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Envar Holding
Envar Holding (ENVAR) investor relations material
Envar Holding Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Net sales for Q3 2025 reached SEK 27,248 thousand, up 22.78% year-over-year, with strong order intake and a record-breaking agreement announced post-quarter.
Operating profit (EBIT) for Q3 was SEK 6,033 thousand, down from SEK 6,988 thousand last year, due to increased investments in senior hires and IT security.
Cash and cash equivalents at quarter-end were SEK 47,734 thousand, with no interest-bearing liabilities.
Financial highlights
Q3 2025 EBITDA was SEK 6,240 thousand (margin 22.90%), compared to SEK 7,192 thousand (32.41%) in Q3 2024.
Accumulated net sales for Jan–Sep 2025 were SEK 74,292 thousand, up 50.32% year-over-year.
Accumulated EBIT for Jan–Sep 2025 was SEK 16,961 thousand (margin 22.83%), up from SEK 4,336 thousand (8.77%) last year.
Earnings per share (basic) for Q3 2025 were SEK 0.37, reflecting a share split in Q4 2024.
Outlook and guidance
Continued strong sales expected, supported by a new 12-month, SEK 23 million order from a major Battle Royale client starting October 2025.
The company is preparing for its next growth phase, with ongoing investments in talent and IT infrastructure.
Witchspire, the first in-house game, remains on track for a Q2 2026 Early Access release, with a demo planned for Q1 2026.
Outlook for margin recovery post-Q3 investments
Witchspire monetization strategy
Record order impact on customer concentration risk?
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Next Envar Holding earnings date
Q4 202516 Feb, 2026
Envar Holding
Next Envar Holding earnings date
Q4 202516 Feb, 2026
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