)
Visual
test
Vend Marketplaces
Vend Marketplaces (VEND) investor relations material
Vend Marketplaces Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Q4 revenues were NOK 1,510 million, down 1% year-over-year, but EBITDA rose 53% to NOK 491 million, with margin expanding to 32% on cost discipline and ARPA growth.
Major simplification initiatives included divesting non-core assets, removing the dual-class share structure, and migrating Blocket to the Aurora platform.
A NOK 2 billion share buyback program was launched, and the board proposed increasing the ordinary dividend to NOK 2.50 per share for 2025.
Strategic focus included cost reductions, platform transition, portfolio simplification, and governance streamlining.
Significant capital was returned to shareholders through dividends and share buybacks, totaling up to NOK 8 billion in 2025.
Financial highlights
Group revenues remained stable at NOK 1,510 million in Q4, with strong ARPA growth (15%-22%) in key segments.
EBITDA margin improved to 32%, up 12 percentage points year-over-year, driven by lower costs.
OpEx to sales ratio (excluding COGS) improved by up to 11 percentage points, with personnel and marketing costs down double digits.
Operating profit rose to NOK 245 million from a loss of NOK 1.4 billion last year, with net loss of NOK 2.5 billion mainly due to a NOK 2.8 billion loss on Aurelia/Adevinta stake revaluation.
Cash flow from operations increased to NOK 555 million, and the year ended with a net cash position of NOK 210 million.
Outlook and guidance
Revenue growth in 2026 is expected to be driven by go-to-market initiatives and ARPA momentum, though volume visibility remains limited.
OpEx (excluding COGS) is guided to remain broadly stable in 2026, with further cost efficiencies expected to be offset by inflation and growth investments.
Medium-term targets: Mobility and Real Estate revenue growth 12–17%, Jobs 5–10%, Recommerce >20%.
More modest ARPA growth is expected in Jobs for 2026, mainly from CPI adjustments and new product launches.
Mobility pricing adjustment in Sweden delayed to later in H1 2026.
Aurelia valuation: How to manage volatility?
Blocket migration: Revenue impact of pricing delay?
Jobs vertical: Strategy to reverse volume decline?
Blocket private ad volume stabilization outlook?
Detail data protection measures from AI platforms
Reconcile 2026 stable OpEx with 2025 reductions
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebSCW
Record Q2 revenue, major new contracts, and a tripled backlog signal strong growth. - 6 FebSCWRecord backlog and 89% y/y revenue growth highlight strong momentum in space projects.
- 6 FebNVDA
AI-driven virtual twins and accelerated computing are revolutionizing design and manufacturing. - 6 FebSPKSJF
Record income, strong growth, and robust capital position despite lower interest income. - 6 FebISCTR
Net profit hit TL 67.4 billion in 2025, with strong NIM, fee growth, and solid 2026 outlook. - 6 FebSCW73% revenue growth and record backlog driven by new space contracts and strategic investments.
- 6 FebCDP
2025 FFO/share rose 5.8% with strong leasing and retention; 2026 guidance signals further growth. - 6 FebSCWRevenue at 15.86 mln PLN, backlog 17.14 mln PLN, and major space contracts drive 2025 outlook.
- 6 FebPENG
All proposals passed, with no questions raised during the Q&A session. - 6 FebSCWQ2 2024 revenue up 115% y/y, backlog nearly doubled, Space segment leads growth.
Next Vend Marketplaces earnings date
Q1 202630 Apr, 2026
Vend Marketplaces
Next Vend Marketplaces earnings date
Q1 202630 Apr, 2026
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage