Stockholm Treasury (STHLM) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 were 5,174 TSEK, a 41% decrease year-over-year, mainly due to the exclusion of VREX from the group.

• Operating result was -868 TSEK, down from -204 TSEK in Q1 2024, reflecting lower sales and fixed costs.

• Net result for the period was -1,233 TSEK, with EPS at -0.07 SEK.

• Strategic actions were initiated to improve profitability, including cost optimization and a focus on proflyer sales.

Financial highlights

• Net sales: 5,174 TSEK (down from 8,813 TSEK year-over-year).

• Operating margin: -17% (vs. -2% year-over-year).

• Net result: -1,233 TSEK (vs. -509 TSEK year-over-year).

• Cash flow for the period: -576 TSEK.

• Equity: 51,971 TSEK; number of shares: 16,747,187.

Outlook and guidance

• Continued strong demand for experiences, but conversion to sales affected by economic uncertainty.

• Focus remains on building a more profitable and sustainable business with ongoing strategic initiatives.