Samtrygg Group (SAMT) Q2 2025 earnings summary

Executive summary

• Q2 2025 sales revenue declined to 14.0 MSEK from 16.1 MSEK year-over-year, mainly due to a strategic scale-down in B2B and lower P2P demand, but profitability was maintained through improved conversion and cost control.

• EBITDA for Q2 2025 was 1.8 MSEK, down from 2.6 MSEK in Q2 2024, reflecting a challenging market but effective operational adjustments.

• A government inquiry proposing a more flexible rental market was presented, potentially benefiting both business segments.

Financial highlights

• Total Q2 2025 revenue was 102.7 MSEK, a 13% decrease compared to Q2 2024; sales revenue fell 13% to 14.0 MSEK.

• EBITDA for Q2 2025 was 1.8 MSEK, EBIT was 0.6 MSEK, and net income after financial items was 0.4 MSEK.

• For H1 2025, total revenue was 213.6 MSEK, down 12% year-over-year; EBITDA was 3.9 MSEK, EBIT 1.7 MSEK, and net income after financial items -19.1 MSEK.

• Earnings per share in Q2 2025 were 0.039 SEK, compared to 0.107 SEK in Q2 2024.

• Cash and cash equivalents at period end were 9.4 MSEK, up from 5.6 MSEK a year earlier.

Outlook and guidance

• The company is well positioned to create long-term value in a more flexible rental market, with ongoing development in both B2B and P2P segments.

• Management remains focused on process efficiency, digital customer journey improvements, and selective investments to drive conversion.