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Doro (DORO) investor relations material
Doro Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary26 Nov, 2025
Executive summary
Net sales increased by 13.8% in Q3 2025 to SEK 247.7 million and by 13.1% for Jan–Sep 2025 to SEK 700.2 million compared to the same periods last year.
Gross margin improved to 51.4% in Q3 and 50.4% for Jan–Sep, driven by favorable product mix and currency effects.
Operating profit (EBIT) declined by 9.2% in Q3 and 10.0% for Jan–Sep, impacted by higher marketing and one-time costs.
Profit after tax for Jan–Sep was SEK 25.0 million, down from SEK 44.5 million year-over-year.
Order backlog at the end of Q3 was SEK 137.2 million, up 73.5% year-over-year.
Financial highlights
EBITDA for Q3 was SEK 37.3 million (down 7.9% year-over-year); Jan–Sep EBITDA was SEK 68.9 million (down 5.4%).
Free cash flow in Q3 was SEK -13.5 million, and for Jan–Sep SEK -55.2 million, mainly due to high inventory and working capital needs.
Equity/assets ratio stood at 56.8% at the end of Q3.
Earnings per share for Jan–Sep was SEK 1.03, down from SEK 1.83 year-over-year.
Outlook and guidance
Continued focus on expanding connectivity offerings and launching new product ranges, with expectations of recurring revenue streams.
Anticipates further commercial milestones in Q4 and ongoing adaptation to market and technology shifts.
What is the plan to improve free cash flow?
What is the timeline for Doro connect revenue?
CEE sales recovery post-restructuring?
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Q4 202512 Feb, 2026
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Frequently asked questions
Doro AB is a Swedish company that develops products and services for seniors. Doro creates easy-to-use mobile phones and phone applications that are intuitive, convenient to use, and above all simple. The company offers cordless telephones and fixed line phones under the Doro brand; mobile phone and smartphone products in North America through partners; and service solutions, such as emergency response alarms, emergency alert systems, medication reminder systems, and home care products on a subscription basis to residential care homes worldwide. Doro AB was founded in 1974 and is headquartered in Malmö, Sweden.
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