)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
SDCL Efficiency Income Trust (SEIT) investor relations material
SDCL Efficiency Income Trust H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary23 Jun, 2025
Executive summary
NAV per share at March 2025 was GBP 0.906 (90.6p), marginally up from GBP 0.905, with a stable, diversified portfolio across 10 countries and strong operational performance despite macroeconomic pressures.
Cash inflows for the year reached GBP 97 million, up 4% year-over-year, fully covering dividends and supporting a progressive dividend policy.
Portfolio is highly diversified, with about 50 projects, a weighted average contract life of 16 years, and serves approximately 50,000 customers.
Active management and strategic initiatives are underway to address the significant share price discount to NAV and enhance total return growth.
Dividends are fully covered by cash generation, with new guidance of 6.36p per share for FY2026, representing a c.1% increase.
Financial highlights
Aggregate EBITDA for 2024 was GBP 86 million, with profit after tax at GBP 70 million.
NAV per share increased marginally from 90.5p to 90.6p; total NAV return for the year was 7.1%.
Portfolio generated £97m investment cash inflows, up 4% year-over-year; aggregate dividends of 6.32p per share paid, fully covered by cash flows.
Investments at fair value stood at around GBP 1.2 billion, with net assets of approximately GBP 980 million.
Ongoing charges ratio rose to 1.16% from 1.02% year-over-year.
Outlook and guidance
Dividend guidance for FY2026 set at 6.36p per share, with average cash cover for dividends projected to remain above 1.1x.
Dividend cover is expected to expand to 1.1–1.2 times in future periods, driven by investments transitioning from construction to operation and ongoing debt amortization.
Focus remains on reducing leverage, releasing liquidity, and supporting shareholder value through disposals, refinancing, and potential buybacks.
Active pursuit of capital recycling, including disposals and strategic partnerships, to support liquidity and substantiate valuations.
Management is actively considering all strategic options, including asset disposals, equity partnerships, and buybacks.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next SDCL Efficiency Income Trust earnings date
H1 20268 Dec, 2025
Next SDCL Efficiency Income Trust earnings date
H1 20268 Dec, 2025
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
SDCL Energy Efficiency Income Trust Plc is a UK-based investment company with a focus on investing in energy efficiency infrastructure projects. Its mission centers around delivering more affordable, cleaner, and reliable energy solutions to commercial, industrial, and public sector users, emphasizing the importance of transitioning to energy efficiency and onsite generation to reduce energy consumption and emissions. The company owns and manages a diversified portfolio of energy efficiency and distributed energy generation assets across the UK, Europe, and North America, investing in operational projects that enhance energy efficiency for buildings in various sectors, including healthcare, industrial, and commercial. The company is headquartered in London, England, and its shares are listed on the London Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage