ARCTIC BLUE BEVERAGES AB: YEAR-END REPORT JAN–DEC 2025
THE PERIOD JANUARY – DECEMBER 2025
- Revenues (Jan - Dec): SEK 4 963 thousand (SEK 5 130 thousand on corresponding period 2024)
- EBITDA: SEK –12 356 thousand (SEK –13 212 thousand)
- Adjusted operative EBITDA1) – 11 506 thousand (SEK -13 206) improved from corresponding period
- EBIT: SEK –13 753 thousand (SEK –14 663 thousand)
- Net result: SEK –15 543 thousand (SEK –16 702 thousand)
- Earnings per share (EPS) -0,34 SEK / share
- Cash and cash equivalents: SEK 3 987 thousand (31 December 2025)
THE PERIOD OCTOBER – DECEMBER 2025
- Revenues (Oct - Dec): SEK 1 484 thousand (SEK 1 350 thousand on corresponding period 2024)
- EBITDA: SEK – 2 318 thousand (SEK –3 893 thousand)
- Adjusted operative EBITDA1) -2 515 thousand (SEK -3 933) improved from corresponding period
- EBIT: SEK –2 665 thousand (SEK –4 190 thousand)
- Net result: SEK –2 940 thousand (SEK –5 096 thousand)
- Earnings per share (EPS) -0,04 SEK / share
1)Excluding incentive programs provisions and restructuring costs
SIGNIFICANT EVENTS DURING OCTOBER – DECEMBER 2025
- The Company’s subsidiary Arctic Blue Beverages Oy signed a term sheet with former NHL star and entrepreneur Teemu Selänne regarding the formation of a joint venture aimed at launching and commercializing the Arctic Blue Long Drink product portfolio in the U.S. market.
SIGNIFICANT EVENTS AFTER PERIOD
- Arctic Blue Coastal Dry Gin, the first product of the Company’s Arctic Blue Distillery, was awarded with a silver medal in the category “Finnish Gins“ at UISGE 2026.
REPORT HIGHLIGHTS
FOCUS ON COMMERCIALIZATION, WIDER PORTFOLIO AND EXPANSION PLANS
“The year of 2025 was challenging in Finland both in terms of restaurant sales and Alko monopoly’s sales. By widening our product portfolio to RTD products, increasing e-commerce sales and implementing new gin products of our own Arctic Blue Distillery we were able to compensate declining sales both in Alko and HoReCa sector.
Arctic Blue Long Drink is an important product for us because it brought the product to a completely new distribution channel and to new customer groups who shop in grocery stores. Year 2025 sales and customers feedback have shown us that this is the right and potentially very significant product for the Company both in domestic and export markets.
Arctic Blue Distillery has brought a whole new addition to the Company's product offering when we have developed new unique products, organize local product tastings and other events at the Arctic Blue Distillery in the heart of Helsinki. New tailormade small batch gins will give the HoReCa sector the opportunity to expand their offering and highlight their own characteristics.
In the fourth quarter of 2025 the sales revenue increased by 10 % compared to the same period a year ago and was up to 25% compared to the previous quarter. Increase was driven by the improved sales of the Finnish domestic market, e-commerce and own Arctic Blue Distillery products.
Particularly in December 2025 e-commerce sales increased clearly compared to the previous months. Overall export sales have continued to be slower than expected, we saw a positive sign in sales to other European countries but decline outside Europe. However, we are aware that building local awareness and brand visibility is crucial for our e-commerce strategy, and thus we will further continue investing in it.
The Arctic Blue Distillery has continued to produce and develop new small batch gins. A new special Christmas edition “Glogg Gin”, which was well received, was introduced for the Finnish HoReCa sector.
Although the challenging economic situation continued throughout the fourth quarter, there were positive signs, such as overall sales growth compared to the previous year, as well an increased e-commerce sales and new special editions of Arctic Blue Distillery. Also a leaner cost structure was visible in the financial figures.
After signing the term sheet with Teemu Selänne we have progressed in corporate structure planning and are in the middle of corporate and investment agreements finalization. This has taken more time than earlier estimated. However, at the same time we have been working with distributor and co-packing partner explorations and selections and alcohol import, warehousing and sales licence process initiations. Also core team building and key hires initiations have been started.
We will continue to have our focus on increasing commercialization of our existing products, further widering our product portfolio and finalizing corporate and investment agreements in the US”, says Petri Hirvonen, CEO of Arctic Blue Beverages.
Arctic Blue Beverages AB has published its January - December 2025 Year-End Report on the Company’s website today. The Year-End Report is available to download on the Company’s website www.arcticbluebeverages.com/investors/financial-reports/. A PDF version of the Year-End Report is attached to this press release.
The Annual Report 2025 and the other financial reports will be published according to Financial Calendar and will be available to download on the Company’s website www.arcticbluebeverages.com/investors/financial-reports/.
FINANCIAL CALENDAR
Year-End Report 2025 February 18, 2026
Annual Report 2025 April 16, 20256
Interim report Jan – Mar 2026 May 14, 2026
Annual General Meeting 2026 June 15, 2026
Half-Year Report 2026 August 20, 2026
Interim Report Jan-Sep 2026 November 19, 2026
Year-End Report 2026 February 18, 2027