Tribox Group (TRIBO) Company presentation summary

Milestones and company evolution

• Founded in 2013, building on oil industry and racing experience, with key acquisitions in 2023 and 2025.

• Listed on Nasdaq First North Stockholm since 2019.

• Achieved EBITDA breakeven and surpassed SEK 100m in revenue in 2024.

• Expanded internationally, especially in the MENA region.

• Positioned for further growth through organic initiatives and M&A.

Business segments and market drivers

• Operates in lubricants and fuel additives, targeting vehicles, industry, power generation, shipping, and automotive markets.

• Lubricants segment focuses on the Nordics, leveraging Elite Oil’s established presence.

• Fuel additives segment serves international niche markets with recurring business and growth potential.

• Global lubricants market projected to grow at 5% CAGR to 2035; specialty fuel additives at 7% CAGR to 2030.

• Market growth driven by stricter regulations, efficient engines, and new fuel technologies.

Financial performance and segment split

• Net sales reached SEK 127m in Q4 2025, with an EBITDA margin of 5%.

• Lubricants accounted for 87% of segment net sales in 2025; fuel additives 13%.

• Geographical sales concentrated in the Nordics, with growing presence in Asia and Africa.

• Consistent sales growth and improving margins, with record R12 levels as of Q3 2025.