OurLiving (OURLIV) Q3 2025 earnings summary

Executive summary

• Achieved fourth consecutive quarter of positive EBITDA, reflecting sustained profitability and operational focus.

• Net revenue grew 22% year-over-year to 2,258 TSEK in Q3 2025, driven by SaaS business and Boappa platform.

• Over 2,000 paying customers and 200,000+ users, with Boappa now a leading product in the Swedish market.

• Initiated merger between Boappa AB and OurLiving AB to streamline structure and improve efficiency.

Financial highlights

• Net revenue: 2,258 TSEK in Q3 2025 (up from 1,853 TSEK in Q3 2024, +22%).

• EBITDA: 929 TSEK (Q3 2024: -576 TSEK); EBIT: 244 TSEK (Q3 2024: -1,035 TSEK).

• Result after financial items: 169 TSEK (Q3 2024: -1,043 TSEK).

• Cash position at period end: 877 TSEK (Q3 2024: 787 TSEK).

• Equity at period end: 352 TSEK (Q3 2024: -8,982 TSEK).

Outlook and guidance

• Positioned for continued profitable growth, with strong product-market fit and low churn (<1.5%).

• Large market potential remains, as most of Sweden’s 60,000+ housing associations are not yet digitalized.

• Ongoing focus on cost control and SaaS-driven expansion.