Novus Group (NOVU) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 were SEK 16,597k, down 6.8% year-over-year; operating profit before tax was SEK 433k, a 72% decrease.

• Operating margin fell to 2.6% from 8.7% in Q1 2024; EPS was SEK 0.03, down from SEK 0.12.

• The quarter was marked by global uncertainty and cautious client behavior, leading to lower revenue and profit.

• Novus launched the MiOs platform to improve reach and data reliability, and initiated new partnerships and reports.

Financial highlights

• Revenue: SEK 16,597k (Q1 2025) vs. SEK 17,806k (Q1 2024), -6.8% year-over-year.

• Operating profit before tax: SEK 433k vs. SEK 1,554k, -72% year-over-year.

• Net profit: SEK 344k vs. SEK 1,217k, -71.7% year-over-year.

• Cash flow for the quarter: SEK 1,508k vs. SEK 3,319k in Q1 2024.

• Cash and cash equivalents at period end: SEK 6,347k (Q1 2025) vs. SEK 10,526k (Q1 2024).

Outlook and guidance

• Focus remains on long-term measures, internal efficiency, and customer orientation.

• No dividend proposed for 2025 to strengthen financial position.

• Continued investment in proprietary data collection and platform development.