Nexar Group (NXAR) Q1 2025 earnings summary

Executive summary

• Revenue for January–March 2025 was 0 KSEK, down from 46 KSEK in the same period 2024.

• Net result for the period was -1,095 KSEK, a deterioration of 276 KSEK year-over-year.

• Equity per share increased to 0.15 SEK from 0.02 SEK year-over-year.

• Key operational developments include preparations for Football Dreamz in Nigeria, a new partnership in Asia, and ongoing negotiations in West Africa.

Financial highlights

• Net result per share was -0.02 SEK, compared to -0.03 SEK in Q1 2024.

• Cash flow for the quarter was -764 KSEK, compared to -127 KSEK in Q1 2024.

• No investments in Football Dreamz format during the period.

• Group equity at period end was 4,901 KSEK, up from 541 KSEK a year earlier.

Outlook and guidance

• Revenue from Asian football tournaments, in partnership with Claral Digital Solution AB, is estimated at 5–7 MSEK by September 2025 if fully executed.

• Planned start for Football Dreamz recording in Ogun State, Nigeria, in Q4 2025; Asian recording targeted for late 2026.