Boozt AB (publ) (BOOZT) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Boost Group Q3 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO Herman Haraldson and CFO Michael Bjerg B. Please go ahead. Thank you and good morning all and welcome to our Q3 2025 webcast. Let's turn to the first slide, the agenda. We will have the usual agenda for the presentation. I will present the highlights of the quarter and the business update before handing over to Michael for the financials. So if we look at the next slide, our highlights. Overall, Q3 was a decent quarter. with strong operational performance. We had good margin progression and a solid free cash flow, which is a testament to a strong business model. Our revenue growth is not where we want it to be, but we have seen a gradual improvement, which is important heading into the most important part of the year for Boost. This increase in the quarter was achieved despite a slightly difficult September, which was impacted by less favorable weather conditions for the autumn-winter collection. It was a bit warm. In the quarter, Boost.com gradually gained revenue traction, and particularly in September, where we made a very clear strategic shift to focus on premium in-season sale on Boost.com. This change in September changed the composition of growth between Boost and Boosted and improved the gross margin significantly. I will come back to this shift later. Our profitability improved significantly in the quarter despite continued headwind from currency. The increase was driven by all OPEX ratios. Free cash flow was again strong. The underlying business is fu...