Krona Public Real Estate (KRONA) Q4 2025 earnings summary

Executive summary

• Rental income for Jan–Dec 2025 was 81,039 tkr, up from 72,929 tkr year-over-year.

• Net operating income for the year reached 69,297 tkr, compared to 67,935 tkr in 2024.

• Net profit for the year was 42,497 tkr, up from 33,523 tkr year-over-year.

• Fourth quarter rental income was 22,374 tkr, with net profit of 16,998 tkr, a significant increase from 5,875 tkr in Q4 2024.

• Strategic actions included a rights issue and property acquisitions to strengthen the balance sheet and prepare for refinancing.

Financial highlights

• Rental income increased 11% year-over-year to 81,039 tkr.

• Net operating income rose to 69,297 tkr from 67,935 tkr year-over-year.

• Net profit for the year was 42,497 tkr, up 27% from 33,523 tkr.

• Earnings per share for the year were 6.93 kr, nearly unchanged from 6.92 kr in 2024.

• Property portfolio market value increased to 1,410,414 tkr from 1,254,419 tkr.

Outlook and guidance

• The company is well positioned for continued development and market opportunities following balance sheet strengthening.

• No dividend is proposed for 2025, with profits carried forward to further reinforce the balance sheet.