Freetrailer Group (FREETR) Q4 24/25 earnings summary

Executive summary

• Achieved record financial results for 2024/2025, with strong growth across all markets and new rental records set monthly.

• Expanded to over 1,600 locations in five countries, with a 50% increase in partners to 225 and nearly 6,000 rental products.

• App user base surpassed 800,000 by mid-August 2025, with expectations to reach 1 million soon.

• Netherlands launch executed successfully, contributing significant growth and validating the scalable business model.

• Completed a DKK 20 million share buyback in Q4, acquiring 248,498 shares.

Financial highlights

• Q4 net revenue: DKK 39.6 million, up 25.0% year-over-year; full-year revenue: DKK 129.5 million, up 22.2%.

• Q4 EBIT: DKK 10.9 million, up 125.7% year-over-year; full-year EBIT: DKK 25.0 million, up 62.3%.

• Q4 EBITDA: DKK 33.2 million (includes DKK 23.4 million lease accounting change); normalized EBITDA: DKK 9.8 million.

• Profit before tax for the year: DKK 23.6 million, up 51.2%; profit after tax: DKK 17.8 million.

• EPS: DKK 1.89, up 50.8% year-over-year.

Outlook and guidance

• 2025/2026 revenue expected at DKK 145–155 million; EBIT expected at DKK 20–28 million.

• Plans to add over 1,000 new rental products, double presence in Germany, and maintain rental volumes in Denmark.

• Continued investment in IT platform and international expansion.