Grangex reported higher revenue for the third quarter compared to the same period last year, while also reducing its operating loss.

Revenue rose by 42.3 percent to SEK 3.7 million (2.6).

The operating result amounted to SEK -12.1 million (-18.6).

Net result after tax was SEK -38.5 million (-40.0).

Earnings per share came in at SEK -2.42 (-2.85).

Cash flow from operating activities totaled SEK -18.9 million (-20.9).

Cash and cash equivalents stood at SEK 22.7 million (110.5).

"Since our acquisition of Sydvaranger in 2024, the development of our operations has been entirely financed through our unique, strategic partnership with Anglo American. To date, Anglo American has contributed a total of USD 27 million, which has enabled Grangex to avoid new share issues, and thus, we shareholders have avoided dilution. We are now approaching the time for major capitalization, which will consist of a share issue and bond financing," said CEO Christer Lindqvist.

Grangex, SEK million Q3-2025 Q3-2024 Change
Net revenue 3.7 2.6 42.3%
Operating result -12.1 -18.6
Net result -38.5 -40.0
Earnings per share, SEK -2.42 -2.85
Cash flow from operating activities -18.9 -20.9
Cash and cash equivalents 22.7 110.5 -79.5%