Interim report Q1 2025
In the first quarter 2025, Acconeer’s net sales amounted to 13 609 kSEK and the gross margin was 61%. The company sold approximately 300 000 radar sensors and 14 new customer products were launched.
CEO Ted Hansson comments: “Compared to the same period last year, our sales increased by 20% in the quarter. We saw 14 customer products launched, 11 of which are within our focus areas, which is very pleasing and a confirmation that our strategy is the right way forward.”
FIRST QUARTER
- Net sales for the first quarter amounted to kSEK 13,609 (11,298).
- The gross margin on sales of goods was 61 (56) %.
- Result after taxes amounted to kSEK -6,796 (-12,241).
- Earnings per share before and after dilution was SEK -0.11 (-0.45) SEK.
- The cash flow from operating activities was kSEK -6,661 (-12,218).
SIGNIFICANT EVENTS DURING THE FIRST QUARTER
- Acconeer signed a worldwide franchise deal with Future Electronics.
- The Board of Directors of Acconeer AB proposed a directed share issue of approximately SEK 25 million and a fully secured rights issue (compensation issue) of approximately SEK 25 million.
- Extra general meeting resolved on a directed share issue and a share issue with preferential rights for the company's existing shareholders.
- Acconeer announced that the directed share issue to Alps Alpine of approximately SEK 25 million was completed.
- Acconeer received order within Cargo Tracking worth USD 160 000.
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
- Outcome of oversubscribed fully secured rights issue (compensation issue) was announced.
- Acconeer received order within level measurement worth USD 125 000.
- Acconeer received order in level measurement worth USD 110 000.
The report is attached to this press release and available through Acconeer's website: https://www.acconeer.com/investor_page/home/financial-reports/.