Logotype for Carasent

Carasent (CARA) investor relations material

Carasent Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Carasent
Q3 2025 earnings summary16 Oct, 2025

Executive summary

  • Achieved 16% organic ARR growth in Q3 2025, with over 90% recurring revenue and net revenue retention of 111%.

  • Q3 2025 revenue reached SEK 82.2 million, up 27% year-over-year, with EBITDA margin at 29% and EBITDA of SEK 23.6 million.

  • Margin expansion and profitability driven by cost control, efficiency improvements, and strong subscription-based revenue growth.

  • Major development projects and new modules launched in Germany, Sweden, and Norway, with key implementations expected in Q4.

  • Net income was SEK 14.1 million, reversing a loss of SEK -2.0 million in Q3 2024.

Financial highlights

  • ARR at quarter end was SEK 335 million, with 16% organic ARR growth and 27% total ARR growth year-over-year.

  • Subscription-based revenue grew 33% year-over-year; gross profit margin stable at 85%.

  • EBITDA margin reached 29% (no adjustments); EBITDAC improved significantly year-over-year.

  • Free cash flow for Q3 2025 was SEK -9.0 million, impacted by working capital and investments.

  • Share buyback program spent SEK 70 million, repurchasing over 3% of shares; cash balance at SEK 170–173 million.

Outlook and guidance

  • Q4 performance depends on timely implementation of major projects, with risk of revenue delay if not completed.

  • Financial targets for 2025 reaffirmed: revenue SEK 345–350 million, EBITDA ~SEK 75 million, EBITDAC ~SEK 35 million.

  • Continued investment in German market and AI solutions, with focus on cost control and efficiency gains.

  • Price increases planned slightly above inflation, with variations by contract type.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Carasent earnings date

Logotype for Carasent
Q4 202512 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Carasent earnings date

Logotype for Carasent
Q4 202512 Feb, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Carasent ASA is a Norwegian investment management company that provides cloud-based software solutions to the healthcare industry in the Nordic region. The Company is an open platform for application developers, asset owners and its own portfolio of hospitals. Carasent has footprint within Norway, Sweden, Finland and Denmark. Carasent develops software for managing medical records in a digital manner. The company is based in Olso, Norway.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage