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ALVAP: Stable Q3 revenue at €14.8M; B2B growth and regulatory risks shape outlook

ALVAP: Stable Q3 revenue at €14.8M; B2B growth and regulatory risks shape outlook

Kumulus Vape SaNovember 5, 20254
ALVAP: Stable Q3 revenue at €14.8M; B2B growth and regulatory risks shape outlook

About this update from Kumulus Vape Sa

Q3 2025 revenue remained stable at €14.8M, with B2B growth offsetting B2C decline. The company anticipates a strong Q4, but faces regulatory uncertainty over potential new taxes and online sales restrictions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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