Preservia Hyresfastigheter (PHYR PREF) Q4 2025 earnings summary

Executive summary

• No revenue generated in 2025; net sales were 0.0 MSEK compared to 0.2 MSEK in 2024.

• Operating result before depreciation was -2.0 MSEK for 2025, down from -1.4 MSEK in 2024.

• Net result after tax was -2.0 MSEK for 2025, compared to -1.8 MSEK in 2024.

• The group is debt-free, with a strong balance sheet and a diversified investment portfolio.

• The group structure is complex, with limited liquidity and market valuation significantly below book equity.

Financial highlights

• Cash flow for 2025 was 0.2 MSEK, up from 0.0 MSEK in 2024.

• Result per share for 2025 was -0.10 SEK, compared to -0.09 SEK in 2024.

• Equity at year-end 2025 was 69.9 MSEK, down from 71.9 MSEK at year-end 2024.

• Soliditet (equity ratio) remained high at 99.89% for 2025.

Outlook and guidance

• Liquidity is sufficient to cover operational costs and commitments for the next 12 months.

• Management proposes a merger to simplify the structure and improve market valuation and liquidity.

• Focus remains on long-term value creation and strategic restructuring.