AS Kalve Coffee updates financial guidance for 2025 and 2026.
AS Kalve Coffee (the ‘Company’) will be publishing its unaudited financial results for the whole of 2025 later this week. With the actual outcome now being finalised, management is updating its prior financial guidance for 2025 EBITDA.
On 14 November 2025 full year EBITDA guidance of approximately €0.3 million was published (https://view.news.eu.nasdaq.com/view?id=1400814&lang=en).
The actual result is expected to come in at around €0.15m. Approximately half of the difference is related to the establishment of operations in France (including limited opportunities to capitalise certain expenses according to Local Accounting Standards). The balance relates to various operational topics in the Baltics. For reference, Latvian standalone EBITDA in 2025 was approximately €0.44m.
Full year consolidated revenue for 2025 came in at €5.3m, representing 55% year-on-year growth. This largely matched management’s internal expectations of €5.2m.
The Company’s consolidated EBITDA financial guidance for 2026 is set at approximately €0.4 million. This reflects ongoing expansion activities outside of Latvia including Lithuania and Portugal.
More information will be provided in the financial statements published later this week and there will also be the opportunity to ask management questions at the webinar.
Management Board of AS “Kalve Coffee”
The shares of AS “Kalve Coffee” are admitted to trading un Nasdaq Baltic First North Market.
The certified advisor of AS “Kalve Coffee” is ZAB Eversheds Sutherland Bitāns SIA.
AS Kalve Coffee is a brand created by coffee professionals, aiming to develop and strengthen the culture of specialty coffee roasting, brewing, and appreciation in the Baltic region. Kalve Coffee began operations in early 2019. The core values of KALVE are outstanding coffee and service quality, honesty, excellent product design, and responsible practices in all processes. As we continue to grow as a B-Corp company, sustainability is key – both through products and services with a positive long-term impact and by caring for environmental quality at every stage of the coffee production chain.
Contact information:
Gatis Zēmanis
Chairman of the Management Board
+371 27303355
ir@kalvecoffee.com
Certified Advisor:
ZAB Eversheds Sutherland Bitāns SIA
Kārlis Jēkabs Īvāns
M: +371 20 380 986
E-pasts: k-j.ivans@eversheds-sutherland.lv