Smart Eye Ab · OMXSTO:SEYE
Smart Eye Ab — Q3 2025 Earnings Presentation
12 slides from Smart Eye Ab's earnings presentation, Nov 13, 2025
Slide 1: Smart Eye Third Quarter 2025
NOVEMBER 14, 2025 Smart Eye Third Quarter 2025 Martin Krantz, CEO Mats Benjaminsson, CFO
Slide 2: Summary Q3
Summary Q3 Improved growth Net Sales 99M, Organic Growth Improved EBITDA +29 MSEK and profitability 33% +11,5 MSEK Automotive Organic Growth Behavioral Research Organic Growth FX headwind 61% 18% Car Models Reached Production OEMs reached production Automotive Licenses 105 (90) 15 (12) <200% Savings
Slide 3: Clear Market Leader with 366 Design Wins
Clear Market Leader with 366 Design Wins • Automotive design wins SEK 8.7 Whereof 10 with Interior Sensing bn estimated order value 366 • Upsell potential SEK 5.6 bn • 23 OEMs • 15 OEMs has entered production • 105 design wins have entered production since 2018 • 70-80 design wins expected to reach
Slide 4: Smart Eye and the Global DMS Market
Smart Eye and the Global DMS Market 23 OEMs | 366 DMS Design Wins | 10 Interior Sensing Design Wins | 105 Design Wins Entered Production North America Europe Asia 3 OEMs | 126 Design Wins 13 OEMs | 145 Design Wins 7 OEMs | 95 Design Wins Entered production Entered production Entered production 1 O
Slide 5: Automotive
Automotive Car models entered production Q3 2025: +15 • Three more OEM’s in Europe entered the production • Many new design wins from European OEM’s entered the production • Asian OEM’s put more design wins into production • US OEM continue to ramp-up production volumes on existing design wins
Slide 6: DMS Market Development
• TAM Global 2024 amounts to 91 million vehicles DMS Market • TAM Europe 15 million vehicles 2024 (16%) • GSR drives market growth EU, 100% take rate 2027 Development • EU + RoW estimated to be 30% in 2027 (16% EU + 14% RoW) DMS deliveries and take rate 2022-2028 • Smart Eye’s market share 2027 expe
Slide 7: Financial Summary
Financial • Net Sales 99.1 (79.1), growth +25% Y/Y, excluding FX +33% • R12 Net Sales 381.5 (346.1), growth +10% Y/Y, excl. FX +14% Summary • Gross Profit 86.4 (70,5) +15.9 MSEK Y/Y • Gross Margin 87.1% (89.1%) • 2023 2024 2025
Slide 8: Automotive
Automotive Growth +50% Y/Y Organic Growth +61% Y/Y - whereof FX effect amounts to -1.8 MSEK - whereof NRE adjustment last year -1.2 MSEK Growth Rolling 12 months +28% Y/Y, excl. FX +32% License revenue continues to increase driven by new and existing car models ramping up in production volumes Licen
Slide 9: Behavioral Research
Behavioral Research Growth +8% Y/Y Organic Growth +18% Y/Y Exchange rate effect amounts to -4.6 MSEK Growth Rolling 12 months +/-0% Y/Y, excl. FX +4% • iMotions sales of the multimodal software platform continue with a strong performance in the quarter • Research Instrument and Media Analytics, excl
Slide 10: Profitability
Profitability • EBITDA 11.5 (-17.4) MSEK, +28.9 • Improved profitability driven by higher gross profit +16 MSEK and less OPEX +13 MSEK. • OPEX -75 (-88) MSEK • EBIT -29.9 (-61.5) MSEK, +31.6 • Strong improvement, depreciation decline • EBT -34.5 (-62.6) MSEK, +28.1 • impacted by higher financial exp
Slide 11: Balance Sheet KPI's
Balance sheet KPI's Q3 2025 • Total debt amounts to -150 MSEK Available • Total Available cash 106.7 MSEK Opening Closing Amount in MSEK cash ending Balance Balance • Additional credit facility +50 MSEK balance Cash ending balance 11,8 24,7 24,7 Bank overdraft facility 0,0 0,0 31,8 Credit facility d
Slide 12: Improving road safety to save lives around the world
Improving road safety to save lives around the world and redefining the mobility experience to enhance comfort, wellness and entertainment smarteye.ai