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Nexar Group (NXAR) investor relations material
Nexar Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q4 2025 was 0 KSEK, unchanged from Q4 2024; full-year 2025 revenue was 67 KSEK, down from 124 KSEK in 2024.
Net loss for Q4 2025 improved slightly to -1,205 KSEK from -1,222 KSEK in Q4 2024; full-year net loss worsened to -4,737 KSEK from -3,601 KSEK, mainly due to costs in Nigeria for the 2026 season.
Key projects include delayed TV production in Nigeria, terminated Asian partnership, and new agreements in Africa and the Middle East.
Financial highlights
Net loss per share for 2025 was -0.07 SEK, compared to -0.11 SEK in 2024; equity per share increased to 0.06 SEK from 0.04 SEK.
Group equity at year-end was 3,972 KSEK (up from 1,353 KSEK); group solidity improved to 17% from 5%.
Cash flow from operations for 2025 was -4,888 KSEK, compared to -2,351 KSEK in 2024.
Investments of 331 KSEK were made, mainly in spin-off programs for Football Dreamz.
Outlook and guidance
TV program Football Dreamz in Nigeria is set to begin filming in April 2026, with a five-year broadcast agreement on NTA starting November 2026.
Scouting programs in Nigeria will expand to 14 states from May 2026.
Ongoing negotiations with TV networks in the Middle East and Africa for further expansion.
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