SAF Tehnika Group manufactures wireless data transmission equipment, and it has posted data showing net revenues of EUR 20.93 million during the period between July 1, 2024, and March 31, 2025. The nine-month period of the 2024/2025 fiscal year showed a 1% decline from the previous years revenues, as well as a profit of EUR 93,000, as against a loss during the first nine months of the 2023/2024 fiscal year. This was all stated in a company report submitted to the Nasdaq Riga Stock Exchange.
During the 3rd quarter of 2024/2025, SAF Tehnika Group posted unaudited consolidated net revenues of EUR 5.35 million, which was 21% less than during the 3rd quarter of 2023/2024. The group closed the 3rd quarter of 2024/2025 with an unaudited loss of EUR 946,000.
Revenues from North American and Latin America contributed 54% of total income – EUR 2.9 million. Compared to the same quarter of the previous fiscal year, this sum decreased by 28%.
The European region accounted for 43% of revenues, or EUR 2.3 million, and that was 9% less than during the 3rd quarter of the previous fiscal year. Revenues in Asia, Africa and the Middle East decreased by 33% as against the same quarter during the previous year, representing 3% of total quarterly revenues (EUR 176,000).
SAF Tehnika Group sold products in 67 countries in the world during the reported quarter.
Source: BNS
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