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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
TapTravel Nordic (TAPTRAVEL) investor relations material
TapTravel Nordic has been private
TapTravel Nordic Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Nov, 2025
Executive summary
Reorganization advanced, improving productivity and digital conversion rates, with 90% digital conversion achieved for new customers.
Q3 is seasonally the weakest quarter due to the holiday period, with sales and activity typically lower.
One-time reorganization costs, severance, and terminated contracts negatively impacted results.
Delayed payments and increased advance payments led to missed Q3 interest payments; restructuring discussions with bondholders are ongoing.
Financial highlights
Q3 2025 revenue was SEK 180.7m, down from SEK 220.4m in Q3 2024; YTD revenue SEK 615.1m vs SEK 664.9m prior year.
EBITDA for Q3 2025 was SEK 8.3m, down from SEK 15.6m in Q3 2024; YTD EBITDA SEK 34.1m, slightly up from SEK 33.6m.
Operating result for Q3 2025 was SEK 5.2m, compared to a loss of SEK 0.4m in Q3 2024; YTD operating result SEK -5.0m vs SEK -10.4m.
Net loss for Q3 2025 was SEK -6.6m, improved from SEK -19.5m in Q3 2024; YTD net loss SEK -32.5m vs SEK -37.7m.
Cash flow for Q3 2025 was SEK 4.4m, up from SEK 0.6m in Q3 2024.
Outlook and guidance
Focus for Q4 is on completing reorganization, launching a new SME sales plan, and expanding international train booking offerings.
How will bondholder restructuring address working capital needs
Why is revenue declining despite market growth?
Quantify impact of digital conversion and cost cuts
Partial view of Summaries dataset, powered by Quartr API
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Next TapTravel Nordic earnings date
Q4 202527 Feb, 2026
Next TapTravel Nordic earnings date
Q4 202527 Feb, 2026
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