Space Nord Invest
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Space Nord Invest (SPACEN) investor relations material

Space Nord Invest Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary9 Oct, 2026

Executive summary

  • Sold HifabGruppen and its operating subsidiaries to Vaaka Partners; sale completed 11 Aug 2026, leaving a cash-focused entity with no operating business.

  • Board proposed voluntary liquidation; estimated distribution is ~SEK 4.20 per share, subject to costs and the liquidation process.

Financial highlights

  • Jan–Sep 2026 revenue was SEK 1.1m, operating loss SEK 2.1m, disposal gain SEK 79.1m and net profit SEK 74.7m.

  • Net profit included a SEK 2.9m tax expense from writing down deferred tax assets; transaction costs were ~SEK 2m.

  • Cash and cash equivalents were SEK 253.6m at 30 Sep 2026, versus SEK 9.4m at 30 Sep 2025.

Outlook and guidance

  • Estimated liquidation distribution of ~SEK 4.20 per share is preliminary, based on ~SEK 254m net cash, estimated costs and interest income.

  • Voluntary liquidation is expected to take 7–8 months after registration of the shareholder resolution; timing depends on the six-month creditor notice period and may be delayed by unforeseen matters.

  • Nasdaq Stockholm intends to decide on delisting on 23 Nov 2026; last trading day is expected to be 7 Dec 2026, subject to change due to the proposed liquidation.

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Frequently asked questions

Hifab Group AB is a Sweden-based company specializing in project management and advisory services. It provides comprehensive support across various phases of construction projects, from early strategic planning to project completion. The company primarily serves the real estate and civil engineering sectors, focusing on sustainable development and resource optimization. Hifab Group operates both domestically in Sweden and internationally, extending its services to Europe, Asia, and Africa. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq Stockholm.