KEMPOWRNasdaq HelsinkiElectrical Equipment & PartsIFRS · EUR

Kempower Oyj

Kempower is a Finnish company specializing in electric vehicle (EV) charging solutions, focusing on DC fast charging technology. The company aims to facilitate the transition to cleaner energy by providing scalable and efficient charging solutions for various customer segments. Kempower's strategic focus is on expanding its market presence globally while maintaining a strong emphasis on innovation and customer satisfaction. The company is committed to achieving significant revenue growth and operational profitability in the medium to long term.

Revenue251m EUR
+12.3 %y/y
Operating profit (EBIT)-14.3m EUR
+50.4 %y/y
EBIT margin-5.7%
+7.2 ppy/y
Net income-12.4m EUR
+46.6 %y/y
Free cash flow-4.8m EUR
+88.5 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-200,0000200,000400,000600,000800,0001,000,000m EUR2021: EBIT 846,063 m EUR20212022: 0.03 m EUR2022: EBIT 4.4 m EUR20222023: 284 m EUR2023: EBIT 41 m EUR20232024: 224 m EUR2024: EBIT -29 m EUR20242025: 251 m EUR2025: EBIT -14 m EUR2025TTM 2026: 281 m EURTTM 2026: EBIT -10 m EURTTM281-10
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
DC Fast Charging Solutions50 %

Includes high-speed charging solutions for electric vehicles.

Charging Management Software20 %

Software solutions for managing and optimizing charging networks.

Modular Charging Systems15 %

Flexible charging systems that can be adapted to various needs.

Dynamic Power Distribution10 %

Technology for efficient power allocation across charging stations.

Customizable Charging Stations5 %

Charging stations tailored to specific customer requirements.

Customers

Kempower's customer base includes charging operators, retailers, and businesses that require efficient EV charging solutions. Charging operators are a primary segment, as they manage and operate charging networks, relying on Kempower's solutions to optimize capital expenditure and increase total returns. Retailers and other businesses use Kempower's customizable solutions to enhance their service offerings and attract EV-driving customers. The company's dynamic power distribution technology is particularly appealing to customers looking to maximize efficiency and return on investment.

Charging Operators

Purchase charging solutions to manage and operate networks efficiently.

Retailers

Use customizable charging stations to attract EV-driving customers.

Businesses

Require scalable and efficient charging solutions for operations.

Strategy

Kempower's strategic priorities include achieving a revenue target of €750 million by 2028 and maintaining an operational profit margin of 10-15% in the medium term. The company is focused on expanding its global market presence, particularly in Europe and North America, while enhancing its product offerings through continuous innovation. Kempower plans to update its strategic goals in 2026 to align with evolving market demands and technological advancements. The company is also committed to supporting the transition to cleaner energy solutions.

Revenue GrowthMedium term

To reach €750 million by 2028 and expand market presence.

Operational ProfitabilityMedium term

To maintain a 10-15% profit margin and ensure financial stability.

Product InnovationLong term

To meet evolving customer needs and maintain competitive edge.

Geography

Q4/2025

Kempower operates globally, with a strong presence in the Nordics and expanding markets in Europe, North America, and the APAC & MEA regions. The company reports significant growth in order intake from regions outside the Nordics, particularly in Europe and North America. Kempower's strategic expansion into these regions is driven by the increasing demand for EV charging infrastructure. The company's global operations expose it to various market dynamics and supply chain challenges, which it manages through strategic planning and risk management processes.

Pohjoismaiden ulkopuolinen Eurooppa52 %
Nordic Countries24 %
Asia Pacific & Middle East and Africa13 %
North America12 %

Share of the revenue the company reports by geography.

Risks

Kempower faces several risks, including macroeconomic fluctuations, supply chain disruptions, and rapid technological changes in the EV market. The company is exposed to global market dynamics, which can affect demand and supply chain stability. Potential design flaws and delays in product development could negatively impact business operations. Kempower mitigates these risks through continuous investment in R&D and quality assurance processes. Additionally, geopolitical tensions and regulatory changes in key markets pose potential challenges.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Supply Chain Disruptions1Regulatory Changes2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Supply Chain DisruptionsImpact: HighLikelihood: High

    Global operations expose Kempower to supply chain risks.

  2. Regulatory ChangesImpact: MediumLikelihood: Low

    Changes in regulations can impact market access and operations.

  3. Technological ChangesImpact: Medium

    Rapid changes in EV technology require constant innovation.

Accounting

Judgemental items
Alternative Performance Measures

Provide additional insights into business performance.

Impact: May not be comparable with other companies

Revenue Growth Metrics

Illustrate the company's volume development.

Impact: Affected by seasonality and market fluctuations

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026