Xer Tech (XER) Q1 2025 earnings summary

Executive summary

• Net result for Q1 2025 was -735 TSEK, an improvement from -915 TSEK in Q1 2024.

• Substantial discussions ongoing with potential investees; focus remains on quality investments.

• Gosol Energy Group AB remains the largest holding, with Train Alliance Sweden AB as the second largest.

Financial highlights

• Net sales for Q1 2025 reached 150 TSEK, up from 0 TSEK in Q1 2024.

• EBITDA for Q1 2025 was -160 TSEK, compared to -406 TSEK in Q1 2024.

• Cash and cash equivalents as of March 31, 2025, were 9.0 MSEK, up from 7.1 MSEK a year earlier.

• Equity as of March 31, 2025, was 26.2 MSEK.

• No long-term loans outstanding.

Outlook and guidance

• Management expects to present new acquisitions and continues to prioritize quality over quantity.

• Active search for new investments, with ongoing dialogues and cautious cash management.