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up from 47.4 percent in the same period last year. Third quarter EBITDA was USD
2.4 million (Q3 2024: 1.1 million). Excluding non-recurring cost of USD 0.7
million related to the uplisting to Euronext Oslo Børs, EBITDA was USD 3.1
million, equaling an EBITDA margin of 16.5 percent (8.3 percent).
“Smartoptics continues to deliver strong results aligned with our long-term
growth strategy. This quarter marks our second consecutive all-time high
quarterly revenue. Our scalable business model continues to drive
profitability,” says Magnus Grenfeldt, CEO of Smartoptics, and continues:
“The momentum we see in Smartoptics reflects continued investment appetite
across all our customer segments, particularly related to data centers, where
the strong demand is partly related to the rapid adoption of AI technologies. We
are proud to have secured orders from leading neo-scalers and large operators
across EMEA and the US, validating our strategic focus to deliver competitive
solutions for larger accounts.”
In the third quarter, Smartoptics saw growth across all product areas. This was
mainly driven by the range of high performance new-generation products launched
in 2024 and 2025. Additionally, the business area Optical Devices is
increasingly showing momentum.
Earlier this year, Smartoptics launched its ambition to increase market share
with two to three times in relevant markets, targeting an EBIT margin in the
range of 13-16 percent.
“Our confidence is grounded in the strength of our flexible, best-in-class
solutions, our attractive modern software suite, growing traction among large
accounts, and our agility as a mid-sized industry challenger,” said Magnus
Grenfeldt.
The report and presentation for the third quarter 2025 are enclosed.
-ENDS-
Quarterly presentation
Smartoptics will host a presentation of the results by CEO Magnus Grenfeldt and
CFO Stefan Karlsson today at 08:00 CET at Hotel Continental in Oslo. The
presentation will also be streamed live.
Date: Wednesday October, 29, 2025
Venue: Hotel Continental, Oslo
Time: 08:00 CET
Language: English
Link: https://channel.royalcast.com/landingpage/hegnarmedia/20251029_4/
The report and presentation will be made available at smartoptics.com and
www.newsweb.no. A recorded version of the presentation will be available after
the live stream is concluded.
For more information, please contact:
Magnus Grenfeldt, CEO Smartoptics
Telephone: +46 73 366 88 77
Email: magnus.grenfeldt@smartoptics.com
About Smartoptics
Smartoptics provides innovative optical networking solutions and devices for the
new era of open networking. Our customer base includes thousands of enterprises,
governments, cloud providers, Internet exchanges as well as cable and telecom
operators. We have an open networking approach in everything we do which allows
our customers to break unwanted vendor lock-in, remain flexible and minimize
costs. Our solutions are used in metro and regional network applications that
increasingly rely on data center services and specifications. Smartoptics is a
Scandinavian company founded in 2006. We partner with leading technology and
network solution providers such as Brocade, Cisco and Dell and have a global
reach through more than 100 business partners.
For additional information about Smartoptics, please visit smartoptics.com.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Per Burman, Chief Marketing Officer of
Smartoptics, at the time and date set out above.
Kilde
