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Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Wolftank Group (WAH) investor relations material
Wolftank Group Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary26 Nov, 2025
Executive summary
Q3 2025 sales increased 7.6% year-over-year to EUR 29.9 million, with an operational turnaround and adjusted EBITDA of EUR 1.1 million.
High order backlog of EUR 150 million supports continued growth and strategic initiatives.
Streamlined organizational structure and exit from Latin America, with a positive one-time deconsolidation effect of EUR 1.1 million.
Financial highlights
Q3 2025 adjusted EBITDA reached EUR 1.1 million; including one-time effects, EBITDA was EUR 2.2 million (Q3 2024: EUR 2.3 million).
First nine months 2025 sales were EUR 90.7 million, up from EUR 89.8 million year-over-year.
Adjusted EBITDA for 1-9/2025 was EUR 1.0 million; adjusted EBIT was EUR -2.9 million.
One-time provision of EUR 2.5 million for a legal ruling in Italy impacted results.
Without one-time effects, 1-9/2025 EBITDA was EUR -0.5 million (1-9/2024: EUR 7.0 million); EBIT was EUR -4.3 million (1-9/2024: EUR 2.3 million).
Outlook and guidance
2025 revenue forecast confirmed at EUR 121–123 million, with adjusted EBITDA expected between EUR 1.5–3.0 million.
Focus on new growth areas: battery recycling, PFAS decontamination, and automated tank remediation.
Bridge to full-year adjusted EBITDA forecast?
New growth areas impact on segment mix?
Backlog conversion rate for 2026 revenue?
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Next Wolftank Group earnings date
Q4 202522 May, 2026
Next Wolftank Group earnings date
Q4 202522 May, 2026
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