Today, LED iBond International A/S launch its revenue outlook for 2025 and predicted cash flow from operations. Flemming Thomsen, CEO (Interim) of LED iBond international comments:

2024 has been a year of continued transformation for LED iBond, where we have taken significant steps towards building a more scalable and profitable business. Despite market challenges, we have successfully optimized our operational setup, reduced costs, and strengthened our position in key segments.

We have seen solid growth in our pipeline and achieved our revised guidance for 2024 with a revenue of DKK 7-8 million. At the same time, we have established a strong foundation for further growth in 2025, where we are guiding revenue of DKK 17-19 million.

Outlook 2025

LED iBond International A/S outlook for 2025 is:  

• Revenue of DKK 17 - 19 million
• EBITDA in the range of minus DKK 3 million to minus DKK 2 million
• Positive cash flow from operations during 2025

As in 2024, another doubling of revenue is expected in 2025, driven by the underlying growth in the pipeline, particularly within the horticulture segment. This is supported by the strong growth in Q4 2024, during which 30% of the year's total revenue was generated. Furthermore, the current pipeline within the horticulture segment is ten times larger than the total revenue in 2024.