Tura Group (TURA) Q3 2025 earnings summary

Executive summary

• Q3 2025 saw a 22.5% year-over-year revenue increase, mainly from the acquired Books, Toys & Games business.

• Gross margin improved to 20.2% from 18.3% year-over-year, driven by new product areas.

• EBITDA rose to 13.5 Mkr (5.5% margin), up from 9.1 Mkr (4.5% margin) in Q3 2024.

• Net income for Q3 was 5.6 Mkr, more than double the prior year.

• For the first nine months, revenue grew 11.3% year-over-year, with a positive turnaround in net result.

Financial highlights

• Q3 revenue: 246.6 Mkr (201.3 Mkr), gross profit: 49.9 Mkr (36.9 Mkr), EBITDA: 13.5 Mkr (9.1 Mkr).

• Q3 net income: 5.6 Mkr (2.6 Mkr), EPS: 0.11 kr (0.05 kr).

• 9M revenue: 656.5 Mkr (590.1 Mkr), gross profit: 127.4 Mkr (104.9 Mkr), EBITDA: 15.6 Mkr (13.6 Mkr).

• 9M net income: -1.3 Mkr (-3.2 Mkr), EPS: -0.03 kr (-0.06 kr).

• Cash flow from operations Q3: 1.9 Mkr (13.2 Mkr); 9M: -29.5 Mkr (-1.0 Mkr).

Outlook and guidance

• Targeting 10–15% annual growth, both organic and via acquisitions.

• Aims for an average EBITDA margin of ~8% through operational scale and productivity.

• Market remains uncertain with economic volatility and shifting demand.