Wise Group (WISE) Q2 2025 earnings summary

Executive summary

• Revenue declined 20% year-over-year in Q2 2025 and 21% for the first half, reflecting weaker demand and strategic investments.

• EBITDA was negative in Q2, impacted by one-time personnel and IT costs, but adjusted EBITDA was positive.

• The sale of the Finnish subsidiary was agreed after the quarter, with related management changes.

• Strategic transformation towards a unified brand and operational efficiency is ongoing.

Financial highlights

• Q2 2025 revenue: 135.0 MSEK (down 20% YoY); H1 2025 revenue: 279.6 MSEK (down 21% YoY).

• Q2 EBITDA: -0.1 MSEK (1.4% margin last year); H1 EBITDA: 3.1 MSEK (1.1% margin).

• Q2 operating income: -4.4 MSEK; H1 operating income: -6.0 MSEK.

• Net result Q2: -4.6 MSEK; H1: -6.6 MSEK.

• Earnings per share Q2: -0.62 SEK; H1: -0.89 SEK.

• Operating cash flow Q2: 6.0 MSEK; H1: 6.1 MSEK.

Outlook and guidance

• Focus for H2 is on regaining growth, improving profitability, and continuing transformation.

• Strategic actions, including divestment and cost control, aim to secure financial stability and future competitiveness.