MoveByBike (MBBAB) Q3 2025 earnings summary

Executive summary

• Achieved a significant turnaround in Q3 2025, exiting corporate restructuring and returning to growth and renewal.

• Paid out settlement to creditors, with many converting claims to equity, reflecting confidence in the business model.

• Record operational volumes, with over 78,000 deliveries in September and strong growth in Copenhagen and Malmö.

• Focused on profitable growth, launching new sales initiatives and expanding advertising business.

Financial highlights

• Q3 2025 net revenue: 8,835 TSEK (up from 4,345 TSEK year-over-year).

• Q3 2025 net income after tax: 14,402 TSEK (vs. -25,661 TSEK year-over-year), positively impacted by a one-time restructuring gain.

• First nine months 2025 net revenue: 24,118 TSEK (vs. 14,212 TSEK year-over-year).

• First nine months 2025 net income after tax: 3,648 TSEK (vs. -47,772 TSEK year-over-year).

• Cash and bank at period end: 99 TSEK (vs. 134 TSEK prior year).

Outlook and guidance

• Anticipates continued volume growth, especially during Black Week and the holiday season.

• New monthly KPI for deliveries to be published for increased transparency.

• Ongoing sales initiatives targeting profitable business leveraging existing infrastructure.