Actic Group (ATIC) Q2 2025 earnings summary

Executive summary

• Delivered a strong Q2 2025 with increased revenues, improved operating margin, and reduced leverage, aligning with financial targets.

• Membership base grew by 11.1% year-over-year; comparable sites saw a 6.6% increase.

• Completed sale of 12 Norwegian sites, now operating 97 locations, enabling debt reduction.

• Opened a new site in Uppsala and renovated a Stockholm location, enhancing customer satisfaction.

• Entered agreement to acquire a facility in Falköping post-period, supporting cluster strategy.

Financial highlights

• Net revenue rose 2.6% to SEK 174.9m compared to Q2 2024, driven by higher average price and member base.

• Adjusted EBITDA (excluding Norway sale) was SEK 21.7m, up 25.6% year-over-year; reported EBITDA SEK 53.6m.

• EBIT reached SEK 58.8m, or SEK 26.9m adjusted for one-time effects, with margin improving to 15.3% from 7.3%.

• Net income for the quarter was SEK 46.1m, up from a loss of SEK 0.9m in Q2 2024; EPS SEK 2.02.

• Cash flow from operations was SEK 77.1m, up from SEK 25.1m in Q2 2024.

Outlook and guidance

• Continued focus on product investments and customer experience to drive further membership and revenue growth.

• Selective approach to new openings or acquisitions, prioritizing cluster expansion.

• No formal forecast provided.