Freetrailer Group (FREETR) Q3 24/25 earnings summary

Executive summary

• Achieved 1.48 million rentals in the last 12 months, surpassing 1.5 million in April 2025, a 50% increase in bookings in under 18 months.

• Q3 revenue grew 25.9% year-over-year to DKK 28.3 million; EBITDA more than doubled to DKK 3.0 million.

• Upgraded full-year guidance: revenue DKK 126–130 million, EBITDA DKK 25–28 million.

• Rental portfolio expanded to 5,473 units, with over 300 new units on order.

• Share buyback program of up to DKK 20 million initiated to optimize capital structure.

Financial highlights

• Net revenue for Q3: DKK 28.3 million, up 25.9% year-over-year; YTD revenue DKK 89.8 million, up 21.1%.

• EBITDA for Q3: DKK 3.0 million, up 122.2% year-over-year; YTD EBITDA DKK 17.4 million, up 34.4%.

• Profit before tax for Q3: DKK 1.4 million, up 42.6% year-over-year; YTD profit before tax DKK 14.3 million.

• EPS YTD: DKK 1.10, up from DKK 0.87 last year.

• Cash and cash equivalents at quarter-end: DKK 41.4 million.

Outlook and guidance

• Upgraded FY 2024/2025 guidance: revenue DKK 126–130 million (previously DKK 123–128 million), EBITDA DKK 25–28 million (previously DKK 23–28 million).

• Continued focus on expanding rental portfolio and market share, especially in Germany and the Netherlands.