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2025-08-15 07:00:00
Avonova Bidco AB (publ) (“Avonova”) delivered a strong Q2 2025.
Group revenues came in at NOK 446 million (0.3% YoY growth), while ARR ended at NOK 421 million (31.8% YoY growth).
Profitability continued to increase during the quarter and EBITDA* ended at NOK 14,8 million (NOK -20,5 million Q2 2024).
Proforma adjusted EBITDA** (financing EBITDA) LTM Q2 2025 was NOK 94.4 million.
Net Interest Bearing Debt (NIBD) ended at NOK 323.9 million.
The complete Q2 2025 report will be released on 29. August 2025, at 09:00 CEST
*defined as Operating profit/loss minus Depreciation of tangible and intangible assets
** for covenant calculation Proforma Adj EBITDA definition will be used according Avonova BidCo Bond Term Sheet