October - December
• Net sales for the quarter decreased to EUR 35.0 (36.6) million. Organically, net sales decreased by -4,7%.
• During the quarter, the contract portfolio value increased by net EUR 10.7 million. Four contracts were won, no contracts were renewed and one was lost. Portfolio run rate annualized net sales at the end of the quarter was EUR 129.9 million, compared to EUR 119.2 million at the end of the third quarter of 2025.
• Operating profit for the quarter amounted to EUR -0.1 million, compared to EUR -2.5 million prior year.
• Adjusted EBITDA amounted to EUR 1.7 (-1.6) million, excluding the effect of implementation of IFRS 16 Leases.
• Cash flow from operating activities amounted to EUR -1.1 (-2.2) million, of which change in working capital amounted to EUR -0.8 (-1.1) million.
• Net profit for the quarter was EUR 2.1 (-9.4) million.

January - December
• Net sales for the period decreased to EUR 134.1 (183.3) million. Organically, net sales decreased by -26,1%.
• During the period, the contract portfolio value increased by net EUR 4.6 million. Seven contracts were won; four contracts were renewed and four were lost. Portfolio run-rate annualized net sales at the end of the quarter was EUR 129.9 million, compared to EUR 125.3 million at the end of the fourth quarter of 2024.
• Operating profit amounted to EUR -0.8 million, compared to EUR 2.0 million prior year.
• Adjusted EBITDA amounted to EUR 3.8 (7.7) million, excluding the effect of implementation of IFRS 16 Leases.
• Cash flow from operating activities amounted to EUR -6.9 (-6.2) million, of which change in working capital amounted to EUR -6.3 (-5.4) million.
• Net loss for the period was EUR –2.0 (-14.5) million.
• No dividend has been proposed for the period.
 
Significant events during the quarter
During the fourth quarter, Quant AB (publ) announced several key leadership appointments. The Extraordinary General Meeting approved the appointment of Sami Pitkänen as Chief Executive Officer. The meeting also ratified Maja Stålåker as Chief Financial Officer and approved Elisa Erkkilä as a new member of the Board of Directors.

On 7 October 2025, Maximilian Furley was appointed Senior Vice President, Americas, effective 1 December 2025. In addition, Anssi Marttila was appointed Senior Vice President, Business Development, effective 3 November 2025.

These appointments strengthen Quant’s leadership team and support the company’s continued focus on strategic execution, growth initiatives, and global business development.

During the quarter, Quant AB (publ) also completed a recapitalisation transaction that had been announced in November 2025. On 11 December 2025, the share transfer and directed share issue were successfully completed, resulting in a restructuring of the Company’s ownership and strengthening of its capital position. Under the transaction, existing shares in Quant were transferred to holders of the Senior Secured Participating Debentures 2025/2040 who made themselves known under the terms of the written procedure, and new shares in Quant were allotted primarily to those debenture holders. In addition, Quant received binding commitments from external investors to subscribe for residual shares, corresponding to aggregate gross proceeds of EUR 5 million. The required consents and approvals were obtained prior to completion, resulting in Quant AB (publ) becoming a standalone company, independent of Quibot Topco AB (publ).

During the quarter, Quant Service Sweden AB, a subsidiary of Quant AB (publ), also announced the renewal and extension of its long-term partnership agreement with Hitachi Energy Sweden AB at the Ludvika site. The renewed agreement covers maintenance, logistics, and waste handling services through December 2028, with an option for a further two-year extension, and is expected to contribute positively to the Group’s contract portfolio value.

Following approval at the Extraordinary General Meeting, Quant will shift from quarterly to semi‑annual financial reporting starting next fiscal year.

Significant events after the quarter
There were no significant events after the reporting date requiring disclosure or adjustment.