Wonderful Times Group (WTG) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 increased by 10% year-over-year to 21.9 MSEK, driven by the acquisition of Amvina and improved order intake.

• EBITDA for Q3 2025 rose to 1.9 MSEK from 1.4 MSEK, reflecting higher sales and improved gross margin.

• Net income for Q3 2025 was 1.4 MSEK, up from 1.1 MSEK in the prior year.

• Management expresses optimism for continued growth in sales and earnings, supported by recent investments and acquisitions.

Financial highlights

• Q3 2025 revenue: 21.9 MSEK (20.0 MSEK in Q3 2024); nine-month revenue: 57.9 MSEK (53.8 MSEK in 2024).

• Q3 2025 EBITDA: 1.9 MSEK (1.4 MSEK); nine-month EBITDA: 1.1 MSEK (0.9 MSEK).

• Q3 2025 net income: 1.4 MSEK (1.1 MSEK); EPS: 0.32 SEK (0.25 SEK).

• Cash flow from operations in Q3: -3.3 MSEK (-4.4 MSEK); nine-month cash flow: -9.7 MSEK (-4.4 MSEK).

• Gross margin in Q3 improved to 39% from 36% year-over-year.

Outlook and guidance

• Management targets average annual sales growth of 10% and a long-term EBITDA margin of at least 10%.

• Dividend policy aims for 30–70% of net profit, subject to liquidity.

• Positive outlook for continued sales and earnings growth, supported by recent investments and acquisitions.