Foxway publishes its Annual Financial and Sustainability Report for 2025
Foxway today announced its Annual Financial and Sustainability Report for 2025, highlighting a year of solid financial performance and continued progress in scaling circular tech across Europe.
The report provides an overview of Foxway’s financial results, strategic development and sustainability performance. It also marks the company’s first year reporting in accordance with the European Sustainability Reporting Standards (ESRS) and the Corporate Sustainability Reporting Directive (CSRD).
In 2025, Foxway generated operational revenue of SEK 8.3 billion, with 74% of revenue derived from circular activities. The company reported an adjusted operational EBITDA of SEK 292 million, demonstrating its ability to combine sustainability with profitability.
" Circularity is no longer an alternative – it is becoming the standard," said Patrick Höijer, CEO of Foxway. "During the year, we continued to scale our circular business model, helping customers reduce both costs and environmental impact while strengthening our position as a leading circular tech provider in Europe."
Throughout the year, Foxway made significant progress across its business areas. Business area Circular Workspace Solutions saw strong customer growth and launched leading propositions such as the Foxway Digital Platform, a platform for customers to manage their IT devices and services throughout their entire lifecycle. Business Area Recommerce Computer & Enterprise delivered strong performance, driven by growing demand for refurbished devices and expansion of the premium refurbished computer brand Teqcycle. At the same time, actions were taken within Business Area Recommerce Mobiles to improve operational efficiency, strengthen proposition and strengthen future performance in a competitive market.
Sustainability remains at the core of Foxway’s strategy. During 2025, the company sold approximately 1.8 million reused mobiles, tablets, and computers and achieved reuse rates of up to 90%. Foxway continues to work towards ambitious climate targets aligned with a 1.5°C pathway, focusing on reducing emissions across its value chain while increasing circular revenue streams.
Foxway aims to lead the transition to a circular tech industry, by extending device lifecycles through refurbishment and Device-as-a-Service solutions, helping customers reduce both environmental impact and cost. Looking ahead, the company expects continued growth driven by increasing demand for sustainable tech and will continue investing in professionalising life-cycle management through refurbishment, automation and through digital platforms to scale circularity across Europe.
The Annual and Sustainability Report 2025 is available on Foxway’s website.
This information is information that Foxway Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on 29 April 2026.
For more information, please contact:
Patrick Höijer, CEO of Foxway
Patrick.hoijer@foxway.com
Anders Wallin, CFO of Foxway
Anders.wallin@foxway.com
About Foxway
Foxway Holding AB (publ) is a leading European provider of circular IT services, specializing in sustainable technology solutions that extend the lifecycle of IT devices. Backed by Nordic Capital as the owner, Foxway is well-positioned for strong future growth. Headquartered in Sweden, the company operates across Europe and serves customers in over 100 countries. The innovative business model aligns with increasing global demands for sustainability and digitalization. Foxway has a publicly traded bond on Nasdaq Stockholm.
Read more on www.foxway.com.
