)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
GN Store Nord (GN) investor relations material
GN Store Nord Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved 1% organic revenue growth (excluding wind-down), led by strong performance in Hearing and Gaming, while Enterprise faced challenges due to EMEA market uncertainty; reported organic growth was -1% due to wind-down effects.
EBITA margin was 11% in Q3 2025, down from 13.3% in Q3 2024, with free cash flow (excl. M&A) of DKK 410 million, reflecting strong cost focus and operational execution.
Leverage improved to 4.0x from 4.3x year-over-year, supported by new financing arrangements and healthy cash flow.
Recent product launches (Vivia, Enzo, Arctis Nova Elite) received positive market feedback and are expected to support future growth.
Financial highlights
Group revenue for Q3 2025 was DKK 4,060 million, with gross profit at DKK 2,155 million and gross margin of 54.4%, down 0.4pp year-over-year.
EBITA was DKK 435 million, margin at 11.0%; free cash flow (excl. M&A) was DKK 410 million, driven by earnings and working capital improvements.
Net interest-bearing debt decreased to DKK 9.4 billion, leverage at 4.0x.
Divisional profit margins: Hearing 34.2%, Enterprise 33.8%, Gaming 8.6% (excluding wind-down).
Earnings per share (EPS) was DKK 0.50 (Q3 2024: DKK 1.86); equity ratio at 29%.
Outlook and guidance
2025 guidance confirmed: organic revenue growth (excluding wind-down) of -2% to +2%, EBITA margin of 11–13%, and free cash flow (excl. M&A) of DKK 800 million.
Wind-down expected to negatively impact reported organic revenue growth by approximately 3 percentage points.
Management expects gradual improvement in Enterprise and continued strong performance in Hearing into Q4.
Timeline for 2.0x leverage, including asset sales
Remaining tariff exposure post-2025 diversification
Strategic impact of Enterprise headset platform
Enterprise Europe market recovery outlook
Gaming tariff impact mitigation strategy
Jabra Enhance strategic options assessment
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next GN Store Nord earnings date
Q4 20256 Feb, 2026
Next GN Store Nord earnings date
Q4 20256 Feb, 2026
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
GN Store Nord A/S develops, manufactures, and markets hearing instruments, hearing aid accessories and solutions, and other products primarily for professional and consumer use in the GN Audio business segment. It offers the GN Cruizer hearing instrument, which is characterized by the company as an easy-to-use device that takes up less space, improves the quality of sound to the user during listening situations, and connects to multiple GN audio devices; and Ventia hearing instruments that include different types of hearing instruments (hearing aids and acoustic loop systems). It also provides GN 360° is a wireless communication platform that facilitates audio transmission between medical staff, patients and equipment. Further, the company provides its products through a network of authorized dealers located across Europe.
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