Sensys Gatso Continues Strong Performance. Q4, Year End Report 2025 & Outlook 2026

Comments from the CEO

Keeping our Promises:  Sensys Gatso Continues Strong Performance
As we close 2025, Sensys Gatso has delivered a third consecutive quarter of solid performance, reflecting improved execution and continued progress against our financial and operational priorities. We delivered significant year-over-year growth, strengthened margins, and ended the year with a solid cash position, a meaningful order backlog, and active procurement pipelines across our core regions. Rolling twelve-month revenue, EBITDA and EBIT trends remain positive, providing a strong foundation as we move forward. Taken as a whole, 2025 was a successful year for Sensys Gatso.

Looking ahead, sustaining this momentum requires continued discipline in execution. Our focus remains on delivering against sales targets, managing projects rigorously, improving operational efficiency, and maintaining high service levels for our customers. While our business will continue to experience some quarter-to-quarter variability driven by contract timing, political processes and foreign exchange movements, we are focused on delivering consistent and reliable performance over time. With the strategy we have set, the technology we have in place, and a committed global team, we are well positioned to continue making progress in 2026.

Excellent Q4 Results
Turning now to specific results, our strong Q4 performance capped a year of profitable growth.

Significant Year Over Year Revenue Growth
Revenue for the quarter arrived at SEK 198 million, in line with expectations and SEK 198 million in Q4 2024.  We achieved this result despite foreign exchange headwinds that impacted the quarter by SEK 16 million.  Measured in constant currency, Q4 results landed at SEK 214 million, an 8% increase over the same period last year.  While strong revenue conversion from system sales continued from our core Swedish and Dutch projects, TRaaS revenue grew 3% over Q4 2024 (SEK 100 million to SEK 103 million).  We continue to build on our stable recurring revenue base of approximately SEK 100 million per quarter, with important Q4 contributions from our maintenance contracts globally. 

For the full year, revenue increased significantly, reaching SEK 719 million, 14% higher than SEK 631 million in 2024. Measured in constant currency, which accounts for SEK 37.4 million in negative foreign exchange impact, full year revenue would have reached SEK 757 million, an underlying growth rate of 20%. Overall, our global revenue mix continues to diversify, with important year over year growth contributions from Australia, Saudi Arabia, Sweden and the United States.

Improved Profitability
Q4 results continued to validate our underlying operational strength and ongoing improvements in 12 month rolling EBITDA.  For the quarter, EBITDA landed at SEK 37.6 million (19.0%), driven once again by economies of scale in Sweden, strong performance in our global maintenance contracts, and efficiencies in US operations.  This represents a 52% increase compared to SEK 24.7 million (12.5%) in Q4 2024. For the full year, EBITDA reached SEK 109.2 million (15.2%), a significant year over year improvement in profitability (10.4%).

Solid Order Intake
Order intake for the quarter landed at SEK 151 million, compared to SEK 161 million in Q4 2024. Intake occurred across geographies and customers, split between system sales MSEK 47 and TRaaS MSEK 104. Highlights for the quarter included expansion of our business with the South Australia Police and new customer signings in Pennsylvania (United States), with two thirds of TRaaS bookings incremental to our recurring revenue base. For the year, order intake arrived at SEK 729 million, generating positive momentum for 2026.  We continue to see strong demand for traffic safety solutions and are actively engaging in procurements across each of our core markets.

Financial Outlook 2026
For 2026, we expect continued currency headwinds as the Swedish Krona strengthens against the Euro, Australian Dollar, and US Dollar. Despite this, we anticipate continued profitable growth, with revenue in the range of SEK 750-800 million and an EBITDA margin of 14-16%. This outlook reflects our current order backlog, ongoing procurement activity, and a continued focus on operational efficiency and cost discipline.

Lewis Miller
CEO, Sensys Gatso Group

Invitation to a presentation
On 26 February at 10 am CET Sensys Gatso Group invites press, analysts, shareholders, and stakeholders to participate in an audiocast. The company’s CEO Lewis Miller and CFO Simon Mulder will present the financial results in English. The presentation in connection with this report will be published on the website. 

The presentation/audiocast can be joined online or via telephone and will be available on the company’s webpage: https://www.sensysgatso.com

If you wish to participate via webcast please use the link below.
https://sensys-gatso-group.events.inderes.com/q4-report-2025

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://conference.inderes.com/teleconference/?id=50052154

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 on 26 February, 2026.

For further information please contact:
Lewis Miller, CEO
e-mail: l.miller@sensysgatso.com
e-mail IR: investors@sensysgatso.com 
Telephone: +46 36 34 29 80

Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 308 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm. 

For further information, visit www.sensysgatso.com

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