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DUG Foodtech
DUG Foodtech (DUG) investor relations material
DUG Foodtech has been delisted
DUG Foodtech Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Net sales for Q3 2025 reached 499 TSEK, up 85% year-over-year, driven by an expanded customer base and public sector breakthroughs.
For the first nine months, net sales totaled 3,178 TSEK, a 334% increase compared to the same period last year.
Strategic agreements with Martin & Servera and Menigo enable access to Sweden's public food sector, and a new partnership was established with a German bakery and café chain.
DUG Cooking Cream received positive reviews in school kitchens and is planned for launch in Q1 2026.
Potatoes-based gelato showcased commercial potential at HOST Milano.
Financial highlights
Q3 EBITDA was -5,133 TSEK (vs. -3,613 TSEK last year), and EBIT was -5,158 TSEK (vs. -3,632 TSEK), reflecting increased marketing costs, especially in Germany.
Net loss after tax for Q3 was -6,466 TSEK (vs. -4,452 TSEK), and for the nine months, -18,421 TSEK (vs. -12,917 TSEK).
Gross margin improved to 32% in Q3 (negative last year), and 30% for the nine months (7% last year).
Cash flow from operations in Q3 was -4,202 TSEK, and cash and equivalents at period end were 808 TSEK.
Equity at period end was 50,431 TSEK, with an equity ratio of 88%.
Outlook and guidance
The company targets 100 MSEK in rolling 12-month sales and a positive EBIT margin of 15-20% within 12–18 months.
Anticipates continued growth in public sector and foodservice, with the DUG Cooking Cream launch expected to drive further sales.
How will Q3 sales impact 100 MSEK R12 goal?
Quantify public meals sector sales contribution.
Germany Q3 slowdown: How to leverage new deals?
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DUG Foodtech
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