HomeMaid (HOME) Q1 2025 earnings summary

Executive summary

• Achieved best-ever Q1 with revenue up 9.7% to SEK 129.4 million and EBITA up 62% to SEK 10.6 million, driven by strong performance in both Home and Corporate Cleaning segments.

• Cash flow from operations increased 45% to SEK 20.3 million.

• Home Cleaning grew 11% and Corporate Cleaning 8%, with improved EBITA and margins, and a positive turnaround in Corporate Cleaning.

• High share of subscription revenues (80%) provides a solid growth base.

• Board proposes a dividend of SEK 1.25 per share.

Financial highlights

• Revenue grew 9.7% year-over-year to SEK 129.4 million in Q1; rolling 12 months up 12%.

• EBITA rose 62% to SEK 10.6 million; EBITA margin at 8.2% vs. 5.5% last year.

• EBITDA margin increased to 11.7% from 8.9% year-over-year.

• Earnings per share before and after dilution were SEK 0.37 (0.19).

• Cash flow from operations after working capital changes was SEK 20.3 million (14.0 million).

Outlook and guidance

• Continued focus on sales and marketing is driving positive effects.

• Growth ambitions raised for both organic expansion and acquisitions during 2025.

• Strategy and business model are delivering strong results.

• RUT market continues to grow, supporting future expansion.

• Stabilizing inflation and interest rates expected to support further growth in Home Cleaning.