Valuno Group (VALUNO) Q3 2025 earnings summary

Executive summary

• Net sales reached €107.4 million in Q3 '24/25, up 358% year-over-year, driven by new collaborations and increased transaction volumes.

• Gross profit for Q3 was €2.3 million, with a gross margin of 2.2%, down from 5.4% last year due to increased competition and product mix.

• Adjusted EBITDA improved to €0.1 million from -€0.2 million, and EBIT was -€0.6 million versus -€1.1 million in Q3 last year.

• Name changed from Quickbit eu AB to Valuno Group AB; MiCA license application submitted to become a fully regulated EU player.

• Leadership team strengthened with new appointments and promotions to support strategic focus on Payment & Shopping and Partnerships.

Financial highlights

• Q3 net sales: €107.4 million (up from €23.4 million YoY); nine months: €312.1 million (up from €36.5 million YoY).

• Q3 gross profit: €2.3 million (up from €1.3 million YoY); nine months: €8.4 million (up from €1.9 million YoY).

• Q3 gross margin: 2.2% (down from 5.4% YoY); nine months: 2.7% (down from 5.1% YoY).

• Adjusted EBITDA for Q3: €0.1 million (up from -€0.2 million YoY); nine months: €1.7 million (up from -€2.9 million YoY).

• Q3 net profit: -€0.6 million (improved from -€1.1 million YoY); nine months: €0.4 million (up from -€7.9 million YoY).

Outlook and guidance

• Focus remains on sustainable growth, global expansion, and building a scalable platform.

• MiCA license approval expected to enable direct EU-wide service offering, though timeline is uncertain.

• Management confident in future growth, innovation in crypto payments, and digital transaction services.