eEducation Albert AB (publ) (ALBERT) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to today's presentation, where we have Albert Group presenting the Q3 2025 report. With us presenting, we have the CEO, Fredrik Bengtsson, and CFO, Erik Bergerlin. If you have any questions, please use the form located to the right, and we'll take that up during the Q&A. And with that said, please go ahead with your presentation. Good morning, and thank you for joining. I am Fredrik Bengtsson, CEO of Albert, and I'm joined today by our CFO, Erik Bergerlin. Together, we will take you through Albert's interim report for the third quarter and first nine months of 2025. After the presentation, we will open up for questions. Over the past six months, Albert has gone through a fundamental transformation. We have restructured, we have reduced costs, and we have refocused on our core strengths. The result is clear. We have stopped bleeding and we have turned profitable. In Q3, Albert delivered its first underlying EBITDA profit of 3 million krona compared to a loss of 8.4 million the same quarter a year ago. That is a swing of more than 11 million krona year on year. Albert started as a pioneer in adaptive learning and has always been about one thing, improving learning outcomes. We have done so by combining smart technology with inspiring content. We have been working with adaptive learning and intelligence-driven pedagogics long before AI became a headline. And we will continue to develop learning platforms that harness the latest technology to enhance the learning experience. Technology is a tool, efficient and individualized learning is the goal. Now we continue our work from a position of profitability and strength. This has been our outspoken ambition and now we have shown that it can be done. Across our platforms, more than 10 million learners have ...