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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
eEducation Albert
eEducation Albert (ALBERT) investor relations material
eEducation Albert Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
Continuing-operations revenue grew 1% YoY, ARR rose SEK 8.4m QoQ to SEK 134.0m, and EBITDA reached break-even at SEK 0.1m.
Growth investment weighed on Q3 earnings; adjusted nine-month EBITDA improved ~SEK 10m YoY, and quarter-end cash was SEK 48.0m with no interest-bearing debt.
Financial highlights
Continuing-operations net revenue was SEK 36.7m, up 1% YoY and 5% QoQ; invoice sales rose 3% to SEK 34.6m.
Continuing-operations ARR increased SEK 8.4m QoQ to SEK 134.0m, remaining 2% below the prior year.
Continuing-operations EBITDA was SEK 0.1m versus SEK 3.8m in Q3 2025; marketing, the Welsh Sumdog launch and new venture investment weighed on the comparison.
Nine-month continuing-operations EBITDA improved to -SEK 5.7m from -SEK 7.0m; adjusted nine-month EBITDA improved ~SEK 10m YoY.
Nine-month operating cash flow was SEK 8.1m; Q3 cash flow was close to neutral and quarter-end cash was SEK 48.0m.
Outlook and guidance
Full-year 2026 targets for positive EBITDA and cash flow were reaffirmed; Q4 is seasonally the strongest quarter.
The self-funded AI learning venture for ages 7–12 is planned to launch in 2027, with initial revenue expected from existing customers.
Albert Junior marketing is being scaled market by market as cohorts demonstrate performance; Finland is progressing as planned.
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Latest events from eEducation Albert
- Sales grew 59%, EBITA losses narrowed, and positive EBITDA is targeted for 2025.ALBERT
Q4 2023 - EBITDA and cash flow improved as focus shifted to core math and AI, despite lower revenue.ALBERTQ2 2026
- Revenue declined 16% in Q1 2026, but EBITDA and cash flow improved, with strong cash reserves.ALBERTQ1 2026
- Positive EBITDA, strong cash flow, and profitable growth despite lower revenue.ALBERTQ4 2025
- First underlying EBITDA profit of SEK 3m in Q3 2025 amid restructuring and revenue decline.ALBERTQ3 2025
- Invoiced sales up 11% in Q3, but profitability declined amid higher marketing spend.ALBERTQ3 2024
- Q2 2024 saw 3% organic growth and improved EBITDA, driven by B2B and US market strength.ALBERTQ2 2024
- EBITDA loss narrowed and ARR grew 6% despite B2B headwinds and lower revenue.ALBERTQ1 2025
- Restructuring and B2B growth set the stage for profitability in 2025 despite wider losses.ALBERTQ4 2024
Next eEducation Albert earnings date
Q4 202617 Feb, 2027
eEducation Albert
Next eEducation Albert earnings date
Q4 202617 Feb, 2027
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Frequently asked questions
eEducation Albert provides digital education services worldwide. It operates an application-based education platform for children aged 3-16 years. The company offers its products under the Albert, Albert Teen, Albert English, Junior, Albert ABC, Albert Geo, and Albert Code names.