Huddly AS – Q3 2025: Strategic Partnerships fuel revenue growth

06 Nov 2025 07:00 CET

Oslo, 6 November, 2025: Huddly reported revenues in Q3 2025 of NOK 45 million,
up 75 % from Q3 2024. The revenue growth is in particular fueled by good
progress in the Strategic Partner segment, booking its highest revenue since Q3
2023. Gross margin reached 45 % in the quarter, compared to 40 % in Q3 2024.
Gross margin YTD 2025 was 47 %.

Huddly accomplished several important goals set out in its business plan during
the third quarter of 2025. Jabra joined as a Strategic Partner, and the first C1
videobar shipment went out to customers in August. Following this, there were
major joint marketing campaigns with partners Lenovo, Microsoft and Barco,
providing a strong foundation for future C1 sales growth.

The Huddly C1 videobar is expected to be an important medium-term growth driver.
In addition, the product roadmap towards 2026 and 2027 will further defend
Huddly’s leading position and attract new Strategic and Channel partners.

Operational cash flow was NOK 1 million in Q3 2025, compared to NOK -18 million
in
the previous quarter. Huddly raised NOK 61 million in gross proceeds through a
private placement in August. A subsequent repair offering in October added NOK
7.7 million in gross proceeds.

The Q3 2025 presentation will be held on Zoom by CEO Rósa Stensen and CFO
Abhijit Banik on 6 November at 08:00 CET. A Q&A will follow directly after the
presentation. Questions may be submitted to ir@huddly.com or live during the
session.

Register via the following link to access the Q3 2025 presentation and Q&A:
https://huddly.zoom.us/webinar/register/WN_Hw1o5SBCQZ6Kn6V0kurenw

A recording of the presentation and Q&A session will be published on the
company’s website.

For more information, please contact:
Abhijit Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation ("MAR") and is subject to the disclosure requirements
pursuant to MAR article 17, Euronext Growth Oslo Rule Book – Part II, section
3.9 and section 5-12 of the Norwegian Securities Trading Act. This stock
exchange announcement was published by Abhijit Saha Banik, CFO of the Company,
on 6 November 2025, at 07:00 CEST. This announcement may include projections and
other "forward-looking" statements within the meaning of applicable securities
laws. Any such projections or statements reflect the current views of the
Company about further events and financial performance. No assurances can be
given that such events or performance will occur as projected and actual results
may differ materially from these projections. The Company undertakes no
obligation to publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date of this announcement.

About Huddly AS
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in to empower human collaboration.
Combining our industry-leading expertise in artificial intelligence, software,
hardware, and UX, we craft intelligent camera systems that enable inclusive and
productive teamwork. Huddly cameras are designed to provide high-quality,
AI-powered video meetings on major platforms, including Microsoft Teams, Zoom,
and Google Meet. With upgradable software, durable hardware, and engaging user
experiences, they are the ideal choice for organizations seeking a future-proof,
scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in
Oslo, Norway, with presence in the US and EMEA and distribution globally.

More information:
Access the news on Oslo Bors NewsWeb site

658859_Huddly AS - Q3 2025 - Report.pdf
658859_Huddly AS - Q3 2025 - Presentation.pdf