Ekspress Grupp (EEG1T) Q3 2025 earnings summary

Executive summary

• Revenue grew 6% year-over-year in Q3 2025 to €17.9m and 7% for the first nine months to €56.3m, driven by acquisitions in the conference business, digital subscriptions, ticket sales, and digital outdoor screens.

• Net profit surged to €2.4m in Q3 (up €2.1m) and €1.9m for 9M 2025 (up €1.8m), aided by a €2.0m one-off gain from the sale of SIA Altero.

• Digital subscriptions in the Baltics rose 10% year-over-year to 245,000, with digital revenue comprising 85% of total revenue.

• The group maintains strong liquidity, with €9.0m in cash at period end and a dividend payout of €1.86m in June 2025.

Financial highlights

• Q3 2025 sales revenue: €17.9m (+6% YoY); 9M 2025: €56.3m (+7% YoY).

• Q3 EBITDA: €2.4m (+21% YoY); 9M EBITDA: €5.5m (flat YoY).

• Q3 net profit: €2.4m (+702% YoY); 9M net profit: €1.9m (+1686% YoY).

• Basic EPS: €0.0790 in Q3 (+702% YoY); €0.0623 for 9M (+1670% YoY).

• Digital revenue share: 85% for 9M 2025 (down 1pp YoY due to new business areas).

Outlook and guidance

• Strategic goal to reach 340,000 digital subscriptions by 2026.

• Focus on organic digital growth and acquisitions to increase business volumes and shareholder value.

• Dividend policy targets at least 30% payout of annual net profit, subject to liquidity and investment needs.