Space Nord Invest (SPACEN) Q3 2026 earnings summary

Executive summary

• Sold HifabGruppen and its operating subsidiaries to Vaaka Partners; sale completed 11 Aug 2026, leaving a cash-focused entity with no operating business.

• Board proposed voluntary liquidation; estimated distribution is ~SEK 4.20 per share, subject to costs and the liquidation process.

Financial highlights

• Jan–Sep 2026 revenue was SEK 1.1m, operating loss SEK 2.1m, disposal gain SEK 79.1m and net profit SEK 74.7m.

• Net profit included a SEK 2.9m tax expense from writing down deferred tax assets; transaction costs were ~SEK 2m.

• Cash and cash equivalents were SEK 253.6m at 30 Sep 2026, versus SEK 9.4m at 30 Sep 2025.

Outlook and guidance

• Estimated liquidation distribution of ~SEK 4.20 per share is preliminary, based on ~SEK 254m net cash, estimated costs and interest income.

• Voluntary liquidation is expected to take 7–8 months after registration of the shareholder resolution; timing depends on the six-month creditor notice period and may be delayed by unforeseen matters.

• Nasdaq Stockholm intends to decide on delisting on 23 Nov 2026; last trading day is expected to be 7 Dec 2026, subject to change due to the proposed liquidation.