Actic Group (ATIC) Q4 2025 earnings summary

Executive summary

• Achieved strong profitability growth and reduced leverage in 2025, aligning with financial targets.

• Delivered a stable Q4 with strong cash flow, increased revenue, improved profit, and achieved leverage targets.

• Net income and profitability improved both for the quarter and full year, driven by operational efficiency and portfolio optimization.

• Adjusted EBITDA for the year rose 28.1% to 89.8 MSEK compared to 2024.

• Membership base, excluding divested Norwegian sites, grew 2.4% year-over-year, with higher average members per site.

Financial highlights

• Q4 adjusted net revenue grew 6.3% year-over-year to 171.4 MSEK, excluding the impact of sold Norwegian facilities.

• Q4 EBITDA (excl. IFRS 16) increased 4.4% to 19.0 MSEK, with margin up to 11.1%.

• Full-year net revenue was 695.1 MSEK, up 0.2% from 2024.

• Cash flow from operations in Q4 was 94.4 MSEK, with period-end cash at 90.2 MSEK.

• Adjusted EBITDA (excl. one-offs from Norway sale): SEK 233.4m (33.6% margin); adjusted EBIT: SEK 85.0m.

Outlook and guidance

• Continued focus on profitability and debt reduction, with leverage maintained below target.

• No formal forecast provided; management expresses confidence in continued profitable growth and market expansion.

• Ongoing legal process regarding the Gustavsvik, Örebro contract win.