Valuno Group (VALUNO) Q2 2025 earnings summary

Executive summary

• Achieved record net sales of €129.0 million in Q2 '24/25, up 1,346% year-over-year and 70.3% sequentially, driven by increased transaction volumes and new collaborations.

• Reported first-ever quarterly net profit of €1.2 million, marking a significant turnaround from a €-4.8 million loss in Q2 last year.

• Launched Quickbit Corporate Wallet for B2B clients, changed company name to Valuno Group AB, and introduced a new operational strategy.

Financial highlights

• Q2 net sales: €129.0 million (Q2 '23/24: €8.9 million); six-month net sales: €204.7 million (H1 '23/24: €13.0 million).

• Q2 gross profit: €3.7 million (Q2 '23/24: €0.4 million); gross margin: 2.9% (Q2 '23/24: 4.8%).

• Adjusted EBITDA for Q2: €1.3 million (Q2 '23/24: €-1.4 million); EBIT: €1.2 million (Q2 '23/24: €-4.6 million).

• Basic EPS: €0.01 (Q2 '23/24: €-0.04); cash and cash equivalents at period end: €8.4 million (Q2 '23/24: €0.9 million).

• Cash flow from operating activities in Q2: €4.2 million (Q2 '23/24: €-1.5 million).

Outlook and guidance

• Management expects gross margins to remain at current levels due to product mix and market competition.

• Company is well-positioned to capitalize on the growing digital asset market, with continued strong revenue growth reported for December and January.