Sweden Buyersclub (BUY) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 62% YoY to 37.2 MSEK; EBITDA was 1.8 MSEK and EBIT 0.48 MSEK, the second consecutive quarter with positive EBIT.

• Membership revenue increased 25% to 6.2 MSEK; ARR reached 23.2 MSEK, up 16% YoY.

• Growth and profitability were achieved amid a warehouse move, one-time costs and continued platform and product investment.

Financial highlights

• Q3 net sales were 37.2 MSEK versus 22.9 MSEK YoY; total operating income was 38.5 MSEK versus 23.4 MSEK.

• Q3 EBITDA was 1.8 MSEK versus 0.04 MSEK; EBIT was 0.48 MSEK versus -1.0 MSEK.

• Net income was 0.27 MSEK versus a loss of 1.2 MSEK; EPS was SEK 0.01 versus SEK -0.09.

• Operating cash flow was -0.79 MSEK versus 0.47 MSEK; Q3 platform development investment was 3.0 MSEK versus 1.5 MSEK.

Outlook and guidance

• FY2026 targets remain net sales of 150–200 MSEK and EBITDA of 8–12 MSEK; warehouse relocation may affect the ability to meet the EBITDA target.

• Q4 ambition is record net sales, earnings and membership revenue; the period is described as the most important sales season.

• Growth is expected to contribute more strongly to earnings as existing platform, warehouse and organizational capacity can support higher sales with slower cost growth.