Boho Group
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Boho Group (BOHO) investor relations material

Boho Group Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary19 Feb, 2026

Executive summary

  • Earnings improved year-over-year despite lower sales, driven by cost discipline and operational efficiency.

  • Average occupancy rate was 11% higher than peers, indicating market share gains in a cautious market.

  • Strategic refinancing and municipal approval for major expansion position the business for future growth.

Financial highlights

  • Full-year revenue from operator activities: SEK 91,887 thousand (104,788), and property sales: SEK 20,045 thousand (59,462).

  • EBITDA for the year: SEK -4,553 thousand (-5,834); Q4 EBITDA: SEK -7,229 thousand (-11,585).

  • Profit after tax for the year: SEK -32,878 thousand (-44,520); Q4: SEK -15,145 thousand (-16,898).

  • Earnings per share for the year: SEK -0.57 (-0.77).

  • Cash flow from operating activities for the year: SEK -5,395 thousand (56,326).

  • Equity as of Dec 31, 2025: SEK 142,983 thousand (192,961).

Outlook and guidance

  • 2026 expected to benefit from lower financing costs, improved efficiency, and strong property values.

  • Expansion of Boho Club to up to 28,400 m² enabled by municipal approval, supporting long-term growth.

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Frequently asked questions

Quartiers Properties AB is a Sweden-based company focused on property development and management. It operates primarily in the real estate markets of the Costa del Sol in Spain. The company’s activities are divided into two main segments: property development and property management. The development segment involves acquiring projects, which include the creation of residential villas and apartments, leading to either their sale or retention for rental purposes. The property management segment encompasses the operation of apartment hotels and the leasing of developed properties. The company is headquartered in Stockholm, Sweden, and its shares are listed on Nasdaq Stockholm.

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