WebRock Ventures (WRV) Q1 2026 earnings summary

Executive summary

• Substantiated value increased 0.8% to 275.9 MSEK as of March 31, 2026, driven mainly by Olik's strong operational performance and a stable valuation for Lara Finance Group.

• Both core holdings, Lara and Olik, delivered robust growth and profitability, with momentum accelerating from late 2025.

• No significant events occurred during or after the quarter.

Financial highlights

• Operating profit for Q1 2026 was 1.9 MSEK, with a value change in financial assets of 3.9 MSEK (5.6 MSEK in Q1 2025).

• Net result for the period was 1.9 MSEK (1.2 MSEK in Q1 2025).

• Earnings per share reached 0.09 SEK (0.06 SEK in Q1 2025).

• Portfolio value at quarter-end was 269.6 MSEK, with cash of 4.1 MSEK and other net assets of 2.2 MSEK.

Outlook and guidance

• Management sees the company as well positioned for the remainder of 2026, with a growing loan portfolio in Lara and profitable growth in Olik.

• Olik's pipeline across all business units is expected to drive further growth, with a focus on faster deal conversion.