Safello Group returns to profitability in Q3 2026, citing a successful reduction in operating expenses and improved gross margins following a June fee restructuring.
Safello reports its first profitable quarter since the CEO's return, with operating profit of SEK 0.8 million and net profit of SEK 0.7 million for Q3 2026. Operating expenses fell to SEK 7.6 million from SEK 12.9 million a year ago, and the June fee restructuring lifted gross margin to 8.8% in a still-weak market. A return to profitability after losses is a clear positive surprise likely to lift the small-cap share, though management itself cautions that one quarter is only a data point.
Yes. For July–September 2026 Safello reported an operating profit of SEK 0.8 million and a net profit of SEK 0.7 million, its first profitable quarter since the current CEO returned.
Through both cost cuts and revenue measures: total operating expenses fell to SEK 7.6 million from SEK 12.9 million a year earlier, and a fee structure adjustment at the end of June lifted the gross margin to 8.8%.
Safello Group AB returned to profitability in the third quarter of 2026, posting an operating profit of SEK 0.8 million. The turnaround was driven by a significant reduction in operating expenses to SEK 7.6 million and a fee structure adjustment that improved gross margins to 8.8%.
Yes. For July–September 2026, Safello reported an operating profit of SEK 0.8 million and a net profit of SEK 0.7 million, its first profitable quarter since the current CEO returned.
Through both cost cuts and revenue measures: total operating expenses fell to SEK 7.6 million from SEK 12.9 million a year earlier, and a fee structure adjustment at the end of June lifted the gross margin to 8.8%.