"The final quarter of 2025 is the strongest single quarter for the Tagmaster Group to date and demonstrates that our strategy of pursuing a combination of organic and acquired growth is successful. This is a very strong performance given that the market in which we operate remained cautious during the quarter," says Jonas Svensson the company's CEO.

For the full year 2025, total revenue amounted to SEK 483.3 million, with an adjusted EBITDA result of SEK 79.1 million.

Commenting on the results, Svensson continues. "Demand for our solutions depends on long-term investment decisions and is therefore largely affected by the uncertainty in the global economy, which also characterised the fourth quarter. A contributing factor to our increased revenue and record-strong profitability despite this is that we have significantly strengthened our offering in parking and access digitalisation, while also increasing the share of our sales to corporate customers (B2B). This complements the rest of our business, which is predominantly directed toward the public sector (B2G), thereby making us somewhat less sensitive to uncertainties that cause delays in government decision-making. This is largely the result of our recent acquisition of the Spanish company Quercus Technologies, which was completed during the fourth quarter of 2024. This positions us as a stable and profitable growth company."

Major contract in Australia

According to Svensson, other parts of the business are also performing strongly, including its French subsidiary Citilog, which continues to successfully market and sell its upgraded Automatic Incident Detection (AID) system to both new and existing customers. "During the quarter, we announced a major order of just under SEK 9 million for the North East Link tunnel project in Melbourne, Australia. Our AID products consist primarily of software deliveries, which has had a positive impact on both gross margin and EBITDA," he adds.

"Our development of new applications and other technological advances continues within relevant technologies for Intelligent Transport Systems (ITS), positioning us well to meet the growing demand for multi-sensor solutions," continues Svensson.

Well positioned for future challenges

"Overall, we are very satisfied with 2025, particularly given that the market in which we operate has been cautious, with long and slow decision-making processes. I can also conclude that Tagmaster is well positioned to contribute solutions to some of the major challenges facing the world’s transport systems, such as traffic congestion in densely populated areas, improved safety, and reduced traffic-related emissions. As a result, demand for our solutions is increasing, and we remain firmly committed to further strengthening Tagmaster’s position, despite the uncertainty surrounding tariffs, geopolitics, and regulatory frameworks, which has contributed to a cautious market environment," concludes Jonas Svensson,