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TradeDoubler Posts Higher Underlying Profitability Despite Rising Costs in 2025

Story Highlights
  • TradeDoubler delivered Q4 revenue and gross profit growth, kept margins stable, and maintained a strong net cash position despite higher staff and acquisition-related costs.
  • For 2025, the company grew revenue and gross profit while lifting adjusted EBITDA, signalling improving underlying profitability even as reported earnings were dampened by change-related items.
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TradeDoubler Posts Higher Underlying Profitability Despite Rising Costs in 2025

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TradeDoubler AB ( (SE:TRAD) ) has shared an update.

TradeDoubler AB reported modest top-line growth in the fourth quarter of 2025, with revenue up 2 percent, or 7 percent on a currency-adjusted basis, and gross profit improving 4 percent while maintaining a stable gross margin. The group continues to invest in product development and carries a solid net cash position, underscoring its capacity to support operations and strategic initiatives despite higher staff costs and acquisition-related adjustments.

Full-year 2025 revenue increased 5 percent, or 8 percent adjusted for currency effects, with gross profit up 8 percent and an improved underlying gross margin, reflecting a healthier core business. Although reported EBITDA declined year on year, adjusted EBITDA rose 17 percent as change-related items weighed on headline figures, indicating underlying operational profitability remains on an upward trajectory for stakeholders monitoring the company’s performance.

The most recent analyst rating on (SE:TRAD) stock is a Hold with a SEK8.00 price target. To see the full list of analyst forecasts on TradeDoubler AB stock, see the SE:TRAD Stock Forecast page.

More about TradeDoubler AB

TradeDoubler AB operates in the digital marketing and performance-based advertising industry, providing affiliate and partnership marketing solutions to help advertisers and publishers drive online sales. The company focuses on technology-driven, data-informed marketing services, with ongoing investments in product development and platform capabilities to support growth across its international markets.

Average Trading Volume: 30,588

Technical Sentiment Signal: Buy

Current Market Cap: SEK457M

For detailed information about TRAD stock, go to TipRanks’ Stock Analysis page.

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