Revenue rose to EUR 107.4 million (23.4).
"The main reason for the high growth is that new partnerships and customers are contributing to increased transaction volumes, and Valuno's proprietary products are contributing to increased revenue," the company writes.
Sequentially, i.e. compared with the second quarter, sales declined. This is due to the fact that during the second quarter, "we saw unexpectedly strong growth that tested both capacity and infrastructure," says CEO Daniel Sonesson.
"During Q3, we implemented important changes in our commercial strategy with a focus on sustainable growth and global expansion. We have streamlined our transaction structure while maintaining transaction volumes at previous record levels. This shows that we are now operating from a more robust and scalable platform, ready for continued growth," adds Sonesson.
Gross profit amounted to EUR 2.3 million (1.3), with a gross margin of 2.1 percent (5.6).
Adjusted EBITDA amounted to EUR 0.1 million (-0.2), with an adjusted EBITDA margin of 0.1 percent.
Operating profit, as well as profit before and after tax, amounted to EUR -0.6 million (-1.1).
Valuno, MEUR | Q3-2024/2025 | Q3-2023/2024 | Change |
Net sales | 107.4 | 23.4 | 359.0 |
Gross profit | 2.3 | 1.3 | 76.9 |
Gross margin | 2.1 | 5.6 | |
Adjusted EBITDA | 0 | -0.2 | |
Adjusted EBITDA margin | 0 | ||
Operating profit | - | - | |
Profit before tax | - | - | |
Net profit | - | -1.1 |