Investeringsselskabet Luxor (LUXOR) Q3 25/26 earnings summary

Executive summary

• Basis earnings for Q1–Q3 2025/26 were DKK 36.8m, slightly down from DKK 37.1m year-over-year.

• Result before tax for the period was DKK 35.8m, compared to DKK 37.3m last year.

• Q3 basis earnings rose to DKK 12.3m from DKK 11.5m, but result before tax fell to DKK 9.4m from DKK 10.2m.

• Lower net gains on property credit loans and higher financing costs impacted results.

Financial highlights

• Revenue for Q1–Q3 2025/26 was DKK 73.7m, down from DKK 77.1m year-over-year.

• Net income for Q1–Q3 was DKK 27.8m, compared to DKK 29.1m last year.

• EPS for Q1–Q3 was DKK 27.82, down from DKK 29.06 year-over-year.

• Gross margin for Q1–Q3 was DKK 69.9m, nearly flat year-over-year.

• Total assets at June 30, 2026, were DKK 966.3m, up from DKK 950.0m a year earlier.

Outlook and guidance

• Basis earnings for FY 2025/26 are expected at DKK 45m, unchanged from the previous guidance.

• The reduction from DKK 49.5m in 2024/25 is due to lower net gains on property credit loans, higher financing costs, and lower maintenance expenses.

• Actual basis earnings may differ due to market risks and uncertainties.