Movinn (MOVINN) Q3 2025 earnings summary

Executive summary

• Q3 2025 results aligned with expectations, showing progress after a challenging start to the year, with improved margins, cash flow, and operational performance, especially in Copenhagen and Malmö.

• Strategic focus on core markets and downscaling in secondary locations to enhance profitability and reduce occupancy risks.

• Partnership with Swiss Life Asset Managers for the Copenhagen aparthotel project validates the business model.

Financial highlights

• Net revenue grew 7.1% year-over-year to DKK 25.6 million in Q3 2025.

• EBITDA increased 17.3% to DKK 1.6 million; EBIT turned positive at DKK 0.3 million.

• Profit for the period was DKK 25,000, up from a loss of DKK 309,000 in Q3 2024.

• Cash flow from operating activities rose to DKK 3.1 million, a 239.8% increase year-over-year.

• Closing cash balance was DKK -0.95 million, reflecting non-utilization of the DKK 10 million credit facility.

Outlook and guidance

• Full-year 2025 guidance maintained, with net revenue expected between DKK 91–93 million and EBIT between DKK -5 million and -3 million.

• Optimism for continued improvement into 2026, with focus on profitability and a more balanced portfolio.