Kid ASA (FRA:97Q)
€ 10.52 +0.28 (+2.73%) Market Cap: 427.45 Mil Enterprise Value: 641.21 Mil PE Ratio: 22.26 PB Ratio: 3.50 GF Score: 71/100

Q1 2025 Kid ASA Earnings Call Transcript

May 15, 2025 / 06:30 AM GMT
Release Date Price: €13.22 (-1.20%)

Key Points

Positve
  • Kid ASA (FRA:97Q) reported all-time high revenues for Q1 2025, reaching 733.7 million, marking a 5.3% growth over the previous year.
  • The company successfully launched new categories since 2022, contributing 39.1 million in revenues this quarter.
  • Online revenue share increased by 0.3% points to 12.3% this quarter, indicating growth in digital sales channels.
  • Kid ASA completed six store projects and signed new store agreements in Sweden, Norway, and Finland, indicating expansion and growth potential.
  • A new financing agreement with Nodea was signed, providing expanded limits and favorable terms to support ongoing operations and growth initiatives.
Negative
  • Gross margin decreased by 0.9% points, primarily due to higher freight costs and campaign-driven sales.
  • EBITDA decreased by 9.2 million this quarter, reflecting increased operating expenses and logistical challenges.
  • The company experienced a slight decrease in the number of customers, although this was offset by an increase in average basket size.
  • Logistical challenges caused delays in the spring and summer assortment, impacting revenues.
  • Operating expenses increased by 8.3%, driven by wage settlements, new store expenses, and marketing investments.


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E D I T E D V E R S I O N

KID.OL - Kid ASA
Q1 2025 Kid ASA Earnings Call
May 15, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to this cu one presentation with Kid Elsa. With this, I give the word over to CEO Marianna Fulford and CFO Matt Keegan.

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Unidentified_2 [2]
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Thank you.

Good morning everyone and welcome to the presentation of 1st quarter 2025 results.

Before we begin, I would like to take a short moment to introduce myself as I recently stepped into the role of CEO on May 1st.

I've been a part of kids since 2008, initially joining as category manager. Since 2016, I have served as director of sourcing and assortment, playing a key role alongside
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