Hemply Balance (HMPLY) Q3 2025 earnings summary

Executive summary

• Net sales for April–September 2025 increased by 58.7% to 165 TSEK compared to the same period last year, but for January–September 2025, net sales decreased by 52.8% to 495 TSEK year-over-year.

• The company is focused on expanding its Japanese business and is actively evaluating structural transactions, including potential reverse acquisitions.

• No employees as of the report date; operations are managed by consultants.

Financial highlights

• Gross profit for April–September 2025 was 105 TSEK (32 TSEK last year), with a gross margin of 63.6%.

• EBITDA for April–September 2025 was -179 TSEK, an improvement from -278 TSEK last year.

• Net result after tax for April–September 2025 was -181 TSEK, compared to -279 TSEK last year.

• For January–September 2025, gross profit was 341 TSEK (792 TSEK last year), with a gross margin of 68.9%.

• Net result after tax for January–September 2025 was -471 TSEK, compared to -593 TSEK last year.

• Cash flow from operating activities for January–September 2025 was -282 TSEK.

• Equity as of September 30, 2025, was 696 TSEK (1,185 TSEK last year).

Outlook and guidance

• Continued focus on developing the Japanese business and pursuing structural transactions to create shareholder value.

• New orders from the Japanese distributor received after the quarter's end.