Nova Klúbburinn (NOVA) Q3 2025 earnings summary

Executive summary

• Consolidated revenues for January–September 2025 reached ISK 10,266 million, up from ISK 9,814 million year-over-year.

• EBITDA for the period was ISK 3,152 million, compared to ISK 3,063 million in the previous year.

• Net profit and total comprehensive income amounted to ISK 544 million, slightly down from ISK 563 million year-over-year.

• A new CEO, Sylvía Kristín Ólafsdóttir, was appointed effective October 1.

Financial highlights

• Q3 2025 revenues were ISK 3,514 million, up from ISK 3,388 million in Q3 2024.

• EBITDA margin improved to 31.57% in Q3 2025 from 35.36% in Q3 2024.

• Earnings per share for the nine months were ISK 0.153, nearly flat year-over-year.

• Equity at period end was ISK 9,507 million, down from ISK 9,664 million at the start of the year.

Outlook and guidance

• The company expects the final ownership in Sendafélagið ehf. to be determined by year-end 2026, based on actual contributions.

• The partnership with Sýn hf. for the transfer of 4G/5G network assets is expected to impact future financials.