Blick Global Group (BLICK) Q3 2025 earnings summary

Executive summary

• Transitioned to a focused investment company with low fixed costs and high flexibility, emphasizing value creation and digital growth sectors.

• Completed a successful sale of CoreWeave, generating a profit of 3.84 MSEK (145% gain), and restructured the portfolio to two strategic holdings: Klarna Group plc and eEquity SPV Prisjakt AB.

• Leadership changes: Rickard Vikström appointed CEO, Victor Jerlin as Chairman, ensuring operational continuity.

• Cash position at 6.5 MSEK as of October 16, 2025, supporting future investments.

Financial highlights

• Q3 2025 revenue: 0 KSEK (vs. 0 KSEK Q3 2024); 9M 2025 revenue: 0 KSEK (vs. 224 KSEK 9M 2024).

• Q3 2025 EBITDA: -239 KSEK (vs. -424 KSEK Q3 2024); 9M 2025 EBITDA: -535 KSEK (vs. -1,132 KSEK 9M 2024).

• Q3 2025 EBIT: -239 KSEK (vs. -424 KSEK Q3 2024); 9M 2025 EBIT: -535 KSEK (vs. -1,132 KSEK 9M 2024).

• Q3 2025 EPS: 0.28 SEK (vs. -0.04 SEK Q3 2024); 9M 2025 EPS: 0.26 SEK (vs. -0.13 SEK 9M 2024).

• 9M 2025 net result: 3,346 KSEK (vs. -1,104 KSEK 9M 2024), driven by CoreWeave divestment.

Outlook and guidance

• Focus remains on investments in AI, fintech, and digital transformation, targeting unlisted growth companies.

• Portfolio fully funded by internal cash, with significant opportunities for further development.