Windar Photonics FY25 operating loss narrows 38.14% to EUR 1.49 million; revenue rises 68.5% to EUR 5.7 million

• Windar Photonics posted revenue of EUR 5.7 million, up 68.5% year over year.
• Operating loss narrowed to EUR 1.49 million, while loss attributable to shareholders improved to EUR 1.89 million.
• Basic and diluted loss per share narrowed to 2.0 cents; cash and cash equivalents fell to EUR 4.04 million.
• Buzzacott issued a disclaimer of opinion on the group accounts, citing limits on evidence tied to restated China-related revenue and inventory.
• Management flagged a EUR 0.6 million inventory provision linked to Chinese distributor shipments; FY26 revenue outlook set at about EUR 1.8 million.

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