Year-End Report 2025
Fourth Quarter │ Oct–Dec 2025
Net sales amounted to TSEK 288,333 (203,991), which is an increase of 41.3 % compared to the same period last year.
The gross margin amounted to 54.5 % (55.1).
Operating profit before depreciation (EBITDA) amounted to TSEK 104,121 (71,155) which corresponds to an operating margin before depreciation of 36.1 % (34.9).
Operating profit (EBIT) amounted to TSEK 80,169 (54,039), which corresponds to an operating margin of 27.8 % (26.5).
Earnings per share before dilution amounted to SEK 5.63 (3.82).
Yearly│ Jan–Dec 2025
Net sales amounted to TSEK 934,767 (662,334), which is an increase of 41.1 % compared to the same period last year.
The gross margin amounted to 52.8 % (53.6).
Operating profit before depreciation (EBITDA) amounted to TSEK 317,835 (202,627), which corresponds to an operating margin before depreciation of 34.0 % (30.6).
Operating profit (EBIT) amounted to TSEK 229,727 (134,518), which corresponds to an operating margin of 24.6 % (20.3).
Earnings per share before dilution amounted to SEK 16.12 (9.36).
Comments from the CEO
We finish the year with a total of 41% organic growth; the increase that began at the end of last year has continued throughout 2025. The growth is driven partly by a fantastic first year for our new thermostat TRM-01, which towards the end of the year has become the product in Norway with the highest net sales among our installed products. It has also been launched in Sweden during the second half of 2025 and has met our expectations there as well. Another important launch during the year was our dimmable smart plug SPD-01, which has also been well received by the market. We primarily see it as an important entry-level product to our platform.
Our international markets have continued to develop positively during the year, with the Netherlands leading the way. We are gradually building a strong base of presence in order to be able to drive growth over a long period of time ahead, together with new exciting products.
On the product side during 2026, it is primarily our LED panel LPN-01 that we believe will contribute most to growth among new products. Together with new software features, this will be an entry point towards more commercial installations – a very exciting area in which to continue expanding our offering.
I would like to thank the team for a fantastic year and look forward to an exciting 2026, continued focused on strong organic growth with increasing profitability.
Babak Esfahani
CEO
For further information
Phone: +46 (0) 10 207 89 01
E-mail: investor@plejd.com
About the company
Plejd is a leading Nordic supplier of smart lighting and other smart products. By focusing on the user experience, Plejd makes smart solutions easy and available to everyone.