Huddly AS Reports 45% Revenue Growth to NOK 57 Million in Q2 2025
Reuters
Aug 21
Huddly AS Reports 45% Revenue Growth to NOK 57 Million in Q2 2025
Huddly AS reported a revenue increase of 45% in Q2 2025, reaching NOK 57 million, compared to the same period last year. This growth was primarily driven by strong performance in the Channel and Strategic Partner segments. The company achieved several milestones, including the launch of the AI-driven C1 videobar and signing a Memorandum of Understanding with Barco. The partnership with Shure also continued to develop, contributing to revenue gains. The gross margin for Q2 2025 was 43%, or 45% excluding one-off effects, while the first half of 2025 saw a gross margin of 47%. Huddly has revised its growth targets for the full year of 2025, estimating revenues between NOK 240 million and 280 million, with a target to be cash flow positive in 2026. To support this goal, the company is considering a private placement of NOK 50 - 75 million, with NOK 50 million guaranteed. The first customer shipment of the new C1 videobar is scheduled for September, following a successful European roadshow in collaboration with Lenovo and Microsoft. The company is also in final negotiations for a new partnership with another leading global industrial player.
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