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Invoicery Group (FRILAN) investor relations material
Invoicery Group Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue grew 1.5% year-over-year in Q2 2025 to 473 MSEK, and 6.1% for H1 to 897 MSEK, despite a challenging labor market and ongoing recession.
EBITDA margin declined to 0.55% in Q2 (1.04% last year); H1 EBITDA margin was 0.32% (0.41%).
Net income for Q2 was 1.6 MSEK (3.3 MSEK last year); H1 net income was 1.5 MSEK (1.8 MSEK last year).
Dividend of 0.18 SEK per share was paid in Q2, as approved at the AGM.
International markets saw the highest growth, with Q2 revenue up nearly 15% year-over-year.
Financial highlights
Q2 revenue: 473 MSEK (466 MSEK last year); H1 revenue: 897 MSEK (846 MSEK last year).
Q2 EBITDA: 2.6 MSEK (4.8 MSEK); H1 EBITDA: 2.9 MSEK (3.5 MSEK).
Q2 operating income: 1.8 MSEK (4.1 MSEK); H1 operating income: 1.3 MSEK (1.8 MSEK).
Q2 EPS: 0.056 SEK (0.114 SEK); H1 EPS: 0.050 SEK (0.064 SEK).
Cash at period end: 89.9 MSEK (71.7 MSEK last year); equity ratio 18.2% (17.7%).
Outlook and guidance
Cost reduction and restructuring measures are expected to yield annual savings of 3.0 MSEK, with 1.5 MSEK per quarter realized from Q3 2025.
International expansion and centralization of support functions are expected to improve cost efficiency in H2 2025.
External costs are projected to decrease in H2 2025 as cost-saving initiatives take effect.
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