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Enento Group (ENENTO) investor relations material
Enento Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating environment remained challenging but showed early signs of improvement, with consumer confidence rising in Finland and Sweden; sales were nearly flat at -0.1% year-over-year at comparable FX rates, but up 1.3% at reported rates.
Business Insight segment grew, especially in compliance and real estate, while Consumer Insight declined slightly, reflecting market and regulatory headwinds; stabilization signs in consumer credit volumes.
Adjusted EBITDA margin declined year-over-year but improved sequentially; free cash flow and cash conversion decreased year-over-year.
No loss of strategic or large customers; customer satisfaction (NPS) remains high in both B2B and B2C segments.
Interim CEO Elina Stråhlman appointed after CEO Jeanette Jäger's departure in May 2025.
Financial highlights
Q3 2025 net sales: EUR 37.3 million, flat year-over-year at comparable FX, up 1.3% at reported rates.
Adjusted EBITDA: EUR 13.5 million, margin 36.2%, down 1.2 percentage points year-over-year.
Free cash flow: EUR 7.2 million, down 33% year-over-year due to working capital timing; cash conversion: 55.3%.
Adjusted EPS: EUR 0.30, flat year-over-year.
Net debt to adjusted EBITDA: 2.8x; cash at end of Q3: EUR 12.4 million; EUR 30 million revolving credit facility unused.
Outlook and guidance
2025 net sales expected between EUR 150–156 million; adjusted EBITDA between EUR 50–55 million, assuming stable FX rates.
Gradual macroeconomic improvement and stabilization in loan demand anticipated.
Focus remains on profitability, free cash flow, and investments in competitiveness and growth.
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