Careium (CARE) investor relations material

Executive summary

• Q3 net sales rose 21.6% to SEK 259.9m; EBIT margin expanded to 10.3% from 6.7%, and profit for the period reached SEK 20.3m.

• Growth continued across all markets, with service sales up 27.2%; connections to alarm receiving centres increased 8.3% to 344,500.

Financial highlights

• Q3 sales growth was 19.9% adjusted for currency effects; Jan–Sep sales rose 17.3% to SEK 730.8m.

• Q3 gross margin improved to 45.0% from 44.2%; Jan–Sep gross margin was 43.6% versus 44.0%.

• Q3 EBIT rose 86.2% to SEK 26.7m and EBITDA increased to SEK 47.0m from SEK 31.8m; Jan–Sep EBIT rose 32.5% to SEK 54.3m.

• Q3 profit rose to SEK 20.3m from SEK 8.6m; EPS was SEK 0.84 versus SEK 0.32. Jan–Sep profit was SEK 39.5m and EPS SEK 1.55.

• Q3 operating cash flow was SEK 28.7m and free cash flow SEK 13.6m; Jan–Sep free cash flow was SEK 4.4m. Higher working capital affected quarterly free cash flow.

Outlook and guidance

• Priorities include expanding market reach and customer relationships, improving operational efficiency, and scaling a unified European offering of technology-enabled services with a human touch.

• Increased development spending is intended to make the platform more scalable.