Reports
Publicerat: 2026-02-27 08:30:00
Financially
| Group Multi-Year Overview | Q4 2025 | Q4 2024 | 2025 | 2024 |
| Net Revenue | 17 437 792 | * | 116 584 844 | * |
| Profit After Financial Items | -2 194 120 | * | -816 471 | * |
| Total Assets | 56 857 252 | * | 56 857 252 | * |
| Equity Ratio | −30,00% | * | −30,00% | * |
| Earnings Per Share | −0,07 | * | −0,04 | * |
| Parent Multi-Year Overview | Q4 2025 | Q4 2024 | 2025 | 2024 |
| Net Revenue | 1 500 000 | 308 940 | 1 550 000 | 702 850 |
| Profit After Financial Items | 690 896 | -6 211 767 | -9 846 427 | -8 599 149 |
| Total Assets | 168 452 192 | 25 623 226 | 168 452 192 | 25 623 226 |
| Equity Ratio | 80% | 38% | 80% | 38% |
* Comparative figures are not available due to a reverse acquisition (2025-09-11), in which Solution International Ltd became the parent company and Solution International Nordics AB (publ) the subsidiary. This has resulted in a new Group structure without historical comparative figures.
CEO’s Statement
2025 was a year of significant transformation for Solution International. During the year we completed the transaction that brought the business into a public setting, executed the steps required to operate as a listed company, and established the governance, reporting structure and internal cadence needed to support long-term growth. This has been a demanding but necessary phase, and it has created a stronger foundation for a scalable business going forward.
As expected, this transformation came with a temporarily higher cost base. The full-year result should be understood primarily as a byproduct of restructuring, transaction execution, and the one-off requirements connected to becoming and operating as a listed company. These are not costs that define our underlying trading performance. With the heavy lifting now largely behind us, we are entering 2026 with a cost structure that is materially more normalised and with clearer operational focus than at any point during the year.
During 2025, Solution reached a net revenue of 116.6 million SEK. The Group’s EBIT for the year amounted to 1 030 884 SEK.
Commercially, we made solid progress across both our core retail (B2B) activities and our e-commerce expansion. Our foundation remains our long-standing retail relationships and our ability to deliver quality, price-sensitive and sustainable consumer products across baby, kids and parents categories. Alongside this, our e-commerce engine accelerated meaningfully. We communicated strong momentum through 2025, including a reported 100% increase in e-commerce sales compared to 2024, supported by broader marketplace distribution and improved operational execution.
We also strengthened our product and brand footprint during the year through initiatives that expand visibility in major retail channels. A clear example is the Peppa Pig feeding range launch to Tesco UK and Ireland, which reinforces both distribution strength and the continued relevance of our licensed portfolio. These developments matter because they build durable demand drivers: stronger shelf presence, higher repeat purchase behaviour, and better conditions to scale online performance in parallel with retail.
As we move into 2026, the direction is clear and we are already seeing the benefits of the work completed in 2025. Our focus is on growing the core business, accelerating our e-commerce contribution, and translating improved execution into stronger margins. We expect the business to benefit from (i) a lower level of transaction-related overheads, (ii) a continued shift toward higher-margin product mix and tighter operational flows, and (iii) a more consistent commercial cadence across both B2B and online channels.
Priorities for 2026:
- Scale the core retail business through deeper key-account execution and continued expansion in priority channels.
- Grow e-commerce as a larger share of revenue by increasing marketplace reach, conversion, and operational efficiency.
- Improve margins through product mix, pricing discipline and tighter end-to-end operational control.
- Maintain high standards in governance and reporting as a listed company, enabling consistent execution and long-term value creation.
Significant events during the period 2025
- The Annual General Meeting approved the acquisition of Solution International (including the directed share issue/debt set-off), resolved on amendments to the Articles of Association, and approved a new Board composition.
- Evolear completed the acquisition of Solution International.
- Mark McLoughlin assumed office as Chief Executive Officer (CEO).
- Extraordinary General Meeting: election of Board member David Watts and dismissal of Jesper Nord.
- The name change to Solution International Nordics AB (publ) was registered; the share has been traded under the new name since 30 October 2025.
Significant events after the period
- New retail partnership in Ireland (a chain with over 1,300 stores) for the initial launch of several product collections and broader distribution.
For further information, please contact:
Mark McLoughlin - CEO
Solution International Nordics AB (publ)
ir@solutioninternational.com
www.solutioninternational.com
About Solution
Solution International is an award-winning, full-service supplier of quality product for baby, kids and parents known for high quality and reliable delivery of product innovation. Strategically headquartered in the UK for logistical efficiencies, the company maintains in-house teams across product development, design, marketing, and logistics (with its own warehouse) to ensure end-to-end control of the supply chain.