Spinnova Releases 2025 Annual and Sustainability Reports, Flags Tech and Cost Improvements

Spinnova published its Annual Report 2025 on 12 February 2026, attaching the five-part document to the company release and making it available on the company’s website; "No printed copies of the reports will be made available." The Annual Report 2025 "consists of five parts", Report of the Board of Directors, Corporate Governance Statement, Remuneration Report, Financial Statements 2025 including Group Consolidated Financial Statements (IFRS) and Parent Company Financial Statements, and the Sustainability Report 2025.

The company ran a tight investor timetable around the filing. A press notice on 6 February 2026 announced that the financial statements bulletin for January–December 2025 would be published on 12 February 2026 at around 8.30 a.m. UCT+2 with presentation material posted to the investor website, followed by a virtual analyst and press webinar at 10.00 a.m. UCT+2; the formal company release carrying the Annual Report is timestamped 12 February 2026 at 1:00 p.m. UCT+2.

The headline financial details included in the distributed extracts are specific and contrasting. "Financial income was EUR 1 144 thousand (EUR 1 982 thousand) for the year ended 31 December 2025, due to positive development of the company’s current investments." By contrast, "Financial expenses were EUR -460 thousand (EUR -153 thousand) for the period that ended 31 December 2025. Financial expenses in 2025 consisted mainly of paid interest related to the Group’s interest-bearing borrowings." The Annual Report package explicitly contains the full Financial Statements 2025, including the Group Consolidated IFRS statements and the Parent Company Financial Statements for readers who want the line-by-line numbers.

Headcount and corporate moves are front and center in the report. Average personnel for January–December 2025 was 61 (previous period 68), while the total number of Spinnova Group employees on 31 December 2025 was 93 (60), including 9 (3) fixed-term employees. The company attributes the rise in Group personnel to the acquisitions of Woodspin and Suzano Finland, and the filing carries a correction/inside information note that "Following the strategic review of Woodspin Spinnova has signed a non-binding term sheet to secure full ownership of Woodspin demo plant."

Spinnova frames the filing around its technology and material story. "Spinnova is on a mission to transform the raw material base of the global textile ecosystem with its technology." The company describes SPINNOVA® fibre as "a sustainable textile fibre, created with ground-breaking patented technology, that mimics how spiders weave their webs," which "can be produced from multiple raw materials from wood to leather, textile, agricultural, food industry and beverage waste," and whose "look and feel of SPINNOVA® is similar to natural fibres such as cotton and linen." Those texture claims give the filing real retail relevance after commercial mentions such as the 25 August 2025 announcement that "JACK & JONES expands sustainable fashion offering with new SPINNOVA® fibre styles" and the H1/2025 webcast activity where CEO Janne Poranen previously commented on performance.

The governance framework and contact details are explicit and formal in the filing. "The administration and management of Spinnova Plc ("Spinnova" or the "Company") is based on the Finnish Limited Liability Companies Act (624/2006, as amended, the "Companies Act"), Finnish Securities Markets Act (746/2012, as amended, the "Securities Markets Act"), the Company’s Articles of Association and the rules and guidelines of the Nasdaq First North Growth Market Finland marketplace maintained by Nasdaq Helsinki Ltd." For further information the report lists Johanna Valkama, General Counsel, Tel. +358 20 703 2430, ir@spinnova.fi.

Taken together, the filings underline a company moving from pilot projects toward scale: the acquisitions of Woodspin and Suzano Finland, the non-binding term sheet for the Woodspin demo plant, and the five-part Annual Report with a Sustainability Report included signal operational consolidation even as financial income fell and financial expenses rose in 2025. The full Sustainability Report 2025 and the Financial Statements 2025 are available as part of the attached Annual Report package on the company’s investor website for anyone who wants the detailed KPIs behind those signals.