Soiltech ASA (OSE: STECH)
Sandnes, Norway, 30 October 2025
Soiltech delivered another strong quarter in Q3 with revenue of NOK 102 million, representing a 50% increase year-on-year. EBITDA adj. came to NOK 24 million, an increase of 78% year-on-year, whereas profit before tax was NOK 10 million, up from NOK -10 million year-on-year. The strong performance reflects high activity across the business segments.
Third Quarter Highlights
- Revenue NOK 102 million, +50% year on year (YoY)
- EBITDA adj. NOK 24 million, +78% YoY
- EBITDA adj. Margin 24%, up from 20% YoY
- Profit before tax NOK 10 million, up from NOK -10 million YoY
- Profit before tax margin 9%, up from -15% YoY
First Nine Months highlights
- Revenue of NOK 299 million, +55% year on year (YoY)
- EBITDA adj. of NOK 69 million, +78% YoY
- EBITDA adj. Margin of 23%, up from 19% YoY
- Profit before tax of NOK 29 million, up from NOK -4 million YoY
- Profit before tax margin 10%, up from -2% YoY
The first nine months of 2025 have been very busy for us. We have already surpassed our full-year 2024 revenue of NOK 274 million. I am proud of the efforts of our team and of how we have managed to grow at this pace while maintaining strong profitability. This success is largely thanks to Soiltech’s culture, where customer focus, operational excellence, and innovation are key priorities,” says Jan Erik Tveteraas.
About Soiltech:
Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse. Soiltech operates world-wide and is headquartered in Norway.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Chief Executive Officer Jan Erik Tveteraas and Chief Financial Officer Tove Vestlie will be hosting a webcast and Q&A session at 10 am today to discuss the results. Please use the following link to sign up for the webcast: (Presentation is attached)
https://us06web.zoom.us/webinar/register/WN_YWYhRn_PS1aNi5G8uLC6DA
Expected duration: 30 minutes incl. Q&A.
For more information, contact:
Tove Vestlie, CFO Telephone: (+47) 90 69 06 48
Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25
