Arctic Blue Beverages (ARCTIC) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 increased 14% year-over-year to SEK 1,141 thousand, driven by new product launches and expanded e-commerce reach.

• Net result improved to SEK -3,391 thousand from SEK -3,967 thousand year-over-year, aided by positive exchange rate differences.

• Nightwish Gin and Arctic Blue Long Drink products contributed to growth, while Alko monopoly sales declined but were offset by on-trade and travel retail segments.

• The company expanded its webshop to five new European countries and launched new product flavors.

• Multiple international awards were received for product quality, including a Double Gold for Arctic Blue Gin Rose.

Financial highlights

• Revenue: SEK 1,141 thousand (Q1 2024: SEK 995 thousand), up 14% year-over-year.

• EBITDA: SEK -3,204 thousand (Q1 2024: SEK -3,132 thousand).

• EBIT: SEK -3,556 thousand (Q1 2024: SEK -3,693 thousand).

• Net result: SEK -3,391 thousand (Q1 2024: SEK -3,967 thousand).

• Cash and cash equivalents at period end: SEK 228 thousand.

Outlook and guidance

• Management expects the e-commerce platform to gain traction by summer, with new products and on-trade activations supporting future growth.

• The company aims to strengthen equity and improve profitability, focusing on international expansion and product innovation.