Net sales down 41%, Sapelo ($SFL) Q3 net profit 700,000 kroner

Safello Group AB ($SFL) reported third-quarter 2026 net revenue of 98.4 million Swedish kronor, down 41% from 165.7 million kronor a year earlier, which the company attributed to lower order volumes. Despite the revenue decline, the Swedish crypto exchange posted a net profit of 700,000 kronor, reversing a 1.1 million kronor net loss in the same period last year, while operating profit turned positive at 800,000 kronor and EBITDA rose to 1 million kronor from 500,000 kronor. Order and customer metrics also weakened, with quarterly orders falling from 41,400. The results matter because they show Safello restoring profitability through cost discipline even as top-line activity contracts sharply. What to watch next is whether order volumes and customer numbers stabilize, since sustained declines would pressure the revenue base underpinning that thin profit.