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Consensus Asset Management (CAM) investor relations material
Consensus Asset Management Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q4 was SEK 16.5 million, up slightly from SEK 16.3 million in Q4 last year; full-year revenue was SEK 64.6 million, down from SEK 68.9 million year-over-year.
Operating result for Q4 was SEK -3.4 million (Q4 2024: SEK -2.5 million); full-year operating result was SEK -7.8 million (2024: SEK -3.3 million).
Result per share for Q4 was SEK 0.48 (Q4 2024: SEK 0.13); for the full year, SEK -0.10 (2024: SEK 0.02).
Assets under management (AUM) increased by SEK 200 million in Q4, reaching SEK 9 billion at year-end.
Norion Bank made a recommended public cash offer to acquire all shares at SEK 22.50 per share.
Financial highlights
Provisions net increased by 7% in Q4 but decreased by 2% for the full year.
Fixed management fees decreased by 3% in Q4 but rose by 3% for the year.
Brokerage income increased by 5% in Q4 and 9% for the year (adjusted for a large one-off in 2024).
Income from structured products fell by 22% in Q4 and 41% for the year.
Fund management fees rose by 136% in Q4 and 156% for the year, mainly due to a change in fund hotel.
Outlook and guidance
The company is well positioned for 2026 with a clear customer offering, strong brand, and stable organization.
No dividend is proposed for 2025.
- Improved results, strong fund performance, robust liquidity, and CEO transition in Q1 2025.CAM
Q4 2024 - Operating income and profit declined, but liquidity and capital strength remain high.CAM
Q3 2025 - Net loss for H1 2025 despite strong growth in assets under management and fund business.CAM
Q2 2025 - Revenue up 33% in Q3, losses narrowed, and new fund launches set for 2025.CAM
Q3 2024 - Improved operating results and strong fund performance despite flat revenue and lower AUM.CAM
Q2 2024 - Q1 2025 marked by lower earnings but improved cost structure and new growth initiatives.CAM
Q1 2025
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