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Preservia (PHOL PREF) investor relations material
Preservia Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Maintained a debt-free balance sheet and strong equity position, with equity at 52 MSEK at year-end.
Focused on portfolio build-up, strategic restructuring, and cost control amid volatile markets.
Major event: 9 MSEK investment in BTC AB, financed by a profitable Bitcoin position.
Ongoing evaluation of a merger to simplify the complex group structure and improve market valuation.
Financial highlights
Net sales for 2025 were 0.0 MSEK (0.2 MSEK in 2024); H2 2025 net sales also 0.0 MSEK.
Operating result before depreciation: -7.1 MSEK (2024: -5.1 MSEK); H2: -3.6 MSEK.
Net result after tax: -5.4 MSEK (2024: -20.9 MSEK); H2: -2.3 MSEK.
Cash flow for 2025: -16.6 MSEK (2024: -21.9 MSEK); H2: -5.7 MSEK.
Earnings per share: -3.61 SEK (2024: -13.75 SEK); H2: -1.53 SEK.
Outlook and guidance
Liquidity and expected inflows deemed sufficient to cover operational costs and commitments for the next 12 months.
Management advocates for a merger to unlock value, improve liquidity, and enable future growth.
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