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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Mangold
Mangold (MANG) investor relations material
Mangold Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary28 Jan, 2026
Executive summary
2025 marked by the arrest of the former CEO for gross fraud, leading to a forensic investigation and restatement of financials for 2024 and 2025.
KPMG found SEK 640 million in 2025 and SEK 134 million in 2024 revenues were incorrectly recognized.
Nasdaq halted trading in shares; delisting is under review.
Daro Group remains the core business, with stable revenues and improved margins.
Financial highlights
Net sales for 2025 were SEK 98.0 million, up 4% year-over-year after restatement.
EBIT for 2025 was SEK -175.1 million (2024: SEK -15.2 million restated).
Q4 2025 EBIT margin was -346.0%; full year EBIT margin -178.6%.
Earnings per share for 2025: SEK -6.16 (2024: SEK -0.01 restated).
Cash flow from operations for 2025: SEK 55.0 million (2024: SEK -6.1 million).
Outlook and guidance
Focus on rebuilding trust, safeguarding core assets, and growing Daro Group.
Vision to be a global leader in UV dosimeters for disinfection validation.
Material uncertainty exists regarding going concern due to legal and liquidity risks.
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Next Mangold earnings date
Q1 202623 Apr, 2026
Mangold
Next Mangold earnings date
Q1 202623 Apr, 2026
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Frequently asked questions
Mangold AB is a Sweden-based financial services company that primarily operates as an independent broker and investment bank. The company specializes in serving small and medium-sized enterprises (SMEs) with a range of financial services including corporate finance, market making, equity trading, and asset management. Mangold AB provides advisory services for various transactions such as IPOs, mergers and acquisitions, and debt financing. The firm also acts as a Certified Adviser on Nasdaq First North and offers equity-related structured products, as well as instruments based on other asset classes like currencies, commodities, and fixed income. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq Stockholm.
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