Shape Robotics reports record strong Q1 and best 12-month results ever
After securing a partnership in Saudi Arabia, a pilot agreement in Vietnam and a ranking in Time Magazine's top 30 of the world's best EdTech companies, Shape Robotics today presents first-quarter results that beat all previous levels for both revenue and EBITDA and show strong growth with improved profitability. The expectations for the full year are maintained. With a doubling of revenue in Q1 compared to the previous year, Shape Robotics has entered 2025 strongly. Revenue thus increased to 69.8 million DKK (Q1 2024: 34.9 million DKK), corresponding to a growth of 100 percent, while EBITDA amounted to 10.4 million DKK (Q1 2024: -7.5 million DKK).
Looking back a year ago, Shape Robotics can note the best 12 months in the company's history with LTM revenue of 336.7 million DKK. DKK, an EBITDA of 34.9 million DKK. and a net profit of 2.8 million DKK. At the same time, guidance for the full year is maintained.
Shape Robotics reports record strong Q1 and best 12-month results ever
