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NX Filtration
NX Filtration (NXFIL) investor relations material
NX Filtration H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary9 Feb, 2026
Executive summary
Total revenues for 2025 reached €14.1 million, up 28% year-over-year, with a 45% increase in the second half of the year, aligning with medium-term growth objectives.
OEM partner funnel expanded to 180, with more partners advancing to later stages and securing new orders, supporting future growth.
Completed transition to a new factory, driving operational efficiencies, cost reductions, and a 75% CapEx decrease.
Maintained strong gross margin at 59.1%, reflecting robust technology positioning and product mix.
Cash position at year-end was €28.5 million, expected to fund future growth.
Financial highlights
Gross margin held at 59.1% in 2025, slightly down from 61.0% in 2024.
Normalized EBITDA loss improved to €13.8 million from €17.4 million in 2024.
Operating expenses decreased to €22.7 million from €24.5 million year-over-year.
CapEx for 2025 was €6.4 million, 75% lower than 2024, as major investments in the new factory were completed.
FTEs decreased to 158 from 169, reflecting efficiency gains.
Outlook and guidance
Medium-term objective reiterated: average annual revenue growth of 50%, sustained strong gross margins, and EBITDA break-even.
Further reductions in CapEx and optimization of working capital expected in 2026.
No need for additional equity issuance anticipated; current cash position considered adequate.
Focus remains on developing OEM relationships, commercializing product-market combinations, and aligning R&D with market opportunities.
Strategy to convert 115 OEMs from tech selection?
How to sustain cash with 50% growth to break-even?
Leverage unique UF/MF tech for market share?
Why confident in cash sufficiency for 50% growth?
Quantify repeat business contribution to revenue
What is 2026 OpEx outlook after efficiencies?
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Next NX Filtration earnings date
H1 202626 Aug, 2026
NX Filtration
Next NX Filtration earnings date
H1 202626 Aug, 2026
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Frequently asked questions
NX Filtration N.V. specializes in developing, manufacturing, and selling innovative hollow fiber membrane solutions for water treatment and other liquid treatments across the globe, including the Netherlands, the rest of Europe, North America, Asia, and internationally. The company's product lineup encompasses direct nanofiltration, ultrafiltration, and microfiltration membranes designed for a variety of applications such as industrial water treatment, drinking water production, and wastewater reuse. These technologies are notable for their energy efficiency and ability to remove contaminants like micropollutants, bacteria, viruses, and nano plastics without the need for pre-treatment and the use of chemicals. NX Filtration is headquartered in Enschede, The Netherlands and its shares are listed on the Euronext Amsterdam.
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