Q1 Results 2025
Amid ongoing geopolitical and macroeconomic volatility, AutoStore reported Q1 2025 revenue of USD 85.9 million and order intake of USD 141.2 million. As indicated in the Q4 2024 update, the quarter reflects a softer start to the year, influenced by the growing adoption of AutoStore-as-a-Service and broader uncertainty impacting global commerce.
Several AutoStore-as-a-Service projects were successfully delivered in the quarter. While these reduce near-term revenue, they build recurring revenue streams and improve long-term visibility—aligning well with customer demand for flexible, capexlite solutions. Adjusted for these projects, revenue secured in Q1 would total approximately USD 113 million.
Gross margin remained strong at 74.0%—marking the fifth consecutive quarter above 70%. Adjusted EBITDA margin was 24.5%, impacted by the lower revenue base. “We are responding to the current conditions by revitalizing our commercial function with new leadership, accelerating growth through AutoStore-as-a-Service, and implementing cost-efficiency measures expected to reduce annualized operating expenditure by approximately USD 10 million”, said CEO, Mats Hovland Vikse. “These actions are aimed at maintaining high profitability, strengthening our competitive position, and supporting long-term growth and resilience.”
(Nedre Vats, 17 April 2025): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors and analysts to join the presentation of the first quarter 2025 financial results on Thursday 24 April 2025 at 08:00 CET via a live webcast and earnings call.
06:00 - Announcement of the first quarter 2025 financial results. All material will be made available on www.newsweb.no and www.autostoresystem.com.
08:00 - Presentation will be held only via live webcast and earnings call. The presentation will be hosted by Mats Hovland Vikse, CEO, Paul Harrison, CFO and Parth Joshi, CPO. The presentation will be followed by Q&A.
The presentation will be broadcasted live via this webpage.
It will be possible to send in written questions through the webcast player. In addition, we invite participants to ask questions live at the end of the presentation by using the raise-hand feature in Microsoft Teams.
Teams:
Link to teams meeting.
Meeting-ID: 391 961 431 374
Password: ZZ9qd7n7
For further information, please contact:
Hiva Flåskjer, VP Investor Relations, AutoStore AS Telephone : +47 958 66 790 I hiva.flaskjer@autostoresystem.com
Nili Eslah, Investor Relations Manager, AutoStore AS - Telephone: +47 456 62 664 I nili.eslah@autostoresystem.com
About AutoStore
AutoStore, founded in 1996, is a technology company that develops order-fulfillment solutions to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities and the AutoStore technology is interoperable with other third-party solutions. AutoStore is global, with ~1,650 Systems in 58 countries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators referred to as "partners". AutoStore was founded in Nedre Vats, on the west coast of Norway. The company has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as assembly facilities in Poland and Thailand.
