Adverty (ADVT) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 86% YoY to SEK 13.76m; EBITDA was SEK 4.02m and net income SEK 1.02m, extending a run of quarterly EBITDA profitability.

• YTD net sales reached SEK 34.49m, exceeding FY2025 net sales of SEK 33.68m; YTD net loss narrowed to SEK 1.24m from SEK 14.88m.

Financial highlights

• Q3 total revenue was SEK 14.16m vs SEK 7.47m YoY; YTD total revenue was SEK 35.71m vs SEK 21.55m.

• Q3 EBITDA was SEK 4.02m vs a SEK 1.10m loss YoY; YTD EBITDA was SEK 7.76m vs a SEK 6.16m loss.

• Q3 EBIT was SEK 1.65m vs a SEK 3.28m loss; YTD EBIT was SEK 0.77m vs a SEK 12.53m loss.

• Q3 net income was SEK 1.02m vs a SEK 4.04m loss; YTD net loss was SEK 1.24m vs SEK 14.88m.

Outlook and guidance

• Average daily earnings in USD so far in Q4 were ~20% above the comparable prior-year period; October growth was 15% YoY and the first eight days of November were up 27%.

• Depreciation is expected to decline substantially from 2027 as the current high-depreciation year concludes, supporting reported earnings.

• Priorities remain growing programmatic sales, optimizing existing inventory yield, disciplined costs and product development.