PRFoods (PRF1T) Q3 25/26 earnings summary

Executive summary

• Revenue for Q3 2025/2026 was EUR 3.2 million, down 14% year-over-year; nine-month revenue was EUR 11.9 million, down 21% year-over-year.

• Net loss for Q3 was EUR -0.9 million (Q3 2024/2025: EUR -0.5 million); nine-month net loss was EUR -2.4 million (9M 2024/2025: EUR -0.9 million).

• Results were impacted by weak consumer demand, higher raw material prices, and increased finance costs from restructured debt.

• UK remains the dominant market, accounting for 87% of sales; Estonian sales dropped nearly 65% year-over-year.

• Management is focused on efficiency, cost control, and capital structure improvement amid ongoing restructuring.

Financial highlights

• Q3 gross profit was EUR 0.4 million, down 37% year-over-year; nine-month gross profit was EUR 2.1 million, down 34%.

• Q3 EBITDA was EUR -0.3 million (Q3 2024/2025: EUR -0.1 million); nine-month EBITDA was EUR -0.5 million (9M 2024/2025: EUR 0.6 million).

• Operating loss for Q3 was EUR -0.5 million; nine-month operating loss was EUR -0.8 million.

• Finance costs for the quarter were EUR 0.4 million; nine-month finance costs totaled EUR 1.6 million.

Outlook and guidance

• Market uncertainty and weak demand are expected to persist into Q4.

• Management continues to prioritize operational efficiency, cost control, and financial restructuring.