Rvrc Holding Ab · OMXSTO:RVRC
Rvrc Holding Ab — Q3 2025 Earnings Presentation
20 slides from Rvrc Holding Ab's earnings presentation, May 6, 2025
Slide 1: Q3 Presentation
Q3 PRESENTATION January – March 2024/25 RVRC Holding AB (publ)
Slide 2: Presenters
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 PRESENTERS
Slide 3: This is RevolutionRace
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 THIS IS REVOLUTIONRACE INTERNATIONAL DIGITAL D2C FACILITATES FACTS STRONG CUSTOMER SOLID FINANCIALS OUTDOOR BRAND AFFORDABLE QUALITY OFFERING •Launched: 2014 COMMUNITY •Pants Net sales •Listed: Nasdaq +2 million •Jackets Stockholm since 2021
Slide 4: The world is our playground
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 THE WORLD IS OUR PLAYGROUND Available to customers in ~40 countries 18 3 Unique webshops Local 3PL warehouses ~130 +25 Local webshop Global sites 3PL Warehouse HQ Production countries FTEs Product suppliers 4
Slide 5: Net sales development
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 NET SALES DEVELOPMENT • Net sales amounted to SEK 486m in Q3 compared to SEK 478m LY • Growth in net sales Q3 amounted to +2% compared to LY • Growth in net sales Q3 in local currencies amounted to +2% compared to LY 5
Slide 6: Growth in a challenging international market
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 GROWTH IN A CHALLENGING INTERNATIONAL MARKET Regional Net sales development (SEKm) Share of Net sales by region in the quarter • 78% of Net sales generated outside the Nordics • Nordics growth of 9% YoY (10% in local currencies) • DACH growt
Slide 7: Q3 Highlights
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 Q3 HIGHLIGHTS Continued growth • Net sales increased by 2 percent and amounted to SEK 486 million • Continued sales growth in Nordics +9% Industry-leading margins • Gross margin of 69.4 percent • Adj. EBIT SEK 101 million (20.8 percent adj.
Slide 8: Outlet store launch in Stockholm
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 OUTLET STORE LAUNCH IN STOCKHOLM ”We see exciting potential to expand our retail footprint and are currently evaluating opportunities for further physical locations as a complement to our e-commerce business.” 8
Slide 9: Customer reviews and social media followers
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 +720,000 customer reviews +2 million SoMe followers 9
Slide 10: Financial Performance
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 FINANCIAL PERFORMANCE 10
Slide 11: Gross profit and margin
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 GROSS PROFIT AND MARGIN • Gross profit in Q3 amounted to SEK 337m, decreased by 1% compared to SEK 342m LY • Gross margin in Q3 was 69.4 (71.5) percent 11
Slide 12: Personnel expenses and other external expenses
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 PERSONNEL EXPENSES OTHER EXTERNAL EXPENSES • The average number of FTEs for the quarter was 132 (121) and personnel expenses as share of net sales were in line with LY • Other external expenses as share of net sales has decreased compared to
Slide 13: EBIT
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 EBIT • Adjusted EBIT margin was 20.8 percent in Q3 and EBIT margin was 16.4 percent, compared to 21.0 and 21.0 percent LY • The LTM adjusted EBIT margin amounts to 20.5 percent 13
Slide 14: Balance sheet & net working capital
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 BALANCE SHEET & NET WORKING CAPITAL SEKm 31/03/2025 30/06/2024 31/03/2024 Intangible Assets 800 802 803 Tangible Assets 14 14 15 Deferred Tax 2 2 2 Current Assets 770 800 805 Total Assets 1,586 1,618 1,624 Equity 1,221 1,252 1,272 Long-term
Slide 15: Inventory development
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 INVENTORY DEVELOPMENT • Inventory has increased by SEK 82m compared to Q3 LY • Inventory has decreased by SEK 49m compared to Q2, driven by decrease in Goods in Transit • Inventory is well balanced and expected to gradually decrease in the c
Slide 16: Cash flow & financial position
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 CASH FLOW & FINANCIAL POSITION • Solid cash position of SEK 280m and net cash position of SEK 147m as of March 31 – cash adjusted for lease liabilities of SEK 12m • Cash flow from operating activities of SEK -110m, primarily attributable to
Slide 17: Dividend and repurchase of shares
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 DIVIDEND AND REPURCHASE OF SHARES Dividend policy RevolutionRace intends to distribute surplus capital to shareholders after considering long-term financial stability, growth opportunities and strategic initiatives. With these considerations
Slide 18: The RevolutionRace continues
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 The RevolutionRace continues “We continue to deliver growth and strong profitability in a challenging market environment. We see strong potential to continue our long-term growth journey and note that sales during the first weeks of the four
Slide 19: Nature is our playground!
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 NATURE IS OUR PLAYGROUND! 19
Slide 20: Important information
RVRC HOLDING AB (PUBL) Q3 PRESENTATION 2024/25 MAY 6, 2025 IMPORTANT INFORMATION This presentation may contain forward-looking statements. All statements other than statements of historical fact included in the presentation are forward-looking statements. Forward-looking statements give the company’