New Amsterdam Invest (NAI) H1 2025 earnings summary

Executive summary

• Net rental income rose from €3.5 million in H1 2024 to €5.8 million in H1 2025, driven by the Remington acquisition and tenant base expansion.

• Rental income for the full year 2025 is expected to exceed €11.1 million, up from €7.5 million in 2024.

• The company focuses on long-term value creation through a diversified real estate portfolio, with seven properties across the UK and US.

Financial highlights

• Operating result for H1 2025 was €4,696k, up from €2,412k in H1 2024.

• Net rental income for H1 2025 was €5,766k, compared to €3,452k in H1 2024.

• Result for the period was €755k, down from €1,998k in H1 2024, mainly due to negative valuation differences and higher financial expenses.

• Total assets decreased to €123.2 million from €136.3 million at year-end 2024.

• Cash and cash equivalents declined to €2.7 million from €5.1 million at year-end 2024.

Outlook and guidance

• Net rental income for 2025 is projected at €11.1 million, with an expected operating result before tax of €4.1 million.

• Operating expenses are expected to remain stable for the remainder of 2025.

• The company aims for a yearly dividend payout between €0.45 and €0.65 per ordinary share.