Defense and Vision Systems segment shows positive development with several active business opportunities, though sales cycles are longer.

• Cost reductions and business prospects are expected to ensure sufficient liquidity for at least 12 months.