AKVA group ASA: Q3 2025 financial reporting

Financial Performance - AKVA group reported Q3 2025 revenue of NOK 1,112 million, a 19% increase from NOK 936 million in Q3 2024 [1][2] - EBITDA rose to NOK 148 million in Q3 2025 from NOK 128 million in Q3 2024, an increase of NOK 20 million [1][2] - Total order intake for Q3 2025 was NOK 786 million, down from NOK 803 million in Q3 2024 [1][2] Segment Performance - Sea Based (SB) revenue for Q3 2025 was NOK 770 million, up from NOK 740 million in Q3 2024; however, EBITDA slightly increased to NOK 113 million from NOK 112 million [2][3] - Land Based (LB) revenue surged to NOK 308 million in Q3 2025 from NOK 162 million in Q3 2024, with EBITDA rising to NOK 22 million from NOK 5 million [5] - Digital (DI) segment revenue remained stable at NOK 34 million, with EBITDA increasing to NOK 12 million from NOK 11 million [6] Regional Performance - Nordic region revenue increased from NOK 528 million in Q3 2024 to NOK 545 million in Q3 2025 [3] - Revenue in the Americas decreased from NOK 156 million in Q3 2024 to NOK 134 million in Q3 2025 [3] - Europe and Middle East (EME) revenue rose significantly from NOK 55 million in Q3 2024 to NOK 91 million in Q3 2025 [4] Order Backlog and Outlook - Order backlog at the end of Q3 2025 was NOK 2,363 million, slightly down from NOK 2,367 million in Q3 2024 [10] - The company anticipates strong order intake in Q4 2025, supporting continued revenue growth into 2026 [11] Balance Sheet - Working capital as a percentage of 12 months rolling revenue increased to 10.5% from 7.3% [8] - Total assets and total equity were NOK 4,239 million and NOK 1,373 million respectively, maintaining an equity ratio of 32.4% [8][9]