Samtrygg Group (SAMT) Q3 2025 earnings summary

Executive summary

• Q3 2025 sales revenue was 13.7 MSEK, down from 14.9 MSEK in Q3 2024 (pro forma), mainly due to a strategic reduction in B2B operations and a weaker seasonal peak in P2P rentals.

• EBITDA improved to 1.8 MSEK from 1.2 MSEK year-over-year, reflecting internal efficiency gains despite lower revenues.

• The board proposed, and shareholders approved, delisting from NGM Nordic SME to enable more flexible financing for future growth.

• The company contributed to a government inquiry on a more flexible rental market, supporting reforms to increase predictability and market stability.

Financial highlights

• Q3 2025 total revenue: 101.3 MSEK (114.8 MSEK Q3 2024 pro forma); Q1–Q3 2025: 314.9 MSEK (358.9 MSEK Q1–Q3 2024 pro forma).

• EBITDA Q3 2025: 1.8 MSEK (1.2 MSEK Q3 2024 pro forma); Q1–Q3 2025: 5.7 MSEK (5.5 MSEK Q1–Q3 2024 pro forma).

• Net income Q3 2025: 0.4 MSEK (-0.2 MSEK Q3 2024 pro forma); EPS Q3 2025: 0.041 SEK (-0.022 SEK Q3 2024 pro forma).

• Q3 2025 revenue declined 12% year-over-year; sales revenue down 9% year-over-year.

• Cash at period end: 6.0 MSEK (7.7 MSEK previous year).

Outlook and guidance

• Ongoing investments in digital processes and data-driven marketing are expected to support future growth when market conditions improve.

• The company anticipates that regulatory reforms could unlock more rental opportunities and support long-term expansion.