BeammWave AB's Interim Report for January-June 2025 is now available on the Company's website beammwave.com/investors/financial-reports/.

Building a global, successful semiconductor company from the ground up – even with a great idea and a great team – is still an enormous challenge. At times, it is also extremely stressful. But I have never felt more confident and optimistic than I do now. Bit by bit, and day by day, we are getting there, says Stefan Svedberg, CEO of BeammWave.

Highlights during the second quarter

• BeammWave launched Next Generation of its Advanced Development Platform (ADP1)
• BeammWave’s undisclosed Asian customer entered the next phase by licensing the Next Generation of its Advanced Development Platform (ADP1)
• BeammWave Interviewed by Redeye – Continued transition towards high volume products
• Svein-Egil Nielsen was appointed as new Chairman of the Board
• Participated in Wireless Japan 2025 – Showcasing cutting-edge beamforming innovation
• Presented at Stora Aktiedagarna in Stockholm

Highlights after the period

• Adam Andersson was appointed VP of Business Development and Sales at BeammWave
• BeammWave and Nitto Denko entered into a Joint Development Agreement
• The Board of Directors of BeammWave decided on an expansive capital raise in the form of a rights issue of approximately SEK 65 million

Period April-June 2025
- Net sales was SEK 951K (0)
- Operating profit/loss was SEK -7,445K (-6,085K)
- Profit/loss before tax was SEK -7,364K (-6,091K)
- Earnings per share was SEK -0.23 (-0.39)
- Solvency was 91 (90) %

Period January-June 2025
- Net sales was SEK 2,593K (1,066K)
- Operating profit/loss was SEK -8,771K (-9,972K)
- Profit/loss before tax was SEK -8,689K (-9,878K)
- Earnings per share was SEK -0.28 (-0.68)
- Solvency was 91 (90) %