New Bubbleroom Sweden Ab · OMXSTO:BBROOM
New Bubbleroom Sweden Ab — Q3 2024 Earnings Presentation
13 slides from New Bubbleroom Sweden Ab's earnings presentation, Oct 24, 2024
Slide 1: 1
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Slide 2: Today's Presenters
TODAY’S PRESENTERS CEO CFO Magnus Månsson Andreas Malmström 2
Slide 3: Agenda
AGENDA • Highlights Q3 2024 • Business update Q3 and looking forward • Financial performance Q3 2024 • Conclusions • Q&A 3
Slide 4: Highlights – Q3 2024
HIGHLIGHTS – Q3 2024 GROWTH GROWTH JUL-SEP JAN-SEP • Net sales showed a small growth of 0.2%*) and sales for +0.2% +3.1% (-2.9%) (-1,9%) the quarter amounted to 92,0 MSEK. • Focus on securing a strong gross margin during the quarter, resulting in an improvement to 63.2% compared GROSS MARGIN GROSS M
Slide 5: Business update Q3 and looking forward
Business update Q3 and looking forward • The focus on our business initiatives continues • Business initiatives • Customer journey • Product journey (speed to market) • Growth • Profitability and cash flow • Customer journey • Evolve customer service to next level • Product reviews • Bubbleroom Memb
Slide 6: Business update Q3 and looking forward
Business update Q3 and looking forward • Continuous development of already implemented initiatives • Marketing activities • Press day for presentation of our AW24 collection • Strengthen brand marketing • Continue to develop Bubbleroom Member • Personalized communication and offers • Sustainability
Slide 7: Improved margins and strong cost focus
Improved margins and strong cost focus MSEK Net Sales Gross Profit • Sales increased by +0.2% (-2.9) and amounted +0.2% to SEK 92,0 million. 91.8 92.0 • Gross margin at 63.2% (60.0) with a total of SEK +5.4% 58,1 million, growing with 5.4% compared to last 55.1 58.1 year. 60,0% 63,2% • Share of own
Slide 8: Growing sales and improved profitability during the first nine months
Growing sales and improved profitability during the first nine months MSEK Net Sales Gross Profit • Sales increased by +3.1% (-1.9) and amounted to +3.1% +4.9% SEK 326,4 million. 326.4 216.0 316.4 205.9 • Gross margin at 66.2% (65.1) with a total of SEK 216,0 million, growing with 4.9% compared to l
Slide 9: Balance Sheet
BALANCE SHEET*) MSEK 30 sep. 30 sep. 31 dec. 2024 2023 2023 ASSETS Intangible Assets 5,1 6,6 6,5 • During Q3 2024 inventory levels decrease to SEK Tangible Assets 48,3 55,5 53,8 86,3 million (88,0), a reduction of SEK 1,7 million. Financial Assets 4,1 4,1 4,1 We have seen our inventory stabilizing o
Slide 10: Cash Flow Q3
CASH FLOW Q3*) 5.0 • Cash flow from operations in Q3 2024 was SEK -42,5 0.4 million (-32,0). 18.9 1.1 • No cash flow from investing activities during the quarter. Capex earlier in 2024 refers mainly to 19.3 investments in our ERP. -42.5 • Cash flow from financing activities amounted to EBITDA Adjust
Slide 11: Conclusions
Conclusions • A quarter driven by the implemented business initiatives with strong margin and cost control • Continued strong execution by the organization • Continued focus on returning to profitability 11
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Slide 13: bubbleroom.com | New Bubbleroom Sweden AB
bubbleroom.com | New Bubbleroom Sweden AB Prognosgatan 11 | 504 64 Borås 13
New Bubbleroom Sweden — Q3 2024 Earnings Presentation on 6ix