Profitability RecoveryThe company moved from loss-making years into materially improved gross and net margins in 2024–2025. Sustained mid-50s gross margins and positive net margin demonstrate stronger unit economics and pricing/assortment leverage, improving long-term earnings durability if top-line holds.

Positive Cash GenerationConsistent positive operating and free cash flow across 2024–2025 indicates the business can convert profits into liquidity. Durable cash generation supports reinvestment in private-label sourcing, marketing and fulfillment, and reduces reliance on external financing over the medium term.

Improved LeverageA notable reduction in debt-to-equity strengthens the balance sheet and decreases refinancing and interest-rate sensitivity. Lower leverage provides more strategic flexibility for inventory investment, marketing spend, or organic expansion without immediate capital raises.

Bears Say

Revenue VolatilityHistoric swings in revenue weaken predictability of earnings and strain retail operating leverage. If top-line growth is uneven, margins and cash conversion can reverse quickly in weaker cycles, making current profitability less battle-tested across economic or demand downturns.

Free Cash Flow DeclineA meaningful decline in free cash flow in 2025 reduces internal funding capacity for inventory, marketing and product investment and increases dependence on financing if the trend persists. For a retailer, FCF swings can reflect working-capital stress and limit reinvestment optionality.

Historical Leverage RiskPrior periods with debt above equity indicate limited historical cushion and heightened refinancing risk. Even with recent improvement, a still-nontrivial debt load leaves less room for error if margins or sales soften, making capital structure a structural vulnerability for a retailer.

Nelly Group AB News

Nelly Group Names Former NetOnNet CEO Josefin Dalum as New CFO

Nelly Group AB ( ($SE:NELLY) ) just unveiled an announcement. Nelly Group AB, the Nasdaq Stockholm-listed online fashion...

11d ago

Nelly Group Delivers Strong 2025 Growth and Higher Profit Margins

The latest announcement is out from Nelly Group AB ( ($SE:NELLY) ). Nelly Group AB, an online fashion...

1M ago

Nelly Group Sets Date for Year-End 2025 Report and Investor Webcast

Nelly Group AB ( ($SE:NELLY) ) has provided an update. Nelly Group AB has announced it will publish...

2M ago

Nelly Group Reshapes Nomination Committee Ahead of 2026 AGM

Nelly Group AB ( ($SE:NELLY) ) has issued an update. Nelly Group AB has announced a change to...

3M ago

Nelly Group Appoints Nomination Committee for 2026 AGM

Nelly Group AB ( ($SE:NELLY) ) just unveiled an announcement. Nelly Group AB has announced the appointment of...

5M ago

Nelly Group to Release Q3 2025 Interim Report

An announcement from Nelly Group AB ( ($SE:NELLY) ) is now available. Nelly Group AB has announced the...

5M ago

Nelly Group Expands Share Capital to Strengthen Market Position

The latest announcement is out from Nelly Group AB ( ($SE:NELLY) ). Nelly Group AB has increased its...

9M ago

Nelly Group to Release Q2 2025 Interim Report

The latest update is out from Nelly Group AB ( ($SE:NELLY) ). Nelly Group AB has announced that...

9M ago

CD20 FAQ

What was Nelly Group AB’s price range in the past 12 months?

Nelly Group AB lowest stock price was €2.60 and its highest was €12.92 in the past 12 months.

What is Nelly Group AB’s market cap?

Nelly Group AB’s market cap is €148.71M.

When is Nelly Group AB’s upcoming earnings report date?

Nelly Group AB’s upcoming earnings report date is Apr 28, 2026 which is in 39 days.

How were Nelly Group AB’s earnings last quarter?

Nelly Group AB released its earnings results on Feb 10, 2026. The company reported €0.18 earnings per share for the quarter, beating the consensus estimate of N/A by €0.18.

Is Nelly Group AB overvalued?

According to Wall Street analysts Nelly Group AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nelly Group AB pay dividends?

Nelly Group AB does not currently pay dividends.

What is Nelly Group AB’s EPS estimate?

Nelly Group AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nelly Group AB have?

Nelly Group AB has 30,074,076 shares outstanding.

What happened to Nelly Group AB’s price movement after its last earnings report?

Nelly Group AB reported an EPS of €0.18 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -39.646%.

Which hedge fund is a major shareholder of Nelly Group AB?

Currently, no hedge funds are holding shares in DE:CD20

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nelly Group AB

Nelly Group AB (publ) operates as a fashion company in Sweden, rest of Nordics, Germany, and the Netherlands. It offers fashion and beauty products, and accessories for young women under the Nelly brand. Nelly Group AB (publ) sells and markets its products online through Nelly.com and NLYman.com. The company was formerly known as Qliro Group AB (publ) and changed its name to Nelly Group AB (publ) in November 2020. Nelly Group AB (publ) was incorporated in 1936 and is headquartered in Borås, Sweden.