OurLiving (OURLIV) Q4 2025 earnings summary

Executive summary

• Achieved profitable growth and positive cash flow for the full year 2025, with all quarters showing positive EBITDA and strengthened equity position.

• Consolidated operations by merging Boappa AB into the parent company, focusing on a scalable SaaS model and cost efficiency.

• Customer base grew, with Boappa surpassing 2,200 paying customers and over 200,000 users by year-end.

• Strategic shift to migrate OurLiving platform users to Boappa, aiming for a unified, more competitive offering.

Financial highlights

• Net sales for Q4 2025 were 2,423 TSEK, compared to 2,543 TSEK in Q4 2024.

• Full-year net sales increased 17% to 9,381 TSEK on a group level.

• EBITDA for Q4 2025 was 47 TSEK (Q4 2024: 5,252 TSEK, adjusted 981 TSEK); full-year EBITDA reached 1,782 TSEK.

• EBIT for Q4 2025 was -478 TSEK (Q4 2024: 4,925 TSEK, adjusted 654 TSEK); full-year EBIT was -217 TSEK.

• Result after financial items for Q4 2025 was -554 TSEK (Q4 2024: 4,804 TSEK, adjusted 533 TSEK); full-year result after financial items was -545 TSEK.

• Positive cash flow for the year at 1,001 TSEK.

• Monthly Recurring Revenue (MRR) at approximately 730 TSEK.

Outlook and guidance

• Entering 2026 with a streamlined strategy, focus on Boappa, and ambition for continued profitable growth.

• New functionality for Boappa to be launched in spring 2026, aiming to further strengthen the offering and drive customer migration.