Rvrc Holding Ab · OMXSTO:RVRC
Rvrc Holding Ab — Q2 2025 Earnings Presentation
20 slides from Rvrc Holding Ab's earnings presentation, Jan 30, 2025
Slide 1: Q2 Presentation October–December 2024/25
Q2 PRESENTATION October – December 2024/25 RVRC Holding AB (publ)
Slide 2: Presenters
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 PRESENTERS
Slide 3: This is RevolutionRace
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 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 since: 2021 +2 million •Jackets •HQ: Borås,
Slide 4: The world is our playground
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 THE WORLD IS OUR PLAYGROUND Available to customers in ~40 countries 18 3 Unique webshops Local 3PL warehouses ~130 +25 FTEs Product suppliers Available in three new markets in Q2 Local webshop Global sites 3PL Warehouse HQ Production co
Slide 5: Net sales development
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 NET SALES DEVELOPMENT • Net sales amounted to SEK 684m in Q2 compared to SEK 613m LY • Growth in net sales Q2 amounted to +12% compared to LY • Growth in net sales Q2 in local currencies amounted to +11% compared to LY 5
Slide 6: Growth in a challenging international market
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 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 • DACH growth of 15% YoY (15% in local currencies) • RoW gro
Slide 7: Q2 highlights
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 Q2 HIGHLIGHTS Continued growth and strong performance • Net sales increased by 12 percent and amounted to SEK 684 million • Sales growth in all three regions • Strong sales growth in DACH +15% • Sales growth in Nordics +9% and RoW +5% I
Slide 8: +700,000 customer reviews, +2 million SoMe followers
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 +700,000 customer reviews +2 million SoMe followers 8
Slide 9: Expanded product portfolio
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 EXPANDED PRODUCT PORTFOLIO 9
Slide 10: Financial performance
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 FINANCIAL PERFORMANCE 10
Slide 11: Gross profit and margin
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 GROSS PROFIT AND MARGIN • Gross profit in Q2 amounted to SEK 481m, increased by 12% compared to SEK 431m LY • Gross margin in Q2 was 70.3 (70.2) percent 11
Slide 12: Personnel and other external expenses
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 PERSONNEL AND OTHER EXTERNAL EXPENSES • The average number of FTEs for the quarter was 134 (118) and personnel expenses as share of net sales were in line with LY • Other external expenses as share of net sales were in line with LY 12
Slide 13: EBIT
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 EBIT • EBIT margin was 22.9 percent and Adjusted EBIT margin was 23.6 percent in Q2, compared to 23.3 and 23.8 percent LY • The LTM adjusted EBIT margin amounts to 20.6 percent 13
Slide 14: Balance sheet & net working capital
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 BALANCE SHEET & NET WORKING CAPITAL SEKm 31/12/2024 30/06/2024 31/12/2023 Intangible Assets 801 802 804 Tangible Assets 12 14 15 Deferred Tax 2 2 2 Current Assets 938 800 849 Total Assets 1,753 1,618 1,669 Equity 1,167 1,252 1,209 Long-
Slide 15: Inventory development
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 INVENTORY DEVELOPMENT • Inventory has increased by SEK 155m compared to LY, driven by increased lead times and currency • Inventory has increased by SEK 15m compared to LY 15
Slide 16: Cash flow & financial position
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 CASH FLOW & FINANCIAL POSITION • Solid cash position of SEK 280m and net cash position of SEK 270m as of Dec 31 – cash adjusted for lease liabilities of SEK 10m • Cash flow from operating activities of SEK 327m, primarily following an i
Slide 17: Dividend per share and pay-out ratio
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 Dividend per share and pay-out ratio Dividend policy RevolutionRace intends to distribute surplus capital to shareholders after considering long-term financial stability, growth opportunities and strategic initiatives. With these consid
Slide 18: The RevolutionRace continues
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 The RevolutionRace continues “Our margins remain industry-leading, and we are increasing our market share. We see strong potential to continue our growth journey and note that sales during the first weeks of January 2025 shows some grow
Slide 19: Nature is our playground!
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 2025 NATURE IS OUR PLAYGROUND! 19
Slide 20: Important information
RVRC HOLDING AB (PUBL) Q2 PRESENTATION 2024/25 JANUARY 30, 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 com