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Spinnova
Spinnova (SPINN) investor relations material
Spinnova H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary12 Feb, 2026
Executive summary
Technology development focused on cost efficiency, consortium building, and strategic realignment, with significant progress in partnerships.
Full ownership of Woodspin Oy and Suzano Finland Oy was acquired in October 2025, consolidating production assets and enabling strategic flexibility.
Management changes included a new CEO and organizational restructuring to align with the company's development stage.
Revenue for 2025 was EUR 344 thousand, down from EUR 762 thousand, mainly from technology services to the Respin joint venture.
Operating result for 2025 was EUR -41.3 million, impacted by impairment losses on Woodspin and demo facility leases.
Financial highlights
Revenue for 2025 was EUR 344 thousand, down from EUR 762 thousand in 2024.
Operating result (EBIT) for 2025 was EUR -41.3 million, compared to EUR -18.3 million in 2024.
Net loss for 2025 was EUR -40.7 million, compared to EUR -16.8 million in 2024.
Earnings per share (diluted and undiluted) was EUR -0.78, down from EUR -0.32 in 2024.
Net cash at year-end was EUR 18.2 million, down from EUR 40.9 million the previous year.
Outlook and guidance
No financial guidance will be provided for 2026.
Production at demo factories halted; resumption will depend on business rationale.
Focus remains on cost reduction, technology development, and scaling through partnerships.
Woodspin demo factory asset utilization plan?
Cash flow strategy given significant net cash drop?
Impact of MFC energy reduction on scaling?
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Next Spinnova earnings date
H1 202625 Aug, 2026
Spinnova
Next Spinnova earnings date
H1 202625 Aug, 2026
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Frequently asked questions
Spinnova Oyj is a Finnish company focused on producing sustainable textile fibers through innovative technology. The company has developed a unique method to create SPINNOVA fiber, which is derived from renewable raw materials such as wood, agricultural waste, and textile waste, all without the use of harmful chemicals. This mechanical process results in a 100% recyclable and biodegradable material, positioning Spinnova as an environmentally conscious player in the textile industry. The company is headquartered in Jyväskylä, Finland, and its shares are listed on the Nasdaq Helsinki.
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