Elliptic Labs reports total revenue and other operating income of NOK 25.0
million for the second quarter 2025, compared to NOK 34.2 million in the same
period last year.
For the first half of 2025 the company reports revenues from contracts with
customers of NOK 51.2 million, compared to NOK 56.1 million in the first half
of 2024.
The company launched its platform on 25 new laptop models in the first half of
2025 and has signed two major new agreements with an existing customer in the
third quarter 2025.
These contracts cover both commercial and consumer segments as well as PC
accessories and include an expanded licensing structure and minimum committed
revenues, of which the majority will be recognized in Q3 and the remaining in
Q4. The combined minimum revenue commitment for the contracts is approximately
NOK 55 million.
In the smartphone segment, Elliptic Labs has launched its platform on 43 new
models year-to-date.
Highlights from Q2 2025:
- Entered agreement with current laptop customer to power internal
multi-device connectivity solution
- Launched on 9 new laptop models in the quarter, bringing year-to-date laptop
launches to 25 (including dual-sensor configurations)
- Launched on 25 new smartphone models in the quarter
Events after the End of the Quarter:
- Signed two new laptop contracts with existing customer for a combined
minimum commitment of approximately NOK 55 million in Q3 2025, covering
commercial, consumer, and PC accessories segments
- Launched on additional 7 smartphones
- Cumulative launches since start of 2025: 25 (13) laptop models and 43 (32)
smartphone models, with a total of 205 smartphone and 58 laptop models
launched since 2016
CEO Laila Danielsen and CFO Lars Holmøy will presenting the Q2 2025 results
today at 08:00 CEST. Please use the following link to access the presentation:
https://channel.royalcast.com/landingpage/hegnarmedia/20250828_1/
Contacts
Investor Relations:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com
PR Contact:
Patrick Tsui
pr@ellipticlabs.com
About Elliptic Labs
Elliptic Labs' AI Virtual Smart Sensor PlatformTM brings contextual
intelligence to devices, enhancing user experiences. Our technology uses
proprietary deep neural networks to create AI-powered Virtual Smart Sensors
that improve personalization, privacy, and productivity.
Currently deployed in over 500 million devices, our platform works across all
devices, operating systems, platforms, and applications. By utilizing
system-level telemetry data to cloud-based Large Language Models (LLMs), the
AI Virtual Smart Sensor Platform delivers the unrivaled capability to utilize
output data from every available data source. This approach allows devices to
better understand and respond to their environment, making technology more
intuitive and user-friendly. At Elliptic Labs, we're not just adapting to the
future of technology -- we're actively shaping it. Our goal is to continue
pushing the boundaries of contextual intelligence, creating more intuitive and
powerful experiences for users worldwide.
Elliptic Labs is headquartered in Norway with presence in the USA, China,
South-Korea, Taiwan, and Japan. The company is listed on the Oslo Stock
Exchange. Its technology and IP are developed in Norway and are solely owned
by the company.
Trademark
INNER BEAUTY is a registered trademark of Elliptic Labs.
AI Virtual Smart Sensor, AI Virtual Smart Sensor Platform, AI Virtual
Proximity Sensor, AI Virtual Presence Sensor, AI Virtual Connection Sensor, AI
Virtual Gesture Sensor, AI Virtual Heartbeat Sensor, and AI Virtual Breathing
Sensor are trademarks of Elliptic Labs.
All other trademarks or service markets are the responsibility of their
respective organizations.
This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2025-08-28 07:00 CEST.