- Q2 revenue of $11.2 million, compared with $12.7 million in Q2 2024.
- Q2 gross margin of 45%, level with Q2 2024
- Q2 adjusted EBITDA of $82 thousand, compared with $239 thousand in Q2 2024
- Liquid Cooling revenue of $9.8 million, up from $8.6 million in Q1 2025 and compared with $11 million in Q2 2024
- SimSports revenue in line with expectations at $1.3 million following the U.S. import tariff announcements in April, compared with $1.7 million in Q2 2024
- First-half 2025 revenue of $21.0 million, and adjusted EBITDA of negative $0.2 million compared with $24.9 million and positive $0.2 million in first-half 2024, respectively
- Group revenue expectation for 2025 is maintained in the range of $45 to $53 million with adjusted EBITDA at 0% to 3%.
AALBORG, Denmark, Aug. 19, 2025 /PRNewswire/ — Asetek reported second-quarter revenue of $11.2 million compared with $12.7 million in the same period of 2024. First-half 2025 revenue was $21.0 million compared with $24.9 million in the first half of 2024. The change in both periods mainly reflects fewer shipments of liquid cooling products. Gross margin was level at 45% for both the second quarter and first half of 2025 and the respective periods of 2024.
“Amidst continued macro uncertainties, Asetek experiences strong momentum with new and existing Liquid Cooling customers led by innovative products for a wider market, focused commercial work and a growing recognition of our quality, established supply chain and full service offering in volatile markets. This week, we are launching our Initium mass-market sim racing product portfolio at Gamescom in Germany, significantly widening our addressable market. Within both our segments, we are positioned to deliver long-term profitable growth when markets stabilize,” says André S. Eriksen, the CEO of Asetek.
Adjusted EBITDA was $82 thousand in the …