)
Safello Group (SFL) investor relations material
Safello Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net turnover fell 28% year-over-year to SEK 140.5 million due to lower order volumes amid a continued crypto market downturn.
Gross profit declined 32% to SEK 6.0 million, with gross margin at 4.3% (4.5%).
EBITDA was SEK -5.5 million, impacted by regulatory compliance costs and one-time CEO/management change expenses.
Net loss narrowed to SEK -3.3 million from SEK -5.4 million year-over-year, aided by a SEK 2.7 million reversal of TAO impairment.
Active customers dropped to 14,935 from 23,663, and order count fell to 28,633 from 47,601.
Financial highlights
Net turnover: SEK 140.5 million (down from SEK 194.1 million year-over-year).
Gross profit: SEK 6.0 million (down from SEK 8.8 million).
EBITDA: SEK -5.5 million (down from SEK -3.7 million).
Operating loss: SEK -3.3 million (improved from SEK -5.3 million).
Net loss: SEK -3.3 million (improved from SEK -5.4 million).
Earnings per share: SEK -0.16 (SEK -0.27 year-over-year).
Cash balance at quarter-end: SEK 11.4 million (down from SEK 17.3 million at 2025 year-end).
Outlook and guidance
Regulatory enforcement under MiCA expected to intensify after July 1, potentially reducing competition as many unlicensed exchanges exit the market.
Efficiency measures implemented in late 2025, saving SEK 1 million/month, will fully impact results from mid-Q2 2026.
Management expects cost improvements and is optimistic about institutional opportunities due to MiCA licensing.
- Record turnover but margin pressure and crypto market decline led to a Q4 net loss.SFL
Q4 202513 Feb 2026 - Q3 saw 16% revenue growth, MICA license approval, and strategic crypto asset reallocation.SFL
Q3 202514 Nov 2025 - Gross profit surged 49% despite a 31% revenue decline, with strategic crypto asset reallocation.SFL
Q2 202515 Aug 2025 - Q3 2024 saw strong revenue growth and improved margins as Safello readies for EU expansion.SFL
Q3 202413 Jun 2025 - Turnover up 39% YoY as higher order values offset fewer users; gross margin declined.SFL
Q2 202413 Jun 2025 - Profit fell on weak crypto markets, but ETP and AI initiatives signal strategic shift.SFL
Q1 20256 Jun 2025 - Record Q4 and full-year growth fueled by crypto market strength and platform expansion.SFL
Q4 20245 Jun 2025
Next Safello Group earnings date
Next Safello Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)