Stockwik publishes quarterly report January 1 - September 30, 2025

Core Insights - The Group's companies are experiencing the effects of a prolonged economic downturn but are still achieving solid organic growth [1] Financial Summary - Net sales for the period of July to September 2025 reached MSEK 194.7, an increase of 6.6% compared to MSEK 182.7 in the same period of 2024, with all growth being organic [2] - EBITDA for the same period was MSEK 19.8, reflecting a decrease of 15.4% from MSEK 23.4 in 2024, with all changes being organic [2] - EBITA decreased to MSEK 8.1 from MSEK 12.6, marking a decline of 35.8% [2] - EBIT for the period was MSEK 6.5, down from MSEK 10.9, a decrease of 40.6% [2] - Profit before tax decreased to MSEK -6.0 from MSEK -1.0, while profit after tax decreased to MSEK -5.8 from MSEK -0.4, primarily due to one-off accounting effects totaling MSEK 4.8 [2] - For the first nine months of 2025, net sales were MSEK 631.3, an increase of 5.7% from MSEK 597.1 in 2024, with all growth being organic [2] - EBITDA for the nine-month period was MSEK 63.2, a slight increase of 0.8% from MSEK 62.8 [2] - EBITA for the nine-month period was MSEK 30.1, a marginal increase of 1.7% from MSEK 30.6 [2] - EBIT for the nine-month period was MSEK 25.1, an increase of 1.5% from MSEK 24.8 [2] Operational Metrics - Operational cash flow for the period was MSEK -18.3, compared to MSEK 6.1 in the previous year [3] - Earnings per share before and after dilution were both SEK -0.91, compared to SEK -0.06 in the previous year [3] - The average number of employees decreased to 386 from 395 [3] - The equity ratio was 23.0%, down from 25.9% [3] - Net debt increased to MSEK 453.1 from MSEK 414.3 [3] - Net debt to EBITDA ratio was 4.74, while net debt to adjusted EBITDA was 4.31 [3] Adjusted Financial Metrics - Adjusted EBITDA for the rolling 12-month period excluded non-recurring items of MSEK 9.6 related mainly to reorganization costs [3] - Adjusted EBITA for the reporting period excluded non-recurring items of MSEK 6.5, also related to reorganization costs [4] Corporate Actions - The Board decided on a directed new share issue to ENDI Corp. amounting to MSEK 20.7 to strengthen the capital structure [2]