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Movinn Q3 EBITDA Rises 53.4% to DKK 2.4 Million on Margin Expansion

Movinn A/S posted a profit of DKK 1.5 million in Q3 2026 as EBITDA margins expanded to 10.6%, supported by cost reductions and a more focused portfolio despite lower overall revenue.

📅 November 13, 2026 🕐 1 min read

1 assets impacted. Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: MOVINN ↑ 5/10 (75% confidence).

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MOVINN

Bullish 🤖 75%

📅 Short-term 🌍 DK · Explicit

Q3 2026 EBITDA rose 53.4% to DKK 2.4 million on 9.8% lower revenue, with EBIT up 466% to DKK 1.8 million and profit of DKK 1.5 million versus near-zero a year ago. The second consecutive profitable quarter and margin expansion to 10.6% from 6.2% point to a durable turnaround. The already-raised 2026 guidance was confirmed, removing upside surprise, and operating cash flow was weak at DKK 0.4 million.

Catalysts

▲ Q3 EBITDA up 53.4% to DKK 2.4 million despite 16.7% fewer units
▲ Second consecutive quarter with positive EBITDA and EBIT

Risk Factors

▼ Net revenue fell 9.8% year-on-year to DKK 23.1 million
▼ Operating cash flow of only DKK 0.4 million versus DKK 3.1 million in Q3 2025

🎯 Key Takeaways

EBITDA grew 53.4% to DKK 2.4 million in Q3 2026, marking the second straight profitable quarter.
Net revenue fell 9.8% to DKK 23.1 million, reflecting a 16.7% reduction in the number of units.
EBITDA margin improved to 10.6% from 6.2% in Q3 2025.
Operating cash flow reached DKK 0.4 million, impacted by a DKK 1.7 million negative change in net working capital.
Full-year 2026 guidance remains unchanged with net revenue expected at DKK 85.5-86.5 million.

📝 Executive Summary

Movinn A/S reported its second consecutive quarter of positive EBITDA and EBIT for Q3 2026, with EBITDA climbing 53.4% to DKK 2.4 million. Despite a 9.8% decline in net revenue to DKK 23.1 million due to a 16.7% reduction in unit count, the company improved its EBITDA margin to 10.6%. Management confirmed the 2026 financial guidance previously updated on 11 November 2026.

❓ FAQ

How did Movinn perform in Q3 2026?

Movinn grew EBITDA by 53.4% to DKK 2.4 million and lifted the EBITDA margin to 10.6% from 6.2%, even though net revenue fell 9.8% to DKK 23.1 million due to 16.7% fewer units. It was the second consecutive quarter with positive EBITDA and EBIT, and profit for the period was DKK 1.5 million.

Did Movinn change its 2026 outlook with this report?

No. The guidance raised on 11 November 2026 was left unchanged: net revenue of DKK 85.5-86.5 million, EBITDA of DKK 1.5-2.5 million and EBIT of DKK (1.1)-(0.1) million, implying Q4 EBITDA of DKK 0.3-1.3 million.

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