mResell Group (MRSELL) Q1 2025 earnings summary

Executive summary

• Revenue grew 69% sequentially from Q4 2024, reaching 28.9 MSEK in Q1 2025; year-over-year growth was 25.8%.

• Gross profit was 4.9 MSEK, with a gross margin of 17.6%.

• EBITDA was -2.1 MSEK; net loss after tax was -4.2 MSEK; EPS was -0.14 SEK.

• Company listed on Spotlight Stock Market on February 19, 2025.

• Strategic focus on scalable tech platform, new sales channels, and direct sourcing to improve margins.

Financial highlights

• Revenue: 28.9 MSEK in Q1 2025; gross profit: 4.9 MSEK; gross margin: 17.6%.

• EBITDA: -2.1 MSEK (adjusted for extraordinary items); net loss: -4.2 MSEK.

• Cash flow from operations: 1.2 MSEK; cash at period end: 2.9 MSEK.

• Equity at group level: -40.2 MSEK (due to elimination of intra-group holdings); parent company equity: 140.0 MSEK.

Outlook and guidance

• Focus on organic and acquisition-driven growth to increase product access.

• Optimized cost base and scalable platform expected to support continued growth and long-term value creation.