Sweden's Gapwaves Q4 revenue up 32.6% on manufacturing expansion

Gapwaves AB

06/02/2026 06:08

Overview

Sweden's wireless solutions firm Q4 revenue rose 32.6% yr/yr to 23.3 MSEK

Company's EBITDA and EBIT remained negative for Q4

Gapwaves received Vinnova funding and a new order from Infineon Technologies

Outlook

Gapwaves plans high-volume production in China for 2026

Company focuses on industrialisation, efficiency, and scaling for long-term growth

Gapwaves sees solid demand but notes geopolitical uncertainty as a short-term challenge

Result Drivers

MANUFACTURING EXPANSION - Revenue growth attributed to strong license production and expansion of manufacturing in Gothenburg

FINANCIAL STRENGTHENING - Rights issue and loan facility improved financial position, aiding future growth plans

DEMAND AND CHALLENGES - Solid demand persists, but extended decision cycles and geopolitical uncertainty pose short-term challenges

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
SEK 23.30 mln
SEK 22.40 mln (1 Analyst)
Q4 Net Income
-SEK 22.30 mln
Q4 EBIT
-SEK 21.50 mln
Q4 EBITDA
-SEK 19.70 mln


Analyst Coverage

Wall Street's median 12-month price target for Gapwaves AB is SEK26.04, about 87.3% above its February 5 closing price of SEK13.90

Press Release: ID:nMFN286VBL

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)