2025/2026 The group’s unaudited consolidated net turnover for the second quarter of the financial year was EUR 15.23 million, which is twice as much as in 2024/25. in the second quarter of the financial year, according to a statement on the stock exchange.
The group ended the second quarter with a profit of 2.74 million euros (unaudited). The consolidated unaudited result of 6 months of the financial year is a profit of 3.43 million euros.
The turnover of the region of North America and Latin America was 29% or 4.5 million euros. Compared to the turnover of the same quarter last financial year, the turnover increased by 8%.
The turnover of the region of European countries is 57% or 8.9 million euros, which is 250% more than in the 2nd quarter of the previous financial year. The turnover of the Asia, Africa and Middle East region, compared to the corresponding quarter of the last financial year, has increased sixfold and constitutes 14% of the total turnover of the quarter (or 2.1 million euros).
Fluctuations in quarterly turnover affect the implementation of individual projects. Projects tend to be of various sizes and complexities, and their execution is affected by both the duration of the production process and the availability and schedule of material procurement. Thus, the shipment of goods and the recognition of revenues may also take place in the following quarters, depending on the project implementation deadlines.
In the reporting quarter, the group’s products were sold in 70 countries.
In the reporting quarter, SAF Tehnika established a subsidiary SAF LATAM SAS in Colombia, in which it owns 51% of the shares. The company is built on a long-term partnership to ensure a direct presence in South America and continue to offer customers in the region customized wireless data transmission and sensor solutions, while strengthening the group’s position in the region.
The amount of expenses of the group did not exceed the amounts planned in the budget. The Group continues to invest in the development of new products and product modifications.
2025/2026 the group ended the 2nd quarter of the financial year with a profit of 2.74 million euros (unaudited). The result of the 2nd quarter of the previous year was a profit of 228 thousand euros.
Consolidated unaudited 2025/2026 the result of 6 months of the financial year is a profit of 3.43 million euros. The previous one of the group – 2024/2025. the result of the first half of the financial year was a profit of 1.04 million euros.
During the reporting period, the development of microwave wireless data transmission product lines continued in order to offer the necessary product modifications and create prototypes for next-generation technologies. The group continued its work on the development and development of the functionality of the Internet of Things (IoT) environment monitoring solution – Aranet. Aranet is an industrial-level wireless environmental monitoring solution that allows you to measure various environmental parameters, including temperature, humidity, radon and CO2 monitoring.
The development of new products is closely related to changes in the production approach and the organization of supply chains. Independence of supplies is particularly important in the defense segment. The group purposefully invests in the expansion of production capacity in Latvia and strengthens internal competences, increasing the ability to ensure a significant part of the process within the company.
The company’s goal is to stabilize the turnover level, which ensures a positive net result in the long term. The board of SAF Tehnika remains cautious and refrains from providing specific forecasts of sales and operating results.
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date:2026-02-11 15:38:00
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