Goobit Group AB publishes its Interim Report Q3 2025/2026, 1 November 2025 - 31 January 2026

2026-03-16
8:30

Goobit Group AB (“Goobit” or the “Company”) has published its interim report for Q3 of the financial year 2025/2026. The quarter was characterized by continued development of the Company’s institutional offering, strengthened banking infrastructure, and important strategic initiatives aimed at positioning Goobit ahead of a more regulated Nordic crypto landscape. The Company encourages all stakeholders to review the full report.

Overview of financial results

Q3, 1 NOVEMBER 2025 – 31 JANUARY 2026
– COMPARED WITH THE CORRESPONDING PERIOD OF THE PREVIOUS YEAR –

  • Net sales amounted to 107.6 MSEK (186.4).
  • Operating profit amounted to -2.6 MSEK (0.8).
  • Profit after financial items amounted to -2.7 MSEK (0.7).
  • Earnings per share before and after dilution amounted to -0.007 SEK (0.002).

Significant events during the period
Goobit AB entered into a new strategic partnership with BitGo Europe GmbH, a company specializing in digital asset infrastructure. The partnership strengthens Goobit’s institutional infrastructure and supports the Company’s long-term Bitcoin strategy through robust, secure, and future-ready services.

Goobit AB also established a new Nordic banking partner, strengthening the Company’s banking infrastructure and improving its ability to serve customers across the Nordic region. As part of this development, the Company also introduced Swish as a new payment method for Swedish customers.

Significant events after the period
On 27 February, the Company announced a strategic initiative to explore M&A opportunities and partnerships aimed at strengthening the Nordic crypto market ahead of the full implementation of the MiCA regulatory framework.
In February, it was also announced that Sandy Haddad was appointed as the new MLRO, succeeding Rickard Jerndahl, who stepped down from his roles at Goobit Group AB.

Summary
During the quarter, Goobit continued to strengthen its position as a specialized Nordic Bitcoin player through enhanced institutional infrastructure, improved payment flows, and continued regulatory preparation. At the same time, the financial outcome for the quarter was impacted by lower trading volumes compared with the corresponding period of the previous year.



Shareholder Letter – Goobit Group AB

Dear shareholders,

When I began working with Bitcoin in 2011, BTCX was built on a simple belief: an open, global monetary network would eventually matter to everyone, individuals, companies, and nations. Fifteen years later, that belief is no longer a fringe thesis. It is becoming strategy.

Over the last 24 months, our CEO letters have consistently returned to the same core pillars: Bitcoin conviction, regulatory excellence, operational resilience through cycles, and the ambition to be the leading regulated Bitcoin operator in the Nordics, ready for Europe. Q3 (1 November 2025 – 31 January 2026) is another step forward on that path, and the weeks after the quarter have made the direction even clearer.

From preparation to scale
If the earlier quarters were about preparing the foundation, MiCA readiness, onboarding identification and payment infrastructure, institutional custody, lean execution, this period has been about proving that the platform can operate at institutional standards and positioning Goobit to play offense as the Nordic market enters a consolidation phase.

Governance and compliance continuity
In February, Sandy Haddad was appointed as the new MLRO. Compliance is not a checkbox—it is the foundation that enables scale under MiCA, DORA, and stricter reporting regimes. We will keep building the internal controls, processes, and documentation required to be a long-term winner in a regulated European market.

Institutional custody: security that scales
We strengthened our institutional infrastructure further through our partnership with BitGo, complementing our ongoing collaboration with K33. The direction is deliberate: treasury and customer assets must be supported by custody and operational standards that hold up not only in bull markets, but in stress scenarios.

Why we announced an M&A and partnership initiative now
On February 27, we published our strategic initiative to explore M&A and partnerships to strengthen the Nordic crypto market ahead of full MiCA implementation.
The reasoning is straightforward:

  • Compliance and technical costs are rising sharply (MiCA, DORA, and new tax/reporting requirements).
  • Many smaller players will struggle to carry those burdens independently.
  • At the same time, global exchanges are increasingly interested in the Nordics, especially Sweden, now that local rails are becoming more accessible.

In my live interview on February 28, 2026, I summarized it plainly: now is the time to act. In slower market phases, the best strategic decisions get made. The next upswing rewards the companies that used the quieter months to build structure, partnerships, and scale.

Our initiative has three clear tracks:

  1. Global exchange partnerships, offering regulated rails and compliance infrastructure as a Nordic gateway
  2. Nordic consolidation, mergers, acquisitions, carve-outs where it strengthens the ecosystem
  3. Infrastructure collaboration, letting partners build on strong KYC/AML, banking and operational frameworks

Whether Goobit is a buyer, seller, or merger partner depends entirely on the counterparty and structure. What does not change is our intent: to ensure the Nordics end up with stronger, more reliable, more compliant market leaders, rather than being fully absorbed by external players.

We are still operating in the red with a tight cash position which means we must keep strict cost discipline and actively manage burn-rate and cash flow to protect runway while we execute our plan.

Strong activity in BTCX Private Banking (OTC)
One of the clearest signals of where the market is heading is the continued strength in professional flows. Since the start of 2026, our OTC operations via BTCX have processed approximately 480 BTC (~EUR 31 million). This is not a “retail hype” metric—this reflects companies, institutions, and experienced investors choosing a Nordic counterparty that is built for compliance, reliability, and execution.

We see this segment as a key revenue driver and a strategic wedge: it creates long-term relationships, strengthens our banking position, and raises the bar for what “serious Bitcoin infrastructure” looks like in our region.

Improved Swedish payment accessibility
In January we added Swish to BTCX Express, further lowering friction for Swedish customers who want to buy Bitcoin quickly and simply. Competition is increasing as more players integrate Swish and BankID, and that pressure is ultimately good for end users. Our job is to compete by being the most trusted, most transparent, and most operationally reliable option—not the loudest.

Looking ahead into Q4 and 2026
Across every quarterly letter in recent years, one theme has remained constant: Bitcoin is maturing from an “asset” into financial infrastructure. Our plan is to be the Nordic company that meets that moment with:

  • a MiCA-ready regulatory posture
  • scalable payment and banking relationships
  • institutional-grade custody and execution
  • and a product suite that serves both retail and professionals with the same emphasis: trust and resilience

We will continue to communicate transparently as the MiCA process progresses, as partnership discussions evolve, and as our platform and services expand.

Thank you for your long-term support. We’ve built through multiple cycles before, and we are building for the next decade now.



This information is a summary of the quarterly report originally written in English. In the event of any discrepancies between this text and the English version, the English version shall prevail.

For further information, please contact
Christian Ander, CEO, Goobit Group AB
Email: ir@goobit.se

About Goobit Group | BTCX
Goobit Group AB (publ) operates in the financial sector. The Company launched BTCX in 2011, the world’s first still active bitcoin-only exchange. Goobit is Sweden’s leading Bitcoin company within financial services and education. The Company offers exchange services between fiat currencies and bitcoin. Its most well-known brands include BTCX Express Exchange, Standard Exchange (BTCX), OTC Exchange, and Bitcoin Treasury. Goobit Group AB (publ) was registered in 2013 and is a group consisting of the wholly owned subsidiaries Goobit AB and Goobit Blocktech AB. The Group is headquartered in Stockholm, Sweden.

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