Guidance 2025 - high growth expectations
COMPANY ANNOUNCEMENT NO. 118 (correction to Company Announcement #115)
CORRECTION: Company Announcement #115 contains INSIDE INFORMATION
Today, LED iBond International A/S launch its revenue outlook for 2025 and predicted cash flow from operations. Flemming Thomsen, CEO (Interim) of LED iBond international comments:
2024 has been a year of continued transformation for LED iBond, where we have taken significant steps towards building a more scalable and profitable business. Despite market challenges, we have successfully optimized our operational setup, reduced costs, and strengthened our position in key segments.
We have seen solid growth in our pipeline and achieved our revised guidance for 2024 with a revenue of DKK 7-8 million. At the same time, we have established a strong foundation for further growth in 2025, where we are guiding revenue of DKK 17-19 million.
Outlook 2025
LED iBond International A/S outlook for 2025 is:
- Revenue of DKK 17 – 19 million
- EBITDA in the range of minus DKK 3 million to minus DKK 2 million
- Positive cash flow from operations during 2025
As in 2024, another doubling of revenue is expected in 2025, driven by the underlying growth in the pipeline, particularly within the horticulture segment. This is supported by the strong growth in Q4 2024, during which 30% of the year’s total revenue was generated. Furthermore, the current pipeline within the horticulture segment is ten times larger than the total revenue in 2024.
Further Information
Flemming Thomsen, interim CEO
Mobile: +45 2274 7228
Email: fth@ledibond.com
Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark
CVR 36041609
+45 7070 7855
info@ledibond.com
www.ledibond.com
Certified advisor
HC Andersen Capital
Bredgade 23B, 2.
1260 København K
Telephone: +45 30 93 18 87
Email: ca@hcandersencapital.dk
About LED iBond International A/S
Founded in 2014, LED iBond offers sustainable, innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and simple assembly technology.
LED iBond is focusing on three key business lines: Parking Facilities (Parking Houses & Solar Carports), Indoor Farming (Greenhouses & Vertical farms) and Service Stations (Canopies & Car wash).
Our technology platforms TRACY®, GRACY™ and HORTISABER™ offer unique value propositions.
TRACY® and GRACY™ are developed to meet demands for high design flexibility, robustness, easy integration into building construction, less cables and low total costs of ownership due to market leading energy efficiency.
HORTISABER™ is a new generation of LED grow lights for indoor farming. It’s developed to meet the demands from modern greenhouse productions with outstanding energy efficiency, light uniformity, superior passive cooling design that enhances the lifespan significantly and the unique linear slim-line design ensures minimal daylight shadow.
LED iBond’s lighting solutions have been installed in many large-scale projects ranging from Parking Houses, Charging Hubs, Solar Carports and Greenhouses to customised illumination projects such as shopping centres, intelligent shelf lighting and elevator ceilings.
LED iBond is a Danish design and manufacturing company.
LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).