Collaxio (COLLAX) Q3 2026 earnings summary

Executive summary

• Q3 2026 net result was SEK 0.6m, versus a SEK 1.5m loss in Q3 2025; NAV was SEK 101m and AUM SEK 109m at quarter-end.

• Investment focus broadened to individual-company secondaries, alongside portfolio acquisitions and a new monitoring and administration service for private holdings.

• No new portfolio acquisitions were completed in Q3; management aims to convert ongoing discussions into transactions in Q4.

Financial highlights

• Q3 total result was SEK 556k versus a SEK 1,476k loss YoY; EPS was SEK 0.01 versus SEK -0.03.

• Jan-Sep result was a SEK 1.384m loss versus a SEK 23.833m loss; EPS was SEK -0.02 versus SEK -0.65.

• Q3 fair-value changes were positive SEK 2.666m; Jan-Sep changes were positive SEK 5.367m, including SEK 2.167m from portfolio holdings and SEK 3.203m from convertible debt.

• Cash was SEK 25.690m and equity SEK 101.092m at Sep 30, 2026, versus SEK 36.389m and SEK 88.851m at Dec 31, 2025.

• 2025 comparisons partly reflect the prior listed-Asian-equities business and are not fully comparable with current operations.

Outlook and guidance

• Q4 objective is to turn deal discussions into transactions; the widened mandate now includes single-asset secondary investments.

• The new private-holdings monitoring and administration service secured its first customer agreement after quarter-end.