Vuxen Group (VUXEN) Q3 24/25 earnings summary

Executive summary

• Net sales increased by 8.5% to 67.3 MSEK in Q3 24/25 compared to 62.0 MSEK last year, with continued profitable growth and international expansion, notably in Germany and the EU.

• EBITDA for Q3 was 3.6 MSEK (5.3% margin), down from 4.3 MSEK (7.0%) year-over-year, reflecting higher external costs and personnel expenses.

• The company is rebranding from Purefun Group to Vuxen Group to clarify its identity and focus on sexual wellness brands.

• All segments and markets showed growth, with double-digit increases in party and pet product categories.

Financial highlights

• Q3 net sales: 67.3 MSEK (+8.5% YoY); nine-month net sales: 169.5 MSEK (+5.5% YoY).

• Q3 gross margin: 58.2% (vs. 59.8% YoY); nine-month gross margin: 58.6% (vs. 58.1%).

• Q3 EBITDA: 3.6 MSEK (5.3% margin); nine-month EBITDA: 10.5 MSEK (6.2% margin).

• Q3 EBIT: 1.8 MSEK (2.6% margin); Q3 net income: 1.6 MSEK (vs. 2.3 MSEK YoY).

• Cash flow from operations (May–Jan): 5.3 MSEK (vs. 8.0 MSEK YoY); period-end cash: 21.8 MSEK.

Outlook and guidance

• Management sees strong potential for continued profitable international growth, supported by a robust financial position and improved consumer climate in some markets.

• The company is well positioned for further expansion, with a focus on customer offering, service, and competitive pricing.