)
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.
Northbaze Group (NBZ) investor relations material
Northbaze Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary20 Nov, 2025
Executive summary
Q3 2025 marked a turnaround with all subsidiaries delivering positive EBITDA in September, reflecting successful cost reductions and operational improvements.
Strategic decision made to delist from Nasdaq First North Growth Market to focus on operational efficiency and reduce costs.
Financial highlights
Net sales for Q3 2025 reached 81.7 MSEK, up from 48.5 MSEK in Q3 2024; nine-month sales totaled 229.3 MSEK, up from 131.2 MSEK year-over-year.
EBITDA for Q3 2025 was 4.2 MSEK (2.1 MSEK in Q3 2024); EBIT was 0.1 MSEK (-2.4 MSEK in Q3 2024).
Net result for Q3 2025 was -1.0 MSEK, a significant improvement from -4.1 MSEK in Q3 2024.
Gross margin declined to 24% from 41% in Q3 2024, mainly due to a shift in sales mix toward lower-margin distribution and B2C segments.
Cash flow from operations for Q3 2025 was -3.2 MSEK (4.5 MSEK in Q3 2024), impacted by increased accounts receivable following strong September sales.
Outlook and guidance
Focus remains on sustainable profitability, cost control, and leveraging synergies across Nordic subsidiaries.
No detailed forecasts provided; operations are guided by long-term targets of 20% annual growth, 10% EBITDA margin, and >30% equity ratio.
Delisting: How will capital access change?
Sales mix impact on 10% EBITDA target?
Plan to improve working capital management?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Northbaze Group earnings date
Q4 202526 Feb, 2026
Next Northbaze Group earnings date
Q4 202526 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
Northbaze Group AB, formerly known as Jays Group AB, is a Swedish company that designs, develops, and markets audio and technology accessories. Its product portfolio includes headphones, earphones, speakers, and mobile accessories under brands like Jays Headphones, Krusell, and CLINT Digital. The company also offers OEM/ODM solutions and private label products for various partners. Northbaze Group's operations span across multiple regions, including Sweden, Germany, China, and Thailand. Northbaze Group AB is headquartered in Gothenburg, Sweden, and its shares are traded 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