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Pro Kapital Grupp (PKG1T) investor relations material
Pro Kapital Grupp Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 rose 21% year-over-year to €15.1 million, driven by apartment handovers in Tallinn and Vilnius.
Net profit increased to €2.8 million from €1.9 million in Q1 2025.
Gross profit margin improved to 38% (Q1 2025: 34%), and operating profit reached €4.0 million.
Cash from operating activities surged to €10.0 million, up from €1.3 million a year earlier.
Major developments progressed in Tallinn, Riga, and Vilnius, with new project launches and ongoing sales.
Financial highlights
Revenue: €15.1 million (+21% YoY); Gross profit: €5.7 million (+€1.5 million YoY).
Operating profit: €4.0 million (Q1 2025: €2.5 million); Net profit: €2.8 million (Q1 2025: €1.9 million).
EPS: €0.05 (Q1 2025: €0.04); Net asset value per share: €1.17 (Q1 2025: €0.94).
Total assets: €121.2 million; Equity: €66.1 million; Debt/Equity ratio: 0.83 (Q1 2025: 1.28).
Return on assets: 2.3%; Return on equity: 4.7%.
Outlook and guidance
Management remains cautiously optimistic for the remainder of 2026, citing a solid project pipeline and active construction sites.
Expectation of continued sales and launches in Baltic and Italian markets.
- 2025 saw record revenue and profit, fueled by major project completions and strong cash flow.PKG1T
Q4 202527 Feb 2026 - Strong revenue growth and return to profitability driven by Baltic real estate sales and margin gains.PKG1T
Q3 202514 Nov 2025 - Revenue and profit rebounded sharply on strong Baltic real estate sales and strategic execution.PKG1T
Q2 202514 Aug 2025 - Revenue fell and losses widened as real estate sales slowed, but hotel operations excelled.PKG1T
Q3 202413 Jun 2025 - Revenue declined and net loss widened, but new projects and hotel growth support future outlook.PKG1T
Q2 202413 Jun 2025 - 2024 saw lower revenue and a net loss, but Q4 profitability and new projects signal recovery.PKG1T
Q4 20249 Jun 2025 - Revenue tripled and net profit turned positive on robust Tallinn apartment sales.PKG1T
Q1 20256 Jun 2025
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