Published: 8/27/2026 8:32:45 AM
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Energy technology company Suntrade Group more than doubled revenue and turned a profit in the second quarter, which became the first profitable quarter in the company’s history. Net sales rose to SEK 5.4 million (3.1), corresponding to an increase of 75.1 percent. The company points out that the comparative period is not fully comparable due to the transition from a broken financial year to a calendar year.Ebitda amounted to SEK 2.8 million (0.4), with an Ebitda margin of 52.5 percent (13.3).Operating profit amounted to SEK 2.5 million (0.0), with an operating margin of 45.4 percent (1.3).Net profit amounted to SEK 2.1 million (-0.1). Earnings per share amounted to SEK 0.0011 (-0.0001).CEO Daniel Hedström describes the quarter as a turning point built on completed transactions rather than forecasts. During the quarter, Suntrade contracted deals worth approximately SEK 6.8 million and commissioned its first company-owned battery facility in Marmaverken, which is expected to generate approximately SEK 2 million in recurring annual revenue.Ahead of the second half of the year, the company is prioritizing converting the project portfolio into revenue and cash flow, scaling up recurring revenue within service and maintenance, and advancing the AI platform to the testing phase and commercial operations.After the end of the period, financing of SEK 6 million was secured for Rosersberg. The projects in Grythyttan and Hulån have entered the implementation phase and are planned for completion during the fourth quarter.No specific financial guidance is provided.Key figures, SEK millionQ2 2026Mar-May 2025Year-over-year changeRevenue5.43.1+75.1%Ebitda2.80.4+592.7%Ebitda margin52.5%13.3%+39.2 percentage pointsEbit2.50.0+6 087.5%Operating margin45.4%1.3%+44.1 percentage pointsNet profit2.1-0.1-Earnings per share, SEK0.0011-0.0001-
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