Betolar Oyj · OMXHEX:BETOLAR
Betolar Oyj — H1 2025 Earnings Presentation
18 slides from Betolar Oyj's earnings presentation, Jul 18, 2025
Slide 1: Transforming the World of Mining & Metals
BETOLAR Transforming The World of Mining & Metals is
Slide 2: Commercialization of metal extraction started
Commercialization of metal extraction started Betolar H1/2025 Financial Report Helsinki, July 18, 2025 Betolar H1/2025 Financial Report
Slide 3: Disclaimer
3 Disclaimer Certain statements in this presentation may constitute forward-looking statements. These statements relate to future events or Betolar’s future financial performance that involve known and unknown risks, uncertainties and other factors that may cause Betolar’s or its businesses’ actual
Slide 4: Agenda
4 Agenda 1. Q2 in brief 2. Financial performance 3. Q&A Tuija Kalpala Mikko Wirkkala President & CEO CFO Betolar H1/2025 Financial Report
Slide 5: Main events & after the period
5 Main events & after the period 01 02 03 04 05 Metal extraction High performing New customer: New customer: Management innovation green cement Canadian Royalties Anglo American team grows 99% yield verified by Low-carbon green New market opening. First order for Betolar’s Jyri Talja was external, t
Slide 6: Highlights
6 Highlights Market There is sustained strong market interest in low-carbon and waste-free solutions within the mining sector, with particularly high demand for tailings management solutions. However, the construction market continues to show limited momentum. Sales Sales in Q2 2025 increased year-o
Slide 7: Mining & Metals
7 • Several new customers for Mining & cementless rockfill and paste backfill solutions in Finland, Canada, and Australia Metals • First order for metal extraction and green cement production • Customer pilots for low-carbon (CEM III) and cement-free shotcrete, and cementless rockfill Betolar Q1/202
Slide 8: Industrial Sidestreams
8 • Continued building of Industrial sidestreams business and built international logistics capabilities Sidestreams • GGBFS sales grew in India, supported by strong customer and partner base • Sideprime analysis service continued Betolar H1/2025 Financial Report
Slide 9: Construction
9 Construction • Launched new Optimize service and received first order from Nordic company for concrete mix optimization • Targeting cement use reduction and delivering cost savings to customers • Project order from Canada for Geoprime paving stone production Betolar H1/2025 Financial Report
Slide 10: Focus on developing solution for customers and securing access to raw materials
10 Next steps for metal extraction Focus on developing solution for customers and securing access to raw materials Raw Materials Technology Customers There is vast potential of Large scale pilot tests have We are engaged in ongoing unutilized ferrous slags and been conducted at the 3rd discussions w
Slide 11: Metal Extraction Technology to Support Anglo American
11 Case Anglo American Metal Extraction Technology to Support Anglo American Betolar is partnering with global mining leader Anglo American at the Sakatti multimetallic project in Sodankylä, Finland. The collaboration supports Anglo American’s goal of a low-waste mine through circular economy soluti
Slide 12: Financial review
12 Financial review Mikko Wirkkala CFO Betolar H1/2025 Financial Report
Slide 13: Q2 Financial highlights
13 Q2 Financial highlights Net sales EBITDA Order intake +22% +34% 430 k€ From Q2/24 From Q2/24 Betolar Q1/2025 Business Review Betolar H1/2025 Financial Report
Slide 14: Financial indicators
14 Financial indicators 4-6/2025 4-6/2024 1-6/2025 1-6/2024 2024 (EUR thousand, unless otherwise specified) Net sales 253 208 417 276 762 Gross Margin 307 217 564 EBITDA -1,116 -1,691 -2,123 -3,649 -5,816 Operating profit (loss) -3,123 -4,664 -7,964 Earnings before interest and tax -3,072 -4,569 -7,
Slide 15: Financial position and outlook
15 Financial position and outlook • Cash Balance €8.7 million at the end of the period • €2.1 million remaining of Business Finland’s grant and other grants • Liquidity and undrawn grants amount to €10.9 million, combining cash and outstanding grants Guidance for year 2025 unchanged • Net sales for
Slide 16: Q&A
Q&A Betolar H1/2025 Financial Report
Slide 17: Thank you for your interest!
Thank you for your interest! Next events à 28 October: Q3 Business Review Betolar H1/2025 Financial Report
Slide 18: Transforming the World of Mining & Metals
BETOLAR Transforming The World of Mining & Metals is