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EYE World (EYEW) investor relations material
EYE World Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary3 Nov, 2025
Executive summary
Surpassed one million active subscribers, reflecting strong demand for digital privacy and cybersecurity services.
Completed acquisition of Safestate AB and signed SPA for a UK-based SaaS cybersecurity company, expanding international presence.
Entered a five-year agreement with Miss Group valued at SEK 310 million, strengthening recurring revenue base.
Signed new partnerships with major telecom operators in Scandinavia, supporting Nordic expansion.
Financial highlights
Q3 2025 net sales: KSEK 11,172 (KSEK 6,079), up 84% year-over-year.
Q3 2025 EBITDA: KSEK 4,119 (KSEK 563); adjusted EBITDA: KSEK 5,217 (KSEK 1,838).
Q3 2025 result: KSEK -5,301 (KSEK 1,343); would have been positive at MSEK 1.9 under IFRS.
January–September 2025 net sales: KSEK 29,814 (KSEK 15,583), up 91% year-over-year.
January–September 2025 EBITDA: KSEK 10,211 (KSEK 1,301); adjusted EBITDA: KSEK 14,054 (KSEK 5,615).
January–September 2025 result: KSEK -10,745 (KSEK -3,435); would have been positive at MSEK 3.8 under IFRS.
Cash and bank balances as of 30 September 2025: KSEK 19,128 (KSEK 6,170).
Equity as of 30 September 2025: KSEK 154,191 (KSEK 62,189).
Outlook and guidance
Focus on delivering signed agreements, onboarding new partners, and expanding product portfolio.
Board considering transition to IFRS for more accurate profitability representation.
Ongoing negotiations for further acquisitions and new partnerships in the Nordics and Europe.
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