N Health delivered another year of strong progress in 2025. During the year, we continued to execute our strategy consistently, strengthened our market position, and improved both revenue and profitability. This progress builds on our strong historical growth and reflects the commitment of our professionals, the quality of our services, and the strength of our operating model. During the year, revenue grew by more than 10 per cent, while profitability improved through stronger operational efficiency and focused strategic actions. Together, these achievements further strengthened our financial foundation and support our long-term growth trajectory.
The rehabilitation market continued to offer compelling opportunities for growth, consolidation and long-term value creation throughout the year. In several therapy categories, particularly psychotherapy, growth is increasingly driven by service accessibility, therapist availability, and effective care pathways rather than by market expansion alone. In this environment, N Health’s scale, service platform, and ability to expand capacity are clear strengths. During the year, we further strengthened our position as a broad-based therapy provider in Finland. Growth was supported by high-quality client work, successful therapist recruitment, and expanded service capacity. We also deepened our cooperation with wellbeing services counties, reinforcing our role in publicly funded therapy services and supporting future growth.
Further strengthening our therapist community remained a central priority in 2025. Across psychotherapy, speech therapy and occupational therapy, we strengthened our professional community and supported continued growth. This enhanced our service capacity and improved access to therapy services across Finland. Customer acquisition was also an important focus area during the year, as sustainable growth depends not only on therapist availability, but also on the ability to reach clients effectively and guide them smoothly into services.
We continued to develop our operations through service development, process improvements, organizational strengthening, and technology-enabled solutions. Technology played an increasingly important role in improving efficiency, supporting scalability, and enhancing the accessibility of our services. During the year, we advanced digital tools and technology-supported processes that help strengthen service pathways and support both therapists and clients. At the same time, we maintained a strong focus on the quality and effectiveness of therapy, while continuing to invest in professional competence through training and development. These efforts support high-quality care, strong therapy outcomes, and our ability to scale efficiently. Our therapy community remains one of N Health’s key strengths. We continued to invest in employee well-being and workplace experience by fostering a supportive and engaging professional environment. We believe that a strong culture and committed professionals are essential to high-quality care, strong therapy outcomes, and sustainable long-term growth.
Looking ahead, we see significant opportunity for N Health to strengthen its position in a growing and evolving market. Our priorities are clear: to further improve the accessibility and availability of therapy services, expand our market share both organically and through acquisitions, and deepen our cooperation with wellbeing service counties. Demand for therapy services continues to grow, driven by lower thresholds for seeking help, rising awareness of mental wellbeing, and increasing responsibility among employers and public sector actors. At the same time, digital innovation, stronger focus on impact and efficiency, and closer public healthcare partnerships are reshaping the market and creating new avenues for growth. As the sector becomes more specialized and increasingly consolidated, we believe N Health is exceptionally well positioned to capture these opportunities through its strong market position, scalable operating model, and proven ability to execute. Over time, we also see potential for selective international expansion in markets where our model, expertise, and professional community can deliver meaningful value. We are confident in our platform, our people, and our ability to continue building a leading therapy services company with strong long-term growth prospects.
