Moment Group (MOMENT) Q3 2025 earnings summary

Executive summary

• Net sales for Q3 2025 were SEK 188m, down from SEK 228m year-over-year, with an EBIT of SEK -24m versus SEK -19m last year, mainly due to fewer large projects in Event & Communication and extra costs from Cirkusbygningen's renovation.

• The summer theater segment performed strongly, with three summer theaters operating for the first time, and successful premieres in Wallmans Group and 2Entertain.

• Cost-saving measures implemented in 2025 are expected to yield annual savings of at least SEK 12m, with full effect from Q1 2026.

• Liquidity at period-end was SEK 73m, with operating cash flow of SEK 29m, supported by strong ticket pre-sales for Q4.

Financial highlights

• Q3 net sales: SEK 188m (down from SEK 228m YoY); pro rata sales: SEK 158m (down from SEK 210m YoY).

• Q3 EBIT: SEK -24m (vs. SEK -19m YoY); EBITDA: SEK -9m (vs. SEK -3m YoY).

• Net result per share: SEK -1.18 (vs. SEK -1.05 YoY).

• Cash flow from operations: SEK 29m (vs. SEK 13m YoY); investments: SEK 6m (mainly Cirkusbygningen).

• Net debt: SEK -521m (improved from SEK -589m YoY); liquidity: SEK 73m.

Outlook and guidance

• Q4 is expected to be the most intensive and profitable period, with strong ticket pre-sales (SEK 211m vs. SEK 127m YoY).

• Cost savings and organizational changes are expected to have full impact from Q1 2026.

• Liquidity remains a concern for the coming summer period, but ongoing measures aim to strengthen the balance sheet and reduce leverage.