TapTravel Nordic
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TapTravel Nordic (TAPTRAVEL) investor relations material

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TapTravel Nordic Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary27 Feb, 2026

Executive summary

  • 2025 marked a year of strategic repositioning, focusing on cost optimization and a shift toward higher-margin private B2B business.

  • Public sector business provided stability, while private B2B segment showed accelerated growth and improved business mix.

  • Over 80% of transactions are now digital, enhancing scalability and efficiency.

  • Comprehensive cost reduction program initiated, with SEK 20 million in annual savings expected to materialize from Q2 2026.

Financial highlights

  • Full-year revenue was SEK 823.8 million, down from SEK 877.2 million year-over-year.

  • EBITDA for 2025 was SEK 25.9 million, a significant decrease from SEK 44.9 million in 2024.

  • Operating result for 2025 was a loss of SEK 11.8 million, improved from a loss of SEK 65.9 million in 2024.

  • Net loss for the year was SEK 54.2 million, compared to SEK 71.2 million in 2024.

  • Cash and cash equivalents at year-end were SEK 6.2 million, down from SEK 11.7 million.

Outlook and guidance

  • 2026 expected to benefit from structural improvements, with enhanced profitability and cash flow.

  • Full impact of cost savings to be realized from Q2 2026, supporting margin expansion.

  • Continued focus on growing private B2B segment and leveraging digital platforms for scalability.

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