AKVA group ASA: Q4 2025 financial reporting

Core Insights - AKVA Group reported a strong quarterly revenue of NOK 1,113 million in Q4 2025, marking a 41% increase from NOK 792 million in Q4 2024 [1][3] - The company achieved a record high revenue in the Land Based segment of NOK 422 million, up 94% from NOK 217 million in Q4 2024 [1][5] - Total order intake for Q4 2025 was NOK 1,250 million, with a significant contribution from the Sea Based segment, which secured NOK 952 million in orders [1][4] Financial Performance - EBITDA for Q4 2025 increased to NOK 103 million from NOK 76 million in Q4 2024, reflecting improved profitability [2][3] - The EBITDA margin for the Sea Based segment was 8.2%, slightly down from 8.8% in the previous year, while the EBIT margin improved to 1.7% from 1.4% [3] - The Land Based segment's EBITDA rose to NOK 37 million from NOK 21 million, with an EBITDA margin of 8.8% [5] Order Backlog and Intake - The order backlog at the end of Q4 2025 was NOK 2,539 million, down from NOK 2,658 million a year earlier [11] - Order intake in the Digital segment was NOK 221 million, significantly higher than NOK 114 million in Q4 2024 [6] - The company reported a total order backlog of NOK 1,273 million in the Land Based segment, accounting for 50% of the total backlog [11] Regional Performance - Revenue in the Nordic region increased to NOK 409 million from NOK 344 million in Q4 2024 [4] - The Americas region saw revenue growth to NOK 169 million from NOK 146 million year-over-year [4] - Europe and the Middle East reported revenue of NOK 75 million, up from NOK 52 million in the same quarter last year [5] Cash Flow and Dividends - The company generated robust cash flow in Q4 2025, supported by a NOK 153 million net working capital release [2] - A dividend of NOK 1 per share was declared for the first half of 2026, following a similar dividend payment for the second half of 2025 [10] Future Outlook - AKVA Group anticipates continued strong momentum in deep farming concepts and plans to invest in improving solutions across all segments [12] - The company aims for a minimum revenue of NOK 5 billion and an EBIT margin of 9% by 2027 [12] Company Overview - AKVA Group is a technology and service partner to the aquaculture industry, employing 1,501 people and operating in 11 countries [13] - The company reported a total turnover of NOK 4.4 billion in 2025 and is recognized as a pioneer in the aquaculture technology sector [13]