)

ALM Equity (ALM) investor relations material
ALM Equity Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for Jan–Jun 2025 was SEK 536m, down from SEK 1,135m year-over-year; Q2 revenue at SEK 258m compared to SEK 894m last year.
Net result for Jan–Jun 2025 was SEK -225m, a decline from SEK -157m year-over-year; Q2 net result at SEK -62m versus SEK 119m last year.
Focus remains on accelerating value creation, executing the business plan, and increasing project acquisition capacity.
Board changes: Alexander Alm-Pandeya joined, Johan Unger departed.
Application submitted for SBTi climate targets verification.
Financial highlights
Return on equity for Jan–Jun 2025 was -13%; Q2 at -5% compared to 3% last year.
Equity ratio improved to 55% as of Q2 2025 from 41% last year.
Cash and cash equivalents at SEK 861m at Q2 2025, up from SEK 267m year-over-year.
Operating result for Q2 2025 was -17 MSEK, down from 142 MSEK last year.
Earnings per share (before dilution): -5.67 SEK for Q2 2025 (Q2 2024: 4.78 SEK).
Outlook and guidance
Market expected to remain complex and volatile, but rental market seen as most stable segment.
Real GDP growth for 2025 forecast at 1–2%, with inflation at 1.2% and nominal wage increases at 3.5%.
Riksbank rate cut and government proposals may support market recovery; focus remains on flexibility and project pipeline.
No new acquisitions yet, but market offers potential assets for required returns.
Next ALM Equity earnings date

Next ALM Equity earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage