Sileon (SILEON) Q3 2025 earnings summary

Executive summary

• Achieved a key milestone by signing an agreement with Zenny, strengthening market position in the maturing BNPL sector and expanding international customer dialogues, especially in Africa.

• Transitioned to a leaner, more focused organization, with a cost base now aligned for profitable growth.

Financial highlights

• Q3 2025 revenues were 0.7 MSEK, down from 6.8 MSEK in Q3 2024, mainly from transaction-based income.

• EBITDA for Q3 2025 was -2.6 MSEK (Q3 2024: -13.2 MSEK); EBIT was -7.7 MSEK (Q3 2024: -18.8 MSEK).

• Net result for Q3 2025 was -8.2 MSEK (Q3 2024: -18.9 MSEK); earnings per share -2.28 SEK.

• Cash flow from operations before working capital changes was -3.7 MSEK for the quarter.

• Cash and cash equivalents at quarter-end were 4.3 MSEK (Q3 2024: 20.9 MSEK).

Outlook and guidance

• Management is optimistic about continued development and achieving set goals, but notes that available liquidity does not cover the next 12 months' needs, making further financing essential.

• The company is well-positioned for profitable growth with a strong team and increasing interest in its technology.