Mysafety Group (SAFETY) Q3 2025 earnings summary

Executive summary

• Sales increased by 6.1% year-over-year for the first nine months, with significant improvements in operating profit and cash flow at all levels.

• Transformation efforts have resulted in annualized savings of approximately 30 MSEK, with further cost reductions expected from new systems and processes.

• A successful refinancing and new capital structure were established in Q4, expected to reduce interest costs by about 10 MSEK annually.

• The company’s recurring revenue model remains strong, with 89.6% of sales from subscriptions.

Financial highlights

• Net sales for Jan–Sep 2025: 246.2 MSEK (232.0 MSEK in 2024); Q3: 79.3 MSEK (78.1 MSEK in 2024).

• Operating profit (EBIT) for Jan–Sep: 19.0 MSEK (–21.7 MSEK); Q3: 12.8 MSEK (3.0 MSEK).

• Net income for Jan–Sep: 17.8 MSEK (–20.6 MSEK); Q3: 18.8 MSEK (–0.3 MSEK).

• Earnings per share for Jan–Sep: 0.90 SEK (–1.27 SEK); Q3: 0.90 SEK (–0.02 SEK).

• Cash flow from operations for Jan–Sep: 30.3 MSEK (–25.5 MSEK); cash and equivalents at period end: 69.0 MSEK (21.1 MSEK).

Outlook and guidance

• The new capital structure and refinancing are expected to further improve financial results and provide flexibility for future growth.

• Ongoing transformation and new systems are anticipated to yield additional annual savings of about 20 MSEK from Q1 2026.