Elliptic Labs reports total revenue and other operating income of NOK 25.0 million for the second quarter 2025, compared to NOK 34.2 million in the same period last year.

For the first half of 2025 the company reports revenues from contracts with customers of NOK 51.2 million, compared to NOK 56.1 million in the first half of 2024.

The company launched its platform on 25 new laptop models in the first half of 2025 and has signed two major new agreements with an existing customer in the third quarter 2025.

These contracts cover both commercial and consumer segments as well as PC accessories and include an expanded licensing structure and minimum committed revenues, of which the majority will be recognized in Q3 and the remaining in Q4. The combined minimum revenue commitment for the contracts is approximately NOK 55 million.

In the smartphone segment, Elliptic Labs has launched its platform on 43 new models year-to-date.

Highlights from Q2 2025:
- Entered agreement with current laptop customer to power internal multi-device connectivity solution
- Launched on 9 new laptop models in the quarter, bringing year-to-date laptop launches to 25 (including dual-sensor configurations)
- Launched on 25 new smartphone models in the quarter

Events after the End of the Quarter:
- Signed two new laptop contracts with existing customer for a combined minimum commitment of approximately NOK 55 million in Q3 2025, covering commercial, consumer, and PC accessories segments
- Launched on additional 7 smartphones
- Cumulative launches since start of 2025: 25 (13) laptop models and 43 (32) smartphone models, with a total of 205 smartphone and 58 laptop models launched since 2016

CEO Laila Danielsen and CFO Lars Holmøy will presenting the Q2 2025 results today at 08:00 CEST. Please use the following link to access the presentation: https://channel.royalcast.com/landingpage/hegnarmedia/20250828_1/