Zoomability (ZOOM) Q1 2025 earnings summary

Executive summary

• Q1 2025 net sales increased 96% year-over-year to 639 tSEK, with EBIT loss improving by 14% to -1,818 tSEK.

• New business model focuses on distribution and franchise, reducing capital needs and enabling faster growth.

• Launch of Zoom 2.0, with double battery capacity, expected in Q3 2025; JV in China leads development.

• Component shortages delayed deliveries in Q1, but resolution expected by early June.

• Stronger equity position after 87% option exercise, raising 2.57 MSEK before costs.

Financial highlights

• Net sales for Q1 2025: 639 tSEK (327 tSEK Q1 2024); EBIT: -1,818 tSEK (-2,164 tSEK Q1 2024); EPS: -0.09 SEK (-0.19 SEK Q1 2024).

• Result after financial items: -1,968 tSEK (-2,280 tSEK Q1 2024).

• Equity at March 31, 2025: 6,534 tSEK (5,094 tSEK March 31, 2024).

• Total assets: 10,475 tSEK (10,929 tSEK March 31, 2024).

• Depreciation and goodwill charges for Q1: 97 tSEK (289 tSEK Q1 2024).

Outlook and guidance

• Management expects significant growth potential, driven by the new business model and upcoming Zoom 2.0 launch.

• Full-scale deliveries of Zoom 2.0 anticipated from late Q3 2025; increased sales and marketing efforts planned.

• New distributor agreements in the UK and Sweden to support expansion.