Slide 1: Q3 2025
Q3 2025 2025-10-30 © CTEK AB
Slide 2: Today’s presenters
Today’s presenters HENRIK FAGRENIUS THOM MATHISEN CEO CFO © CTEK AB
Slide 3: A proud heritage that drives our future
A proud heritage that drives our future The CTEK story starts over 25 years ago in Vikmanshyttan, a small village in Dalarna in Sweden. This is where our founder – Swedish inventor Bengt Wahlqvist – created the first ever battery charger to use electronic pulse technology. © CTEK AB
Slide 4: Our locations
Our locations IN SWEDEN AND BEYOND Three highly integrated Centres of Excellence - R&D, Maintenance, Manufacturing, and Quality Assurance - form the backbone of CTEK’s technology leadership. Collaboration across these centres ensures innovation, consistency, and quality at a global scale. Alongside
Slide 5: Exploring CTEK's two cutting-edge technologies and subsegments
Exploring CTEK's two cutting-edge technologies and subsegments Low Voltage EVSE CONSUMER CLIENT BRAND DESTINATION CHARGERS CLIENT BRAND Chargers: Battery conditioning, maintenance High quality branded customized solutions Installed at public destinations, offices etc. Custom-branded EV chargers buil
Slide 6: Go to market strategy
Go to market strategy GLOBAL REACH WITH ALMOST 30 YEARS IN THE MARKET Example target customers Channel examples Target markets Enthusiasts Consumer Conscious consumers division Workshops Example target customers Channel examples Target markets Vehicle manufacturers Professional Charge Point Operator
Slide 7: Chosen by the best
Chosen by the best Over 50 of the world’s biggest and most prestigious vehicle manufacturers – including Lamborghini, Ferrari, General Motors and Porsche – have chosen CTEK to supply branded chargers for their own customers. © CTEK AB
Slide 8: WHO USES OUR PRODUCTS?
WHO USES OUR PRODUCTS? “We operate in the premium segment, delivering high-quality, reliable products that our customers trust. Our focus is on durability, performance, and innovation — ensuring true long-term value for every end user.” © CTEK AB
Slide 9: Steps to reach the financial targets
Steps to reach the financial targets 2000 SEKm >1,000 SEKm Premium Power Chargers Solutions sales >100 SEKm Phase 2 LTM sales of >50 SEKm premium generated boosters Power from German Solutions and UK EVSE Launch of new phase 1 sales products and New strategy product launched category Profitability (
Slide 10: Q3 2025
Q3 2025 © CTEK AB
Slide 11: CTEK Q3 2025 Financial overview
CTEK Q3 2025 FINANCIAL OVERVIEW 212 (222) 59.1 (56.4) 32 (30) MSEK PERCENT MSEK NET SALES GROSS MARGIN ADJUSTED EBITA 25 (20) -19 (-3) 2.0x (2.0x) MSEK MSEK EBIT CASH FLOW FROM OPERATING NET DEBT RATIO ACTIVITIES © CTEK AB
Slide 12: Q3 2025 Key Take Aways
Q3 2025 KEY TAKE AWAYS 300 20% Sustained Growth in Low Voltage 250 15% The Low Voltage segment experienced another quarter of growth, fueled by robust 200 sales to Amazon through the Consumer division. This is partly explained by a change in 150 10% Amazon's purchasing pattern, which is expected to
Slide 13: Q3 Financials
Q3 Financials © CTEK AB
Slide 14: Consumer Division
Consumer Division CONTINUOUS GROWTH DRIVEN BY STRONG SALES TO AMAZON 24% • Net sales increased 12 % organically to 161 SEKm (150) • Adjusted EBITDA amounted to 67 SEKm (63), corresponding to a margin of 41.4% (41.8%). 76% Consumer div. Professional div. Net sales and adjusted EBITDA margin 200 50% 1
Slide 15: Professional Division
Professional Division CHALLENGING EVSE MARKET, CONTINUOUS GOOD DEMAND IN CLIENT BRAND 24% • Net sales decreased with 27% organically to 50 SEKm (72). The decrease is mainly related to a challenging EVSE market and the ended collaboration with General Motors. • Adjusted EBITDA amounted to 0 SEKm (-2)
Slide 16: Cash flow and CAPEX
Cash flow and CAPEX Cash flow and financial position • Cash flow from operating activities amounted to -19 SEKm (-3) in the period. • The change primarily reflects an increase in trade receivables to 206 SEKm (166), alongside a decrease in trade payables to 67 (120). • Capex during the period amount
Slide 17: Summary
Summary © CTEK AB
Slide 18: Q3 summary
Q3 summary KEY TAKEAWAYS Sustained Growth in Low Voltage The Low Voltage segment experienced another quarter of growth, fueled by robust sales to Amazon through the Consumer division. This is partly explained by a change in Amazon's purchasing pattern, which is expected to result in comparatively lo
Slide 19: © CTEK AB
© CTEK AB