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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.
Novaturas
Novaturas (NTU1L) investor relations material
Novaturas Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Served 191,000 travellers in 2025, a 20% decrease year-over-year; revenue declined 16.1% to EUR 168 million.
Adjusted EBITDA turned positive at EUR 420 thousand, up from negative EUR 449 thousand in 2024.
Net loss reduced by 39% to EUR 1.17 million, excluding prior year’s EUR 5.7 million goodwill impairment.
Focused on profitability by reducing volumes, optimizing travel programs, and improving operational efficiency.
Early bookings for summer 2026 up 59% year-over-year, with new destinations added.
Financial highlights
Revenue for 2025: EUR 168.5 million, down 16% year-over-year.
Gross profit: EUR 19.7 million, down 5% year-over-year.
Adjusted EBITDA: EUR 420 thousand (2024: EUR -449 thousand).
Net loss: EUR 1.17 million, improved from EUR 7.6 million loss in 2024.
Earnings per share: EUR -0.15 (2024: EUR -0.97).
Outlook and guidance
2026 travel program planned at similar or slightly higher levels.
Continued focus on profitability, operational and cost efficiency, and expanding hotel portfolio.
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Next Novaturas earnings date
Q2 202619 Aug, 2026
Novaturas
Next Novaturas earnings date
Q2 202619 Aug, 2026
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Frequently asked questions
Novaturas AB is a leading tour operator in the Baltic States, offering a variety of travel services primarily in Lithuania, Latvia, and Estonia. The company's operations are divided into several segments, including flight packages, sightseeing tours by plane or coach, and other travel-related services. Novaturas AB provides both summer and winter holiday packages, and offers flights, hotel accommodations, and other related services. Their offerings are available through a network of retail travel agencies, direct sales channels, and an e-commerce platform. The company is headquartered in Kaunas, Lithuania, and its shares are listed on the NASDAQ.
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