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Safello Group (SFL) investor relations material
Safello Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved first MICA license in Sweden, enabling EU-wide crypto services and setting a foundation for future growth.
Net turnover for Q3 2025 rose 16% year-over-year to SEK 165.7 million, with gross profit up 44% to SEK 13.4 million.
Strategic focus on product development, regulatory compliance, and international expansion, including planned entry into Finland and launch of a TAO ETP.
Financial highlights
Q3 net turnover: SEK 165.7 million (up 16% YoY); gross profit: SEK 13.4 million (up 44% YoY); gross margin: 8.1% (6.5%).
EBITDA for Q3: SEK 0.5 million (vs. -0.4 million YoY); operating loss: SEK -1.1 million (vs. -0.9 million YoY); net loss: SEK -1.1 million (vs. -0.9 million YoY).
Nine-month net turnover: SEK 490.5 million (down 7% YoY); gross profit: SEK 35.1 million (up 10% YoY); net loss: SEK -8.9 million (vs. SEK 1.9 million profit YoY).
Cash and cash equivalents at Q3 end: SEK 17.9 million (down from SEK 24.9 million at 2024 year-end).
Outlook and guidance
Positive Q4 start with expectations of continued growth, supported by new partnerships and regulatory approval.
Expansion into Finland planned before year-end, leveraging MICA license for broader EU reach.
Focus on commercializing B2B compliance software (Atoma Studio) and launching Safello-branded ETPs across Europe.
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