Martela Corporation’s Interim Report 1 January

Core Insights - Martela Corporation reported improved revenue for Q1 2025 compared to Q1 2024, but the operating result remained a loss [1][4][10] - The company anticipates revenue growth for the full year 2025 and aims for an operating profit close to zero [3][4] Financial Performance - Revenue for Q1 2025 was EUR 25.6 million, a 26.6% increase from EUR 20.2 million in Q1 2024 [4][10] - The operating result was a loss of EUR 1.6 million, an improvement from a loss of EUR 2.2 million in the same period last year, reflecting a 29.6% reduction in losses [4][10] - The result before taxes improved to a loss of EUR 2.1 million from a loss of EUR 2.5 million, a 17.9% improvement [4][10] - Earnings per share improved to EUR -0.45 from EUR -0.60, a 24.43% reduction in losses [4][10] Market Demand and Orders - Customer demand strengthened in Q1 2025, with total new orders increasing by approximately 12% compared to Q1 2024 [7] - The order backlog at the end of Q1 2025 was approximately 30% higher than the same time last year [7] Strategic Focus and Outlook - The company is focusing on improving profitability and cash flow, with measures already implemented to enhance efficiency [12] - Martela plans to continue investing in customer engagement and developing service channels, while maintaining a circular economy service model [13] - The overall market situation is showing signs of gradual strengthening, with expectations for slight demand increases due to evolving work methods [14]