BuddyPro Group (BUDDY) Q2 2025 earnings summary

Executive summary

• New CEO Tahero Nori appointed following the acquisition of BuddyPro AB, with a strategic focus on digitalizing service companies in Europe.

• BuddyPro AB acquired for approximately 199.7 MSEK, paid via a directed share issue, resulting in about 95% dilution for existing shareholders.

• The company completed a conditional approval for continued listing on NGM and published a new company description post-acquisition.

• The annual general meeting decided on no dividend, approved the new board, and granted discharge from liability to the board and CEO.

Financial highlights

• Net sales for Q2 2025 were 0.0 MSEK, unchanged year-over-year.

• Operating loss for Q2 2025 was -0.9 MSEK, compared to -0.8 MSEK in Q2 2024.

• Result after financial items for Q2 2025 was -1.1 MSEK, versus -0.1 MSEK in Q2 2024.

• Equity at period end was 9.4 MSEK, down from 16.3 MSEK a year earlier.

• Cash and cash equivalents at period end were 68 KSEK.

Outlook and guidance

• Strategic focus on organic growth and further development of BuddyPro, aiming to expand platform functionality and market reach.

• Vision to establish BuddyPro as the operating system for the European service market.