SaltX Technology Holding AB Year-end Report 2025

"2025 was a breakthrough year for SaltX. We took significant technical steps, strengthened our industrial partnerships, improved our financial position, and established a solid foundation for scale-up. With the pilot project in Mo i Rana as the next major milestone and growing global interest in our technology, we are well-positioned for continued commercialization." 

- Lina Jorheden, CEO SaltX Technology

Presentation of the Year-end Report 
The report is presented in a video interview where SaltX CEO Lina Jorheden talks about the last quarter, reflects on the past year, answers questions from shareholders, and describes the company's plans going forward. Feel free to continue sending questions via email: investors@saltxtechnology.com 

CEO interview, Year-end Report 2025 with Lina Jorheden - https://youtu.be/5r2gPWzhiGA

FINANCIAL EVENTS 

The fourth quarter 

• Net sales amounted to MSEK 19.7 (18.5)
• Operating profit/loss (EBIT) totaled MSEK -20.5 (-16.0)
• Cash flow from operating activities amounted to MSEK -16.7 (-7.9)
• Earnings per share before and after dilution amounted to SEK -0.11 (-0.09)

Full year January - December

• Net sales amounted to MSEK 44.0 (39.9)
• Operating profit/loss (EBIT) totaled MSEK -61.1 (-54.2)
• Cash flow from operating activities amounted to MSEK -45.7 (-58.6)
• Earnings per share before and after dilution amounted to SEK -0.34 (-0.32)

SIGNIFICANT EVENTS 

The fourth quarter 

• SaltX announced successful outcome of rights issue and over-allotment issue
• SaltX successfully completed dolomite tests for SMA Mineral
• SaltX electrification technology showed successful results in tests with carbonate iron ore from VA Erzberg
• SaltX received a new partial order from SMA Mineral for the pilot plant in Norway enabling electric and emission-free quicklime production
• SaltX presented strategic video with roadmap towards 2035
• SaltX appointed new CFO and an acting COO in the ongoing commercialization phase

After the end of the period 

• SaltX received MSEK 110 through a rights issue and carried out a set-off issue of MSEK 2.2.
• SaltX receives a MUSD 1.5 R&D grant from Frontier to support large-scale electrified calcination project

Other event after the end of the period

• Update regarding U.S. DAC customer: Due to current market and financing conditions in the United States, the previously communicated order has been partially canceled. SaltX has received full compensation for completed material tests and project management

Read the full report here:
https://www.saltxtechnology.com/investor/news/financial-reports/

Stockholm, February 18, 2026
Board & CEO 

For more information, please contact:
Lina Jorheden, CEO SaltX Technology, +46 70 825 11 83
Rickard Lindgren, CFO SaltX Technology, +46 72 719 93 31

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This information is such information that SaltX Technology Holding AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the care of the above contact persons, for publication on February 18, 2026, at 15.00 CET.  

About SaltX Technology
SaltX is a Swedish greentech company that develops and markets sustainable technologies that benefit customers, the climate and society. The company focuses on the electrification of emission-intensive industries such as the lime and cement sectors. SaltX Technology's share is listed on Nasdaq First North Premier Growth Market with FNCA Sweden AB as Certified Adviser. For more information, visit: www.saltxtechnology.com.

 
Stockholm, 2026-02-18