Kustom BidCo AB (publ) publishes Annual Report 2025
Kustom BidCo AB (publ) ("Kustom" or the "Company") hereby publishes its Annual Report for 2025. The report is available on the Company’s website: https://kustom.co/investors. Below is a summary of the contents.
First full year as an independent company, with completed platform migration and solid operating profit
The Kustom BidCo AB Group, including the wholly owned subsidiary Kustom AB, concludes 2025, its first full year as an independent company, with the completed migration of its entire merchant base to its own platform, and business development in line with expectations.
Net revenue amounted to SEK 1,192.4 million and operating profit to SEK 196.8 million.
“During 2025, Kustom moved from building the organization to delivering as one. The migration of the entire merchant base to the new platform was completed ahead of plan, and Kustom is now operationally independent with full control over its technical infrastructure. This forms the foundation for the growth planned for 2026,” says Kamjar Hajabdolahi, CEO of Kustom.
Platform fully operational
During the third quarter, Kustom completed the migration of all merchants to the new platform. The Company is now operationally independent and runs its business with full control over its own technical infrastructure. Cost per transaction is now at a stable long-term level, enabling the Company to maintain profitability as volumes and the merchant base grow. During Black Week and the holiday season, the platform delivered 100 percent uptime, with peak volumes of 1,200 transactions per minute.
The platform migration initially required additional working capital, which the Company secured through a revolving credit facility. The facility was fully repaid during the fourth quarter through cash flow generated from operations. During the summer, the Company’s bond was listed on Nasdaq Stockholm Main Market.
Strong commercial development and expanded offering
During the year, Kustom signed new contracts corresponding to approximately SEK 13 billion in annualized transaction volume. Several of the Company’s largest merchants renewed or expanded their agreements, including Coop, Varner Group, Gina Tricot and MQ. New agreements were signed with, among others, CAIA Cosmetics, Haglöfs, Matsmart, A Day’s March and Vitusapotek.
During the year, the offering was expanded with seven new payment methods, including Bancontact, BLIK, Cartes Bancaires and TWINT, as well as full integrations of Apple Pay and Google Pay. In February 2025, Kustom Mobile Point of Sale was launched, making Kustom the first provider in the Nordics to offer fully integrated payments across online and in-store in a single system.
For more information, please contact: investors@kustom.co
Press inquiries: press@kustom.co
This information is such information that Kustom BidCo AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation (596/2014/EU). This information was submitted for publication, through the agency of the contact persons above, on April 29th, 2026, at 08:00 CEST.
About Kustom
Kustom BidCo AB (publ) is the parent company of Kustom AB. Kustom offers the leading checkout solution in the Nordics, helping merchants across Europe grow through a high-conversion solution that combines low complexity with a high degree of customization. By making the purchase experience seamless, transparent and adapted to local markets and shopper preferences, Kustom supports stronger, long-term customer relationships. Today, Kustom serves more than 24,000 merchants across 170 markets and has converted more than 20 million shoppers.