JLT Mobile Computers AB (publ) publishes 2025 Year-end report

Core Viewpoint - JLT Mobile Computers reported a year of growth in order intake and sales despite challenges in the warehousing and logistics market, with a focus on cost reduction and diversification into other segments to improve performance [2][3][12]. Financial Performance - Order intake for the full year 2025 reached SEK 141.6 million, a 37% increase from SEK 103.0 million in 2024, while net sales grew to SEK 131.5 million, an 11% increase from SEK 118.4 million [1]. - Operating profit improved to SEK -1.9 million from -9.7 million the previous year, and profit after taxes was -2.5 million compared to -7.7 million in 2024 [1][5]. - Cash flow for the year was SEK 3.7 million, down from SEK 6.8 million in 2024 [1]. Market Dynamics - Demand in the warehousing and logistics segment remained low due to geopolitical uncertainties, prompting the company to explore opportunities in ports and construction machinery [3][12]. - The US dollar's depreciation against the Swedish krona negatively impacted earnings, leading to a gross margin decline of 8 percentage points to 38% [5]. Cost Management - The company implemented cost reduction measures, consolidating software development and discontinuing operations of JLT Software Solutions AB, resulting in a decrease in operating expenses to SEK 52 million [4]. - Inventory levels decreased to SEK 25.5 million, down SEK 13 million from the previous year, as the company focused on reducing excess stock [7]. Strategic Developments - Key events included a record-high order intake in the first quarter, the introduction of a new fixed-mount computer in the second quarter, and the launch of an AI-based safety solution in the third quarter [8][9][10]. - The company validated its computers for port operations and signed a partnership with MākuSafe in the fourth quarter, enhancing its position in the port segment [11]. Future Outlook - The company aims to leverage its strong market position in rugged vehicle computers and anticipates growth as market conditions improve in 2026 [12].