Qliro AB (QLIRO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and welcome everyone to our Q4 presentation for CLIRO. I'm Kristoffer Rutgersson, the CEO of the company. And today I will talk about some repetitions on our strategic highlights, where we're heading, go through our financial update, talk about the outlook and then leave some time for Q&A. So first of all, in terms of our strategic highlights, we still see a large opportunity to build a new European leader in composable payments. And we are continuing to broaden our integration in the composable payment space with platforms across the Nordics and different kind of best of breed solutions that our merchants are working with. We want to deliver a world leading experience for merchants in their consumer journey. We see that as a foundation for our growth over the coming years. We see good indications in Q4 on this momentum with 46% volume growth in the quarter leading up to a full year growth of 39%. That is also leading to that our BNPL volume, which is our most profitable volumes on the part payment side of the business, on the pay later volumes, that we are accelerating with 32% growth in Q4 up from the growth we had in Q3. And as you know, that's been lagging a bit in kind of early 2025. So our income generation come a bit later than expected, but we see that momentum now kind of increasing to 32% on the BNPL. leading to an income growth in the quarter of 14%, which is within our guidance for the quarter. This is also fueled by our success in the small and medium segment of e-commerce, where we see a growth of more than 40% of new volume growth is coming from this segment, with new sales also reaching all-time high in Q4. So we expect this kind of growth momentum to continue also going forward. And we see improved profitability in Q4 from Q3. We're reducin...