Blick Global Group (BLICK) Q4 2025 earnings summary

Executive summary

• Strategic focus on disciplined, capital-efficient, long-term investment approach throughout 2025.

• Active portfolio management with emphasis on cost control and selective investments in unlisted growth companies.

• Notable investment exposure to Klarna Group plc and eEquity SPV Prisjakt AB, both within fintech and digital services.

Financial highlights

• Full-year 2025 revenues totaled 87 KSEK, down from 176 KSEK year-over-year.

• EBIT improved to -793 KSEK from -1,588 KSEK year-over-year.

• Net result for the year was 10,953 KSEK, compared to -1,589 KSEK in 2024.

• Earnings per share for 2025 were 0.79 SEK, up from -0.16 SEK in 2024.

• Net asset value (NAV) per share increased by 81% in Q4 2025 compared to Q3 2025, reaching 1.33 SEK.

Outlook and guidance

• Targeting a cost base below 4% of NAV for 2026, with a long-term goal under 2%.

• Continued focus on disciplined investment, only pursuing opportunities that fit strategic criteria.