)
Edge16 Aug 2024
The Småland Spirit: How Rural Sweden Birthed Giants Like IKEA
Discover how The Småland Spirit turned a historically poor region into a hub of industrial success, spawning success stories like IKEA and Husqvarna.
Fortnox (FNOX) investor relations material
Fortnox has been delisted
Fortnox Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2025 earnings summary24 Apr, 2025
Executive summary
Achieved 25% organic growth and 33% EBIT growth in Q1 2025, with net sales of SEK 563 million and EBIT of SEK 246 million.
Surpassed the average revenue per customer (ARPC) target, reaching SEK 304, meeting a key five-year financial goal.
Financial services emerged as the fastest-growing segment, with significant traction in factoring and business card usage.
Customer base grew to 612,000, up from 556,000 year-over-year, though growth was slightly below the previous year due to prior acquisitions.
Board recommended acceptance of a public offer from EQT X and First Kraft AB at SEK 89.75 per share.
Financial highlights
Net sales increased by 21% year-over-year to SEK 563 million; organic net sales up 25%.
EBIT increased to SEK 246 million from SEK 185 million, with a 44% EBIT margin (up from 40%).
Profit after tax grew 41% to SEK 210 million; EPS before and after dilution was SEK 0.34.
Free cash flow, adjusted for lending and acquisition, grew by 57% in Q1 to SEK 171 million.
Cash and cash equivalents at period end were SEK 896 million, up from SEK 377 million.
Outlook and guidance
Continued focus on strategic changes aligned with a new long-term direction, emphasizing organic growth and expanding financial services.
ARPC target of SEK 300 achieved; customer number target expected to fall short, but combined five-year growth strategy targets are expected to be met.
How did Boardeaser/VisualBy affect net sales?
Why did subscription customer growth slow?
Explain the impact of Mynt AB warrants.
Payments strategy: Where is the focus for next year?
What drove Q1's lower employee cost growth?
Update on international expansion strategy
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Fortnox is a web-based financial administration service that uses cloud computing to make bookkeeping and invoicing simple. Fortnox’s cloud based software offers a holistic solution to financial administration, which includes functions such as invoice and order handling, project management, warehouse management and accounting. The financial information of the company is collected in a single place to present an overview of the operations in real time. Notifications can be customized and information can be published on the internet site or intranet of the organization.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage