Guideline Geo AB (publ) (GGEO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, my name is Malin Silberg. I'm the CEO of GuidelineGeo. Welcome to our year-end report and our Q4 report. For those of you that don't know us, this is who we are in brief. We design and manufacture non-destructive geophysical solutions for subsurface surveys. And we target the infrastructure market, where we help find pipes and cables in the ground, so-called utility locating. We also target the groundwater sector, where our solutions help find groundwater or monitor groundwater. And also we do ground investigations. It's often connected to the infrastructure market, knowing where bedrock is, quality bedrock or stability of the ground prior to any type of construction. We're a stock listed company. We're listed on First North Growth Market. We have a long history. We origin from the Swedish mining industry up north in Sweden. And given our size, we have a true global reach through our own offices and people across the world in the orange dots in the map. And we also reach more than 80 countries through our strong distributor network across the world. We have a growth strategy and I'm happy to announce that we are back on track on growth. So when we close 2025, we are back on our growth journey. So let's dig into the numbers. In short, in Q4, we saw strong growth and a stable profitability over the year. But if we start by looking at Q4, we were up 9% on our sales compared to Q4 last year. We crossed the 60 million Swedish kronor bar. Our profitability for the quarter was 11.9 in EBITDA and EBIT was 7.6 million Swedish kronor. Our operating cash flow was positive, 2.4, lower than last year and I'll come back to the reasons why. We are stable in our net cash. We have 17.3 million compared to last year's 19 and to us that is a very stable level. If I look at the f...