Rovsing (ROV) Q4 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 25/26 earnings summary
28 Sep, 2026Executive summary
Revenue for FY 2025/26 reached DKK 30.8 million, reflecting impacts from project completion efforts and customer delays, including a one-off DKK 0.9 million effect from Kourou closing activity.
EBITDA for FY 2025/26 was negative at DKK -3.5 million.
Order backlog at the end of FY 2025/26 stood at DKK 18.1 million, with a robust sales pipeline of DKK 151.5 million as of September 25, 2026.
The company is a key supplier in the European space sector, supporting major institutional, commercial, and military programs.
Financial highlights
Revenue for FY 2025/26: DKK 30.8 million.
EBITDA for FY 2025/26: DKK -3.5 million.
Order backlog at year-end: DKK 18.1 million.
Sales pipeline as of September 25, 2026: DKK 151.5 million.
One-off negative impact of DKK 0.9 million from Kourou closing activity.
Outlook and guidance
Revenue guidance for FY 2026/27 is DKK 27–34 million.
EBITDA guidance for FY 2026/27 is between DKK -4 million and DKK 0 million.
Revenue realization is backend loaded and sensitive to contract timing and execution.
Long-term revenue CAGR of 7–9% expected over the next five years, aligned with European space sector growth.
Latest events from Rovsing
- Q3 revenue and EBITDA improved; rights issue and ESA budget growth support future expansion.ROV
Q3 25/26 - Leveraging record ESA budgets, the firm raises DKK 10.4m to fund growth and expand its order backlog.ROV
Investor presentation - Revenue and EBITDA missed expectations, but backlog and tender activity remain strong.ROV
Q2 25/26 - Revenue and EBITDA declined in Q1, but strong backlog and sector growth support a positive outlook.ROV
Q1 25/26 - Stabilized revenue and EBITDA in 2024/25, with growth and acquisitions planned for 2025/26.ROV
Q4 24/25 - Q1 revenue rose 17.3% year-over-year, with strong order intake and positive outlook.ROV
Q1 24/25 - Q3 revenue and EBITDA declined, but a strong backlog and new contracts support a positive outlook.ROV
Q3 24/25 - H1 2024/25 saw lower earnings and revised guidance, but expansion plans remain on track.ROV
Q2 24/25