Core Insights - The year 2025 has been characterized by stabilization and gradual improvement for Digitalist Group, with enhanced operational discipline and improved earnings despite cautious market conditions in the Nordics [3] Financial Performance - In Q4 2025, turnover was EUR 4.1 million, a decrease of 11.9% compared to Q4 2024, while the full year turnover reached EUR 16.5 million, reflecting a growth of 2.3% from EUR 16.2 million in 2024 [4][15] - EBITDA for the full year improved to EUR -1.0 million from EUR -1.5 million in 2024, and EBIT improved to EUR -1.6 million from EUR -2.0 million [4][20] - Net income for the year was EUR -4.6 million, an improvement from EUR -5.0 million in 2024, with earnings per share at EUR -1.67 compared to EUR -1.72 in the previous year [20] Operational Developments - The company has focused on building its applied AI offering, with the Stacken platform moving from pilot projects to broader client engagements, and has received ISO/IEC 42001 certification for its AI operations [6] - The headcount decreased to 118 employees at year-end, down from 122, reflecting a strategy to align capacity with demand while maintaining core competencies [7] Market Dynamics - Sweden remains the largest market for the company, with both Finnish and Swedish operations showing slight growth in EUR terms, although Finland outperformed in revenue growth despite challenging conditions [5] - The uncertain economic environment has led to longer decision cycles and constrained client budgets, impacting project initiation [16] Future Outlook - For 2026, the company anticipates improvements in turnover and EBITDA compared to 2025, with a focus on disciplined operations and the development of scalable AI-driven services [10][12]