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Business Summary: Bittium Oyj is a Finland-based company specialized in advanced radio communication technologies. It focuses on communications and connectivity solutions development. Its offering includes a wide range of customizable products and services divided into four categories: Tactical Communications, Secure Communications & Connectivity, Medical Technologies and R&D Services. Tactical Communications specializes in military radio and communication solutions by providing products and services for wireless and wire line tactical communications. Secure Communications & Connectivity provides communications and connectivity solutions for public safety & security, defense, healthcare and utility markets. Medical Technologies offers solutions for monitoring bio-signals in the areas of cardiology, neurophysiology, rehabilitation and occupational health. R&D Services offers technology consulting, concept strategy, turnkey product and service development, among others. The Company is active globally.
Financial Summary: BRIEF: For the six months ended 30 June 2025, Bittium Oyj revenues increased 11% to EUR42.2M. Net income decreased 35% to EUR1.5M. Revenues reflect Defense & Security segment increase of 19% to EUR25M, Engineering Services segment increase of 5% to EUR7.7M, Europe segment increase of 20% to EUR32.7M. Net income was offset by Medical segment loss totaling EUR800K vs. income of EUR200K, Defense & Security segment income decrease of 17% to EUR2M.