Jul 15, 2025 / 12:00PM GMT
Fredrik Norberg - Cdon AB - Chief Executive Officer
Perfect. Thank you, Hjalmar. Welcome to this earnings call in this new venue of DNB Carnegie headquarter. Next to my side, as usual, I have our CFO, Carl Andersson, who will jump in with -- when we're talking about numbers later on. First, to give you a backdrop, this is CDON Group.
We consist of two marketplace brands, CDON and Fyndiq. Combined, we have 3 million active customers. This means that we have the last 12 months have 3 million unique customers who have purchased something on CDON or Fyndiq. We have annual visits of 100 million, and combined from 3,000 merchants, we have 30 million SKUs products for sale at our marketplaces. We are operating an asset-light scalable business model fueled by a negative cash cycle.
This means that we get within one to two days, we get paid from customers and then roughly two weeks later, we pay out to the merchants. And we are operating in a highly attractive market, the e-com market of Nordics with a large potential. The potential we're talking about is how you are shopping online.
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Q2 2025 Cdon AB Earnings Call Transcript
4 days ago
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