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Gross profit growth in all regions

STOCKHOLM, May 8, 2025 /PRNewswire/ --

January–March 2025

• Net sales increased by 4 percent to SEK 7,049m (6,792), corresponding to 3 percent organic growth.

• Gross profit increased by 4 percent to SEK 2,408m (2,312), corresponding to 2 percent organic growth. All regions and product categories reported organic gross profit growth.

• EBITDA decreased by SEK 4 percent to SEK 740 (768), corresponding to 7 percent organic decline.

• Adjusted EBITDA increased by 12 percent till SEK 889m (794), corresponding to 8 percent organic increase.

• The loss after tax for the quarter amounted to SEK -47m (-90).

• Cash flow from operations after investments was SEK -104m (424) and negatively affected by a temporary working capital increase.

• Free cash flow per share, rolling 12 months, was SEK 2.15 (1.80). Cash conversation rolling 12 months was 50 percent. 

• Net debt in relation to rolling 12 months adjusted EBITDA was 1.4 (2.0).

Significant events during the quarter

• IDC recognized Sinch as a leader in CPaaS.

• Sinch launched the RCS Business enablement service - a solution that helps operators launch and manage RCS for Business.

• Sinch expanded its partnership with Verizon to provide RCS for Business Messaging to Verizon customers.

• Sinch co-founder Robert Gerstmann was appointed acting CPO as Sean O'Neal left Sinch.

Significant events after the end of the quarter

• Jonas Dahlberg joined Sinch as new CFO on April 1.

• Sinch published the 2024 Annual report.

• The board of directors has asked for authorization for up to 10 percent share buybacks from the general meeting.

• Sinch announced partnerships with OneReach.ai.

• Omdia named Sinch a CPaaS leader.

Invitation to webcast and phone conference

Sinch will present the interim report in a webcast and phone conference on Thursday, May 8, 2025, at 2:00 PM CEST. Watch the presentation at investors.sinch.com/webcast. Follow the link below to register to participate via phone conference: https://conference.inderes.com/teleconference/?id=5005056. After you register, you will be given a phone number and conference ID to log into the conference.

For additional information, please contact

Ola Elmeland, Investor Relations
+46 72 143 34 59
investors@sinch.com

Jonas Dahlberg, Chief Financial Officer
+46 70 347 23 83
investors@sinch.com

About Sinch

Sinch is pioneering the way the world communicates. More than 175,000 businesses – including many of the world's largest tech companies – rely on Sinch's Customer Communications Cloud to improve customer experience through mobile messaging, voice, and email. Sinch has been profitable and fast-growing since it was founded in 2008. It is headquartered in Stockholm, Sweden, with shares traded on NASDAQ Stockholm: XSTO:SINCH. XSTO:SINCH. Read more at sinch.com.