Aquaticus Real Estate (AQUAT) Q1 2025 earnings summary

Executive summary

• Q1 2025 performance in line with expectations; stable results, cash flow, and financial position.

• Property portfolio consists of a single, fully leased office asset in Sundbyberg, Stockholm, with Xylem as the sole tenant under contract until March 2029.

• No significant events during the quarter; all planned 2024 dividend payments completed.

Financial highlights

• Rental income for Q1 2025 was 13,016 tkr, up from 12,898 tkr in Q1 2024.

• Operating net (driftnetto) was 11,127 tkr, down from 11,501 tkr year-over-year.

• Management result (förvaltningsresultat) was 4,163 tkr, compared to 8,218 tkr in Q1 2024.

• Net income for the period was 2,622 tkr, down from 6,618 tkr year-over-year.

• Cash flow from operations before working capital changes was 4,363 tkr; total cash flow for the quarter was 17,722 tkr.

Outlook and guidance

• 2025 dividend of 4.0 kr per share to be paid in four equal installments, totaling 12,320 tkr.

• No other material events or changes in business direction anticipated post-period.