Software company Vidhance reports lower revenue and a weaker EBITDA result in the second quarter compared with the same period a year earlier.
"We are seeing positive progress, but any single quarter should always be viewed with caution. We are not yet where we want to be, but the quarter shows that the work is starting to pay off, not least through the first contribution from Defence and Vision Systems. We operate in a volatile market, shaped by macroeconomic factors and business cycles that place high demands on resilience and focus," CEO Johan Bolin says.
Revenue fell to SEK 4.0m (SEK 5.3m). Revenue rose slightly compared with the previous quarter.
EBITDA came in at SEK -5.3m (SEK -4.0m).
Profit after net financial items totaled SEK -5.4m (SEK -5.7m) and net profit was SEK -5.4m (SEK -5.7m).
Earnings per share were SEK -1.19 (SEK -1.24). Operating expenses decreased to SEK 9.6m (SEK 12.2m). Cash flow after investing activities was SEK -6.3m (SEK -6.2m).
"The quarter is also weighed down by one-off costs, including administrative and legal expenses linked to supporting the customer that has been involved in a patent dispute in the US. As previously communicated, we have not had any other costs related to the dispute. In addition, we have implemented cost-saving measures that weigh on earnings in the short term but strengthen the cost structure and profitability going forward. We enter the third quarter with a significantly lower cost base than a year ago," the CEO says.
He adds: "overall, the quarter shows several encouraging signs, and we maintain a humble and realistic view of the road ahead".
| Vidhance, SEK m | Q2-2025 | Q2-2024 | Change |
| Revenue | 4,0 | 5,3 | -24,5% |
| EBITDA | -5,3 | -4,0 | -32,5% |
| Net profit | -5,4 | -5,7 | 5,3% |
| Earnings per share, SEK | -1,19 | -1,24 | 4,0% |
