Oslo, Norway, 12 November 2025 --- Elliptic Labs invites investors, analysts,
media, and other stakeholders to a presentation of its Q3 2025 results on
Thursday, November 20th at 08:00 CET. The presentation will be held by Interim
CEO Ola Sandstad and Interim CFO Mathias Norderud, followed by a Q&A session.
Please use the following link to access the presentation:
https://channel.royalcast.com/landingpage/hegnarmedia/20251120_3/
Elliptic Labs announces today preliminary revenues of NOK 42.3 million for the
third quarter 2025 and an EBITDA of NOK 12.7 million. This represents a
revenue increase of approximately 50% from the third quarter last year, when
the company reported an EBITDA of NOK 0.5 million.
The company has decided to release the main figures early to avoid speculation
tied to the recent leadership transition and has also decided to move the
presentation of the results for the third quarter up by one week to 20
November.
The increase mainly reflects revenue recognition of milestone revenue related
to the previously announced latest contract with Lenovo. As stated in the
financial report and presentation for the second quarter 2025, the company
expected to recognise the majority of the minimum commitment of NOK 55 million
as revenue in the third quarter and the remainders in the fourth quarter.
For further information, please contact:
Ola Sandstad, Interim CEO of Elliptic Labs, ola.sandstad@ellipticlabs.com
Mathias Norderud, Interim CFO of Elliptic Labs,
mathias.norderud@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.
This information has been submitted pursuant to the Securities Trading Act ยง
5-12 and MAR Article 17. The information was submitted for publication at
2025-11-12 07:15 CET.