Nidhogg Resources (NIDHOG) Q4 2025 earnings summary

Executive summary

• Revenue for the quarter was SEK 88 thousand, up from SEK 0 thousand in the same quarter last year.

• Profit after tax for the quarter was SEK -485 thousand, compared to SEK -60 thousand year-over-year.

• Cash and cash equivalents at period end were SEK 1,724 thousand.

• Strategic agreement signed for a gold project in Egypt, with an initial USD 500,000 investment.

• Board strengthened with new members bringing legal and mining expertise.

Financial highlights

• Group revenue for the year was SEK 88 thousand, up from SEK 77 thousand year-over-year.

• Group profit after tax for the year was SEK -485 thousand, a significant improvement from SEK -4.2 million year-over-year.

• Parent company profit after tax for the year was SEK -3.0 million, improved from SEK -11.5 million year-over-year.

• Cash and cash equivalents increased to SEK 1,724 thousand from SEK 1,210 thousand year-over-year.

Outlook and guidance

• Focus on completing ecological surveys and consultation documentation for Swedish projects.

• Plans to commence crushing operations and finalize agreements for the Egyptian gold project.

• Expected revenues from the Egyptian project to support working capital and operations over the next twelve months.