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Renewable Ventures Nordic (RVN) investor relations material

Renewable Ventures Nordic Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary18 Nov, 2025

Executive summary

  • Achieved a positive result of 2,233 TSEK in Q3 2025, reversing a loss of -9,090 TSEK in Q3 2024.

  • Announced an agreement for a reverse acquisition of Xer Tech AB, a defense tech company specializing in hybrid-electric UAVs.

  • Planned distribution of all shares in Gosol Energy Group AB to shareholders prior to the Xer Tech transaction.

Financial highlights

  • Cash position at 30 September 2025 was 12.2 MSEK, up from 9.2 MSEK a year earlier.

  • Net asset value (NAV) at 30 September 2025 was 26.4 MSEK, or 4.2 SEK per share.

  • Q3 2025 operating costs were -386 TSEK, up from -342 TSEK in Q3 2024.

  • Q3 2025 EPS was 0.35 SEK, compared to -1.44 SEK in Q3 2024.

  • Nine-month 2025 result was -4,476 TSEK, improved from -9,298 TSEK in the same period 2024.

  • Nine-month 2025 revenue was 150 TSEK, compared to 0 TSEK in 2024.

Outlook and guidance

  • Transitioning to a new phase with the reverse acquisition of Xer Tech AB, focusing on defense tech and UAV systems.

  • Intends to continue investing in both listed and unlisted growth companies, with flexibility in investment structure.

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Frequently asked questions

Renewable Ventures Nordic AB is a Sweden-based company focused on investments in renewable energy projects. The company specializes in developing, financing, and managing energy solutions, including wind, solar, and other sustainable energy sources. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Spotlight Stock Market.

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