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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sileon
Sileon (SILEON) investor relations material
Sileon has been delisted
Sileon Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary28 Nov, 2025
Executive summary
Achieved a key milestone by signing an agreement with Zenny, strengthening market position in the maturing BNPL sector and expanding international customer dialogues, especially in Africa.
Transitioned to a leaner, more focused organization, with a cost base now aligned for profitable growth.
Financial highlights
Q3 2025 revenues were 0.7 MSEK, down from 6.8 MSEK in Q3 2024, mainly from transaction-based income.
EBITDA for Q3 2025 was -2.6 MSEK (Q3 2024: -13.2 MSEK); EBIT was -7.7 MSEK (Q3 2024: -18.8 MSEK).
Net result for Q3 2025 was -8.2 MSEK (Q3 2024: -18.9 MSEK); earnings per share -2.28 SEK.
Cash flow from operations before working capital changes was -3.7 MSEK for the quarter.
Cash and cash equivalents at quarter-end were 4.3 MSEK (Q3 2024: 20.9 MSEK).
Outlook and guidance
Management is optimistic about continued development and achieving set goals, but notes that available liquidity does not cover the next 12 months' needs, making further financing essential.
The company is well-positioned for profitable growth with a strong team and increasing interest in its technology.
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Latest events from Sileon
- Q2 2025 saw steep revenue decline and continued losses, with urgent need for new financing.SILEON
Q2 2025 - Sileon deepens SaaS focus, divests Payments, but faces ongoing losses and liquidity challenges.SILEONQ3 2024
- EBITDA loss narrowed and new BNPL SaaS deals signed, but liquidity risk remains elevated.SILEONQ2 2024
- Q1 2025 saw Sileon pivot to BNPL SaaS, with Omnio deal set to drive global expansion.SILEONQ1 2025
- Transitioned to a tech-focused BNPL SaaS model, with improved Q4 results but ongoing liquidity risk.SILEONQ4 2024
Sileon
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Frequently asked questions
Sileon AB, formerly known as Paynova AB, is a Swedish fintech company that offers a Buy Now Pay Later (BNPL) platform as Software as a Service (SaaS). The company provides banks, lenders, and fintech firms with the tools to integrate BNPL functionality into their existing payment systems, enabling them to offer flexible payment options to customers. Sileon's platform supports various payment methods, including credit and debit cards, as well as online banking, and is designed to be easily integrated into multiple currencies and languages. Sileon is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.