Goobit Group (BTCX) Q3 25/26 earnings summary

Executive summary

• Net sales for Q3 2025/2026 were 107.6 MSEK, down from 186.4 MSEK year-over-year, with operating profit at -2.6 MSEK compared to 0.8 MSEK last year.

• Strategic partnership with BitGo Europe GmbH and onboarding of a new Nordic banking partner enhanced infrastructure and payment capabilities.

• Strong OTC activity in BTCX Private Banking, processing approximately 480 BTC (~EUR 31 million) since the start of 2026.

• Rebranding and platform upgrades, including Swish integration, improved user experience and operational efficiency.

• M&A and partnership initiative launched to strengthen the Nordic crypto market ahead of MiCA implementation.

Financial highlights

• Q3 net sales: 107.6 MSEK (186.4 MSEK prior year); operating profit: -2.6 MSEK (0.8 MSEK); EPS: -0.007 SEK (0.002 SEK).

• Nine-month net sales: 180.5 MSEK (267.9 MSEK); operating profit: -8.1 MSEK (-5.5 MSEK); EPS: -0.01 SEK (-0.01 SEK).

• Gross profit for Q3: 2.0 MSEK (6.4 MSEK); EBITDA: -1.8 MSEK (1.9 MSEK).

• Operating expenses and personnel costs decreased by 17% year-over-year in Q3.

• Liquid assets at period end: 3.1 MSEK (9.2 MSEK), improved to 4.5 MSEK after a strong February.

Outlook and guidance

• Focus on MiCA readiness, scalable payment and banking relationships, and institutional-grade custody.

• Continued cost discipline and active management of burn-rate and cash flow to protect runway.

• Expectation of continued OTC growth and improved margin profile from new banking partnerships.

• Ongoing regulatory alignment and industry engagement to support long-term growth.