)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
Refine Group (REFINE) investor relations material
Refine Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Net sales for Q3 2025 were 27.8 MSEK, down from 58.6 MSEK year-over-year, mainly due to divestments and fewer operating subsidiaries.
EBITDA for Q3 was -1.2 MSEK (0.6), and for the nine months -5.0 MSEK (0.1), reflecting restructuring and one-off costs.
Net result after tax for Q3 was -5.9 MSEK (-19.2), and for the nine months -11.2 MSEK (-46.7), showing improved loss reduction.
Strategic focus on cost savings, debt reduction, and capital structure improvement, including two directed share issues totaling 15 MSEK.
Launch of a new Digital Assets segment with initial Bitcoin acquisition.
Financial highlights
Gross margin improved to 41.7% in Q3 (40.1% last year), and 44.1% for the nine months (40.6%).
EBITA for Q3 was -1.3 MSEK (0.3), and for the nine months -5.6 MSEK (-0.6).
Cash flow for Q3 was 4.6 MSEK (-10.8), and for the nine months -0.9 MSEK (-23.9).
Equity at period end was 86.2 MSEK (195.0), with a balance sheet total of 156.8 MSEK (350.9).
Earnings per share for Q3 was -0.07 SEK (-0.29), and for the nine months -0.15 SEK (-0.78).
Outlook and guidance
Focus on returning to historical growth and profitability, leveraging a cost-efficient structure and strengthened customer offerings.
Expectation of further positive effects from cost reductions and restructuring, especially in Q4 2025.
Strategic emphasis on digital commerce and services for growth in 2026.
Folkhemmet accord payment schedule?
Digital Assets future capital allocation?
Which operating units drive LTM EBITDA?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Refine Group earnings date
Q4 202513 Feb, 2026
Next Refine Group earnings date
Q4 202513 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
Refine Group AB operates a diverse portfolio of digital-native lifestyle brands and digital commerce services. The company focuses on categories with low online penetration, creating opportunities for substantial growth as e-commerce continues to expand. Refine Group's ecosystem is designed to support digital transformation, offering robust technology solutions, digital marketing, and branding services. The company’s business model includes both online and omnichannel approaches, enhancing brand visibility and growth potential through a combination of digital and physical retail strategies. The company is headquartered in Stockholm, 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