We are pleased to announce the release of the Acenta Group Full Year Report for 2025. This past year has marked a significant turning point for the company, characterized by strong financial performance, the successful implementation of our leasing model, and a strategic expansion into new international markets.
Below, our CEO Håkan Tollefsen reflects on the key milestones of 2025 and shares our strategic outlook for the year ahead.
A WORD FROM THE CEO
Financial performance For the full year 2025, revenue amounted to SEK 20.1 million, exceeding the previously communicated guidance range. This performance demonstrates the Company’s ability to execute on its strategic priorities and convert its commercial pipeline into realized revenue. It reflects strong customer demand, successful implementation of our leasing model, and improved operational execution throughout the year.
The fourth quarter in particular represented a key inflection point, with revenue of SEK 6.4 million, significantly above prior quarter. This performance reflects the initial revenue recognition from long-term leasing agreements, including the partnership with Padel 100, and confirms the transition from contract signing to active installation and revenue generation.
Together, these results signal that the Company has entered a new phase of commercial traction. With a growing base of contracted installations, Acenta is building a more predictable and scalable revenue foundation, positioning the Company for continued profitable growth and improved financial stability in the coming periods.
Commercial agreements and partnerships As mentioned earlier, during the fourth quarter, our long-term partnership in Ireland entered its implementation phase, with the first 11 courts delivered and installed, initiating recurring cash-flow generation under the leasing agreement. This milestone represents more than a completed delivery, it validates our leasing model not only operationally but also financially. The structure of the agreement enables revenue recognition upon delivery, while securing long-term payment commitments from the customer, demonstrating both commercial strength and financial robustness in the model.
We further strengthened our European financing platform during the quarter. Through our partnership with Hoenen Leasing, Acenta entered the DACH region, establishing a structured leasing framework across Germany, Austria and Switzerland. In parallel, our agreement with GSM Finance enhanced our funding capabilities in the United Kingdom.
Operations, product and digital strategy Q4 also reflected continued expansion of our product and retail footprint. The launch of our first Sport of Padel Retail store in Norway, under the agreement with Moss Padelsenter, marked a significant step in building a vertically integrated padel offering, combining infrastructure, distribution and brand presence at club level.
Our exclusive distribution agreements with premium brands such as Cuera, Wear’N’Go, Respira™ and NXPadel further strengthened our position across the value chain and supported our international ambitions.
A strategically important event was the acquisition and integration of Padelappen, providing the technological foundation for the Sport of Padel App. The platform is currently being reengineered to align with the Sport of Padel vision, creating a scalable digital ecosystem designed to connect players, clubs and operators within a unified environment. This initiative opens opportunities for new revenue streams over time.
During the latter part of the year, Acenta initiated the strengthening of its operational infrastructure, this includes the implementation of CRM and financial consolidation tools, as well as the internal standardization of key processes across sales, operations and finance. This work will continue into 2026 and is expected to establish a robust operational foundation to support the Company’s increasing operational scale.
Future outlook Looking ahead to 2026, our focus is execution and scaling. The partnerships and financing structures established during 2025 now form the basis for increased rollout activity, particularly as long-term contracts mature and additional installations enter the revenue phase under structured leasing agreements. As this development continues, leasing and structured payment models are expected to represent an increasing share of our revenue mix. We see a strong pipeline within this segment, supported by increasing demand from existing customers and new market opportunities, providing a solid foundation for continued growth and improved revenue visibility.
After the end of the period, Acenta expanded its exclusive distribution agreement with NXPadel to include Australia, New Zealand and Oceania, strengthening our international infrastructure footprint. In January 2026, we also signed a five-year exclusive partnership agreement with Court Culture Pty Ltd covering the same region. The agreement includes a long-term target of 300 courts and establishes a substantial pipeline in one of the world’s most promising emerging padel markets.
Acenta enters 2026 with strong ambition and a clear focus on building robust operational processes and establishing a solid financial structure to support future growth. During the past year, the Company has laid important groundwork, and the priority going forward is to create a stable foundation and scalable organization to enable accelerated execution and international expansion over time.
Håkan Tollefsen CEO, Acenta Group AB
Read the full report here