Transferator (TRAN) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was 12.5 MSEK, in line with Q1 2024; all revenue attributed to ABG group operations.

• EBITDA reached 1.3 MSEK, also consistent with the previous year.

• Net result was -0.97 MSEK, compared to 40.9 MSEK in Q1 2024, which included one-time gains from ELK Studios share sales.

• Financial items contributed -1.8 MSEK, mainly due to unrealized write-downs, notably in Hedera Group AB.

• Increased ownership in Qlinea AB to 8.6% through participation in a new share issue.

Financial highlights

• Revenue: 12.5 MSEK (Q1 2024: 12.3 MSEK).

• EBITDA: 1.3 MSEK (Q1 2024: 1.1 MSEK).

• Net result: -0.97 MSEK (Q1 2024: 40.9 MSEK, which included significant one-time gains).

• Depreciation: -0.4 MSEK (Q1 2024: -1.8 MSEK).

• Financial items: -1.8 MSEK (Q1 2024: 41.4 MSEK).

Segment performance

• ABG group remains the sole revenue contributor, focused on tank leasing and sales in Sweden.

• E-Ply's production is paused; future investment plans under consideration.

• Ventures segment includes minority stakes in Hedera Group (10%), EMPE Diagnostics (4.4%), and Q-Linea (8.6%).