FINANCIAL KEY FIGURES FOR THE PERIOD
| 2025 | 2025 | 2024 | |
| MSEK | Quarter 3 | Quarter 2 | Quarter 3 |
| Net sales revenue | 12.3 | 11.8 | 8.6 |
| Operating earnings before depreciation | +6.7 | +5.5 | +3.8 |
| Net earnings | +5.2 | +4.1 | +2.7 |
| Net earnings per share, SEK | +0.092 | +0.073 | +0.047 |
| ARR* | 48.9 | 47.6 | 34.2 |
| Rule of 40** | 84.2% | 71.6% | 44.7% |
| Cashflow | +5.9 | -2.8 | +4.1 |
| Cash and cash equivalents | 33.2 | 27.2 | 24.8 |
| Equity | 54.5 | 49.3 | 43.0 |
| Equity per share, SEK | 0.96 | 0.87 | 0.76 |
| Equity ratio, % | 92.7% | 91.9% | 89.9% |
* ARR = Net sales from the last month of the quarter × 12
** Rule of 40 = Sales growth % Y/Y + Operating margin % for the quarter
EVENTS DURING THE PERIOD
Wizz Air expands Aventus and SIGMA service agreements to the entire group
On August 6 it was announced that following a successful evaluation of AVTECH's Aventus and SIGMA services, Wizz Air has now chosen to expand the existing 3-year agreement for Wizz Air UK to the rest of the Wizz Air Group. This means that Wizz Air Hungary Ltd and Wizz Air Malta Ltd are now also covered by the agreement. The expected annual value is in the range of 4.2 to 5.8 MSEK depending on the fleet size and the EUR exchange rate. AVTECHs in-flight services are based on the latest high-resolution aviation weather forecasting from the UK Met Office. Aventus delivers precise and tailored wind and temperature information to the cockpit in-flight, while SIGMA provides automatic notifications about turbulence and other weather hazards along the flight path. This leads to improved flight efficiency, punctuality, and passenger comfort on Wizz Air UK flights.
Diarmuid Ó Conghaile, Chief Operations Officer at Wizz Air, says: “Wizz Air is proud to be the first adopter of these system, well ahead of our main competitors. This functionality operates behind the scenes, but the benefits are noticeable for passengers on board. Our customers will experience quieter, smoother flights with less turbulence, especially during climb and descent. This development fits perfectly with the airline’s Customer First Compass initiative. By combining the latest advances in weather forecasting and flight planning, Wizz Air is giving its 2,700 pilots the latest generation in in-flight tools to serve our more than 75 million annual passengers with a better flying experience.”
David Rytter, CEO at AVTECH, says: “We are pleased to expand our service delivery to Wizz Air following a comprehensive product evaluation process. AVTECHs in-flight services are powered by the latest high-resolution aviation weather forecasts from the UK Met Office. The Aventus and SIGMA service combination delivers accurate and tailored wind and temperature information to the cockpit during flight, along with automatic and precise alerts for turbulence and other weather hazards along the flight path. We look forward to a strong collaboration with Wizz Air, aimed at enhancing flight efficiency, punctuality, and passenger comfort across their operations.”