Oslo, Norway - 10 April 2026 - Smartoptics Group ASA (SMOP) has today published
its Annual Report for 2025.
Smartoptics delivered strong growth and improved profitability in 2025, with
revenue of USD 75.3 million (USD 55.5 million), corresponding to a growth of
35.6%. EBITDA was USD 9.7 million (USD 5.6 million), corresponding to an EBITDA
margin of 12.9% (10.1%), and EBIT was USD 6.8 million (USD 3.3 million),
corresponding to an EBIT margin of 9.0% (5.9%).
"2025 was a transformative year for Smartoptics. We delivered strong growth,
improved profitability, and important strategic milestones, confirming the
strength of our business model and our position in a rapidly evolving optical
networking market. We continue to see increasing demand driven by cloud, data
center connectivity and AI-related infrastructure, and we are well positioned to
capture further growth going forward," said Magnus Grenfeldt, CEO of
Smartoptics.
During 2025, Smartoptics uplisted to the main market of Euronext Oslo Børs,
strengthening the company's visibility in capital markets and supporting its
continued growth ambitions.
The 2025 Annual Report and Remuneration Report are enclosed. The annual report
in European Single Electronic Format (ESEF) is also available as an attachment
to this release.
For more information, please contact:
Magnus Grenfeldt
CEO Smartoptics Group
Telephone: +46 73 366 88 77
Email: magnus.grenfeldt@smartoptics.com
About Smartoptics
Smartoptics provides innovative optical networking solutions and devices for the
new era of open networking. Our customer base includes thousands of enterprises,
governments, cloud providers, Internet exchanges as well as cable and telecom
operators. We have an open networking approach in everything we do which allows
our customers to break unwanted vendor lock-in, remain flexible and minimize
costs. Our solutions are used in metro and regional network applications that
increasingly rely on data center services and specifications. Smartoptics is a
Scandinavian company founded in 2006. We partner with leading technology and
network solution providers such as Brocade, Cisco and Dell and have a global
reach through more than 100 business partners.
For additional information about Smartoptics, please visit smartoptics.com
This information is published in accordance with the requirements of the
Continuing Obligations for Euronext Oslo Børs and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.