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GomSpace attributed the negative 94.8 million SEK free cash flow in 2025 to more than 145 million SEK in outstanding invoices from a key customer undergoing a capital raise prolongation.
GomSpace implemented a payment plan and secured collateral to mitigate the outstanding invoices from the key customer.
GomSpace ended 2025 with a cash position of 209 million SEK.
GomSpace’s free cash flow for 2025 was negative 94.8 million SEK.
GomSpace’s adjusted EBITDA for Q4 2024 was 5.4 million SEK.
GomSpace reported a full-year revenue increase of 72% in 2025.
GomSpace achieved its first full year of profitable growth since initiating a strategic turnaround in 2023.
Carsten Drachmann is the CEO of GomSpace.
GomSpace surpassed its previously issued financial guidance for the full year 2025.
GomSpace cites skilled and engaged employees, experienced leadership, established customer relationships, and operational infrastructure as enablers for managing scaling risks.
GomSpace’s 2026 guidance indicates an EBITDA margin of 5% to 12%, with 6% to 12% expected in the upper half of the range.
GomSpace has made a strategic entry into new mission domains to position the company to capture additional market share.
GomSpace’s 2026 guidance relies on successful realization of order intake for higher-margin product sales and successful completion of several large projects that meet progress and margin target assumptions.
GomSpace expects revenue in 2026 to increase more than 30% at the midpoint compared with 2025.
GomSpace expects negative free cash flow for the full year 2026 because planned strategic investments will exceed cash flow from operations.
GomSpace characterizes its market position as strengthened by an established track record in satellite systems and an expanding product portfolio.
GomSpace projects that continued profitable growth in 2026 will be supported by a healthy order backlog and expanding market opportunities.
GomSpace reports maintaining substantial cash and credit facilities to provide financial flexibility for its 2026 investment program.
GomSpace’s 2026 guidance forecasts revenue of 540–640 MSEK (approximately $58.6–$69.4 million).
GomSpace plans focused investments in R&D, manufacturing capability, and talent to support its 2026 growth strategy.