GreenMobility (GREENM) Q3 2025 TU earnings summary

Executive summary

• Revenue grew 23% year-over-year in the first nine months of 2025, reaching DKK 115.2 million.

• EBITDA increased 60% year-over-year for the first nine months, totaling DKK 41.1 million.

• Q3-2025 revenue increased 14% and EBITDA rose 42% year-over-year.

• Operational excellence, cost management, and strong summer demand contributed to performance.

• Q3-2025 continued the strong operational and financial performance trend seen in the first half of the year.

Financial highlights

• Q3-2025 revenue: DKK 41.0 million, up from DKK 36.1 million in Q3-2024.

• Q3-2025 EBITDA: DKK 17.0 million, up from DKK 12.0 million in Q3-2024.

• EBITDA margin improved to 41.5% in Q3-2025 from 33.2% in Q3-2024.

• Year-to-date 2025 revenue reached DKK 115.2 million, up from DKK 93.5 million in 2024.

• Year-to-date 2025 EBITDA reached DKK 41.1 million, up from DKK 25.6 million in 2024.

Outlook and guidance

• 2025 revenue growth guidance revised upward twice, now at 13-15% year-over-year.

• 2025 EBITDA growth guidance revised to 32-42% year-over-year.

• Financial guidance for 2025 was raised for the second time in September 2025.

• Q3-2025 results are in line with updated guidance.

• Focus remains on building sustainable profitability.