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RTX A/S | www.rtx.dk
Strømmen 6
9400 Nørresundby, DK
Announcement
To Nasdaq Copenhagen A/S and the press
Nørresundby, Denmark, 27 November 2025
Announcement no. 29/2025
Number of pages: 2
ANNUAL REPORT 2024/25
RTX improves profitability, strengthens its pipeline, and raises its ambitions
RTX delivers significant progress in the financial year 2024/25 and announces its ambitions toward 2030.
“We have strengthened the foundation for long-term, sustainable growth and maintain a solid orderbook from key
customers. Stronger demand, operational discipline, and focused execution have lifted results in our core segments”.
Henrik Mørck Mogensen, CEO
FINANCIAL HIGHLIGHTS - FULL YEAR 2024/25
•
Revenue reached DKK 547.1 million (outlook DKK 530 to 560 million)
•
EBITDA reached DKK 35.5 million (outlook DKK 25 to 35 million)
•
EBIT reached DKK 8.7 million (outlook DKK -5 to 5 million)
Group revenue increased to DKK 547 million, representing 10% growth, driven by stronger market
demand and improved visibility. EBITDA increased to DKK 36 million, reflecting scalability in the business
model.
•
Enterprise revenue grew to DKK 402 million, up by DKK 71 million, as key customers normalized
ordering patterns and the retail sub-segment showed solid momentum.
•
ProAudio revenue declined to DKK 79 million, down DKK 41 million, due to market headwinds
and a strategic shift toward a modular platform and away from legacy low-margin products.
•
Healthcare revenue increased to DKK 67 million, up by DKK 20 million, driven by infrastructure
product sales and modules, following the transition to broader RTX ownership of products under
a major partnership.
Gross profit increased to DKK 274 million, with a gross margin of 50.0% (up from 46.7%). The margin was
supported by a favorable product mix and Healthcare growth but negatively affected by component
write-offs and product phase-outs.
Capacity costs increased by 5% to DKK 262 million, mainly due to salary inflation, strategic hires, and
organizational adjustments.
EBITDA reached DKK 36 million (2023/24: DKK 3 million), and EBIT improved to DKK 9 million (2023/24:
DKK -34 million), supported by growing revenue and gross margins and lower amortization.
Net profit before tax improved to DKK 14 million (from DKK –38 million), lifting earnings per share to DKK
1.3 (2023/24: DKK -3.8).
Inventory was reduced by DKK 42 million (53%), driven by normalization of the supply situation and use
of existing component stock for finished product deliveries.
Cash flow from operations strengthened to DKK 83 million, supported by inventory reductions and
improved earnings.
Net liquidity increased to DKK 153 million, driven by lower working capital and positive cash flow.
Equity increased to DKK 334 million, corresponding to a solid equity ratio of 68%.
OUTLOOK 2025/26
RTX expects double- digit revenue growth, net of currency effects. Although the short order horizon and
ongoing industry uncertainty affect the revenue outlook, RTX maintains a solid pipeline and strong
customer relationships, providing forecast visibility for the next three to six months. RTX’s guidance for
the 2025/26 financial year is:
•
Revenue DKK 575 to 625 million
•
EBITDA DKK 35 to 65 million
•
EBIT DKK 0 to 30 million
LONG-TERM GROWTH AMBITIONS TOWARD 2030
RTX simultaneously announces its long-term growth ambitions toward 2030. These ambitions reflect a
clear focus. RTX targets double-digit annual revenue growth toward 2030 and an EBITDA margin above
15%. The growth strategy is driven by three strategic priorities:
•
Healthcare: RTX will accelerate growth in wireless patient monitoring, a rapidly expanding
market where RTX’s technology is already in use in approximately 1,500 U.S. hospitals.
•
Core business: RTX will capitalize on growth opportunities within Enterprise and scale the
modules business in ProAudio.
•
New markets: RTX will pursue new opportunities within Defence, First Responders, Hospitality,
and the fast-growing retail market driven by digitalization.
These ambitions support RTX’s transformation towards a more market-driven, platform-based, and
scalable technology business.
RTX A/S
HENRIK MØRCK MOGENSEN
HENRIK SCHIMMELL
CEO
CHAIR
Investor and analyst conference call
Investors and analysts are invited to join RTX for two upcoming presentations of the Annual Report
2024/25. The first is a conference call hosted by Danske Bank on 28 November 2025 at 10:15 CET.
Registration is available via email to lomo@danskebank.dk. The second is an investor meeting hosted by
HC Andersen Capital on 2 December 2025 at 10:00 CET, where CEO Henrik Mørck Mogensen and
CFO Mille Tram Lux will walk through the results, share key insights, and answer questions from the
participants.
Enquiries and further information:
CEO Henrik Mørck Mogensen, tel +45 96 32 23 00
CFO Mille Tram Lux, tel +45 96 32 23 00