Impact Coatings Ab · OMXSTO:IMPC
Impact Coatings Ab — Q2 2025 Earnings Presentation
18 slides from Impact Coatings Ab's earnings presentation, Aug 22, 2025
Slide 1: Interim Report April-June 2025
IM ACT COATINGS & LE = ~ ~ Impact Coatings AB (publ) Interim Report April-June 2025 =... 2025 2024 2025 2024 2024 SEK million Q2 Q2 Jan-Jun Jan-Jun Jan-Dec Net sales 6.5 31.7 16.0 35.7 109.9 Net sales, excluding metals for electrolysis 6.5 31.7 16.0 35.7 109.6 Total revenue 14.7 24.7 34.4 32.2 102.4
Slide 2: CEO's Commentary
CEO’s Commentary IMPACT COATINGS Commercial Progress and Reduced Costs to Meet a Cautious Market The second quarter was characterized by commercial achievements, but also by continued uncertainty globally and postponed investment decisions by our customers. That the quarter did not contain any syste
Slide 3: CEO's Commentary
transition to a generic precious metals inventory — have had a positive effect, a strained liquidity situation remains. The low business activity during the quarter underlines the need for continued financial discipline. Against this backdrop, we implemented a cost-cutting program during the quarter
Slide 4: Outlook
IMPACT COATINGS focused and concrete. The demands on technical reliability, business logic and delivery capacity are increasing. This benefits players with a strong offering, industrial presence and technological leadership, and Impact Coatings is well positioned there. Outlook During the first half
Slide 5: Financial Result
Financial Result IMPACT COATINGS SECOND QUARTER 2025 Group net sales for the quarter amounted to SEK 6.5 million (31.7), including revenues from Coating Services of SEK 4.4 million (2.8) and aftermarket sales of SEK 2.1 million (3.2). No coating system revenue was recognized during the period (25.7)
Slide 6: Financial Result
explained by capitalized work for own account of SEK 2.9 million (6.1) and changes in work in progress, amounting to SEK 14.9 million (-10.1). Operating costs excluding raw materials and supplies amounted to SEK -46.5 million (-43.4) with higher facility leasing costs as well as higher personnel cos
Slide 7: Business Highlights During the Second Quarter
IMPACT COATINGS Business Highlights During the Second Quarter In a press release on April 24, the company announced that it had received a Letter of Intent from FTXT Energy Technology Co., Ltd, regarding the customer's intention to continue purchasing coating services for bipolar plates for fuel cel
Slide 8: Other Information
IMPACT COATINGS Other Information AUDIT AND ACCOUNTING POLICIES The report has been prepared in accordance with the Annual Accounts Act and with the application of the Swedish Accounting Standards Board's general advice BFNAR 2012: 1 Annual Report and consolidated accounts (K3). This interim report
Slide 9: Consolidated Income Statement - Impact Coatings Group
IMPACT COATINGS Consolidated Income Statement - Impact Coatings Group (All amounts in SEK million) Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jan-Dec 2025 2024 2025 2024 2024 Net sales 6.5 31.7 16.0 35.7 109.9 Capitalized work for own account 1.0 5.7 2.9 6.1 10.7 Change of work in progress 6.8 -12.9 14.9 -10.1
Slide 10: Consolidated Balance Sheet - Impact Coatings Group
IMPACT COATINGS Consolidated Balance Sheet - Impact Coatings Group (All amouts in SEK million) 2025-06-30 2024-06-30 2024-12-31 Assets Long term assets Intangible assets 6.5 2.0 4.2 Machines and technical equipment 53.9 41.1 43.4 Assets under construction 0.4 18.4 18.1 Deferred tax assets 0.5 0.5 Lo
Slide 11: Consolidated Statement of Cash Flows - Impact Coatings Group
IMPACT COATINGS Consolidated Statement of Cash Flows - Impact Coatings Group (All amounts in SEK million) Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jan-Dec 2025 2024 2025 2024 2024 Operating profit after depreciation -15.8 -4.6 -30.1 -20.5 -31.3 Financial items (net) 0.0 0.8 0.0 0.8 1.2 Adjustments for non ca
Slide 12: Income Statement - Parent Company
IMPACT Income Statement - Parent Company (All amounts in SEK million) Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jan-Dec 2025 2024 2025 2024 2024 Net sales 6.8 32.2 14.9 35.4 112.8 Capitalized work for own account 0.5 6.2 27 6.2 10.7 Change of work in progress 6.0 -13.0 15.0 -10.2 -17.6 Other operating income
Slide 13: Balance Sheet - Parent Company
IMPACT COATINGS Balance Sheet - Parent Company (All amouts in SEK million) 2025-06-30 2024-06-30 2024-12-31 Assets Long term assets Intangible assets §.9 1.2 3.5 Machines and technical equipment 30.9 24.2 23.5 Assets under construction 0.0 6.2 0.9 Financial assets Shares in subsidiary 41.6 32.2 A1.6
Slide 14: Summary of Financial Development
IMPACT COATINGS Summary of Financial Development The financial development of Impact Coatings AB (publ) for the full years 2021-2024 and the group’s consolidated financial development for the period January-June 2025 are summarized below. All figures related to the operating years 2021-2024 are base
Slide 15: Definition of terms
IMPACT COATINGS Definition of terms: Operating margin Operating profit after financial items divided by revenue Shareholder equity Sum total of shareholder equity, restricted reserves and non-restricted equity Return on assets Operating profit before interest divided by average capital employed Retu
Slide 16: Impact Coatings in Brief
Impact Coatings in Brief IMPACT COATINGS At the Forefront Globally in PVD Coating for Hydrogen and Metallization on Plastic With almost three decades of experience in general PVD technology for thin film coating, and many years of strategic focus, Impact Coatings is today at the forefront globally i
Slide 17: Renewable Energy Electrolysis Transportation Hydrogen Storage
IMPACT COATINGS ine A M4 i RENEWABLE ENERGY ELECTROLYSIS TRANSPORTATION HYDROGEN STORAGE ti RESIDENCES Production and distribution of green hydrogen and examples of uses for hydrogen. Coating Service Centers can act as a second source for future volume peaks. Through Coating Services, the company's
Slide 18: Hydrogen Market and Customers
metals are required for electrolysis plates to achieve the expected high performance and lifetime. Much of Impact Coatings’ machine technology and fuel cell application know-how can be applied to PEM electrolyzers, which has given the company a technology and market edge for the new application. Thi