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Symplify returns to profitability as revenue more than triples in two-year turnaround

Symplify Technologies AB has reported a return to profitability for 2025, with the Stockholm-based marketing technology company recording its strongest financial results in years following a period of investment and losses.

Full-year revenue reached approximately SEK 477 million in 2025, compared with SEK 203 million in 2024 and SEK 138 million in 2023. This represents an increase of roughly 3.5 times over the two-year period.

The company also recorded a net profit of approximately SEK 8.8 million for 2025, reversing losses of SEK 5.6 million in 2024 and SEK 15.4 million in 2023.

Balance Sheet Strengthens in 2025

Symplify also reported a significant improvement in its balance sheet during the year.

Equity increased to approximately SEK 109.3 million in 2025, up from SEK 0.7 million at the end of 2024 and SEK 6.2 million in 2023.

The company’s solidity ratio rose to 63.2% in 2025, compared with 6.2% in 2024 and 13.7% in 2023.

Symplify Chief Sales Officer Christoffer Feldt-Sørensen said:

“Three years ago we made a significant investment in our technology and put a clear growth plan in place, and today’s results show that it paid off. We’ve gone from fighting for stability to posting real profitability, and we’re just getting started. We are now in a position to take on many new customers and continue our growth, backed by our proven and scalable technology.”

Operating Profit Remains Positive

Symplify’s operating result, or EBIT, reached SEK 15.1 million in 2025. This followed an operating profit of SEK 21.7 million in 2024, compared with an operating loss of SEK 10.3 million in 2023.

The company’s 2024 performance represented an operational turning point, with the core business becoming profitable at the operating level despite one-off costs contributing to a negative net result for the year.

That operating performance continued into 2025, when Symplify moved into net profitability while substantially increasing its equity and solidity ratio.

The company enters 2026 with revenue of approximately SEK 477 million for the previous financial year, a positive net result and a strengthened balance sheet.

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Ingi Thor Arngrímsson
Ingi Thor Arngrímsson
Ingi is the Editor in Chief of iGamingToday.com, where he keeps a close eye on the stories, regulations and industry moves shaping the global iGaming sector. With a particular interest in gambling regulation, he’s always looking for the next story worth telling and the developments that deserve a closer look. Outside of iGaming, life is a mix of family time, growing his own vegetables and getting outdoors for a bit of hunting. Whether he’s tracking down a story or something in the wild, curiosity tends to keep him busy.

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