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Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
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Divio Technologies (DIVIO) investor relations material
Divio Technologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Net sales grew 52% year-over-year in Q3 2025, reaching KSEK 8,336, with positive EBITDA for both the quarter and year-to-date, reflecting successful sales efforts and a shift to an agency-focused strategy.
The company closed a SEK 9.6m equity and convertible debt financing and announced a strategic partnership with Zühlke, as well as an expanded collaboration with a Swiss healthcare client post-quarter.
The agency strategy rollout increased the number of active agencies from 12 to 44, with early signs of agencies upgrading to higher-value enterprise models.
Financial highlights
Q3 2025 net sales: KSEK 8,336 (up 52% year-over-year); subscription revenue: KSEK 6,382 (up 22%); professional services revenue: KSEK 1,954 (up 630%).
Year-to-date net sales: KSEK 25,019 (up 60%); EBITDA: KSEK 240 (improved from -8,804); EBIT: KSEK -4,351 (improved from -13,520).
Cash position at period end: KSEK 8,298 (up from 1,201 year-over-year).
MRR at end of Q3: KUSD 213 (up 2% year-over-year, flat sequentially).
Outlook and guidance
Management expects more normalized cash flow as customer prepayment periods end in December, with continued focus on achieving cash flow neutrality.
The agency strategy is expected to drive gradual and stable MRR growth, with Switzerland as the initial focus and plans to expand into the DACH and Scandinavian regions.
How will agency strategy impact MRR growth?
Post-December cash flow outlook
Sustainability of professional services growth
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Next Divio Technologies earnings date
Q4 202511 Feb, 2026
Next Divio Technologies earnings date
Q4 202511 Feb, 2026
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Frequently asked questions
Divio Technologies AB develops software platforms that allows businesses and organizations to build, operate, and maintain complex websites in a cloud-based infrastructure. The company's software platforms comprise front-end technologies based on Web applications framework, API frameworks and cloud-based multi-tenant software platforms typically used by large enterprises for their own business websites. Divio Technologies AB is based in Stockholm, Sweden.
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