Unlimited Travel Group AB

Unlimited Travel Group AB

SSTO:UTG
19.50
SEK
-0.40
(-2.01%)
2.05EPS
13.95P/E
270.32MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
66.7
66.07
70.51
76.94
72.74
101.54
109.16
12.17
19
59.63
63.02
72.69
82.25
92.14
Basic EPS, GAAP
0.33
1.74
1.67
2.52
1.17
0.71
0.74
-3.85
-1.58
1.72
1.11
1.97
1.75
1.66
Free Cash Flow per Basic Share
0.29
4.14
3.57
2.46
0.19
0.67
2.91
-3.54
0.94
2.63
1.63
6.28
1.35
4.31
Dividend per Share
0.27
1.35
1.15
2.03
2.71
1.37
0.38
- -
- -
- -
- -
0.35
0.4
- -
Book Value per Share
5.17
5.88
6.27
6.7
4.74
4.68
5.02
-1.16
0.33
1.95
3.01
2.72
3.78
3.11
Tangible Book Value per Share
0.09
2.73
0.85
1.28
-0.7
-3.06
-2.71
-6.62
-3.52
-1.9
-0.87
-1.66
-4.6
-9.57
Basic Weighted Avg Shares
6
6
6
6
6
7
6
12
11
12
12
12
12
12
Sales/Revenue/Turnover
430
426
455
496
469
667
694
151
200
698
738
851
963
1,078
Operating Margin (%)
1.58
1.68
3.16
4.45
1.9
1.67
1.48
-25.1
-5.43
4.16
2.62
4.01
3.51
3.24
Depreciation Expense
8
7
- -
- -
- -
- -
13
12
15
13
14
15
18
22
Net Income, GAAP
2
11
11
16
8
5
5
-48
-17
20
13
23
20
19
Effective Tax Rate (%)
51.06
22.37
21.35
20.66
19.71
26.69
27.66
- -
- -
10.48
14.67
20.51
19.16
20.11
Profit Margin (%)
0.49
2.64
2.37
3.27
1.6
0.7
0.68
-31.62
-8.31
2.88
1.76
2.7
2.13
1.8
Working Capital
4
6
10
13
-10
-16
-28
-70
-58
-43
-31
-23
-44
-107
LT Debt
- -
- -
7
5
3
10
38
47
37
28
33
29
35
29
Total Equity
38
42
49
54
38
39
41
-2
11
29
41
32
44
36
Return on Invested Capital (%)
8.72
18.71
23.45
32.43
17.98
17.52
11.95
- -
- -
35.99
20.14
32.99
30.29
32.57
Return on Capital (%)
2.13
25.27
19.55
22.48
11.47
3.44
3.69
- -
- -
25.59
13.95
26.29
20.74
22.61
Return on Common Equity (%)
6.46
31.58
27.5
38.81
20.36
15.21
14.58
- -
- -
150.65
44.71
68.63
53.9
57.02

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
27
32
31
LT Borrowings
9
8
6
LT Finance Leases
26
25
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
263
222
270

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
221
333
317
Cash, Cash Equivalents & STI
40
73
36
Accounts Receivable, Net
45
91
78
Inventories
- -
- -
- -
Total Current Liabilities
266
421
424
Payables & Accruals
- -
- -
- -
ST Debt
27
32
31
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-41.06%
-58.81%
39.06%
Free Cash Flow
36.94%
51.05%
-78.53%
Net Income, GAAP
-140.96%
-51.01%
-10.86%
Sales/Revenue/Turnover
28.71%
63.13%
13.15%
Total Cash Common Dividend
- -
- -
14.31%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
158
173
188
331
851
2025
175
201
214
373
963
2026
204
288
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.19
0.48
1.97
1.97
2025
-0.69
0.04
0.57
1.83
1.75
2026
-0.6
-0.14
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.35
- -
- -
0.35
2025
- -
0.4
- -
- -
0.4
2026
- -
- -
- -
- -
- -

Company Description

CEO
Charlotte Blum
Full Time Employees
133
Sector
Consumer services
Industry
Other consumer services
Address
Norrtullsgatan 12A Stockholm AB Sweden 113 27
IPO Date
Dec 15, 2006
Business
Unlimited Travel Group UTG AB (publ) is a Sweden-based travel company specializing in owning, developing, and acquiring small and medium-sized niche travel and event companies. Its core products and services include travel agency operations; travel arrangements and packaged trips; corporate event organization; specialized group travel such as hiking, cycling, training, yoga, lifestyle, golf, and skiing trips; and unique travel experiences focusing on culture, food, and accommodation. The company operates through a portfolio of subsidiaries including JB Travel (group, conference, and business travel); Eventyr (travel and event organization); Ski Unlimited (Alps and Swedish mountains group travels); Birdie Golf Tours (golf travel and schools); Vastindienspecialisten (Caribbean travel packages); Travel Beyond (travel events); WI-Resor (wandering trips); Varldens Resor (Asia and South America travels); PolarQuest (Arctic and Antarctica expeditions); and Good Travel (volunteering combined with travel). It also includes Specialresor Birgitta Johnson Aktiebolag, a tour operator. The company serves the Nordic region primarily, with operations based in Stockholm, Sweden, and was founded in 1988. In recent years, Unlimited Travel Group has strategically focused on expanding and consolidating its portfolio of specialized travel companies, maintaining a strong entrepreneurial culture where subsidiaries retain brand independence while benefiting from group-level support in areas such as digitalization, sustainability, finance, and business development. Latest changes include continued acquisitions and development of niche travel companies, sustaining growth evidenced by a 16% increase in revenue to approximately SEK 895 million in 2024, alongside stable EBIT margins. The company emphasizes longevity, ethics, and high service quality while enhancing its digital and sustainable business initiatives. The group continues to prioritize high-quality small-group travel experiences characterized by cultural immersion, active holidays, and unique lifestyle-focused trips. Unlimited Travel Group operates primarily in the leisure and recreation industry within the consumer discretionary sector, targeting niche markets in group, corporate, and private travel segments. Its geographic focus is mainly the Nordic countries, with growth extending to other European markets and global travel destinations through its subsidiaries. The company employs around 120 people under the leadership of CEO Charlotte Blum and maintains a strategy of entrepreneurship and independence for its portfolio companies to foster innovation and growth. This comprehensive profile reflects Unlimited Travel Group UTG AB’s commitment to specialized, high-quality travel experiences supported by a portfolio approach combining organic growth and acquisitions in the niche travel sector. Its ongoing development activities and portfolio expansion position it as a notable player in the Nordic travel market with an increasing footprint beyond its home region.