Rugvista Group Ab · OMXSTO:RUG
Rugvista Group Ab — Q2 2025 Earnings Presentation
25 slides from Rugvista Group Ab's earnings presentation, Aug 14, 2025
Slide 1: Interim report January – June 2025
Interim report January – June 2025 Rugvis ta G roup AB (publ)
Slide 2: Strong quarter in a continued changing environment
Interim report January – June 2025 Strong quarter in a continued changing environment Second quarter Group key performance indicators 1 ▪ Net revenue was SEK 150.5 (128.4) million, corresponding to an increase of 17.2% (-0.5%). SEK thousand if not stated otherwise Q2 2025 Q2 2024 YTD 2025 YTD 2024 ▪
Slide 3: CEO quote on solid second quarter result
” Rugvista delivered a solid result in the second quarter of 2025, with clear growth and improved profitability – despite a recession where households remained cautious in their purchases of discretionary goods.” Ebba Ljungerud, CEO
Slide 4: CEO comment
CEO comment Strong quarter in a continued changing environment Dear shareholders , During the quarter, order volume increased by 26.3% to 73.9 (58.5) thousand, and the number of new customers rose by 25.8% to 51.9 (41.2) thousand. Marketing costs as a share of net sales, at Rugvista delivered strong
Slide 5: Financial development
Group development Financial development As of January 1, 2025, the Group has changed its segment Net rev enue – geographical distribution During the quarter, we carried out a clearance sale of parts of the reporting from the previous three segments to now reporting only The Nordics continued to be t
Slide 6: Operating profit and operating profit margin
O perating profit and operat ing prof it margin Financial position and liquidity AoV vs LY, % +26.3% Operating profit (EBIT) was SEK 7.1 (2.4) million and the operating The value of inventory at the end of the period amounted to SEK Number of orders, thousand margin was 4.7% (1.8%). The increase in
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Slide 8: Other information
Rugvista Group AB (publ) Other information M at erial ev ents no direct exposure in Israel, Gaza, or Lebanon, but the events may about incentive programs, see below under “LTIP2022” and During the quarter have an indirect impact through consumer confidence, inflation, “LTIP2023” as well as the compa
Slide 9: Other information
Other information LT IP2022 T ransactions w ith closely related parties The Group has issued warrants as part of an incentive program During the quarter (“LTIP 2022/2025”). Each warrant entitles, after adjustment due to No transactions with related parties occurred during the quarter. dividends deci
Slide 10: Financial calendar
Rugvista Group AB (publ) Financial calendar Financial calendar Activity Date Conference call Interim report January – September 2025 6 November 2025 09:00-10:00 CET Year-end report 2025 5 February 2026 09:00-10:00 CET In connection with the publication of the interim report, Ebba Contact information
Slide 11: Financial reporting
Financial reporting
Slide 12: Group statement of income
Financial reporting Group Statement of Income Statement of Comprehensive income SEK thousand Q2 2025 Q2 2024 YTD 2025 YTD 2024 FY 2024 SEK thousand Q2 2025 Q2 2024 YTD 2025 YTD 2024 FY 2024 Net revenue 150,475 128,357 347.474 304,212 694,847 Profit for the period 5,468 2,570 27,669 19,722 51,771 Oth
Slide 13: Statement of Financial position
Statement of Financial position SEK thousand June 30, 2025 June 30, 2024 December 31, 2024 SEK thousand June 30, 2025 June 30, 2024 December 31, 2024 ASSETS EQITY AND LIABILITIES NON-CURRENT ASSETS EQUITY Goodwill 299,949 299,949 299,949 Share capital 1,039 1,039 1,039 Intangible assets 18,696 23,47
Slide 14: Statement of Changes in Equity
Statement of Changes in Equity Statement of Changes in Equity April – June January - June Retained earnings Retained earnings Other contributed including profit Other contributed including profit 2025 Share capital capital for the period Total equity 2025 Share capital capital for the period Total e
Slide 15: Statement of Cash flow
Statement of Cash flow Q2 2025 Q2 2024 YTD 2025 YTD 2024 FY 2024 Operating activities before changes in working capital EBIT 7,113 2,360 34,325 22,333 60,705 Adjustments for non-cash items Depreciation and amortization 6,457 3,941 11,299 7,508 16,948 Change in provisions -561 - -561 - 3,030 Unrealiz
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Slide 17: Notes
Financial reporting Notes Not e 1 – Account ing Principles values of assets, liabilities, revenues, and expenses. The areas procedures, while others are largely driven by external factors. This interim report has been prepared in accordance with IAS 34 where such estimates and assumptions are signif
Slide 18: Note 4 – Financial assets and liabilities
Note 4 – Financial assets and liabilities Note 5 – Tangible assets Financial assets and liabilities by category: Q2 2025 Q2 2024 YTD 2025 YTD 2024 Financial assets valued at accrued acquisition value Acquisition cost Equipment 15,864 12,465 15,777 10,883 Acquisitions during the period 301 850 389 1,
Slide 19: Parent company
Financial reporting Parent company Parent company’s Statement of Income Parent company’s Statement of Financial position SEK thousand Q2 2025 Q2 2024 YTD 2025 YTD 2024 FY 2024 SEK thousand June 30, 2025 June 30, 2024 December 31, 2024 ASSETS Net revenue 5,705 4,100 9,797 7,569 20,236 NON-CURRENT ASS
Slide 20: Board of Directors and Chief Executive Officer assurance
Rugvista Group AB (publ) Board of Directors and Chief Executive Officer assurance The Board of Directors and the Chief Executive Officer (CEO) hereby confirm that the interim report provides a fair overview of the development of the Group’s and the parent company’s (Rugvista Group AB (publ)) operati
Slide 21: Definitions of metrics and key performance indicators
Rugvista Group AB (publ) Definitions of metrics and key performance indicators In accordance with ESMA’s guidelines on Alternative Performance Measures (APMs), we have used certain non-IFRS financial measures in this report. These measures are used to provide additional insights into our business an
Slide 22: Glossary
Rugvista Group AB (publ) Glossary Acronym Explanation B2B Business-to-Business, i.e., segment representing sales to other businesses. B2C Business-to-Consumer, i.e., segment representing sales to private individuals (consumers). MPO Marketplaces & Other, i.e., segment representing sales via third pa
Slide 23: Reconciliation of Alternative Performance Measures (APMs)
Rugvista Group AB (publ) Reconciliation of Alternative Performance Measures (APMs) SEK thousands Q2 2025 Q2 2024 YTD 2025 YTD 2024 Gross profit and gross margin, % Total operating income (A) 150,692 128,805 348,107 304,941 Goods for resale (B) -56,633 -47,999 -127,960 -115,847 Gross profit (A) + (B)
Slide 24: Information by quarter for selected expenses
Rugvista Group AB (publ) Information by quarter for selected expenses SEK thousand Jan - Mar 2022 Apr - Jun 2022 Jul - Sep 2022 Oct - Dec 2022 Expense item SEK K %1 SEK K %1 SEK K %1 SEK K %1 Net revenue 185,973 100.0% 121,228 100.0% 127,937 100.0% 204,135 100.0% Product expenses -45,993 -24.7% -32,
Slide 25: Lodgatan 11, Malmö, Sweden www.rugvistagroup.com
Lodgatan 11, SE-211 24 Malmö, Sweden www.rugvistagroup.com Rugvista Group AB (publ) • Interim report Q2 2025