Net sales amounted to SEK 279 million, compared to SEK 110 million during the previous financial year. The result after financial items also improved, reaching SEK 13.5 million, an increase from last year's SEK 5.7 million.
During the past financial year, the company has opened five new department stores in Linköping, Jönköping, Västerås, Umeå and Gävle. Parallel to the physical expansion, investments are now being made to strengthen the company's e-commerce in Sweden.
In line with our digital strategy, work on the online store began in the summer of 2025, with the aim of creating further growth opportunities and increasing our awareness among customers across Sweden, the management writes.
"Natural Consequence"
The expansion has resulted in a growing organization, with the workforce now totaling around 250 employees. The rapid growth and new stores have also affected the cost mass during the period.
At the same time, the many department store openings, with a relatively short sales period, have resulted in high costs in relation to revenue, the report states.
However, management emphasizes that this is part of the plan:
This is a natural consequence of our offensive expansion strategy, and we see it as an investment in the future.
Following the previously communicated news in the autumn about upcoming establishments, including in Uppsala in 2027, Motonet predicts continued positive development during the current financial year.
The forecast for the coming year is continued high growth, as the new department stores get a full business year and the online store is further developed, the company states.