)
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.
Nordic LEVEL Group (LEVEL) investor relations material
Nordic LEVEL Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Achieved strongest Q3 to date with net sales of 75.2 MSEK, up 8.7% year-over-year, and first-ever positive adjusted EBITDA in a third quarter at 0.1 MSEK, reflecting improved operational efficiency and project execution.
Nine-month net sales rose 5% to 277.1 MSEK, with adjusted EBITDA at 4.9 MSEK, up from 0.5 MSEK last year, and net loss after tax reduced to -12.0 MSEK from -15.3 MSEK.
Order backlog increased 7% to 95.7 MSEK and offer stock grew 16% to 446.7 MSEK, indicating strong future demand.
Discussion centers on advancing to the next level in market positioning and investor targeting, with emphasis on maintaining focus and clarity in strategic direction for the upcoming period.
Financial highlights
Q3 net sales: 75.2 (69.2) MSEK; adjusted EBITDA: 0.1 (-4.1) MSEK; adjusted EBIT: -3.4 (-8.3) MSEK.
Q3 net result after tax: -6.2 (-13.7) MSEK; EPS: -0.03 (-0.07) SEK.
9M net sales: 277.1 (263.8) MSEK; adjusted EBITDA: 4.9 (0.5) MSEK; adjusted EBIT: -6.6 (-11.5) MSEK.
9M net result after tax: -12.0 (-15.3) MSEK; EPS: -0.06 (-0.08) SEK.
Q3 operating cash flow before working capital: -3.8 (-5.4) MSEK; after working capital: -6.8 (7.4) MSEK.
Outlook and guidance
Plans to target higher-end market segments and investors are highlighted as a key strategic focus, with November identified as a period of concentrated effort and focus.
No formal forecast for 2025; management expects continued improvement in profitability and efficiency, with a strong pipeline and focus on realizing project potential in Q4.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Nordic LEVEL Group earnings date
Q4 202519 Feb, 2026
Next Nordic LEVEL Group earnings date
Q4 202519 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
Nordic LEVEL Group AB is a comprehensive provider of safety and security solutions, operating primarily in the Nordic region. The company focuses on three core areas: advisory, technology, and operations, delivering services that ensure clients' safety and security. Their offerings include advanced digital and physical security solutions such as access control, video surveillance, and fire alarms, as well as advisory services in security risk management. The company is headquartered in Sundbyberg, Sweden, and its shares are listed on the Nasdaq Stockholm.
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