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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.
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Q3 2025 earnings summary14 Nov, 2025

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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Frequently asked questions

Safello Group operates a cryptocurrency brokerage platform that allows users to buy, sell, and store digital assets securely. The company offers services to individual investors and institutions, with a focus on regulatory compliance and customer support. Safello provides digital asset trading through its web platform and integrations with financial institutions. The company is headquartered in Stockholm, Sweden, and its shares are listed on the OMXSTO.

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