Relevance Communication Nordic (RLVNC) Q4 2025 earnings summary

Executive summary

• 2025 focused on strategic restructuring, including divestment of News55.se, to concentrate on core platforms with higher long-term potential.

• Investments in sales and technology organizations increased costs short-term but are expected to drive future growth.

• Record order intake and a strong order backlog of over 4.5 MSEK reported at year-end.

• Traffic levels remained stable year-over-year despite divestments.

Financial highlights

• Net revenue for Q4: 11,600 TSEK (up 1% year-over-year); full year: 38,059 TSEK (up 1.7%).

• EBITDA for Q4: 561 TSEK (down from 1,327 TSEK); full year: 571 TSEK (down from 2,027 TSEK).

• Net income for Q4: -1,233 TSEK (vs. -782 TSEK); full year: -7,201 TSEK (vs. -5,197 TSEK).

• Earnings per share for Q4: -0.05 SEK (vs. -0.04 SEK); full year: -0.31 SEK (vs. -0.21 SEK).

• Average monthly unique users: 2,918,371 (vs. 2,928,000 year-over-year).

Outlook and guidance

• Management expects improved profitability and growth from a more focused business and strengthened internal capabilities.

• Order backlog and sales pipeline at record levels entering 2026.